Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
CY TWOMBLY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 5034   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY101855034
A Employer identification number

20-2572529
B Telephone number (see instructions)

(212) 848-9866
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,541,452,016J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 227,136 227,136  
4 Dividends and interest from securities...... 358,833 358,833  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,021,790
b Gross sales price for all assets on line 6a 37,206,653
7 Capital gain net income (from Part IV, line 2)... 11,521,790
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 60,677 60,677  
12 Total. Add lines 1 through 11........ 7,668,436 12,168,436  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 280,084 28,008   252,076
b Accounting fees (attach schedule)....... Click to see attachment 71,882 7,188   64,694
c Other professional fees (attach schedule).... Click to see attachment 233,524 37,451   196,073
17 Interest............... 26,476 25,830   646
18 Taxes (attach schedule) (see instructions) Click to see attachment 5,624 691   4,933
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,107 0  
20 Occupancy.............. 150,004 11,245   138,759
21 Travel, conferences, and meetings....... 163,977 15,894   148,083
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,565,177 4,343,775   1,221,402
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,498,855 4,470,082   2,026,666
25 Contributions, gifts, grants paid........ 1,000,000 1,000,000
26 Total expenses and disbursements. Add lines 24 and 25 7,498,855 4,470,082   3,026,666
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 169,581
b Net investment income (if negative, enter -0-) 7,698,354
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 1,444,354 95,872 95,872
2 Savings and temporary cash investments.......... 29,093,972 22,395,711 22,395,711
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment1,852,449 1,833,614
b Investments—corporate stock (attach schedule)........ 0 Click to see attachment25,483,006 26,514,607
c Investments—corporate bonds (attach schedule)........ 10,772,010 Click to see attachment12,824,051 12,832,211
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 22,500,000 Click to see attachment10,836,552 13,002,529
14 Land, buildings, and equipment: basis bullet29,868,659
Less: accumulated depreciation (attach schedule) bullet3,926 28,449,234 Click to see attachment29,864,733 29,864,733
15 Other assets (describe bullet) Click to see attachment1,450,725,477 Click to see attachment1,434,732,241 Click to see attachment1,434,912,739
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,542,985,047 1,538,084,615 1,541,452,016
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment5,320,000 Click to see attachment250,000
23 Total liabilities (add lines 17 through 22).......... 5,320,000 250,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,537,665,047 1,537,834,615
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,537,665,047 1,537,834,615
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,542,985,047 1,538,084,615
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,537,665,047
2 Enter amount from Part I, line 27a..................... 2 169,581
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,537,834,628
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 13
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,537,834,615
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 55 SHARES AIR PRODUCTS & CHEMICALS P 2013-07-12 2013-07-30
b 75 SHARES BHP BILLITON P 2013-07-12 2013-08-05
