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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
Elizabeth Raymond Ambler Trust
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 7266
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilton, CT068977266
A Employer identification number

06-6473263
B Telephone number (see instructions)

(203) 493-1088
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$6,904,936J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 52,645 52,645  
5a Gross rents............ 164,910 164,910  
b Net rental income or (loss) 164,910
6a Net gain or (loss) from sale of assets not on line 10 155,356
b Gross sales price for all assets on line 6a 611,902
7 Capital gain net income (from Part IV, line 2)... 155,356
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........ 372,911 372,911  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 157,500 78,750   78,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,540 1,155   385
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
6,152 6,152   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,226 4,013   0
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
5,042 3,572   1,470
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 177,460 93,642   80,605
25 Contributions, gifts, grants paid....... 346,068 346,068
26 Total expenses and disbursements. Add lines 24 and 25 523,528 93,642   426,673
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -150,617
b Net investment income (if negative, enter -0-) 279,269
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 41,607 63,651 63,651
2 Savings and temporary cash investments......... 350,664 193,230 193,230
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.......... 552    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,706,965 Click to see attachment
List of Attached Documents:
// Content
2,692,290 		3,833,594
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow1,770,000
Less: accumulated depreciation (attach schedule) right arrow   1,770,000 Click to see attachment
List of Attached Documents:
// Content
1,770,000 		2,814,461
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow2,779
Less: accumulated depreciation (attach schedule) right arrow2,779      
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,869,788 4,719,171 6,904,936
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........ 7,675,503 7,675,503
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -2,805,715 -2,956,332
29 Total net assets or fund balances (see instructions)..... 4,869,788 4,719,171
30 Total liabilities and net assets/fund balances (see instructions). 4,869,788 4,719,171
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
4,869,788
2
Enter amount from Part I, line 27a .....................
2
-150,617
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,719,171
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,719,171
Form 990-PF (2024)
Form 990-PF (2024)
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 Davenport & Co LLC #DA1-594849 P    
b Davenport & Co LLC #DA2-054884 P    
c Davenport & Co LLC #DA2-054884 P    
d Capital Gains Dividends P    
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 410,489   410,489 0
b 11,229   10,398 831
c 49,835   35,659 14,176
d 140,349     140,349
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       0
b       831
c       14,176
d       140,349
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 2 155,356
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 3,882
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 0
3 Add lines 1 and 2........................... 3 3,882
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,882
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 15
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 497
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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 arrowCT
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 2024 or the taxable year beginning in 2024? 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 arrowwww.amblertrust.org
14
The books are in care ofright arrowThe Foundation Telephone no.right arrow (203) 493-1088

Located atright arrowPO Box 7266WiltonCT ZIP+4right arrow068977266
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 2024, 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 (2024)
Form 990-PF (2024)
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)
Yes
 
(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
 
No
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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)
Yes
 
