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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
CY TWOMBLY FOUNDATION
 
% PAMELA WAKOFF
Number and street (or P.O. box number if mail is not delivered to street address)19 East 82nd Street
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10028
A Employer identification number

20-2572529
B Telephone number (see instructions)

(212) 744-2228
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,517,651,209
J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,993,735 2,993,735  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,187,126
b Gross sales price for all assets on line 6a 64,620,471
7 Capital gain net income (from Part IV, line 2)... 3,187,126
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)....... -194,780 -194,780  
12 Total. Add lines 1 through 11........ 5,986,081 5,986,081  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,000     25,000
14 Other employee salaries and wages...... 440,715 16,000   424,715
15 Pension plans, employee benefits....... 85,020 2,859   82,161
16a Legal fees (attach schedule)......... 703,439 0 0 703,439
b Accounting fees (attach schedule)....... 82,000 20,500 0 61,500
c Other professional fees (attach schedule).... 596,500 572,695   23,805
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 427,574 3,974   98,600
19 Depreciation (attach schedule) and depletion... 807,421    
20 Occupancy.............. 99,759     99,759
21 Travel, conferences, and meetings....... 35,715     35,715
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 4,352,301 3,114,217   1,238,084
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,655,444 3,730,245 0 2,792,778
25 Contributions, gifts, grants paid....... 11,751,665 11,751,665
26 Total expenses and disbursements. Add lines 24 and 25 19,407,109 3,730,245 0 14,544,443
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -13,421,028
b Net investment income (if negative, enter -0-) 2,255,836
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 712,955 700,767 700,767
2 Savings and temporary cash investments......... 3,120,241 5,233,616 5,233,616
3 Accounts receivable bullet58,035
Less: allowance for doubtful accounts bullet0 0 58,035 58,035
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) 4,344,183 Click to see attachment12,145,117 12,145,117
b Investments—corporate stock (attach schedule)....... 41,783,896 Click to see attachment39,887,171 39,887,171
c Investments—corporate bonds (attach schedule)....... 21,993,716 Click to see attachment15,285,486 15,285,486
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 41,268,189 Click to see attachment53,212,192 53,212,192
14 Land, buildings, and equipment: basis bullet30,109,129
Less: accumulated depreciation (attach schedule) bullet5,612,887 25,299,563 Click to see attachment24,496,242 24,496,242
15 Other assets (describe bullet) Click to see attachment1,378,737,512 Click to see attachment1,366,632,583 Click to see attachment1,366,632,583
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,517,260,255 1,517,651,209 1,517,651,209
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,517,260,255 1,517,651,209
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,517,260,255 1,517,651,209
30 Total liabilities and net assets/fund balances (see instructions). 1,517,260,255 1,517,651,209
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,517,260,255
2
Enter amount from Part I, line 27a .....................
2
-13,421,028
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
13,811,982
4
Add lines 1, 2, and 3 ..........................
4
1,517,651,209
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,517,651,209
Form 990-PF (2020)
Form 990-PF (2020)
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 MARKETABLE SECURITIES P    
b ARTWORK D    
c
d
e
(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 53,620,471   53,133,345 487,126
b 11,000,000   8,300,000 2,700,000
c
d
e
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       487,126
b       2,700,000
c
d
e
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 3,187,126
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 31,356
c All other domestic foundations enter 1.39% 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  
3 Add lines 1 and 2........................... 3 31,356
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 31,356
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 336,591
b Exempt foreign organizations—tax withheld at source...... 6b 0
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.............. 7 336,591
8 Enter any penalty for underpayment of estimated tax. Check here 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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 305,235
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet305,235 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? See the 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
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletwww.cytwombly.org
    14
    The books are in care ofbulletPAMELA WAKOFF Telephone no.bullet (212) 744-2228

    Located atbullet19 EAST 82ND STREETNEW YORKNY ZIP+4bullet10028
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    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 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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
     
    No
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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 4945(d)(4)(A)? 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
     