c 45 SHARES BHP BILLITON P 2013-07-17 2013-08-05
d 600 SHARES BNP PARIBAS P 2013-09-26 2013-10-01
e 150 SHARES BNP PARIBAS P 2013-08-22 2013-10-01
170 SHARES COACH INC P 2013-07-17 2013-10-22
180 SHARES COACH INC P 2013-09-26 2013-10-22
100 SHARES COACH INC P 2013-08-22 2013-10-22
80 SHARES COACH INC P 2013-08-22 2013-10-23
85 SHARES DETROIT ENERGY P 2013-07-17 2013-09-25
25 SHARES EMBRAER P 2013-07-17 2013-08-29
25 SHARES EMBRAER P 2013-07-17 2013-09-03
50 SHARES EMBRAER P 2013-07-17 2013-09-04
80 SHARES EMBRAER P 2013-07-17 2013-09-04
45 SHARES EMBRAER P 2013-08-22 2013-09-04
100 SHARES EMBRAER P 2013-08-22 2013-09-06
35 SHARES EMBRAER P 2013-08-22 2013-09-09
390 SHARES ENI SPA P 2013-09-24 2013-09-27
160 SHARES ENI SPA P 2013-08-22 2013-09-27
100 SHARES ENI SPA P 2013-08-22 2013-09-30
800 SHARES FANNIE MAE P 2013-08-18 2013-09-16
900 SHARES FANNIE MAE P 2013-08-18 2013-10-24
600 SHARES FANNIE MAE P 2013-08-18 2013-11-13
90000 SHARES FEDERAL HOME LOAN P 2013-11-15 2013-11-22
600 SHARES KON AHOLD P 2013-07-17 2013-09-30
25 SHARES KON AHOLD P 2013-07-17 2013-10-01
375 SHARES KON AHOLD P 2013-08-22 2013-10-01
250 SHARES KON AHOLD P 2013-08-22 2013-10-02
340 SHARES MARATHON OIL CORP P 2013-07-17 2013-09-27
260 SHARES MARATHON OIL CORP P 2013-08-22 2013-09-27
50 SHARES MARATHON OIL CORP P 2013-08-22 2013-09-27
400 SHARES MICROSOFT INC P 2013-07-17 2013-10-25
125 SHARES MICROSOFT INC P 2013-07-17 2013-10-28
500 SHARES MICROSOFT INC P 2013-08-22 2013-10-28
100 SHARES NORDEA BANK SWEDEN P 2013-07-12 2013-08-05
175 SHARES NORDEA BANK SWEDEN P 2013-07-17 2013-08-05
125 SHARES NORDEA BANK SWEDEN P 2013-07-17 2013-08-05
30 SHARES NORDEA BANK SWEDEN P 2013-07-17 2013-08-05
220 SHARES TEVA PHARM P 2013-08-01 2013-11-26
290 SHARES TEVA PHARM P 2013-08-01 2013-11-26
310 SHARES TEVA PHARM P 2013-08-01 2013-11-26
360 SHARES TEVA PHARM P 2013-08-01 2013-11-26
125 SHARES UNITED HEALTH CARE P 2013-07-17 2013-08-29
95 SHARES UNITED HEALTH CARE P 2013-07-17 2013-08-30
500 SHARES US TREASURY BONDS @ 08/15/22 P 2013-08-13 2013-09-26
3500000 SHARES US TREASURY NOTE P 2013-08-13 2013-08-16
70000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-10-02
85000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-10-04
85000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-10-07
90000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-10-31
20000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-15 2013-11-05
90000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-11-08
175000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-11-15
70000 SHARES US TREASURY NOTE 12/15/2015 P 2013-08-16 2013-11-05
100 SHARES VODAFONE P 2013-08-22 2013-09-12
125 SHARES VODAFONE P 2013-08-22 2013-09-13
55 SHARES VODAFONE P 2013-08-22 2013-09-13
45 SHARES VODAFONE P 2013-07-17 2013-09-16
125 SHARES VODAFONE P 2013-08-22 2013-09-17
130 SHARES VODAFONE P 2013-08-22 2013-09-17
300 SHARES WALGREEN P 2013-09-26 2013-11-14
10 SHARES WALGREEN P 2013-09-26 2013-11-14
40 SHARES WALGREEN P 2013-08-18 2013-11-14
GS FX NA CURRENCY BASKET 08/5/1 P 2012-02-03 2013-08-05
UBS CBEN PALLADIUM 8/20/13 LNKD P 2012-08-08 2013-08-20
11857.708 SHS JPM REALTY INCOME FD- INSTL FUND 1372 JP (ID:9040504-50-3) P 2013-08-01 2013-08-06
9146.341 SHS JPM TR I GL RES ENH IDX FD FUND 3457 JP MORGAN (ID: 46637K-51-3 P 2013-08-01 2013-08-06
4021.448 SHS JPM CHINA REGION FD- SEL FUND 3810 JP MORGAN (ID: 4812A3-52-8) P 2013-08-01 2013-08-06
23572.625 SHS PIMCO TOTAL RETURN 111-P (ID: 72201 P-59-7) P 2013-08-01 2013-08-06
3983.006 SHS PRUDENTIAL JENN M/C GROW-Z (ID: 74441 C-80-8) P 2013-08-01 2013-08-06
15581.272 SHS EATON VANCE GLOBAL MACRO-1 (ID: 277923-72-8) P 2013-08-01 2013-08-06
633 SPDR GOLD TRUST (ID: 78643V-10-7) P 2013-08-01 2013-10-31
