Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,782,222J 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 right arrow.............
3 Interest on savings and temporary cash investments 2,845 2,845  
4 Dividends and interest from securities... 38,076 38,076  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 52,596
b Gross sales price for all assets on line 6a 444,558
7 Capital gain net income (from Part IV, line 2)... 52,500
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)....... Click to see attachment
List of Attached Documents:
// Content
33 33  
12 Total. Add lines 1 through 11........ 93,550 93,454  
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
List of Attached Documents:
// Content
14,955 14,955    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,083 383    
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
List of Attached Documents:
// Content
11,881 23   11,858
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,919 15,361   11,858
25 Contributions, gifts, grants paid....... 75,950 75,950
26 Total expenses and disbursements. Add lines 24 and 25 103,869 15,361   87,808
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,319
b Net investment income (if negative, enter -0-) 78,093
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 149,424 173,229 173,229
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 1,411,367 Click to see attachment
List of Attached Documents:
// Content
1,377,243 		1,608,993
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,560,791 1,550,472 1,782,222
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 1,560,791 1,550,472
29 Total net assets or fund balances (see instructions)..... 1,560,791 1,550,472
30 Total liabilities and net assets/fund balances (see instructions). 1,560,791 1,550,472
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,560,791
2
Enter amount from Part I, line 27a .....................
2
-10,319
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,550,472
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,550,472
Form 990-PF (2023)
Form 990-PF (2023)
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 444,558   392,058 52,500
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       52,500
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 52,500
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
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,085
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 1,085
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 1,085
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 902
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 200
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,102
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 17
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow17 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNJ
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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.............right arrow  
Part VIII-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 VIII-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.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
1,568,568
b
Average of monthly cash balances.......................
1b
159,366
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,727,934
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
1,727,934
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
25,919
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,702,015
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
85,101
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
85,101
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,085
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,085
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
84,016
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
84,016
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
84,016
Part XI
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
87,808
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
87,808
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 84,016
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 84,648
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 87,808
a Applied to 2022, but not more than line 2a 84,648
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 2023 distributable amount..... 3,160
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		80,856
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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

ALL HANDS AND HEARTS SMART RESPONSE INC

82 COUNTY RD PMB 79
MATTAPOISETT,MA02739 		N/A PC General & Unrestricted 500

ALLAIRE COMM FARM A NJ NONPROFIT CORPORATION

1923 BAILEYS CORNER RD
WALL TOWNSHIP,NJ07719 		N/A PC General & Unrestricted 2,500

CALIFON FIRE COMPANY

PO BOX 178
CALIFON,NJ07830 		N/A PC General & Unrestricted 1,000

CALIFON FIRST AID SQUAD

PO BOX 253
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 500

COMMUNITY FOUNDATIONS OF THE HUDSON VALLEY

25 VAN WAGNER RD STE 2
POUGHKEEPSIE,NY12603 		N/A PC JDM Fund for Mitochondrial research 500

FOUNDATION FOR MORRISTOWN MEDICAL CENTER

475 S ST FIRST FL
MORRISTOWN,NJ07960 		N/A PC General & Unrestricted 2,500

HUNTERDON HEALTHCARE FOUNDATION

9100 WESCOTT DR STE 202
FLEMINGTON,NJ08822 		N/A PC General & Unrestricted 1,500

JEWISH SENIOR LIFE FOUNDATION INC

2021 WINTON ROAD S
ROCHESTER,NY14618 		N/A PC General & Unrestricted 1,000

LEBANON TOWNSHIP MEMORIAL PARK INC

530 W HILL RD
GLEN GARDNER,NJ08826 		N/A PC To assist with the maintenance of the areas around the playground, and garden 1,200

