Cy Twombly Foundation
Preselected recipients only
Cy Twombly Foundation is a private foundation in New York, New York. In tax year 2024 it gave $4.0 million in 4 grants; the typical grant was $75,250 and the largest $3.8 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$4.0 million
- Number of grants4
- Typical grant$75,250
- Largest grant$3.8 million
- Assets$1.5 billion
- New grantees25%
Giving in 2024 was down from $16.5 million the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $16.5 million | 8 | $1.5 billion |
| 2024 | $4.0 million | 4 | $1.5 billion |
How to apply
Cy Twombly Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Cy Twombly Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 1 | $3.8 million |
| New York | 3 | $200,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Art Institute of Chicago | Non-cash donation of art for exhibition support | $3.8 million |
| Drawing Center Inc | General support | $100,000 |
| Foundation for Contemporary Arts Inc | Support for the cy twombly award for poetry | $50,500 |
| Safe Horizon Inc | General support | $50,000 |
Officers and trustees
- Nicola del Roscio
- David Baum
- Eleonora Di Erasmo
- Jonas Storsve
- Paul Winkler
- Udo Brandhorst
- Nicholas Serota
- Sandra Marionpoulou
- Cristian Grasu
Questions people ask
Does Cy Twombly Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Cy Twombly Foundation give?
$4.0 million in tax year 2024, across 4 grants, with a typical grant of $75,250.
Who runs Cy Twombly Foundation?
Its 2024 filing lists Nicola del Roscio (President), David Baum (Secretary (To 2/2024)), Eleonora Di Erasmo (MNG Director/Secretary (As of 2/2024)) and Jonas Storsve (Director) among 9 officers and trustees.
What does Cy Twombly Foundation fund?
Based on its grants, mainly arts and culture.