Clayton Family Foundation
- Assets
- $94.1m
- Revenue
- $9.7m
- Investments
- $93.5m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 58-1970851
Organization Overview
Clayton Family Foundation is located in Knoxville, TN. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clayton Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Clayton Family Foundation generated $9.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $12.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clayton Family Foundation has awarded 226 individual grants totaling $29,736,538. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Clayton President | 1 | $0 | |
Michell B Clayton Managing Dir | 30 | $0 | |
Kevin T Clayton Director | 0.25 | $0 | |
Kevin S Wilder Treasurer | 1 | $0 | |
Travis K Edmondson Director | 0.25 | $0 | |
Flynt H Griffin Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36,949 |
| Dividends & Interest | $3,183,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,470,024 |
| Capital Gain Net Income | $6,470,024 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,000 |
| Total Revenue | $9,700,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,981 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,117 |
| Printing and publications | $0 |
| Other expenses | $957 |
| Total operating and administrative expenses | $155,950 |
| Contributions, gifts, grants paid | $12,206,600 |
| Total expenses and disbursements | $12,362,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $599,217 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $379,995 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $94,064,345 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clayton Family Foundation has awarded $12,206,600 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION INC PURPOSE: MEDICAL RESEARCH | $2,000 |
AMERICAN LEGION AUXILIARY UNIT 2 PURPOSE: PEARL HARBOR DAY CELEBRATION | $500 |
APPALACHIAN BALLET COMPANY PURPOSE: DANCE SCHOOL TRANSPORTATION | $2,500 |
BEECH PARK BAPTIST CHURCH PURPOSE: CHURCH GENERAL FUND | $5,000 |
BRYANT'S BRIDGE INC PURPOSE: AFFORDABLE HOUSING | $5,000 |
CLAYTON-BRADLEY STEM ACADEMY PURPOSE: K-12 SCHOOL | $5,000 |