Clinical Research Foundation
Clinical Research Foundation is a private foundation focused on Medical Research, based in Wellesley Hills, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $220K in total assets. In 2025, it awarded 2 grants totaling $12K. Net investment income was $6K.
Clinical Research Foundation at a glance
In short: Clinical Research Foundation gave $12K across 2 grants in 2025 (avg $6K). Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $12,460
- Grants made (2025)
- 2
- Average grant
- $6,230
- Median grant
- $6,230
- Total assets
- $219,580
- -5.2% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Clinical Research Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Ascardio Health ($12K across 2 grants).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
How Clinical Research Foundation gives
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ascardio Health | Study of Cardiac Function in Patients Withtb | $8,030 |
| Ascardio Health | Support Teaching Platformneumocursoscom | $4,430 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $219,580 | $8,719 | $20,856 | $12,460 | 2 | $13,343 | $6,366 | $12,112 |
| 2024 | $231,717 | $5,911 | $4,970 | — | — | $813 | $3,740 | $11,627 |
| 2023 | $230,776 | $15,829 | $11,361 | — | — | $7,741 | $2,234 | $10,887 |
| 2022 | $226,308 | $4,064 | $15,353 | — | — | $11,809 | $2,235 | $11,374 |
| 2021 | $237,597 | $3,389 | $8,843 | — | — | $3,681 | $1,604 | $12,308 |
| 2020 | $243,053 | $932 | $5,476 | — | — | — | — | — |
| 2019 | $247,597 | $44 | $8,606 | — | — | — | — | — |
Under IRS private-foundation payout rules, Clinical Research Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clinical Research Foundation is led by Bartolome Celli, Executive Director since 2020 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bartolome Celli
Executive Director
Director → Executive Director, 2020
On filings since 2019
7 hrs/week
No compensation reported
Miguel Divo
Director
On filings since 2019
2 hrs/week
No compensation reported
Victor Pinto-Plata
Director
On filings since 2019
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clinical Research Foundation
How much does Clinical Research Foundation give each year?
Clinical Research Foundation gave $12K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is Clinical Research Foundation?
Clinical Research Foundation reported $220K in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is Clinical Research Foundation?
Clinical Research Foundation is a private foundation focused on Medical Research, based in Wellesley Hills, MA. It holds $220K in total assets as of 2025.
What is Clinical Research Foundation's EIN?
Clinical Research Foundation's EIN (Employer Identification Number) is 04-3436481. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 22, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Added Form 990-EZ for fiscal year 2019 (received by the IRS February 1, 2020)
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS February 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
Live grants for the work Clinical Research Foundation funds
Medical Research Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Clinical Research Foundation's focus areas in our free grants database
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Figures come from Clinical Research Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Clinical Research Foundation down — hundreds of funders to go?