2018-10-25T16:34:07-04:00 2017-12-31 621170651 BROWN JAKE & MCDANIEL PC 2607 KINGSTON PIKE SUITE 110 KNOXVILLE TN 379193336 990 2017-01-01 200753128 THE CLAYTON FOUNDATION C/O EAST TENNESSEE FOUNDATION CLAY 8653803301 520 W SUMMIT HILL DR SUITE 1101 KNOXVILLE TN 37902 MR JAMES L CLAYTON PRESIDENT & CHAIRMAN 8655241223 2018-10-18 true JAMES E BOOHER CPA P00286127 8656378600 2018-10-25 104.190.12.28 2018-10-25 15:34:07 CD P B703E26EB99893ADD199BCB01834EAAF07A9B5F3 B703E26EB99893ADD199BCB01834EAAF07A9B5F3 2017 2018-06-14 16:35:46Z MR JAMES L CLAYTON 520 W SUMMIT HILL DR SUITE 801 KNOXVILLE TN 37902 8377314 false X X 2003 TN 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. 5 2 0 5 0 0 0 1427584 1973188 0 1427584 1973188 30000 30000 0 0 0 0 54582 61424 84582 91424 1343002 1881764 38830806 47388493 25000 0 38805806 47388493 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. false false 30000 30000 PROVIDE GRANT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION, IN FURTHERANCE OF ITS MISSION. 30000 true false false false false false false false false false false false false false false true false true false false false false false false false false false true false false false false false false false false false true false false false false false true false false false true 0 0 0 false false false false false false false false false false X 5 2 true false false false false false false true false false false true true true true false false false false false TN X MR KEVIN WILDER 8653803301 520 W SUMMIT HILL DR SUITE 801 KNOXVILLE TN 37902 X MR JAMES L CLAYTON PRESIDENT & 1.00 0.00 X X 0 0 0 MR KEVIN T CLAYTON SPECIAL DIRE 0.20 0.00 X 0 0 0 MS LUCY HAND REGULAR DIRE 0.20 0.00 X 0 0 0 MR HALLERIN H HILL REGULAR DIRE 0.20 0.00 X 0 0 0 MR RAJA J JUBRAN REGULAR DIRE 0.20 0.00 X 0 0 0 MR KEVIN WILDER SECRETARY 2.00 0.00 X 0 0 0 false false false 824192 824192 7553122 6404126 1148996 1148996 1148996 1973188 1973188 30000 30000 61424 61424 91424 30000 61424 0 56400 31451 38774406 47357042 38830806 47388493 25000 25000 0 X 38805806 47388493 38805806 47388493 38830806 47388493 1881764 6700923 X false true X true false X X 1 EAST TENNESSEE FOUNDATION 620807696 8 true 30000 0 1 30000 0 true false false false false false true false false false true false false false false true false PART IV, SECTION A, LINE 9C AS REPORTED ON SCHEDULE L, JAMES L. CLAYTON OWNS 100% OF CLAYTON BANCORP, INC., WHICH OWNED CLAYTON BANK AND TRUST THROUGH 7/31/17. JAMES L. CLAYTON IS CHAIRMAN OF CLAYTON BANCORP AND WAS PRESIDENT/CEO OF CLAYTON BANK AND TRUST. KEVIN T. CLAYTON AND RAJA JUBRAN ARE ON THE BOARD OF DIRECTORS OF CLAYTON BANCORP, INC. KEVIN T. CLAYTON AND RAJA J. JUBRAN WERE ON THE BOARD OF DIRECTORS OF CLAYTON BANK AND TRUST. CLAYTON BANK AND TRUST/FIRSTBANK PROVIDES FIDUCIARY, SAFEKEEPING, AND INVESTMENT MANAGEMENT SERVICES TO CLAYTON FOUNDATION. SERVICES ARE PROVIDED AT A RATE BELOW FAIR MARKET VALUE. TOTAL FEES PAID TO CLAYTON BANK AND TRUST/FIRSTBANK BY THE FOUNDATION DURING 2017 TOTALED 61,424, OF WHICH 45,107 WERE PAID PRIOR TO 8/1/2017. X SCHEDULE D, PAGE 