HERBERT AND BUI SIMON FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HERBERT AND BUI SIMON FOUNDATION INC (EIN 46-2577284)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349100846
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T09:32:58-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352123203 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSM BUSINESS SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462577284 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERBERT & BUI SIMON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERB | BusinessNameControlTxt |
| Phone | 3176361600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400857 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PORNTIP BUI SIMON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3176361600 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK N BERNSTEIN | PreparerPersonNm |
| PTIN | P00045271 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $13,441,910 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,005,427 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $375 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $375 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $543,032 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $535,824 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$239,632 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,637,810 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $297,397 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $50,252 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $228 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,359,454 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $833,824 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $87,456 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $87,456 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,912 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,912 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,161 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,483 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $21,896 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $21,432 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $125,425 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $114,283 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $625,950 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $625,950 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $751,375 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $114,283 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $625,950 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $608,079 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $719,541 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,277 | CashBOYAmt |
| Cash EOY | $8,878 | CashEOYAmt |
| Cash EOYFMV | $8,878 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $57,959 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $114,245 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $114,245 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $10,459 | AcctRcvblAmt |
| Acct Rcvbl BOY | $21,220 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $10,459 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $10,459 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $3,604,059 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,094,099 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,311,634 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $547,390 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $810,655 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,004,431 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,020,651 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,181,803 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,992,263 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $9,260,556 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,220,139 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,441,910 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,260,556 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,220,139 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,260,556 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,220,139 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,260,556 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,220,139 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,260,556 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $608,079 | ExcessRevenueOverExpensesAmt |
| Other Increases | $351,504 | OtherIncreasesAmt |
| Subtotal | $10,220,139 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,220,139 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| FROM K-1: KARIP, L.P. | $15,758 | $38,665 | -$22,907 | -$22,907 | |
| FROM K-1: KLCF, L.P. | $13,547 | -$13,547 | -$13,547 | ||
| FROM K-1: SCI III, L.P. | $14,010 | -$14,010 | -$14,010 | ||
| PUBLICLY TRADED SECURITIES | $998,172 | $456,283 | $541,889 | $541,889 | |
| PUBLICLY TRADED SECURITIES | $622,120 | $815,809 | -$193,689 | -$193,689 | |
| FROM K-1: SCI II, L.P. | $1,623 | $2,099 | -$476 | -$476 | |
