CY TWOMBLY FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CY TWOMBLY FOUNDATION (EIN 20-2572529)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-07-20
- IRS object ID
- 201242029349100704
- Schema version
- 2011v1.2
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-07-20T13:23:44-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131974820 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LH FRISHKOFF & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 529 FIFTH AVE 9TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202572529 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CY TWOMBLY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CYTW | NameControl |
| Phone | 2128489866 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5034 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 101855034 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RALPH E LERNER ESQ | Name |
| Title | VICE PRESIDENT | Title |
| Phone | 2128489866 | Phone |
| Date Signed | 2012-07-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN V PERNA CPA | Name |
| PTIN | P00164443 | PTIN |
| Phone | 2128080070 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 67472534 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 79900000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 422735 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 422735 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 65846 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 65846 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 127513 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 78527513 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 76527513 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 1184 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 0 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 80517278 | TotalRevenueAndExpenses |
| Total Net Investment Income | 77016094 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 121938 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 12194 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 109744 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 6753 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 675 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 6078 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 35000 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 3500 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 31500 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 566 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 804 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 82330 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 7801 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 74529 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 8988197 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 8968213 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 11080 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 9235588 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 8992383 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 232931 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 5600000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 5600000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 14835588 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 8992383 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 5832931 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 65681690 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 68023711 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 3621 | CashBOY |
| Cash EOY | 317067 | CashEOY |
| Cash EOYFMV | 317067 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 118031 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 20031877 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 20031877 | SavingsAndTempCashInvstEOYFMV |
| Investments Govt Oblig BOY | 0 | InvestmentsGovtObligBOY |
| Investments Govt Oblig EOY | 5000000 | InvestmentsGovtObligEOY |
| Investments Govt Oblig EOYFMV | 4986100 | InvestmentsGovtObligEOYFMV |
| Investments Corp Bonds BOY | 4000000 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 44072354 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 41448535 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 0 | InvestmentsOtherBOY |
| Investments Other EOY | 500000 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 497413 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 804 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 804 | AccumDeprecLandBldgAndEquip |
| Other Assets BOY | 159502 | OtherAssetsBOY |
