TY 2020 Form 990PF

- TIN:

Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
Simone Charitable Foundation Inc

Number and street (or P.O. box number if mail is not delivered to street address)8800 E Gainey Center Dr
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Scottsdale, AZ85258

A Employer identification number

82-3971316

B Telephone number (see instructions)

(480) 948-8161

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$120,599,309J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	303,393		303,393
4	Dividends and interest from securities...	168,799		168,799
5a	Gross rents............	7,688,362		6,392,151
b	Net rental income or (loss) 3,536,496
6a	Net gain or (loss) from sale of assets not on line 10		28,522,775
b	Gross sales price for all assets on line 6a 55,970,261
7	Capital gain net income (from Part IV, line 2)...			28,522,775
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........	36,683,329		35,387,118
13	Compensation of officers, directors, trustees, etc.	483,202		293,010	190,192
14	Other employee salaries and wages......	46,850		11,713	35,138
15	Pension plans, employee benefits.......	27,652		15,897	11,755
16a	Legal fees (attach schedule).........		30,340	25,448	4,893
b	Accounting fees (attach schedule).......		10,000	2,500	7,500
c	Other professional fees (attach schedule)....		109,244	108,964	280
17	Interest...............	508,804		236,618
18	Taxes (attach schedule) (see instructions)...		1,180,195	546,462
19	Depreciation (attach schedule) and depletion...		2,009,380	1,517,746
20	Occupancy..............	45,250		11,313	33,938
21	Travel, conferences, and meetings.......	2,672			2,672
22	Printing and publications..........
23	Other expenses (attach schedule).......		2,412,279	2,151,272	24,135
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	6,865,868		4,920,943	310,503
25	Contributions, gifts, grants paid.......	3,673,394			3,673,394
26	Total expenses and disbursements. Add lines 24 and 25	10,539,262		4,920,943	3,983,897
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	26,144,067
b	Net investment income (if negative, enter -0-)			30,466,175
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	2,240,918	2,167,917	2,167,917
	2	Savings and temporary cash investments.........		36,858,852	36,858,852
	3	Accounts receivable 488,826
		Less: allowance for doubtful accounts	271,472	488,826	488,826
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	252,955	272,128	272,128
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	22,693,952	1,576,103	1,576,103
	c	Investments—corporate bonds (attach schedule).......		9,034,561	9,034,561
	11	Investments—land, buildings, and equipment: basis 52,336,636
		Less: accumulated depreciation (attach schedule) 3,319,159	65,664,380	49,017,477	52,336,636
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		17,657,185	17,679,472
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	64,643	242,543	184,814
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	91,188,320	117,315,592	120,599,309
	17	Accounts payable and accrued expenses..........	267,225	388,874
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	10,925,000	10,925,000
	22	Other liabilities (describe )	597,904	341,597
	23	Total liabilities (add lines 17 through 22).........	11,790,129	11,655,471
		Foundations that follow FASB ASC 958, check here
		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
		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	79,398,191	105,660,121
	29	Total net assets or fund balances (see instructions).....	79,398,191	105,660,121
	30	Total liabilities and net assets/fund balances (see instructions).	91,188,320	117,315,592

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

79,398,191

Enter amount from Part I, line 27a .....................

26,144,067

Other increases not included in line 2 (itemize) bullet

367,901

Add lines 1, 2, and 3 ..........................

105,910,159

Decreases not included in line 2 (itemize) bullet

250,038

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

105,660,121

Form 990-PF (2020)

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	Land - Carefree	P	2018-04-06	2020-11-12
b	Building - Presidio	P	2018-04-06	2020-12-20
c	Land - Presidio	P	2018-04-06	2020-12-20
d	Improvements - Presidio	P	2019-07-01	2020-12-20
e	Improvements - Presidio	P	2020-06-01	2020-12-20

(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	370,261		320,000	50,261
b	48,380,883	1,444,406	21,396,012	28,429,277
c	5,200,000		5,200,000
d	705,156	26,366	705,156	26,366
e	1,313,961	16,871	1,313,961	16,871

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			50,261
b			28,429,277
c
d			26,366
e			16,871

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	28,522,775
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 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

Form 990-PF (2020)

Page 4

Part VI

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	423,480
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% 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	423,480
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	423,480
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	236,164
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	335,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	571,164
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	147,684
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax147,684	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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?................

Yes

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 XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 Click to see list of attachments

.............

Yes

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

CURT CHRISTENSEN Telephone no. bullet

(480) 948-8161

Located at bullet

8800 E GAINEY CENTER DRSCOTTSDALEAZ ZIP+4 bullet

85258

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, 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 bullet

Part VII-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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2020?.............

