TY 2020 Form 990PF

- TIN:

Form990-PF

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
THE MELVIN AND BREN SIMON CHARITABLE
FOUNDATION NUMBER ONE

Number and street (or P.O. box number if mail is not delivered to street address)329 MAIN STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CARBONDALE, CO816232027

A Employer identification number

35-2049367

B Telephone number (see instructions)

(970) 963-5898

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

$15,502,421J 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)	97,255
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	324,711		324,711
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,571
b	Gross sales price for all assets on line 6a 4,009,131
7	Capital gain net income (from Part IV, line 2)...			1,571
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).......		1,436	0
12	Total. Add lines 1 through 11........	424,973		326,282
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		44,190	44,190	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		2,147	2,147	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		2,034	2,034	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	48,371		48,371	0
25	Contributions, gifts, grants paid.......	1,825,000			1,825,000
26	Total expenses and disbursements. Add lines 24 and 25	1,873,371		48,371	1,825,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,448,398
b	Net investment income (if negative, enter -0-)			277,911
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.............	12
	2	Savings and temporary cash investments.........	374,839	1,583,199	1,583,199
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	7,875,172	7,338,379	9,871,028
	c	Investments—corporate bonds (attach schedule).......	5,072,788	3,424,376	3,696,305
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,117,381	331,410	351,889
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,440,192	12,677,364	15,502,421
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		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........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	14,440,192	12,677,364
	29	Total net assets or fund balances (see instructions).....	14,440,192	12,677,364
	30	Total liabilities and net assets/fund balances (see instructions).	14,440,192	12,677,364

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

14,440,192

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

-1,448,398

Other increases not included in line 2 (itemize) bullet

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

12,991,794

Decreases not included in line 2 (itemize) bullet

314,430

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

12,677,364

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
1 a	PUBLICLY TRADED SECURITES - SHORT TERM	P
b	PUBLICLY TRADED SECURITES - LONG TERM TRANSACTIONS	P
c	PUBLICLY TRADED SECURITIES - LONG TERM TRANSACTIONS	P
d	LONG-TERM CAPITAL GAINS	P
e	LONG-TERM CAPITAL GAINS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,504,124	1,564,221	-60,097
b	2,487,084	2,443,339	43,745
c	15		15
d	17,598		17,598
e	310		310

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			-60,097
b			43,745
c			15
d			17,598
e			310

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	1,571
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	3,863
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	0
3	Add lines 1 and 2...........................	3	3,863
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	3,863
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	7,850
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	7,850
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
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	3,987
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax3,987	Refunded	11	0

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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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?........

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

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

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

MBS ASSOCIATES LLC Telephone no. bullet

(970) 963-5898

Located at bullet

329 MAIN STREETCARBONDALECO ZIP+4 bullet

816232027

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BREN SIMON	TRUSTEE 0.25	0	0	0
329 MAIN STREET CARBONDALE,CO816232027	TRUSTEE 0.25	0	0	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...................				0

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

11,922,832

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

1,730,450

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

351,891

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

14,005,173

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

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

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

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

14,005,173

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

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

210,078

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

13,795,095

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

689,755

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

689,755

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

3,863

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

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

3,863

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

685,892

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

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

685,892

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

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

685,892

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 ..........

1,825,000

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

1,825,000

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

1,825,000

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	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					685,892
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	1,083,429
b From 2016......	899,256
c From 2017......
d From 2018......	1,027,106
e From 2019......
fTotal of lines 3a through e........		3,009,791
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,825,000
a Applied to 2019, 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 2020 distributable amount.....					685,892
e Remaining amount distributed out of corpus		1,139,108
5 Excess distributions carryover applied to 2020.		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		4,148,899
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 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					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 2015 not applied on line 5 or line 7 (see instructions) ...		1,083,429
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		3,065,470
10 Analysis of line 9:
a Excess from 2016....	899,256
b Excess from 2017....
c Excess from 2018....	1,027,106
d Excess from 2019....
e Excess from 2020....	1,139,108

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
SUMMIT 54 1550 LARIMER STREET SUITE 770 DENVER,CO80202	NONE	PC	GENERAL SUPPORT	100,000
UCLA FOUNDATION 10889 WILSHIRE BLVD SUITE 1500 LOS ANGELES,CA90024	NONE	PC	GENERAL SUPPORT	500,000
LIFE INTER-FAITH TEAM ON UNEMPLOYMENT & POVERTY DBA LIFT-UP PO BOX 1928 RIFLE,CO81650	NONE	PC	GENERAL SUPPORT	200,000
THE ASPEN INSTITUTE INC 2300 N STREET NW NO 700 WASHINGTON,DC20037	NONE	PC	GENERAL SUPPORT	1,000,000
FRIENDS OF CASITA LINDA AC INC PO BOX 514 EAST FALMOUTH,MA02536	NONE	PC	GENERAL SUPPORT	25,000
Total ................................. 3a				1,825,000

bApproved for future payment

Total ................................. 3b				0

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 ...........
4 Dividends and interest from securities....			14	324,711
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
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	1,571
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aNONDIVIDEND DISTRIBUTION			18	1,436
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		327,718	0

