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Also known as: KENNETH P AMBROSE TRUSTEE
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Paul Ambrose Charitable Trust is a private trust based in EMERALD ISLE, NC. The foundation received its IRS ruling in 2009. The principal officer is Kenneth P Ambrose. It holds total assets of $547K. Annual income is reported at $340K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Paul Ambrose Charitable Trust has made 2 grants totaling $28K, with a median grant of $14K. Individual grants have ranged from $3K to $25K, with an average award of $14K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Paul Ambrose Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in WV.
Paul Ambrose Charitable Trust has distributed a total of $28K across 2 grants. The median grant size is $14K, with an average of $14K. Individual grants have ranged from $3K to $25K.
Paul Ambrose Charitable Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (266219433) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Paul Ambrose Charitable Trust is headquartered in EMERALD ISLE, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth P Ambrose | TRUSTEE | $0 | $0 | N/A |
| Sharon N Ambrose | TRUSTEE | $0 | $0 | N/A |
| Robert B Walker | TRUSTEE | $0 | $0 | N/A |
| Terresa G Pratt | TRUSTEE | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$428K
Fair Market Value
$473K
Net Worth
$428K
Grants Paid
$28K
Contributions
$2K
Net Investment Income
$54K
Distribution Amount
$21K
Total: $426K
Total Grants
2
Total Giving
$28K
Average Grant
$14K
Median Grant
$14K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of Huntington FoundationCHARITABLE | Huntington, WV | $25K | 2023 |
| Developmental Therapy Center IncCHARITABLE | Huntington, WV | $3K | 2023 |