Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 03-01-2021 , and ending 02-28-2022
Name of foundation
THE THOMAS P AND CYNTHIA D SCULCO
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)132 EAST 95TH ST
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10128
A Employer identification number

13-3952927
B Telephone number (see instructions)

(212) 606-1777
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$30,153,613
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,537,283
2 Check bullet.............
3 Interest on savings and temporary cash investments 15,366 15,366  
4 Dividends and interest from securities... 489,989 489,989  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,567,006
b Gross sales price for all assets on line 6a 27,457,073
7 Capital gain net income (from Part IV, line 2)... 4,830,256
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 6,609,644 5,335,611  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 91,334 0   91,334
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 36,048 0   8,566
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,294 0   1,294
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 128,676 0   101,194
25 Contributions, gifts, grants paid....... 1,087,325 1,087,325
26 Total expenses and disbursements. Add lines 24 and 25 1,216,001 0   1,188,519
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,393,643
b Net investment income (if negative, enter -0-) 5,335,611
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 211,946 598,247 598,247
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 827,958 Click to see attachment691,161 684,221
b Investments—corporate stock (attach schedule)....... 21,314,174 Click to see attachment26,458,313 28,871,145
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,354,078 27,747,721 30,153,613
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 750 750
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 750 750
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 22,353,328 27,746,971
29 Total net assets or fund balances (see instructions)..... 22,353,328 27,746,971
30 Total liabilities and net assets/fund balances (see instructions). 22,354,078 27,747,721
Part III
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
22,353,328
2
Enter amount from Part I, line 27a .....................
2
5,393,643
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
27,746,971
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
27,746,971
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a AMAZON P 2020-04-27 2021-05-12
b AMAZON P 2020-04-27 2021-08-13
c AMAZON P 2020-04-29 2022-01-25
d AMAZON P 2020-05-13 2022-01-25
e APPLE P 2020-05-08 2021-03-01
APPLE P 2020-05-08 2021-03-01
APPLE P 2020-05-08 2021-03-10
APPLE P 2020-05-08 2021-03-10
APPLE P 2020-05-08 2021-03-10
APPLE P 2020-05-08 2021-03-10
APPLE P 2020-07-20 2021-03-10
APPLE P 2020-07-20 2021-03-10
APPLE P 2020-07-21 2021-03-10
APPLE P 2020-07-21 2021-03-24
APPLE P 2020-07-21 2021-03-24
APPLE P 2020-07-21 2021-05-12
APPLE P 2020-08-10 2021-05-12
APPLE P 2020-08-25 2021-05-13
APPLE P 2020-08-25 2021-05-13
APPLE P 2020-08-25 2021-09-14
APPLE P 2020-08-25 2021-09-29
APPLE P 2020-08-25 2021-09-29
APPLE P 2020-08-26 2021-09-29
APPLE P 2020-08-26 2021-11-02
BANK OF AMERICA P 2020-09-04 2021-03-17
BANK OF AMERICA P 2020-09-08 2021-07-27
BANK OF AMERICA P 2021-01-21 2021-07-27
BANK OF AMERICA P 2021-04-27 2021-08-04
BANK OF AMERICA P 2021-04-27 2021-08-04
BANK OF AMERICA P 2021-04-27 2021-08-04
BANK OF AMERICA P 2021-04-27 2021-08-04
BOEING CO P 2020-09-08 2021-03-26
BOEING CO P 2020-11-17 2021-07-27
BOEING CO P 2020-11-17 2021-07-27
BOEING CO P 2020-11-25 2021-07-27
BOEING CO P 2020-11-25 2021-07-27
BOEING CO P 2020-12-14 2021-07-27
BOEING CO P 2020-12-14 2021-09-14
BOEING CO P 2021-02-24 2021-09-14
BOEING CO P 2021-02-24 2021-09-15
BOEING CO P 2021-02-24 2021-09-15
BOEING CO P 2021-02-24 2021-09-15