| Other Assets EOY | 191542 | OtherAssetsEOY |
| Other Assets EOYFMV | 191542 | OtherAssetsEOYFMV |
| Total Assets BOY | 4281154 | TotalAssetsBOY |
| Total Assets EOY | 70112840 | TotalAssetsEOY |
| Total Assets EOYFMV | 67472534 | TotalAssetsEOYFMV |
| Accounts Payable EOY | 150000 | AccountsPayableEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 150000 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 4281154 | RetainedEarningsBOY |
| Retained Earnings EOY | 69962840 | RetainedEarningsEOY |
| Total Net Assets BOY | 4281154 | TotalNetAssetsBOY |
| Total Net Assets EOY | 69962840 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 4281154 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 70112840 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 4281154 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 65681690 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 69962844 | Subtotal |
| Other Decreases | 4 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 69962840 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (9 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Cost Or Other BasisCostOrOtherBasis |
|---|---|---|---|---|---|---|---|
| ACADEMY (NYC) 1955 | D | 2011-01-01 | 2011-03-01 | 24000000 | 24000000 | 24000000 | |
| MOMA- 4 SCULPTURES | D | 2011-01-01 | 2011-03-01 | 13050000 | 13050000 | 13050000 | |
| UNTITLED, 1955 - NEW YORK | D | 2011-01-01 | 2011-03-01 | 4000000 | 4000000 | 4000000 | |
| UNTITLED, 1954 - FUNERARY BOX FOR A LIME GREEN PYTHON | D | 2011-01-01 | 2011-03-01 | 7000000 | 7000000 | 7000000 | |
| GLENSTONE - 5 SCULPTURES/PAINTINGS | D | 2011-01-06 | 2011-06-01 | 22500000 | 22500000 | 22500000 | |
| UNTITLED, BRONZE ZURICH-TAFA30744 | D | 2011-07-01 | 2011-09-06 | 2700000 | 2700000 | 2700000 | |
| UNTITLED, THE MATHEMATICAL DREAM OF ASHURBANIPAL-TAFA30746 | D | 2011-07-01 | 2011-09-06 | 3150000 | 3150000 | 3150000 | |
| PUBLICLY TRADED SECURITIES | P | 2011-09-15 | 2011-12-16 | 2121000 | 121000 | 121000 | 2000000 |
| CAPITAL GAINS DIVIDENDS | P | 6513 | 6513 | 6513 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 76527513 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 199498 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 4226727 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.047199 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 159873 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 3107533 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.051447 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 99709 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 2024908 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.049241 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 59936 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 1089085 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.055033 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 34961 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 541619 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.064549 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.267469 | TotalDistributionRatio |
| Average Distribution Ratio | 0.053494 | AverageDistributionRatio |
| Net Noncharitable Assets | 29312451 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1568040 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 680237 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 2248277 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 5832931 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 680237 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 680237 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 680237 | TaxBasedOnInvestmentIncome |
| Tax Paid With Extension | 702000 | TaxPaidWithExtension |
| Total Credits And Payments | 702000 | TotalCreditsAndPayments |
| Penalty For Underpayment | 13 | PenaltyForUnderpayment |
| Overpayment | 21750 | Overpayment |
| Amount Credited To Next Year | 21750 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | DE | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | RALPH E LERNER ESQ | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2128489866 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 430 PARK AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100223505 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 1 | ForeignBank |
| Name Of Foreign Country | IT | NameOfForeignCountry |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | Address Line2USAddress/AddressLine2 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|---|
| NICOLA DEL ROSCIO | |||||||||
| C/0 WITHERS BERGMANLLP430 PARK | AVENUE | NEW YORK | NY | 100223528 | PRESIDENT | 30.00 | 0 | 0 | 0 |