    No
    .........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). Click to see attachment
    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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    40.0
    0 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    DAVID BAUM SECRETARY
    3.0
    0 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    JONAS STORSVE DIRECTOR
    1.0
    0 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    PAUL WINKLER Director
    1.0
    0 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    UDO BRANDHORST Director
    1.0
    0 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    Nicholas Serota Director
    1.0
    25,000 0 0
    19 East 82nd Street
    NEW YORK,NY10028
    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
    ELEONORA DI ERASMO ADMINISTRATOR
    40.0
    92,828 0 0
    LARGO FONTANELLA BORGHESE 19
    ROME   00186
    IT
    PAMELA WAKOFF CONTROLLER
    40.0
    80,000 2,400 0
    19 EAST 82ND STREET
    NEW YORK,NY10028
    VIOREL GRASU ADMINISTRATOR
    40.0
    96,826 0 0
    LARGO FONTANELLA BORGHESE 19
      ROME00186
    IT
    RAFFAELE VALANTE ADMINISTRATOR
    40.0
    92,590 0 0
    LARGO FONTANELLA BORGHESE 19
    ROME   00186
    IT
    VALENTINA DI CESARE ADMINISTRATOR
    40.0
    60,000 1,800 0
    19 EAST 82ND STREET
    NEW YORK,NY10028
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    JAFRAM AG STORAGE 552,960
    GASWERKSTRASSE 12
    SCHLIEREN   CH-8952
    SZ
    UBS FINANCIAL SERVICES INC MANAGEMENT FEES 223,958
    1285 AVENUE OF THE AMERICAS
    NEW YORK,NY10019
    BAUM LLC LEGAL 576,000
    270 LAFAYETTE STREET
    NEW YORK,NY10012
    GAGOSIAN GALLERY COMMISSION 3,075,000
    6-35 BRITANNIA STREET
    LONDON   WC2X 9JD
    UK
    MORGAN STANLEY MANAGEMENT FEES 178,586
    522 FIFTH AVENUE
    NEW YORK,NY10036
    Total number of others receiving over $50,000 for professional services.............bullet1
    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  
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    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
    107,554,636
    b
    Average of monthly cash balances.......................
    1b
    5,254,707
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    112,809,343
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    112,809,343
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,692,140
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    111,117,203
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,555,860
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,555,860
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    31,356
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    31,356
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,524,504
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,524,504
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    5,524,504
    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
    14,544,443
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    14,544,443
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    14,544,443
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 5,524,504
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 1,706,104
    d From 2018...... 1,684,191
    e From 2019...... 2,937,145
    fTotal of lines 3a through e........ 6,327,440
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 14,544,443
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 5,524,504
    e Remaining amount distributed out of corpus 9,019,939
    5 Excess distributions carryover applied to 2020.    
    (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 15,347,379
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    15,347,379
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 1,706,104
    c Excess from 2018.... 1,684,191
    d Excess from 2019.... 2,937,145
    e Excess from 2020.... 9,019,939
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 foundation 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 or email address 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 (2020)
    Form 990-PF (2020)
    Page 11
    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
    FOUNDATION FOR CONTEMPORARY ARTS INC
    820 GREENWICH STREET
    NEW YORK,NY10014
    NONE PC SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY ($40,000) AND SUPPORT TO THE EMERGENCY COVID RELIEF FUND ($250,000) 290,000
    COMUNE DI GAETA
    PIAZZA 19 MAGGIO 10
    GAETA LT   04024
    IT
    None GOV COVID RELIEF 417,105
    UNITED STATES ARTISTS INC
    200 W MADISON STREET
    CHICAGO,IL60606
    NONE PC COVID RELIEF 250,000
    NEW YORK FOUNDATION FOR THE ARTS
    20 JAY STREET
    BROOKLYN,NY11201
    NONE PC COVID RELIEF 275,000
    MUSEUM OF CYCLADIC ART
    4 NEOPHYTOU DOUKA STREET
    ATHENS    
    GR
    NONE PC EXHIBITION SUPPORT 50,000
    DRAWING CENTER INC
    35 WOOSTER STREET
    NEW YORK,NY10013
    NONE PC SUPPORT FREE ADMISSION PROGRAM 50,000
    SAFE HORIZON INC
    2 LAFAYETTE STREET 3RD FLOOR
    NEW YORK,NY10007
    NONE PC COVID RELIEF 50,000
    PHILADELPHIA MUSEUM OF ART
    2600 BENJAMIN FRANKLIN PARKWAY
    PHILADELPHIA,PA19130
    NONE PC EXHIBITION SUPPORT 10,000,000
    LAZIOFARMA SPA
    PIAZZA SAN CARLO 10
    GAETA LT   04024
    IT
    NONE NC SUPPORT FOR COVID RELIEF RELATED HOSPITAL SUPPLIES 119,560
    SWISS INSTITUTE
    117 SECOND AVENUE
    NEW YORK,NY10003
    NONE PC SUPPORT FOR COVID RELIEF 250,000
    Total .................................bullet 3a 11,751,665
    bApproved for future payment
    Philadelphia Museum of Art
    2600 Benjamin Franklin Parkway
    Philadelphia,PA19130
    None PC EXHIBITION SUPPORT 7,000,000
    SAFE HORIZON INC
    2 LAFAYETTE ST 3RD FLOOR
    NEW YORK,NY10017
    NONE PC GENERAL SUPPORT 50,000
    DRAWING CENTER INC
    35 WOOSTER STREET
    NEW YORK,NY10013
    NONE PC GENERAL SUPPORT 50,000
    FOUNDATION FOR CONTEMPORARY ARTS INC
    820 Greenwich Street
    NEW YORK,NY10014
    NONE PC SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY 40,000
    Total .................................bullet 3b 7,140,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    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 ...........
             
    4 Dividends and interest from securities....     14 2,993,735  
    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 3,187,126  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLOSS ON CURRENCY EXCHANGE
        01 -194,780  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,986,081  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,986,081
    (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.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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) 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 instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDITING AND TAX PREP FEES 82,000 20,500   61,500

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

    TY 2020 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
    LAND 2013-01-01 640,000   L          
    BUILDINGS 2013-01-01 27,419,895 4,218,444 SL 39 703,074      
    BUILDING IMPROVEMT 2013-01-01 1,793,645 433,087 SL 22 75,972      
    FURNITURE & EQUIP 2013-01-01 255,589 158,035 SL 10 24,275      

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    TY 2020 ExpenditureResponsibilityStmt
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    LAZIOFARMA SPA
     
    PIAZZA SAN CARLO 10
    GAETA LT   04024
    IT
    2020-03-04 119,560 SUPPORT FOR COVID RELIEF RELATED HOSPITAL SUPPLIES 119,560 NO DECEMBER 31, 2020    
    COMUNE DI GAETA
     
    PIAZZA 19 MAGGIO 10
    GAETA LT   04024
    IT
    2020-04-15 417,105 COVID RELIEF 417,105 NO DECEMBER 31, 2020    
    MUSEUM OF CYCLADIC ART
     
