Nonprofit · EIN 20-6372471
THE GAMBLE SCHOLARS TRUST
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL MORRISON | TRUSTEE Trustee or director | 1 | $0 |
| KATIA MAGALIE APOLLON | TRUSTEE Trustee or director | 1 | $0 |
| REBECCA BROWN | TRUSTEE Trustee or director | 1 | $0 |
| MARY BRECKINRIDGE GARZA | TRUSTEE Trustee or director | 1 | $0 |
| DAVID BOIT | TRUSTEE Trustee or director | 1 | $0 |
| WALTER GAMBLE | TRUSTEE Trustee or director | 1 | $0 |
| ANNE GAMBLE | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY KOMISAROF | TRUSTEE 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,327 | $656 | $144,022 | 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 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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