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    1. Home
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    3. Cy Twombly Foundation
    Cy Twombly Foundation logo

    Cy Twombly Foundation

    ActivePhilanthropy & VoluntarismFunds Individuals
    NEW YORK, NYWebsite2127442228

    About Cy Twombly Foundation

    The Cy Twombly Foundation concentrates its philanthropy on placing and supporting the exhibition of Cy Twombly artworks at major American art museums. Its grants are predominantly large, often non‑cash donations of art to underwrite exhibitions and collection enrichment at top cultural institutions. The foundation makes a small number of high-value, repeat gifts to a handful of leading museums rather than many small awards.

    Focus Areas

    Placement and exhibition of Cy Twombly artworks in major U.S. museumsSupport for museum exhibitions and collection enrichment at leading art museumsRepeat strategic partnerships with top-tier cultural institutions in the U.S.

    Who They Fund

    museums and galleriesvisual artists (donors and exhibiting artists)poets/poetry award recipientsarts organizations/programs

    Giving Approach

    Concentrated, high-value giving (few grants) focused on non-cash art donations and multi-grant relationships with a small set of major museums (repeat grantees).

    About Cy Twombly Foundation

    The Cy Twombly Foundation’s giving is built around placing and exhibiting Cy Twombly artworks at major museums, often through non-cash art donations rather than conventional operating grants. That pattern appears at the top of its recent grants: the Museum of Fine Arts, Boston received a $7.5 million non-cash donation of art for exhibition support in 2024, and the Art Institute of Chicago received three separate art-donation grants between 2023 and 2025, including a $3.8 million award in 2025. The foundation also uses its support to reinforce institutions closely connected to Twombly’s legacy, scholarship, and preservation work. Alongside museum gifts, it makes targeted support to organizations that hold or present related programs, including the Whitney Museum of American Art and the Foundation for Contemporary Arts. Its portfolio is selective rather than broad, with a small number of high-value awards concentrated among a few cultural institutions and partner grantmakers. The result is a grantmaking profile centered on exhibition support, collection enrichment, and the stewardship of Twombly’s work within major art settings.

    What Cy Twombly Foundation Funds

    Museum exhibition support is the clearest throughline in the foundation’s recent giving. The Art Institute of Chicago received multiple art-donation grants for exhibition support, including $4 million in 2023 and $3.75 million in 2024. The Museum of Fine Arts, Boston received both a $7.5 million non-cash donation of art for exhibition support and a separate $3.5 million general-support grant in 2024. The foundation also backs institutions tied to interpretation and access to art. Drawing Center Inc. received $100,000 in 2025 and $50,000 in 2024 for general support. In literary arts, Foundation for Contemporary Arts Inc. received $50,500 in 2025 and $50,500 in 2024 to support the Cy Twombly Award for Poetry, with an additional $45,000 grant in 2023 for the same award.

    How Cy Twombly Foundation Gives

    Typical grants are large: the 25th percentile is $50,000, the median is $240,000, and the 75th percentile is $3,041,500. The recent record shows repeated awards to the same recipients across multiple years, especially the Art Institute of Chicago, Museum of Fine Arts, Boston, Whitney Museum of American Art, Drawing Center Inc., Safe Horizon Inc., Foundation for Contemporary Arts Inc., and Fondazione Nicola Del Roscio. The foundation funds through a mix of non-cash art donations, general support, and designated support for partner programs. It also funds individuals through the Cy Twombly Award for Poetry, but that award is administered through Foundation for Contemporary Arts rather than an open application managed directly by the foundation.

    Financial Snapshot

    Annual Giving

    $4M

    Total Assets

    $1.5B

    Total Revenue

    $6.3M

    Total Expenses

    $9.7M

    Typical Grant Size

    Most grants fall between $50K and $3M, with a median of $240K.

    25th Percentile

    $50K

    Median

    $240K

    75th Percentile

    $3M

    Geographic Reach

    Regional3 states funded
    Funding intensity
    Low
    High
    Headquarters

    Leadership

    NICOLA DEL ROSCIO

    PRESIDENT

    Funding intensity
    Low
    High

    Where Cy Twombly Foundation Funds

    Top 2 recipient countries by grant volume for Cy Twombly Foundation.

    RankCountryGrantsTotalShare
    1United StatesDomestic16$26M
    80.0%
    2Italy4

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    © 2026 Kindora. All rights reserved.

    Privacy PolicyTerms of ServiceEnvironmental footprintSystem Status
    EIN (Tax ID): 20-2572529Latest Form 990: 2025Total assets: $1.5B3 filings on recordFind their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders

    Funding Style

    in-kind/non-cash donationsgeneral/unrestricted operating supportproject-specific exhibition supportawards/prize funding

    Notable grantees: Art Institute of Chicago, Museum of Fine Arts, Boston, Whitney Museum of American Art

    Topics

    visual arts exhibition supportart donation/acquisition for exhibitionliterary arts — poetry (Cy Twombly Award)arts organization/general support

    Where Cy Twombly Foundation Makes Grants

    Most grants land in New York, which accounts for 67% of recipient-state awards. Recent New York recipients include the Whitney Museum of American Art, Drawing Center Inc., Foundation for Contemporary Arts Inc., and Safe Horizon Inc. Outside New York, the foundation has made large awards in Boston and Chicago, and it has also given in Italy, including Fondazione Nicola Del Roscio in Terni. The country distribution is overwhelmingly U.S.-based, with 17 grants in the United States and 2 in Italy.

    Frequently Asked Questions About Cy Twombly Foundation

    What kinds of institutions does the Cy Twombly Foundation support most often?