    4 NEOPHYTOU DOUKA STREET
    ATHENS    
    GR
    2020-09-20 50,000 EXHIBITION SUPPORT 50,000 NO DECEMBER 31, 2020    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INCOM 317,711 317,711
    ADT CORP SR NT 4.125% 06/15/23 14,926 14,926
    AECOM GTD SR NT FULLY EXCHANGE 15,618 15,618
    AETNA INC COUPON RATE 3.875% 62,019 62,019
    AIR LEASE CORP 399,788 399,788
    AIRCASTLE LTD SR NT 4.250% 06/ 16,851 16,851
    ALLY FINL INC SR NT 4.625%05/1 5,270 5,270
    ALUMINUM CO AMER NTS 6.750% 01 4,891 4,891
    AMERICAN AIRLINES 2013-1 CLASS 36,917 36,917
    AMERICAN AIRLINES 2014-1 CLASS 63,651 63,651
    AMERICAN AXLE &MFG INC GTO FXD 13,390 13,390
    AMERICAN WATER CAPITAL CORP CO 60,015 60,015
    AMERIGAS PARTNERS LP/ AMERIGAS 18,000 18,000
    ANHEUSER-BUSCH INBEV WORLDWIDE 300,635 300,635
    ARAMARK SVCS INC GTD FXD RT SR 7,206 7,206
    ASBURY AUTOMOTIVE GROUP INC SR 15,015 15,015
    AT&T INC FXD RT SR NT 4.300% 0 298,635 298,635
    BALL CORP FXD RT 4.000% 11/15/ 12,780 12,780
    BALL CORP FXD RT SR NT 4.875% 15,813 15,813
    BANCO SANTANDER SA NTS 404,016 404,016
    BANK AMER CORP FXD RT SR NT SE 492,400 492,400
    BANK AMER CORP SR NT FIXED/FLT 135,068 135,068
    BANK OF AMERICA CORP COUPON RA 34,967 34,967
    BANK OF NOVA SCOTIA BOND ISIN# 412,095 412,095
    BANK OF NOVA SCOTIA COUPON RAT 100,858 100,858
    BANKUNITED INC COUPON RATE 4.8 74,779 74,779
    BED BATH &BEYOND INC FXD RT SR 8,965 8,965
    BERKSHIRE HATHAWAY FINANCE COR 132,053 132,053
    BERRY PLASTICS CORP GTD 2ND PR 6,075 6,075
    BOEING CO SR NT 5.705% 05/01/4 15,573 15,573
    BOYD GAMING CORP GTD FXD RT SR 14,525 14,525
    BOYD GAMING CORP GTD FXD RT SR 15,582 15,582
    BOYD GAMING CORP SR NT 4.750% 17,659 17,659
    BP CAP MKTS AMER INC GTD NT 3. 500,933 500,933
    BRISTOL MYERS SQUIBB CO COUPON 106,880 106,880
    CABLEVISION SYS CORP SR NT 5.8 12,705 12,705
    CAMPBELL SOUP CO COUPON RATE 3 112,705 112,705
    CAPITAL ONE FINANCIAL CO NTS B 401,908 401,908
    CAPITAL ONEFINANCIAL CORP COUP 115,240 115,240
    CDW CORP GTD FXD RT SR NT 5.50 14,534 14,534
    CEDAR FAIR LP/ CANADAS WONDERL 16,360 16,360
    CENTENE CORP DEL GTD FXD RT SR 10,262 10,262
    CENTURY CMNTYS INC SR NT 6.750 10,677 10,677
    CENTURYLINK INC FIXED RATE NOT 15,855 15,855
    CHEMOURS CO GTD FXD RT SR NT 5 15,975 15,975
    CHUBB INA HOLDINGS INC COUPON 54,084 54,084
    CITIGROUP INC FXD TO 032030 VA 48,506 48,506
    COMCAST CORP GTD FXD RT NT 3.3 219,995 219,995
    COMCAST CORP GTD FXD RT SR NOT 134,822 134,822
    CREDIT ACCEP CORP MICH SR NT 6 14,910 14,910
    CROWN AMERS LLC / CROWN AMERS 14,772 14,772
    CSC HLDGS LLC SR NT 5.250% 06/ 15,154 15,154
    CSC HLDGS LLC SR NT 6.750% 11/ 12,540 12,540
    CVS HEALTH CORP FXD RT SR NT 4 174,397 174,397
    CVS HEALTH CORP FXD RT SR NT 4 154,695 154,695
    DARDEN RESTAURANTS INC COUPON 110,188 110,188
    DCP MIDSTREAM OPER LP GTD FXD 15,383 15,383
    DCP MIDSTREAM OPER LP GTD SR N 2,218 2,218
    DELL INC FIXED RT NT 5.400% 09 13,511 13,511
    DELL INC NT 6.500% 04/15/38 B/ 14,910 14,910
    DELTA AIR LINES INC DEL NT 7.3 15,992 15,992
    DISH DBS CORP GTD FIXED RT SR 11,534 11,534
    DISH DBS CORP GTD FXD RT SR- F 14,455 14,455
    ENCOMPASS HEALTH CORP SR NT 4. 14,630 14,630
    ENCOMPASS HEALTH CORP SR NT 4. 14,997 14,997
    ENERGY TRANSFER OPER LP SR NT 16,243 16,243
    ENERGYTRANSFER OPERATING LP CO 236,260 236,260
    ENTERPRISE PRODS OPER LLC GTD 102,236 102,236
    EQM MIDSTREAM PARTNERS LP FXD 14,207 14,207
    EQT CORP NT 8.750% 02/01/30 B/ 13,475 13,475
    EXPEDIA GROUP INC GTD FXD RT S 14,564 14,564
    FEDEX CORP COUPON RATE 4.950% 95,569 95,569
    FORD MTR CO DEL NT 9.000% 04/2 17,164 17,164
    FORD MTR CO DEL NT EUROCLEAR S 12,701 12,701
    FREEPORT-MCMORAN COPPER &GOLD 14,463 14,463
    GENERAL ELEC CAP CORP MEDIUM T 104,361 104,361
    GLP CAP LP/ GLP FING II INC GT 16,067 16,067
    GMAC INC SR GTD NT 8.000% 11/0 16,147 16,147
    GOLDMAN SACHS GROUP INC FXD RT 499,575 499,575
    GOLDMAN SACHS GROUP INC NT 3.8 174,146 174,146
    GOLDMAN SACHS GROUP INC NTS B/ 611,742 611,742
    GRAPHIC PACKAGING INTL INC SR 10,006 10,006
    GRIFFON CORP SR NT 5.750% 03/0 15,863 15,863
    HANOVER INSURANCE GROUP INC/TH 52,186 52,186
    HASBRO INC FIXED RT SR NT 6.35 5,158 5,158
    HBFULLER CO NT 4.250% 10/15/28 15,375 15,375
    HCA INC GTD FXD RT SR NT 5.375 13,494 13,494
    HCA INC SR NT 5.875% 05/01/23 10,988 10,988
    HILLENBRAND INC SR NT 5.750% 0 15,120 15,120
    HILTON DOMESTIC OPER CO INC SR 15,295 15,295
    HILTON WORLDWIDE FIN LLC /HILT 15,876 15,876
    HOST HOTELS &RESORTS LP SR NT 5,268 5,268
    HOST HOTELS &RESORTS LP SR NT 7,200 7,200
    HUGHES SATELLITE SYS CORP GTD 15,453 15,453
    ICAHN ENTERPRISES LP/ ICAHN EN 3,116 3,116
    IHEARTCOMMUNICATIONS INC SR SE 16,050 16,050
    INDIANAMICHIGANPOWERCO COUPON 60,648 60,648
    JEFFERIES GROUP LLC COUPON RAT 47,227 47,227
    JPMORGAN CHASE & CO NTS B/E 610,746 610,746
    JPMORGAN CHASE &CO COUPON RATE 71,152 71,152
    JPMORGAN CHASE &CO FIXED TO FL 180,534 180,534
    JPMORGAN CHASE &CO FXD TO 0520 40,601 40,601
    JPMORGAN CHASE &CO SR NT 3.200 481,668 481,668
    KIRBYCORP COUPON RATE 4.200% 110,914 110,914
    KOHLS CORP NT 9.500% 05/15/25 14,268 14,268
    KRAFT HEINZ FOODS CO GTD FXD R 13,080 13,080
    KROGER CO SR NT 2.950% 11/01/2 300,735 300,735
