Cy Twombly Foundation

Organization Overview

Cy Twombly Foundation is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cy Twombly Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cy Twombly Foundation generated $9.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $11.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Cy Twombly Foundation has awarded 26 individual grants totaling $27,371,845. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ubs Financial Services
$273,722
Baum Llc
$576,000
Jafram Ag
$572,964
Citibank
$186,773
Morgan Stanley
$186,612
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $3,625,842
Net Rental Income$0
Net Gain on Sale of Assets $5,870,794
Capital Gain Net Income $5,870,794
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$5,660
Total Revenue $9,490,976

Grants Awarded

Over the last fiscal year, Cy Twombly Foundation has awarded $7,772,100 in support to 10 organizations.

Grant RecipientAmount

PHILADELPHIA MUSEUM OF ART

PURPOSE: NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT

$7,000,000

New York, NY

PURPOSE: COVID RELIEF

$250,000

FONDAZIONE NICOLA DEL ROSCIO

PURPOSE: GENERAL SUPPORT

$240,000

SAFE HORIZON INC

PURPOSE: GENERAL SUPPORT

$50,000

DRAWING CENTER INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000

DRAWING CENTER INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Arnhold Foundation Inc
New York, NY
$53,665,580
The Morningside Foundation
Newton Centre, MA
$11,895,776
Prudential Foundation Inc
Newark, NJ
$53,115,847
The Grace And Mercy Foundation Inc
New York, NY
$100,220,039
The Patrick J Mcgovern Foundation Inc
Boston, MA
$20,910,577
One8 Foundation
Boston, MA
$32,279,319
Peter G Peterson Foundation
New York, NY
$50,280,779
Leon Levy Foundation
New York, NY
$121,596,253
Shubert Foundation Inc
New York, NY
$57,657,953
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
Hauser Foundation Inc
New York, NY
$9,971,722

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