TY 2021 Form 990PF

- TIN:

Form990-PF
Click to see attachment

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. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

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 160
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

$122,030,604J 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	574,418		574,418
4	Dividends and interest from securities...	91,518		91,518
5a	Gross rents............	3,892,128		2,528,838
b	Net rental income or (loss) 486,872
6a	Net gain or (loss) from sale of assets not on line 10		2,634,663
b	Gross sales price for all assets on line 6a 11,167,304
7	Capital gain net income (from Part IV, line 2)...			2,634,663
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).......			1,189,914
12	Total. Add lines 1 through 11........	7,192,727		7,019,351
13	Compensation of officers, directors, trustees, etc.	499,967		302,982	196,985
14	Other employee salaries and wages......	56,494		14,123	42,370
15	Pension plans, employee benefits.......	32,134		8,034	11,566
16a	Legal fees (attach schedule).........		15,796	11,847	3,949
b	Accounting fees (attach schedule).......		9,000	4,500	4,500
c	Other professional fees (attach schedule)....		156,905	152,806	4,099
17	Interest...............	456,270		172,093
18	Taxes (attach schedule) (see instructions)...		1,052,716	406,235
19	Depreciation (attach schedule) and depletion...		1,402,377	887,633
20	Occupancy..............	42,282		10,571	31,712
21	Travel, conferences, and meetings.......	1,301			1,301
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,007,238	720,828	51,444
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	4,732,480		2,691,652	347,926
25	Contributions, gifts, grants paid.......	3,435,001			3,435,001
26	Total expenses and disbursements. Add lines 24 and 25	8,167,481		2,691,652	3,782,927
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-974,754
b	Net investment income (if negative, enter -0-)			4,327,699
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

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.............	2,167,917	2,124,158	2,124,158
	2	Savings and temporary cash investments.........	36,858,852	21,306,409	21,306,409
	3	Accounts receivable 12,067,931
		Less: allowance for doubtful accounts	488,826	12,067,931	12,067,931
	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..........	272,128	487,193	487,193
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,576,103	3,370,574	3,370,574
	c	Investments—corporate bonds (attach schedule).......	9,034,561	19,389,046	19,389,046
	11	Investments—land, buildings, and equipment: basis 44,575,479
		Less: accumulated depreciation (attach schedule) 4,072,587	49,017,477	40,502,892	44,575,479
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	17,657,185	16,730,935	18,525,000
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	242,543	234,675	184,814
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	117,315,592	116,213,813	122,030,604
	17	Accounts payable and accrued expenses..........	388,874	480,032
	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 )	341,597	369,567
	23	Total liabilities (add lines 17 through 22).........	11,655,471	11,774,599
		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	105,660,121	104,439,214
	29	Total net assets or fund balances (see instructions).....	105,660,121	104,439,214
	30	Total liabilities and net assets/fund balances (see instructions).	117,315,592	116,213,813

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

105,660,121

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

-974,754

Other increases not included in line 2 (itemize) bullet

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

104,685,367

Decreases not included in line 2 (itemize) bullet

246,153

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

104,439,214

Form 990-PF (2021)

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	Publicly Traded Securities	P	2020-12-30	2021-12-31
b	Building - Foothills	P	2018-04-09	2021-11-05
c	Building - Villa on Cheney	P	2018-04-06	2021-02-26
d
e

(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	100,772			100,772
b	1,640,001	81,329	978,687	742,643
c	9,426,531	567,620	8,202,903	1,791,248
d
e

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			100,772
b			742,643
c			1,791,248
d
e

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	2,634,663
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

Form 990-PF (2021)

Page 4

Part V

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	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	60,155
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	60,155
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	147,684
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	147,684
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	87,529
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax87,529	Refunded	11

Part VI-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 XIV..................................

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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

Form 990-PF (2021)

Page 5

Part VI-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 2021, 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 VI-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? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

1a(5)

(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.) ...............

1a(6)

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 2021? .............

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 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

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

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

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 2021? ..

Form 990-PF (2021)

Page 6

Part VI-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))? ..........

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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?