    L3HARRIS TECHNOLOGIES INC COUP 53,875 53,875
    LBRANDS INC GTD FXD RT SR NT 6 16,712 16,712
    LEVEL 3FING INC GTD FXD RT SR 29,893 29,893
    MARRIOTT OWNERSHIP RESORTS INC 15,675 15,675
    MCKESSON CORP COUPON RATE 3.95 116,563 116,563
    MGIC INVT CORP WIS SR NT 5.250 14,980 14,980
    MGM GROWTH PPTYS OPER PARTNERS 15,063 15,063
    MGM RESORTS INTL FXD RT SR NT 15,479 15,479
    MICROSOFT CORP FXD RT SR NT 4. 193,818 193,818
    MORGAN STANLEY FIXED RATE SR N 487,441 487,441
    MORGAN STANLEY MED TERM NTS 611,394 611,394
    MORGAN STANLEY SR NT FIXED/FLT 132,437 132,437
    MPL.X LP COUPON RATE 4.800% M 54,385 54,385
    MPT OPER PARTNERSHIP LP/ MPT F 14,658 14,658
    NETFLIX INC FXD RT SR NT 5.500 12,555 12,555
    NETFLIX INC GTD FIXED RATE SR 12,655 12,655
    NEWELL BRANDS INC NT 6.000% 04 15,300 15,300
    NISOURCE INC COUPON RATE 3.490 55,563 55,563
    NORDSTROM INC SR NT 4.375% 04/ 17,728 17,728
    NORTHROP GRUMMAN CORP COUPON R 56,541 56,541
    NORTHROP GRUMMAN CORP COUPON R 62,736 62,736
    NRG ENERGY INC GTD FXD RT SR N 12,660 12,660
    OCCIDENTAL PETE CORP SR NT 5.5 13,571 13,571
    OCCIDENTAL PETE CORP SR NT 5.8 17,040 17,040
    OLD REPUBLIC INTERNATIONAL COR 55,135 55,135
    ONEOK INC COUPON RATE 3.400% 37,457 37,457
    ORACLE CORP FXD RT SR NT 2.400 478,433 478,433
    O'REILLY AUTOMOTIVE INC COUPON 118,949 118,949
    PENSKE AUTOMOTIVE GROUP INC SR 15,244 15,244
    PG&E CORP SR SECD NT 5.250% 07 14,300 14,300
    PNC BANK NA COUPON RATE 3.250% 114,099 114,099
    QVC INC GTD SR SECD NT 4.850% 14,008 14,008
    QVC INC GTD SR SECD NT 5.450% 15,600 15,600
    QVC INC SR SECD NT 4.375% 09/0 13,470 13,470
    RADIAN GROUP INC 4.875% 03/15/ 14,277 14,277
    RADIAN GROUP INC 6.625% 03/15/ 10,193 10,193
    RAYMOND JAMES FINANCIALINC COU 22,943 22,943
    RAYMOND JAMES FINANCIALINC COU 24,533 24,533
    REGIONS FINANCIAL CORP COUPON 108,480 108,480
    RHP HOTEL PPTYS LP &RHP FIN CO 14,490 14,490
    SALLY HLDGS LLC / SALLY CAP IN 14,385 14,385
    SBA COMMUNICATIONS CORP FXD RT 14,360 14,360
    SEMPRA ENERGY COUPON RATE 4.00 59,577 59,577
    SERVICE CORP INTL SR NT 3.375% 14,563 14,563
    SHELL INTL FIN BVGTD NT ISIN#U 133,821 133,821
    SOUTHWEST AIRLINES CO COUPON R 103,226 103,226
    SPIRIT AEROSYSTEMS INC GTD FXD 15,768 15,768
    SPIRIT AEROSYSTEMS INC GTO FXD 14,831 14,831
    SPRINT NEXTEL CORP SR NT 11.50 14,105 14,105
    STARWOOD PPTY TR INC GTD FXD R 14,235 14,235
    TEGNA INC SR NT 5.000% 09/15/2 14,790 14,790
    TELEFLEX INC FXD RT SR NT 4.62 12,896 12,896
    TENET HEALTHCARE CORP GTD FXR 15,292 15,292
    TENET HEALTHCARE CORP GTD SECD 15,375 15,375
    TEXTRON INC COUPON RATE 3.650% 54,089 54,089
    TOLL BROS FIN CORP GTD FXD RT 14,853 14,853
    TRACTOR SUPPLY CO COUPON RATE 55,279 55,279
    TRANSDIGM INC SR SUB NT 5.500% 16,821 16,821
    TRANSDIGM INC SR SUB NT 7.500% 10,675 10,675
    UNITED RENTALS NORTH AMER INC 12,704 12,704
    UNITED RENTALS NORTH AMER INC 14,665 14,665
    VERISIGN INC SR NT FULLY EXCHA 13,635 13,635
    VERIZON COMMUNICATIONS INC COU 35,266 35,266
    VERIZON COMMUNICATIONS INC COU 53,509 53,509
    VERIZON COMMUNICATIONS INC FXD 485,989 485,989
    VERIZON COMMUNICATIONS INC FXD 132,013 132,013
    WALGREENS BOOTS ALLIANCE INC C 66,360 66,360
    WELLS FARGO &CO MEDIUM TERM SR 136,031 136,031
    WELLS FARGO &CO NEW MEDIUM TER 474,963 474,963
    WESTERN DIGITAL CORP FXD RT SR 15,470 15,470
    WESTERN GAS PARTNERS LP GTD FX 9,360 9,360
    WESTERN MIDSTREAM OPER LP SR N 6,600 6,600
    WEYERHAEUSER REAL ESTATE CO GT 15,281 15,281
    WPX ENERGY INC FXD RT SR NT 5. 12,615 12,615
    WYNDHAM DESTINATIONS INC NT 4. 15,337 15,337
    ADT CORPFXDRT SRNT 6.250%10/15 0 0
    AESCORPFXDRTSRNT5.500%04/15/25 0 0
    AMCNETWORKSINCGTDFXDRTSRNT4.75 0 0
    ABBVIEINCFXDRTSRNT4.250%11/14/ 0 0
    AECOMGTDSRNT FULLYEXCHANGEDFRO 0 0
    ALLYFINL INCGTDSRNT 8.000% 03/ 0 0
    AMERICANINTLGROUPINCSRNTFXDRT4 0 0
    AMERICANINTLGROUPINCFXDRTNT3.9 0 0
    AMERICANTOWERCORPNEWFXDRTSRNT3 0 0
    ANHEUSERBUSCHINBEVWORLDWIDEINC 0 0
    ANTEROMIDSTREAM PARTNERSLP/ AN 0 0
    APPLEINCFXDRT 2. 400% 05/03/23 0 0
    ASBURYAUTOMOTIVEGROUPINCGTDSRS 0 0
    BALL CORPGTDFXDRT SRNT 4.375%1 0 0
    BANKAMERCORPFXDRTSERL4.125%01/ 0 0
    BERRYPLASTICSCORPGTD2ND PRIORI 0 0
    BLUECUBESPINCOINCGTDFXDRT SRNT 0 0
    BPCAPMKTSAMERINCGTDFXDRT NT 4. 0 0
    BROADCOMCORP/ BROADCOMCAYMANFI 0 0
    CAMPBELL SOUP CO 0 0
    CCOHLDGSLLC/ CCOHLDGSCAPCORPGT 0 0
    CBSOUTDOORAMERSCAPLLC/ CBSOUTD 0 0
    CDWCORPGTDFXDRT SRNT 5.500%12/ 0 0
    CENTENECORPDEL GTDFXDRT SRNT 4 0 0
    CHARTERCOMMUNICATIONSOPERLLC/ 0 0
    CHARTERCOMMUNICATIONSOPERLLC/ 0 0
    CONCHORESINCGTDFXDRT SRNT 4.37 0 0
    CROWNCASTLEINTLCORPSRNT5.250%0 0 0
    DAVITAINCGTDFXDRTSRNT5.125%07/ 0 0
    DAVITAINCGTDSRNT5.000%05/01/25 0 0
    DIAMONDOFFSHOREDRILLINGINCFXDR 0 0
    DIGITAL RLTYTRLPGTDFXDRT NT 3. 0 0
    EMCCORPMASSSRNT 3.375% 06/ 01/ 0 0
    ELDORADORESORTSINCGTDFXDRT SRN 0 0
    ENCOMPASSHEALTHCORPSRNT 4. 500 0 0
    FREEPORT-MCMORANCOPPER& GOLD I 0 0
    GENERALMTRSCOSRFXDRT NT 6.250% 0 0
    GOLDMANSACHSGROUPINCFXDRT SRNT 0 0
    HCA INCGTDFIRST LIENSRSECDNT 5 0 0
    HEALTHSOUTHCORPGTDFXDRT SRNT F 0 0
    HILTONWORLDWIDEFINLLC/ HILTONW 0 0
    HUNTSMAN INTL LLCSRNT 4.500% 0 0 0
    ISTARINCSRNT 4.750%10/01/24 B/ 0 0
    INTERNATIONAL LEASEFINCORPSRNT 0 0
