NonprofitsClayton Medical Research Foundation Inc

Clayton Medical Research Foundation Inc

CARSON CITY, NV

Total revenue

$5.2M

Total expenses

$3.1M

Net assets

$97.5M

Grants received

EIN

510306704

Tax year

2024

Mission

Clayton Medical Research Foundation, Inc. was established as a charitable non-profit corporation to support medical and scientific research.

Programs

4 programs

The Novel Biologically Active Peptides and Small Proteins grant to the Salk Institute for Biological Studies funds research. The overreaching hypothesis of this project is that novel drug targets exist among the thousands of newly discovered microproteins. The list includes uncharacterized secreted bioactive peptides and small proteins. In the past two years the focus has shifted from intracellular microproteins to uncharacterized secreted bioactive peptides because they are similar to peptide hormones and neuropeptides, which have proven expellant drug targets. Consequently, this project has three aims: the deep characterization of C4ORF48 in neurobiology and Alzheimer's disease (Aim 1), the role of augurin in metabolic health and cancer (Aim 2), and the continued identification of novel peptides to feed into this pipeline (Aim 3). As part of these broader efforts, tools have been developed for this project, such as ShortStop, to find and characterize these novel bioactive peptides.

Expenses: $579KGrants: $526K

The MorfVeuss Discovery, Screening and Therapeutic Platform grant to the Salk Institute for Biological Studies funds research to develop a screening platform, called MorfVeuss, that will allow the discovery of micro-peptide drug targets while transforming these discoveries into gene and oncolytic viral therapeutic candidates. The objective of this platform is to overcome a critical unmet need in identifying and characterizing a novel class of therapeutics, building from very recent discoveries in the past decade in the emerging field of micro-proteins. Development of this platform should open the door for new breakthroughs and a pipeline of innovative new drug candidates, applicable across different indications.

Expenses: $496KGrants: $448K

The Foundation funded 2 other medical research grants and project administration expenses at The Salk Institute for Biological Studies. The titles of the 2 additional grants are as follows: (1) Identification of functional markers for developing side effect-free non-opioid analgesics

Expenses: $438KGrants: $396K

(2) Bifunctional Small Molecules for Rapid Protein Clearance from Blood

Expenses: $348KGrants: $316K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$5.2M
Other revenue
Total revenue$5.2M

Expenses

Grants paid$2.5M
Salaries & benefits$265K
Fundraising
Other expenses$323K
Total expenses$3.1M
Total assets$100.0M
Net assets$97.5M

People

8 listed

NameRoleCompensation

Robert M Wallace

Trustee, President

Board

$14K

8 hrs/wk

Jarred W Sloan

Trustee, Vice President, Treasurer

Board

$14K

6 hrs/wk

Lynn P Carter

Trustee

Board

$14K

4 hrs/wk

Joan S Dunlap

Trustee,VP,Assistant Secretary

Board

$14K

4 hrs/wk

Brian W Crozier

Trustee, Chairman

Board

$14K

2 hrs/wk

Robert L Evans

VP, Assistant Treasurer

Board

0

John Russell Beekman

Vice President

Board

10 hrs/wk

Christopher MacKenzie

Vice President, Secretary

Board

1 hrs/wk

Independent contractors

Brorby Crozier & Dobie PC

Legal

$173K

Details

EIN510306704
Subsection03
Ruling date1988-04
Formed1989
Employees0
CLAYTON MEDICAL RESEARCH FOUNDATION INC — Mission, Financials & Grants Received | Grantivo