Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
The Adam F and Judith H Ambielli Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

26-0550690
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,621,786J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 772 772  
4 Dividends and interest from securities... 42,161 42,161  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 24,628
b Gross sales price for all assets on line 6a 625,843
7 Capital gain net income (from Part IV, line 2)... 24,628
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 67,561 67,561  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 15,919 15,919    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,543 676    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,866 46   12,820
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,328 16,641   12,820
25 Contributions, gifts, grants paid....... 73,500 73,500
26 Total expenses and disbursements. Add lines 24 and 25 104,828 16,641   86,320
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -37,267
b Net investment income (if negative, enter -0-) 50,920
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 196,919 192,004 192,004
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,430,995 Click to see attachment1,398,643 1,429,782
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,627,914 1,590,647 1,621,786
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,627,914 1,590,647
30 Total net assets or fund balances (see instructions)..... 1,627,914 1,590,647
31 Total liabilities and net assets/fund balances (see instructions). 1,627,914 1,590,647
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,627,914
2
Enter amount from Part I, line 27a .....................
2
-37,267
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,590,647
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,590,647
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 625,843   601,215 24,628
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       24,628
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 24,628
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 83,755 1,763,306 0.047499
2016 83,796 1,682,978 0.04979
2015 97,216 1,801,436 0.053966
2014 87,022 1,877,010 0.046362
2013 85,274 1,804,205 0.047264
2
Total of line 1, column (d) .....................
2
0.244881
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.048976
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,745,276
5
Multiply line 4 by line 3......................
5
85,477
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
509
7
Add lines 5 and 6........................
7
85,986
8
Enter qualifying distributions from Part XII, line 4,.............
8
86,320
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 509
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 509
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 509
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 900
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 900
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 391
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet391 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Adam F Ambielli Pres, Treas, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Judith Ambielli VP, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mara Axelrod Sec, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth Burns Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,607,386