| CAPITAL GAINS DIVIDENDS | $137 | $137 | $137 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $297,397 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,002 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,002 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,002 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $8,840 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $8,700 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $17,540 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $92 | EsPenaltyAmt |
| Overpayment | $7,446 | OverpaymentAmt |
| Applied To ES Tax | $7,446 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | HERBERT SIMON | IndividualWithBooksNm |
| Phone | 3176361600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462400857 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PORNTIP BUI SIMON | ||||||||
| PO BOX 40857 | INDIANAPOLIS | IN | 462400857 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| HERBERT SIMON | ||||||||
| PO BOX 40857 | INDIANAPOLIS | IN | 462400857 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| ROBYN L FREEDMAN | ||||||||
| PO BOX 40857 | INDIANAPOLIS | IN | 462400857 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MARK N BERNSTEIN | ||||||||
| PO BOX 40857 | INDIANAPOLIS | IN | 462400857 | TREASURER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES SCHWAB & CO INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 SCHWAB WAY | AddressLine1Txt |
| City | WESTLAKE | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 46262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $87,456 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,879,496 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $122,276 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,992,263 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,994,035 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,994,035 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $179,911 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,814,124 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $590,706 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $590,706 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,002 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,002 | TotalTaxAmt |
| Distributable Before Adj | $580,704 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $580,704 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $580,704 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $625,950 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $625,950 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $580,704 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $463,523 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $265,030 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $232,288 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $123,385 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $49,655 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,133,881 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $625,950 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $580,704 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $45,246 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,179,127 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $463,523 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $715,604 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $265,030 | ExcessFromYear4Amt |
| Excess From Year3 | $232,288 | ExcessFromYear3Amt |
| Excess From Year2 | $123,385 | ExcessFromYear2Amt |
| Excess From Year1 | $49,655 | ExcessFromYear1Amt |
| Excess From Current Year | $45,246 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HERBERT SIMON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN BAR FOUNDATION | |||||||
| 750 NORTH LAKE SHORE DRIVE FL 4 | CHICAGO | IL | 60611 | N/A | PC | DONATION IN HONOR OF SANDRA CHAN | $10,000 |
| AMERICAN FRIENDS OF THE HEBREW UNIVERSITY | |||||||
| ONE BATTERY PARK PLAZA 25TH FLOOR | NEW YORK | NY | 10004 | N/A | PC | TO PROVIDE ACADEMIC AND CAPITAL SUPPORT TO THE HEBREW UNIVERSITY | $100,000 |
| CESAR MILLAN FOUNDATION | |||||||
| 15260 VENTURA BLVD SUITE 2100 | SHERMAN OAKS | CA | 91403 | N/A | PC | TO SUPPORT THE RESCUE, REHABILITATION, AND REHOMING OF ABUSED AND ABANDONED DOGS. | $25,000 |
| CHILDREN'S MUSEUM OF INDIANAPOLIS | |||||||
| 3000 N MERIDIAN STREET | INDIANAPOLIS | IN | 46208 | N/A | PC | TO PROVIDE CHILDREN WITH EXCEPTIONAL LEARNING EXPERIENCES | $50,000 |
| GANNA WALSKA LOTUSLAND | |||||||
| 695 ASHLEY RD | SANTA BARBARA | CA | 93108 | N/A | PC | TO SUPPORT THE PRESERVATION AND ENHANCEMENT OF THE HISTORIC ESTATE OF MADAME GANNA WALSKA. | $25,000 |
| INDIANAPOLIS ZOOLOGICAL SOCIETY INC | |||||||
| 1200 W WASHINGTON ST PO BOX 22309 | INDIANAPOLIS | IN | 46222 | N/A | PC | TO PROMOTE ANIMAL CONSERVATION; CONTRIBUTION IN HONOR OF SPIKE & FRIENDS | $250,000 |
| LOS ANGELES POLICE FOUNDATION | |||||||
| 633 WEST 5TH STREET SUITE 960 | LOS ANGELES | CA | 90071 | N/A | PC | OPERATIONS | $10,950 |
| MARYMOUNT HIGH SCHOOL | |||||||
| 10643 SUNSET BLVD | LOS ANGELES | CA | 90077 | N/A | PC | OPERATIONS | $50,000 |
| SANTA BARBARA CITY COLLEGE FOUNDATION | |||||||
| 721 CLIFF DRIVE | SANTA BARBARA | CA | 93109 | N/A | PC | TO PROVIDE FUNDING FOR TUITION AND OTHER RELATED EDUCATION EXPENSES FOR FULL-TIME STUDENTS OF SBCC | $50,000 |
| SHARE INC | |||||||
| PO BOX 1342 | BEVERLY HILLS | CA | 30213 | N/A | PC | FOR GENERAL OPERATIONS | $5,000 |
| VNA HEALTH FOUNDATION | |||||||
