Return of Private Foundation OMB No 1545-0052 Form 990 -PF Or Section 4947 ( A)(1) Nonexempt Charitable Trust ` Treated As a Private Foundation 2009 Note
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l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491133007481 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947 ( a)(1) Nonexempt Charitable Trust ` Treated as a Private Foundation 2009 Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements Department of the Treasury Internal Revenue Service For calendar year 2009, or tax year beginning 07-01-2009 , and ending 06-30-2010 G Check all that apply r'Initial return r'Initial return of a former public charity r'Final return r-A mended return r- Address chance r- Name chance Name of foundation A Employer identification number Use the IRS The I Paul Getty Trust label. 95 -1790021 Otherwise, B Te lep hone num b er ( see page 10 of the inst ruct ions) Number and street (or P 0 box number if mail is not delivered to street address) Room/ print 1200 Getty Center Drive Suite 401 suite ortYPe . (310) 440-6040 See Specific C If exemption application is pending, check here F Instructions . City or town, state, and ZIP code Los Angeles, CA 90049 D 1. Foreign organizations , check here F H Check type of organization I' Section 501 ( c)(3) exempt private foundation 2. Foreign organizations meeting the 85% test, r- check here and attach computation Section 4947( a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminated 3 Accounting method r- Cash F Accrual I Fair market value of all assets at end un d er sect ion 507 ( b )( 1 )( A), c h ec k h ere F o f y e a r (from Part I I, col. (c), O the r ( specify ) F If the foundation is in a 60-month termination line 16)x$ 9,584 ,879,219 (Part I , column (d) must be on cash basis.) under section 507(b)(1)(B), check here ( d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue and ) Net investment (c) Adjusted net for charitable total of amounts in columns (b), (c), and (d) may not expenses per (b income income purposes necessenly equal the amounts in column (a) (see page 11 of books the instructions) ) (cash basis only) 1 Contributions, gifts, grants , etc , received ( attach schedule ) 5,172,069 2 Check 1111 F_ if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 256,597 256,597 256,597 4 Dividends and interest from securities . 20,798,870 15,984,789 20,075,617 5a Gross rents . 324,250 324,250 324,250 b Net rental income or (loss) 201,954 C, 6a Net gain or (loss ) from sale of assets not on line 10 114,482,464 b Gross sales price for all assets on line 6a 1,705,532,086 75 7 Capital gain net income ( from Part IV , line 2) . 79,236,189 co 8 Net short - term capital gain . 68,958,321 9 Income modifications . 47,375 10a Gross sales less returns and allowances 17,174,331 b Less Cost of goods sold . 9,272,456 c Gross profit or (loss) (attach schedule ) . 7,901,875 7,901,873 11 Other income ( attach schedule ) . 31,492,329 59,605,084 62,097,576 12 Total . Add lines 1 through 11 . 180,428,454 155,406,909 159,661,609 13 Compensation of officers , directors , trustees , etc 4,255,672 1,324,829 1,509,902 3,978,051 14 Other employee salaries and wages 75,969,618 161,549 1,666,080 73,071,257 In 10 15 Pension plans , employee benefits . 32,821,476 579,688 1,217,358 31,604,118 16a Legal fees ( attach schedule) . 1,961,543 84,285 90,576 1,870,967 b Accounting fees ( attach schedule ) . IN 494,294 223,033 415,874 78,420 W co c Other professional fees ( attach schedule ) . 6,306,308 6,286,708 6,286,708 19,600 17 Interest . 26,853,773 0 26,853,773 0 C5 18 Taxes ( attach schedule) (see page 14 of the instructions) 940,777 0 629,646 311,131 19 Depreciation ( attach schedule ) and depletion . 47,345,315 44,626 117,999 20 Occupancy . 11,377,200 9,719 2,414,249 8,962,951 21 Travel, conferences , and meetings . 4,642,826 79,234 459,757 4,183,069 rs 22 Printing and publications . 1,358,743 4,945 60,098 1,298,645 23 Other expenses ( attach schedule ) . 48,591,596 59,104,632 72,206,146 41,593,462 ss 24 Total operating and administrative expenses. Add lines 13 through 23 . 262,919,141 67,903,248 113,928,166 166,971,671 25 Contributions , gifts, grants paid . 16,567,539 13,210,658 26 Total expenses and disbursements . Add lines 24 and 25 279,486,680 67,903,248 113,928,166 180,182,329 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -99,058,226 b Net investment income ( if negative , enter -0- ) 87,503,661 c Adjusted net income ( if negative , enter -0- ) . 