Clayton Legacy Foundation
- Assets
- $4.5m
- Revenue
- $16.3k
- Investments
- $4.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 85-3004985
Organization Overview
Clayton Legacy Foundation is located in Wilmington, DE. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 Legacy 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 Legacy Foundation generated $16.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.8%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Clayton Legacy Foundation has awarded 35 individual grants totaling $553,699. 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 |
|---|---|---|---|
Philip Garrett Clayton Sec, Treas, Pres, Special Dir | 1 | $0 | |
Richard Ramirez Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $586 |
| Dividends & Interest | $16,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$381 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10 |
| Total Revenue | $16,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,936 |
| Total operating and administrative expenses | $23,040 |
| Contributions, gifts, grants paid | $59,699 |
| Total expenses and disbursements | $82,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,674 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,466,777 |
| 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 Legacy Foundation has awarded $59,699 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
220 BASEBALL PURPOSE: GENERAL & UNRESTRICTED | $4,000 |
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI PURPOSE: GENERAL & UNRESTRICTED | $250 |
ASPIRE TO WIN INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
BOYS & GIRLS CLUBS OF GREATER FORT TARRANT COUNTY PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
CHILDSAFE PURPOSE: GENERAL & UNRESTRICTED | $250 |
COMMUNITY BIBLE CHURCH PURPOSE: GENERAL & UNRESTRICTED | $500 |