Final Timmy Update

I thought about throwing out some more red herrings but everyone has worked so hard on this and done so much that I don't want to throw everyone in a tizzy again for the next 36 hours. Therefore I will refrain from driving you even more insane by throwing out hints that may or may not be hints.

It is indeed a dog who won a gold medal and the dog belonged to a black kid who was in Our Gang, but really wanted to be a woman. I don't know how you managed to put it all together.

Seriously though, from a quick read of all the comments it appears that for the most part, the entire thing including the how and why have been solved. There are about four or five comments that put it all together, and so I really don't know what to add except to tell you that it was an Academy Award.