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)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2020 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 2020.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2020?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

Part VIII

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-)
MARK GRAYSON	President 40.00	328,999
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	President 40.00	328,999
JOHN KELLY	Director 2.00	0
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	Director 2.00	0
CURT CHRISTENSEN	Treasurer 40.00	154,204
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	Treasurer 40.00	154,204
GRANT BOLAND	Director 2.00	0
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	Director 2.00	0

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...................

Form 990-PF (2020)

Page 7

Part VIII

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............. bullet

Part IX-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 IX-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......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

19,088,808

Average of monthly cash balances.......................

1,921,903

Fair market value of all other assets (see instructions)................

75,505,612

Total (add lines 1a, b, and c).........................

96,516,323

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

10,925,000

Subtract line 2 from line 1d.........................

85,591,323

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

1,283,870

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

84,307,453

Minimum investment return. Enter 5% of line 5..................

4,215,373

Part XI

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.)

Minimum investment return from Part X, line 6....................

4,215,373

Tax on investment income for 2020 from Part VI, line 5......

423,480

Income tax for 2020. (This does not include the tax from Part VI.)...

37,335

Add lines 2a and 2b............................

460,815

Distributable amount before adjustments. Subtract line 2c from line 1............

3,754,558

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,754,558

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

3,754,558

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,983,897

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

3,983,897

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

3,983,897

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7			3,754,558
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......		3,664,340
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........
4Qualifying distributions for 2020 from Part
XII, line 4: $ 3,983,897
a Applied to 2019, but not more than line 2a		3,664,340
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2020 distributable amount.....			319,557
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.
(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
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 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........			3,435,001
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 2015 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-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 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, 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 X, 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 XV

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 bullet

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 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 (2020)

Page 11

Part XV

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Alzheimer's Disease Related Disorde 225 N Michigan Ave Ste 1700 CHICAGO,IL60601	NONE	PC	General Support	200,769
American Cancer Society Inc 250 Williams Street 4th Floor ATLANTA,GA30303	NONE	PC	General Support	576,000
Boys Girls Club of Greater Phoenix 4309 E Belleview St Bldg 14 PHOENIX,AZ85008	NONE	PC	General Support	475,362
Boys Girls Club of Tucson PO Box 40217 TUCSON,AZ85717	NONE	PC	General Support	120,000
Boys and Girls Club GREATER Scottsd 10533 E Lakeview Drive SCOTTSDALE,AZ85258	NONE	PC	General Support	282,017
Help in Healing Home Foundation 5811 E Mayo Blvd PHOENIX,AZ85054	NONE	PC	General Support	90,289
Make-A-Wish Foundation of Arizona 2901 North 78th Street SCOTTSDALE,AZ85251	NONE	PC	General Support	225,000
McKenna Youth Foundation 29645 North 45th Street CAVE CREEK,AZ85331	NONE	PC	General Support	40,000
National Kidney Foundation of Arizo 360 E Coronado Road Ste 180 PHOENIX,AZ85004	NONE	PC	General Support	460,000
Parkinson's Foundation Inc 200 SE 1st Street Ste 800 MIAMI,FL33131	NONE	PC	General Support	500,000
Southwest Human Development 2850 N 24th Street PHOENIX,AZ85008	NONE	PC	General Support	428,957
American Parkinson Disease Assoc 135 Parkinson Avenue STATEN ISLAND,NY10305	NONE	PC	General Support	275,000
Total ................................. 3a				3,673,394

bApproved for future payment

Total ................................. 3b

Form 990-PF (2020)

Page 12

Part XVI-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	(e) Related or exempt function income (See instructions.)
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	303,393
4 Dividends and interest from securities....			14	168,799
5 Net rental income or (loss) from real estate:
aDebt-financed property......		1,318,499
bNot debt-financed property.....			16	6,369,863
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	28,522,775
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)..		1,318,499		35,364,830

13Total. Add line 12, columns (b), (d), and (e)..................