    IRONMTNINCDELSRSUBNT5.750%08/1 0 0
    JPMORGANCHASE& COFIXEDTOFLTGRA 0 0
    KENNEDYWILSON INCGTDSRNT FULLY 0 0
    LKQCORPGTDSRNT EXCHANGEDFROMOR 0 0
    LAMARMEDIA CORPSRSUB NT- FULLY 0 0
    LENNARCORPGTDFXDRT SRNT 4.750% 0 0
    LENNARCORPGTDFXDRTSRNT4.750%11 0 0
    LEUCADIA NATL CORPFXDRT NOTE5. 0 0
    LEVEL 3 FINGINCGTDFXDRT SRNT F 0 0
    MGICINVT CORPWISFXDRT SRNT 5.7 0 0
    MGM RESORTSINTL GTDFXDRT SRNT 0 0
    MPT OPERPARTNERSHIPL P/ MPT FI 0 0
    MICRONTECHNOLOGY INCSRNT 5.327 0 0
    MURPHYOILCORPFXDRTSRNT6.875%08 0 0
    NABORSINDSINCNEW GTDFXDRT SRNT 0 0
    NATIONSTARMTGLLC/ NATIONSTARCA 0 0
    OCEANEERINGINTLINCFXDRTSRNT4.6 0 0
    PROVINCEOFONTARIOISIN#US 68323 0 0
    PULTEGROUPINCGTDFXDRT SRNT 5.5 0 0
    QUALCOMM INCFXDRT NT 3.000% 05 0 0
    ROYALCARIBBEANCRUISESLTDSRSUBN 0 0
    SBACOMMUNICATIONSCORPFIXEDRTSR 0 0
    SERVICECORPINTL SRNT 5.375% 05 0 0
    SPRINGLEAFFINCORPGTDFXDRT SRNT 0 0
    SPRINGLEAFFINCORPGTDFXDRT SRNT 0 0
    SPRINT CORPGTDFXDRT SR7.875% 0 0 0
    SPRINT CORPGTDFXDRT SRNOTE7.62 0 0
    STEELDYNAMICSINCGTDSRNT5.250%0 0 0
    SUMMITMATLSLLC/ SUMMITMATLSFIN 0 0
    T-MOBILEUSA INCGTDFIXEDRT SR6. 0 0
    TRANSDIGMINCGTDSRSUB NT FULLYE 0 0
    TRANSDIGMINCSRSUB NT FULLYEXCH 0 0
    UNITEDAIRLSHLDGSINCGTDSRNT 4.8 0 0
    VERISIGN INCGTDFXDRT SR4.625% 0 0
    AMERICANAIRLINES2015-1CLASSAPA 0 0
    JOHNDEERECAPITALCORP 0 0
    KRAFT HEINZ FOODS CO NTS 0 0
    US TREASURY NOTE 2.625% 0 0
    US TREASURY BOND 3.00%    
    US TREASURY BOND 2.50%    
    US TREAURY BOND 3.00%    
    FNMA 6.625%    
    FHLM CORP PARTNER CTFS    
    FNMA GTD MTG PASS THRU 4.00%    
    FNMA GTD MTG PASS THRU 5.00%    
    FEDERAL HOME LN MTG CORP 4.5%    
    FEDERAL HOME LN MTG CORP 3.0%    
    FNMA GTD MTG PASS THRU 3.5%    
    FLORIDA HURRICAN CORP REV BOND    
    OKLAHOMA CITY DEV TR TAX BOND    
    CHARLESTON CITY SOURCE BOND    
    LOUISIANA PUB AUTHORITY BOND    
    SAN MATEO CALIF BONDS    
    MONROVIA CALIF PENSION BONDS    
    INDIANA ST FIN AUTHORITY BONDS    
    MIAMI DADE COUNTY SPORTS BONDS    
    MIAMI DADE COUNTY WATER BONDS    
    NEW JERSEY ECONOMIC DEV BONDS    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 731,722 731,722
    ABBVIE INC COM 965,422 965,422
    ACCENTURE PLC IRELAND 49,107 49,107
    ADIDAS SALOMON 14,456 14,456
    ADOBE SYS INC COM 45,511 45,511
    ADVANCE AUTO PTS INC COM 19,846 19,846
    ADYEN NVADR 36,888 36,888
    AES CORPCOM 42,676 42,676
    AIA GROUP LTD 64,606 64,606
    AIR LIQUIDE ADR 8,288 8,288
    AIR PRODUCTS & CHEMICALS INC 1,094,519 1,094,519
    AKAMAI TECHNOLOGIES INC COM 22,363 22,363
    AKZO NOBEL NV SPONSORED ADR 35,880 35,880
    ALCON SA ACT 57,733 57,733
    ALEXANDRIA REAL ESTATE 0 0
    ALEXION PHARMACEUTICALS INC CO 25,311 25,311
    ALFA LAVAL AB SWEDENADR 9,329 9,329
    ALIBABA GROUP HLDG LTD SPONSOR 34,677 34,677
    ALLIANZ SE ADR ISIN 21,322 21,322
    ALPHABET INC CL C 0 0
    AMADEUS IT HLDG 0 0
    AMAZON COM INC 140,048 140,048
    AMBEV 9,869 9,869
    AMERICAN EXPRESS 0 0
    AMERICAN INTL GROUP INC COM NE 24,760 24,760
    AMERICAN WATER WORKS 0 0
    AMERICAN TOWER CORP REIT 209,870 209,870
    AMGEN INC COM 411,097 411,097
    ANHEUSER BUSCH INC 15,310 15,310
    APPLE INC COM 85,718 85,718
    APPLIED MATERIALS INC 34,865 34,865
    APTIV PLC SHS COM 16,286 16,286
    ARISTA NETWORKS INC 0 0
    ASHTEAD GROUP PLC ADR 44,722 44,722
    ASML HLDG NV 14,144 14,144
    ASSA ABLOY AB ADR 30,455 30,455
    ATLAS COPCO AB SPON ADR 26,919 26,919
    ATLASSIAN CORPORATION PLC 8,419 8,419
    AUTOMATIC DATA PROCESSING INC 758,541 758,541
    BANCO BILBAO VIZCAYA ARGENTARI 13,323 13,323
    BAUDU COM INC 0 0
    BANK OF AMERICA CORPORATION CO 39,645 39,645
    BARRICK GOLD CORP COM 43,236 43,236
    BASF SE 0 0
    BAXTER INTL INC COM 36,028 36,028
    BIOMARIN PHARMACEUTICAL INC CO 14,381 14,381
    BLACKROCK INC 1,152,299 1,152,299
    BOOZ ALLEN HAMILTON HLDG CORP 0 0
    BRISTOL MYERS SQUIBB CO COM 41,622 41,622
    BROADCOM INC 1,051,716 1,051,716
    BROOKFIELD ASSET MGMT INC 43,953 43,953
    CAMECO CORP 14,512 14,512
    CANADIAN NATL RY CO 8,458 8,458
    CARNIVAL CORP 11,675 11,675
    CBOE GLOBAL MARKETS INC 0 0
    CENTENE CORP DEL COM 27,734 27,734
    CHECK POINT SOFTWARE TECHNOLOG 19,937 19,937
    CHEVRON CORP NEW COM 619,947 619,947
    CH ROBINSON WORLDWIDE INC 0 0
    CHINA MOBILE LTD 0 0
    CHUGAI PHARMAC SHS 18,354 18,354
    CIGNA CORP NEW COM 40,595 40,595
    CISCO SYSTEMS INC 931,337 931,337
    CITIZENS FINANCIAL GROUP 0 0
    CLOSE BROS GROUP ADR 24,704 24,704
    COCA COLA CO 330,576 330,576
    COCA-COLA EUROPEAN PARTNERS 27,955 27,955
    COMCAST CORP CL A 561,938 561,938
    COMPASS GROUP PLC SPONSORED AD 28,207 28,207
    CORNING INC COM 29,124 29,124
    COSTCO WHOLESALE CORP NEW COM 25,244 25,244
    CREDICORPLTD COM 37,233 37,233
    CROWN CASTLE INTL CORP 1,037,919 1,037,919
    CSX CORPCOM 25,319 25,319
    DARDEN RESTAURANTS 0 0
    DASSAULT SYSSA 65,378 65,378
    DBS GROUPHLDGS LTD 48,824 48,824
    DENTSU INC 0 0
    DIAGEO PLC SPONSORED ADR 12,228 12,228
    DISNEY WALT CO DISNEY COM 26,633 26,633
    EATON CORP PLC 386,611 386,611
    ECOLAB INC COM 21,203 21,203
    ELI LILLY & CO 662,866 662,866
    EPAM SYSTEMS INC 0 0
    EPIROCAKTIEBOLAG ADR 12,326 12,326
    EQUINIX INC COM 27,853 27,853
    ERSTEBK GROUP 19,738 19,738