BOEING CO P 2021-02-24 2021-09-15
BOEING CO P 2021-02-24 2021-09-15
BOEING CO P 2021-04-01 2021-09-15
BOEING CO P 2021-04-01 2021-09-15
BOEING CO P 2021-04-01 2021-09-15
BOEING CO P 2021-04-01 2021-09-15
BOEING CO P 2021-04-07 2021-11-02
BOEING CO P 2021-04-07 2021-11-02
BOEING CO P 2021-04-07 2021-11-02
BOEING CO P 2021-04-07 2021-11-02
BP P L C SPONSORED ADR P 2021-01-04 2021-03-26
BP P L C SPONSORED ADR P 2021-03-10 2021-03-26
BP P L C SPONSORED ADR P 2021-05-26 2021-07-13
BP P L C SPONSORED ADR P 2021-06-09 2021-07-27
CATERPILLAR INC P 2018-11-26 2021-03-17
CATERPILLAR INC P 2018-11-26 2021-03-24
CATERPILLAR INC P 2018-11-26 2021-03-26
CATERPILLAR INC P 2020-04-27 2021-03-26
CATERPILLAR INC P 2020-05-12 2021-03-26
CATERPILLAR INC P 2020-06-09 2021-06-15
CATERPILLAR INC P 2020-06-09 2021-06-15
CATERPILLAR INC P 2020-06-09 2021-06-15
CATERPILLAR INC P 2020-06-09 2021-06-15
CATERPILLAR INC P 2020-06-09 2021-06-15
CONSOLIDATED EDISON INC P 2020-06-09 2021-07-13
CONSOLIDATED EDISON INC P 2020-06-09 2021-08-25
CONSOLIDATED EDISON INC P 2020-06-09 2021-08-26
CONSOLIDATED EDISON INC P 2020-06-09 2021-08-26
GOLDMAN SACHS GROUP INC P 2020-05-07 2021-03-17
GOLDMAN SACHS GROUP INC P 2020-05-22 2021-03-17
GOLDMAN SACHS GROUP INC P 2020-06-30 2021-11-23
GOLDMAN SACHS GROUP INC P 2020-09-08 2021-12-15
GOLDMAN SACHS GROUP INC P 2020-09-08 2022-01-20
GOLDMAN SACHS GROUP INC P 2020-09-08 2022-01-20
GOLDMAN SACHS GROUP INC P 2021-05-12 2022-01-25
GOLDMAN SACHS GROUP INC P 2021-05-12 2022-01-25
GOLDMAN SACHS GROUP INC P 2021-05-13 2022-02-02
GOLDMAN SACHS GROUP INC P 2021-05-13 2022-02-02
GOLDMAN SACHS GROUP INC P 2021-05-13 2022-02-08
GOLDMAN SACHS GROUP INC P 2021-05-13 2022-02-08
GOLDMAN SACHS GROUP INC P 2021-05-13 2022-02-08
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
GENERAL DYNAMICS CORP P 2021-07-13 2021-10-28
HONEYWELL INTL P 2020-06-10 2021-03-26
HONEYWELL INTL P 2020-06-24 2021-03-26
HONEYWELL INTL P 2020-07-09 2021-07-13
HONEYWELL INTL P 2020-07-09 2021-07-28
HONEYWELL INTL P 2020-07-09 2021-07-28
HONEYWELL INTL P 2020-07-09 2021-07-28
HONEYWELL INTL P 2020-07-09 2021-07-28
HONEYWELL INTL P 2020-07-09 2021-07-28
HONEYWELL INTL P 2020-11-17 2022-01-05
HONEYWELL INTL P 2020-11-25 2022-01-05
HONEYWELL INTL D 2020-12-14 2022-01-05
HONEYWELL INTL D 2020-12-14 2022-01-06
HONEYWELL INTL D 2020-12-14 2022-01-06
HONEYWELL INTL D 2020-12-14 2022-01-06
HONEYWELL INTL P 2020-12-24 2021-01-06
HONEYWELL INTL P 2021-04-27 2021-01-06
HONEYWELL INTL P 2021-04-27 2022-01-06
HONEYWELL INTL P 2021-04-27 2022-01-06
HONEYWELL INTL P 2021-04-27 2022-01-20
INTEL CORP P 2021-11-23 2022-02-08
JOHNSON & JOHNSON P 2020-06-09 2021-01-07
JOHNSON & JOHNSON P 2020-06-09 2021-08-23
JP MORGAN CHASE P 2020-04-29 2021-03-17
JP MORGAN CHASE P 2020-04-29 2021-03-17
JP MORGAN CHASE P 2020-05-01 2021-03-23
KIMBERLY CLARK CORP P 2021-01-27 2021-04-27
KIMBERLY CLARK CORP P 2021-01-27 2021-04-27
KIMBERLY CLARK CORP P 2021-01-27 2021-04-27
KIMBERLY CLARK CORP P 2021-04-07 2021-04-27
KIMBERLY CLARK CORP P 2021-04-07 2021-04-27
KIMBERLY CLARK CORP P 2021-04-13 2021-04-27
KIMBERLY CLARK CORP P 2021-04-20 2021-04-27
KIMBERLY CLARK CORP P 2021-04-20 2021-05-04
MERCK & CO INC P 2020-04-28 2021-09-01
ORGANON & CO P 2021-06-08 2021-06-08
METLIFE P 2020-05-13 2021-03-17
METLIFE P 2020-05-13 2021-03-17
METLIFE P 2020-05-13 2021-03-23
METLIFE P 2020-06-09 2021-03-26
METLIFE P 2020-06-09 2021-03-26
METLIFE P 2020-06-09 2021-03-26
METLIFE P 2020-06-09 2021-03-26
METLIFE P 2020-06-09 2021-08-04
METLIFE P 2020-06-09 2021-08-04
METLIFE P 2020-12-24 2021-08-04
METLIFE P 2021-02-10 2021-11-23
METLIFE P 2021-02-24 2021-11-23
METLIFE P 2021-04-27 2021-12-08
MICRON TECHNOLOGY INC P 2022-01-05 2022-01-24
MICRON TECHNOLOGY INC P 2022-01-05 2022-01-26
MICROSOFT CORP P 2020-09-09 2021-05-12
MICROSOFT CORP P 2020-09-09 2021-05-12
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-04-29 2021-03-17
