Research Development Foundation
To advance medical and scientific research through the transfer of technology from the laboratory to public use by obtaining patents and licenses and administering patents arising out of discoveries made pursuant to research conducted or sponsored by Clayton Foundation for Research and its supporting organizations.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$51.2M
+7.2% YoY
Annual Giving
$250K
-97.1% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$250K
-94.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $51,172,587 | $47,741,944 | $53,552,306 |
| Revenue | $6,153,203 | $4,800,082 | $5,465,008 |
| Expenses | $15,954,732 | $16,802,510 | $12,137,887 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,472,512 | $2,283,971 | $-4,430,576 |
| 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 1 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 Research Development Foundation 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 | $186,901 |
| Jarred W Sloan | Trustee, Vice President, Treasurer | 4 | $150,341 |
| Lynn P Carter | Trustee | 4 | $77,248 |
| Joan S Dunlap | Trustee,VP,Assistant Secretary | 8 | $129,182 |
| Brian W Crozier | Trustee, Chairman | 6 | $77,248 |
| Robert L Evans Jr | VP, Assistant Treasurer | — | — |
| John Russell Beekman | Vice President | 10 | — |
| 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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