DB SARN BRL 01/19/14 P 2012-07-13 2013-01-18
UNTITLED CAMINO (PLATE IV) D 2011-07-05 2013-01-25
UNTITLED CAMINO (REAL) D 2011-07-05 2013-01-25
UNTITLED CAMINO REAL D 2011-07-05 2013-01-25
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,836   5,300 536
b 4,283   4,072 211
c 2,596   2,443 153
d 20,464   20,826 -362
e 5,116   5,017 99
9,215   9,994 -779
9,757   9,857 -100
5,420   5,182 238
4,306   4,145 161
5,719   5,844 -125
839   931 -92
814   931 -117
1,634   1,863 -229
2,632   2,980 -348
1,480   1,451 29
3,310   3,225 85
1,167   1,129 38
18,102   18,430 -328
7,426   7,289 137
4,655   4,555 100
83,281   83,442 -161
94,076   93,873 203
60,814   60,070 744
89,866   89,770 96
10,446   9,960 486
434   415 19
6,515   6,075 440
4,332   4,050 282
12,094   12,512 -418
9,248   9,300 -52
1,771   1,789 -18
13,822   14,152 -330
4,242   4,422 -180
16,969   15,820 1,149
1,258   1,180 78
2,220   2,066 154
1,593   1,476 117
382   354 28
8,793   8,864 -71
11,591   11,577 14
12,390   12,164 226
14,389   13,608 781
9,074   8,500 574
6,805   6,460 345
69,648   70,053 -405
349,877   350,096 -219
69,795   69,634 161
84,768   84,555 213
84,648   84,555 93
89,831   89,529 302
19,966   19,895 71
89,877   89,511 366
174,699   174,050 649
49,916   49,729 187
3,306   2,973 333
4,087   3,716 371
1,820   1,635 185
1,489   1,324 165
4,154   3,679 475
4,360   3,826 534
17,830   16,887 943
596   563 33
2,383   1,955 428
5,700,000   5,000,000 700,000
2,692,500   2,500,000 192,500
141,937   150,000 -8,063
150,823   150,000 823
77,252   75,000 2,252
224,176   225,118 -942
151,235   150,000 1,235
149,736   150,512 -776
80,849   78,705 2,144
5,467,500   5,000,000 467,500
6,300,000   3,500,000 2,800,000
7,000,000   3,500,000 3,500,000
7,000,000   3,500,000 3,500,000
356,419     356,419
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       536
b       211
c       153
d       -362
e       99
      -779
      -100
      238
      161
      -125
      -92
      -117
      -229
      -348
      29
      85
      38
      -328
      137
      100
      -161
      203
      744
      96
      486
      19
      440
      282
      -418
      -52
      -18
      -330
      -180
      1,149
      78
      154
      117
      28
      -71
      14
      226
      781
      574
      345
      -405
      -219
      161
      213
      93
      302
      71
      366
      649
      187
      333
      371
      185
      165
      475
      534
      943
      33
      428
      700,000
      192,500
      -8,063
      823
      2,252
      -942
      1,235
      -776
      2,144
      467,500
      2,800,000
      3,500,000
      3,500,000
      356,419
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 11,521,790
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 30,954,681 64,077,122 0.483085
2011 5,152,694 29,312,451 0.175785
2010 199,498 4,226,727 0.047199
2009 159,873 3,107,533 0.051447
2008 99,709 2,024,908 0.049241
2 Total of line 1, column (d) ...................... 2 0.806757
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.161351
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 58,125,743
5 Multiply line 4 by line 3....................... 5 9,378,647
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 76,984
7 Add lines 5 and 6......................... 7 9,455,631
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,026,666
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 153,967
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 153,967
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 153,967
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 137,463
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 137,463
