BETA

AMBRICO FAMILY FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
AMBRICO FAMILY FOUNDATION INC (EIN 59-3549946)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-10
IRS object ID
202143149349100349
Schema version
2020v4.0
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)
Return2021-11-10T09:24:43-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-11-04SignatureDt

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)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,235FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$61ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$115DividendsRevAndExpnssAmt
Dividends Net Invst Incm$115DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$2,175NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$19,705GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,175CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,351TotalRevAndExpnssAmt
Total Net Invst Incm$2,290TotalNetInvstIncmAmt
Taxes Rev And Expnss$61TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$61TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$2,290ExcessRevenueOverExpensesAmt
Net Investment Income$2,290NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,911CashBOYAmt
Sav And Temp Cash Invst EOY$4,694SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,694SavAndTempCashInvstEOYFMVAmt
Corporate Stock EOY$7,507CorporateStockEOYAmt
Corporate Stock EOYFMV$7,541CorporateStockEOYFMVAmt
Total Assets BOY$9,911TotalAssetsBOYAmt
Total Assets EOY$12,201TotalAssetsEOYAmt
Total Assets EOYFMV$12,235TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$9,911RetainedEarningBOYAmt
Retained Earning EOY$12,201RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$9,911TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,201TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,911TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,201TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,911TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$2,290ExcessRevenueOverExpensesAmt
Subtotal$12,201SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,201TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$19,705GrossSalesPriceAmt
Cost Or Other Basis$17,530CostOrOtherBasisAmt
Gain Or Loss$2,175GainOrLossAmt
Gains Minus Excess Or Losses$2,175GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$2,175CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$2,175NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$32InvestmentIncomeExciseTaxAmt
Subtotal$32SubtotalAmt
Tax Based On Investment Income$32TaxBasedOnInvestmentIncomeAmt
Tax Due$32TaxDueAmt

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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12016UndistributedIncomePY1Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
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$3,770AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,302AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$11,072TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$11,072AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$166CashDeemedCharitableAmt
Net Vl Noncharitable Assets$10,906NetVlNoncharitableAssetsAmt
Minimum Investment Return$545MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$545MinimumInvestmentReturnAmt
Tax Based On Investment Income$32TaxBasedOnInvestmentIncomeAmt
Total Tax$32TotalTaxAmt
Distributable Before Adj$513DistributableBeforeAdjAmt
Distributable Before Ded$513DistributableBeforeDedAmt
Distributable As Adjusted$513DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$513DistributableAsAdjustedAmt
Prior Year12013PriorYear1Yr
Total For Prior Years$622TotalForPriorYearsAmt
Excess Distribution Cyov Yr1$100ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$100TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$100ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$100ExcessDistributionCyovAppCYAmt
Prior Year Undistributed Incm$622PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$622PriorYearDeficiencyOrTaxAmt
Undistributed Income CY$413UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$115ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$2,175ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,290ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,290TotalIncomeProducingActyAmt

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 (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
APPLE INC COM$3,815$3,981
IDACORP INC$1,728$1,921
LUMINAR TECHNOLOGY INC COM CL A$676$680
OVERSTOCK.COM INC$1,288$959

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryLICENSECategoryTxt
Amt$61Amt

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