Return of Private Foundation OMB No 15450052 F. 990 -PF Department of the Treasury or Section 4947( a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 004 Internal Revenue Service Note . The org anization ma y be able to use a copy of this return to satisfy state reportin g req uirements For calendar y ear 2004 , or tax y ear be g inning 07 / 01 , 2004 , and ending 06/30/2005 G Check all that apply Initial return Final return I x Amended return Address change Name change Name of organization 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 mall is not delivered to street address) Room/suite B Telephone number (see page 10 of print the instructions) or type. See S p ecific 1200 GETTY CENTER DRIVE , SUITE 401 ( 310 ) 440-6630 If City or town, state, and ZIP code C exemption application is ► I nstruc tions . pending check here D 1 Foreign org anu ations check here : ► LOS ANGELES , CA 90049 2 Foreign organizations meeting the 95% test check here and attach ► a H Check type of organization x Section 501 ( c 3 exempt Pprivate foundation computation . Section 4947 ( a )( 1 nonexem p t charitable trust Other taxable private foundation - - E If pnvate foundation status was terminated t Fa ir market value of all assets at end J Accounting method cash x Accrual under section 507(b)(IXA), check here . 111" El of year (from Part fl, col (c), line q Other (specify) _ _ _ _ _ _ _ _ _ _ F If the foundation is in a 60-month termination 1, column (d) must be under 507(bXIXB 16)0, $ 9 , 618 . 627 , 974. (Part on cash basis) section ). dreck here . 10' F-l Analysis of Revenue and Expenses (d) Disbursements (a) b (The total of amounts in columns (b), (c), and Revenue and ( ) Net investment (c) Adjusted net' for charitable expenses per (d) may not necessanly equal the amounts in income income purposes books column (a) (see page 11 of the instructions ( cash basis only) I Contribution s • rfts, grants , etc. receved (attach schedule ) . 2 , 961 , 141. STMT 1 2 ► I I if the foundation is not required to Check L-^ attach Sch B 3 Interest on savings and temporary cash investments 5 , 892 , 847. 5 , 892 , 847. 5 , 892 , 847. 4 Dividends and interest from securities . 73 479 511. 70 563 085. 80 , 334 , 351. 5a Gross rents . 374 752. 374 752. 374 752. b Net rental income or (loss) 278,829 . d 6a Net gain or (loss) from sale of assets not on line 10 294 , 779 , 915. STMT 2 b Gross sales price for all assets on line 6a 4,016,719,816. w 7 Capital gain net income (from Part IV, line 2) 284 , 241 , 130. , . 52 267 833. 9 • • • • 28 591. 10 Mces 5 199 690. ld , CO 8 024582. OM a a^ hedule) • STMT 3 7 17 5 108 . 1 1 ch s ) . 13 859 719. 23 539 101. 27 894 349. STMT 4 1 2 t s 1 h^-ripu h 398 522 993. 384 610 915. 173 , 967 , 831. =in trustees etc 6 , 213 , 379. 841 979. 886 294 . 5 , 327 , 085. 14 Other employee salaries and wages 74 209 382. 475 194. 2 , 195 , 386. 71 , 970 , 174. in . y 15 Pension plans employee benefits .. .. 55 , 198 , 388. 314 508. 739 730. 54 458 658 . 16a Legal fees (attach schedule) , . , , , , , .4 , 216 , 742. 73 818. 98 989 . 4 117 753 . b Accounting fees (attach schedule) 711 587. 184 250. 374 110. 337 477 . c Other professional fees (attach scW , 5 9 434 401. 9 356 379. 9 361 766. 72 635 . 17 Interest . .STMT.6 8 724 611. NONE 18 724 611. NONE 18 Taxes ( attachschedule )( seepage14ofthenstructions ) 715 470. NONE 453 040. 262 430. 19 Depreciation (attach schedule) and depletion 4 748 598. 40 841 . 167 821. 20 Occupancy . ... .. ...... 3 055 047. 13 , 008. 1 , 351 , 150. 11 703 897. 0 21 Travel, conferences. and meetings • • • , 4 , 810 , 585. 38 , 759. 246 877. 4 ( 563 , 708. C m 22 Printing and publications . .. .. 3 394 518. NONE 55 , 557. 3 338 961. 23 Other expenses (attach schedule) S,TMT9 : 3.10 96 014 795. 12 201 933. 19 309 204. 14 , 501 , 091. 24 Total operating and administrative expenses Add lines 1 3 through 23 . .... 321 447 503. 23 540 669. 53 964 535. 170 653 869. 25 Contributions gifts, grants paid .STMT. 11. 20 597 674. 22 , 778 , 357. 