LEBANON TOWNSHIP VOLUNTEER FIRE DEPARTMENT

532 W HILL ROAD
GLEN GARDNER,NJ08826 		N/A PC General & Unrestricted 1,000

LIFE CHOICES INC

411 S MAIN ST
ALPHA,NJ08865 		N/A PC General & Unrestricted 5,000

LOWER VALLEY PRESBYTERIAN CHURCH

445 RTE 513
CALIFON,NJ07830 		N/A PC General & Unrestricted 18,000

MAINE SEACOAST MISSION

6 OLD FIREHOUSE LN
NORTHEAST HARBOR,ME04662 		N/A PC General & Unrestricted 1,000

MARINE CORPS HERITAGE FOUNDATION

1775 SEMPER FIDELIS WAY
TRIANGLE,VA22172 		N/A PC General & Unrestricted 2,000

MORAVIAN UNIVERSITY

1200 MAIN ST
BETHLEHEM,PA18018 		N/A PC General & Unrestricted 5,000

NATIONAL DISASTER SEARCH DOG FOUNDATION INC

6800 WHEELER CANYON RD
SANTA PAULA,CA93060 		N/A PC General & Unrestricted 500

NATIONAL WILDLIFE FEDERATION

11100 WILDLIFE CENTER DR
RESTON,VA20190 		N/A PC General & Unrestricted 500

OPEN CUPBOARD FOOD PANTRY INC

PO BOX 5071
CLINTON,NJ08809 		N/A PC General & Unrestricted 18,000

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS IN

701 OKEECHOBEE BLVD
WEST PALM BCH,FL33401 		N/A PC General & Unrestricted 1,000

SAINT BARNABAS HEALTH CARE SYSTEM FOUNDATION INC

95 OLD SHORT HILLS RD
WEST ORANGE,NJ07052 		N/A PC Cooperman Barnabas Medical Center 1,000

STEPHENS PLACE

729 RIDGE ST
BETHLEHEM,PA18015 		N/A PC General & Unrestricted 250

THE ROYAL POINCIANA CHAPEL INC

60 COCOANUT ROW
PALM BEACH,FL33480 		N/A PC General & Unrestricted 2,000

THE SALVATION ARMY

4 GARY RD
UNION,NJ07083 		N/A PC General & Unrestricted 1,000

THE SEEING EYE INC

PO BOX 375
MORRISTOWN,NJ07963 		N/A PC Double the Impact Campaign 1,500

URBAN YOUTH IMPACT INC

2823 N AUSTRALIAN AVE
WEST PALM BCH,FL33407 		N/A PC General & Unrestricted 1,000

VET R E S T

10940 SW BARNES RD 133
PORTLAND,OR97225 		N/A PC New Jersey Chapter 5,000
Total .................................right arrow 3a 75,950
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 2,845  
4 Dividends and interest from securities ....     14 38,076  
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 52,596  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 33  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   93,550  
13Total. Add line 12, columns (b), (d), and (e)..................
13
93,550
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


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Software Version:  


