I Mmmmmmmi M I Mmmmmmmmm I M I I M M I Mmmmmmmmmm
Total Page:16
File Type:pdf, Size:1020Kb
PUBLIC INSPECTION COPY Return of Private Foundation OMB No. 1545-0052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation À¾´½ Internal Revenue Service Note: The foundation may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2009, or tax year beginning 07/01 , 2009, and ending 06/30 , 20 10 G Check all that apply: Initial return Initial return of a former public charity Final return Amended return Address change Name change Name of foundation A Employer identification number Use the IRS label. THE J. PAUL GETTY TRUST 95-1790021 Otherwise, Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see page 10 of the instructions) print or type. 1200 GETTY CENTER DRIVE, SUITE 401 (310) 440-6040 See Specific City or town, state, and ZIP code C If exemption application mis mmmmmmI Instructions. pending, check here mI D 1. Foreign organizations, check here LOS ANGELES, CA 90049 2. Foreign organizations meeting the 85% test, checkm herem mandm attachmmmmmI H Check type of organization: X Section 501(c)(3) exempt private foundation computation Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminatedmI I Fair market value of all assets at end J Accounting method: Cash X Accrual under section 507(b)(1)(A), check here of yearI (from Part II, col. (c), line Other (specify) F If the foundation is in a 60-month terminationmI 16) $ 9,584,879,219. (Part I, column (d) must be on cash basis.) under section 507(b)(1)(B), check here Part I Analysis of Revenue and Expenses (The (d) Disbursements total of amounts in columns (b), (c), and (d) (a) Revenue and (b) Net investment (c) Adjusted net for charitable may not necessarily equal the amounts in expenses per income income purposes books column (a) (see page 11 of the instructions).) m (cash basis only) 1 Contributions, gifts, grants, etc., received (attach schedule) 5,172,069. I if the foundationm mis mnotm mrequiredmmm tomm 2 Check attach Sch. B 3 Interest on savings and temporary cash investmentsmmmm 256,597. 256,597. 256,597. 4 Dividends andm interestmmmm frommm msecuritiesmmmmmmmmm 20,798,870. 15,984,789. 20,075,617. ATCH 1 5 a Gross rents 324,250. 324,250. 324,250. b Net rental income or (loss) 201,954. 6 a Net gain or (loss) from sale of assets not on line 10 114,482,464. b Gross sales price for all 1,705,532,086. assets on line 6a m 7 Capital gain net income (from Part IV, line 2) 79,236,189. Revenue mmmmmmmmm 8 Net short-term capital gainmmmmmmmmmmmm 68,958,321. 9 Income modifications 47,375. 10 a Gross sales less returnsmmmmm 17,174,331. ATCH 2 and allowances m b Less: Cost of goods sold 9,272,456.mmmm c Gross profit or (loss) (attach schedule)mmmmmmm 7,901,875. 7,901,873. 11 Other income (attach schedule) mmmmmmmm 31,492,329. 59,605,084. 62,097,576. ATCH 3 12 Total. Add lines 1 through 11 mm 180,428,454. 155,406,909. 159,661,609. 13 Compensation of officers, directors, trustees,m etc.mmmm 4,255,672. 1,324,829. 1,509,902. 3,978,051. 14 Other employee salaries and wagesmmmmmm 75,969,618. 161,549. 1,666,080. 73,071,257. 15 Pension plans, employee benefitsmmmmmmmmm 32,821,476. 579,688. 1,217,358. 31,604,118. 16 a Legal fees (attach schedule) ATCHmm m4mmm 1,961,543. 84,285. 90,576. 1,870,967. b Accounting fees (attach schedule) ATCH m5 mm 494,294. 223,033. 415,874. 78,420. c Other professionalmmmmm feesmm m(attachmmm schedule)mmmmmm*mm 6,306,308. 6,286,708. 6,286,708. 19,600. 17 Interest ATTACHMENT 7 26,853,773. 0. 26,853,773. 0. ** 940,777. 0. 629,646. 311,131. 18 Taxes (attach schedule) (see page 14 of the instructions) m 19 Depreciation m(attachmmm schedule)mmmmm andmm depletionmmmmmm 47,345,315. 44,626. 117,999. 20 Occupancy mmmmmm 11,377,200. 9,719. 2,414,249. 8,962,951. 21 Travel, conferences, and meetingsmmmmmmmmmm 4,642,826. 79,234. 459,757. 4,183,069. 22 Printing and publications mmmmmm 1,358,743. 4,945. 60,098. 1,298,645. 23 Other expenses (attach schedule) ATCH 9 48,591,596. 59,104,632. 72,206,146. 41,593,462. 24 Total operating and administrativemmmm mexpenses.mmmmm Add lines 13 through 23 262,919,141. 67,903,248. 113,928,166. 