Research Development Foundation

CARSON CITY, NV EIN: 88-0234325

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 · View filing

Total Assets

$51.2M

+7.2% YoY

Annual Giving

$250K

-97.1% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$250K

-94.2% YoY

About Research Development Foundation

Based on IRS filings

Research Development Foundation is a nonprofit organization, based in CARSON CITY, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51.2M in total assets. In 2024, it awarded 1 grants totaling $250K. Net investment income was $1.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $20.6M (84%)

Nevada $3.9M (16%)

States

Nevada Texas

Cities

Carson CityHouston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Foundation for Research ($250,000).

Recipient	Purpose	Amount
Foundation for Research Carson City, NV	General Support	$250,000

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	$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	—

Frequently Asked Questions

How large is Research Development Foundation?

As of 2024, Research Development Foundation holds $51.2M in total assets with $6.2M in annual revenue. It awarded 1 grants totaling $250K in 2024.

Where does Research Development Foundation operate?

Research Development Foundation has awarded grants in Nevada, Texas.

What size grants does Research Development Foundation award?

In 2024, Research Development Foundation awarded 1 grants totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.

What is Research Development Foundation's EIN?

Research Development Foundation's EIN (Employer Identification Number) is 88-0234325. IRS Form 990 filing data is available on this page for 2020–2024.