(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
 
No
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
Reverend William L Sachs Trustee
10.00 		54,000 0 0
509 St Christophers Road
Richmond,VA23226
Dr David F Clune Trustee
10.00 		49,500 0 0
50 Middlebrook Farm Road
Wilton,CT06897
David K Clune Trustee
10.00 		54,000 0 0
87 Ridgefield Road
Wilton,CT06897
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
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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 arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
3,823,478
b
Average of monthly cash balances.......................
1b
269,211
c
Fair market value of all other assets (see instructions)................
1c
3,298,200
d
Total (add lines 1a, b, and c).........................
1d
7,390,889
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
50,000
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
7,390,889
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
110,863
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,280,026
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
364,001
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
364,001
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,882
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,882
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
360,119
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
360,119
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
360,119
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
426,673
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
426,673
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 360,119
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 212,291
c From 2021...... 144,020
d From 2022...... 151,249
e From 2023...... 175,216
f Total of lines 3a through e ........ 682,776
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 426,673
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 360,119
e Remaining amount distributed out of corpus 66,554
5 Excess distributions carryover applied to 2024. 0 0
(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 5 749,330
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		749,330
10 Analysis of line 9:
a Excess from 2020.... 212,291
b Excess from 2021.... 144,020
c Excess from 2022.... 151,249
d Excess from 2023.... 175,216
e Excess from 2024.... 66,554
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Elizabeth Raymond Ambler Trust
PO Box 7266
Wilton,CT06897
(203) 761-1150
bThe form in which applications should be submitted and information and materials they should include:
Must submit scholarship application form with required attachments including the Free Application for Federal Student Aid(FAFSA) and a copy of parent/guardian Federal Income tax return. For scholarship renewals must submit a letter requesting continuation of scholarship, a copy of final grades, FAFSA, tax returns and any information on additional scholarships or awards.Please check www.amblertrust.org for the most up to date scholarship and grant applicaiton information.
cAny submission deadlines:
April 30 for new scholarship applications and May 31 for renewal applications.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Individual scholarships range from $1,000 to $10,000. Preferences are to be afforded to students residing in the Town of Wilton first and surrounding towns second.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Elizabeth Raymond Ambler Trust
PO Box 7266
Wilton,CT06897
(203) 761-1150
bThe form in which applications should be submitted and information and materials they should include:
Must submit non-scholarship grant application with specific project information,organizational information, financial statements and proof of tax exempt status.Please check www.amblertrust.org for the most up to date scholarship and grant applicaiton information.
cAny submission deadlines:
March 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Municipal, religious, charitable, benevolent or educational organizations or corporations as determined by the trustees.
Form 990-PF (2024)
Form 990-PF (2024)
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

Help for Kids Inc

141 Franklin Street
Stamford,CT06901 		  Non-profit HELP for Kids (HFK) home visiting program 3,000

Wilton Youth Council

PO Box 172
Wilton,CT06897 		  Non-profit Youth to youth programs 2,500

Virginia Theological Seminary

3737 Seminary Road
Alexandria,VA22304 		  Non-profit Launching into ministry programs 3,000

Community Resources for Justice

355 Boylston Street
Boston,MA02116 		  Non-profit Post release reentry assistance 4,000

Bridgeport Youth Lacrosse

56 Fairview Avenue
Bridgeport,CT06606 		  Non-profit Youth lacrosse "Sports for Peace" 5,000
Catherine Campbell


8 Roton Avenue
Norwalk,CT06853 		None N/A Scholarship - Harvard University 8,038
John Becker


15 Turning Leaf Lane
Shelton,CT06484 		None N/A Scholarship - East Carolina University 9,000
Josh Darkwah


1944 Wallace Avenue
Bronx,NY10462 		None N/A Scholarship - NY Univeristy 7,052

Domestic Violence Crisis Center

777 Summer Street
Stamford,CT06901 		  Non-profit Peace works education program 2,000

Norwalk Symphony Society

25 Van Zant Street
Norwalk,CT06855 		  Non-profit (Not) Just for Kids - access to music programs 3,000

MoCA Westport

19 Newtown Turnpike
Westport,CT06880 		  Non-profit Special needs art classes for adults and children 1,500

Family & Childrens Agency

9 Mott Avenue
Norwalk,CT06851 		  Non-profit ASPIRE: FCA's after school program 3,000

Higher Edge

35 Redden Avenue
New London,CT06320 		  Non-profit Higher education support 2,000

The Tiny Miracles Foundation

381 Post Road
Darien,CT06820 		  Non-profit Parent support services for families with premature infants 4,000

Neighborhood Studios of Fairfield County

150 Elm Street
Bridgeport,CT06604 		  Non-profit Camp Hart - Children with special needs 2,000

Orchestra Lumos

263 Tresser Boulevard
Stamford,CT06901 		  Non-profit Lumunous storytelling music education 1,500

Kids in Crisis

1 Salem Street
Cos Cob,CT06807 		  Non-profit Teen talk program 4,000

Pacific House

579 Pacific Street
Stamford,CT06902 		  Non-profit Homelessness 2,500
Yanny Garcia


2514 Ambassador Court
High Point,NC27265 		None N/A Scholarship - North Carolina A&T 5,713

Catholic Charities of Fairfield County Inc

120 East Avenue
Norwalk,CT06851 		  Non-profit To help Norwalk residents in crisis overcome their financial hardships 2,500

