Overview
What is Clayton Foundation For Research?
The Clayton Foundation for Research is a nonprofit organization situated in Houston, Texas, with a primary focus on conducting medical research in collaboration with hospitals. Their mission is to uncover the causes, prevent, and cure various diseases for the betterment of humanity. They achieve this through a long-standing research program at the University of Texas M.D. Anderson Cancer Center, where they develop novel targeted therapeutic agents to specifically eliminate cancer cells and tackle other disease indications. This is accomplished by collaborating with researchers from institutions such as the University of California San Diego, Stanford University, and Johns Hopkins. The Foundation has filed patent applications for over twenty discoveries made during their research, resulting in several issued patents. Their secondary mission involves transferring these medical research discoveries to public use by patenting and licensing the technology, allowing it to be developed into drugs or other beneficial products. The organization employs 57 individuals in its mission.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
The Clayton Foundation for Research has achieved a respectable Three-Star rating, reflecting a solid commitment to accountability and financial transparency. With a score of 79% in the Accountability & Finance category, the organization demonstrates effective management of its resources, ensuring that a significant portion of its expenditures directly supports its programs.
Strengths highlighted in recent evaluations include a perfect score for its audit and oversight committee, conflict of interest policy, and whistleblower policy, indicating a structured approach to governance and ethical standards. Additionally, the organization's program expense ratio is notably high at 85.44%, suggesting that it allocates a substantial majority of its funds to its core mission rather than administrative costs.
While the overall rating is commendable, potential donors may consider the limitations of relying solely on a single beacon score, which limits the assessment of the organization’s broader impact. Nevertheless, the financial health and governance practices showcased by the Clayton Foundation for Research position it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Clayton Foundation For Research legitimate?
Clayton Foundation For Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clayton Foundation For Research submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,582,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,713,970
For more financial information, click here
What is the mission statement of Clayton Foundation For Research?
The Clayton Foundation for Research is dedicated to furthering medical research in collaboration with hospitals. Their primary objective is to uncover the roots, prevention methods, and potential cures for various diseases with the ultimate goal of benefiting humanity. Beyond this, the foundation seeks to translate the findings from their research into practical applications for the public. They accomplish this by obtaining patents and licensing the technology for the development of drugs or other beneficial products.
Who is the CEO of Clayton Foundation For Research?
Jarred W Sloan is the Trustee, President, Treasurer of Clayton Foundation For Research.
What is the revenue of Clayton Foundation For Research?
Clayton Foundation For Research's revenue in 2022 was $6,604,622.
Who are the executives of Clayton Foundation For Research and what are their salaries?
The average compensation at Clayton Foundation For Research during 2022 was $75,368. There are 57 employees at Clayton Foundation For Research.
Here are 10 key members and their salaries:
- Compensation: $257,354
- Related: $365,608
- Other: $93,530
- Compensation: $190,957
- Related: $432,005
- Other: $93,530
- Compensation: $91,375
- Related: $531,587
- Other: $93,530
- Compensation: $91,375
- Related: $232,855
- Other: $48,520
- Compensation: $91,375
- Related: $232,855
- Other: $48,520
- Compensation: $53,138
- Related: $183,598
- Other: $84,230
- Compensation: $198,267
- Related: $0
- Other: $78,460
- Compensation: $165,200
- Related: $0
- Other: $73,500
- Compensation: $106,475
- Related: $0
- Other: $67,881
- Compensation: $101,077
- Related: $0
- Other: $67,072
Where can I find the form 990 for Clayton Foundation For Research?
Clayton Foundation For Research's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clayton Foundation For Research
The Clayton Foundation for Research is dedicated to pursuing medical research in collaboration with hospitals. Their primary objective is to uncover the origins, preventive measures, and potential cures for various diseases, all with the ultimate goal of improving human health. Beyond this, the foundation has a secondary mission. They aim to translate the findings from their research labs into practical applications for the broader public. They achieve this by patenting and licensing their discoveries, enabling the development of drugs or other beneficial products. These innovations can then be distributed to the general population, furthering the foundation's mission to contribute to advancements in medical science for the betterment of humanity.
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Impact
July, 2024
The Clayton Foundation For Research's impact lies in conducting medical research in conjunction with hospitals to discover the cause, prevention, and cure of diseases for the benefit of mankind. Their longstanding research program at the University of Texas M. D. Anderson Cancer Center focuses on designing and developing targeted therapeutic agents to specifically destroy cancer cells, with collaborations with institutions like the University of California San Diego, Stanford University, and Johns Hopkins. Their patent applications and licensing efforts have resulted in the development and licensing of several discoveries, aiming to translate medical research discoveries into drugs or other products for the benefit of humanity.
This information is meant to be a general summary of Clayton Foundation For Research. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,387,350
- Program Service Revenue: $96,250
- Gross Receipts: $7,712,468
Assets and Liabilities:
- Total Assets: $112,685,763
- Total Liabilities: $7,117,332
- Net Assets: $105,568,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsored Research
Revenue
$96,250
Organization Details
Founding Year
1965
Phone
(713) 817-5259Principal Officer
Jarred W Sloan
Main Address
One Riverway 1500, Houston, TX, 77056
NTEE Category
Code: H990 - Medical research
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