Form 990PF - Special Condition Description:
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TY 2023 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 2023 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
ABB ORD SHS 1,233 2,376
ABBOTT LABS 465 991
ABBVIE INC 2,513 4,184
ABERDEEN BLOOMBERG ALL COMMODI 5,316 3,833
ADIDAS-SALOMON AG OR OTC 592 609
ADOBE SYSTEMS, INC 2,463 4,176
AIA GROUP 1,845 1,839
AIR PRODS & CHEM INC 2,980 3,286
AIRBUS GROUP SE 1,185 1,520
ALCON INC 1,665 2,187
ALIBABA GROUP HOLDING LTD 2,052 930
ALPHABET INC CL A 771 3,911
ALPHABET INC CL C 1,286 3,382
AMADEUS IT HOLDINGS SA 1,329 1,611
AMAZON COM 3,704 6,533
AMERICA MOVIL SA 513 519
AMERIPRISE FINANCIAL INC 1,372 3,039
AMGEN INC 2,946 3,456
ANHEUSER BUSCH INBEV SA NV SHS 1,187 1,092
ANSYS INC 2,471 3,266
AQR DIVERSIFIED ARB I 28,491 29,182
AQR LONG-SHORT EQUITY FUND CLA 29,182 29,293
ASG MANAGED FUTURES STRATEGY F 32,310 28,899
ASML HLDG NV ORD SHS 2,441 3,012
ASSA ABLOY AB 354 528
ASTRAZENECA PLC ORD 1,601 2,838
ATMOS ENERGY CORP 2,313 2,550
AUTODESK, INC 4,199 6,330
AUTOMATIC DATA PROCESSING INC 1,488 2,097
B&M EUROPEAN VALUE RETAIL 579 480
BEIGENE LTD 421 361
BHP BLT FPO 481 563
BLACKROCK EVENT DRIVEN EQUITY 28,424 29,124
BLOCK INC 2,038 1,470
BOEING CO 4,486 6,777
BP PLC 1,041 1,002
BRITISH AMERICAN TOBACCO 1,655 1,317
BROADCOM INC 1,957 5,581
CALAMOS MARKET NEUTRAL FD CL I 27,779 29,201
CANADIAN NATL RAILWAY CO 891 1,005
CAPGEMINI SE 1,106 1,238
CAPITAL ONE FINANCIAL CORP 2,218 2,885
CARLSBERG A/S 1,272 1,235
CATALYST MILLBURN HEDGE STRATE 30,430 29,131
CHEVRON CORP 2,930 3,431
CIE FINANCIERE RICH 292 406
CISCO SYSTEMS INC 1,252 1,819
CME GROUP, INC 632 632
COMMERCE BANCSHARES, INC 1,388 1,335
CONSTELLATION BRANDS INC 1,882 1,934
CORNING INC 1,524 1,218
CORTEVA INC 1,715 3,019
COTERRA ENERGY INC 1,397 2,220
CROWN CASTLE INTL 2,590 1,843
CULLEN FROST BANKERS INC 1,463 1,736
DAIICHI SANKYO COMPANY, LIMITE 783 852
DAIKIN INDUSTRIES FIRST SECTIO 957 790
DANAHER CORP 1,448 2,313
DASSAULT SYSTEMES S 522 635
DB X TRACKERS MSCI EAFE HEDGED 5,041 4,992
DBS GROUP HLDGS LTD. SPON ADR 1,073 1,347
DEERE CO 283 800
DELL TECHNOLOGIES INC CLASS C 504 536
DNB BANK 979 1,085
DOUBLELINE TOTAL RETURN BOND 76,204 68,388
DSV 319 694
EATON CORP PLC 1,731 3,131
ECOLAB INC 2,728 2,380
ELI LILLY & CO 967 4,663
ENGIE SA 1,153 1,404
EPIROC AB CL A 1,547 1,485
EQUITY LIFESTYLE PRP 1,969 1,975
ESSILOR INTL 1,386 1,992
EVERSOURCE ENERGYINC 995 741
EXPEDITORS INTL WASH INC 1,033 1,908
EXXON MOBIL CORP 1,018 900
FACTSET RESH SYST INC 853 1,908
FASTENAL COMPANY 612 712
FEDERATED INSTI HIGH YIELD BD 15,186 15,083
FLEXSHARES STOXX GLOBAL BROAD 3,034 3,317
FUJITSU ORD SHS 912 883
GEN DYNAMICS CP 1,656 2,337
GENMAB AS 1,045 1,263
GIVAUDAN SA UNSP/ADR 1,054 1,579
GLOBAL X MLP & ENERGY INFRASTR 2,569 3,168
GOTHAM ABSOLUTE RETURN FUND 26,710 29,182