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

Part VII

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	339,981
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	President 40.00	339,981
JOHN KELLY	Director 2.00	0
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	Director 2.00	0
CURT CHRISTENSEN	Treasurer 40.00	159,986
8800 GAINEY CENTER DR STE 160 SCOTTSDALE,AZ85258	Treasurer 40.00	159,986
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
Kimberly Riley	admin assistant 40.00	56,494
8800 Gainey Center Dr Ste 160 Scottsdale,AZ85258	admin assistant 40.00	56,494








Total number of other employees paid over $50,000...................

Form 990-PF (2021)

Page 7

Part VII

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
RUSS LYONS SOTHEBYS INTERNATIONAL	real estate	475,000
6900 E Camelback Rd 110 scottsdale,AZ85251	real estate	475,000
Ballard Spahr	Legal	141,471
1 E Washington St 2300 Phoenix,AZ85004	Legal	141,471
JLL	Real Estate Services	132,609
4300 E Camelback Rd Ste 100 Phoenix,AZ85018	Real Estate Services	132,609
Hannay Realty Advisors	Property Management	74,786
2999 N 44th St 400 Phoenix,AZ85018	Property Management	74,786
JP Morgan	Investment Advisory	152,806
277 Park Avenue New York,NY10172	Investment Advisory	152,806

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-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 VIII-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 (2021)

Page 8

Part IX

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

51,678,312

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

3,078,970

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

68,209,945

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

122,967,227

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

112,042,227

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

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

1,680,633

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

110,361,594

Minimum investment return. Enter 5% (0.05) of line 5................

5,518,080

Part X

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 IX, line 6..................

5,518,080

Tax on investment income for 2021 from Part V, line 5.......

60,155

Income tax for 2021. (This does not include the tax from Part V.) ...

32,477

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

92,632

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

5,425,448

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

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

5,425,448

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

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

5,425,448

Part XI

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 ..........

Program-related investments—total from Part VIII-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 XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7			5,425,448
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......		3,435,001
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $ 3,782,927
a Applied to 2020, but not more than line 2a		3,435,001
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 2021 distributable amount.....			347,926
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(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 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........			5,077,522
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 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(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) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, 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 IX, 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 XIV

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 (2021)

Page 11

Part XIV

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	Public Awareness Campaign	200,000
American Cancer Society Inc 250 Williams Street 4th Floor ATLANTA,GA30303	NONE	PC	AZ Discovery Boost Grants Program	500,000
Boys Girls Club of Greater Phoenix 4309 E Belleview St Bldg 14 PHOENIX,AZ85008	NONE	PC	Academic Success STEM program	250,000
Boys Girls Club of Tucson PO Box 40217 TUCSON,AZ85717	NONE	PC	Spark Tech Zones Project	100,000
Boys and Girls Club GREATER Scottsd 10533 E Lakeview Drive SCOTTSDALE,AZ85258	NONE	PC	Power Hour, America Reads, Torch & Keystone Clubs, and SMART Girls	200,000
Help in Healing Home Foundation 5811 E Mayo Blvd PHOENIX,AZ85054	NONE	PC	General Support	40,000
Make-A-Wish Foundation of Arizona 2901 North 78th Street SCOTTSDALE,AZ85251	NONE	PC	Arizona Wishes	250,000
McKenna Youth Foundation 29645 North 45th Street CAVE CREEK,AZ85331	NONE	PC	Holiday Party and Bicycles for 250 children	30,000
National Kidney Foundation of Arizo 360 E Coronado Road Ste 180 PHOENIX,AZ85004	NONE	PC	Fund the direct aid of kidney patients in Arizona	730,000
Parkinson's Foundation Inc 200 SE 1st Street Ste 800 MIAMI,FL33131	NONE	PC	Project PDGENEration Initiative Arizona for patients in AZ	435,001
Southwest Human Development 2850 N 24th Street PHOENIX,AZ85008	NONE	PC	Birth to Five Center of Excellence, Smooth Way Home	500,000
American Parkinson Disease Assoc 135 Parkinson Avenue STATEN ISLAND,NY10305	NONE	PC	Meet the needs of the underserved PD patients in Arizona through the bilingual referral program and work with Banner Neuro Wellness	200,000
Total ................................. 3a				3,435,001

