- Revenue 2024
- $14,857,333
- Expenses 2024
- $10,938,202
Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- H990
- Classification
- 1280
- Street
- 1 RIVERWAY STE 1500
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
This address is a suite or unit (STE 1500). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
CLAYTON FOUNDATION COMPANY
EIN 74-6035675
Mission and programs · 2024
Mission
The primary mission is to conduct medical research in conjunction with hospitals 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 the Foundation's supporting entities.
Activities or mission (Part I)
The primary mission is to conduct medical research in conjunction with hospitals for the purpose of discovering the cause, prevention and cure of diseases for the benefit of mankind.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,030,206
-
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, Diabetic Retinopathy, and Retinopathy of Prematurity.
Expenses $964,510
-
The conduct of a longstanding research program at the University of Texas M. D. Anderson Cancer Center(which program moved to Texas A&M Institute of Biosciences and and Technology during the year) , 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). 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 licenses.
Expenses $910,134
-
Vaccines, Diagnostics and Therapeutics for the Ehrlichioses at The Univerity of Texas Medical Branch at Galveston
Expenses $825,546
-
Development of Biorepository and Novel Therapeutic Strategies for Hepatocellular Carcinoma at the University of Texas Health Science Center at San Antonio
Expenses $807,116
-
Early Detection and Treatment of Glaucoma Baylor College of Medicine Houston
Expenses $674,935
-
Identification of Host-based Antiviral Targets at the University of Texas Southwestern Medical Center Dallas
Expenses $637,144
-
The Use of Light for Cardiological, Surgical, and Related Purposes at the University of Texas Health Science Center at San Antonio
Expenses $622,259
-
Antibody Discovery and Optimization Using the Eclonal Technology at The University of Texas at Austin
Expenses $589,586
-
Electroceutical Sciences and Medicine at Dell Medical School at the University of Texas
Expenses $495,150
As filed on the 2024 return. The first 10 program lines listed; the rest are in the source return and the API. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Jarred W Sloan
Trustee, President, Treasurer
- Total calculated
- $785,428
- From this org
- $283,402
- From related orgs
- $402,613
- Other
- $99,413
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $283,402 + $402,613 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $77,484 + $21,929 related
- Filer's total
- $360,886 + $424,542 related
-
Robert M Wallace
Trustee, Vice President
- Total calculated
- $785,428
- From this org
- $210,286
- From related orgs
- $475,729
- Other
- $99,413
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $210,286 + $475,729 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $77,484 + $21,929 related
- Filer's total
- $287,770 + $497,658 related
-
Lynn P Carter
Trustee
- Total calculated
- $785,428
- From this org
- $100,624
- From related orgs
- $585,391
- Other
- $99,413
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $100,624 + $585,391 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $99,413 related
- Filer's total
- $100,624 + $684,804 related
-
Joan S Dunlap
Trustee VP, Secretary
- Total calculated
- $707,039
- From this org
- $159,140
- From related orgs
- $458,605
- Other
- $89,294
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $159,140 + $458,605 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $58,967 + $30,327 related
- Filer's total
- $218,107 + $488,932 related
-
Brian W Crozier
Trustee, Chairman
- Total calculated
- $406,898
- From this org
- $100,624
- From related orgs
- $256,424
- Other
- $49,850
- Hours/week
- 5 + 10 related
Schedule J breakdown matched by us
- Base
- $100,624 + $256,424 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $49,850
- Filer's total
- $150,474 + $256,424 related
-
Robert L Evans
VP, Assistant Treasurer
- Total calculated
- $305,150
- From this org
- $222,000
- From related orgs
- $0
- Other
- $83,150
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $83,150
- Filer's total
- $305,150
-
Kimberly A Shipley
Assistant Secretary
- Total calculated
- $254,780
- From this org
- $178,200
- From related orgs
- $0
- Other
- $76,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,200
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $76,580
- Filer's total
- $254,780
-
Lawrence H Cheung
Project Researcher
- Total calculated
- $154,436
- From this org
- $114,406
- From related orgs
- $0
- Other
- $40,030
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $114,406
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $40,030
- Filer's total
- $154,436
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $14,857,333
- Expenses
- $10,938,202
- Contributions
- $2,025,000
- Grants paid
- $51,500
-
2023
- Revenue
- $11,043,790
- Expenses
- $10,750,530
- Contributions
- $8,075,000
- Grants paid
- $150,000
-
2022
- Revenue
- $6,604,622
- Expenses
- $10,006,620
- Contributions
- $3,825,000
- Grants paid
- $150,000
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $10,982,705
- Expenses
- $10,317,749
- Assets (EOY)
- $144,911,994
-
2020 · 990
- Revenue
- $10,487,160
- Expenses
- $9,206,656
- Assets (EOY)
- $120,838,913
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
The University of Texas MD Anderson Cancer Center
$100,000
2023 Gen Purpose
-
$15,000
2022 Gen Purpose
-
$10,000
2022 Gen Purpose
-
$10,000
2024 Gen Purpose
Grants received
-
RESEARCH DEVELOPMENT FOUNDATION
$5,500,000
2023 General Support
-
$2,575,000
2023 Gen Support
-
RESEARCH DEVELOPMENT FOUNDATION
$2,125,000
2022 General Support
-
$1,775,000
2024 Gen Support
-
$1,700,000
2022 Gen Support
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(c)(2) · Title Holding Corporation · TX · controlled entity
-
501(c)(3) · Medical research · NV
-
Clayton Medical Research Foundation Inc
501(c)(3) · Medical Research · DE
-
Research Development Foundation
501(c)(3) · Technology Transfer · NV
-
Institut Clayton de la Recherche
Exempt Swiss Charity · Medical research · SZ
Declared as related by
-
CLAYTON MEDICAL RESEARCH FOUNDATION INC
On its 2024 return
-
On its 2024 return
-
RESEARCH DEVELOPMENT FOUNDATION
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2024 return
-
Foundation Services Inc
C · Holding Company · NV
-
Clayton Biotechnologies Inc
C · Technology Transfer · NV · controlled entity
-
Julie Davis Clayton Trust
T · Charitable Remainder Trust · TX
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.