    b
    Average of monthly cash balances.......................
    1b
    164,468
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,771,854
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,771,854
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    26,578
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,745,276
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    87,264
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    87,264
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    509
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    509
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    86,755
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    86,755
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    86,755
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    86,320
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    86,320
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    509
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    85,811
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 86,755
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 84,088
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 86,320
    a Applied to 2017, but not more than line 2a 84,088
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 2,232
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		84,523
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALLAIRE COMM FARM A NJ NONPROFIT CORPORATION
    1923 BAILEYS CORNER RD
    WALL TOWNSHIP,NJ07719     		N/A PC in support of a special needs farm Project 10,000
    CALIFON FIRE COMPANY
    PO BOX 178
    CALIFON,NJ07830     		N/A PC General & Unrestricted 1,000
    CHILDRENS HOME OF EASTON PA
    2000 S 25TH ST
    EASTON,PA18042     		N/A PC General & Unrestricted 4,000
    COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY
    80 WASHINGTON ST STE 201
    POUGHKEEPSIE,NY12601     		N/A PC JMD Fund for Mitochondrial Research 1,000
    FAIRY GODMOTHERS INC - FAIRY GODM OF GTR ROCHESTER
    3 SUNRISE PARK
    PITTSFORD,NY14534     		N/A PC General & Unrestricted 4,000
    FOUNDATION FOR MORRISTOWN MEDICAL CENTER
    475 S ST
    MORRISTOWN,NJ07960     		N/A PC General & Unrestricted 1,000
    JEWISH SENIOR LIFE FOUNDATION INC
    2021 WINTON RD S
    ROCHESTER,NY14618     		N/A PC General & Unrestricted 1,500
    LEBANON TOWNSHIP MEMORIAL PARK INC
    530 W HILL RD
    GLEN GARDNER,NJ08826     		N/A PC Patricia Schriver stage project fund 10,000
    LEBANON TOWNSHIP MEMORIAL PARK INC
    530 W HILL RD
    GLEN GARDNER,NJ08826     		N/A PC maintenance of the areas around the playground, garden, and statue 1,200
    LEBANON TOWNSHIP VOLUNTEER FIRE DEPARTMENT
    532 W HILL RD
    GLEN GARDNER,NJ08826     		N/A PC General & Unrestricted 1,000
    LIFE CHOICES INC
    411 S MAIN ST
    PHILLIPSBURG,NJ08865     		N/A PC General & Unrestricted 5,000
    LOWER VALLEY PRESBYTERIAN CHURCH
    445 RTE 513
    CALIFON,NJ07830     		N/A PC General & Unrestricted 5,000
    MARINE CORPS HERITAGE FOUNDATION
    18900 JEFFERSON DAVIS HWY
    TRIANGLE,VA22172     		N/A PC General & Unrestricted 2,500
    MORAVIAN COLLEGE
    1200 MAIN ST
    BETHLEHEM,PA18018     		N/A PC Moravian Theological Seminary 4,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER DR
