EIN 74-1541767

Clayton Foundation for Research

IRS 501(c) type
501(c)(3)
Num. employees
57
State
Year formed
1965
Most recent tax filings
2022-12-01
Description
Nonprofit medical research organization to conduct medical research for the purpose of discovering the cause, prevention, and cure of diseases; and to transfer the resulting medical research discoveries from the laboratory to the use of the general pu...
Total revenues
$6,604,622
2022
Total expenses
$10,006,620
2022
Total assets
$112,685,763
2022
Num. employees
57
2022

Program areas at Clayton Foundation for Research

The conduct of a longstanding research program at the University of Texas M. D. Anderson Cancer Center, the purpose of which is to design and develop novel targeted therapeutic agents that target a powerful human toxin to specifically destroy cancer cells for the treatment of numerous cancer targets and other disease indications. A number of collaborations have been undertaken with researchers at various institutions (e.g., University of California San Diego, Stanford University, Johns Hopkins). Patent applications have been filed by Research Development Foundation ("RDF"), a tax exempt supporting organization of the Foundation (see schedule R, Part III), on more than twenty discoveries, and a number of patents have been issued. Licensing efforts have been ongoing and have resulted in several prior and current licenses.
A research program at Baylor College of Medicine in Houston is directed toward glaucoma, the second leading cause of permanent blindness in the world. More than 3 million Americans live with glaucoma, and it is estimated that perhaps millions more remain undiagnosed. The research includes opportunities to treat intraocular pressure (IOP) in a more targeted way that is independent of current medical therapies. State of the art technologies have been developed and are being used to analyze and characterize the molecular changes associated with the early stages of the diseases. The researchers are optimistic that this approach will lead to the identification of new potential therapies for glaucoma.
A research project at Baylor College of Medicine in gene and protein therapy focuses on inappropriate cell division and cell death within the human body. Much of the work is devoted to intraocular angiogenesis, with particular attention to: 1) the signals that control this process, 2) the development of animal models of human ocular disease, and 3) development of potential therapies. New targets have been identified and potential therapeutic agents are being developed and tested for the treatment of wet AMD. Patent applications have been filed by RDF, one of the Foundation's supporting entities, on several discoveries arising out of this research. Licensing efforts by RDF resulted in a license to a commercial company that, using project technology, completed a Phase I human clinical trial with gene therapy to treat wet age-related macular degeneration. The company continues to develop a therapeutic canidate based on the project technology to inhibit neovascularization of corneas following transplantation.

Grants made by Clayton Foundation for Research

GranteeGrant descriptionAmount
Georgetown UniversityGen Purpose$15,000
National Multiple Sclerosis SocietyGen Purpose$10,000

Who funds Clayton Foundation for Research

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Research Development FoundationGeneral Support$2,125,000
Foundation for ResearchGen Support$1,700,000

Personnel at Clayton Foundation for Research

NameTitleCompensation
Jarred W SloanPresident$257,354
Brian W CrozierTrustee$91,375
Robert L EvansPast Assistant Treasurer$198,267
Robert M WallaceTrustee , Vice President$190,957
Kimberly A ShipleyAssistant Secretary$165,200
...and 3 more key personnel

Financials for Clayton Foundation for Research

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,825,000
Program services$96,250
Investment income and dividends$1,980,257
Tax-exempt bond proceeds$0
Royalty revenue$296,022
Net rental income$0
Net gain from sale of non-inventory assets$407,093
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,604,622

Form 990s for Clayton Foundation for Research

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122022-03-01990View PDF
2018-122019-09-04990View PDF
...and 8 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $2,125,000 from Research Development Foundation
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 2 new vendors, including , and
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
HealthDiseases and disordersPublic policy
Characteristics
Conducts researchOperates internationallyEndowed supportTax deductible donations
General information
Address
1 Riverway 1500
Houston, TX 77056
Metro area
Houston-The Woodlands-Sugar Land, TX
Website URL
claytonbiotech.com/ 
Phone
(713) 963-5802
IRS details
EIN
74-1541767
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
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