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Nonprofit · EIN 20-2572529

CY TWOMBLY FOUNDATION

Tax-exempt · NEW YORK, NY 10185

Financials

$23.1M$28.9M2023$6.3M$9.7M2024
Revenue Expenses · by fiscal year end
Financials of CY TWOMBLY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,260,930$9,651,080-$3,390,150$1,514,532,085$0$1,514,532,085
December 31, 2023990-PF$23,083,211$28,886,979-$5,803,768$1,510,050,049$0$1,510,050,049
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$4,522,220
Net gain from sales of assets
$1,716,849
Other income
$21,861

Expenses

Grants and similar amounts paid
$4,000,500
Compensation of officers, directors and key employees
$456,586
Salaries, compensation and benefits (total)
$424,085
Disbursements for charitable purposes
$7,473,143
Excise tax on investment income
$75,137

Balance sheet and other

Total assets, start of year
$1,510,050,049
Total assets, end of year
$1,514,532,085
Total liabilities, end of year
$0
Net assets, end of year
$1,514,532,085
Fair market value of assets
$1,514,532,085
Qualifying distributions
$7,498,143
Net investment income
$6,150,427

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NICOLA DEL ROSCIO
19 EAST 82ND STREET, NEW YORK, NY 10028
PRESIDENT40$201,747$10,891
VIOREL GRASU
LARGO FONTANELLA BORGHESE 19, ROME, 00186, IT
ADMINISTRATOR
Highest-paid employee
40$128,777$0
ELEONORA DI ERASMO
19 EAST 82ND STREET, NEW YORK, NY 10028
MNG DIRECTOR/SECRETARY (AS OF 2/2024)20$111,516$0
RAFFAELE VALANTE
LARGO FONTANELLA BORGHESE 19, ROME, 00186, IT
ADMINISTRATOR
Highest-paid employee
40$110,908$0
PAMELA WAKOFF
19 EAST 82ND STREET, NEW YORK, NY 10028
CONTROLLER
Highest-paid employee
40$104,100$3,123
VALENTINA DI CESARE
19 EAST 82ND STREET, NEW YORK, NY 10028
ADMINISTRATOR
Highest-paid employee
40$80,300$2,409
NICHOLAS SEROTA
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR5$65,000$0
JONAS STORSVE
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR5$50,000$0
CRISTIAN GRASU
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR (AS OF 6/2024)5$28,323$0
DAVID BAUM
19 EAST 82ND STREET, NEW YORK, NY 10028
SECRETARY (TO 2/2024)3$0$0
PAUL WINKLER
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR (TO 1/2024)1$0$0
UDO BRANDHORST
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR (TO 6/2024)1$0$0
SANDRA MARIONPOULOU
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR (AS OF 6/2024)1$0$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
ELEONORA DI ERASMO
LARGO FONTANELLA BORGHESE 19, ROME, 00186, IT
ADMINISTRATOR
Highest-paid employee
40$108,058$0
PAMELA WAKOFF
19 EAST 82ND STREET, NEW YORK, NY 10028
CONTROLLER
Highest-paid employee
40$104,100$2,513
VIOREL GRASU
LARGO FONTANELLA BORGHESE 19, ROME, 00186, IT
ADMINISTRATOR
Highest-paid employee
40$103,883$0
RAFFAELE VALANTE
LARGO FONTANELLA BORGHESE 19, ROME, 00186, IT
ADMINISTRATOR
Highest-paid employee
40$103,609$0
VALENTINA DI CESARE
19 EAST 82ND STREET, NEW YORK, NY 10028
ADMINISTRATOR
Highest-paid employee
40$80,300$2,409
NICHOLAS SEROTA
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR1$65,000$0
JONAS STORSVE
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR1$50,000$0
NICOLA DEL ROSCIO
19 EAST 82ND STREET, NEW YORK, NY 10028
PRESIDENT40$0$0
DAVID BAUM
19 EAST 82ND STREET, NEW YORK, NY 10028
SECRETARY3$0$0
PAUL WINKLER
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR1$0$0
UDO BRANDHORST
19 EAST 82ND STREET, NEW YORK, NY 10028
DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
PO BOX 5034, NEW YORK, NY 10185-0000
In care of
% PAMELA WAKOFF
Signed the 990-PF
NICHOLAS SEROTA, DIRECTOR
Phone
(212) 744-2228
Return prepared by
EISNER ADVISORY GROUP LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2572529
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,514,532,085
Income (IRS master file)
$67,221,801

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,260,930$9,651,080$1,514,532,085XML
990-PFDecember 2023$23,083,211$28,886,979$1,510,050,049XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2572529).

Questions about CY TWOMBLY FOUNDATION

What is the EIN of CY TWOMBLY FOUNDATION?
The employer identification number (EIN) of CY TWOMBLY FOUNDATION is 20-2572529.
Is CY TWOMBLY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to CY TWOMBLY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CY TWOMBLY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CY TWOMBLY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CY TWOMBLY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CY TWOMBLY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 13 people; 9 received compensation from the organization, the highest $201,747 (NICOLA DEL ROSCIO, PRESIDENT).
How much revenue does CY TWOMBLY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,260,930, expenses of $9,651,080 and total assets of $1,514,532,085 at year end.

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