3, PART X UNDER ACCOUNTING STANDARDS, AN ORGANIZATION MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES IN 2017 AND 2016. true EAST TN FOUNDATION 520 W SUMMIT HILL DR SUITE 1101 KNOXVILLE TN 37902 620807696 501C3 30000 GEN SUPPORT-SUP ORG 1 SCHEDULE I, PAGE 1, PART I, LINE 2 ONLY ONE GRANT TO THE SUPPORTED ORGANIZATION WAS MADE IN 2017. JAMES L CLAYTON SEE BELOW SEE BELOW false KEVIN CLAYTON SEE BELOW SEE BELOW false RAJA JUBRAN SEE BELOW SEE BELOW false SCHEDULE L, PART V SCHEDULE L, PART IV, COL (B) - RELATIONSHIP: JAMES L. CLAYTON OWNS 100% OF CLAYTON BANCORP, INC., WHICH OWNED CLAYTON BANK AND TRUST UNTIL SALE TO FIRSTBANK ON 8/1/2017. JAMES L. CLAYTON IS CHAIRMAN OF CLAYTON BANCORP AND WAS PRESIDENT/CEO OF CLAYTON BANK AND TRUST. KEVIN T. CLAYTON, AND RAJA J. JUBRAN ARE ON THE BOARD OF DIRECTORS OF CLAYTON BANCORP, INC. KEVIN T. CLAYTON AND RAJA J. JUBRAN WERE ON THE BOARD OF DIRECTORS OF CLAYTON BANK AND TRUST. SCHEDULE L, PART IV, COL (D) - DESCRIPTION: CLAYTON BANK AND TRUST/FIRSTBANK PROVIDES FIDUCIARY, SAFEKEEPING, AND INVESTMENT MANAGEMENT SERVICES TO CLAYTON FOUNDATION. SERVICES ARE PROVIDED AT A RATE BELOW FAIR MARKET VALUE. TOTAL FEES PAID TO CLAYTON BANK AND TRUST/FIRSTBANK BY THE FOUNDATION DURING 2017 TOTALED 61,424, OF WHICH 45,107 WAS PAID PRIOR TO 8/1/2017. FORM 990, PAGE 1, PART I, LINE 6 FIVE INDIVIDUALS SERVED IN 2017 AS VOLUNTEERS ON THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 2 JAMES L. CLAYTON KEVIN T. CLAYTON PRESIDENT DIRECTOR FAMILY RELATIONSHIP JAMES L. CLAYTON KEVIN T. CLAYTON PRESIDENT DIRECTOR BUSINESS RELATIONSHIP JAMES L. CLAYTON RAJA J. JUBRAN PRESIDENT DIRECTOR BUSINESS RELATIONSHIP KEVIN T. CLAYTON RAJA J. JUBRAN DIRECTOR DIRECTOR BUSINESS RELATIONSHIP KEVIN WILDER JAMES CLAYTON SECRETARY PRESIDENT BUSINESS RELATIONSHIP KEVIN WILDER KEVIN T. CLAYTON SECRETARY DIRECTOR BUSINESS RELATIONSHIP KEVIN WILDER RAJA J, JUBRAN SECRETARY DIRECTOR BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 8B BOARD HAS NO COMMITTEES. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE VICE PRESIDENT OF EAST TENNESSEE FOUNDATION REVIEWS THE FORM 990. MICHELL WITT, INTERIM MANAGING DIRECTOR FOR THE CLAYTON FAMILY FOUNDATION AND THE CLAYTON FOUNDATION, AND KEVIN WILDER, SECRETARY FOR THE CLAYTON FOUNDATION, ALSO REVIEW THE FORM AND FORWARD A COPY TO ALL BOARD MEMBERS VIA EMAIL. THE FORM IS ALSO SENT TO THE PRESIDENT OF CLAYTON FOUNDATION FOR HIS REVIEW AND SIGNATURE. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND DIRECTORS ARE ASKED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS KEPT ON FILE. OFFICERS AND DIRECTORS WITH A CONFLICT OF INTEREST ON AN ISSUE ON A MEETING AGENDA ARE ASKED TO DISCLOSE THE CONFLICT AT THE MEETING AND TO RECUSE THEMSELVES FROM PARTICIPATION IN DISCUSSION AND VOTING ON THAT ITEM; SUCH RECUSALS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. EAST TENNESSEE FOUNDATION 520 W SUMMIT HILL DR SUITE 1101 KNOXVILLE TN 37902 620807696 CHARITABLE TN 501C3 8 NA false false true false false false false false false false false false false true false false false false false false