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

327,718

(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:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Name of Bond	End of Year Book Value	End of Year Fair Market Value
SUMITOMO MITSUI FINL GRP	64,743	65,311
B P CAP MARKETS AMERICA	59,510	62,386
BANCO SANTANDER SA	69,651	73,698
SHIRE ACQ INV IRELAND DA	66,305	68,923
TELEFONICA EMISIONES SAU	78,265	75,420
HSBC HOLDINGS PLC	63,734	66,203
DOWDUPONT INC	61,254	66,190
JPMORGAN CHASE & CO	75,947	78,875
GOLDMAN SACHS GROUP INC	68,244	70,730
BANK OF AMERICA CORP	63,816	68,910
UNITEDHEALTH GROUP INC	56,740	59,332
AMAZON.COM INC ( AMZN )	59,977	60,868
GLAXOSMITHKLINE CAPITAL	64,661	69,735
GENERAL DYNAMICS CORP	34,749	35,337
AERCAP IRELAND CAP LTD/A	71,724	70,879
FORD MOTOR CREDIT CO LLC	35,112	35,018
VERIZON COMMUNICATIONS	71,828	72,164
FISERV INC	74,213	76,238
EBAY INC	62,582	65,532
ELECTRONIC ARTS INC	65,934	65,147
ABBVIE INC	61,533	65,419
AMGEN INC	64,214	67,007
BANK OF NOVA SCOTIA	74,906	77,451
S P D R BLOOMBERG BARCLAYS HIGH YIELD BOND ETF	307,436	308,764
JOHN DEERE	61,920	67,204
KIMCO RLTY CORP	75,960	79,172
LLOYDS BANKING GROUP PLC	65,852	67,912
CONSTELLATION BRANDS INC	76,031	77,136
COMCAST CORP CL A ( CMCSA )	68,012	68,918
MCCORMICK & CO	65,523	67,289
CITIGROUP INC	75,258	77,120
DEUTSCHE BANK AG	75,247	75,673
MORGAN STANLEY	85,170	89,062
DISCOVERY COMMUNICATIONS	33,810	35,819
CREDIT SUISSE GRP FDG GUERNS	66,347	70,000
ISHARES BROAD USD INVESTMENT	226,878	240,134
ISHARES CORE US AGGREGATE	151,884	166,057
C V S HEALTH CORP	16,413	16,984
BARCLAYS PLC	80,134	81,318
REPUBLIC SERVICES INC	60,755	64,062
BIOGEN INC	78,357	79,065
RABOBANK NEDERLAND	81,869	85,018
BNYM HIGH YIELD - I	1,289	155,072
BOSTON PROPERTIES LP	74,337	76,052
WELLS FARGO & COMPANY	62,517	67,280
ORACLE CORP	63,735	64,421