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 16,504
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE, NY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDAVID R BAUM Telephone no.bullet (212) 768-6925
    Located atbullet1221 AVENUE OF THE AMERICASNEW YORKNY ZIP+4bullet100201089
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16Yes  
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bulletIT
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    NICOLA DEL ROSCIO PRESIDENT
    50.00     		0 0 0
    C/0 WITHERS BERGMANLLP430 PARK
    AVENUE
    NEW YORK,NY100223528
    THOMAS H SALIBA VICE PRESIDENT/TREASURER
    30.00     		0 0 0
    C/0 WITHERS BERGMANLLP430 PARK
    AVENUE
    NEW YORK,NY100223528
    RALPH E LERNER ESQ VICE PRESIDENT/SECRETARY
    30.00     		0 0 0
    C/0 WITHERS BERGMANLLP430 PARK
    AVENUE
    NEW YORK,NY100223528
    JULIE SYLVESTER DIRECTOR
    50.00     		0 0 0
    C/0 WITHERS BERGMANLLP430 PARK
    AVENUE
    NEW YORK,NY100223528
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    YUMIKA SAITO CONSULTING SERVICES 136,905
    VIA AVENTINA 35
    ROME   00153
    IT
    VIOREL GRASU WAREHOUSE MANAGEMENT FEES 113,169
    VIA DEL CASTELLO 13
    GAETA   04024
    IT
    WITHERS BERGMAN LLP LEGAL SERIVCES 101,838
    157 CHURCH STREET
    NEW HAVEN,CT06510
    LH FRISHKOFF & CO LLP ACCOUNTING SERVICE 71,882
    529 FIFTH AVENUE 9TH FL
    NEW YORK,NY10017
    ELEONORA DI ERASMO CONSULTING SERVICES 47,107
    VIA TELEGONO 6
    ROME   00175
    IT
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,906,287
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    153,967
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    153,967
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,752,320
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,752,320
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    2,752,320
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 2,752,320
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009....... 2,736
    c From 2010.......  
    d From 2011....... 5,047,545
    e From 2012....... 27,883,205
    fTotal of lines 3a through e......... 32,933,486
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 3,026,666
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 2,752,320
    e Remaining amount distributed out of corpus 274,346
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 33,207,832
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		33,207,832
    10 Analysis of line 9:
    a Excess from 2009.... 2,736
    b Excess from 2010....  
    c Excess from 2011.... 5,047,545
    d Excess from 2012.... 27,883,205
    e Excess from 2013.... 274,346
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    WHITNEY MUSEUM OF AMERICAN ART
    945 MADISON AVENUE
    NEW YORK,NY10021     		NONE PUBLIC CHARITY PROMOTING VISUAL ART IN UNITED STATES 1,000,000
    Total .................................bullet 3a 1,000,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 227,136  
    4 Dividends and interest from securities....     14 358,833  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 7,021,790  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMENIL CATALOGUE     01   64,118
    bCURRENCY EXCHANGE LOSS     18   -3,441
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 7,607,759 60,677
    13Total. Add line 12, columns (b), (d), and (e)..................
    137,668,436
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11A THE PROCEEDS FROM THE INCOME WERE UTILIZED FOR FUNDING THE FOUNDATION' EXPEDITURES TO FURTHER THE TAX EXEMPT PURPOSE OF THE FOUNDATION
    11B CURRENCY EXCHANGE LOSS
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 71,882 7,188   64,694

