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Debs And Vernelle Gamblin Foundation is a private corporation based in SALADO, TX. The foundation received its IRS ruling in 1997. The principal officer is Roger Gamblin. It holds total assets of $42K. Annual income is reported at $5K. The foundation is governed by 2 officers and trustees. Support of charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Debs And Vernelle Gamblin Foundation has made 11 grants totaling $12K, with a median grant of $1K. Annual giving has decreased from $4K in 2021 to $3K in 2023. Grantmaking activity was highest in 2022 with $6K distributed across 6 grants. Individual grants have ranged from $100 to $3K, with an average award of $1K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$2K
Based on 3 grants from the most recent 990-PF filing.
Support of charitable organizations
Support of charitable organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in TX, SD.
Debs And Vernelle Gamblin Foundation has distributed a total of $12K across 11 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $100 to $3K.
Debs And Vernelle Gamblin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Debs And Vernelle Gamblin Foundation is headquartered in SALADO, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Debs Gamblin | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Vernelle Gamblin | SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$41K
Fair Market Value
$41K
Net Worth
$41K
Grants Paid
$3K
Contributions
$585
Net Investment Income
$3K
Distribution Amount
N/A
Total: $41K
Total Grants
11
Total Giving
$12K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Hagee MinistryCHARITABLE | San Antonio, TX | $2K | 2023 |
| Cal Farleys Boys RanchCHARITABLE | Amarillo, TX | $400 | 2023 |
| St Joseph Indian SchoolCHARITABLE | Chamberlain, SD | $100 | 2023 |
| Hagee MinistriesCHARITABLE | San Antonio, TX | $2K | 2022 |
| Tbn NetworksCHARITABLE | Fort Worth, TX | $1K | 2022 |
| Hager MinistriesCHARITABLE | San Antonio, TX | $3K | 2021 |
| Cal Farley'S Boys RanchCHARITABLE | Amarillo, TX | $500 | 2021 |