As a supporting organization to the Clayton Foundation for Research ("Clayton"), the organization'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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$160.4M
+4.8% YoY
Annual Giving
$5.7M
+121.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$2.9M
+10.9% YoY
About Foundation for Research
Based on IRS filings
Foundation for Research is a nonprofit organization focused on Medical Research, based in CARSON CITY, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $160.4M in total assets. In 2024, it awarded 2 grants totaling $5.7M. Net investment income was $6.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $160,440,997 | $153,158,382 | $139,501,706 |
| Revenue | $6,556,157 | $8,084,942 | $6,169,277 |
| Expenses | $7,047,376 | $3,959,908 | $2,922,550 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,556,157 | $4,984,942 | $6,169,277 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Research Development Foundation ($3,935,000), Clayton Foundation for Research ($1,775,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Clayton Foundation for Research Houston, TX | Gen Support | $1,775,000 |
| Research Development Foundation Carson City, NV | General Support | $3,935,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert M Wallace | Trustee, President | 4 | $210,276 |
| Jarred W Sloan | Trustee, Vice President, Treasurer | 6 | $173,720 |
| Lynn P Carter | Trustee | 4 | $100,624 |
| Joan S Dunlap | Trustee,VP,Assistant Secretary | 4 | $126,592 |
| Brian W Crozier | Trustee, Chairman | 2 | $100,624 |
| Robert L Evans | VP, Assistant Treasurer | — | — |
| John Russell Beekman | Vice President | 20 | $117,543 |
| Christopher MacKenzie | Vice President, Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for Research?
Foundation for Research is a nonprofit organization focused on Medical Research, based in CARSON CITY, NV. It holds $160.4M in total assets as of 2024.
How large is Foundation for Research?
As of 2024, Foundation for Research holds $160.4M in total assets with $6.6M in annual revenue. It awarded 2 grants totaling $5.7M in 2024.
Where does Foundation for Research operate?
Foundation for Research has awarded grants in Nevada, Texas.
What size grants does Foundation for Research award?
In 2024, Foundation for Research awarded 2 grants totaling $5.7M — an average of about $2.9M per grant, based on its IRS Form 990 filings.
What is Foundation for Research's EIN?
Foundation for Research's EIN (Employer Identification Number) is 88-0234196. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for Research's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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