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-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	574,418
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......		155,651	16	122,273
bNot debt-financed property.....				208,948
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	2,634,663
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPARTNERSHIP INCOME
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		155,651		3,631,820

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

3,787,471

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

Part XV-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 XV-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 (2021)

Page 13

Part XVI

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 (2021)

Additional Data

Software ID:	21013485
Software Version:	2021v4.1

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	9,000	4,500	0	4,500

- TIN:

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

TY 2021 AmortizationSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

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	8,646		3,459	12,105
Lease Commissions - Warner	2019-10-01	15,201	5,182	3.6660	4,146	9,328
Lease Commissions - Warner	2020-06-30	3,200	1,600	1.0000	1,600	3,200
Lease Commissions - Warner	2020-06-30	3,471	579	3.0000	1,157	1,736
Lease Commissions - Warner	2021-06-30	3,511		3.0000	585	585

- TIN:

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

TY 2021 DepreciationSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

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	61,698	SL	2.56 %	19,631
Building - Villa on Cheney	2018-04-06	7,700,000	542,941	SL	2.56 %	24,679
Building - Simone Moog	2019-07-24	7,947,455	297,173	SL	2.56 %	203,773
Building - Warner Courtyards	2018-07-03	13,595,129	871,469	SL	2.56 %	348,579
15 Year - Warner Courtyards	2018-07-03	1,949,551	324,990	SL	6.67 %	130,035
7 Year - Warner Courtyards	2018-07-03	278,383	99,435	SL	14.28 %	39,753
5 year - Warner Courtyards	2018-07-03	1,994,002	997,000	SL	20.00 %	398,800
Improvement - Warner Courtyard	2020-07-03	7,892	93	SL	2.56 %	202
Improvements - Warner Courtyards	2019-02-01	40,836	1,963	SL	2.56 %	1,047
Ten. Improv. - Warner Courtyards	2019-08-31	26,866	947	SL	2.56 %	689
Building - Industrial I	2020-06-10	8,643,667	120,233	SL	2.56 %	221,624
Improvements - Industrial I	2020-06-10	87,514	1,217	SL	2.56 %	2,244
Improvements - Industrial 1 2021	2021-06-30	813,843		SL	1.39 %	11,321

