Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$106,942,181J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,916,453 2,915,640  
5a Gross rents............ 1,095,402 695,014  
b Net rental income or (loss) -521,687
6a Net gain or (loss) from sale of assets not on line 10 7,675,668
b Gross sales price for all assets on line 6a 60,389,389
7 Capital gain net income (from Part IV, line 2)... 2,879,109
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)....... Click to see attachment
List of Attached Documents:
// Content
0 -460,661  
12 Total. Add lines 1 through 11........ 11,687,523 6,029,102  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 581,576 343,130   238,446
14 Other employee salaries and wages...... 69,692 17,423   52,269
15 Pension plans, employee benefits....... 35,331 19,104   16,227
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
17,415 4,594   12,821
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
112,851 99,598   13,253
17 Interest............... 508,804 189,655   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
547,978 182,902   4,828
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
650,261 315,005  
20 Occupancy.............. 43,359 10,840   32,519
21 Travel, conferences, and meetings....... 84 0   84
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
996,629 444,158   7,317
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,563,980 1,626,409   377,764
25 Contributions, gifts, grants paid....... 4,752,444 4,752,444
26 Total expenses and disbursements. Add lines 24 and 25 8,316,424 1,626,409   5,130,208
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,371,099
b Net investment income (if negative, enter -0-) 4,402,693
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 325,879 763,736 763,736
2 Savings and temporary cash investments......... 2,743,503 10,694,700 10,694,700
3 Accounts receivable right arrow415,614
Less: allowance for doubtful accounts right arrow   1,105,491 415,614 415,614
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow17,768,992
Less: allowance for doubtful accounts right arrow0 0 17,768,992 17,768,992
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 221,346 215,892 215,892
10a Investments—U.S. and state government obligations (attach schedule) 19,462,391 Click to see attachment
List of Attached Documents:
// Content
31,788,307 		31,788,307
b Investments—corporate stock (attach schedule)....... 7,906,900 Click to see attachment
List of Attached Documents:
// Content
5,693,450 		5,693,450
c Investments—corporate bonds (attach schedule)....... 8,393,879 Click to see attachment
List of Attached Documents:
// Content
4,821,659 		4,821,659
11 Investments—land, buildings, and equipment: basis right arrow23,396,567
Less: accumulated depreciation (attach schedule) right arrow3,765,372 39,668,420 Click to see attachment
List of Attached Documents:
// Content
19,631,195 		15,601,500
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 29,030,781 Click to see attachment
List of Attached Documents:
// Content
23,100,531 		18,842,500
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
587,598 		Click to see attachment
List of Attached Documents:
// Content
335,831 		Click to see attachment
List of Attached Documents:
// Content
335,831
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 109,446,188 115,229,907 106,942,181
Liabilities 17 Accounts payable and accrued expenses.......... 381,366 205,684
18 Grants payable.................    
19 Deferred revenue................. 149,360 17,881
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
368,459 		Click to see attachment
List of Attached Documents:
// Content
19,759
23 Total liabilities (add lines 17 through 22)......... 11,824,185 11,168,324
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 97,622,003 104,061,583
29 Total net assets or fund balances (see instructions)..... 97,622,003 104,061,583
30 Total liabilities and net assets/fund balances (see instructions). 109,446,188 115,229,907
Part III
Analysis of Changes in Net Assets or Fund Balances
1
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) ...............
1
97,622,003
2
Enter amount from Part I, line 27a .....................
2
3,371,099
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,068,481
4
Add lines 1, 2, and 3 ..........................
4
104,061,583
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
104,061,583
Form 990-PF (2024)
Form 990-PF (2024)
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 SALE OF INDUSTRIAL I P 2020-06-01 2024-01-05
b SALE OF OFFICE II P 2019-07-24 2024-08-15
c NON UBI PASS THRU - BROADWAY OFFICE LLC P    
d PUBLICLY TRADED INVESTMENTS      
e US TREASURIES P    
INDUSTRIAL I - INSTALLMENT SALE DEFERRAL P    
OFFICE II - INSTALLMENT SALE DEFERRAL P    
SALE OF PTP P    
CAPITAL GAINS DIVIDENDS P    
(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 20,300,000 1,139,400 14,592,061 6,847,339
b 10,900,000 1,027,372 10,534,178 1,393,194
c     536,973 -536,973
d 9,084,047   9,651,151 -567,104
e 20,100,000   20,100,000 0
    3,423,670 -3,423,670
    835,916 -835,916
3,103   3,103 0
2,239     2,239
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       6,847,339
b       1,393,194
c       -536,973
d       -567,104
e       0
      -3,423,670
      -835,916
      0
      2,239
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,879,109
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 ................... 		Bracket 3  
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 61,197
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 0
3 Add lines 1 and 2........................... 3 61,197
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 61,197
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 165,791
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.............. 7 165,791
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 104,594
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow82,594 Refundedright arrow 11 22,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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? ................
6
Yes
 
