2025-11-07T13:16:02-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990PF 2024-01-01 133937693 PAUL SIMONS FOUNDATION INC PAUL 6316890619 200 HARBOR ROAD STONY BROOK NY 11790 ELIZABETH WILLIAMSON TREASURER 6316890619 2025-11-07 1 1 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z X 109276011 X 474000 326873 326873 0 2367635 0 1121241 800873 3815749 0 0 0 0 0 8201 6075 0 2126 13917 1392 0 16525 45807 45807 0 0 9360 26112 0 0 5743 11 0 5732 83028 79397 0 24383 11250000 11250000 11333028 79397 0 11274383 -10532155 3736352 0 344593 470833 470833 9063966 4909819 4909819 453 453 453 102668932 103894906 103894906 112077491 109276011 109276011 24000 20000 24000 20000 X 0 0 0 0 112053491 109256011 112053491 109256011 112077491 109276011 112053491 -10532155 7734675 109256011 0 109256011 LONG-TERM REALIZED GAIN FROM LPS P 3163320 3163320 SHORT-TERM REALIZED LOSS FROM LPS P -550804 -550804 LESS: SHORT-TERM CAPITAL GAIN FROM UBTI P -149753 -149753 LESS: LONG-TERM CAPITAL GAIN FROM UBIT P -83687 -83687 LESS: 1231 GAIN FROM UBTI P -11441 -11441 2367635 -700557 51935 0 51935 0 51935 116746 0 0 0 116746 0 64811 64811 0 0 0 0 0 0 0 0 0 1 1 0 1 1 NY 1 0 0 1 0 1 N/A ELIZABETH WILLIAMSON 6316890619 200 HARBOR ROAD STONY BROOK NY 11790 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 MARILYN SIMONS 200 HARBOR ROAD STONY BROOK NY 11790 DIRECTOR, PRESIDENT & SECRETARY 0.25 0 0 0 ELIZABETH SIMONS 200 HARBOR ROAD STONY BROOK NY 11790 DIRECTOR 0.25 0 0 0 NATHANIEL SIMONS 200 HARBOR ROAD STONY BROOK NY 11790 DIRECTOR 0.25 0 0 0 KATHERINE GRIFFITHS 200 HARBOR ROAD STONY BROOK NY 11790 ASSISTANT SECRETARY 0.25 0 0 0 ELIZABETH WILLIAMSON 200 HARBOR ROAD STONY BROOK NY 11790 TREASURER 0.25 0 0 0 NONE 0 NONE 0 NONE 0 0 0 104456376 6389520 0 110845896 0 0 110845896 1662688 109183208 5459160 5459160 51935 51935 5407225 0 5407225 0 5407225 11274383 0 11274383 5407225 0 0 1225465 1244846 5165641 2923918 7436468 17996338 11274383 0 0 0 5407225 5867158 0 0 23863496 0 0 0 0 0 0 1225465 22638031 1244846 5165641 2923918 7436468 5867158 MARILYN SIMONS X AVALON NATURE PRESERVE INC 200 HARBOR ROAD STONY BROOK NY 11790 N/A POF GENERAL OPERATING SUPPORT 11250000 11250000 0 14 326873 900000 244881 18 -104055 PORTFOLIO GAIN/LOSS FROM INVESTMENTS IN LIMITED PARTNERSHIPS 900000 -140826 104055 222818 0 326873 0 0 0 0 0 0 0 0 0 0 X X 1 MARILYN SIMONS 160 FIFTH AVENUE 7TH FLOOR NEW YORK NY 10010 474000 X GRANT THORNTON ADVISORS LLC 13917 1392 0 16525 NONE 0 AVALON NATURE PRESERVE INC 200 HARBOR ROAD STONY BROOK NY 11790 2024-12-23 11250000 FOR THE PRESERVATION AND MAINTENANCE OF A 216-ACRE NATURE PRESERVE. 