36,683,329

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-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 (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:	20011566
Software Version:	2020v4.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	10,000	2,500	0	7,500

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2020 AmortizationSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description of Amortized Expenses	Date Acquired, Completed, or Expended	Amount Amortized	Deduction for Prior Years	Amortization Method	Current Year Amortization	Total Amount of Amortization
Loan Fee - Warner Courtyards	2018-07-03	51,864	5,187		3,459	8,646
Lease Commissions - Warner	2019-07-01	4,157	1,386	1.5000	2,771	4,157
Lease Commissions - Warner	2019-07-01	2,060	1,030	1.0000	1,030	2,060
Lease Commissions - Warner	2019-10-01	15,201	1,036	3.6660	4,146	5,182
Lease Commissions - Warner	2020-06-30	3,200		1.0000	1,600	1,600
Lease Commissions - Warner	2020-06-30	3,471		3.0000	579	579

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2020 DepreciationSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
Building - Foothills	2018-04-09	875,000	39,263	SL	2.56 %	22,435
Building - Villa on Cheney	2018-04-06	7,700,000	345,513	SL	2.56 %	197,428
Building - Simone Moog	2019-07-24	7,947,455	93,400	SL	2.56 %	203,773
Building - Warner Courtyards	2018-07-03	13,595,129	522,890	SL	2.56 %	348,579
15 Year - Warner Courtyards	2018-07-03	1,949,551	194,955	SL	6.67 %	130,035
7 Year - Warner Courtyards	2018-07-03	278,383	59,654	SL	14.29 %	39,781
5 year - Warner Courtyards	2018-07-03	1,994,002	598,200	SL	20.00 %	398,800
Improvement - Warner Courtyard	2020-07-03	7,892		SL	1.18 %	93
Improvements - Warner Courtyards	2019-02-01	40,836	916	SL	2.56 %	1,047
Ten. Improv. - Warner Courtyards	2019-08-31	26,866	258	SL	2.56 %	689
Building - Presidio	2018-04-06	20,800,000	933,333	SL	2.56 %	511,073
Improvements - Presidio	2019-07-01	705,156	9,040	SL	2.56 %	17,326
Building - Industrial I	2020-06-10	8,643,667		SL	1.39 %	120,233
Improvements - Industrial I	2020-06-10	87,514		SL	1.39 %	1,217
Improvements - Presidio	2020-06-01	1,313,961		SL	1.28 %	16,871

