Civic Intelligence

Gift Clearing Trust

990 • Fiscal year 2023 • EIN 37-6639232

Oct 01, 2022 to Sep 30, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
8910 Purdue Rd 500Indianapolis, IN 46268

(317) 757-3453

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

100th percentile

439%

Higher net margin than 100% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

1st percentile

-34%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Down

$138,504,712

Down $72,489,992 (-34%) from 2022

Net Assets

Down

$138,504,712

Down $72,489,992 (-34%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$14,719,854

Down $270,469,036 (-106%) from 2022

Expenses

Down

$49,915,138

Down $36,130,838 (-42%) from 2022

Net Income

Down

-$64,634,992

Down $234,338,198 (-138%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2017: $9,952,163Liabilities 2017: $0Net Assets 2017: $9,952,1632017Assets 2018: $337,944Liabilities 2018: $0Net Assets 2018: $337,9442018Assets 2019: $904,727Liabilities 2019: $0Net Assets 2019: $904,7272019Assets 2020: $10,524,383Liabilities 2020: $0Net Assets 2020: $10,524,3832020Assets 2021: $47,036,280Liabilities 2021: $0Net Assets 2021: $47,036,2802021Assets 2022: $210,994,704Liabilities 2022: $0Net Assets 2022: $210,994,7042022Assets 2023: $138,504,712Liabilities 2023: $0Net Assets 2023: $138,504,7122023Assets 2024: $145,831,757Liabilities 2024: $0Net Assets 2024: $145,831,7572024

Highlighted filing

2023

Assets$138,504,712
Liabilities$0
Net Assets$138,504,712
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MRevenue 2017: $24,484,512Expenses 2017: $14,532,349Net Income 2017: $9,952,1632017Revenue 2018: $63,615,998Expenses 2018: $73,230,217Net Income 2018: -$9,614,2192018Revenue 2019: $14,534,102Expenses 2019: $14,030,242Net Income 2019: $503,8602019Revenue 2020: $23,487,926Expenses 2020: $13,868,270Net Income 2020: $9,619,6562020Revenue 2021: $91,256,862Expenses 2021: $54,744,965Net Income 2021: $36,511,8972021Revenue 2022: $255,749,182Expenses 2022: $86,045,976Net Income 2022: $169,703,2062022Revenue 2023: -$14,719,854Expenses 2023: $49,915,138Net Income 2023: -$64,634,9922023Revenue 2024: $145,586,442Expenses 2024: $111,212,270Net Income 2024: $34,374,1722024

Highlighted filing

2023

Revenue-$14,719,854
Expenses$49,915,138
Net Income-$64,634,992
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Nov 13, 2024
Return Version
2022v5.0
Gross Receipts
$83,617,319
Mission and Program Overview

Mission

The trust accepts and liquidates contributions of complex assets on behalf of morgan stanley global impact funding trust inc. To support the fostering and promotion of philantrophy across the globe.

To support ms gift in fostering and promoting philanthropy across the globe.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$195,734,447$119,810,337▼ $75,924,110
Savings and Temporary Cash Investments$6,760,257$10,194,375▲ $3,434,118
Investments in Publicly Traded Securities$8,500,000$8,500,000→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors-$0-
Total Assets$210,994,704$138,504,712▼ $72,489,992
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$210,994,704$138,504,712▼ $72,489,992
Total Net Assets Fund Balance$210,994,704$138,504,712▼ $72,489,992
Total Liabilities and Net Assets / Fund Balance$210,994,704$138,504,712▼ $72,489,992

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$997,992--
Compensation and Service Providers
Top Officer Pay5th percentile

Board Members and Trustees

NameTitle
-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$30,268,061
Program Service Revenue
$0
Investment Income
$-44,987,915
Other Revenue
$0
All Other Contributions
$30,268,061
Change in Net Assets
$-64,634,992

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts29$28,090,069Market value
Real Estate Other2$2,177,992Market value
Total Noncash Contributions31$30,268,061-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$49,915,138
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$49,915,138--$49,915,138
Total Functional Expenses$49,915,138$0$0$49,915,138
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morgan Stanley Global Impact Funding Trust IncIndianapolis, IN501(c)(3)General Support$49,915,138
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The form 990 is prepared by the organization's independent tax accountant, ernst & young llp. A copy of the form 990 is then reviewed by a group of persons authorized to review financial matters, prior to the filing of the form 990 with the irs.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The organization enforces its conflict of interest policy by monitoring known relationships, reviewing questionnaires, and noting any changes to information disclosed. Any conflict is reviewed by the board of ms gift, a related entity, before a decision is made as to whether to approve the transaction.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization's governing documents, financial information, and conflict of interest policy are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Gift Clearing Trust
EIN
37-6639232
Phone
3177573453
Address
8910 PURDUE RD 500, INDIANAPOLIS, IN 46268