GROUPE DANONE 785 841
HDFC BANK LTD ADR 1,381 1,409
HERMES INTL S A 551 2,119
HITACHI CORP 6501 626 721
HOME DEPOT INC 1,530 2,772
HONEYWELL INTL 2,781 2,517
HONG KONG EXCHANGE & CLEARING 296 172
IBERDROLA SA 46 819
ILLINOIS TOOL WORKS 1,247 1,834
ILLUMINA INC COM 2,707 1,532
IMPERIAL BRANDS PLC 750 731
INDITEX 796 1,560
INTUITIVE SURGICAL 689 1,349
INVESCO S&P GLOBAL WATER INDEX 2,663 3,393
INVESCO TAXABLE MUNICIPAL BOND 49,695 45,746
ISHARES CORE MSCI EAFE ETF 18,936 21,105
ISHARES EDGE MSCI INTL MOMENTU 5,578 6,206
ISHARES EDGE MSCI INTL QUALITY 10,711 12,620
ISHARES EDGE MSCI USA SIZE FAC 22,136 31,121
ISHARES GOLD TR 12,545 17,173
ISHARES MSCI CANADA INDEX FD 7,342 8,767
ISHARES MSCI EMERGING MARKETS 11,959 11,359
ISHARES MSCI EMG MKTS SMALL CA 2,351 2,428
ISHARES MSCI GLBL SEL MTLS & M 2,923 3,273
ISHARES MSCI INDIA ETF 1,162 1,318
ISHARES MSCI USA MIN VOLATILIT 13,919 16,854
ISHARES MSCI USA MOMENTUM FACT 7,350 10,355
ISHARES MSCI USA QUALITY FACTO 22,534 41,199
ISHARES MSCI-JAPAN 7,978 8,723
ISHARES RUSSELL TOP 200 ETF 20,296 34,412
ISHARES S&P GLOBAL TIMBER & FO 1,649 2,033
ISHARES TRUST - ISHARES S&P GL 3,850 3,207
ISHARES ULTRA SHORT TERM BOND 46,429 46,582
ITOCHU CORP ORD 8001 954 974
JOHN HANCOCK DIVERSIFIED MACRO 26,515 26,071
JOHNSON CONTROLS INTERNATIONAL 554 461
KERING 1,488 1,322
KEURIG DR PEPPER INC 2,191 1,999
KEYENCE CORPORATION,FIRST SECT 902 1,308
KINDER MORGAN INC 872 864
KONINKLIJKE KPN NV 770 785
L'AIR LIQUIDE ORD EU 976 1,167
L'OREAL CO ACT 1,078 1,512
LENNAR CORP 1,677 3,875
LOCKHEED MARTIN CORP 1,579 2,266
LONDON STOCK EXCH LTD 1,491 2,601
LONZA GROUP AG 603 420
LORD ABBETT INV TR, LORD ABBET 10,506 10,784
LOWES COMPANIES INC 1,900 2,003
LVMH-MOET HNSY L VUTN 997 810
MARKET VECTORS AGRIBUSINESS ET 3,367 3,504
MARSH AND MCLENNAN COMPANIES I 1,715 2,842
MARTIN MARIETTA MATLS INC 1,870 3,492
MARUBENI CORP ORD 965 817
MCDONALD'S CORP 2,531 3,558
MEDTRONIC PLC 2,005 1,812
MERCADOLIBRE, INC 303 1,572
MERCK & CO INC 5,042 6,759
META PLATFORMS INC 3,759 9,203
MICHELIN CIE GEN UNSP/ADR 1,623 2,191
MICROCHIP TECHNOLOGY INC 1,968 3,246
MICROSOFT CORP 4,660 13,161
MITSUBISHI UFJ FINANCIAL GROUP 985 1,601
MONDELEZ INTERNATIONAL INC 3,417 4,201
MONSTER BEVERAGE CORP 1,739 3,572
MTU AERO ENGINES HOLDINGS AG 582 650
NESTLE SA CHAM ET VE OTC 1,369 1,506
NETEASE 614 468
NETFLIX INC 3,104 5,356
NEUBERGER BERMAN ALTRNTIVE FDS 26,127 29,249
NEXTERA ENERGY, INC 2,738 2,612
NICE SYSTEMS LTD 433 399
NIDEC CORPORATION NPV 533 323
NIPPON TEL & TEL 9432 JPY 1,135 1,150
NITORI HOLDINGS 1,160 793
NOKIA ORD SHS 595 349
NOMURA RESEARCH INSTITUTE LTD 819 873
NOVARTIS AG ADR 1,366 1,616
NOVO NORDISK A S 1,943 5,793
NVIDIA CORP 767 8,914
NXP SEMICONDUCTORS 1,068 1,148
ORACLE CORP 2,303 4,850
OSHKOSH CORP 1,741 1,626
PARKER HANNIFIN CP 1,619 3,686
PAYCHEX 1,067 1,429
PAYPAL HOLDINGS, INC 1,832 1,044
PEPSICO INC 2,317 3,736