7
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..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAZ
b
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 .
8b
Yes
 
9
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
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 .............
11
Yes
 
12
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.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowCURT CHRISTENSEN Telephone no.right arrow (480) 948-8161

Located atright arrow8800 E GAINEY CENTER DR 160SCOTTSDALEAZ ZIP+4right arrow85258
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
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
No
1a
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)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(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)
 
No
(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)
 
No
b
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 ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2024? .............
1d
 
No
2
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)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
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.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 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 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(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)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(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)
 
No
b
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 ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
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? .........................
8
 
No
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-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MARK GRAYSON PRESIDENT
40.00 		359,414 19,765 0
8800 E GAINEY CENTER DR 160
SCOTTSDALE,AZ85258
CURT CHRISTENSEN TREASURER
40.00 		190,941 11,456 0
8800 E GAINEY CENTER DR 160
SCOTTSDALE,AZ85258
JAMES GEAVES DIRECTOR
2.00 		0 0 0
8800 E GAINEY CENTER DR 160
SCOTTSDALE,AZ85258
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 		66,676 4,001 0
8800 E GAINEY CENTER DR 160
SCOTTSDALE,AZ85258
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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
COLLIERS COMMERCIAL REAL ESTATE 1,640,031
2390 E CAMELBACK ROAD STE 100
PHOENIX,AZ85016
HANNAY REALTY ADVISORS MAINTENANCE PROPERTY MANAGEMENT 295,003
2999 N 44TH ST 400
PHOENIX,AZ85018
JP MORGAN INVESTMENT ADVISORY 86,345
277 PARK AVENUE
NEW YORK,NY10172
ACE BUILDING MAINTENANCE JANITORIAL SERVICES 84,906
7020 N 55TH AVE
GLENDALE,AZ85301
WESTERN INNOVATIONS LANDSCAPE AND GROUNDS MAINTENACE 78,138
2614 W BASELINE RD
MESA,AZ85202
Total number of others receiving over $50,000 for professional services.............right arrow8
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.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
52,851,774
b
Average of monthly cash balances.......................
1b
948,057
c
Fair market value of all other assets (see instructions)................
1c
52,864,257
d
Total (add lines 1a, b, and c).........................
1d
106,664,088
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
10,925,000
3
Subtract line 2 from line 1d.........................
3
95,739,088
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,436,086
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
94,303,002
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,715,150
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.)
1
Minimum investment return from Part IX, line 6..................
1
4,715,150
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
61,197
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
1,294
c
Add lines 2a and 2b............................
2c
62,491
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,652,659
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,652,659
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,652,659
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
5,130,208
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,130,208
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,652,659
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 4,745,234
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,130,208
a Applied to 2023, but not more than line 2a 4,745,234
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 2024 distributable amount..... 384,974
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 0
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		4,267,685
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 right arrow 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 (2024)
Form 990-PF (2024)
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)
aPaid during the year

ALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC

225 N MICHIGAN AVE STE 1700
CHICAGO,IL60601 		NONE PC PUBLIC AWARENESS CAMPAIGN 402,638

AMERICAN CANCER SOCIETY INC

250 WILLIAMS STREET 4TH FLOOR
ATLANTA,GA30303 		NONE PC AZ DISCOVERY BOOST GRANTS PROGRAM 380,250

AMERICAN PARKINSON DISEASE ASSOCIATION

135 PARKINSON AVENUE
STATEN ISLAND,NY10305 		NONE PC MEET THE NEEDS OF THE UNDERSERVED PD PATIENTS IN ARIZONA THROUGH BILINGUAL REFERRAL PROGRAM AND WORK WITH BANNER NEURO WELLNESS 350,000