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES ( ABT )	26,613	41,606
O'REILY AUTOMOTIVE INC.	24,805	28,964
NVIDIA CORP	46,390	98,174
NIKE INC CLASS B STOCK ( NKE )	33,110	66,632
NEXTERA ENERGY INC ( NEE )	23,672	44,438
NETFLIX COM INC ( NFLX )	11,238	17,303
MONDELEZ INTERNATIONAL ( MDLZ )	29,142	39,175
MICROSOFT CORPORATION ( MSFT )	121,486	226,646
MICRON TECHNOLOGY INC ( MU )	43,596	76,684
MEDTRONIC, PLC ( MDT )	37,264	46,153
LUMENTUM HOLDINGS INC	16,400	19,908
OTIS WORLDWIDE CORPORATION	18,842	25,331
K L A - TENCOR CORP ( KLAC )	19,188	29,775
ISHARES TR ( IJH ) S & P MIDCAP 400 INDEX FD	1,057,028	1,246,138
ISHARES MSCI EAFE SMALL CAP INDEX ( SCZ ) FUND	304,073	352,208
ISHARES MSCI EAFE INDEX FD ( EFA )	347,264	394,203
ISHARES DOW JONES EPAC SELECT ( IDV ) DIVIDEND INDEX FUND	357,621	342,147
ISHARES DJ SELECT DIVIDEND INDEX ( DVY ) FUND	520,701	498,789
INTUIT ( INTU )	19,477	26,210
ILLINOIS TOOL WKS INC ( ITW )	42,155	51,989
HONEYWELL INTL INC ( HON )	44,612	61,470
HOME DEPOT INC ( HD )	34,569	45,421
G Q G PARTNERS EMERGING MARKETS ( GQGIX ) EQUITY FUND	0	32,310
FACEBOOK INC. ( FB )	68,608	114,727
EXXON MOBIL CORP ( XOM )	24,211	14,015
JP MORGAN CHASE & CO ( JPM )	69,503	78,910
EXELON CORP ( EXC )	24,550	26,176
PARNASSUS MID CAP FUND ( PFPMX )	0	188,819
PFIZER INC ( PFE )	34,384	36,442
VOYA FINANCIAL INC ( VOYA )	35,946	41,755
VISA INC-CLASS A SHRS ( V )	58,044	93,835
VIATRIS	1,886	2,286
VERTEX PHARMACEUTICALS INC ( VRTX )	12,276	16,780
VANGUARD TOTAL STOCK MARKET ( VTI ) VIPERS	493,282	914,613
VANGUARD SMALL-CAP VIPERS ( VB )	587,682	735,501
VANGUARD EMERGING MARKETS ETF ( VWO )	620,531	716,072
VALERO ENERGY CORP NEW ( VLO )	22,126	13,860
UNITEDHEALTH GROUP INC ( UNH )	42,325	61,720
TRUIST FINL CORP ( TFC )	36,705	39,542
TRANE TECHNOLOGIES PLC	33,643	64,451
TRADE DESK INC	11,021	40,851
PAYPAL HOLDINGS, INC. ( PYPL )	52,551	114,055
THERMO FISHER SCIENTIFIC INC. ( TMO )	23,915	42,386
THE PROCTER & GAMBLE COMPANY ( PG )	48,102	64,839
TEXAS INSTRUMENTS INC ( TXN )	39,071	54,819
T -MOBILE US, INC. ( TMUS )	11,844	22,925
SYNCHRONY FINANCIAL ( SYF )	25,714	28,462
SQUARE, INC. ( SQ )	23,335	71,821
SPDR S&P 500 ETF TRUST ( SPY )	403,353	517,450
SEMPRA ENERGY	26,316	21,277
SCHWAB CHARLES CORP NEW ( SCHW )	26,046	27,581
SALESFORCE.COM INC ( CRM )	14,713	29,596
S & P GLOBAL INC. ( SPGI )	33,351	48,323
RAYTHEON TECHNOLOGIES CORP	14,974	13,587
PIONEER NATURAL RESOURCES COMPANY ( PXD )	25,480	17,197
PHILIP MORRIS INTERNATIONAL INC ( PM )	45,417	43,134
THE WALT DISNEY COMPANY ( DIS )	33,346	54,173
YUM! BRANDS INC ( YUM )	32,776	40,927
ELI LILLY & CO.	30,826	32,417
COMCAST CORP CL A ( CMCSA )	22,861	32,488
COCA - COLA CO ( KO )	42,071	42,775
CME GROUP INC ( CME )	43,920	43,146
CHEVRON CORPORATION ( CVX )	54,670	40,283
CHARTER COMMUNICATIONS INC	38,726	48,955
CENTENE CORP	27,460	25,213
CELANESE CORP ( CE )	35,512	42,750
BRISTOL-MYERS SQUIBB COMPANY ( BMY )	32,979	37,218
BOSTON SCIENTIFIC CORPORATION ( BSX )	35,453	35,231
BIOMARIN PHARMACEUTICAL INC.	16,069	11,400
CONSTELLATION BRANDS INC-A ( STZ )	17,606	18,619
BANK OF AMERICA CORPORATION ( BAC )	43,693	43,950
AT&T INC ( T )	8,002	6,615
APPLE INC ( AAPL )	116,298	283,426
AMGEN INC ( AMGN )	18,811	20,463
AMERICAN INTERNATIONAL GROUP INC ( AIG )	52,858	47,704
AMAZON.COM INC ( AMZN )	78,511	179,131
ALPHABET, INC. ( GOOGL )	88,054	131,448
AIRPRODUCTS & CHEMICALS INC.	26,241	33,333
ADVANCED MICRO DEVICES INC ( AMD )	17,395	61,446
ADOBE SYSTEMS INC ( ADBE )	22,113	51,512
ABBVIE INC. ( ABBV )	47,593	62,147
ATLASSIAN CORPORATION PLC ( TEAM )	5,650	24,089
COSTCO WHSL CORP NEW ( COST )	24,109	44,460
C S X CORP ( CSX )	37,976	54,450
DOLLAR GENERAL CORP	19,601	28,811
EATON CORP PLC ( ETN )	25,277	38,445
DEERE & CO ( DE )	38,375	62,420
CVS HEALTH CORPORATION ( CVS )	18,568	21,856
CROWDSTRIKE HOLDING INC.	14,828	40,246

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMERICAN TOWER CORPORATION ( AMT )	AT COST	19,281	26,037
PORTFOLIO ADVISORS (OFFSHORE) PRIVATE EQUITY FUND III, LP	FMV	69,473	69,472
EQUINIX, INC. ( EQIX )	AT COST	29,099	41,422
VANGUARD REAL ESTATE ETF ( VNQ )	AT COST	213,557	214,958

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Description	Amount
CUMULATIVE PRIOR YEAR DIFFERENCE	314,430

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSES	2,034	2,034		0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
NONDIVIDEND DISTRIBUTION	1,436		1,436

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BNY MANAGEMENT FEES	44,190	44,190		0

- TIN:

TY 2020 TaxesSchedule

Name:

THE MELVIN AND BREN SIMON CHARITABLE

FOUNDATION NUMBER ONE

EIN:

35-2049367

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	2,147	2,147		0