| 509 EAST MONTECITO STREET 200 | SANTA BARBARA | CA | 93103 | N/A | PC | OPERATIONS | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $625,950 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $375 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $248 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $542,784 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $50,252 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$239,632 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $248 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $353,779 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $354,027 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | HERBERT SIMON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NATIONAL CITY CENTER PO BOX 7033 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,005,427 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | PUBLICLY TRADED SECURITIES | NoncashPropertyDesc |
| Fair Market Value | $1,005,427 | FairMarketValueAmt |
| Received | 2024-12-31 | ReceivedDt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART VI-B, LINES 1A(3) AND 1B | FormAndLineReferenceDesc |
| Medium Explanation | PART VI-B, LINE 1A(3) HAS BEEN ANSWERED "YES" BECAUSE HERBERT SIMON IS A SUBSTANTIAL CONTRIBUTOR TO THIS FOUNDATION AND PORNTIP BUI SIMON IS HIS WIFE, SO BOTH OF THEM ARE CONSIDERED DISQUALIFIED PERSONS. THEY PROVIDE "SERVICE" TO THE ORGANIZATION BY KEEPING ITS BOOKS AND SERVING ON ITS BOARD. LINE 1B IS ANSWERED "NO" BECAUSE THESE SERVICES ARE EXCEPTED BY THE REGULATIONS UNDER SECTION 4941. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BLUEROCK HIGH INCOME INSTITUTIONAL | $200,000 | $195,452 |
| FORD MOTOR CRED | $63,213 | $63,265 |
| FORUM REAL ESTATE INCOME | $100,000 | $104,658 |
| GMO U S QUALITY ETF | $200,052 | $237,537 |
| SPDR GOLD SHARES ETF | $99,332 | $199,757 |
| VANECK VECTORS GOLD | $69,396 | $93,253 |
| VANECK VECTORS JUNIOR | $78,662 | $110,509 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADOBE INC | $11,167 | $19,566 |
| ALPHABET INC, CLASS C | $354,451 | $476,100 |
| AMAZON | $72,867 | $219,390 |
| APPLE INC | $351,083 | $473,294 |
| ARES CAPITAL CORP | $99,402 | $111,201 |
| BANK OF AMERICA CORP | $24,101 | $30,941 |
| BERKSHIRE HTWY (1/100) | $615,990 | $1,361,840 |
| BLUEROCK TOTAL INCOME & REAL ESTATE | $100,000 | $78,617 |
| BOOKING HLDGS INC | $12,765 | $29,811 |
| CALAMOS MARKET NEUTRAL | $235,786 | $265,147 |
| CATERPILLAR | $72,394 | $165,781 |
| CHEESECAKE FACTORY INC | $292,601 | $318,892 |
| CHEVRON CORP NEW | $17,886 | $24,333 |
| COHEN & STEERS PREFERRED SEC & INC I | $99,476 | $87,669 |
| COSTCO WHSL CORP NEW | $21,172 | $36,651 |
| DIAMONDBACK ENERGY INC | $27,515 | $25,230 |
| FERRARI N V NEW F | $9,054 | $20,392 |
| FS KKR CAP CORP II | $100,632 | $126,497 |
| GE AEROSPACE | $26,869 | $23,851 |
| GE VERNOVA INC | $23,585 | $29,604 |
| INTUIT | $23,375 | $26,397 |
| JP MORGAN CHASE & CO. | $97,101 | $277,584 |
| KKR & CO INC | $24,178 | $36,978 |
| LENNAR CORP | $12,552 | $19,365 |
| LINCOLN ELEC HLDGS INC | $10,720 | $11,811 |
| M & T BANK | $23,767 | $25,193 |
| MARTIN MARIETTA MATERIAL | $35,927 | $220,546 |
| MERCADOLIBRE INC | $27,320 | $30,608 |
| MERCK & CO. INC. | $20,522 | $22,980 |
| MICROSOFT CORP | $348,831 | $379,350 |
| MONOLITHIC PWR SYS INC | $11,587 | $17,751 |
| NESTLE | $102,299 | $217,322 |
| NETFLIX | $125,503 | $505,378 |
| NOVO-NORDISK A S | $8,724 | $23,569 |
| NVIDIA CORP | $199,315 | $490,159 |
| O REILLY AUTOMOTIVE INC | $29,772 | $27,273 |
| PALO ALTO NETWORKS INC | $15,005 | $27,658 |
| TEXAS INSTRS INC | $8,569 | $15,188 |
| TJX COS INC NEW | $12,486 | $19,330 |
| VANGUARD 500 INDEX | $145,152 | $450,121 |
| VANGUARD VALUE INDEX | $95,015 | $218,219 |
| VERTEX PHARMACEUTICALS | $16,055 | $18,524 |
| WELLS FARGO & CO | $111,923 | $279,204 |
| WORKDAY INC | $19,605 | $26,319 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOLUB CAPITAL PARTNERS 11 INTERNATIONAL | AT COST | $875,000 | $900,111 |
| GOLUB CAPITAL PARTNERS 12 INTERNATIONAL | AT COST | $450,000 | $462,916 |
| GREENBACKER RENEWABLE ENERGY | AT COST | $300,346 | $448,751 |
| KAYNE ANDERSON RENEWABLE INFRA (KARIP) | AT COST | $450,389 | $569,497 |
| KAYNE COMMERCIAL REAL ESTATE DEBT (KCRED) | AT COST | $232,727 | $231,922 |
| KAYNE LIQUID CREDIT FUND (KLCF) | AT COST | $484,601 | $485,370 |
| KAYNE RENEWABLE OPP PARTNERS (KROPTE) | AT COST | $363,758 | $394,472 |
| KAYNE SENIOR CREDIT III OFFSHORE FUND | AT COST | $865,319 | $321,727 |
| STRUCTURAL CAPITAL INV II | AT COST | $23,795 | $27,385 |
| STRUCTURAL CAPITAL INV III | AT COST | $350,333 | $377,206 |
| SUNDANCE DEBT PARTNERS LLC | AT COST | $785,535 | $772,906 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PASSTHROUGH INVESTMENT EXPENSES | $21,498 | $21,432 | $0 |
| BANK FEES | $398 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FROM K-1: SCI III LP | $49,797 | $0 | $49,797 |
| FROM K-1: SUNDANCE DEBT PARTNERS | $73 | $0 | $73 |
| FROM K-1: KAYNE ANDERSON RENEWABLE INFRASTRUCTURE | $365 | $225 | $365 |
| FROM K-1: IRRADIANT RENEWABLE OPPORTUNITIES PARTNERS | $17 | $3 | $17 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT FOR DONATED STOCKS | Desc |
| Amt | $351,504 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $87,456 | Amt |
| Net Investment Income | $87,456 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID | $3,483 | $3,483 | $0 |
| FEDERAL TAX | $10,678 | $0 | $0 |
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