MORGAN STANLEY P 2020-05-01 2021-03-23
MORGAN STANLEY P 2020-05-01 2021-03-23
MORGAN STANLEY P 2020-05-01 2021-03-23
MORGAN STANLEY P 2020-05-01 2021-03-23
MORGAN STANLEY P 2020-07-09 2021-03-26
MORGAN STANLEY P 2020-07-20 2021-10-22
MORGAN STANLEY P 2020-07-20 2021-12-08
MORGAN STANLEY P 2020-07-20 2021-12-08
PFIZER P 2020-12-10 2021-08-26
PFIZER P 2021-04-05 2021-08-27
PFIZER P 2021-08-13 2021-09-14
PFIZER P 2021-08-13 2021-09-15
PFIZER P 2021-08-13 2021-09-17
PROCTOR & GAMBLE CO P 2021-02-10 2021-04-28
PROCTOR & GAMBLE CO P 2021-02-10 2021-04-28
VERIZON COMM P 2020-06-09 2021-03-10
VERIZON COMM P 2020-06-18 2021-06-09
VERIZON COMM P 2020-09-04 2021-06-09
VERIZON COMM P 2021-03-24 2021-06-15
VERIZON COMM P 2021-04-01 2021-08-13
VERIZON COMM P 2021-04-01 2021-08-26
VERIZON COMM P 2021-05-12 2021-11-10
VERIZON COMM P 2021-05-12 2021-11-10
WASHINGTON TRUST BANCORP P 2018-06-04 2021-07-13
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-13
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-27
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-27
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-27
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-27
WASHINGTON TRUST BANCORP P 2020-05-01 2021-07-27
WASHINGTON TRUST BANCORP P 2020-06-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-06-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-06-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-06-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-08-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-08-18 2021-07-27
WASHINGTON TRUST BANCORP P 2020-10-28 2021-07-27
WASHINGTON TRUST BANCORP P 2020-11-04 2021-07-28
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 323,544   239,998 83,546
b 331,875   241,594 90,281
c 148,628   120,640 27,988
d 148,628   120,300 28,328
e 492,163   604,060 -111,897
123,041   151,015 -27,974
11,813   15,102 -3,289
67,177   85,777 -18,600
275,781   352,167 -76,386
236,519   302,030 -65,511
11,826   9,612 2,214
460,705   374,880 85,825
118,129   96,796 21,333
24,276   19,359 4,917
279,149   222,631 56,518
64,140   48,398 15,742
256,558   225,765 30,793
172,717   173,856 -1,139
135,706   136,846 -1,140
375,548   311,013 64,535
14,490   12,441 2,049
43,470   37,322 6,148
86,940   75,438 11,502
74,030   62,913 11,117
186,649   130,100 56,549
188,949   129,135 59,814
188,949   162,500 26,449
11,535   11,757 -222
21,763   22,179 -416
30,798   31,390 -592
128,153   130,620 -2,467
488,397   430,550 57,847
44,494   36,920 7,574
66,741   55,379 11,362
22,469   20,527 1,942
88,781   81,093 7,688
111,254   114,917 -3,663
106,436   114,917 -8,481
106,436   107,255 -819
2,127   2,145 -18
15,955   16,088 -133
21,268   21,451 -183
31,911   32,177 -266
35,104   35,394 -290
7,446   8,780 -1,334
42,534   50,174 -7,640
53,172   62,718 -9,546
109,514   129,198 -19,684
14,435   18,074 -3,639
18,353   22,981 -4,628
41,242   51,644 -10,402
132,181   165,506 -33,325
122,099   106,075 16,024
122,099   132,234 -10,135
390,448   400,350 -9,902
117,474   137,050 -19,576
226,844   125,124 101,720
563,347   312,809 250,538
110,254   62,562 47,692
220,509   111,330 109,179
220,509   110,451 110,058
221   136 85
13,245   8,172 5,073
57,395   35,414 21,981
66,439   40,998 25,441
83,428   51,486 31,942
182,475   187,563 -5,088
76,379   75,025 1,354
30,068   30,010 58
82,681   82,528 153
173,594   90,693 82,901
173,594   90,475 83,119
966,895   497,500 469,395
586,782   313,733 273,049
177,659   104,578 73,081
177,659   104,578 73,081
173,716   187,195 -13,479
173,681   187,198 -13,517
172,479   181,500 -9,021
172,479   181,500 -9,021
36,217   36,300 -83
72,434   72,600 -166
72,434   72,603 -169
204   189 15
3,056   2,840 216
20,171   18,748 1,423
61,125   55,793 5,332
129,177   120,029 9,148
295,640   274,660 20,980
524,897   406,175 118,722
524,897   364,625 160,272
336,148   219,000 117,148
16,054   10,220 5,834
