<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-06-13T13:27:48-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>421655494</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KM&amp;L LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>8 WEST WAY COURT</AddressLine1Txt>
        <CityNm>LAKE JACKSON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77566</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>746062601</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE GEORGE ROUNDS TRUST</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>GEOR</BusinessNameControlTxt>
      <PhoneNum>9793452591</PhoneNum>
      <USAddress>
        <AddressLine1Txt>617 MARSHALL ST</AddressLine1Txt>
        <CityNm>WEST COLUMBIA</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77486</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ROYCE ARNOLD</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <SignatureDt>2024-06-11</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>ROYCE</PersonFirstNm>
        <PersonLastNm>ARNOLD</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>KEVIN CADENHEAD</PreparerPersonNm>
      <PTIN>P00957773</PTIN>
      <PhoneNum>9792974075</PhoneNum>
      <PreparationDt>2024-06-11</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="3">
    <IRS990PF documentId="RetDoc3">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>120923</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>801</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>801</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>801</InterestOnSavingsAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>801</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>801</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>801</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">550</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>550</AccountingFeesChrtblPrpsAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2">821</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>807</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>1371</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1357</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1371</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1357</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-570</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>801</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>801</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>8466</CashBOYAmt>
        <CashEOYAmt>7096</CashEOYAmt>
        <CashEOYFMVAmt>7096</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>113027</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>113827</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>113827</SavAndTempCashInvstEOYFMVAmt>
        <TotalAssetsBOYAmt>121493</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>120923</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>120923</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>121493</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>120923</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>121493</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>120923</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>121493</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>120923</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>121493</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-570</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>120923</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>120923</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>11</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>11</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>11</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>11</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>ROYCE ARNOLD</IndividualWithBooksNm>
        <PhoneNum>9793452591</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>617 MARSHALL ST</AddressLine1Txt>
          <CityNm>WEST COLUMBIA</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77486</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2021</UndistributedIncomePY1Yr>
        <UndistributedIncomePY2Yr>2020</UndistributedIncomePY2Yr>
        <UndistributedIncomePY3Yr>2019</UndistributedIncomePY3Yr>
        <UndistrIncmSect4942a2NotAppInd>true</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROYCE ARNOLD</PersonNm>
          <USAddress>
            <AddressLine1Txt>617 MARSHALL</AddressLine1Txt>
            <CityNm>WEST COLUMBIA</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77486</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>CHARITABLE ACTIVITIES CONSISTED OF TAKING APPLICATIONS FOR SCHOLARSHIPS, REVIEWING APPLICATIONS, AND PROVIDING SCHOLARSHIPS OR DONATIONS.</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>8094</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>8094</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>8094</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>121</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7973</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>399</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>399</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>11</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>11</TotalTaxAmt>
        <DistributableBeforeAdjAmt>388</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>388</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>388</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1357</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1357</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>388</DistributableAsAdjustedAmt>
        <PriorYear1Yr>2021</PriorYear1Yr>
        <PriorYear2Yr>2020</PriorYear2Yr>
        <PriorYear3Yr>2019</PriorYear3Yr>
        <TotalForPriorYearsAmt>11024</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr4Amt>159</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>170</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>236</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>149</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>714</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1357</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>388</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>969</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1683</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>11024</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>11024</PriorYearDeficiencyOrTaxAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>1683</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>159</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>170</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>236</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>149</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>969</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ROYCE ARNOLD</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>617 MARSHALL ST</AddressLine1Txt>
            <CityNm>WEST COLUMBIA</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77486</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9793452591</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>FORMAL APPLICATIONS</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>WEST COLUMBIA, TEXAS AREA RESIDENTS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>801</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>801</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>801</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>550</Amt>
        <DisbursementsCharitablePrpsAmt>550</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>21</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SCHOLARSHIP</Desc>
        <RevenueAndExpensesPerBooksAmt>800</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>800</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
  </ReturnData>
</Return>