Signing Officer

Name
Melanie Schnoll-begun
Title
Institutional Trustee
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2016
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Ernst & Young US Llp
Address
ONE MANHATTAN WEST, NEW YORK, NY 10001-8604
Preparer
Yucen Zhong
Phone
2127733000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“adjustment to cost basis per books - -7855000;”

Raw XML AppendixShowing 400 of 419 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GainOrLossGrp/SecuritiesAmt0-47108521
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IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt049915138
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IRS990/GrantsToOrganizationsInd0true
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IRS990/LobbyingActivitiesInd0false
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MissionDesc0THE TRUST ACCEPTS AND LIQUIDATES CONTRIBUTIONS OF COMPLEX ASSETS ON BEHALF OF MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC. TO SUPPORT THE FOSTERING AND PROMOTION OF PHILANTHROPY ACROSS THE GLOBE.
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IRS990ScheduleD/OtherSecuritiesGrp/Desc2LLC INTEREST
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IRS990ScheduleD/OtherSecuritiesGrp/Desc5C CORP INTEREST
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IRS990ScheduleD/OtherSecuritiesGrp/Desc7REIT
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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
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IRS990ScheduleI/RecipientTable/RecipientEIN0527082731
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0C/O RENPSG
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt08910 PURDUE ROAD NO 500
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046268
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GIFT CLEARING TRUST ONLY GRANTS TO ITS SUPPORTED ORGANIZATION, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST, INC. ("MS GIFT"). IT DOES NOT MONITOR GRANTS TO MS GIFT SINCE IT OPERATES FOR THE EXCLUSIVE BENEFIT OF MS GIFT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt02
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0Market value
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt02177992
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/ContributionCnt029
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/MethodOfDeterminingRevenuesTxt0Market value
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NoncashContributionsRptF990Amt028090069
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HIRES RENPSG, AN UNRELATED THIRD PARTY ORGANIZATION, TO PROCESS AND LIQUIDATE ALL NONCASH CONTRIBUTIONS. RENPSG ENGAGES WITH REAL ESTATE AGENTS TO PERFORM THE SALE OF CERTAIN PROPERTY ASSETS, WHEN NECESSARY.
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt1Securities - Partnership, LLC, or trust interests - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED COLUMN (B) FOR LINE 11. Real estate - Other - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED COLUMN (B) FOR LINE 17.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule M, Part I Explanations of reporting method for number of contributions
IRS990ScheduleM/ThirdPartiesUsedInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT TAX ACCOUNTANT, ERNST & YOUNG LLP. A COPY OF THE FORM 990 IS THEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL MATTERS, PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ENFORCES ITS CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, REVIEWING QUESTIONNAIRES, AND NOTING ANY CHANGES TO INFORMATION DISCLOSED. ANY CONFLICT IS REVIEWED BY THE BOARD OF MS GIFT, A RELATED ENTITY, BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL INFORMATION, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3adjustment to cost basis per books - -7855000;
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9 Other changes in net assets or fund balances
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0GIFT CLEARING TRUST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GIFT CLEARING LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0471623736
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0138504711
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RECEIVE COMPLEX ASSETS
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-14719855
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt08910 PURDUE RD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine2Txt0500
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd046268
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0527082731
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOSTER AND PROMOTE PHILANTHROPY ACROSS THE GLOBE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0C/O RENPSG 8910 PURDUE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0NO 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046268
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0210994704
IRS990/TotalAssetsEOYAmt0138504712
IRS990/TotalAssetsGrp/BOYAmt0210994704
IRS990/TotalAssetsGrp/EOYAmt0138504712
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030268061
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt049915138
IRS990/TotalFunctionalExpensesGrp/TotalAmt049915138
IRS990/TotalGrossUBIAmt0110796
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0210994704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0138504712
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt049915138
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-45098711
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-14719854
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0110796
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0210994704
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0138504712
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08910 PURDUE RD 500
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046268
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELANIE SCHNOLL-BEGUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INSTITUTIONAL TRUSTEE
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GIFT CLEARING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GIFT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$138,504,712
Liabilities
$0
Net assets
$138,504,712
Revenue
-$14,719,854
Expenses
$49,915,138
Net income
-$64,634,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$146$0.00$146$146$111$34.4
2023Detailed filing. Detailed filing data is available for this year.$139$0.00$139$14.7$49.9$64.6
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$211$0.00$211$256$86.0$170
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.0$0.00$47.0$91.3$54.7$36.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$0.00$10.5$23.5$13.9$9.62
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$14.5$14.0$0.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$63.6$73.2$9.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.95$0.00$9.95$24.5$14.5$9.95