Private foundation · New York, NY

Cy Twombly Foundation

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Typical grant size
$50K $240K $1.1M
25th · median · 75th percentile
Unique recipients
9
Repeat grantees
7
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Nicola Del Roscio
PRESIDENT
$202K
Eleonora Di Erasmo
MNG DIRECTOR/SECRETARY (AS OF 2/2024)
$112K
Nicholas Serota
DIRECTOR
$65K
Jonas Storsve
DIRECTOR
$50K
Cristian Grasu
DIRECTOR (AS OF 6/2024)
$28K
Sandra Marionpoulou
DIRECTOR (AS OF 6/2024)
David Baum
SECRETARY (TO 2/2024)
Paul Winkler
DIRECTOR (TO 1/2024)
Udo Brandhorst
DIRECTOR (TO 6/2024)
Julie Sylvester Through June 2015
VICE PRESIDENT AND SECRETARY
$300K
David Baum As of July 2015
Secretary
Julie Sylvester
VICE PRESIDENT AND SECRETARY
$480K
Thomas H Saliba
VICE PRESIDENT/TREASURER
Ralph E Lerner Esq
VICE PRESIDENT/SECRETARY

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
0.3%
grants paid ÷ assets · ~5% IRS minimum
'14
'15
'16
'20
'21
'22
'23
'24
40
Total grants awarded
$132.7M
Total amount
$3.3M
Average grant
$85.0M
Largest grant

Giving by year

2024
$4.0M
4 grants
2023
$16.5M
8 grants
2022
$6.1M
6 grants
2021
$7.6M
7 grants
2020
$11.8M
10 grants
2016
$708K
2 grants
2015
$75K
1 grants
2014
$85.0M
1 grants
2013
$1.0M
1 grants

Top recipients

Tate Gallery
1 grant
$85.0M
2 grants · PA · ≈ likely match
$17.0M
12 grants · NY
$15.0M
2 grants · IL · ✓ Exact match
$7.8M
Museum of Fine Arts Boston
1 grant · MA
$3.5M
1 grant · NY · ✓ Exact match
$1.0M
The Centre Georges Pompidou
1 grant
$699K
2 grants · NY · ✓ Exact match
$500K
Comune Di Gaeta
1 grant
$417K
3 grants · NY · ✓ Exact match
$381K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Art Institute of Chicago
NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
IL · TY 2024
$3.8M
Drawing Center Inc
GENERAL SUPPORT
NY · TY 2024
$100K
Foundation for Contemporary Arts Inc
SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
NY · TY 2024
$51K
Safe Horizon Inc
GENERAL SUPPORT
NY · TY 2024
$50K
NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
MA · TY 2023
$7.5M
NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
IL · TY 2023
$3.8M
Museum of Fine Arts Boston
GENERAL SUPPORT
MA · TY 2023
$3.5M
GENERAL SUPPORT
NY · TY 2023
$1.3M
GENERAL SUPPORT - SEE EXPENDITURE RESPONSIBILITY STATEMENTS
TY 2023
$240K
SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
NY · TY 2023
$51K
GENERAL SUPPORT
NY · TY 2023
$50K
GENERAL SUPPORT
NY · TY 2023
$50K
Art Institute of Chicago
NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
IL · TY 2022
$4.0M
GENERAL SUPPORT
NY · TY 2022
$1.7M
GENERAL SUPPORT
TY 2022
$240K
GENERAL SUPPORT
NY · TY 2022
$50K
GENERAL SUPPORT
NY · TY 2022
$50K
SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
NY · TY 2022
$45K
Philadelphia Museum of Art
NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
PA · TY 2021
$7.0M
Swiss Institute
COVID RELIEF
NY · TY 2021
$250K
Fondazione Nicola Del Roscio
GENERAL SUPPORT
TY 2021
$240K
Safe Horizon Inc
GENERAL SUPPORT
NY · TY 2021
$50K
Drawing Center Inc
GENERAL SUPPORT
NY · TY 2021
$50K
Foundation for Contemporary Arts Inc
SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
NY · TY 2021
$40K
New York Foundation for the Arts
COVID RELIEF
NY · TY 2021
$2K
Philadelphia Museum of Art
EXHIBITION SUPPORT
PA · TY 2020
$10.0M
Comune Di Gaeta
COVID RELIEF
TY 2020
$417K
Foundation for Contemporary Arts Inc
SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY ($40,000) AND SUPPORT TO THE EMERGENCY COVID RELIEF FUND ($250,000)
NY · TY 2020
$290K
New York Foundation for the Arts
COVID RELIEF
NY · TY 2020
$275K
Swiss Institute
SUPPORT FOR COVID RELIEF
NY · TY 2020
$250K
United States Artists Inc
COVID RELIEF
IL · TY 2020
$250K
Laziofarma Spa
SUPPORT FOR COVID RELIEF RELATED HOSPITAL SUPPLIES
TY 2020
$120K
Safe Horizon Inc
COVID RELIEF
NY · TY 2020
$50K
Drawing Center Inc
SUPPORT FREE ADMISSION PROGRAM
NY · TY 2020
$50K
Museum of Cycladic Art
EXHIBITION SUPPORT
TY 2020
$50K
The Centre Georges Pompidou
TO SUPPORT THE EXHIBITION
TY 2016
$699K
Santa Maria in Ballicella - Congregazione Oratorio
Unrestricted
TY 2016
$9K
Philedelphia Museum of Art
To support the Philadelphia Museum of Art's Cy Twombly Fifty Days at Lliam 25 Anniversary Publication.
PA · TY 2015
$75K
Tate Gallery
To support the visual arts by donating Cy Twombly's artwork for exhibition
TY 2014
$85.0M
Whitney Museum of American Art
PROMOTING VISUAL ART IN UNITED STATES
NY · TY 2013
$1.0M

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.