    It primarily supports museums and arts institutions connected to Cy Twombly’s work, especially through exhibition support, collection enrichment, scholarship, and preservation. Recent recipients include the Museum of Fine Arts, Boston; the Art Institute of Chicago; the Whitney Museum of American Art; and the Drawing Center Inc.

    Does the foundation fund poetry as well as visual arts?

    Yes. It supports the Cy Twombly Award for Poetry through Foundation for Contemporary Arts Inc. Recent grants for that award were $50,500 in 2024 and 2025, following a $45,000 grant in 2023.

    What is the foundation’s typical grant size?

    Its grant sizes are highly concentrated at the high end: the 25th percentile is $50,000, the median is $240,000, and the 75th percentile is $3,041,500. Recent grants also include several multi-million-dollar art donations to museums.

    Does the foundation give repeat support to the same organizations?

    Yes. Multiple recipients appear across more than one year, including the Art Institute of Chicago, Museum of Fine Arts, Boston, Whitney Museum of American Art, Drawing Center Inc., Safe Horizon Inc., Foundation for Contemporary Arts Inc., and Fondazione Nicola Del Roscio.

    Where are most of the grants located?

    New York receives the largest share of grants, at 67% of recipient-state awards. Other recent recipient locations include Boston, Chicago, and Terni, Italy.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    $840K
    20.0%

    Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    ART INSTITUTE OF CHICAGOCHICAGO, IL$3,800,0002025NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
    DRAWING CENTER INCNEW YORK, NY$100,0002025GENERAL SUPPORT
    FOUNDATION FOR CONTEMPORARY ARTS INCNEW YORK, NY$50,5002025SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
    SAFE HORIZON INCNEW YORK, NY$50,0002025GENERAL SUPPORT
    MUSEUM OF FINE ARTS BOSTONBOSTON, MA$7,500,0002024NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
    ART INSTITUTE OF CHICAGOCHICAGO, IL$3,750,0002024NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
    MUSEUM OF FINE ARTS BOSTONBOSTON, MA$3,500,0002024GENERAL SUPPORT
    WHITNEY MUSEUM OF AMERICAN ARTNEW YORK, NY$1,334,0002024GENERAL SUPPORT
    FONDAZIONE NICOLA DEL ROSCIOTERNI$240,0002024GENERAL SUPPORT - SEE EXPENDITURE RESPONSIBILITY STATEMENTS
    FOUNDATION FOR CONTEMPORARY ARTS INNEW YORK, NY$50,5002024SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY
    SAFE HORIZON INCNEW YORK, NY$50,0002024GENERAL SUPPORT
    DRAWING CENTER INCNEW YORK, NY$50,0002024GENERAL SUPPORT
    ART INSTITUTE OF CHICAGOCHICAGO, IL$4,000,0002023NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT
    WHITNEY MUSEUM OF AMERICAN ARTNEW YORK, NY$1,666,0002023GENERAL SUPPORT
    FONDAZIONE NICOLA DEL ROSCIOTERNI$240,0002023GENERAL SUPPORT
    DRAWING CENTER INCNEW YORK, NY$50,0002023GENERAL SUPPORT
    SAFE HORIZON INCNEW YORK, NY$50,0002023GENERAL SUPPORT
    FOUNDATION FOR CONTEMPORARY ARTS INNEW YORK, NY$45,0002023SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY

    ART INSTITUTE OF CHICAGO

    $3,800,000
    CHICAGO, IL2025

    NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT

    DRAWING CENTER INC

    $100,000
    NEW YORK, NY2025

    GENERAL SUPPORT

    FOUNDATION FOR CONTEMPORARY ARTS INC

    $50,500
    NEW YORK, NY2025

    SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY

    SAFE HORIZON INC

    $50,000
    NEW YORK, NY2025

    GENERAL SUPPORT

    MUSEUM OF FINE ARTS BOSTON

    $7,500,000
    BOSTON, MA2024

    NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT

    ART INSTITUTE OF CHICAGO

    $3,750,000
    CHICAGO, IL2024

    NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT

    MUSEUM OF FINE ARTS BOSTON

    $3,500,000
    BOSTON, MA2024

    GENERAL SUPPORT

    WHITNEY MUSEUM OF AMERICAN ART

    $1,334,000
    NEW YORK, NY2024

    GENERAL SUPPORT

    FONDAZIONE NICOLA DEL ROSCIO

    $240,000
    TERNI2024

    GENERAL SUPPORT - SEE EXPENDITURE RESPONSIBILITY STATEMENTS

    FOUNDATION FOR CONTEMPORARY ARTS IN

    $50,500
    NEW YORK, NY2024

    SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY

    SAFE HORIZON INC

    $50,000
    NEW YORK, NY2024

    GENERAL SUPPORT

    DRAWING CENTER INC

    $50,000
    NEW YORK, NY2024

    GENERAL SUPPORT

    ART INSTITUTE OF CHICAGO

    $4,000,000
    CHICAGO, IL2023

    NON-CASH DONATION OF ART FOR EXHIBITION SUPPORT

    WHITNEY MUSEUM OF AMERICAN ART

    $1,666,000
    NEW YORK, NY2023

    GENERAL SUPPORT

    FONDAZIONE NICOLA DEL ROSCIO

    $240,000
    TERNI2023

    GENERAL SUPPORT

    DRAWING CENTER INC

    $50,000
    NEW YORK, NY2023

    GENERAL SUPPORT

    SAFE HORIZON INC

    $50,000
    NEW YORK, NY2023

    GENERAL SUPPORT

    FOUNDATION FOR CONTEMPORARY ARTS IN

    $45,000
    NEW YORK, NY2023

    SUPPORT FOR THE CY TWOMBLY AWARD FOR POETRY