Adam F And Judith H Ambielli Foundation
- Assets
- $1.6m
- Revenue
- $93.6k
- Investments
- $1.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 26-0550690
Organization Overview
Adam F And Judith H Ambielli Foundation is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Adam F And Judith H Ambielli 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 12/2023, Adam F And Judith H Ambielli Foundation generated $93.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $103.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Adam F And Judith H Ambielli Foundation has awarded 151 individual grants totaling $456,350. 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 |
|---|---|---|---|
Adam F Ambielli Pres, Treas, Dir | 1 | $0 | |
Judith Ambielli Vp, Dir | 1 | $0 | |
Mara Axelrod Sec, Dir | 1 | $0 | |
Elizabeth Burns Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,845 |
| Dividends & Interest | $38,076 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,596 |
| Capital Gain Net Income | $52,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33 |
| Total Revenue | $93,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,083 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,881 |
| Total operating and administrative expenses | $27,919 |
| Contributions, gifts, grants paid | $75,950 |
| Total expenses and disbursements | $103,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,229 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,550,472 |
| 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, Adam F And Judith H Ambielli Foundation has awarded $75,950 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ALL HANDS AND HEARTS SMART RESPONSE INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
ALLAIRE COMM FARM A NJ NONPROFIT CORPORATION PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
CALIFON FIRE COMPANY PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
CALIFON FIRST AID SQUAD PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
CHILDRENS HOME OF EASTON PA PURPOSE: GENERAL & UNRESTRICTED | $500 |
COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY PURPOSE: JDM FUND FOR MITOCHONDRIAL RESEARCH | $500 |