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BLACKROCK FDS V	30,511	30,511
BLACKROCK FDS V	15,022	15,022
DOUBLELINE FDS TR	14,977	14,977
FEDERATED HRMS INSTL	15,210	15,210
FINANCIAL SQAURE PRIME	5,723	5,723
GUGGENHEIM FDS TR	14,994	14,994
LORD ABBETT INVT TR	15,236	15,236
LORD ABBETT INVT TR	30,066	30,066
MAINSTAY FDS	15,251	15,251
METROPOLITAN WEST FDS	14,929	14,929
PGIM HIGH YIELD FUND	15,287	15,287
PIMCO INCOME FD	22,695	22,695
PIMCO INVESTMENT GRADE	29,770	29,770
PUTNAM DIVERSIFIED	28,872	28,872
BANK OF AMERICA CORP	631,798	631,798
BANK OF AMERICA CORP	161,438	161,438
CAPITAL ONE FINANCIAL	279,390	279,390
CENTERPOINT ENERGY INC	334,880	334,880
CITIGROUP INC	624,801	624,801
CITIGROUP INC	200,850	200,850
DISCOVER FINANCIAL	224,438	224,438
DISCOVER FINL SERVICES	99,225	99,225
GENERAL ELECTRIC COMPANY	222,750	222,750
GENERAL MTRS FINL CO INC	111,720	111,720
GENERAL MTRS FINL CO INC	472,940	472,940
GOLDMAN SACHS GROUP INC	276,410	276,410
GOLDMAN SACHS GROUP INC	432,234	432,234
HUNTINGTON NATIONAL BANK	427,969	427,969
KEYCORP NEW	322,213	322,213
M&T BK CORP	117,420	117,420
MARKEL CORP	156,764	156,764
SCHWAB CHARLES CORP NEW	503,580	503,580
SEMPRA ENERGY	153,122	153,122
TRUIST FINL CORP	159,803	159,803
TRUIST FINL CORP	530,633	530,633
WELLS FARGO & CO	294,975	294,975
WELLS FARGO & CO	332,365	332,365
ABBOTT LABS	154,705	154,705
AMAZON COM INC	126,362	126,362
AMAZON COM INC	35,588	35,588
AMERICAN EXPRESS CO	55,566	55,566
AMERICAN HONDA FIN CORP	111,972	111,972
ANTHEM INC	84,618	84,618
APPLE INC	84,364	84,364
APPLIED MATLS INC	84,979	84,979
AT&T INC SR GLBL NT 24	80,053	80,053
AVALONBAY COMMUNITIES INC	53,793	53,793
BANK AMER CORP	67,978	67,978
BANK AMER CORP	58,542	58,542
BB&T CORP	131,660	131,660
BOSTON PPTYS LTD
CAPITAL ONE FIN	64,192	64,192
CAPITAL ONE FIN CORP	61,708	61,708
CATERPILLAR FINANCIAL	154,448	154,448
CITIGROUP INC	78,091	78,091
CLOROX CO	111,836	111,836
COCA COLA CO	129,743	129,743
COMCAST CORP	42,752	42,752
COMCAST CORP	49,933	49,933
CONSOLIDATED EDISON CO N	57,847	57,847
DOWDUPONT INC	101,517	101,517
DUKE ENERGY CAROLINAS LLC	35,580	35,580
DUKE ENERGY PROGRESS LLC	55,020	55,020
ECOLAB INC	225,752	225,752
ENTERGY ARK INC	42,020	42,020
EOG RES INC
EXPRESS SCRIPTS HLDG CO	102,459	102,459
EXPRESS SCRIPTS HLDG CO
GENERAL DYNAMICS CORP	248,557	248,557
GILEAD SCIENCES INC	72,532	72,532
GOLDMAN SACHS GROUP INC	184,366	184,366
HERSHEY CO	145,129	145,129
INTERCONTINENTAL	114,265	114,265
INTL BUSINESS MACHINES	65,114	65,114
JOHN DEERE CAPITAL CORP	56,222	56,222
KEYCORP	107,504	107,504
LAM RESEARCH CORP	147,508	147,508
LOCKHEED MARTIN CORP	114,745	114,745
MARSH & MCLENNAN CO INC	55,879	55,879
MARSH & MCLENNAN COS INC	68,797	68,797
MIDAMERICAN ENERGY CO	46,490	46,490
NEXTERA ENERGY CAPITAL
ORACLE CORP	113,716	113,716
PHILLIPS 66 GRD SR NT	27,243	27,243
PROLOGIS LP	132,127	132,127
PUBLIC SVC ELEC GAS CO	72,943	72,943
RAYTHEON CO	55,630	55,630
RAYTHEON COMPANY
RYDER SYS INC
SCHWAB CHARLES CORP NEW	118,163	118,163
STRYKER CORP	251,054	251,054
STRYKER CORP	48,225	48,225
SUNTRUST BKS INC
TYCO ELECTRONICS GROUP S
TYCO ELECTRONICS GROUP S
US BANCORP	74,949	74,949
US BANCORP	87,223	87,223
UNION PACIFIC CORP	27,006	27,006
UNION PACIFIC CORP	58,667	58,667
UNION PACIFIC CORP	65,115	65,115
VERIZON COMMUNICATIONS	125,603	125,603
VISA INC	106,700	106,700
WALMART INC
WASTE MGMT INC DEL	73,485	73,485
WAST MGMT INC DEL	55,010	55,010
WAST MGMT INC DEL
WELLS FARGO & CO	242,812	242,812
WELLS FARGO & CO	50,136	50,136
WELLS FARGO & CO	6,030	6,030
Entergy miss
ALLY FINANCIAL	114,125	114,125
AMERICAN INTL GROUP INC	95,413	95,413
EDISON INTERNATIONAL	41,894	41,894
ENBRIDGE INC	133,200	133,200
M&T BK CORP	64,239	64,239
SVB	201,000	201,000
WELLS FARGO & CO	207,555	207,555
ACTIVISION BLIZZARD INC	175,252	175,252
ALLSTATE CORP	179,617	179,617
ALTRIA GROUP INC	192,597	192,597
ALTRIA GROUP INC	135,155	135,155
AMAZON COM INC	116,565	116,565
ANTHEM INC	105,318	105,318
AUTOMATIC DATA	310,572	310,572
BANK AMERICA FUNDING CORP	99,138	99,138
BERKSHIRE HATHAWAY	278,288	278,288
B CAPITAL MARKETS PLC	226,706	226,706
BURLINGTON NORTN SANTA	108,688	108,688
CAMDEN PPTY TR	223,332	223,332
CAPITAL ONE FINL CORP	71,698	71,698
CIGNA CORP NEW SR GLBL	37,437	37,437
CLOROX CO DEL SR NT	106,603	106,603
DUKE ENERGY OHIO INC	178,374	178,374
EATON CORP OHIO	180,300	180,300
ELECTRONIC ARTS INC	162,936	162,936
ENTERGY MISS INC	114,730	114,730
HOME DEPOT	176,362	176,362
HUNTINGTON BANCSHARES INC	118,310	118,310
INTEL CORP	284,473	284,473
INTERCONTINENTAL	218,281	218,281
MORGAN STANLEY	152,345	152,345
MORGAN STANLEY	91,913	91,913
ORACLE CORP	208,002	208,002
PAYPAL HOLDINGS	251,939	251,939
PRAXAIR INC SR	130,778	130,778
PUBLIC STORAGE	252,306	252,306
S&P GLOBAL INC SR GLBL	228,589	228,589
THE CHARLES SCHWAB CORP	112,192	112,192
TJX COS INC	92,914	92,914
TORONTO DOMINION BANK	147,854	147,854
UNITEDHEALTH GROUP INC	59,772	59,772

