2025-05-08T10:01:26-04:00 2024-12-31 920460586 PWC US TAX LLP 4300 E CAMELBACK ROAD STE 475 PHOENIX AZ 85018 990 2024-01-01 346844729 CMA-SEVERANCE MILLIKIN TA MILL 2166897538 4900 TIEDEMAN ROAD OH-01-49-0381 BROOKLYN OH 44144 KEYBANK BY JOSEPH VELKOS VICE PRESIDENT 2166897538 2025-05-01 true true JEFFREY E KUHLIN P00353001 4123556000 2025-05-01 X 2024 2025-03-06 01:10:19Z Keybank N A Trustee 4900 TIEDEMAN RD BROOKLYN OH 44144 1471252 false X N/A X 1976 OH GRANTS ARE MADE ACCORDING TO THE TRUST AGRREMENT DATED 2/23/1976.KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS TO THE CLEVELAND MUSEUMOF ART TO MAKE ART PURCHASES. UNDER THE OHIO INSTITUTIONAL TRUSTFUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUMOF INCOME BASE ON THE GREATER OF 5 PERCENT OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OFTHE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASENOTE THE CHARITY HAS A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEEHAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATIONTO QUALIFY AS A 509A3. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION 1 0 0 0 0 0 0 198993 1268969 25 0 199018 1268969 374046 362220 0 45145 50021 0 0 1455 4570 420646 416811 -221628 852158 5338715 6173500 0 0 5338715 6173500 GRANTS ARE MADE ACCORDING TO THE TRUST AGRREMENT DATED 2/23/1976.KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS TO THE CLEVELAND MUSEUMOF ART TO MAKE ART PURCHASES. UNDER THE OHIO INSTITUTIONAL TRUSTFUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUMOF INCOME BASE ON THE GREATER OF 5 PERCENT OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OFTHE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASENOTE THE CHARITY HAS A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEEHAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATIONTO QUALIFY AS A 509A3. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION false false 362220 362220 Grants are made to the Cleveland Musuem of Art for purchasing works of art. 362220 true false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true false false false false false false OH X KEYBANK N A 2168134573 4900 TIEDEMAN RD OH 01 49 0381 BROOKLYN OH 441442302 KEYBANK N A TRUSTEE 2.0 X 50021 0 0 50021 0 0 false false false 106702 106702 1364550 202283 1162267 1162267 1162267 1268969 1268969 362220 362220 50021 50021 1050 1050 OHIO ATTORNEY GENERAL FILING FEE 3520 3520 416811 362220 54591 0 65036 -19697 5273679 6193197 5338715 6173500 0 0 X 5338715 6173500 5338715 6173500 5338715 6173500 X 852158 -17373 X false false false X X 1 CLEVELAND MUSEUM OF ART 340714336 6 true 362220 0 1 362220 0 true false false false false false false false false false false true false false false false true false true 0 0 106587 106702 106587 106702 0 46600 54591 0 59987 52111 7245506 8230398 0 0 7245506 8230398 0 0 7245506 8230398 108683 123456 7136823 8106942 249789 283743 0 249789 283743 59987 50989 249789 249789 0 249789 362220 0 0 0 0 0 362220 362220 249789 1.0 249789 0 0 0 0 336273 374046 710319 0 249789 0 460530 362220 0 362220 0 0 822750 0 0 86484 374046 362220 PART IV, Section D, Line 3 The Cleveland Museum of Art shall have the right at any time to offer its insight or suggestions to Keybank with respect to the administration or investments of the trust. The Cleveland Museum ofArt shall have the authority to approve all investment policy statements with respect to the trusts, as well as any future changes to those investment policy statements. PART IV, Section D, Line 2 The Cleveland Museum of Art and Keybank maintain a close and continuous relationship with respect to the administration and investments of the trusts. The parties shall continue to meet at least twice a year. In order to review the administration and investments of the trusts. PART V, Section D, Line 8 Keybank will continue to provide to the Cleveland Museum of Art periodic statements at least quarterly, reflecting the book value and market value of all trust inestments, and all receipts and disbursements from the trusts. Keybank will continue to provide the Cleveland Museum of Art detailed reports reflecting the investment performance o the trusts as compared to relevant PART V, Section D, Line 8 continued benchmarks. The Cleveland Museum of Art agrees to annually provide to Keybank copies of its current investment policy. As the sole beneficiary of the trust, the Cleveland Museum of Art has always had complete contol over the disposition of income that has been distributed from the trust to the Cleveland Museum of Art. PART V, Section D, Line 8 continued The parties acknowledge that William Hartmann serves on the Board of CMA, and is also a senior executive at Keybank. his further demonstrates the close relationship between the parties. CLVELAND MUSEUM OF ART CTF 6193197 C KT SHORT TERM FD C 6193197 true CLEVELAND MUSEUM OF ART 11150 EAST BLVD CLEVELAND OH 441061711 340714336 170(b)(1)(A)(vi) 362220 FOR PURCHASE OF ART EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 GRANTS ARE MADE TO 501C3 ORGANIZTIONS THAT ARE NAMED IN THE TRUSTDOCUMENT. OUR ADMINISTRATIVE REPRESENTATIVES ARE IN PERIODIC CONTACTWITH REPRESENTIVES OF THE CHARITIES IN ORDER TO BE IN COMPLIANCEWITH THE TRUST PROVISIONS EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a KEYBANK IS SOLE TRUSTEE. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 6 KeyBank is sole Trustee. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW ALL RETURNS ARE PREPARED AND THOROUGHLY REVIEWED BY OUR TAX VENDOR AND/OR INTERNAL PROFESSIONAL TAX DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 15a KEYBANK IS SOLE TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALL DECISIONS WITH RESPECT TO THE OPERATION AND ADMINISTRATION OF THE TRUST. FORM 990, PAGE 6, PART VI, LINE 15b KEYBANK IS SOLE TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALL DECISIONS WITH RESPECT TO THE OEPRATION AND ADMINISTRATION OF THE TRUST. FORM 990, PAGE 6, PART VI, LINE 19 Documents are available upon request by mail or by phone and delivered within 2 weeks of the request. EXPLANATION FOR FORM 990, PART XI, LINE 9 PENDING SALE ADJ (-$17,374), ROUNDING ($1) CLEVELAND MUSEUM OF ART 11150 EAST BLVD CLEVELAND OH 44106 340714336 ART OH 501(c)3 170(b)(1)(A)(vi) N/A false false true false false false false false false false false false false false false false false false false false