11250000 NO DECEMBER 31, 2024 2025-03-31 THE DATES OF THE GRANTS WERE 1/31/24, 2/29/24, 3/29/24, 4/30/24, 5/31/24, 6/28/24, 7/31/24, 8/30/24, 9/30/24, 10/31/24, 11/27/24, 12/23/24. TO THE BEST OF THE FOUNDATION'S KNOWLEDGE, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF THE FUNDS (OR INCOME THEREFROM) FROM THE PURPOSE OF THE GRANT. BOTH THE PAUL SIMONS FOUNDATION AND AVALON NATURE PRESERVE, INC. ARE SUPERVISED BY THE SAME FINANCE TEAM AND THE FOUNDATION HAS ACCESS DAILY TO A DETAILED REPORT OF THE PRESERVE'S EXPENDITURES. THE FOUNDATION HAS NOT UNDERTAKEN AN INVESTIGATION OF THE GRANTEE'S REPORTS BECAUSE IT HAS NO REASON TO BELIEVE THAT THOSE REPORTS ARE OF DUBIOUS ACCURACY. THE GRANTEE HAS CERTIFIED THAT IT HAS EXPENDED, FOR CHARITABLE AND EDUCATIONAL PURPOSES, AN AMOUNT EQUAL TO THE VALUE OF THE GRANT NOT LATER THAN THE END OF THE GRANTEE'S FIRST TAXABLE YEAR AFTER THE TAXABLE YEAR IN WHICH THE GRANT WAS RECEIVED, IN ACCORDANCE WITH THE OUT-OF-CORPUS RULES OF SECTION 4942(G)(3) OF THE CODE. FORM 990-PF, PART XI - QUALIFYING DISTRIBUTIONS THE GRANT OF $11,250,000 TO AVALON NATURE PRESERVE, INC. SHALL BE TREATED AS A QUALIFYING DISTRIBUTION OF THE PAUL SIMON'S FOUNDATION. THIS IS PERMITTED UNDER 53.4942(A)(3)(C)(1) BECAUSE:A. NOT LATER THAN ONE YEAR AFTER THE END OF THE TAX YEAR IN WHICH THE AVALON NATURE PRESERVE, INC. RECEIVED FUNDING FROM THE PAUL SIMONS FOUNDATION, IT MADE A DISTRIBUTION EQUAL TO THE FULL AMOUNT OF THE CONTRIBUTION. THE DISTRIBUTION CONSTITUTES A QUALIFYING DISTRIBUTION THAT IS TREATED AS BEING MADE OUT OF CORPUS (OR WOULD BE TREATED AS SUCH IF AVALON NATURE PRESERVE, INC. WERE A PRIVATE NON-OPERATING FOUNDATION), ANDB. AVALON NATURE PRESERVE, INC. HAS PROVIDED ADEQUATE RECORDS TO THE PAUL SIMONS FOUNDATION THAT IT HAS ACTUALLY PAID OUT THE GRANTED FUNDS TOWARDS EXPENDITURES USED IN FURTHERANCE OF OPERATING THE PRESERVE.AVALON NATURE PRESERVE, INC. IS NOT RECOGNIZING THESE EXPENSES AS QUALIFYING DISTRIBUTIONS ON ITS OWN TAX RETURN. FOR PURPOSES OF SECTION 53.4942(A)(3)(C)(1), EXPENSES INCURRED IN THE FURTHERANCE OF FULFILLING THE PRESERVE'S CHARITABLE MISSION (E.G. OPERATING THE PRESERVE) CONSTITUTE A "PAYOUT" THAT SATISFIES THE QUALIFYING DISTRIBUTION REQUIREMENTS. LIMITED PARTNERSHIPS FMV 76517086 76517086 ALTERNATIVE INVESTMENTS FMV 27377820 27377820 EUCLIDEAN CAPITAL LLC - LEGAL FEES 6075 6075 0 0 GERMANO & CAHILL, PC 1500 0 0 1500 LOEB, BLOCK & PARTNERS LLP 626 0 0 626 INSURANCE 3232 0 0 3232 STATE FILING FEES 2500 0 0 2500 BANK FEES 11 11 0 0 PORTFOLIO GAIN/LOSS FROM INVESTMENTS IN LIMITED PARTNERSHIPS 0 1121241 0 UNREALIZED GAIN ON INVESTMENTS 7734675 EUCLIDEAN CAPITAL LLC - INVESTMENT SERVICES 45807 45807 0 0 FOREIGN TAXES 0 26112 0 0 STATE INCOME/WITHHOLDING TAXES 9360 0 0 0 PSF LEGACY LLC 200 HARBOR ROAD STONY BROOK NY 11790 854101105 FOR GRANT & OPERATING EXPENSES. 0 7486000 PSF LEGACY LLC 200 HARBOR ROAD STONY BROOK NY 11790 854101105 THERE WERE NO TRANSFERS TO PSF LEGACY LLC. 0 0