66,974   42,632 24,342
114,660   73,000 41,660
252,262   160,600 91,662
352,692   224,548 128,144
51,867   50,186 1,681
259,336   256,037 3,299
207,469   112,273 95,196
207,219   112,273 94,946
103,489   56,136 47,353
51,745   28,068 23,677
155,234   157,928 -2,694
103,489   112,056 -8,567
51,745   56,028 -4,283
51,745   56,028 -4,283
322,318   336,167 -13,849
239,298   246,975 -7,677
236,693   221,535 15,158
178,020   147,690 30,330
133,566   81,808 51,758
253,357   155,188 98,169
383,710   247,596 136,114
14,777   15,187 -410
28,107   28,883 -776
89,039   91,530 -2,491
26,909   28,329 -1,420
170,954   179,937 -8,983
131,909   137,500 -5,591
65,955   69,830 -3,875
132,589   139,660 -7,071
190,749   195,229 -4,480
17,058   17,250 -192
123,153   256,975 -133,822
177,367   100,659 76,708
306,170   170,550 135,620
5,931   4,102 1,829
59,310   41,030 18,280
171,998   119,016 52,982
59,310   41,050 18,260
110,152   77,051 33,101
183,281   128,199 55,082
290,398   227,700 62,698
153,337   133,175 20,162
153,337   143,613 9,724
301,348   314,800 -13,452
357,878   378,793 -20,915
80,209   94,698 -14,489
125,684   107,595 18,089
502,735   450,530 52,205
8,360   3,929 4,431
8,360   3,929 4,431
10,450   4,911 5,539
25,080   11,786 13,294
75,240   35,359 39,881
290,508   136,533 153,975
8,214   4,112 4,102
16,428   8,223 8,205
82,139   41,119 41,020
303,879   152,140 151,739
400,497   206,642 193,855
504,102   242,150 261,952
129,154   67,822 61,332
371,480   195,053 176,427
243,049   209,242 33,807
236,473   181,925 54,548
228,755   233,875 -5,120
223,473   233,643 -10,170
225,573   234,099 -8,526
95,316   93,117 2,199
235,182   229,740 5,442
284,048   290,039 -5,991
143,074   142,200 874
143,074   150,821 -7,747
286,303   281,050 5,253
139,249   145,875 -6,626
137,761   145,875 -8,114
36,340   41,799 -5,459
93,455   107,483 -14,028
51,100   186,637 -135,537
25,550   18,300 7,250
4,760   3,660 1,100
4,754   3,660 1,094
4,753   3,660 1,093
4,753   3,660 1,093
4,758   3,660 1,098
4,755   3,278 1,477
4,753   3,278 1,475
6,327   4,360 1,967
7,947   5,474 2,473
6,329   4,664 1,665
17,447   12,871 4,576
47,860   35,620 12,240
48,139   34,350 13,789
100,735     100,735
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       83,546
b       90,281
c       27,988
d       28,328
e       -111,897
      -27,974
      -3,289
      -18,600
      -76,386
      -65,511
      2,214
      85,825
      21,333
      4,917
      56,518
      15,742
      30,793
      -1,139
      -1,140
      64,535
      2,049
      6,148
      11,502
      11,117
      56,549
      59,814
      26,449
      -222
      -416
      -592
      -2,467
      57,847
      7,574
      11,362
      1,942
      7,688
      -3,663
      -8,481
      -819
      -18
      -133
      -183
      -266
      -290
      -1,334
      -7,640
      -9,546
      -19,684
      -3,639
      -4,628
      -10,402
      -33,325
      16,024
      -10,135
      -9,902
      -19,576
      101,720
      250,538
      47,692
      109,179
      110,058
      85
      5,073
      21,981
      25,441
      31,942
      -5,088
      1,354
      58
      153
      82,901
      83,119
      469,395
      273,049
      73,081
      73,081
      -13,479
      -13,517
      -9,021
      -9,021
      -83
      -166
      -169
      15
      216
      1,423
      5,332
      9,148
      20,980
      118,722
      160,272
      117,148
      5,834
      24,342
      41,660
      91,662
      128,144
      1,681
      3,299
      95,196
      94,946
      47,353
      23,677
      -2,694
      -8,567
      -4,283
      -4,283
      -13,849
      -7,677
      15,158
      30,330
      51,758
      98,169
      136,114
      -410
      -776
      -2,491
      -1,420
      -8,983
      -5,591
      -3,875
      -7,071
      -4,480
      -192
      -133,822
      76,708
      135,620
      1,829
      18,280
      52,982
      18,260
      33,101
