Simplify the following text for a Grade 6 native English-speaking person.
Original: It is led by Venerable abbot Shi YÇ n gxÃ n. Founded in the 5th century , the monastery is long famous for its association with Chinese martial arts and particularly with Shaolin Kung Fu , and it is the Mahayana Buddhist monastery perhaps best known to the Western world .
Simplified: Now it is led by abbot Venerable abbot Shi YÇ n gxÃ n.