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2011-10-17 804   200DB 5.000000000000 0 0    
    FURNITURE & FIXTURES - ROME 2012-05-31 7,633 382 ADS 10.000000000000 763 0    
    FURNITURE & FIXTURES - ROME 2012-08-03 7,466 373 ADS 10.000000000000 747 0    
    COMPUTER 2012-10-23 2,603 260 ADS 5.000000000000 521 0    
    COMPUTER - EQUIPMENT 2013-03-31 1,523   ADS 10.000000000000 76 0    

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CS BREN CURRENCY BASKET 7/05/13 0 0
    JPM MT FLOAT RATE NOTE-% 772,005 780,183
    CREDIT SUISSE NY MTN 4% 5,000,005 5,025,000
    JP MORGAN CHASE & CO FRN 3ML+112.50 DUE 09/22/2015 81,116 80,990
    CELGENE CORP 2.450% DUE 10/15/2015 82,523 82,183
    COSTCO WHOLESALE CORP 0.650% DUE12/07/2015 70,022 70,128
    ANHEUSER-BUSCH INBEV FIN 0.800 % DUE 01/15/2016 80,028 79,944
    GOLDMAN SACHS GROUP INC 3.625% DUE 02/07/2016 84,057 83,958
    CHEMICAL CO!THE DOW2.516 2.500% DUE02/15/2016 82,684 82,448
    MORGAN STANLEY 1.750% DUE 02/25/2016 91,239 91,207
    MEDIA LLC 2.875% DUE 04/01/2016 83,745 83,276
    INSTRUMENT INC TXN 2.37516 2.375% 82,865 82,923
    TOYOTA MOTOR CREDIT CORP 0.800% DUE 05/17/2016 69,920 70,074
    EXPRESS CREDIT 1 .300% DUE 07/29/2016 69,983 70,541
    HATHAWAY FIN 0.950 % DUE 08/15/2016 84,838 85,385
    COCA-COLA CO 1 .800 % DUE 09/01/2016 87,381 87,041
    HONDA FINANCE 1.125% DUE10/07/2016 90,396 90,368
    PROCTER & GAMBLE CO 0.750% DUE11/04/2016 89,991 89,611
    CITIGROUP INC 1.300% DUE 11/15/2016 89,910 89,685
    GENERAL ELEC CAP CORP 2.900% DUE 01/09/2017 83,320 83,517
    APPLE INC FRN 0.492% DUE 05/03/2018 69,843 69,881
    SHELL INTERNATIONAL FIN 0.900% DUE 11/1512016 84,894 84,988
    KFW 1.250% DUE 02/15/2017 80,480 80,773
    AVENUE MUT FDS TR CREO STRA INST 200,000 201,238
    DODGE & COX INCOME FUND 858,907 855,519
    DOUBLELINE TOTAL RET BD-1 234,638 229,592
    JPM SH DURATION HIGH YLD FD- SEL 292,986 294,671
    JPM STRAT INCOME OPPORT FD- SEL 974,482 974,631
    JPM SHORT DURATION BOND FD- SEL 978,655 976,860
    JPM MULTI SECTOR INCOME FD - SEL 292,225 296,998
    JPM INFLATION MGD BOND FD- SEL 351,763 348,216
    PIMCO TOTAL RETURN FUND-INST 440,745 436,017
    RIDGEWORTH SEIX FLOATING-I 494,430 496,106
    PIMCO EMERGING LOCAL BOND.P 293,975 278,259