26 Total expenses and disbursements Add lines 24 and 25 342 045 177. 23 540 669. 53 964 535. 193 432 226. 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 56 477 816. b Net investment income (if negative, enter -0-) 361 , 070 , 246. c Adjusted net income ( if neg ative , enter -0- ) . 120 , 003 , 296. For Privacy Act and Paperwork Reduction Act Notice , see the instructions . * STMT 7 Form 990-PF (2004) JSA 4E14102000 ** STMT 8 C-^s^ Form 990-PF(2004) 0 a Paae 2 Attached schedules and amounts in the Be g innin g of year End of year Balance Sheets description column should be for end-of- year amounts only (See instructions (a) Book Value (b ) B ook Val ue (c ) Fair Market Value I Cash - non-Interest-bearing . 450 853. 118 993. 118 , 993 . 2 Savings and temporary cash investments . 572 135 4 50. 198 709 402. 198 , 709 , 402 . 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 ► _ _ _ ut 8 Inventories for sale or use . 4 , 092 , 284. 3 , 742 , 219. 5 , 068 , 434. H 9 Prepaid expenses and deferred charges . 4 , 127 , 512. 2 , 572 , 815. 2 , 572 , 815. N 10 a Investments -U S and state government obligations (attach schedule)* * 323 294 810. 133 682 220. 133 , 682 , 220. b Investments - corporate stock (attach schedule) . STMT 12 . 2 , 536 , 836 , 753. 2 , 853 , 744 , 510. 2 , 853 , 744 , 510 . c Investments - corporate bonds (attach schedule) STMT 1,2 , 317 744 457. 107 820 497. 107 , 820 , 497. 11 Investments -land, buildings ► and equipment basis ___________________ Less accumulated depreciation ► (attach schedule) ------------------- 12 Investments - mortgage loans . $Tt4T, L? , 351 047 196. 246 122 915. 246 122 915. 13 Investments - other (attach schedule) . $Z' f1 12 , 993 353 788. 1 , 637 , 595 , 828. 1 , 637 , 595 , 828. 14 Land. buildings. and equipment basis ► -___- 1r706,342,646. STMT 13 Less (alt5ch schedule) _ _ _ _ _ _ _ _ 309,435,562._ 1 , 109 , 055 , 501. 1 , 396 , 907 , 084. 1 , 398 , 244 , 841. 15 Other assets (describe _ _ _ _ _ _ _ _ _ _ _ _ _ STMT_ 14) 2,428, 877, 525. 2,006, 864, 220. 3,034,947,519. 16 Total assets (to be completed by all filers - see page 16 of the instructions Also see page 1 Item I 8 641 016 129. 8,587, 880, 703. 9,618,627,974. 1 7 Accounts payable and accrued expenses . 351 115 488. 272 437 773. 1 8 Grants payable . 10 059 334. 7 , 840 , 717. d 19 Deferred revenue . 20 Loans from officers directors trustees and other disqualified persons 21 Mortgages and other notes payable (attach schedule) 617 937 045. 619 , 685 077. STMT 15 J 22 Other liabilities (describe 0- _ _ _ - _ _ _ - _ _ _ _ STMT_ 1 6 ) 384 255 368. 209 , 638 , 958. 23 Total liabilities add lines 17 t hro u g h 22 1 , 363 , 36 7 235. 1 109 602 525. Organizations that follow SFAS 117, check here 0- X and complete lines 24 through 26 and lines 30 and 31. N 24 Unrestricted . 7 276 498 894. 7 , 476 , 951 , 178. m 25 Temporarily restricted . 875 000. 1 , 027 , 000. m 26 Permanently restricted . 275 000. 300 , 000. C Organizations that do not follow SFAS 117, u_ check here and complete lines 27 through 31. ► 6 27 Capital stock, trust principal, or current funds . W 28 Paid-in or capital surplus, or land. bldg , and equipment fund . , in 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see page 17 of the ar Z instructions) . 7 277 648 894. 7,478, 278, 178. 31 Total liabilities and net assets/fund balances (see page 17 of the instructions 8 641 016 129. 8,587, 880, 703. 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 , 277 , 648 894 . 2 Enter amount from Part I, line 27a . .. .. .. .. .. .. .. .. .. ..... 2 56 , 477 , 816 . 3 Other increases not included in line 2 (Itemize) SEE STATEMENT _17 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 3 144 , 151 , 468. - ------------ - -- - 4 Add lines 1, 2, and 3 . .. .. .. .. .. ... .. ... .. .. .. ..... ... 4 7,478, 278, 178. 5 Decreases not included in line 2 (itemize) 10, 5 6 Total net assets or fund balances at end of-------------------year ( line 4 minus line 5 ) - Part- --------II column -(b-------), line 30 • 6 7,478, 278, 178 .