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BLACKROCK FDS V	12,163	12,163
BLACKROCK FDS V	6,056	6,056
DOUBLELINE FDS TR	5,952	5,952
FEDERATED HRMS INSTL	6,065	6,065
FINANCIAL SQAURE PRIME	5,723	5,723
GUGGENHEIM FDS TR	6,038	6,038
LORD ABBETT INVT TR	6,108	6,108
LORD ABBETT INVT TR	11,975	11,975
MAINSTAY FDS	6,094	6,094
METROPOLITAN WEST FDS	5,989	5,989
PGIM HIGH YIELD FUND	6,097	6,097
PIMCO INCOME FD	9,084	9,084
PIMCO INVESTMENT GRADE	12,090	12,090
PUTNAM DIVERSIFIED	12,301	12,301
BANK OF AMERICA CORP	285,625	285,625
BANK OF AMERICA CORP	66,574	66,574
CAPITAL ONE FINANCIAL	49,565	49,565
CENTERPOINT ENERGY INC	146,650	146,650
CITIGROUP INC	281,005	281,005
CITIGROUP INC	88,242	88,242
DISCOVER FINANCIAL	96,300	96,300
DISCOVER FINL SERVICES	36,080	36,080
GENERAL ELECTRIC COMPANY	93,025	93,025
GENERAL MTRS FINL CO INC	47,408	47,408
GENERAL MTRS FINL CO INC	202,800	202,800
GOLDMAN SACHS GROUP INC	130,800	130,800
GOLDMAN SACHS GROUP INC	193,323	193,323
HUNTINGTON NATIONAL BANK	193,805	193,805
KEYCORP NEW	168,020	168,020
M&T BK CORP	14,770	14,770
MARKEL CORP	69,694	69,694
SCHWAB CHARLES CORP NEW	239,456	239,456
SEMPRA ENERGY	66,263	66,263
TRUIST FINL CORP	71,978	71,978
TRUIST FINL CORP	237,652	237,652
WELLS FARGO & CO	224,483	224,483
WELLS FARGO & CO	146,453	146,453
ABBOTT LABS	164,002	164,002
AMAZON COM INC	133,212	133,212
AMAZON COM INC	36,794	36,794
AMERICAN EXPRESS CO	56,747	56,747
AMERICAN HONDA FIN CORP	20,574	20,574
ANTHEM INC	86,952	86,952
APPLE INC	87,338	87,338
APPLIED MATLS INC	89,127	89,127
AT&T INC SR GLBL NT 24	58,073	58,073
AVALONBAY COMMUNITIES INC	56,185	56,185
BANK AMER CORP	70,771	70,771
BANK AMER CORP	61,550	61,550
BB&T CORP	136,350	136,350
BOSTON PPTYS LTD	79,327	79,327
CAPITAL ONE FIN	66,818	66,818
CAPITAL ONE FIN CORP	65,050	65,050
CATERPILLAR FINANCIAL	56,679	56,679
CITIGROUP INC	81,329	81,329
CLOROX CO	116,253	116,253
COCA COLA CO	93,321	93,321
COMCAST CORP	44,630	44,630
COMCAST CORP	51,710	51,710
CONSOLIDATED EDISON CO N	61,507	61,507
DOWDUPONT INC	105,911	105,911
DUKE ENERGY CAROLINAS LLC	36,528	36,528
DUKE ENERGY PROGRESS LLC	57,017	57,017
ECOLAB INC	62,156	62,156
ENTERGY ARK INC	43,904	43,904
EOG RES INC	53,136	53,136
EXPRESS SCRIPTS HLDG CO	105,485	105,485
EXPRESS SCRIPTS HLDG CO	21,772	21,772
GENERAL DYNAMICS CORP	140,388	140,388
GILEAD SCIENCES INC	75,205	75,205
GOLDMAN SACHS GROUP INC	55,286	55,286
HERSHEY CO	153,289	153,289
INTERCONTINENTAL	119,405	119,405
INTL BUSINESS MACHINES	69,425	69,425
JOHN DEERE CAPITAL CORP	57,782	57,782
KEYCORP	113,723	113,723
LAM RESEARCH CORP	155,877	155,877
LOCKHEED MARTIN CORP	120,405	120,405
MARSH & MCLENNAN CO INC	57,804	57,804
MARSH & MCLENNAN COS INC	72,093	72,093
MIDAMERICAN ENERGY CO	48,455	48,455
NEXTERA ENERGY CAPITAL	57,371	57,371
ORACLE CORP	123,238	123,238
PHILLIPS 66 GRD SR NT	56,553	56,553
PROLOGIS LP	115,801	115,801
PUBLIC SVC ELEC GAS CO	76,687	76,687
RAYTHEON CO	66,328	66,328
RAYTHEON COMPANY	57,574	57,574
RYDER SYS INC	119,776	119,776
SCHWAB CHARLES CORP NEW	126,294	126,294
STRYKER CORP	110,202	110,202
STRYKER CORP	50,865	50,865
SUNTRUST BKS INC	56,116	56,116
TYCO ELECTRONICS GROUP S	52,067	52,067
TYCO ELECTRONICS GROUP S	34,932	34,932
US BANCORP	78,849	78,849
US BANCORP	90,938	90,938
UNION PACIFIC CORP	28,367	28,367
UNION PACIFIC CORP	61,237	61,237
UNION PACIFIC CORP	66,895	66,895
VERIZON COMMUNICATIONS	133,192	133,192
VISA INC	112,185	112,185
WALMART INC	159,010	159,010
WASTE MGMT INC DEL	68,826	68,826
WAST MGMT INC DEL	46,132	46,132
WAST MGMT INC DEL	56,393	56,393
WELLS FARGO & CO	54,047	54,047
WELLS FARGO & CO	56,932	56,932
WELLS FARGO & CO	35,250	35,250
Entergy miss	121,453	121,453

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	9,307	9,307
AMGEN INC	17,244	17,244
APPLE INC	26,538	26,538
ARES CAPITAL CORPORATION	19,238	19,238
BANK OF AMERICA CORP	10,609	10,609
BOEING CO	13,700	13,700
BROADCOM INC	24,520	24,520
CATERPILLAR INC	10,011	10,011
CISCO SYSTEMS INC	10,248	10,248
CLOROX CO	9,288	9,288
COHEN AND STEERS	6,078	6,078
CONAGRA BRANDS INC	15,048	15,048
CVS HEALTH CORPORATION	14,275	14,275
ELI LILLY AND CO	17,559	17,559
FIRST REPUBLIC BANK SAN	16,309	16,309
GILEAD SCIENCES INC	14,215	14,215
HOME DEPOT INC	14,343	14,343
HONEYWELL INTL INC	9,997	9,997
INTEL CORP	16,341	16,341
JOHNSON AND JOHNSON	15,581	15,581
LAM RESEARCH CORP	16,529	16,529
LOCKHEED MARTIN CORP	11,359	11,359
LUMEN TECHNOLOGIES INC	16,507	16,507
MERCK AND CO, INC	14,969	14,969
MICROSOFT CORP	19,573	19,573
NUVEEN INVT TR V	6,060	6,060
PEPSICO INC	18,389	18,389
PFIZER INC	17,153	17,153
PIONEER NATURAL RESOURCES	6,036	6,036
QUALCOMM INC	15,082	15,082
STARBUCKS CORP	10,698	10,698
TEXAS INSTRUMENTS	15,100	15,100
VERIZON COMMUNICATIONS	9,165	9,165
VIATRIS INC	1,068	1,068
WALMART INC	9,081	9,081
WALT DISNEY CO	12,501	12,501
ALLSTATE CORPORATION	57,912	57,912
AMERICAN EQUITY INVT	57,634	57,634
ASPEN INSURANCE HOLDINGS	29,572	29,572
AT&T INC	69,041	69,041
ATHENE HLDG LTD	66,777	66,777
ATHENE HLDG LTD	47,126	47,126
CITIZENS FINANCIAL GROUP	43,548	43,548
FIFTH THIRD BANCORP	104,686	104,686
GOLDMAN SACHS GROUP INC	17,628	17,628
MORGAN STANLEY	179,989	179,989
MORGAN STANLEY DEP SH	65,293	65,293
REGIONS FINANCIAL	21,744	21,744
REGIONS FINANCIAL	160,425	160,425
STATE STREET CORPORATION	63,459	63,459
VOYA FINANCIAL INC	89,491	89,491
Berkshire Hathaway	12,059	12,059