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DOLLAR GENERAL CORP (DG) 54,406 59,716
    L BRANDS INC (L..B) 40,143 41,748
    MACY'S INC (M) 52,346 60,876
    TARGET CORP (TGT) 48,757 45,554
    VIACOM INC CL B NEW (VIAB) 35,135 41,049
    CVS/CAREMARK CORP (CVS) 41,126 49,383
    LORILLARD INC COM (LO) 26,817 29,141
    WALGREEN CO (WAG) 26,771 31,592
    CONOCOPHILLIPS (COP) 37,535 38,857
    MARATHON OIL CORP (MRO) 24,712 25,416
    ACE UMRRED 53,931 60,047
    AMERICAN INTL GROUP INC ?1\IG) 35,760 37,777
    CRRIGROUP INC (C) 38,119 39,603
    KEYCORP NEW (KEY) 19,514 20,666
    MORGAN STANLEY GAP INC (MS) 20,483 21,952
    AETNA INC NEW ?1\ETJ 44,427 48,013
    MYLAN INC (MYL) 68,523 71,610
    PFIZER INC (PFE) 63,128 66,620
    THERMO FISHER SCIENTIFIC (TMO) 54,045 65,696
    ZIMMER HLDGS INC (ZMI-Q 69,166 78,279
    CUMMINS INC (CMI) 19,517 21,145
    ILLINOIS TOOL WORKS INC ~TW) 44,734 49,607
    NIELSEN HOLDINGS BV 44,885 58,739
    UNION PACIFIC CORP (UNP) 49,898 53,760
    ACCENTURE PLC CL A 29,142 32,065
    APPLE INC (AAPL) 68,890 78,542
    AVAGO TECHNOLOGIES 54,403 71,386
    INTERNATIONAL BUS MACHINES ~BM) 54,380 54,395
    QUALCOMM INC (QCOM) 58,593 65,340
    CENTURYUNK INC (CTL) 24,568 23,250
    AMERICAN WATER WORKS CO (AWK) 66,381 67,827
    BRIDGESTONE CORP ADR 32,795 34,458
    DAIHATSU MOTOR CO. LTD ADR 30,842 25,770
    NIKON CORP PLC UNSPON-ADR 33,958 33,353
    SWATCH GROUP AG UNSPON ADR 27,093 27,839
    VOLKSWAGEN AG ADR 40,019 47,821
    IMPERIAL TOBACCO LT ADR 52,031 56,536
    J SAINSBURY SPN ADR NEW 63,018 61,540
    SVENSKA CL AKTIBLGT ADR 45,658 51,484
    ENI S.P.A. ADR 32,193 34,427
    SINOPEC/CHINA PETE&CHM ADR 51,265 55,053
    TOTALSAADR 57,143 63,108
    ALLIANZ AKTIENGES ADR 19,741 22,452
    BNP PARIBAS SPON ADR 51,746 60,106
    CHINA CONSTRUCTION ADR 49,127 49,042
    MUNICH REGROUP ADR 54,318 61,238
    RSA INS GRP INC SPON ADR 66,560 50,144
    SKANDINAVISKA ENSKILD ADR 19,927 22,389
    WHARF HOLDINGS ADR 19,835 17,131
    SANOFI-ADR 57,836 60,065
    ITOCHU CORP ADR 62,591 62,536
    WEIR GROUP PLC ADR 51,387 48,818
    SUMITOMO METAL MIN CO LTD 47,501 43,495
    CHINA TELECOM ADA 57,805 57,144
    KDDI CORP ADA 37,243 45,012
    TELE2ABADR 42,379 37,570
    TIM PARTICIPACOES SA ADR 34,491 44,608
    TOKYO GAS LTD ADR 37,115 32,922
    OW LARGE CAP STRATEGIES FD 4,320,846 4,666,434
    OW GLOBAL SML & MID CAP FD 2,981,029 3,068,083
    OW GLOBAL OPPORTUNITIES FD 3,105,773 3,090,606
    OW REAL RETURN FUND 600,000 607,946
    BNP CONT BUFF EQ SPX 12/10114 300,000 304,966
    CS CONT BUFF EQ SPX 11/13114 300,000 309,837
    CULLEN HIGH DMDEND EQ-1 530,701 557,722
    EDGEWOOD GROWTH FUND-INS 694,823 795,665
    JOHN HANCOCK 111-DISCPLN V-1 539,536 553,887
    JPM US LARGE CAP CORE PLUS FD - SEL 860,706 878,289
    NEUBERGER BER MU/C OPP-INS 593,782 656,732
    PRINCIPAL MIDCAP FUND-INS MIDCP GROWTH I 455,946 482,295
    TIMESSQUARE MID CAP GROW-PRM 422,749 425,752
    SOUTHERNSUN US EQUITY FUND 314,608 338,806
    CAPITAL PRIVATE CLIENT SVCS CAP NON US EQT 942,445 986,360
    DODGE & COX INTL STOCK FUND 1,027,366 1,093,332
    MFS INTL VALUE-I 547,248 580,844
    BARC MARKET PLUS SX5E 04129/15 300,000 297,150
    VANGUARD FTSE EUROPE ETF 289,075 321,930
    COLUMBIA ASIA PAX X-JPN-R5 243,231 252,974
    T ROWE PRICE NEW ASIA 453,914 451,758
    NEUBERGER BERMAN EQUITY FDS 172,410 185,035
    VIRTUS EMERGING MKTS OPPOR-1 367,955 355,705
    EQUINOX FDS TR 290,000 292,246
    GATEWAY FUND-Y 739,076 756,182
    GOLDMAN SACHS TR STRG INCM INST 292,509 297,582
    INV BALANCED-RISK ALLOC-Y 680,505 638,252
    PIMCO UNCONSTRAINED BOND.P 331,857 326,497
    ISHARES COHEN & STEERS REALTY MAJORS 239,064 226,028

