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AMBRICO FAMILY FOUNDATION INC: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
AMBRICO FAMILY FOUNDATION INC (EIN 59-3549946)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-11
IRS object ID
202341319349104194
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-11T16:01:23-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593549946EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMBRICO FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMBRBusinessNameControlTxt
Phone4073168900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 W COLONIAL DRIVE SUITE 305AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32804ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVINCENT J AMBRICOPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone4073168900PhoneNum
Signature2023-05-11SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVINCENT JPersonFirstNm
Person LastAMBRICOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,231FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$323ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$115DividendsRevAndExpnssAmt
Dividends Net Invst Incm$115DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,166NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$16,895GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,166CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,604TotalRevAndExpnssAmt
Total Net Invst Incm$1,281TotalNetInvstIncmAmt
Taxes Rev And Expnss$324TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$324TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,924TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,600TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$320ExcessRevenueOverExpensesAmt
Net Investment Income$1,281NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$10,508SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,792SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,792SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,280CorporateStockBOYAmt
Corporate Stock EOY$10,676CorporateStockEOYAmt
Corporate Stock EOYFMV$11,439CorporateStockEOYFMVAmt
Total Assets BOY$12,788TotalAssetsBOYAmt
Total Assets EOY$12,468TotalAssetsEOYAmt
Total Assets EOYFMV$13,231TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$12,788RetainedEarningBOYAmt
Retained Earning EOY$12,468RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,788TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,468TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,788TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,468TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,788TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$320ExcessRevenueOverExpensesAmt
Subtotal$12,468SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,468TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SEE ATTACHED - FIDELITY 2452P$15,391$14,716$675$675
SEE ATTACHED - FIDELITY 2452P$1,504$1,013$491$491
FieldValueIRS element (for citing)
Capital Gain Net Income$1,166CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$1,166NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$18InvestmentIncomeExciseTaxAmt
Subtotal$18SubtotalAmt
Tax Based On Investment Income$18TaxBasedOnInvestmentIncomeAmt
Tax Due$18TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksVINCENT J AMBRICOIndividualWithBooksNm
Phone4073168900PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1425 W COLONIAL DRIVE STE 305AddressLine1Txt
CityORLANDOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32804ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
VINCENT J AMBRICO
425 W COLONIAL DR STE 305ORLANDOFL32804DIRECTOR000.00$0$0$0
DANIEL AMBRICO
623 LARKFIELD RDE NORTHPORTNY11731DIRECTOR000.00$0$0$0
VINCENT AMBRICO
623 LARKFIELD RDE NORTHPORTNY11731DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$13,654AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,654TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$13,654AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$205CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,449NetVlNoncharitableAssetsAmt
Minimum Investment Return$672MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$672MinimumInvestmentReturnAmt
Tax Based On Investment Income$18TaxBasedOnInvestmentIncomeAmt
Total Tax$18TotalTaxAmt
Distributable Before Adj$654DistributableBeforeAdjAmt
Distributable Before Ded$654DistributableBeforeDedAmt
Distributable As Adjusted$654DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,600ExpensesAndContributionsAmt
Qualifying Distributions$1,600QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$654DistributableAsAdjustedAmt
Undistributed Income PY$637UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22016PriorYear2Yr
Prior Year32020PriorYear3Yr
Total For Prior Years$835TotalForPriorYearsAmt
Qualifying Distributions$1,600QualifyingDistributionsAmt
Applied To Year1$637AppliedToYear1Amt
Applied To Prior Years$835AppliedToPriorYearsAmt
Applied To Current Year$128AppliedToCurrentYearAmt
Undistributed Income CY$526UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF NOTRE DAMEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11100 GRACE HALLAddressLine1Txt
CityNOTRE DAMECityNm
State AbbreviationINStateAbbreviationCd
ZIP46556ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGIFTGrantOrContributionPurposeTxt
Amt$1,600Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$115ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,166ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,281ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,281TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
APPLE INC COM$631$520
ELLI LILLY AND CO$1,536$1,829
MARVELL TECHNOLOGY INC
CELSIUS HLDGS INC COM NEW$6,705$7,283
PEPSICO INC$1,804$1,807

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
LICENSE$61
TAXES$263

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