Ambit Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81K in total assets. In 2024, it awarded 1 grants totaling $202K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$81K
+16.1% YoY
Annual Giving
$202K
-17.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$202K
-17.6% YoY
Under IRS private-foundation payout rules, Ambit Cares Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Ambit Cares Inc
Based on IRS filings
Ambit Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81K in total assets. In 2024, it awarded 1 grants totaling $202K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $81,211 | $69,923 | $93,082 |
| Revenue | $213,608 | $222,142 | $215,977 |
| Expenses | $202,320 | $196,487 | $216,905 |
| Qualifying Distributions | $202,000 | $196,187 | $215,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $7,837 | $8,126 | $8,954 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Feeding America ($202,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FEEDING AMERICA Chicago, IL | Donationagrants are to be used for food pantries | $202,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT A HUDSON | President | — | — |
| KRISTOPHER MOLDOVAN | CFO | — | — |
| GABE VAZQUEZ | VPAssoc Gen Counsel | — | — |
| MARGARET MONTEMAYOR | Controller | — | — |
| MEAGAN HORN | VP & Gen Tax Counsel | — | — |
| BILL QUINN | Treasurer | — | — |
| YUKI WHITMIRE | VP Assoc GenCounsel | — | — |
| ERIC REISDORF | VPAmbit Gen Manager | — | — |
| BRAD WATSON | Dir Community Affairs | — | — |
| CLAIRE MATHISON | Dir of Programming | — | — |
| ERIC JOHNSTONE | Dir of Marketing | — | — |
| KATHERINE REILLY | Asst Corporate Sec | — | — |
| DANIELA GUTIERREZ | Asst Corporate Sec | — | — |
| CARRIE L KIRBY | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ambit Cares Inc?
Ambit Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. It holds $81K in total assets as of 2024.
How large is Ambit Cares Inc?
As of 2024, Ambit Cares Inc holds $81K in total assets with $214K in annual revenue. It awarded 1 grants totaling $202K in 2024.
Where does Ambit Cares Inc operate?
Ambit Cares Inc has awarded grants in Illinois, Texas.
What size grants does Ambit Cares Inc award?
In 2024, Ambit Cares Inc awarded 1 grants totaling $202K — an average of about $202K per grant, based on its IRS Form 990 filings.
How much is Ambit Cares Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ambit Cares Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ambit Cares Inc's EIN?
Ambit Cares Inc's EIN (Employer Identification Number) is 81-2832542. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ambit Cares Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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