    RESTON,VA20190     		N/A PC General & Unrestricted 1,000
    OPEN CUPBOARD FOOD PANTRY INC
    PO BOX 5071
    CLINTON,NJ08809     		N/A PC General & Unrestricted 16,800
    SAINT BARNABAS HEALTH CARE SYSTEM FOUNDATION INC
    95 OLD SHORT HILLS RD
    WEST ORANGE,NJ07052     		N/A PC General & Unrestricted 1,000
    THE SALVATION ARMY
    4 GARY RD
    UNION,NJ07083     		N/A PC Salvation Army for Hunterdon County 1,000
    THE SEEING EYE INC
    PO BOX 375
    MORRISTOWN,NJ07963     		N/A PC General & Unrestricted 1,000
    URBAN YOUTH IMPACT INC
    2823 N AUSTRALIAN AVE
    WEST PALM BCH,FL33407     		N/A PC General & Unrestricted 1,500
    Total .................................bullet 3a 73,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 772  
    4 Dividends and interest from securities....     14 42,161  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 24,628  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   67,561  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    67,561
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    The Adam F and Judith H Ambielli Foundation
    EIN:
    26-0550690
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Adam F and Judith H Ambielli Foundation
    EIN:
    26-0550690
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 993 2,096
    ABBOTT LABS 1,620 2,966
    AIA GROUP 5,611 5,407
    AIRBUS GROUP SE 4,476 3,665
    ALPHABET INC CL A 2,750 5,225
    ALTRIA GROUP INC 3,259 2,716
    AMCOR LTD ORD 669 595
    AMERICAN EXPRESS CO 2,128 2,955
    AMERISOURCEBERGEN CORP 2,767 2,455
    AMPHENOL CORPORATION 1,887 2,674
    AON PLC 1,597 1,454
    APPLE INC 3,251 5,048
    AQR EQUITY MRKT NEUTRAL FD CL 19,624 20,382
    ASAHI KASEI CORP 1,412 1,120
    ASML HLDG NV ORD SHS 3,347 2,619
    ASSA ABLOY AB 2,450 2,348
    ASSOCIATED BRITISH FOOD 1,038 816
    ASTRAZENECA PLC ORD 4,965 5,285
    AT&T, INC 3,142 2,540
    BECTON DICKINSON & CO 2,140 2,028
    BERKSHIRE HATHAWAY INC. CLASS 1,590 2,246
    BLACKROCK FLOATING RATE INCOME 23,501 22,472
    BLACKROCK STRAT INC OPP PORTFO 55,866 53,370
    BNP PARIBAS ACT.A 1,723 1,209
    BOOKING HOLDINGS INC 3,600 5,167
    BRENNTAG AG 1,428 1,080
    BROADRIDGE FINANCIAL 1,466 1,829
    CALAMOS MARKET NEUTRAL FD CL I 20,106 19,182
    CAMDEN PPTY TR 1,175 1,321
    CANADIAN NATL RAILWAY CO 1,047 963
    CARLSBERG A/S 4,004 3,495
    CARNIVAL CORP 2,888 2,810
    CATALYST MILLBURN HEDGE STRATE 19,826 19,406
    CERNER CORPORATION 2,892 2,674
    CHECK POINT SOFTWARE TECHNOLOG 2,158 2,156
    CHEVRON CORP 3,033 3,372
    CINEMARK HOLDINGS INC 4,118 3,902
    CISCO SYSTEMS INC 2,697 4,506
    COGNIZANT TECHNOLOGY SOLUTIONS 2,614 2,666
    CONOCOPHILLIPS 1,459 2,058
    CROWN CASTLE INTL 2,731 2,824
    CVS CAREMARK CORP 4,040 2,817
    DB X TRACKERS MSCI EMERGING MA 5,928 6,267
    DB X TRACKERS MSCI EUROPE HEDG 12,876 12,333
    DB X TRACKERS MSCI JAPAN HEDGE 12,377 11,798
    DBS GROUP HLDGS LTD. SPON ADR 1,635 1,486
    DENSO CORP LTD ORD 707 671
    DEUTSCHE BOERSE AG 960 834
    DIAGEO PLC 2,554 2,491
    DIAMOND HILL LONG SHORT FUND C 22,596 22,046
    DIAMOND OFFSHORE DRL 1,456 1,095
    DNB ASA 1,141 932
    DOLLAR TREE INC 3,518 4,155
    DOUBLELINE TOTAL RETURN BOND 35,266 33,886
    DOWDUPONT INC 1,650 1,925
    DSV 1,115 921