BARROW NEUROLOGICAL FOUNDATION

2910 N 3RD AVE STE 450
PHOENIX,AZ85013 		NONE PC MEDCIAL RESEARCH AND STUDIES FOR PARKINSONS AND ALZHEIMERS 355,556

BOYS & GIRLS CLUB OF GREATER SCOTTSDALE

10533 E LAKEVIEW DRIVE
SCOTTSDALE,AZ85258 		NONE PC POWER HOUR, AMERICAN READS, TORCH AND KEYSTONE CLUBS, AND SMART GIRLS 331,000

BOYS & GIRLS CLUB OF THE VALLEY INC

4309 E BELLEVIEW ST BLDG 14
PHOENIX,AZ85008 		NONE PC ACADEMIC SUCCESS STEM PROGRAM 450,000

BOYS & GIRLS CLUB OF TUCSON

PO BOX 40217
TUCSON,AZ85717 		NONE PC SPARK TECH ZONES PROJECT 250,000

HELP IN HEALING HOME FOUNDATION

5811 E MAYO BLVD
PHOENIX,AZ85054 		NONE PC GENERAL SUPPORT 80,000

MAKE-A-WISH FOUNDATION OF ARIZONA INC

2901 NORTH 78TH STREET
SCOTTSDALE,AZ85251 		NONE PC ARIZONA WISHES 500,000

MCKENNA YOUTH FOUNDATION

29645 NORTH 45TH STREET
CAVE CREEEK,AZ85331 		NONE PC HOLIDAY PARTY AND BICYCLES FOR 250 CHILDREN 45,000

NATIONAL KIDNEY FOUNDATION OF ARIZONA

360 E CORONADO ROAD STE 180
PHOENIX,AZ85004 		NONE PC FUND THE DIRECT AID OF KIDNEY PATIENTS IN ARIZONA 858,000

SOUTHWEST HUMAN DEVELOPMENT

2850 N 24TH STREET
PHOENIX,AZ85008 		NONE PC BIRTH TO FIVE CENTER OF EXCELLENCE, SMOOTH WAY HOME 750,000
Total .................................right arrow 3a 4,752,444
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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
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 2,916,453  
5 Net rental income or (loss) from real estate:
aDebt-financed property...... 531120 -2,668,560 16 -569,862  
bNot debt-financed property.....     16 2,716,735  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 3,317 18 7,672,351  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -2,665,243 12,735,677 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
10,070,434
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		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 (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
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
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
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
2a
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? ...........
b
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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TY 2024 AmortizationSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
LOAN FEE -WARNER COURTYARDS 2018-07-03 51,864 19,022 180.000000000000 3,458 3,458   22,480
LEASE COMMISSIONS- WARNER 2019-10-01 15,201 15,201 44.000000000000   0   15,201
LEASE COMMISSIONS- WARNER 2020-06-30 3,471 3,471 36.000000000000   0   3,471
LEASE COMMISSIONS- WARNER 2021-06-30 3,511 2,925 36.000000000000 586 586   3,511
LEASE COMMISSIONS- WARNER 2022-04-01 5,339 5,339 17.000000000000   0   5,339
LEASE COMMISSIONS- INDUSTRIAL 2022-06-30 317,163 31,716 240.000000000000   0   31,716
LEASE COMMISSIONS- WARNER 2022-10-01 45,356 3,402 240.000000000000 2,268 2,268   5,670
LEASE COMMISSIONS- WARNER 2024-01-01 45,356   64.000000000000 8,504 8,504   8,504
LEASE COMMISSIONS- WARNER 2024-07-01 28,334   64.000000000000 2,656 2,656   2,656

