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Nonprofit · EIN 76-0009604

GALE FOUNDATION

Tax-exempt · RICHMOND, TX 77406

Financials

$320K$1.3M2022$280K$1.2M2023$241K$1.8M2024
Revenue Expenses · by fiscal year end
Financials of GALE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990-PF$241,322$1,818,408-$1,577,086$3,471,675$313$3,471,362
April 30, 2024990-PF$279,578$1,208,890-$929,312$5,048,448$0$5,048,448
April 30, 2023990-PF$320,278$1,301,569-$981,291$6,090,464$0$6,090,464
Financial details: 990-PF for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$260,304
Interest
$3,312
Net gain from sales of assets
-$22,294

Expenses

Grants and similar amounts paid
$1,750,000
Compensation of officers, directors and key employees
$67,246
Disbursements for charitable purposes
$1,750,000
Excise tax on investment income
$3,431

Balance sheet and other

Total assets, start of year
$5,048,448
Total assets, end of year
$3,471,675
Total liabilities, end of year
$313
Net assets, end of year
$3,471,362
Fair market value of assets
$3,452,057
Qualifying distributions
$1,750,000
Net investment income
$260,304

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-PF for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Edward Blum
3571 Far West Blvd 17, Austin, TX 78731
Trustee2$33,623
Richard Fisher
922 Bent Creek, Richmond, TX 77406
Trustee2$33,623
990-PF for the year ended April 30, 2024: 2 people
NameTitleHours / weekCompensation
Edward Blum
3571 Far West Blvd 17, Austin, TX 78731
Trustee2$41,080
Richard Fisher
922 Bent Creek, Richmond, TX 77406
Trustee2$41,080
990-PF for the year ended April 30, 2023: 2 people
NameTitleHours / weekCompensation
Edward Blum
3571 Far West Blvd 17, Austin, TX 78731
Trustee4$40,495
Richard Fisher
922 Bent Creek, Richmond, TX 77406
Trustee4$40,494

Address and contacts

Address (IRS master file)
922 BENT CREEK CT, RICHMOND, TX 77406-1209
Signed the 990-PF
Richard G Fisher, Co-Trustee
Phone
(281) 342-1932
Return prepared by
RICHARD G FISHER

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
76-0009604
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1982
Accounting year ends
April
Files
Form 990-PF
Assets (IRS master file)
$3,471,675
Income (IRS master file)
$2,041,813

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2025$241,322$1,818,408$3,471,675XML
990-PFApril 2024$279,578$1,208,890$5,048,448XML
990-PFApril 2023$320,278$1,301,569$6,090,464XML
990-PFApril 2022–––IRS
990-PFApril 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about GALE FOUNDATION

What is the EIN of GALE FOUNDATION?
The employer identification number (EIN) of GALE FOUNDATION is 76-0009604.
Is GALE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to GALE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GALE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GALE FOUNDATION due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GALE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2025.
Who are the officers and directors of GALE FOUNDATION?
The 990-PF for the year ended April 30, 2025 lists 2 people; 2 received compensation from the organization, the highest $33,623 (Edward Blum, Trustee).
How much revenue does GALE FOUNDATION have?
On its 990-PF for the year ended April 30, 2025 it reported revenue of $241,322, expenses of $1,818,408 and total assets of $3,471,675 at year end.

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