    EATON VANCE HIGH INCOME OPPORT 17,605 16,126
    EBAY INC 3,520 3,453
    ECOLAB INC 1,643 2,210
    ENEL-SOCIETA PER AZI 1,946 1,930
    ENSCO PLC 867 456
    ESSILOR INTL 4,154 3,654
    EVERGY, INC. 2,412 2,498
    EXELON CORPORATION 2,231 3,157
    EXXON MOBIL CORP 3,885 3,137
    FACEBOOK INC 7,503 6,423
    FASTENAL COMPANY 1,783 2,196
    FLEETCOR TECHNOLGIES INC 1,998 2,414
    FLEXSHARES STOXX GLOBAL BROAD 2,985 3,058
    FORTUNE BRANDS HOME & SECURITY 1,464 1,064
    FPA CRESCENT PORTFOLIO 23,445 21,727
    FRANKLIN CONVERTIBLE SCRTS FD 11,468 12,436
    FRANKLIN RES INC 2,706 1,958
    GATEWAY FUND CLASS Y 22,438 23,775
    GENMAB AS 1,459 1,447
    GIVAUDAN SA UNSP/ADR 1,111 1,111
    GLAXOSMITHKLINE PLC 4,009 3,706
    GLOBAL X MLP & ENERGY INFRASTR 10,115 9,072
    GOLDMAN SACHS ABSOLUTE RETURN 20,375 19,334
    GRIFOLS SA 978 826
    GROUPE DANONE 2,400 2,120
    HARTFORD FINANCIALSERVICES GRO 2,052 2,178
    HDFC BANK LTD ADR 2,225 2,175
    HERMES INTL S A 551 546
    HOME DEPOT INC 485 1,890
    HONDA MOTOR CO LTD 2,829 2,486
    HONEYWELL INTL 1,666 3,567
    HOYA CORP 1,731 1,695
    HUTCHINSON CHINA MEDITECH LTD 813 554
    IBERDROLA SA 2,156 2,139
    IMPERIAL BRANDS PLC 2,171 1,695
    INTERCONTL HOTELS GP PLC 1,236 1,080
    INTUIT 1,155 2,165
    INVESCO CLEANTECH ETF 1,756 2,208
    INVESCO S&P GLOBAL WATER INDEX 2,188 2,491
    ISHARES BARCLAYS SHORT TREASUR 8,164 8,162
    ISHARES CORE DIVIDEND GROWTH 32,431 34,175
    ISHARES CORE MSCI EAFE ETF 24,099 24,750
    ISHARES CORE MSCI EMERGING MAR 27,973 28,526
    ISHARES CORE MSCI TOTAL INTERN 16,071 15,496
    ISHARES CURRENCY HEDGED MSCI E 6,075 6,096
    ISHARES EDGE MSCI USA SIZE FAC 19,057 18,774
    ISHARES GOLD TRUST 12,067 12,905
    ISHARES MSCI CANADA INDEX FD 8,286 7,428
    ISHARES MSCI EAFE MINIMUM VOLA 9,706 9,666
    ISHARES MSCI EAFE SMALL CAP IN 6,202 6,218
    ISHARES MSCI EMERGING MARKETS 4,805 5,028
    ISHARES MSCI USA MIN VOLATILIT 12,232 14,672
    ISHARES MSCI USA MOMENTUM FACT 11,817 13,531
    ISHARES MSCI USA QUALITY 26,609 25,762
    ISHARES MSCI USA QUALITY FACTO 27,873 32,623
    ISHARES S&P 500 GROWTH INDEX F 25,841 32,394
    ISHARES S&P GLOBAL TIMBER & FO 1,949 2,000
    JARDINE MATHSON HOLDINGS LTD 2,914 3,242
    JOHNSON & JOHNSON 5,043 6,582
    JP MORGAN CHASE 2,352 4,198
    JP MORGAN STRATEGIC INCOME OPP 54,245 52,756
    KBC GROUP SA/NV SHS 1,249 1,006
    KERING 2,779 2,345
    KEYENCE CORPORATION,FIRST SECT 4,866 4,489
    KONINKLIJKE KPN NV 867 885
    KROGER CO 1,712 2,008
    KUBOTA LTD 6326 699 600
    L'AIR LIQUIDE ORD EU 768 737
    L'OREAL CO ACT 3,146 2,978
    LITTELFUSE, INC 2,526 2,229
    LOCKHEED MARTIN CORP 2,749 3,142
    LONDON STOCK EXCH LTD 3,454 2,990
    LOWES COMPANIES INC 4,203 4,987
    LVMH-MOET HNSY L VUTN 2,681 2,370
    MACK CALI RLTY CORP 879 823
    MARKEL CORP 1,859 2,076
    MARKET VECTORS - GOLD MINERS E 1,657 1,898
    MARKET VECTORS AGRIBUSINESS ET 2,233 2,561
    MASTERCARD INC 1,385 2,830
    MCDONALD'S CORP 1,974 3,374
    MCKESSON CORP 2,495 1,878
    MEDTRONIC PLC 5,508 6,276
    MERCADOLIBRE, INC 909 879
    MERCK & CO INC 2,421 3,286
    METROPOLITAN WEST RETURN BOND 55,845 54,484
    MICROSOFT CORP 1,581 5,180
    MIDDLEBY CORPORATION 2,018 1,849
    MOHAWK INDS INC 2,805 1,988
    MOLSON COOR BREW CO CL B 3,347 2,752
    MURATA MANUFACTURING 2,534 1,998