Filling in the Blanks

346 Main Avenue
Norwalk,CT06851 		  Non-profit Weekend meal program for children 3,000

Malta House

139 West Rocks Road
Norwalk,CT06851 		  Non-profit At risk mothers partnering success program 5,000

Future Five

135 Atlantic Street
Stamford,CT06901 		  Non-profit College prep to address opportunity gap 1,000

Woodcock Nature Center

56 Deer Run Road
Wilton,CT06897 		  Non-profit Waders, shed, picnic tables 5,000

Food Rescue US

1127 High Ridge Road
Stamford,CT06905 		  Non-profit Food waste reduction 2,500
Kiri Clancy


69-30 179th Street
Fresh Meadows,NY11365 		None N/A Scholarship - SUNY Binghamton 2,574
Ethan Lazaro


181 Birdseye Street
Stratford,CT06615 		None N/A Scholarship - University of Connecticut 1,500
Jocelyn Lister


7508 LaPaz Blvd 309
Boca Raton,FL33433 		None N/A Scholarship - University of Maryland 3,500
Kayleigh O'Keefe


3 Fairview Road
Brookfield,CT06804 		None N/A Scholarship - University of Connecticut 2,500
Robert Moore


210 Pitt Street
Bridgeport,CT06606 		None N/A Scholarship - Central CT State University 9,000
Jana Duhaney


19 Lawrence Street
Norwalk,CT06854 		None N/A Scholarship - University of Connecticut 8,000
Nadia Voravolya


228 North Springfield Road
Clifton Heights,NJ19018 		None N/A Scholarship - Temple University 10,000
Jaquille Wilson


131 Infield Street
Bridgeport,CT06606 		None N/A Scholarship - University of Connecticut 3,000

Regional Hospice and Home Care of Western CT Inc

30 Milestone Road
Danbury,CT06810 		  Non-profit Hospice care 4,500

Healing Meals Foundation Corp

PO Box 7223
Bloomfield,CT06002 		  Non-profit Healthy meals program 2,500
Amir Preston


137 Hollow Tree Road Unit 2013
Darien,CT06820 		None N/A Scholarship - Springfield College 5,000
Eyesly Zuniga


30 Day Street Apt 408D
Norwalk,CT06854 		None N/A Scholarship - Pratt Institute 8,000
Christopher Cruz


261 Ely Avenue Bldg 19 Apt 3B
Norwalk,CT06854 		None N/A Scholarship - Eastern CT State University 6,634
Gregori Georges


261 Ely Avenue Bldg 23 Apt 3D
Norwalk,CT06854 		None N/A Scholarship - Western CT State University 10,000
Brett Gillman


4B Evergreen Avenue
Wilton,CT06897 		None N/A Scholarship - Middlebury College 3,000
Jordan Lister


7508 LaPaz Blvd 309
Boca Raton,FL33433 		None N/A Scholarship - Miami University 8,000
Linda Petersen


436 Hurlbutt Street
Wilton,CT06897 		None N/A Scholarship - University of Hartford 10,000
Maika Sylvestre


20 Day Street Apt 102
Norwalk,CT06854 		None N/A Scholarship - Sacred Heart University 7,978
Raphael Benjamin


261 Ely Avenue Bldg 15 Apt 3D
Norwalk,CT06854 		None N/A Scholarship - Rochester Institute of Technology 10,000
Rolemiche Jeannis


275 Mount Carmel Avenue
Hamden,CT06518 		None N/A Scholarship - Quinnipiac University 4,000

Liberation Programs Inc

339 West Avenue
Bridgeport,CT06604 		  Non-profit Provides treatment and prevention services for substance use and mental health disorders 4,000

Positive Directions

90 Post Road West
Westport,CT06880 		  Non-profit To support provision of mental health first aid training to the community 4,000

