Nonprofit · EIN 20-0753128
CLAYTON FOUNDATION
Tax-exempt · KNOXVILLE, TN 37939
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,218,574 | $79,175 | $4,139,399 | $193,540,780 | $0 | $193,540,780 |
| December 31, 2023 | 990 | $6,742,739 | $132,126 | $6,610,613 | $162,697,276 | $0 | $162,697,276 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $4,101,391
- Net rental income
- $117,183
- Net gain from sales of assets
- $1,344,091
- Other revenue
- $117,183
Expenses
- Grants and similar amounts paid
- $30,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $30,000
- Management and general (functional)
- $49,175
Balance sheet and other
- Total assets, start of year
- $162,697,276
- Total assets, end of year
- $193,540,780
- Total liabilities, end of year
- $0
- Net assets, end of year
- $193,540,780
- Land, buildings and equipment
- $2,560,000
- Publicly traded securities
- $190,546,045
- Net assets without donor restrictions
- $193,540,780
- Gross receipts
- $4,218,574
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2003
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JAMES L CLAYTON | PRESIDENT AN Trustee or director, Officer | 1 | $0 |
| MR KEVIN T CLAYTON | VICE CHAIR Trustee or director, Officer | 0.2 | $0 |
| MS LUCY HAND | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR HALLERIN H HILL | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR NATHANIEL SHELSO | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR CHUCK JUSTICE | SECRETARY Officer | 0.2 | $0 |
| MR KEVIN WILDER | TREASURER Officer | 0.2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JAMES L CLAYTON | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| MR KEVIN T CLAYTON | VICE CHAIR Trustee or director, Officer | 0.2 | $0 |
| MS LUCY HAND | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR HALLERIN H HILL | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR NATHANIEL SHELSO | REGULAR DIRE Trustee or director | 0.2 | $0 |
| MR CHUCK JUSTICE | SECRETARY Officer | 0.2 | $0 |
| MR KEVIN WILDER | TREASURER Officer | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11885, KNOXVILLE, TN 37939-1885
- In care of
- % JAMES L CLAYTON SR
- Principal officer (990 for 2024)
- MR JAMES L CLAYTON, PO BOX 11885, KNOXVILLE, TN 37939
- Signed the 990
- MR JAMES L CLAYTON, PRESIDENT AND CHAIR
- Phone
- (865) 380-3301
- Return prepared by
- BROWN JAKE & MCDANIEL PC
Mission
CLAYTON FOUNDATION WAS ESTABLISHED TO SUPPORT AND ENRICH SOCIAL, EDUCATIONAL, CULTURAL, AND ECONOMIC LIFE IN AND AROUND KNOXVILLE, TENNESSEE AND OTHER COMMUNITIES IN THE STATE OF TENNESSEE.
Program accomplishments
- PROVIDE GRANT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION, IN FURTHERANCE OF ITS MISSION.Expenses $30,000 · grants $30,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0753128
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $193,540,780
- Income (IRS master file)
- $4,218,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,218,574 | $79,175 | $193,540,780 | XML |
| 990 | December 2023 | $6,742,739 | $132,126 | $162,697,276 | XML |
| 990 | December 2022 | $3,333,954 | $251,078 | $131,065,075 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0753128).
Questions about CLAYTON FOUNDATION
- What is the EIN of CLAYTON FOUNDATION?
- The employer identification number (EIN) of CLAYTON FOUNDATION is 20-0753128.
- Is CLAYTON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to CLAYTON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CLAYTON FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLAYTON FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLAYTON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLAYTON FOUNDATION?
- The 990 for the year ended December 31, 2024 names MR JAMES L CLAYTON.
- Who are the officers and directors of CLAYTON FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does CLAYTON FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,218,574, expenses of $79,175 and total assets of $193,540,780 at year end.
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All nonprofits in KNOXVILLE · Tennessee · Philanthropy, voluntarism and grantmaking foundations