Return of Private Foundation OMB No 1545-0052 Form 990 -PF Or Section 4947( A)(1) Nonexempt Charitable Trust ` Treated As a Private Foundation 2011 Note
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l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491123005113 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947( a)(1) Nonexempt Charitable Trust ` Treated as a Private Foundation 2011 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 2011 , or tax year beginning 07 - 01-2011 , and ending 06-30-2012 G Check all that apply r'Inltlal return r'Inltlal return of a former public charity r'Flnal return r-Amended return (Address change (Name change Name of foundation A Employer identification nu The I Paul Getty Trust 95-1790021 °/ WILLIAM G H11MPHRTFS Number and street (or P 0 box number if mail is not delivered to street address) Room/suite 6 Ielepnone 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 Fa Ir 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)x$ 10,502,514,302 (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 total of amounts in columns (b), (c), and (d) may not expenses per income income purposes necessanly equal the amounts in column (a) (see page 11 of books the instructions) ) (cash basis only) 1 Contributions, gifts, grants, etc , received (attach schedule) 22,782,663 2 Check 11111- F_ if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 1,835,969 1,835,969 1,835,969 4 Dividends and interest from securities. 19,181,612 18,889,932 19,181,612 5a Gross rents . 356,512 356,512 356,512 b Net rental income or (loss) 235,842 C, 6a Net gain or (loss) from sale of assets not on line 10 163,796,771 b Gross sales price for all assets on line 6a 2,933,410,807 co 7 Capital gain net income (from Part IV , line 2) . 236,245,694 co 8 Net short-term capital gain . 0 9 Income modifications . 28,447 10a Gross sales less returns and allowances 17,761,490 b Less Cost of goods sold . 8,739,526 c Gross profit or (loss) (attach schedule) . 9,021,964 9,021,964 11 Other income (attach schedule) . 40,302,060 101,001,789 125,200,679 12 Total . Add lines 1 through 11 . 257,277,551 358,329,896 155,625,183 13 Compensation of officers, directors, trustees, etc 5,133,938 1,304,317 1,482,548 3,651,390 14 Other employee salaries and wages 77,805,344 157,477 3,268,103 74,537,241 15 Pension plans , employee benefits . 32,120,054 578,432 1,802,862 30,317,192 16a Legal fees (attach schedule) . 899,253 349,166 349,166 550,087 b Accounting fees (attach schedule) . 666,388 245,868 420,468 245,920 W co c Other professional fees (attach schedule) . 7,917,018 7,900,940 7,900,940 16,078 17 Interest . 24,318,638 24,318,638 18 Taxes (attach schedule) (see page 14 of the instructions) 966,132 365 724,593 241,539 19 Depreciation (attach schedule) and depletion . 46,570,169 44,626 88,005 20 Occupancy . 12,204,494 17,148 810,283 11,394,211 21 Travel, conferences, and meetings . 5,658,338 129,823 610,938 5,047,401 C5 22 Printing and publications . 1,459,891 6,099 80,310 1,379,582 23 Other expenses (attach schedule) . 52,323,174 53,046,223 78,387,563 41,187,047 s 24 Total operating and administrative expenses. Add lines 13 through 23 . 268,042,831 63,780,484 120,244,417 168,567,688 25 Contributions, gifts, grants paid . 10,522,711 14,565,066 26 Total expenses and disbursements . Add lines 24 and 25 278,565,542 63,780,484 120,244,417 183,132,754 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -21,287,991 b Net investment income (if negative, enter -0-) 294,549,412 c Adjusted net income (if negative, enter -0-) 35,380,766 For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions . Cat No 11289X Form 990-PF (2011) Form 990-PF (2011) 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 . 1,015,355 5,517,348 5,517,348 2 Savings and temporary cash investments . 349,444,081 223,177,221 223,177,221 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 . 4,194,101 4,933,386 7,579,272 9 Prepaid expenses and deferred charges . 6,804,234 9,404,625 9,404,625 10a Investments - U S and state government obligations (attach schedule) 31,751,29 0 116,971,566 116,971,566 b Investments -corporate stock ( attach schedule) . 330,180,55 3 269,852,663 269,852,663 c Investments - corporate bonds ( attach schedule). 118,196,88 7 53,048,394 53,048,394 11 Investments - land, buildings , and equipment basis Less accumulated depreciation ( attach schedule) ► 0 12 Investments - mortgage loans . 84,467,069 98,152,469 98,152,469 13 Investments -other ( attach schedule ) . 4,671,579,304 4,572,536 ,391 4,572,536,391 14 Land, buildings , and equipment basis 1,764,106,372 584,079,464 1,209,179,279 1,180,026 ,908 1,193,666,042 Less accumulated depreciation ( attach schedule ) ► 15 Other assets ( describe Ilk- ) 2,106,960 , 747 2,235,003,442 3,952,608,311 16 Total assets ( to be completed by all filers-see the instructions Also, see page 1, item I) 8,913,772,900 8,768,624,413 10,502,514,302 17 Accounts payable and accrued expenses . 372,664,324 599,116,516 18 Grants payable . 8,101,239 5,910,653 19 Deferred revenue . 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable ( attach schedule ) . 618,320,000 616,945,000 ) 0 12,332,696 J 22 Other liabilities ( describe ► 23 Total liabilities ( add lines 17 through 22) . 999,085,563 1,234,304,865 Foundations that follow SFAS 117, check here ► F and complete lines 24 through 26 and lines 30 and 31. w1 4) 24 U nrestricted . 7,909,332,273 7,530,275,703 4,385,064 2,828,108 qu 25 Temporarily restricted . 26 Permanently restricted 970,000 1,215,737 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 ) . 7,914,687,337 7,534,319,548 31 Total liabilities and net assets/ fund balances ( see page 17 of the instructions ) . 8,913,772,900 8,768,624,413 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 7,914,687,337 2 Enter amount from Part I, line 27a . 2 -21,287,991 3 Other increases not included in line 2 (itemize) 3 4 Add lines 1, 2, and 3 . 4 7,893,399,346 5 Decreases not included in line 2 (itemize) Oil 9!^ 5 359,079,798 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 . 6 7,534,319,548 Form 990-PF (2011) Form 990-PF (2011) 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 INVESTMENT - LT P d PUBLICLY TRADED FIXED INCOME INVESTMENT - ST P e INTEREST RATE SWAP (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 202,684,287 167,007,877 35,676,410 b 236,108,049 236,085,234 22,815 c 155,084,678 144,087,183 10,997,495 d 2,130,226,419 2,137,193,257 -6,966,838 e 0 12,791,562 -12,791,562 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 35,676,410 b 22,815 c 10,997,495 d -6,966,838 e -12,791,562 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 2 236,245,694 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