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	53,340	53,340
AMGEN INC	27,671	27,671
APPLE INC	62,682	62,682
ARES CAPITAL CORPORATION	52,551	52,551
BANK OF AMERICA CORP	43,956	43,956
BOEING CO	18,924	18,924
BROADCOM INC	51,902	51,902
CATERPILLAR INC	36,800	36,800
CISCO SYSTEMS INC	34,471	34,471
CLOROX CO
COHEN AND STEERS	15,096	15,096
CONAGRA BRANDS INC	30,018	30,018
CVS HEALTH CORPORATION	37,550	37,550
ELI LILLY AND CO	40,881	40,881
FIRST REPUBLIC BANK SAN	38,204	38,204
GILEAD SCIENCES INC	15,902	15,902
HOME DEPOT INC	45,651	45,651
HONEYWELL INTL INC	32,945	32,945
INTEL CORP	34,351	34,351
JOHNSON AND JOHNSON	22,410	22,410
LAM RESEARCH CORP	40,992	40,992
LOCKHEED MARTIN CORP	21,680	21,680
LUMEN TECHNOLOGIES INC
MERCK AND CO, INC	32,879	32,879
MICROSOFT CORP	61,547	61,547
NUVEEN INVT TR V	15,098	15,098
PEPSICO INC	33,352	33,352
PFIZER INC	31,887	31,887
PIONEER NATURAL RESOURCES	28,555	28,555
QUALCOMM INC	67,479	67,479
STARBUCKS CORP	21,055	21,055
TEXAS INSTRUMENTS	37,694	37,694
VERIZON COMMUNICATIONS	42,243	42,243
VIATRIS INC
WALMART INC	23,006	23,006
WALT DISNEY CO	31,598	31,598
ALLSTATE CORPORATION	76,668	76,668
AMERICAN EQUITY INVT	121,688	121,688
ASPEN INSURANCE HOLDINGS	68,588	68,588
AT&T INC	153,227	153,227
ATHENE HLDG LTD	153,580	153,580
ATHENE HLDG LTD	108,486	108,486
CITIZENS FINANCIAL GROUP	81,745	81,745
FIFTH THIRD BANCORP	172,190	172,190
GOLDMAN SACHS GROUP INC
MORGAN STANLEY	343,137	343,137
MORGAN STANLEY DEP SH	145,512	145,512
REGIONS FINANCIAL	49,708	49,708
REGIONS FINANCIAL	306,880	306,880
STATE STREET CORPORATION	54,757	54,757
VOYA FINANCIAL INC	212,025	212,025
Berkshire Hathaway
BERKSHIRE HATHAWAY	38,870	38,870
BLACKSTONE INC	41,405	41,405
ROCHE HOLDINGS LTD	24,966	24,966
CROWN CASTLE	32,772	32,772