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TY 2024 DepreciationSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING SIMONE MOOG 2019-07-24 7,947,455 908,500 SL 39.000000000000 118,872 118,872    
BUILDING - WARNER COURTYARDS 2018-07-03 13,595,129 1,917,220 SL 39.000000000000 348,593 348,593    
15 YEAR- WARNER COURTYARDS 2018-07-03 1,949,551 715,030 SL 15.000000000000 129,970 129,970    
7 YEAR- WARNER COURTYARDS 2018-07-03 278,383 218,738 SL 7.000000000000 39,769 39,769    
5 YEAR WARNER COURTYARDS 2018-07-03 1,994,002 1,994,002 SL 5.000000000000 0 0    
IMPROVEMENT- WARNER COURTYARDS 2020-07-03 7,892 1,023 SL 15.000000000000 526 526    
IMPROVEMENT- WARNER COURTYARDS 2019-02-01 40,836 6,779 SL 15.000000000000 2,722 2,722    
TEN. IMPROV.- WARNER COURTYARDS 2019-08-31 26,866 4,116 SL 15.000000000000 1,791 1,791    
BUILDING- INDUSTRIAL I 2020-06-10 8,643,667 785,113 SL 39.000000000000 0 0    
IMPROVEMENT- INDUSTRIAL I 2021-06-10 87,514 11,539 SL 15.000000000000 0 0    
IMPROVEMENTS- INDUSTRIAL I 2021-06-30 813,843 119,860 SL 15.000000000000 0 0    
IMPROVEMENTS- WARNER 2022-10-01 326,573 24,483 SL 15.000000000000 21,772 21,772    
IMPROVEMENTS- INDUSTRIAL I 2022-02-28 1,477,000 184,576 SL 15.000000000000 0 0    
LAND - OFFICE II 2018-07-03 1,986,864   L   0 0    
IMPROVEMENT- WARNER COURTYARDS 2023-07-01 33,336 1,111 SL 15.000000000000 2,222 2,222    
IMPROVEMENT- WARNER COURTYARDS 2023-09-01 19,430 432 SL 15.000000000000 1,295 1,295    
INDUSTRIAL I - A/C UNITS 2023-03-15 25,467 4,245 SL 5.000000000000 0 0    
INDUSTRIAL I - NEW TENANT BUILD OUT 2023-04-15 42,129 2,106 SL 15.000000000000 0 0    
INDUSTRIAL I - LOADING DOOR AND DOCK 2023-08-15 8,828 245 SL 15.000000000000 0 0    
WARNER COURTYARD L/T ASSETS TI 2024-07-31 30,821   SL 15.000000000000 856 856    
WARNER COURTYARDS LANDLORD WORK 2024-05-01 21,589   SL 39.000000000000 369 369    
LAND - WARNER 2018-07-03 4,370,000   L   0 0    
LAND - SCF 2018-07-03 672,560   L   0 0    
LAND - INDUSTRIAL 2018-07-03 2,160,917   L   0 0    
WARNER COURTYARDS LANDLORD WORK 2024-12-01 225,099   SL 39.000000000000 481 481    

TY 2024 InvestmentsCorpBondsSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 58,295 58,295
ALLSTATE CORP 65,137 65,137
AMAZON COM INC 47,310 47,310
AMAZON COM INC 49,537 49,537
AMERICAN EXPRESS 79,728 79,728
AMPHENOL CORP NEW 51,116 51,116
APPLIED MATERIALS INC 32,849 32,849
AUTOMATIC DATA 108,804 108,804
BANK OF AMERICA CORP 22,166 22,166
BANK OF AMERICA CORP 36,417 36,417
BANK OF AMERICA FUNDING CORP 89,330 89,330
BANK OF NY MELLON CORP 89,979 89,979
BERKSHIRE HATHAWAY 104,712 104,712
BP CAP MKTS PLC 94,778 94,778
BRISTOL MYERS SQUIBB CO 91,432 91,432
BROWN FORMAN CORP 45,829 45,829
BURLINGTON NORTHERN SANTA 41,777 41,777
CAMDEN PPTY TR 82,666 82,666
CAPTIAL ONE FINL CORP 23,432 23,432
CATERPILLAR FINL SVCS 64,285 64,285
CHURCH & DWIGHT CO INC 91,714 91,714
CLOROX CO DEL SR NT 39,974 39,974
COCA COLA CO 51,120 51,120
COLGATE PALMOTIVE CO 67,379 67,379
COMCAST CORP 19,829 19,829
CONSOLIDATED EDISON CO N 22,051 22,051
DUKE ENERGY OHIO INC 66,837 66,837
ECOLAB INC 88,130 88,130
ELECTRONIC ARTS INC 59,790 59,790
ELEVANCE HEALTH INC 39,886 39,886
ENTERGY MISS INC 51,573 51,573
ENTERPRISE PRODS OPER LLC 83,185 83,185
GENERAL DYNAMICS CORP 92,200 92,200
GOLDMAN SACHS GROUP INC 40,050 40,050
GOLDMAN SACHS GROUP INC 71,375 71,375
HERSHEY CO 53,207 53,207
HOME DEPOT 70,231 70,231
INTERCONTINENTAL 50,122 50,122
INTL BUSINESS MACHINES 56,858 56,858
INTUIT INC 80,159 80,159
LAM RESEARCH 54,001 54,001
LOCKHEED MARTIN CORP 69,876 69,876
LOCKHEED MARTIN CORP 22,784 22,784
MARSH & MCLENNAN COS INC 46,527 46,527
MARSH & MCLENNAN COS INC 27,945 27,945
META PLATFORMS INC 51,114 51,114
META PLATFORMS INC 46,383 46,383
MORGAN STANLEY 56,897 56,897
MORGAN STANLEY 35,721 35,721
MORGAN STANLEY 44,311 44,311
ORACLE CORP 51,919 51,919
PAYPAL HLDGS INC 98,795 98,795
PEPSICO INC SR NT 89,726 89,726
PRAXAIR INC SR 48,755 48,755
PROLOGIS LP 52,108 52,108
PUBLIC STORAGE 104,605 104,605
PUBLIC SVC ELEC GAS CO 28,864 28,864
REPUBLIC SERVICES INC 61,789 61,789
S&P GLOBAL INC SR GL BL 86,040 86,040
STATE STR CORP 90,144 90,144
STRYKER CORP 93,667 93,667
STRYKER CORP 22,693 22,693
THERMO FISHER SCIENTIFIC 52,161 52,161
TJX COS INC 36,629 36,629
TORONTO DOMINION BANK 53,051 53,051
TOYOTA MTR CR CORP 86,449 86,449
US BANKCORP 29,032 29,032
US BANKCORP 34,800 34,800
UNION PACIFIC CORP 18,913 18,913
UNION PACIFIC CORP 23,501 23,501
UNITED PARCEL SVC INC 45,570 45,570
UNITED HEALTH GROUP INC 24,185 24,185
UNITED HEALTH GROUP INC 53,334 53,334
VERIZON COMMUNICATIONS 47,458 47,458
VISA INC 41,523 41,523
WALMART INC 107,675 107,675
WASTE MGMT INC DEL 28,636 28,636
WELLS FARGO & CO 99,867 99,867
BLACKROCK FDS V 28,595 28,595
FEDERATED HRMS INSTL 18,978 18,978
GUGGENHEIM FDS TR 28,087 28,087
PGIM HIGH YIELD FUND 37,931 37,931
PGIM TOTAL RETURN BOND 74,738 74,738
PIMCO INCOME FD 90,633 90,633

