Joseph D And Margit Ambersley Family Foundation
- Assets
- $314.4k
- Revenue
- $38.7k
- Investments
- $276.0k
- Employees
- 0
- Location
- Navarre, FL
- Founding
- 03/2001
- Data as of
- 02/2024
- EIN
- 16-6516760
Organization Overview
Joseph D And Margit Ambersley Family Foundation is located in Navarre, FL. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph D And Margit Ambersley Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2024, Joseph D And Margit Ambersley Family Foundation generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $36.4k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Joseph D And Margit Ambersley Family Foundation has awarded 97 individual grants totaling $378,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Ambersley Chairman | 0.25 | $0 | |
Joel Balistreri Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,753 |
| Capital Gain Net Income | $8,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,018 |
| Total operating and administrative expenses | $4,443 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $36,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,396 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $275,993 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $314,389 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joseph D And Margit Ambersley Family Foundation has awarded $32,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA DELTA FOUNDATION PURPOSE: UNRESTRICTED | $2,000 |
GLAZER CHILDREN'S MUSEUM PURPOSE: UNRESTRICTED | $1,000 |
PENSACOLA STATE COLLEGE FOUNDATION PURPOSE: UNRESTRICTED | $12,000 |
TAMPA METROPOLITAN YMCA PURPOSE: UNRESTRICTED | $1,500 |
UNIVERSITY OF WEST FLORIDA FOUNDATION PURPOSE: UNRESTRICTED | $13,000 |
ROOSEVELT ELEMENTARY SCHOOL PURPOSE: UNRESTRICTED | $2,500 |