- TIN:

TY 2020 InvestmentsLandSchedule2

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Buildings	42,983,187	3,314,939	39,668,248	42,983,187
Improvements	163,108	4,220	158,888	163,108
Land	9,190,341		9,190,341	9,190,341

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Broadway Office LLC	AT COST	17,657,185	17,679,472

- TIN:

TY 2020 LegalFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Legal Fees	30,340	25,448	0	4,893

- TIN:

TY 2020 MortgagesAndNotesPayableSch

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Total Mortgage Amount: 10,925,000

- TIN:

TY 2020 OtherAssetsSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Net Intangible Assets	64,643	57,729
Security Deposits		184,814	184,814

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description	Amount
Prior Period Adjustment	250,038

- TIN:

TY 2020 OtherExpensesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Amortization	13,585	13,585
BANK FEES	266	266
COMPUTER EXPENSES	3,273		3,273
DUES & SUBSCRIPTIONS	488		488
EQUIPMENT	171	171
INSURANCE	3,006	8,189
MEALS & ENTERTAINMENT	16,248		16,248
Postage	58		58
RENTAL BUILDING EXPENSES	2,371,116	2,129,061
Rental Expenses	3,555,286	3,555,286
Rental Expenses on Other Line items	-3,555,286	-3,555,286
SUPPLIES	2,212		2,212
TELEPHONE	1,856		1,856

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Description	Beginning of Year - Book Value	End of Year - Book Value
Escrow Account Liabilities	270,508	214,065
Unsecured Loans/Payables	4,875	127,529
Tenant Deposits	322,520
Deferred Tenant Inducements
Rounding	1	3

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
Investment Management Fees	84,167	84,167	0
IT Fees	280	0	280
Real Estate Fees	24,797	24,797	0

- TIN:

TY 2020 TaxesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Excise Taxes	499,896
Property Taxes	680,299	546,462

- TIN:

TY 2020 TransfersFrmControlledEntities

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Name	US / Foreign Address	EIN	Description	Amount
Simone Carefree Property LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	SALE PROCEEDS. This is not an Excess Business Holding	370,261
Simone Presidio North LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	36-4893472	SALE PROCEEDS. This is not an Excess Business Holding	54,690,056
Simone Office II LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	32-0600425	DISTRIBUTIONS. This is not an Excess Business Holding	605,000
Simone Warner Courtyards LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	83-0816279	DISTRIBUTIONS. This is not an Excess Business Holding	535,000
Total				56,200,317

- TIN:

TY 2020 TransfersToControlledEntities

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

20011566

Software Version:

2020v4.0

Name	US / Foreign Address	EIN	Description	Amount
Simone Broadway LLC	8800 Gainey Center Dr Ste 160 Scottsdale,AZ85258	85-4245372	Investment. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING.	17,657,185
Simone 12831 Buckskin LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	This is not an Excess Business Holding	1
SImone 12856 Buckskin LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	This is not an Excess Business Holding	1
Simone Bell Tower LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	This is not an Excess Business Holding	1
Simone Dateland LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	This is not an Excess Business Holding	1
Simone Foothill Drive LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	This is not an Excess Business Holding	1
Simone Industrial I LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	85-1214194	INVESTMENT. This is not an Excess Business Holding	10,892,097
Simone Villa LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	32-0558360	INVESTMENT. This is not an Excess Business Holding	90,000
BROADWAY OFFICE LLC	800 Gainey Center Dr Ste 160 Scottsdale,AZ85258	85-4271279	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	17,657,185
Simone Presidio North LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	36-4893472	INVESTMENT	1,313,961
Total				47,610,433