The Gamble Family Foundation

PHILADELPHIA, PA EIN: 56-2396653

The Gamble Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $277K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$277K

+16.6% YoY

Annual Giving

$4K

-45.2% YoY

Grant Count

-40.0% YoY

Avg Grant Size

$1K

-8.6% YoY

Under IRS private-foundation payout rules, The Gamble Family Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gamble Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with The Gamble Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $24K (91%)

New York $3K (9%)

States

New York Pennsylvania

Cities

Drexel HillNew York CityPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$276,954	$237,467	$197,925
Revenue	$8,040	$30,523	$3,910
Expenses	$6,045	$10,519	$11,639
Qualifying Distributions	$4,250	$7,750	$10,000
Net Investment Income	$8,040	$5,501	$3,815
Distributable Amount	$12,556	$10,493	$10,232

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Universal Companies ($2,500), Healthy Newsworks ($1,000), Universal Audenried Charter School ($750).

Recipient	Purpose	Amount
HEALTHY NEWSWORKS DREXEL HILL, PA	EDUCATIONAL AND REBUILDING PROGRAMS	$1,000
UNIVERSAL COMPANIES PHILADELPHIA, PA	EDUCATIONAL AND REBUILDING PROGRAMS	$2,500
UNIVERSAL AUDENRIED CHARTER SCHOOL PHILADELPHIA, PA	EDUCATIONAL AND REBUILDING PROGRAMS	$750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KENNETH GAMBLE	TRUSTEE	5	—
FAATIMAH GAMBLE	TRUSTEE	20	—
CALIPH ISHMAEL GAMBLE	TRUSTEE	0.5	—
IDIA GAMBLE	TRUSTEE	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Gamble Family Foundation?

The Gamble Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $277K in total assets as of 2024.

How large is The Gamble Family Foundation?

As of 2024, The Gamble Family Foundation holds $277K in total assets with $8K in annual revenue. It awarded 3 grants totaling $4K in 2024.

Where does The Gamble Family Foundation operate?

The Gamble Family Foundation has awarded grants in New York, Pennsylvania.

What size grants does The Gamble Family Foundation award?

In 2024, The Gamble Family Foundation awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Gamble Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gamble Family Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.