TY 2024 InvestmentsCorpStockSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Name of Stock End of Year Book Value End of Year Fair Market Value
ALLSTATE CORPORATION 24,659 24,659
APOLOO GLOBAL MANAGEMENT 16,026 16,026
ASPEN INSURANCE HOLDINGS 25,385 25,385
AT&T INC 45,258 45,258
ATHENE HLDNG LTD 53,253 53,253
ATHENE HLDNG LTD 35,078 35,078
COREBRIDGE FINANCIAL INC 21,667 21,667
FIFTH THIRD BANCORP 53,197 53,197
KEYCORP NEW 26,951 26,951
MORGAN STANLEY 102,434 102,434
MORGAN STANLEY DEP SH 56,601 56,601
REGIONS FINANCIAL 20,968 20,968
REGIONS FINANCIAL 57,728 57,728
VOYA FINANCIAL INC 65,509 65,509
ALLY FINANCIAL INC 57,856 57,856
AMERICAN INTL GROUP INC 30,798 30,798
BANK OF AMERICA CORP 93,612 93,612
BANK OF AMERICA CORP 156,379 156,379
BP CAP MKTS PLC 23,628 23,628
CAPITAL ONE FINL CORP 106,527 106,527
CITIGROUP INC 51,512 51,512
CITIGROUP INC 156,075 156,075
CITIGROUP INC 24,255 24,255
CITIGROUP INC 42,715 42,715
CITIGROUP INC 46,855 46,855
DISCOVER FINANCIAL 97,340 97,340
DISCOVER FINL SVCS 34,808 34,808
DOMINION ENERGY INC 54,900 54,900
EDISON INTERNATIONAL 63,357 63,357
ENBRIDGE INC 23,642 23,642
ENBRIDGE INC 73,472 73,472
ENTERGY CORP NEW 31,596 31,596
GENERAL MTRS FINL CO INC 36,930 36,930
GENERAL MTRS FINL CO INC 165,822 165,822
GOLDMAN SACHS GROUP INC 49,031 49,031
GOLDMAN SACHS GROUP INC 162,767 162,767
GOLDMAN SACHS GROUP INC 89,648 89,648
GOLDMAN SACHS GROUP INC 75,021 75,021
HUNTINGTON NATIONAL BANK 160,055 160,055
KEYCORP NEW 93,905 93,905
M&T BK CORP 43,722 43,722
NEXTERA ENERGY CAP HLDGS 29,710 29,710
PNC FINL SVCS GROUP INC 102,802 102,802
PNC FINL SVCS GROUP INC 68,293 68,293
PRUDENTIAL FINL INC 29,825 29,825
SCHWAB CHARLES CORP NEW 42,302 42,302
SCHWAB CHARLES CORP NEW 218,828 218,828
SEMPRA ENERGY 55,271 55,271
SEMPRA ENERGY 55,614 55,614
SEMPRA ENERGY 42,663 42,663
STATE STREET CORP 98,916 98,916
TRANS CANADA TR 66,376 66,376
TRUIST FINL CORP 164,316 164,316
TRUIST FINL CORP 75,588 75,588
US BANKCORP 61,133 61,133
WELLS FARGO & CO 61,887 61,887
WELLS FARGO & CO 154,488 154,488
WELLS FARGO & CO 72,156 72,156
WELLS FARGO & CO 87,733 87,733
ABBOTT LABORATORIES 45,244 45,244
ABBVIE INC 56,153 56,153
ADVANCED MICRO DEVISES 21,500 21,500
ALPHABET INC 52,561 52,561
AMAZON COM INC 73,495 73,495
APPLE INC 50,835 50,835
ARES CAPITAL CORPORATION 47,611 47,611
ASML HOLDING NV 38,119 38,119
BERKSHIRE HATHAWAY 45,328 45,328
BLACKSTONE INC 52,761 52,761
BROADCOM INC 59,119 59,119
CATERPILLAR INC 56,953 56,953
COHEN AND STEERS PFD SECS 47,530 47,530
COSTCO WHOLESALE CORP 31,153 31,153
DIAMONDBACK ENERGY INC 51,606 51,606
EATON CORPORATION PC 30,200 30,200
ELI LILLY & CO 50,952 50,952
FREEPORT MCMORAN 23,990 23,990
HOME DEPOT INC 57,571 57,571
HONEYWELL INTL INC 66,863 66,863
KLA CORPORATION 24,575 24,575
LAM RESEARCH CORP 27,303 27,303
MCDONALDS CORP 29,279 29,279
MERCK & CO 55,908 55,908
MICROSOFT CORP 61,961 61,961
MORGAN STANLEY 35,453 35,453
NUVEEN INVT TR V 47,413 47,413
NVIDIA CORP 46,464 46,464
QUALCOMM INC 28,112 28,112
SELECT SECTOR SPDR TRUST 32,478 32,478
SELECT SECTOR SPDR TRUST 43,295 43,295
TAIWAN SEMICONDUCTOR MFG 32,586 32,586
TEXAS INSTRUMENTS 28,502 28,502
UNITED HEALTH GROUP INC 39,457 39,457
VERIZON COMMUNICATIONS 27,673 27,673
WALMART INC 34,604 34,604