45,733,443 For Privacy Act and Paperwork Reduction Act Notice , see page 30 of the instructions . Cat No 11289X Form 990-PF (2009) Form 990-PF (2009) Pane 2 Attached schedules and amounts in the description column Beginning of year End of year B a l ance Sheets should be for end-of- year amounts only (See instructions ( a) Boo k Va l ue ( b ) Boo k Va l ue ( c) Fair M ark et Va l ue 1 Cash-non - interest-bearing . 253,018 274,758 274,758 2 Savings and temporary cash investments . 295,622,258 296,400,135 296,400,135 3 Accounts receivable ► Less allowance for doubtful accounts Oil 4 Pledges receivable ► Less allowance for doubtful accounts Oil 5 Grants receivable . 6 Receivables due from officers , directors, trustees , and other disqualified persons ( attach schedule ) ( see page 15 of the instructions ) . 7 Other notes and loans receivable ( attach schedule) 111111 Less allowance for doubtful accounts Oil 8 Inventories for sale or use . 4,253,087 3,983,623 5,225,960 9 Prepaid expenses and deferred charges . 7,164,933 6,900,499 6,900,499 10a Investments-U S and state government obligations (attach schedule ) 9,734,07 7 48,120,799 48,120,799 b Investments - corporate stock ( attach schedule ) . 481,783,22 4 468,717,687 468,717,687 c Investments - corporate bonds (attach schedule ). 42,739,11 7 64,032,442 64,032,442 11 Investments - land, buildings, and equipment basis Oil Less accumulated depreciation ( attach schedule) ► 12 Investments-mortgage loans . 91,039,771 17,335,809 17,335,809 13 Investments - other ( attach schedule ) . 3,542,030,585 3,947,350 ,738 3,947,350,738 14 Land, buildings, and equipment basis Oil 1,753,700,710 Less accumulated depreciation ( attach schedule ) ' 492,741,756 1,305,159,071 1,260,958 ,954 1,269,064,018 15 Other assets ( describe Ilk- ) 2,112,260 , 198 1,979,527,945 3,461,456,374 16 Total assets ( to be completed by all filers-see the instructions Also, see page 1, item I ) 7,892,039,339 8,093,603,389 9,584,879,219 17 Accounts payable and accrued expenses . 288,615,550 341,072,500 18 Grants payable . 4,165,225 8,986,175 19 Deferred revenue . co 20 Loans from officers, directors , trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule ) . 626,630,000 622,555,000 J 22 Other liabilities ( describe O ) 130,828,403 23 Total liabilities ( add lines 17 through 22) 1,050,239,178 972,613,675 Foundations that follow SFAS 117, check here ' F and complete lines 24 through 26 and lines 30 and 31. w1 4) 24 Unrestricted . 6,840,223,011 7,118,779,500 25 Temporarily restricted . 1,017,150 1,445,214 26 Permanently restricted . 560,000 765,000 Foundations that do not follow SFAS 117, check here F- and complete lines 27 through 31. U- 27 Capital stock , trust principal , or current funds . 28 Paid-in or capital surplus , or land, bldg , and equipment fund n 29 Retained earnings, accumulated income, endowment , or other funds 30 Total net assets or fund balances ( see page 17 of the instructions ) . 6,841,800,161 7,120,989,714 31 Total liabilities and net assets / fund balances ( see page 17 of the instructions ) . 7,892,039,339 8,093,603,389 Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year-Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) . 1 6,841,800,161 2 Enter amount from Part I, line 27a . 2 -99,058,226 3 Other increases not included in line 2 (itemize) 111 _9!^ 3 451,530,178 4 Add lines 1, 2, and 3 . 4 7,194,272,113 5 Decreases not included in line 2 (itemize) Oil 9!^ 5 73,282,399 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 . 6 7,120,989,714 Form 990-PF (2009) Form 990-PF (2009) Page 3 Ca ital Gains and Losses for Tax on Investment Income ( b) How acquired ( (a) List and describe the kind ( s) of property sold (e g , real estate, c) Date acquired ( d) Date sold P-Purchase 2-story brick warehouse , or common stock, 200 shs M LC Co mo , da y, r mo , da y, r ) D-Donation ( y ) ( y ) la See Additional Data Table b c d e ( f) Depreciation allowed ( g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price (or allowable ) plus expense of sale ( e) plus ( f) minus (g) a See Additional Data Table b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 ( I) Gains ( Col (h) gain minus (j) Adjusted basis ( k) Excess of col (i) col (k), but not less than -0-) or ( i) F M V as of 12 / 31/69 as of 12/31/ 69 over col (j), if any Losses ( from col (h)) a See Additional Data Table b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If ( loss), enter - 0- in Part I, line 7 2 79,236,189 3 Net short - term capital gain or ( loss) as defined in sections 1222( 5) and (6) If gain, also enter in Part I, line 8, column ( c) (see pages 13 and 17 of the instructions) If (loss ), enter -0- in Part I, line 8 3 68,958,321 Qualification Under Section 4940 ( e) for Reduced Tax on Net Investment Income (For optional