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Nonprofit · EIN 76-0285764

CLAYTON FUND INC TEXAS COMMERCE BANK

Tax-exempt · HOUSTON, TX 77002

Financials

$2.1M$2.7M2023$4.8M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of CLAYTON FUND INC TEXAS COMMERCE BANK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,782,820$3,095,013$1,687,807$34,447,419$12,386$34,435,033
December 31, 2023990-PF$2,130,196$2,699,650-$569,454$32,746,745$0$32,746,745
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$819,614
Net gain from sales of assets
$3,944,163
Other income
$19,043

Expenses

Grants and similar amounts paid
$2,540,000
Compensation of officers, directors and key employees
$188,203
Disbursements for charitable purposes
$2,603,641
Excise tax on investment income
$60,091

Balance sheet and other

Total assets, start of year
$32,746,745
Total assets, end of year
$34,447,419
Total liabilities, end of year
$12,386
Net assets, end of year
$34,435,033
Fair market value of assets
$64,649,802
Qualifying distributions
$2,603,641
Net investment income
$4,754,397

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JPMorgan Chase Bank
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
SEC/TREAS1$156,203
BURDINE C JOHNSON
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
TRUSTEE1$12,000
WILLIAM GARWOOD
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
PRESIDENT1$10,000
WILLIAM BAKER
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
VICE PRES1$10,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CHASE BANK OF TEXAS HOUSTON
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
SEC/TREAS1$148,025
BURDINE C JOHNSON
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
TRUSTEE1$12,000
WILLIAM GARWOOD
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
PRESIDENT1$10,000
WILLIAM BAKER
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002
VICE PRES1$10,000

Address and contacts

Address (IRS master file)
712 MAIN STREET 11TH FLOOR NORTH, HOUSTON, TX 77002-3201
In care of
% JPMORGAN CHASE BANK NA
Signed the 990-PF
WILLIAM GARWOOD, PRESIDENT
Phone
(713) 216-4055
Return prepared by
Forvis Mazars LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
76-0285764
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$34,447,419
Income (IRS master file)
$11,738,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,782,820$3,095,013$34,447,419IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$2,130,196$2,699,650$32,746,745XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 76-0285764).

Questions about CLAYTON FUND INC TEXAS COMMERCE BANK

What is the EIN of CLAYTON FUND INC TEXAS COMMERCE BANK?
The employer identification number (EIN) of CLAYTON FUND INC TEXAS COMMERCE BANK is 76-0285764.
Is CLAYTON FUND INC TEXAS COMMERCE BANK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to CLAYTON FUND INC TEXAS COMMERCE BANK tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CLAYTON FUND INC TEXAS COMMERCE BANK file?
Form 990-PF. Private foundations file every year.
When is the next return of CLAYTON FUND INC TEXAS COMMERCE BANK 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 FUND INC TEXAS COMMERCE BANK last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CLAYTON FUND INC TEXAS COMMERCE BANK?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $156,203 (JPMorgan Chase Bank, SEC/TREAS).
How much revenue does CLAYTON FUND INC TEXAS COMMERCE BANK have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,782,820, expenses of $3,095,013 and total assets of $34,447,419 at year end.

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