Cy Twombly Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. In 2024, it awarded 4 grants totaling $4.0M. Net investment income was $5.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5B
+0.3% YoY
Annual Giving
$4.0M
-75.7% YoY
Grant Count
4
-50.0% YoY
Avg Grant Size
$1.0M
-51.4% YoY
About Cy Twombly Foundation
Based on IRS filings
Cy Twombly Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. In 2024, it awarded 4 grants totaling $4.0M. Net investment income was $5.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,514,532,085 | $1,510,050,049 | $1,502,631,851 |
| Revenue | $6,260,930 | $23,083,211 | $8,363,389 |
| Expenses | $9,651,080 | $28,886,979 | $11,785,912 |
| Qualifying Distributions | $7,498,143 | $19,984,796 | $9,087,318 |
| Net Investment Income | $5,405,527 | $15,178,753 | $6,428,379 |
| Distributable Amount | $7,422,801 | $6,420,841 | $5,874,268 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICOLA DEL ROSCIO | PRESIDENT | 40 | $201,747 |
| DAVID BAUM | SECRETARY (TO 2/2024) | 3 | — |
| ELEONORA DI ERASMO | MNG DIRECTOR/SECRETARY (AS OF 2/2024) | 20 | $111,516 |
| JONAS STORSVE | DIRECTOR | 5 | $50,000 |
| PAUL WINKLER | DIRECTOR (TO 1/2024) | 1 | — |
| UDO BRANDHORST | DIRECTOR (TO 6/2024) | 1 | — |
| NICHOLAS SEROTA | DIRECTOR | 5 | $65,000 |
| SANDRA MARIONPOULOU | DIRECTOR (AS OF 6/2024) | 1 | — |
| CRISTIAN GRASU | DIRECTOR (AS OF 6/2024) | 5 | $28,323 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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