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Nonprofit · EIN 20-6372471

THE GAMBLE SCHOLARS TRUST

Tax-exempt · BOSTON, MA 02110

Financials

$2K$6562024
Revenue Expenses · by fiscal year end
Financials of THE GAMBLE SCHOLARS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,327$656$1,671$144,022$0$144,022
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$2,327
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$300
Management and general (functional)
$656

Balance sheet and other

Total assets, start of year
$121,917
Total assets, end of year
$144,022
Total liabilities, end of year
$0
Net assets, end of year
$144,022
Publicly traded securities
$134,985
Gross receipts
$2,327
Employees
0
Volunteers
8
Year formed
2024
State of legal domicile
MA

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

NameTitleHours / weekCompensation
GAIL MORRISONTRUSTEE
Trustee or director
1$0
KATIA MAGALIE APOLLONTRUSTEE
Trustee or director
1$0
REBECCA BROWNTRUSTEE
Trustee or director
1$0
MARY BRECKINRIDGE GARZATRUSTEE
Trustee or director
1$0
DAVID BOITTRUSTEE
Trustee or director
1$0
WALTER GAMBLETRUSTEE
Trustee or director
1$0
ANNE GAMBLETRUSTEE
Trustee or director
1$0
JEFFREY KOMISAROFTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
LORING WOLCOTT 230 CONGRESS STREET, BOSTON, MA 02110-0000
In care of
% C-F DAVID BOIT TRUSTEE
Principal officer (990 for 2024)
DAVID BOIT, LORING WOLCOTT 230 CONGRESS STREET, BOSTON, MA 02110
Signed the 990
DAVID BOIT, TRUSTEE
Phone
(617) 570-1787
Return prepared by
AAFCPAS INC

Mission

THE GAMBLE SCHOLARS TRUST IS A MASSACHUSETTS TRUST AND IS ORGANIZED AND SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TRUST'S PRINCIPAL PURPOSES AND ACTIVITIES ARE TO PROVIDE SUPPORT TO, PERFORM FUNCTIONS OF AND CARRY OUT THE PURPOSES OF THE UNIVERSITY OF PENNSYLVANIA IN CONNECTION WITH THE UNIVERSITY OF PENNSYLVANIA SCHOOL OF MEDICINE.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
20-6372471
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III non-functionally integrated
Donations deductible (Pub 78)
Non-functionally integrated Type III supporting organization
Exempt since
2024
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$144,022
Income (IRS master file)
$2,327

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,327$656$144,022IRS

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 20-6372471).

Questions about THE GAMBLE SCHOLARS TRUST

What is the EIN of THE GAMBLE SCHOLARS TRUST?
The employer identification number (EIN) of THE GAMBLE SCHOLARS TRUST is 20-6372471.
Is THE GAMBLE SCHOLARS TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to THE GAMBLE SCHOLARS TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Non-functionally integrated Type III supporting organization).
Which annual return does THE GAMBLE SCHOLARS TRUST file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of THE GAMBLE SCHOLARS TRUST 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 THE GAMBLE SCHOLARS TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE GAMBLE SCHOLARS TRUST?
The 990 for the year ended December 31, 2024 names DAVID BOIT.
Who are the officers and directors of THE GAMBLE SCHOLARS TRUST?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does THE GAMBLE SCHOLARS TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,327, expenses of $656 and total assets of $144,022 at year end.

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