The Connecticut Invention Convention

PO Box 230311
Hartford,CT06123 		  Non-profit DEI invention education initiative at community based organization 2,000

Stamford Hospital

One HospitalPlaza
Stamford,CT06902 		  Non-profit Stamford Hospital's KIDS' FAN (Fitness & Nutrition Services) program 2,500

Ann's Place

80 Saw Mill Road
Danbury,CT06810 		  Non-profit Provides support for people living with cancer 3,000

Bridgeport Rescue Mission

PO Box 9057
Bridgeport,CT06601 		  Non-profit Provides services to families facing hunger, homelessness & addition 2,000

The Center for Interfaith Reconciliation

6000 Grove Street
Richmond,VA23226 		  Non-profit Promotes initiatives that build understanding and cooperation between people of different faiths 5,000

Connecticut Zoological Society Inc (dba Beardsley Zoo)

1875 Noble Avenue
Bridgeport,CT06610 		  Non-profit Wildlife conservation, education and recreation 2,500

Earthplace Inc

10 Woodside Lane
Westport,CT06880 		  Non-profit Building passion and respect for the natural world 2,000

Applied Behavioral Rehabilitation Institute Inc (dba Homes for the Brave)

655 Park Avenue
Bridgeport,CT06604 		  Non-profit Housing, vocational training and life skills coaching 2,000

Homes with Hope Inc

PO Box 631
Westport,CT06881 		  Non-profit Dedicated to preventing and ending homelessness in Fairfield County 5,000

Horizons at CT State Norwalk

PO Box 244
Norwalk,CT06853 		  Non-profit Advance educational equity for Norwalk students 2,000

Horizons Bridgeport

1057 Broad Street
Bridgeport,CT06604 		  Non-profit Expands academic support, social-emotional learning and enrichment opportunities for Bridgeport students. 1,500

Jewish Federation of Greater Fairfield County

4200 Park Avenue
Bridgeport,CT06604 		  Non-profit Strengthen, support and enhance the quality of Jewish life in the community 2,500

LivFree

PO Box 110211
Trumbull,CT06611 		  Non-profit Providing moments of hope and joy to kids and families fighting pediatric cancer 3,000

The Norwalk Conservatory of Arts

69 Wall Street
Norwalk,CT06850 		  Non-profit To deliver exceptional arts education to aspiring artists 3,000

Operation Fuel

75 Charter Oak Avenue
Hartford,CT06106 		  Non-profit Provides emergency assistance to CT residents struggling to pay energy and utility bills 2,500

Discovery Museum Inc (dba SHU Discovery Science Center & Planetarium)

4450 Park Avenue
Bridgeport,CT06604 		  Non-profit Connects audiences of all ages with Science, Technology, Engineering, Arts and Mathematics learning 2,500

South East CT Community Center of the Blind

75 Granite Street
New London,CT06320 		  Non-profit Serves the social, recreational, educational, referral and advocacy needs of the blind and visually impaired 3,000

The Depot Darien Youth Center

25 Heights Road
Darien,CT06821 		  Non-profit Supports the well-being of their youth by giving them opportunities to connect, grow and give back 2,500

The Rowan Center Inc

1111 Summer Street
Stamford,CT06905 		  Non-profit Counsel victims and survivors of sexual violence 3,000

Fraternal Order of the Umbrella Inc (dba The Umbrella Club)

PO Box 112238
Stamford,CT06911 		  Non-profit Compassion and support for community families and children in need 2,000

Under One Roof Inc

60 Gregory Blvd
Norwalk,CT06855 		  Non-profit Connecting generations through affordable housing and early childhood education 2,000

Waveny LifeCare Network Inc

3 Farm Road
New Canaan,CT06840 		  Non-profit Provides a compassionate continuum of world-class care to service the changing healthcare needs of seniors from all areas 5,000

Wilton Candlelight Concerts

PO Box 3
Wilton,CT06897 		  Non-profit Provide great music to the community 5,000