| THOMAS H SALIBA | |||||||||
| C/0 WITHERS BERGMANLLP430 PARK | AVENUE | NEW YORK | NY | 100223528 | VICE PRESIDENT/TREASURER | 30.00 | 0 | 0 | 0 |
| RALPH E LERNER ESQ | |||||||||
| C/0 WITHERS BERGMANLLP430 PARK | AVENUE | NEW YORK | NY | 100223528 | VICE PRESIDENT/SECRETARY | 30.00 | 0 | 0 | 0 |
| JULIE SYLVESTER | |||||||||
| C/0 WITHERS BERGMANLLP430 PARK | AVENUE | NEW YORK | NY | 100223528 | DIRECTOR | 30.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 24796517 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 4962317 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 29758834 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 29758834 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 446383 | CashDeemedCharitable |
| Net Noncharitable Assets | 29312451 | NetNoncharitableAssets |
| Minimum Investment Return | 1465623 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1465623 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 680237 | TaxBasedOnInvestmentIncome |
| Total Tax | 680237 | TotalTax |
| Distributable Amount Before Adj | 785386 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 785386 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 785386 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 5832931 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 5832931 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 680237 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 5152694 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 785386 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year2 | 2736 | ExcessDistriCarryoverYear2 |
| Total Excess Distri Carryover | 2736 | TotalExcessDistriCarryover |
| Qualifying Distributions | 5832931 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 785386 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 5047545 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 5050281 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 5050281 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 2736 | ExcessFromYear2 |
| Excess From Current Year | 5047545 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (8 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| HABITAT FOR HUMANITY | |||||||
| PO BOX 1596 | LEXINGTON | VA | 24450 | NONE | PUBLIC | HOUSING FOR THE NEEDY | $200,000 |
| PROJECT HORIZON | |||||||
| 120 VARNER LANE | LEXINGTON | VA | 24450 | NONE | PUBLIC | SUPPORT FOR THE REDUCTION OF DOMESTIC VIOLENCE | $200,000 |
| ROCKBRIDGE AREA FREE CLINIC | |||||||
| 25 NORTHRIDGE LN PO BOX 1573 | LEXINGTON | VA | 24450 | NONE | PUBLIC | HEALTH CARE FOR THE NEEDY | $200,000 |
| ROCKBRIDGE AREA HOSPICE | |||||||
| 315 MYERS STREET | LEXINGTON | VA | 24450 | NONE | PUBLIC | ELDERLY CARE | $200,000 |
| VIRGINIA CENTER FOR THE CREATIVE ARTS (VCCA) | |||||||
| 154 SAN ANGELO DRIVE | AMHERST | VA | 24521 | NONE | PUBLIC | SUPPORT FOR ARTISTS | $300,000 |
| WASHINGTON AND LEE UNIVERSITY | |||||||
| 204 W WASHINGTON ST | LEXINGTON | VA | 24450 | NONE | PUBLIC | ASSISTANCE TO STUDENTS | $400,000 |
| AMERICAN ACADEMY IN ROME | |||||||
| 7 EAST 60 STREET | NEW YORK | NY | 100111001 | NONE | PUBLIC | FOSTER ADVANCE RESEARCH AND INDEPENDENT STUDY IN FINE ARTS AND HUMANITIES | $600,000 |
| MUSEUM OF MODERN ART | |||||||
| 11 WEST 53RD STREET | NEW YORK | NY | 10019 | NONE | PUBLIC | FOSTER ADVANCE RESEARCH AND INDEPENDENT STUDY IN FINE ARTS | $3,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 5600000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $422,735 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $65,846 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $127,513 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | REFUND OF FREQUENT FLYER MILES | Description |
| Exclusion | $1,184 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $617,278 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 617278 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (8 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Noncash Contribution TypeNoncashContributionType |
|---|---|---|---|---|---|---|---|
| 1 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 24000000 | X |
| 2 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 7000000 | X |
| 3 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 4000000 | X |
| 4 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 13050000 | X |
| 5 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 22500000 | X |
| 6 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 2700000 | X |
| 7 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 3150000 | X |
