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AMT FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
AMT FOUNDATION (EIN 27-4363969)
Tax period
2018-12-01 to 2019-11-30
Filed
2020-10-15
IRS object ID
202012909349100306
Schema version
2018v3.1
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)
Return2020-10-15T23:27:05-07:00ReturnTs
Tax Period End2019-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN813490658PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DARCIA A STEBBENS CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15290 OVERPASS RD STE 213AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93111ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274363969EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMT FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMTFBusinessNameControlTxt
Phone7029488606PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12240 Meridian Blvd Suite AAddressLine1Txt
CityMindenCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89423ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPing LuoPersonNm
Person TitleCEOPersonTitleTxt
Phone7027488606PhoneNum
Signature2020-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDarcia A Stebbens CPAPreparerPersonNm
PTINP01052191PTIN
Phone8054524544PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-09-10 13:11:23ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,908,665FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$2,500InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,500InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2,500InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$2,500TotalRevAndExpnssAmt
Total Net Invst Incm$2,500TotalNetInvstIncmAmt
Total Adj Net Incm$2,500TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$15,397OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$15,397OtherProfFeesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$100,000DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$10,000TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$10,000TravConfMeetingDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$125,397TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$25,397TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$125,397TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,397TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$122,897ExcessRevenueOverExpensesAmt
Net Investment Income$2,500NetInvestmentIncomeAmt
Adjusted Net Income$2,500AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,022,770CashBOYAmt
Cash EOY$4,000,000CashEOYAmt
Cash EOYFMV$4,000,000CashEOYFMVAmt
Acct Rcvbl$7,000AcctRcvblAmt
Acct Rcvbl BOY$7,127AcctRcvblBOYAmt
Acct Rcvbl EOY$7,000AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$7,000AcctRcvblEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$259,414LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$252,827LandBldgEquipAccumDeprecAmt
Land BOY$106,587LandBOYAmt
Land EOY$6,587LandEOYAmt
Land EOYFMV$6,587LandEOYFMVAmt
Other Assets BOY$895,078OtherAssetsBOYAmt
Other Assets EOY$895,078OtherAssetsEOYAmt
Other Assets EOYFMV$895,078OtherAssetsEOYFMVAmt
Total Assets BOY$5,031,562TotalAssetsBOYAmt
Total Assets EOY$4,908,665TotalAssetsEOYAmt
Total Assets EOYFMV$4,908,665TotalAssetsEOYFMVAmt
Accounts Payable BOY$40,760AccountsPayableBOYAmt
Accounts Payable EOY$40,760AccountsPayableEOYAmt
Other Liabilities BOY$290,000OtherLiabilitiesBOYAmt
Other Liabilities EOY$290,000OtherLiabilitiesEOYAmt
Total Liabilities BOY$330,760TotalLiabilitiesBOYAmt
Total Liabilities EOY$330,760TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$4,700,802CapitalStockBOYAmt
Capital Stock EOY$4,577,905CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$4,700,802TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,577,905TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,031,562TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,908,665TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$4,700,802TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$122,897ExcessRevenueOverExpensesAmt
Subtotal$4,577,905SubtotalAmt
Tot Net Ast Or Fund Balances EOY$4,577,905TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$50InvestmentIncomeExciseTaxAmt
Subtotal$50SubtotalAmt
Tax Based On Investment Income$50TaxBasedOnInvestmentIncomeAmt
Tax Due$50TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityYes (true)OwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Ping LuoBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7029488606PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12240 Meridian Blvd Suite AAddressLine1Txt
CityMindenCityNm
State AbbreviationNVStateAbbreviationCd
ZIP89423ZIPCd
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 PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Ping Luo
2240 Meridian Blvd Suite AMindenNV89423CEO35.00$0
Franz Krispel
4387 Arrowwood CtConcordCA94501COO40.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Airshow, exhibition and aircraft maintenance, museum and education supportDescription1Txt
Expenses1$88,000Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,000,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,500,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,500,000TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$5,500,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$82,500CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,417,500NetVlNoncharitableAssetsAmt
Minimum Investment Return$270,875MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,397ExpensesAndContributionsAmt
Qualifying Distributions$25,397QualifyingDistributionsAmt
Adjusted Qualifying Distri$25,397AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$2,500CurrentYearAmt
Total$2,500TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$2,125CurrentYearAmt
Total$2,125TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$25,397CurrentYearAmt
Total$25,397TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$25,397CurrentYearAmt
Total$25,397TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$5,000,000CurrentYearAmt
Total$5,000,000TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,500ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,500ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,500TotalIncomeProducingActyAmt

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

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtEOYFMVEOYFMVAmtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
Auto./Transportation Equip.$6,587
Furniture and Fixtures$259,414$252,827$6,587

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescArtwork & CollectionDesc
BOY Book Value$895,078BOYBookValueAmt
EOY Book Value$895,078EOYBookValueAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescOther liabilitiesDesc
BOY Book Value$290,000BOYBookValueAmt
EOY Book Value$290,000EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryLegal and professionalCategoryTxt
Amt$15,397Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$15,397DisbursementsCharitablePrpsAmt

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