Foundation for Research
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
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
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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
No grants recorded for .
Who else does Foundation for Research fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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