    NASPERS LTD N SPONS ADR 742 754
    NATIONAL GRID TRANSCO PLC 2,031 1,871
    NESTLE SA CHAM ET VE OTC 3,365 3,407
    NIDEC CORPORATION NPV 1,920 1,463
    NOVARTIS AG ADR 2,386 2,403
    NOVARTIS AG OTC 1,155 1,260
    NOVO NORDISK A S 2,643 2,119
    NOVO NORDISK A/S 4,976 4,710
    NTT DOCOMO INC 1,794 1,613
    NVIDIA CORP 1,342 1,202
    OCCIDENTAL PETROLEUM CORP 3,061 2,455
    PEPSICO INC 3,379 5,524
    PERNOD RICARD ORD 4,039 4,095
    PFIZER INC 2,363 3,579
    PHILLIPS 66 2,391 2,585
    PIMCO INCOME FUND P CLASS 55,825 53,592
    PNC FINANCIAL GROUP INC 4,849 6,547
    PPG INDUSTRIES INC 2,368 2,556
    PROCTER GAMBLE CO 4,407 5,515
    PROLOGIS 1,769 2,055
    PRUDENTIAL PLC ORD 2,377 1,788
    QUALCOMM INC 1,452 1,309
    RECKITT BENCKISER 766 681
    RELX PLC 898 830
    RIO TINTO PLC SPONSORED ADR 1,028 921
    ROBECO BOSTON PARTNERS LONG SH 19,982 22,226
    ROYAL DUTCH SHEL PLC SPONS ADR 2,453 2,038
    RYANAIR HOLDINGS PLC-ADR COM 1,019 642
    RYOHIN KEIKAKU CO 919 709
    S&P GLOBAL INC COM 2,814 2,379
    SAFRAN S.A. ORD SHS 5,332 5,243
    SAMPO INSURANCE COMPANY LTD OR 3,011 2,669
    SAMSONITE INTL SA 1,054 860
    SAP AG O.N 4,100 3,414
    SCHLUMBERGER LTD 3,209 1,984
    SCHWAB FUNDAMENTAL INTL LARGE 15,415 15,132
    SCHWAB US REIT 11,308 10,975
    SCHWAB US TIPS 13,053 12,780
    SEMPRA ENERGY COM 1,975 2,164
    SHERWIN-WILLIAMS CO 1,872 2,754
    SHIN ETSU CHEMICAL 1,289 1,071
    SIMON PPTY GROUP INC 774 1,008
    SMC CORP 3,367 2,960
    SOCIETE GENERALE SA 1,259 941
    SOFTBANK CORP ORD 2,716 2,347
    SONOVA HLDG AG 890 798
    SPDR S&P EMERGING ASIA PACIFIC 5,326 4,827
    SSE PLC 744 531
    SUNTRUST BKS INC 2,476 2,875
    SVENSKA HANDELSBANKE 1,692 1,566
    SYSCO CORP 1,250 2,444
    TAIWAN SEMICONDUCTOR MFG CO LT 3,905 4,245
    TARGET CORPORATION 2,423 2,644
    TEMPLETON GLOBAL BD 25,521 22,661
    THE COCA-COLA CO 2,312 3,457
    TJX COMPANIES INC 2,145 2,774
    TORCHMARK CORP 560 1,267
    TOTAL FINA ELF S.A 2,617 2,766
    TOTAL SA 1,201 979
    TRAVELERS COMPANIES INC 1,424 2,275
    UNI CHARM CORP ORD F 1,274 1,455
    UNION PACIFIC 4,342 5,667
    UNITED PARCEL SERVICE 3,647 3,316
    US BANCORP 2,735 3,428
    VANGUARD GLOBAL EX-US REAL EST 2,249 2,358
    VANGUARD MEGA CAP EFT 28,516 33,014
    VANGUARD MID-CAP VALUE INDEX 22,330 20,481
    VANGUARD TOTAL STOCK MARKET ET 37,025 42,756
    VERIZON COMMUNICATIONS 3,117 3,486
    WALT DISNEY HOLDINGS CO 2,744 2,741
    WELLS FARGO & CO 8,001 8,018
    WESTERN ALLIANCE BANCORPORATIO 2,457 1,659
    WESTERN ASSET MACRO OPPORTUNIT 20,807 20,401
    WISDOMTREE DYNAMIC LONG SHORT 12,064 12,023
    WYNN MACAU LTD 1,261 942

    TY 2018 OtherExpensesSchedule
    Name:
    The Adam F and Judith H Ambielli Foundation
    EIN:
    26-0550690
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 12,746     12,746
    Bank Charges 46 46    
    Office Supplies 48     48
    State or Local Filing Fees 26     26


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Adam F and Judith H Ambielli Foundation
    EIN:
    26-0550690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 15,919 15,919    


    TY 2018 TaxesSchedule
    Name:
    The Adam F and Judith H Ambielli Foundation
    EIN:
    26-0550690
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 900      
    990-PF Extension for 2017 967      
    Foreign Tax Paid 676 676