    EVERSOURCE ENERGY COM 143,434 143,434
    EXPERIAN 29,912 29,912
    EXXON MOBILE CORP 0 0
    FACEBOOK INC CL A 86,592 86,592
    FANUC CORPORATION 47,232 47,232
    FIDELITY NATL INFORMATION SVCS 26,029 26,029
    FIRST ENERGY CORP COM 25,896 25,896
    FMC CORP NEW 40,915 40,915
    FOMENTO ECONOMIC 12,502 12,502
    FORTINET INC 0 0
    FORTIVE CORP 0 0
    FREEPORT-MCMORAN INC CL B 33,852 33,852
    FUCHS PETROLUB SE ADR 4,667 4,667
    GRAINGER WW INC 26,950 26,950
    HALLIBURTON CO 0 0
    HDFC BK LTD ADR 9,827 9,827
    HEINEKEN 36,519 36,519
    HOME DEPOT INC COM 1,387,333 1,387,333
    HONEYWELL INTL INC COM 740,196 740,196
    HOULIHAN LOKEY INC 0 0
    HSBC HOLDINGS 0 0
    HUDSON LTD CL A 0 0
    HUMANA INC COM 29,539 29,539
    HUNTINGTON INGALLS INDS 0 0
    IAC INTERACTIVE 0 0
    ICICI BK LTD ADR 11,962 11,962
    IHS MARKIT LTD 25,602 25,602
    ILL TOOL WORKS INC 581,058 581,058
    INFINEON TECHNOLOGIES 39,244 39,244
    ING GROEP NV ADR 33,521 33,521
    INTL FLAVORS & FRANGRANCES 0 0
    ITAU UNIBANCO HLDG 13,648 13,648
    JAZZ PHARMACEUTICALS 0 0
    JOHNSON & JOHNSON 212,148 212,148
    JP MORGAN CHASE & CO 1,334,743 1,334,743
    KANSAS CITY STHN 0 0
    KDDI CORP ADR 29,769 29,769
    KOMATSU LTD 11,931 11,931
    KUBOTA CORP 49,101 49,101
    LABORATORY CORP 0 0
    LENNOX INTL INC 0 0
    LINDE PLC 12,912 12,912
    LOCKHEED MARTIN CORP 1,006,013 1,006,013
    LOGITECH INTL 0 0
    LONZA GROUP 22,172 22,172
    LOREAL CO 25,206 25,206
    LOWES COS INC 46,548 46,548
    LVMH MOET HENNESSY LOUIS VUITT 40,413 40,413
    LYONDELLBASELL NV CL-A 123,833 123,833
    MAGNA INTERNATIONAL INC COM 37,949 37,949
    MARATHON PETECORPCOM 19,232 19,232
    MARSH & MCLENNAN COS INC 738,621 738,621
    MARUI GROUPCO LTD ADR 21,514 21,514
    MASIMO CORP 0 0
    MAXIM INTEGRATED PRODUCT 0 0
    MCCORMICK & CO 0 0
    MCDONALD'S CORPORATION 770,986 770,986
    MEDTRONIC PLC SHS 780,972 780,972
    MERCK & CO. INC. 1,166,713 1,166,713
    METLIFE INC COM 27,935 27,935
    MICROSOFTCORPCOM 1,354,093 1,354,093
    MONDELEZ INTERNATIONAL INC 930,842 930,842
    MONSTER BEVERAGE CORP 21,640 21,640
    MORGAN STANLEY COM 33,991 33,991
    NESTLE SA 18,730 18,730
    NEXTERA ENERGY INC COM 1,819,660 1,819,660
    NIDEC CORP SPONS 51,322 51,322
    NITORI HLDGS CO LTD ARD 9,192 9,192
    NORTHERN TRUST CO 0 0
    NOVARTIS 26,724 26,724
    NOVOZYMES 7,077 7,077
    NUTANIX INC COM 7,872 7,872
    NVIDIA CORP COM 40,732 40,732
    NXP SEMICONDUCTORS 16,855 16,855
    OLLIE'S BARGAIN OUTLET 0 0
    ONEOK INC 0 0
    ORACLE CORP 0 0
    ORIX CORP 0 0
    OTIS WORLDWIDE CORP COM 68 68
    OTSUKA HLDGS COLTD ADR 25,523 25,523
    PALO ALTO NETWORKS INC COM 31,274 31,274
    PAYCHEX INC 1,025,166 1,025,166
    PEPSICO INC 1,199,895 1,199,895
    PFIZER INC 0 0
    PHILIP MORRIS INTL INC COM 34,937 34,937
    PHILLIPS 66 COM 253,952 253,952
    PING AN INS GROUP CO 12,691 12,691
    PIONEER NAT RES CO 0 0
    PJSC LUKOUIL SPONSORED 8,477 8,477
    PNC FINL SVCS GP 673,331 673,331
    PROCTER & GAMBLE 554,473 554,473
    PROLOGIS INC COM 585,004 585,004
    QUALCOMM INC 953,801 953,801
    QURATE RETAIL INC QVC GROUP 35,916 35,916
    RAYTHEON TECHNOLOGIES CORP COM 41,690 41,690
    REALTY INCOME CORP 296,737 296,737
    RECKITT BENCKISER 25,640 25,640
    RENTOKIL INITIAL PLC 33,108 33,108
    RIO TINTO PLC 17,827 17,827
    ROCHE HLDGS LTD 23,411 23,411
    ROYAL DUTCH SHELL 9,344 9,344
    SAFRAN SA ADR 36,169 36,169
    SALESFORCE.COM INC 48,289 48,289
    SAPAE 27,903 27,903
    SASOL LTD 0 0
    SCHLUMBERGER LTD 0 0
    SCHNEIDER 20,641 20,641
    SEMPRA ENERGY 641,637 641,637
    SENSATA TECHNOLOGIES 0 0
    SERVICE CORP INTL 0 0
    SGS SA 7,801 7,801
    SHINSEI BK LTD 0 0
    SHIONOGI &CO LTD 6,699 6,699
    SIMON PROPERTY GROUP 0 0
    SONOVA HLDG AG ADR 11,819 11,819
    SONY CORPADR AMERN SH NEW 53,078 53,078
    SPLUNK INC COM 29,731 29,731
    SS&C TECHNOLOGIES HLDGS INC 0 0
    STARBUCKS CORP WASHINGTON 1,048,190 1,048,190
    STORE-CAP CORP 0 0
    SYMRISEAG ADR 43,910 43,910
    SYSCO CORP 0 0
    SYSMEX CORP 15,218 15,218
    TAIWAN SEMICONDUCTOR MFG CO 39,800 39,800
    TAKE-TWO INTERACTIVE SOFTWARE 0 0
    TECHNI PFMC LIMITED 0 0
    TELEFLEX INC 0 0
    TECHNIPFMC LIMITED 21,761 21,761
    TENCENTHLDGS LTD ADR 21,064 21,064
    TERADATA CORPDEL COM 26,335 26,335
    TEXAS INSTRUMENTSINC 1,511,473 1,511,473
    THERMO FISHERSCIENTIFIC INC CO 40,989 40,989
    TORAY INDS INC 0 0
    TOTAL SESPONSADR 22,212 22,212
    TRUIST FINL CORP 1,023,882 1,023,882
    TYSON FOODS INC 0 0
    U S BANCORP COM NEW 485,188 485,188
    UBER TECHNOLOGIESINC COM 32,742 32,742
    UBS GROUP 23,526 23,526
    ULTA SALON COSMETICS & FRAGRAN 26,706 26,706
    UNICHARM CORP 19,247 19,247
    UNILEVER NV NEW YORK 0 0
    UNILIVER PLC SPON ADR 44,606 44,606
    UNION PAC CORPCOM 22,071 22,071
    UNITED PARCELSVC INC CL B 212,353 212,353
    UNITED TECHNOLOGIES CORP 0 0
    UNITEDHEALTH GROUPINC COM 50,849 50,849
    UNUM GROUP 0 0
    VALERO ENERGY 0 0
    VERIZON COMMUNICATIONS INC COM 752,985 752,985
    VISA INC 0 0
    VMWARE INC CL ACOM 21,881 21,881
    WEC ENERGY GROUP INC COM 665,837 665,837
    WELLS FARGO &CO NEW COM 41,498 41,498
    WILLIAMS COS INC COM 32,180 32,180
    WORKDAY INC CLA 8,866 8,866
    YANDEX 7,727 7,727
    ZOETIS INC CL A 42,862 42,862

