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Return of Private Foundation OMB No 1545-0052 Form 990 -PF Or Section 4947( A)(1) Nonexempt Charitable Trust ` Treated As a Private Foundation 201 0 Note

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Return of Private Foundation OMB No 1545-0052 Form 990 -PF Or Section 4947( A)(1) Nonexempt Charitable Trust ` Treated As a Private Foundation 201 0 Note l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491136009222 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947( a)(1) Nonexempt Charitable Trust ` Treated as a Private Foundation 201 0 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 2010 , or tax year beginning 07 - 01-2010 , and ending 06-30-2011 G Check all that apply r'Initial return r'Initial return of a former public charity r'Final return r-Amended return (Address change (Name change Name of foundation A Employer identification nu The I Paul Getty Trust 95-1790021 Number and street (or P 0 box number if mail is not delivered to street address ) Room /suite 6 ieiepnone number (see page 1u of the instructions) 1200 Getty Center Drive Suite 401 (310) 440-6040 City or town, state, and ZIP code C If exemption application is pending, check here F Los Angeles, CA 90049 D 1. Foreign organizations , check here (- H C heck type of organization F Section 501( c)(3) exempt private foundation 2. Foreign organizations meeting the 85% test, r- check here and attach computation FSection 4947 ( a )( 1 nonexem p t charitable trust (Other taxable p rivate foundation E If private foundation status was terminated I Fair market value of all assets at end J Accounting method F Cash F Accrual und er sect ion 507 ( b )( 1 )( A ), c hec k here 0- F of y e a r (from Part 77, col. (c), Other (specify) F If the foundation is in a 60 - month termination line 16)1k,$ 10,483,398 ,708 (Part I, column (d) must be on cash basis.) under section 507(b)(1)(B), check here 0- F ( d) Disbursements Analysis of Revenue and Expenses (The (a ) Revenue and ( b) Net investment (c) Adjusted net for charitable tota l of amounts in columns (b), (c), and (d) may not expen ses per income income purposes necessanly equal the amounts in column (a) (see page 11 of boo ks the instructions) ) (cash basis only) 1 Contributions, gifts, grants , etc , received ( attach schedule ) 10,074,900 2 Check 11111- F_ if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 2,486,596 2,486,596 2,486,596 4 Dividends and interest from securities . 19,084,515 17,827,148 17,524,630 5a Gross rents . 345,800 345,800 345,800 b Net rental income or (loss) 223,504 C, 6a Net gain or (loss ) from sale of assets not on line 10 271,172,259 b Gross sales price for all assets on line 6a 1,607,002,480 co 7 Capital gain net income (from Part IV , line 2) . 122,781,947 8 Net short - term capital gain . 24,304,149 9 Income modifications . 3,728,074 10a Gross sales less returns and allowances 16,289,075 b Less Cost of goods sold . 7,421,626 c Gross profit or (loss ) ( attach schedule ) . 8,867,449 8,867,448 11 Other income ( attach schedule ) . 54,248,822 82,476,090 89,705,272 12 Total . Add lines 1 through 11 . 366,280,341 225,917,581 146,961,969 13 Compensation of officers, directors , trustees , etc 4,062,574 1,258,226 1,433,902 2,628,672 14 Other employee salaries and wages 73,904,562 159,037 2,880,043 71,024,519 15 Pension plans , employee benefits . 30,911,429 566,905 1,662,616 29,248,813 16a Legal fees ( attach schedule ) . 1,411,970 105,991 107,387 1,304,583 b Accounting fees ( attach schedule ) . 540,601 227 ,420 463,595 77,006 W co c Other professional fees (attach schedule ) . 6,285,771 6,256,561 6,256,571 29,200 17 Interest . 26,160,294 0 26,160,294 0 18 Taxes ( attach schedule ) ( see page 14 of the instructions ) 943,506 201 674,221 269,286 19 Depreciation ( attach schedule ) and depletion . 46,812,464 44,626 110,253 20 Occupancy . 11,977,050 14,965 960,370 11,016,681 21 Travel , conferences , and meetings . 5,409,714 136,608 561,309 4,848,405 M 22 Printing and publications . 1,464,210 6,110 68,004 1,396,206 23 Other expenses ( attach schedule ) . 48,289,581 75,918,874 92,464,335 42,606,912 s 24 Total operating and administrative expenses. Add lines 13 through 23 . 