Wilton Historical Society

224 Danbury Road
Wilton,CT06897 		  Non-profit To preserve Wilton's history 5,000
Joel Darkwah


1944 Wallace Avenue
Bronx,NY10462 		None N/A Scholarship - Binghamton University 3,255
Andrea Garcia


300 Highland Avenue
Norwalk,CT06854 		None N/A Scholarship - University of Miami 3,500
Ann Macenat


43 Houston Terrace
Stamford,CT06902 		None N/A Scholarship - University of Connecticut 5,000
Bernie Huang


395 Danbury Road
Wilton,CT06897 		None N/A Chip Zellner Award 1,000
Cooper Matik


395 Danbury Road
Wilton,CT06897 		None N/A John Rhodes Award 1,000
Jessica Fang


395 Danbury Road
Wilton,CT06897 		None N/A Rusty Hurd Award 1,000
Skyler Espinoza


395 Danbury Road
Wilton,CT06897 		None N/A Chip Gawls Award 1,000
Stephanie Tang


395 Danbury Road
Wilton,CT06897 		None N/A Marty Meade Award 1,000
Elijah Cajo


87 Ridgefield Road
Wilton,CT06897 		None N/A Books & Laptop in Lieu of Scholarship 3,825
Fatoumata Keita


212 W 133rd Street Apt 3C
New York,NY10030 		None N/A Scholarship - Lafayette College 5,731
Gina Vertus


49 Meadow Street Apt 16
Norwalk,CT06854 		None N/A Scholarship - Western CT State University 4,000
Isaiah Joseph


15 Ward Street
Norwalk,CT06851 		None N/A Scholarship - Fordham University 4,000
Jake Tejada


14 Orange Street
Norwalk,CT06850 		None N/A Scholarship - Northeastern University 2,500
Kelly Garcia Rivas


265 Strawberry Hill Avenue
Norwalk,CT06851 		None N/A Scholarship - University of Connecticut 2,500
Laura Tabares


30 Hillandale Road
Danbury,CT06811 		None N/A Scholarship - Western CT State University 2,500
Raphaela Pierre Noel


356 Main Avenue Apt D23
Norwalk,CT06851 		None N/A Scholarship - University of Connecticut 4,000
Ryan O'Keefe


3 Fairview Road
Brookfield,CT06804 		None N/A Scholarship - Gettysburg College 2,500
Taylia Wilson


131 Infield Street
Bridgeport,CT06606 		None N/A Scholarship - Bowie State University 4,000
Vanessa Michel


37 Clinton Avenue Apt 1
Norwalk,CT06854 		None N/A Scholarship - Barnard College 3,768
Total .................................right arrow 3a 346,068
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		         
4 Dividends and interest from securities ....     14 52,645  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 164,910  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 155,356  
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) .. 0 372,911 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
372,911
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 1,540 1,155   385

TY 2024 InvestmentsCorpStockSchedule
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Name of Stock End of Year Book Value End of Year Fair Market Value
Davenport & Company #DA1-594849 2,389,304 3,444,135
Davenport & Company #DA2-054884 291,444 389,459
Davenport & Company #DA2-900672 11,542 0

TY 2024 InvestmentsLandSchedule2
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land - 333 Hurlbutt Road Wilton, CT 1,720,000 0 1,720,000  
Land - 6 Acres 50,000 0 50,000  

TY 2024 OtherExpensesSchedule
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Miscellaneous expenses 5,042 3,572   1,470


TY 2024 OtherProfessionalFeesSchedule
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 6,152 6,152   0


TY 2024 ReductionExplanationStatement
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Explanation:
The foundation owns a lot that is landlocked and generates no income or cash flow. The lot was valued at $50,000 when it was gifted to the trust through the Estate of Elizabeth Raymond Ambler. The trustees are in the process of trying to secure access to the lot in order to convert it to an income producing asset.

TY 2024 TaxesSchedule
Name:
Elizabeth Raymond Ambler Trust
EIN:
06-6473263
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes 1,330 1,330   0
Real Estate Taxes 2,683 2,683   0
Federal Taxes 3,213 0   0