TY 2024 InvestmentsGovtObligationsSch
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
US Government Securities - End of Year Book Value:

31,788,307
US Government Securities - End of Year Fair Market Value:

31,788,307
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsLandSchedule2
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING - WARNER COURTYARDS 13,595,129 2,265,813 11,329,316 13,130,000
15 YEAR- WARNER COURTYARDS 1,949,551 845,000 1,104,551 0
7 YEAR- WARNER COURTYARDS 278,383 258,507 19,876 0
5 YEAR WARNER COURTYARDS 1,994,002 1,994,002 0 0
IMPROVEMENT- WARNER COURTYARDS 7,892 1,549 6,343 0
IMPROVEMENT- WARNER COURTYARDS 40,836 9,501 31,335 0
TEN. IMPROV.- WARNER COURTYARDS 26,866 5,907 20,959 0
IMPROVEMENTS- WARNER 326,573 46,255 280,318 0
LOAN FEE -WARNER COURTYARDS 51,864 22,480 29,384 0
LEASE COMMISSIONS- WARNER 15,201 15,201 0 0
LEASE COMMISSIONS- WARNER 3,471 3,471 0 0
LEASE COMMISSIONS- WARNER 3,511 3,511 0 0
LEASE COMMISSIONS- WARNER 5,339 5,339 0 0
LEASE COMMISSIONS- WARNER 45,356 5,670 39,686 0
IMPROVEMENT- WARNER COURTYARDS 33,336 3,333 30,003 0
IMPROVEMENT- WARNER COURTYARDS 19,430 1,727 17,703 0
WARNER COURTYARD L/T ASSETS TI 30,821 856 29,965 0
WARNER COURTYARDS LANDLORD WORK 21,589 369 21,220 0
LEASE COMMISSIONS- WARNER 45,356 8,504 36,852 0
LEASE COMMISSIONS- WARNER 28,334 2,656 25,678 0
LAND - WARNER 4,370,000 0 4,370,000 0
LAND - SCF 672,560 0 672,560 2,471,500
WARNER COURTYARDS LANDLORD WORK 225,099 481 224,618 0

TY 2024 InvestmentsOtherSchedule2
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BROADWAY OFFICE LLC AT COST 7,951,057 11,342,500
SCF RIO SALADO AT COST 15,149,474 7,500,000

TY 2024 LegalFeesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 17,415 4,594   12,821


TY 2024 OtherAssetsSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
NET INTANGIBLE ASSETS 409,139 316,072 316,072
SECURITY DEPOSITS 178,459 19,759 19,759


TY 2024 OtherExpensesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 38,874 25,043   0
SUPPLIES 44 0   44
OFFICE EXPENSE 610 0   610
COMPUTER EXPENSE 3,441 0   3,441
TELEPHONE 2,820 0   2,820
DUES & SUBSCRIPTIONS 2,989 2,587   402
RENTAL EXPENSES ALLOCATED TO UBI 0 -531,323   0
RENTAL EXPENSES 930,379 930,379   0
AMORTIZATION 17,472 17,472   0


TY 2024 OtherIncomeSchedule2
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASS THRU - BROADWAY OFFICE   414,393  
PASS THRU - RIO SALADO   -871,737  
LESS: PTP GAIN INCL IN PUBLICLY TRADED SECURITIES   -3,317  


TY 2024 OtherIncreasesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description Amount
UNREALIZED GAIN ON INVESTMENTS 1,359,585
PRIOR PERIOD ADJ - BOOK BASIS FOR FIXED ASSETS AND INTANGIBLES 1,708,896


TY 2024 OtherLiabilitiesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Description Beginning of Year - Book Value End of Year - Book Value
TENANT DEPOSITS 368,459 19,759


TY 2024 OtherProfessionalFeesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 86,345 86,345   0
PROFESSIONAL FEES 26,506 13,253   13,253


TY 2024 TaxesSchedule
Name:
SIMONE CHARITABLE FOUNDATION INC
EIN:
82-3971316
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 205,609 0   0
PROPERTY TAXES 342,369 182,902   4,828