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    US Government Securities - End of Year Book Value:

    12,145,117
    US Government Securities - End of Year Fair Market Value:

    12,145,117
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BROWN ADVISORY SM-CP FUNDAMENT FMV 1,059,605 1,059,605
    DELAWARE SMAL CAP CORE I FMV 1,069,603 1,069,603
    EVENTIDE HEALTHCARE & LIFE SCI FMV 1,079,219 1,079,219
    FNA 2018-M4 A2 COUPON RATE 3.0 FMV 56,867 56,867
    GOLDMAN SACHS EMERGING MARKETS FMV 796,841 796,841
    GQG PARTNERS EMERGING MARKETS FMV 1,307,374 1,307,374
    INVESCO GLOBAL CLEAN ENERGY ET FMV 305,800 305,800
    ISHARES CORE MSCI EAFE ETF FMV 932,715 932,715
    ISHARES GOLD TR ISHARES FMV 454,465 454,465
    ISHARES INC CORE MSCI EMERGING FMV 792,189 792,189
    ISHARES JP MORGAN USD EMERGING FMV 2,111,301 2,111,301
    ISHARES LATIN AMER 40 ETF FMV 567,600 567,600
    ISHARES MSCI CHINA ETF FMV 1,024,756 1,024,756
    ISHARES MSCI EUROZONE ETF FMV 1,895,440 1,895,440
    ISHARES MSCI JAPAN ETF FMV 890,643 890,643
    ISHARES MSCI SWITZ ETF FMV 670,826 670,826
    ISHARES MSCI UNTO KINGDOM ETF FMV 1,444,671 1,444,671
    ISHARES S&P SMALLCAP 600 GROWT FMV 1,584,019 1,584,019
    ISHARES TR CORE S&P 500 ETF FMV 2,708,439 2,708,439
    ISHARES TR CORE S&P SMALL-CAP FMV 1,108,774 1,108,774
    ISHARES TR GLOBAL REIT ETF FMV 449,142 449,142
    ISHARES TR LATIN AMER 40 ETF FMV 351,818 351,818
    ISHARES TR MSCI EAFE ETF FMV 1,158,678 1,158,678
    JP MORGAN TR I EMERGING MKTS E FMV 1,515,423 1,515,423
    JPMORGAN BETABUILDERS FMV 1,685,838 1,685,838
    LA2ARD GLOBAL LISTED INFRAS PO FMV 505,595 505,595
    MATTHEWS INDIA FUND FMV 967,846 967,846
    MATTHEWS JAPAN FUND FMV 2,413,571 2,413,571
    MFS MID CAP VALUE FMV 3,058,288 3,058,288
    MFS VALUE FUND CLASS I FMV 629,557 629,557
    PIMCO ETF TR ENHANCED SHORT MA FMV 880,197 880,197
    SELECT SECTOR SPDR TR FINANCIA FMV 39,562 39,562
    TCW EMERGING MARKETS INCOME FD FMV 1,437,170 1,437,170
    TCW EMERGING MARKETS LOCAL CUR FMV 1,133,472 1,133,472
    THE ISHARES CORE MSCI EUROPE E FMV 3,384,480 3,384,480
    VANGUARD BD INDEX FDS VANGUARD FMV 3,925,249 3,925,249
    VANGUARD SCOTTSDALE FDS VANGUA FMV 1,556,574 1,556,574
    VANGUARD SPECIALIZED FUNDS VAN FMV 951,345 951,345
    VERIZON OWNER TR 2020-A B COUP FMV 46,470 46,470
    VERIZON OWNER TRUST 2020-B A-1 FMV 25,088 25,088
    VICTORY TRIVALENT INTERNATIONA FMV 654,405 654,405
    WESTERN ASSET SMASH SERIES CFU FMV 1,065,441 1,065,441
    WESTERN ASSET SMASH SERIES COR FMV 2,076,459 2,076,459
    WESTERN ASSET SMASH SERIES MFU FMV 1,439,377 1,439,377
    ISHARESTR10-20 YRTREASBDETF FMV 0 0
    ASHMORE EMERGING MARKETS FMV 0 0
    CAUSEWAY EMERGING MARKETS FUND FMV 0 0
    INVESCO EUROPEAN GROWTH FUND C FMV 0 0
    ISHARES MSCI AUSTRALIA ETF FMV 0 0
    ISHARES MSCI CANADA ETF FMV 0 0
    ISHARES RUSSELL MID-CAP GROWTH FMV 0 0
    ISHARES RUSSELL MID-CAP VALUE FMV 0 0
    JOHCM EMERGING MARKETS OPPS FU FMV 0 0
    MORGAN STANLEY INSTITUTIONAL F FMV 0 0
    TEMPLETON EMERGING MARKETS SMA FMV 0 0
    VANGUARD GLOBAL MINIMUM VOLATI FMV 0 0
    WISDOMTREE EUROPE HEDGED EQUIT FMV 0 0

