Cy Twombly Foundation

Private foundation · EIN 20-2572529 · since 2005cytwombly.org·Illinois, Italy, Massachusetts, New York·Updated 13 October 2026

At a glance

$4M
Annual giving, 2024 tax year
From the Form 990-PF filing
A small fraction of the prior year ($16.5M in 2023 tax year).
$50,000 to $4M
Grant range
From grants in the 990-PF filings
$75,250
Typical grant (median)
4 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • Cy Twombly Foundation works by invitation only and states that it does not accept unsolicited requests, so a small nonprofit should not send a cold application and should seek an introduction first.
  • Its stated focus is the study, preservation and scholarship of Cy Twombly's work and legacy, along with exhibitions and gifts of his work to permanent collections, so a request fits best if it is clearly tied to those themes.
  • Half of its 18 grants to organisations were $100,000 or less, and about 8 in 10 fell between $50,000 and $4,000,000, though the largest was $7,500,000, so treat that band as typical rather than a ceiling.
  • In the latest filing, 100% of grant dollars to organisations went to organisations it had also funded in an earlier filing, which suggests that existing relationships matter a great deal.
  • No geographic focus is stated, so the places where its grants have mostly been made are not a rule on who may apply.

Overview

Cy Twombly Foundation is a US private foundation based in New York, NY.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The foundation fosters the study and preservation of Cy Twombly’s work and legacy. It researches and publishes catalogues raisonnés documenting the artist’s work, and supports scholarship on the artist and exhibitions of his work around the world. Its philanthropic support includes initiatives and organisations that embody the spirit of the artist and charitable endeavours. It also makes special gifts of his work to the permanent collections of institutions that encourage a deeper and broader appreciation of the artist. Its archives aim to assist research and publications by new generations of artists, writers and historians, and selected materials may be made available to qualified scholars, curators and researchers.

Themes

  • Study and preservation
  • Artist scholarship
  • Art exhibitions
  • Art in permanent collections

Geographic Focus

No geographic focus is stated; the filings show grants mainly in Illinois, Massachusetts, New York and Italy.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

  • Repeat giving: In its TY2024 filing, 100% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 18 grants to organisations were $100,000 or less.

What the foundation says:

  • It supports philanthropic initiatives and organisations that embody the spirit of the artist.
  • For gifts of artwork, it favours institutions that encourage a deeper and broader appreciation of the artist.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Illinois44%
Massachusetts41%
New York13%

Outside the US or with no state on the filing: 2%

  • The largest single recipient received 44% of grant dollars to organisations.
  • In tax year 2024, 100% of grant dollars went to organisations Cy Twombly Foundation had funded in earlier filings.
  • No grants were paid directly to organisations outside the US.
  • 2% of grant dollars went to intermediaries that regrant to other organisations.

Grants

4 grants in the latest filing analysed · median $75,250

The largest grants to organisations in the foundation’s latest filing:

  • Art Institute of Chicago · Non-cash donation of art for exhibition support
    $3,800,0002024 tax year
  • Drawing Center · General support
    $100,0002024 tax year
  • Foundation for Contemporary Arts · Support for the cy twombly award for poetry
    $50,5002024 tax year
  • Safe Horizon · General support
    $50,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Cristian Grasu — Director (As Of 6/2024)
  • Sandra Marionpoulou — Director (As Of 6/2024)
  • Nicholas Serota — Director
  • Jonas Storsve — Director
  • Eleonora Di Erasmo — Managing Director / Secretary (As Of 2/2024)
  • Nicola Del Roscio — President

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$11,785,912$6,051,000$1,502,631,851Filing for 2022 tax year
2023 tax year$28,886,979$16,474,500$1,510,050,049Filing for 2023 tax year
2024 tax year$9,651,080$4,000,500$1,514,532,085Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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