166,971,671. Operating and Administrative Expenses mmmmmmm 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: mm a Excess of revenue over expenses and disbursements -99,058,226. b Net investment income (if negative, enter -0-)mm 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. * ATCH 6 JSA ** ATCH 8 Form 990-PF (2009) 9E1410 2.000 KL4408 1639 V 09-9.3 562005 PAGE 1 Form 990-PF (2009) 95-1790021 Page 2 Attached schedules and amounts in the Beginning of year End of year Part II Balance Sheets description column should be for end-of-year amountsmmm only.mm (Seemm instructions.)mmmmmmmmmmm (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing mmmmmmmmmmm 253,018. 274,758. 274,758. 2 Savings and temporaryI cash investments 295,622,258. 296,400,135. 296,400,135. 3 Accounts receivable I Less: allowance for doubtfulI accounts 4 Pledges receivable I Less: allowance for doubtfulmmmm accountsmmmmmmmmmmmmmmmmmm 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see page 16 of theI instructions) 7 Other notes and loans receivable (attachI schedule) Less: allowance for doubtful maccountsmmmmmmmmmmmmmmmmm 8 Inventories for sale or use mmmmmmmmmmmm 4,253,087. 3,983,623. 5,225,960. 9 Prepaid expenses and deferred charges m 7,164,933. 6,900,499. 6,900,499. a ** 9,734,077. 48,120,799. 48,120,799. Assets 10 Investments - U.S. and state government obligations (attachmm schedule)mmmmmm b Investments - corporate stock (attach schedule) mATCHmmmm m11mm 481,783,224. 468,717,687. 468,717,687. c Investments - corporate bonds (attach schedule) ATCH 12 42,739,117. 64,032,442. 64,032,442. 11 Investments - land, buildings, I and equipment: basis Less: accumulated depreciation I (attach schedule) mmmmmmmmmmmmmmmm 12 Investments - mortgage loans mmmmmmmmmmmmm 91,039,771. 17,335,809. 17,335,809. 13 Investments - other (attach schedule) ATCH 13 3,542,030,585. 3,947,350,738. 3,947,350,738. 14 Land, buildings, and I equipment: basis 1753700710. Less: accumulated depreciation I 492,741,756. 1,305,159,071. 1,260,958,954. 1,269,064,018. (attach schedule) 15 Other assets (describe IATCH 14 ) 2,112,260,198. 1,979,527,945. 3,461,456,374. 16 Total assets (to be completed by all filersmm - mseem mthemmmmmmmm instructions. Also, see page 1, item I) mmmmmmmmmmm7,892,039,339. 8,093,603,389. 9,584,879,219. 17 Accounts payable mandmm accruedmmmm expensesmmmmmmmmmmmmmmmm 288,615,550. 341,072,500. 18 Grants payable mmmmmmmmmmmmmmmmmmmmmm 4,165,225. 8,986,175. 19 Deferred revenue m 20 Loans from officers, directors, trustees, and other disqualified personsmmmmm 21 Mortgages and other notes payable (attach schedule) 626,630,000. 622,555,000. ATCH 15 Liabilities I 130,828,403. 22 Other liabilities (describe mmmmmmmmmmm) 23 Total liabilities (add lines 17 through 22) 1,050,239,178. 972,613,675. Foundations that follow SFAS 117, check here IX and completemm linesmmm 24m throughmmmmm 26m mandmm linesmmm 30m mandmm 31.mmm 24 Unrestricted mmmmmmmmmmmmmmmmmmmm6,840,223,011. 7,118,779,500. 25 Temporarily restricted mmmmmmmmmmmmmmmmmmmm 1,017,150. 1,445,214. 26 Permanently restricted 560,000. 765,000. Foundations that do not follow SFAS 117, I check here and complete lines 27 throughm m31.mmmmmmm 27 Capital stock, trust principal, or current funds mmmmm 28 Paid-in or capital surplus, or land, bldg., and equipment fund mm 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see page 17 of the mmmmmmmmmmmmmmmmmmmmmmmmm6,841,800,161. 7,120,989,714. Net Assets or Fund Balances instructions) 31 Total liabilities and mnetm assets/fundmmmmmm balancesmmmmm m(seemm pagemm m17mmm of the instructions) 7,892,039,339. 8,093,603,389. Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of yearmm - mPartmm II,m mcolumnmmm m(a),mm linemm 30m m(mustmmm agreemmm mwithmmmmmm end-of-year figure reported on prior year'smmm mreturn)mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm1 6,841,800,161. 2 Enter amount from Part I, line 27a I 2 -99,058,226. 3 Other increases not includedmmm minm linemm 2m (itemize)mmmmmmmmmATTACHMENTmmmmmmmmmm m16mmmmmmmmmmmmmmmmm3 451,530,178. 4 Add lines 1, 2, and 3 I 4 7,194,272,113. 5 Decreases not included in line 2 (itemize) ATTACHMENT 17 mmmmm5 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. ** ATCH 10 Form 990-PF (2009) JSA 9E1420 1.000 KL4408 1639 V 09-9.4 562005 PAGE 2 Form 990-PF (2009) 95-1790021 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (b) How (c) Date (a) List and describe the kind(s) of property sold (e.g., real estate, acquired acquired (d) Date sold P-Purchase (mo., day, yr.) 2-story brick warehouse; or common stock, 200 shs.