Clayton Medical Research Foundation Inc
As a supporting organization to the Clayton Foundation for Research (Clayton) the Foundation's primary mission is to fund medical research for the purpose of discovering the cause, prevention and cure of diseases for the benefit of mankind. The secondary mission is to transfer the resulting medical research discoveries from the laboratory to the use of the general public by patenting and licensing such technology for development into drugs or other products for the use and benefit of mankind through Clayton's other supporting entities.
Clayton Medical Research Foundation Inc at a glance
In short: Clayton Medical Research Foundation Inc gave $2.5M across 2 grants in 2024 (avg $1.3M), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,538,781
- -24.5% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $1,269,391
- +13.3% vs 2023
- Median grant
- $1,269,391
- Total assets
- $100,006,501
- +12.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Clayton Medical Research Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The Salk Institute ($1.7M). Together the top 2 received $2.5M.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was in the $500K–1M range: 7 grants of 14 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Clayton Medical Research Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−13%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.4M (2022) to $3.4M (2023). In 2024 it made 2 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Salk Institute La Jolla, CA | Medical research | $1,686,000 |
| UnivCalif San Diego La Jolla, CA | Medical research | $852,781 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $100,006,501 | $5,236,838 | $3,126,466 | $2,538,781 | 2 | $5,236,838 |
| 2023 | $88,853,594 | $2,839,778 | $3,913,882 | $3,361,525 | 3 | $2,839,778 |
| 2022 | $77,997,012 | $2,968,221 | $2,947,932 | $2,408,327 | 3 | $2,968,221 |
| 2021 | $95,559,460 | $3,301,602 | $3,411,349 | $2,904,063 | 3 | $3,301,602 |
| 2020 | $82,610,089 | $1,906,095 | $3,147,844 | $2,645,743 | 3 | $1,906,095 |
About Clayton Medical Research Foundation Inc
Based on IRS filings
Clayton Medical Research Foundation Inc is a public charity, based in Carson City, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $100.0M in total assets. In 2024, it awarded 2 grants totaling $2.5M. Net investment income was $5.2M.
Leadership & Key People
Officers and directors from IRS filings
Clayton Medical Research Foundation Inc is led by Robert M Wallace, Trustee & President since 2021 (on filings since 2020); 5 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert M Wallace
Trustee & President
Trustee & Vice President → Trustee & President, 2021
On filings since 2020
8 hrs/week
$12K (2020) → $14K (2024)
Brian W Crozier
Trustee & Chairman
Trustee → Trustee & Chairman, 2023
On filings since 2020
2 hrs/week
$12K (2020) → $14K (2024)
Jarred W Sloan
Trustee, Vice President & Treasurer
On filings since 2020
6 hrs/week
$12K (2020) → $14K (2024)
Joan S Dunlap
Trustee, Vice President & Assistant Secretary
Vice President & Assistant Secretary → Trustee, Vice President & Assistant Secretary, 2023
On filings since 2020
4 hrs/week
$10K (2023) → $14K (2024)
Lynn P Carter
Trustee
On filings since 2020
4 hrs/week
$12K (2020) → $14K (2024)
Christopher MacKenzie
Vice President & Secretary
On filings since 2020
1 hr/week
No compensation reported
John Russell Beekman
Vice President
On filings since 2020
10 hrs/week
No compensation reported
Robert L Evans
Vice President & Assistant Treasurer
Assistant Treasurer → Vice President & Assistant Treasurer, 2023
On filings since 2020
No compensation reported
Former officers (2)
- Former: Thomas J Brorby (2020–2023) — Trustee & Chairman · Filing note: Deceased
- Former: William Clayton Jr. (2020) — Trustee & President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $14K, to Robert M Wallace (Trustee, President). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Clayton Medical Research Foundation Inc
How much does Clayton Medical Research Foundation Inc give each year?
Clayton Medical Research Foundation Inc gave $2.5M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.4M across 3 grants.
How large is Clayton Medical Research Foundation Inc?
Clayton Medical Research Foundation Inc reported $100.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.2M.
Where does Clayton Medical Research Foundation Inc operate?
Clayton Medical Research Foundation Inc has awarded grants in California.
What is Clayton Medical Research Foundation Inc's EIN?
Clayton Medical Research Foundation Inc's EIN (Employer Identification Number) is 51-0306704. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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