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    US Government Securities - End of Year Book Value:

    1,852,449
    US Government Securities - End of Year Fair Market Value:

    1,833,614
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 InvestmentsOtherSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GS FX NA CURRENCY BASKET 08/5/1 FMV 0 0
    DB SARN BRL 01/19/14 FMV 0 0
    HSBC MKT PLUS SPX FMV 5,000,000 7,216,500
    UBS CBEN PALLADIUM 8/20/13 LNKD FMV 0 0
    WF FIXED/FLOATING MTN CPN 4% FMV 5,000,000 4,940,000
    BARC CONT BUFF EQ PALLADIUM 10/29114 FMV 100,000 101,450
    JPM LEVERAGED CBEN WT1 CRUDE 117115 FMV 100,000 103,310
    PIMCO COMMODITYPL STRAT .P FMV 536,552 538,869
    SG MARKET PLUS WT1 CRUDE 08106114 FMV 100,000 102,400

    TY 2013 LandEtcSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 804 804 0  
    FURNITURE & FIXTURES - ROME 7,633 1,145 6,488  
    FURNITURE & FIXTURES - ROME 7,466 1,120 6,346  
    COMPUTER 2,603 781 1,822  
    COMPUTER - EQUIPMENT 1,523 76 1,447  


    TY 2013 LegalFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 280,084 28,008   252,076


    TY 2013 OtherAssetsSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RESIDENCE- LEXINGTON, VA (NET OF INTERVENING LIFE ESTATE) 159,502 159,502 340,000
    TWOMBLY DRAWINGS 3,097 3,097 3,097
    UNREALIZED GAIN/(LOSS) ON CURRENCY EXCHNAGE 4,084 3,590 3,590
    BEQUESTS - WORKS OF ART 1,450,550,080 1,434,550,080 1,434,550,080
    SECURITY DEPOSITS - NYC UTILITIES 3,705 3,705 3,705
    SECURITY DEPOSITS - ROME OFFICE 0 12,006 12,006
    RECEIVABLE FROM TWOMBLY TRUST 5,000 0 0
    EURO AT HAND 9 261 261


    TY 2013 OtherDecreasesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description Amount
    PRIOR YEAR ADJUSTMENT 13


    TY 2013 OtherExpensesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 4,760 0   4,760
    BANK SERVICE CHARGES 570 570   0
    ART STORAGE 731,329 73,133   658,196
    BOOKS 736 0   736
    CATALOGUE AND PHOTOS 181,549 155,197   26,352
    COMMISSION EXPENSE 4,060,000 4,060,000   0
    COMPUTER - JULIE SYLVESTER 265 0   265
    EQUIPMENT RENTAL 3,878 0   3,878
    INSURANCE 331,605 32,171   299,434
    IT COMPUTER EXPENSE 2,670 0   2,670
    UTILITIES 9,170 0   9,170
    SHIPPING 4,718 472   4,246
    SECURITY EXPENSE 96,028 8,847   87,181
    MANAGEMENT FEES 113,169 11,317   101,852
    MAINTENANCE - LEXINGTON 1,015 0   1,015
    REPAIRS 176 0   176
    SUBSCRIPTIONS 1,284 128   1,156
    STAMP DUTY 132 0   132
    VAT 1,100 0   1,100
    OTHER EXPENSE 1,525 0   1,525
    REIMBURSEMENT OF EXPENSES - NICOLA DEL ROSCIO 261 26   235
    REIMBURSEMENT OF EXPENSES - JULIE SYLVESTER 7,049 705   6,344
    REIMBURSEMENT OF EXPENSES - TOM SALIBA 12,089 1,209   10,880
    REIMBURSEMENT OF EXPENSES - OTHER 99 0   99


    TY 2013 OtherIncomeSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MENIL CATALOGUE 64,118 64,118 64,118
    CURRENCY EXCHANGE LOSS -3,441 -3,441 -3,441


    TY 2013 OtherLiabilitiesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Description Beginning of Year - Book Value End of Year - Book Value
    SALES DEPOSIT RECEIVED 5,320,000 0
    LINE OF CREDIT 0 250,000


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 184,012 0   184,012
    INVESTMENT MANAGEMENT FEES 37,451 37,451   0
    PAYROLL FEES - ITALY 12,061 0   12,061


    TY 2013 TaxesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN: 20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE 3,433 0   3,433
    NYS CHARITIES BUREAU 1,500 0   1,500
    FOREIGN TAX - BESSEMER 691 691   0