258,173,726 84,695,524 133,802,900 164,450,283 25 Contributions, gifts, grants paid . 9,678,239 12,632,048 26 Total expenses and disbursements . Add lines 24 and 25 267,851,965 84,695,524 133,802,900 177,082,331 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 98,428,376 b Net investment income ( if negative, enter -0- ) 141,222,057 c Adjusted net income ( if negative , enter -0- ) 13,159,069 For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions . Cat No 11289X Form 990-PF (2010) Form 990-PF (2010) Panes 2 Attached schedules and amounts in the description column Beginning of year End of year Balance Sheets should be for end-of- y ear amounts onl y (See instructions ( a) Boo k Va l ue ( b ) Boo k Va l ue ( c) F air M arket Va l ue 1 Cash-non - interest-bearing . 274,758 1,015,355 1,015,355 2 Savings and temporary cash investments . 296,400,135 349,444,081 349,444,081 3 Accounts receivable ► Less allowance for doubtful accounts 4 Pledges receivable ► Less allowance for doubtful accounts 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) ► Less allowance for doubtful accounts 8 Inventories for sale or use . 3,983,623 4,194,101 7,014,296 9 Prepaid expenses and deferred charges . 6,900,499 6,804,234 6,804,234 10a Investments - U S and state government obligations (attach schedule) 48,120,79 9 31,751,290 31,751,290 b Investments -corporate stock ( attach schedule ) . 468,717,68 7 330,180,553 330,180,553 c Investments - corporate bonds ( attach schedule ). 64,032,44 2 118,196,887 118,196,887 11 Investments - land, buildings , and equipment basis 0 0 0 0 0 Less accumulated depreciation ( attach schedule) ► 12 Investments - mortgage loans . 17,335,809 84,467,069 84,467,069 13 Investments-other ( attach schedule ) . 3,947,350,738 4,671,579 ,304 4,671,579,304 14 Land, buildings , and equipment basis 1,747,597,030 538,417,751 1,260,958,954 1,209,179 ,279 1,216,170,964 Less accumulated depreciation ( attach schedule ) ► 15 Other assets ( describe Ilk- ) 1,979,527 , 945 2,106,960,747 3,666,774,675 16 Total assets ( to be completed by all filers-see the instructions Also, see page 1, item I) 8,093,603,389 8,913,772,900 10,483,398,708 17 Accounts payable and accrued expenses . 341,072,500 372,664,324 18 Grants payable . 8,986,175 8,101,239 19 Deferred revenue . 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable ( attach schedule ) . 622,555,000 618,320,000 J 22 Other liabilities ( describe ► 23 Total liabilities ( add lines 17 through 22) . 972,613,675 999,085,563 Foundations that follow SFAS 117, check here ► F and complete lines 24 through 26 and lines 30 and 31. w1 4) 24 U nrestricted . 7,118,779,500 7,909,332,273 1,445,214 4,385,064 qu 25 Temporarily restricted . 26 Permanently restricted 765,000 970,000 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 ) . 7,120,989,714 7,914,687,337 31 Total liabilities and net assets/ fund balances (see page 17 of the instructions ) . 8,093,603,389 8,913,772,900 UTIM 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 7,120,989,714 2 Enter amount from Part I, line 27a . 2 98,428,376 3 Other increases not included in line 2 ( itemize ) 3 695,269,247 4 Add lines 1 , 2, and 3 . 4 7,914,687,337 5 Decreases not included in line 2 ( itemize) Oil 5 6 Total net assets or fund balances at end of year ( line 4 minus line 5)-Part II, column ( b), line 30 . 6 7,914,687,337 Form 990-PF (2010) Form 990-PF (2010) 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 MLC Co (mo , day, yr (mo , day, yr D-Donation la PUBLICLY TRADED EQUITY INVESTMENTS- LT P b PUBLICLY TRADED EQUITY INVESTMENTS- ST P c PUBLICLY TRADED FIXED INCOME INVSTMTS-LT P d PUBLICLY TRADED FIXED INCOME INVSTMT-ST P 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 170,316,979 94,565,853 75,751,126 b 78,482,166 66,871,560 11,610,606 c 171,251,067 121,216,403 50,034,664 d 1,200,835,453 1,201,566,717 -731,264 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 75,751,126 b 11,610,606 c 50,034,664 d -731,264 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 2 122,781,947 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), in Part
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