| 8 | EDWIN P TWOMBLY DECEASED | C/O LH FRISHKOFF 529 5TH AVE | NEW YORK | NY | 10017 | 3500000 | X |
Noncash Property NoncashProperty (8 entries)
| Contributor Number From Part IContributorNumberFromPartI | Noncash Property DescriptionNoncashPropertyDescription | Fair Market ValueFairMarketValue | Date ReceivedDateReceived |
|---|---|---|---|
| 1 | ACADEMY, 1955 (NEW YORK CITY) - PAINTING | 24000000 | 2011-01-01 |
| 2 | UNTITLED (FUNERARY BOX FOR A LIME GREEN PYTHON) NEW YORK, 1954 - SCULPTURE | 7000000 | 2011-01-01 |
| 3 | UNTITLED (NEW YORK), 1955 - SCULPTURE | 4000000 | 2011-01-01 |
| 4 | UNTITLED (ROME) 1984-85,BY THE IONIAN SEA NAPLES 1988,UNTITLED (JUPITER ISLAND) 1992,UNTITLED 2005 | 13050000 | 2011-01-01 |
| 5 | UNTITLED 1951,CYNCUS 1978,ANABASIS BASSANO IN TEVERINA 1980,THICKET FORMIA ROMA,THICKET GAETA 1991 | 22500000 | 2011-01-06 |
| 6 | UNTITLED 2009, ZURICH BRONZE | 2700000 | 2011-07-01 |
| 7 | UNTITLED (THE MATHEMATICAL DREAM IF ASHURBANIPAL) 2009 ZURICH | 3150000 | 2011-07-01 |
| 8 | UNTITLED, 1976 ROME CARDBOARD HOUSE PAINT | 3500000 | 2011-01-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $6,753 | Amount |
| Net Investment Income | 675 | NetInvestmentIncome |
| Disbursements Charitable Prps | 6078 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Property | COMPUTER | DescriptionOfProperty |
| Date Acquired | 2011-10-17 | DateAcquired |
| Cost Or Other Basis | 804 | CostOrOtherBasis |
| Computation Method | 200DB | ComputationMethod |
| Life | 5.000000000000 | Life |
| Current Year Expense | 804 | CurrentYearExpense |
| Net Investment Income | 0 | NetInvestmentIncome |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (9 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| JPM STEP-UP CD MD 10/20/14 | 2000000 | 1998000 |
| GOLDMAN SACHS GROUP MED TERM NOTE | 2000000 | 1921480 |
| BARC 7Y NC1M STEP-UP NOTE | 5000000 | 4818150 |
| GOLDMAN SACHS GROUP INC-3 1/2% | 5000000 | 4632300 |
| BARCLAYS BANK PLC MTN 3.6% JUL 12 2019 | 5000000 | 4684200 |
| BARCLAYS BANK FLOATING RATE MEDIUM TERM NOTE | 5000000 | 4468000 |
| BARCLAYS BANK PLC MTN 3% JUNE 27 2019 | 10000000 | 8910000 |
| CS BREN CURRENCY BASKET 7/05/13 | 5000000 | 4962500 |
| JPM SHORT DURATION BOND FD - SEL | 5072354 | 5053905 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Securities EOY Book Value | 5000000 | USGovtSecuritiesEOYBookValue |
| US Govt Securities EOYFMV | 4986100 | USGovtSecuritiesEOYFMV |
| State Local Securities EOY Book Val | 0 | StateLocalSecuritiesEOYBookVal |
| State Local Securities EOYFMV | 0 | StateLocalSecuritiesEOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SPOT CURRENCY EUR | CategoryOrItem |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMV |
| Book Value | 500000 | BookValue |
| EOYFMV | 497413 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $121,938 | Amount |
| Net Investment Income | 12194 | NetInvestmentIncome |
| Disbursements Charitable Prps | 109744 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (4 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| RESIDENCE- LEXINGTON, VA (NET OF INTERVENING LIFE ESTATE) | 159502 | 159502 | 159502 |
| PREPAID RENT | 0 | 12000 | 12000 |
| TWOMBLY DRAWINGS | 0 | 3097 | 3097 |
| UNREALIZED GAIN/(LOSS) ON CURRENCY EXCHNAGE | 0 | 16943 | 16943 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NON-DEDCUTIBLE EXPENSES | Description |
| Amount | $4 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (12 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| SUPPLIES | 608 | 0 | 608 |
| DELAWARE FILING FEE | 173 | 0 | 173 |
| BANK SERVICE CHARGES | 2087 | 0 | 2087 |
| OTHER MISCELLANEOUS | 1092 | 0 | 1092 |
| CATALOGUE AND PHOTOS | 3213 | 3213 | 0 |
| COMMISSION EXPENSE | 8965000 | 8965000 | 0 |
| INSURANCE | 5000 | 0 | 5000 |
| ITALIAN EXPENSES | 105 | 0 | 105 |
| TELEPHONE | 1601 | 0 | 1601 |
| SHIPPING | 58 | 0 | 58 |
| REPAIRS | 356 | 0 | 356 |
| SECURITY EXPENSE | 8904 | 0 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | REFUND OF FREQUENT FLYER MILES | Description |
| Revenue And Expenses Per Books | 1184 | RevenueAndExpensesPerBooks |
| Adjusted Net Income | 1184 | AdjustedNetIncome |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | Category |
| Amount | $35,000 | Amount |
| Net Investment Income | 3500 | NetInvestmentIncome |
| Disbursements Charitable Prps | 31500 | DisbursementsCharitablePrps |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | EDWIN P TWOMBLY DECEASED 07052011 | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O LH FRISHKOFF C 529 5TH AVE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FEDERAL INCOME TAX | $502 | 0 | 0 |
| REAL ESTATE | $64 | 0 | 0 |