- TIN:

TY 2021 InvestmentsLandSchedule2

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Buildings	34,408,187	4,052,864	30,355,323	44,575,479
Improvements	976,951	19,723	957,228
Land	9,190,341		9,190,341

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Broadway Office LLC	AT COST	16,730,935	18,525,000

- TIN:

TY 2021 LegalFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Legal Fees	15,796	11,847	0	3,949

- TIN:

TY 2021 MortgagesAndNotesPayableSch

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Total Mortgage Amount: 10,925,000

- TIN:

TY 2021 OtherAssetsSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Net Intangible Assets	57,729	49,861
Security Deposits	184,814	184,814	184,814

- TIN:

TY 2021 OtherExpensesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Amortization	10,947	10,947
BANK FEES	39	39
COMPUTER EXPENSES	6,399		6,399
DUES & SUBSCRIPTIONS	872		872
EQUIPMENT	114	114
INSURANCE	70,442	53,271	41,503
MEALS & ENTERTAINMENT	-1,059		-1,059
RENTAL BUILDING EXPENSES	915,755	656,457
Rental Expenses	2,011,563	2,011,563
Rental Expenses on Other Line items	-2,011,563	-2,011,563
SUPPLIES	1,516		1,516
TELEPHONE	2,213		2,213

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Description	Beginning of Year - Book Value	End of Year - Book Value
Tenant Deposits	214,065	284,814
Deferred Tenant Inducements	127,529	84,753
Rounding	3

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Fees	152,806	152,806	0	0
Professional Fees	4,099	0	0	4,099

- TIN:

TY 2021 TaxesSchedule

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Category	Amount	Net Investment Income
Excise Taxes	503,193
Property Taxes	549,433	406,145
TPT Tax	90	90

- TIN:

TY 2021 TransfersFrmControlledEntities

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Name	US / Foreign Address	EIN	Description	Amount
SIMONE BROADWAY LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	85-4245372	DISTRIBUTION. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING.	926,250
BROADWAY OFFICE LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	85-4271279	DISTRIBUTION. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING.	398,973
SIMONE FOOTHILL DRIVE LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	82-3971316	SALE PROCEEDS. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1,534,958
SIMONE VILLA LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	32-0558360	SALE PROCEEDS. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	9,022,312
SIMONE PRESIDIO NORTH LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	36-4893472	PROCEEDS. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	326,528
Total				12,209,021

- TIN:

TY 2021 TransfersToControlledEntities

Name:

Simone Charitable Foundation Inc

EIN:

82-3971316

Software ID:

21013485

Software Version:

2021v4.1

Name	US / Foreign Address	EIN	Description	Amount
SIMONE 12831 BUCKSKIN LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	82-3971316	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1
SIMONE 12856 BUCKSKIN LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	82-3971316	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1
SIMONE BELL TOWER LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	82-3971316	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1
SIMONE DATELAND LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	82-3971316	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1
SIMONE INDUSTRIAL I LLC	8800 GAINEY CENTER DR SCOTTSDALE,AZ85258	85-1214194	INVESTMENT. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	950,179
SIMONE OFFICE II LLC	8800 GAINEY CENTER DR sCOTTSDALE,AZ85258	32-0600425	DISTRIBUTIONS. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	904,852
SIMONE WARNER COURTYARDS LLC	8800 GAINEY CENTER DR sCOTTSDALE,AZ85258	83-0816279	DISTRIBUTIONS. THIS ENTITY IS NOT AN EXCESS BUSINESS HOLDING	1,330,000
SCF RIO SALADO CREATIVE OFFICE	8800 Gainey Center Dr 160 Scottsdale,AZ85258	82-3971316	Investment. This is not an excess business holding.	1,323,514
SCF National City LLC	8800 Gainey Center Dr 160 Scottsdale,AZ85258	87-3305139	Investment. This is not an excess business holding.	7,350,000
Total				11,858,549