    TY 2020 LandEtcSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 640,000   640,000  
    BUILDINGS 27,419,895 4,921,518 22,498,377  
    BUILDING IMPROVEMT 1,793,645 509,059 1,284,586  
    FURNITURE & EQUIP 255,589 182,310 73,279  


    TY 2020 LegalFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BAUM LLC 576,000     576,000
    IMPRESA SERVIZI SRLS 40,870     40,870
    STUDIO LEGALE GUILI 40,870     40,870
    GIANNI, ORIGONI, GRIPPO        
    CAPPELLI 45,699     45,699


    TY 2020 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
    ARTWORK 1,378,694,743 1,366,594,743 1,366,594,743
    SECURITY DEPOSITS 28,167 28,167 28,167
    PREPAID OFFICE EXPENSES 6,402 5,573 5,573
    WEBSITE COSTS, NET 8,200 4,100 4,100


    TY 2020 OtherExpensesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ART HANDLING & RELATED EXPENSE 787,000     787,000
    ART SALE COMMISSIONS 3,075,000 3,075,000    
    INSURANCE 376,433 37,643   338,790
    CATALOGUES, PHOTOS, PROMOTION 8,159     8,159
    REPAIRS AND MAINTENANCE 15,212     15,212
    SECURITY EXPENSE 23,879     23,879
    BANK FEES 1,574 1,574    
    PACKING AND SHIPPING 2,309     2,309
    OFFICE AND MISC EXPENSES 54,559     54,559
    COMPUTER EXPENSES 6,676     6,676
    FILING FEES 1,500     1,500


    TY 2020 OtherIncomeSchedule2
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    loss on currency exchange -194,780 -194,780  


    TY 2020 OtherIncreasesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Description Amount
    UNREALIZED APPRECIATION ON DONATION 0
    OF ARTWORK 6,200,000
    UNREALIZED GAIN ON INVESTMENTS 7,611,982


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 572,695 572,695    
    CONSULTING FEES 17,213     17,213
    ART APPRAISAL 6,592     6,592


    TY 2020 TaxesSchedule
    Name:
    CY TWOMBLY FOUNDATION
    EIN:
    20-2572529
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 325,000      
    PROPERTY TAXES AND MISC TAXES 98,600     98,600
    FOREIGN WITHHOLDING TAXES 3,974 3,974