PERMANENT PT 25,660 28,967
PHILLIPS 66 1,578 1,997
PIMCO INCOME FUND P CLASS 65,466 59,516
PNC FINANCIAL GROUP INC 4,520 5,420
PROCTER GAMBLE CO 5,305 5,715
PROLOGIS 1,903 2,399
QUALCOMM INC 3,461 6,364
RAYTHEON TECHNOLOGIES CORP 1,085 926
REAL ESTATE SELECT SECTOR SPDR 8,081 8,413
REALTY INCOME CORP 2,764 2,354
RECKITT BENCKISER 904 760
RECRUIT HOLDING CO LTD JPY 876 888
REGENERON PHARMACEUTICALS INC 1,245 2,635
REGIONS FINANCIAL CORP 545 523
RELX PLC 683 936
ROCHE HOLDING LTD ADR 1,368 1,232
RPM INTERNATIONAL INC 1,429 2,567
SAFRAN S.A. ORD SHS 1,766 2,642
SALESFORCE.COM 2,392 3,947
SANDOZ GROUP AG 71 96
SAP AG O.N 2,477 2,917
SCHWAB FUNDAMENTAL EM MARKETS 5,541 5,971
SCHWAB FUNDAMENTAL INTL LARGE 7,543 8,635
SCHWAB INTERMEDIATE US TRS ETF 67,535 66,823
SCHWAB US TIPS 7,700 7,360
SEI INVESTMENTS 1,120 1,462
SEMPRA ENERGY COM 2,171 2,690
SHIN ETSU CHEMICAL 1,017 1,679
SHOPIFY INC 1,836 2,882
SIKA AG 1,366 1,626
SMC CORP 990 1,075
SONY GROUP CORP 2,099 2,746
SPDR PORTFOLIO EMERGING MARKET 9,198 9,667
ST MICROELEC SIC 1,289 1,535
STARBUCKS CORP COM 4,319 4,801
STRAUMANN HLDG AG WALDENBURG 555 1,116
SYSCO CORP 2,257 1,975
TAIWAN SEMICONDUCTOR MFG CO LT 1,245 1,976
TELEDYNE TECH INC 2,013 2,231
TENCENT HOLDINGS LTD 1,179 867
TERUMO CORPORATION,FIRST SECTI 561 509
TESLA MOTORS INC 4,881 6,212
TEXAS INSTRUMENTS INC 1,923 2,557
TFI INTERNATIONAL 514 1,496
THE BLACKSTONE GROUP INC CL A 2,670 2,618
THE COCA-COLA CO 2,223 2,298
THERMO FISHER SCIENTIFIC INC 1,633 1,592
TOKYO ELECTRON NPV 798 1,067
TOTAL SA 2,667 3,016
TRAVELERS COMPANIES INC 2,177 2,286
TTDKF.PK 753 958
UNI CHARM CORP ORD F 492 551
UNITED OVERSEAS BANK 1,533 1,451
UNITED PARCEL SERVICE 2,243 1,730
US BANCORP 5,110 5,540
VANGARD RUSSELL 1000 GROWTH 29,498 49,074
VANGUARD DIVIDEND APPRECIATION 28,679 40,726
VANGUARD ENERGY ETF 3,249 4,457
VANGUARD FTSE EUROPEAN ETF 9,827 11,220
VANGUARD LG-CAP ETF 29,765 48,210
VANGUARD SHORT TERM CORPORATE 56,882 55,319
VANGUARD SM-CAP ETF 15,226 17,280
VANGUARD WORLD FUND ETF MEGA C 38,369 50,637
VERALTO CORPORATION 172 247
VERTEX PHARMCTLS INC 1,594 3,255
VISA INC 3,667 6,509
WALT DISNEY HOLDINGS CO 4,303 3,250
WEC ENERGY GROUP, INC 1,359 1,178
WILLIAMS COS 2,187 2,264
WISDOMTREE EMERGING MARKETS 10,702 9,704
WORKDAY INC 680 1,380
XCEL ENERGY INC 2,407 2,291
XYLEM INC 1,787 2,516
YUM BRANDS INC 929 1,307
YUM CHINA HOLDINGS INC 425 509

TY 2023 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 11,827     11,827
Bank Charges 23 23    
State or Local Filing Fees 31     31


TY 2023 OtherIncomeSchedule2
Name:
The Adam F and Judith H Ambielli Foundation
EIN:
26-0550690
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 33 33  


TY 2023 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 14,955 14,955    


TY 2023 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 2023 700      
Foreign Tax Paid 383 383