Debs and Vernelle Gamblin Foundation
Debs and Vernelle Gamblin Foundation is a private foundation, based in Salado, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 5 grants totaling $3K. Net investment income was $4K.
Debs and Vernelle Gamblin Foundation at a glance
In short: Debs and Vernelle Gamblin Foundation gave $3K across 5 grants in 2024 (avg $600), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,000
- +20.0% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $600
- -28.0% vs 2023
- Median grant
- $500
- Total assets
- $41,698
- +2.4% vs 2023
- Primary geography
- Texas (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Debs and Vernelle Gamblin Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was John Hagie Ministries ($1K). Together the top 5 received $3K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Debs and Vernelle Gamblin Foundation gives
- Giving held roughly steady from 2021 to 2024 (−14%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3K (2023) to $4K (2020). In 2024 it made 5 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| John Hagie Ministries San Antonio, TX | Charitable | $1,000 |
| Cal Farleys Boys Ranch Amarillo, TX | Charitable | $500 |
| Jentezen Franklin Ministries Gainesville, GA | Charitable | $500 |
| Larry Hugh Ministries Bedford, TX | Charitable | $500 |
| St Jude Research Hospital Memphis, TN | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $41,698 | $4,590 | $3,593 | $3,000 | 5 | $3,000 | $3,997 |
| 2023 | $40,701 | $3,701 | $3,085 | $2,500 | 3 | $2,500 | $3,116 |
| 2022 | $40,084 | $2,534 | $3,087 | $3,000 | 3 | $3,000 | $2,534 |
| 2021 | $40,637 | $6,259 | $3,544 | $3,500 | 2 | $3,500 | $6,259 |
| 2020 | $38,098 | $2,294 | $4,306 | $3,685 | 3 | — | $2,294 |
Leadership & Key People
Officers and directors from IRS filings
Debs and Vernelle Gamblin Foundation is led by Debs Gamblin, President & Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Debs Gamblin
President & Director
On filings since 2020
2 hrs/week
No compensation reported
Vernelle Gamblin
Secretary & Director
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Debs and Vernelle Gamblin Foundation
How much does Debs and Vernelle Gamblin Foundation give each year?
Debs and Vernelle Gamblin Foundation gave $3K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3K across 3 grants.
What is Debs and Vernelle Gamblin Foundation's typical grant size?
Debs and Vernelle Gamblin Foundation's median grant in 2024 was $500, and its average grant was $600, across 5 grants on its 2024 IRS Form 990-PF.
Where does Debs and Vernelle Gamblin Foundation give grants?
Debs and Vernelle Gamblin Foundation gives mostly in Texas: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Georgia (17%) and Tennessee (17%).
Does Debs and Vernelle Gamblin Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Debs and Vernelle Gamblin Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants).
Who are Debs and Vernelle Gamblin Foundation's largest grantees?
Debs and Vernelle Gamblin Foundation's largest 2024 grantees include John Hagie Ministries ($1,000), Cal Farleys Boys Ranch ($500) and Jentezen Franklin Ministries ($500), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How large is Debs and Vernelle Gamblin Foundation?
Debs and Vernelle Gamblin Foundation reported $42K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $5K.
What is Debs and Vernelle Gamblin Foundation's EIN?
Debs and Vernelle Gamblin Foundation's EIN (Employer Identification Number) is 74-2829931. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Debs and Vernelle Gamblin Foundation funds
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