Ambrosio & Bellotti Charitable Foundation Inc is located in Melville, NY. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ambrosio & Bellotti Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ambrosio & Bellotti Charitable Foundation Inc generated $630.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (36.6%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FOUNDATION IS MAKE FUNDS AVAILABLE EXCLUSIVELY TO A BROAD RANGE OF SECTION 501(C)(3) PUBLIC CHARITIES WHOSE NEEDS CORRESPOND TO THE PHILANTHROPIC GOALS OF ITS FOUNDERS AND COME WITHIN THE CHARITABLE PURPOSES OUTLINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION WILL PROVIDE FUNDRAISING SUPPORT AND FINANCIAL ASSISTANCE TO CHARITABLE ENDEAVORS AND CAUSES, EITHER DIRECTLY OR INDIRECTLY TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS, AS DEEMED APPROPRIATE BY THE CORPORATION. OUR MISSION IS TO THEREBY CONTRIBUTE TO ASSISTING OTHER QUALIFIED CHARITABLE ORGANIZATIONS TO HELP IMPROVE THE LIVES OF THOSE WHO ARE IN NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert L Bellotti Director | 0 | $0 | |
Edward Hurley Director | 0 | $0 | |
Bryan W Behrens Director | 0 | $0 | |
Paula A Alois Director | 0 | $0 | |
Jonathan Hardy Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $630 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $630 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $0 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,417 |
Other assets | $0 |
Total assets | $6,417 |
Total liabilities | $0 |
Net assets or fund balances | $6,417 |