      55,082
      62,698
      20,162
      9,724
      -13,452
      -20,915
      -14,489
      18,089
      52,205
      4,431
      4,431
      5,539
      13,294
      39,881
      153,975
      4,102
      8,205
      41,020
      151,739
      193,855
      261,952
      61,332
      176,427
      33,807
      54,548
      -5,120
      -10,170
      -8,526
      2,199
      5,442
      -5,991
      874
      -7,747
      5,253
      -6,626
      -8,114
      -5,459
      -14,028
      -135,537
      7,250
      1,100
      1,094
      1,093
      1,093
      1,098
      1,477
      1,475
      1,967
      2,473
      1,665
      4,576
      12,240
      13,789
      100,735
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 4,830,256
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 instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 74,165
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 74,165
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 80,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,057
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,778
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,778 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (212) 606-1777

    Located atbullet132 EAST 95TH STNEW YORKNY ZIP+4bullet10128
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    THOMAS P SCULCO MD PRES. AS NEEDED
    5.00
    0 0 0
    132 EAST 95TH STREET
    NEW YORK,NY10128
    CYNTHIA SCULCO SEC. AS NEEDED
    2.00
    0 0 0
    132 EAST 95TH STREET
    NEW YORK,NY10128
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    29,426,829
    b
    Average of monthly cash balances.......................
    1b
    1,026,777
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,453,606
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    30,453,606
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    456,804
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    29,996,802
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,499,840
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,499,840
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    74,165
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    74,165
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,425,675
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,425,675
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,425,675
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,425,675
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 762,951
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,188,519
    a Applied to 2020, but not more than line 2a 762,951
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 425,568
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    1,000,107
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    THOMAS P SCULCO MD
    CYNTHIA SCULCO
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THOMAS P SCULCO MD
    132 EAST 95TH STREET
    NEW YORK,NY10128
    (212) 606-1777
    bThe form in which applications should be submitted and information and materials they should include:
    LETTERS- PURPOSE OF ORGANIZATION- USE OF FUNDS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    DETAILS OF CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS AVAILABLE UPON REQUEST
    C/O CYNTHIA D SCULCO 132 EAST 95TH
    ST
    NEW YORK,NY10128
    NONE AVAIALBLE UPON REQUE GENERAL OPERATING BUDGET 1,087,325
    Total .................................bullet 3a 1,087,325
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 15,366  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 4,567,006  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 5,072,361 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,072,361
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1 AVAILABLE UPON REQUEST
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE THOMAS P AND CYNTHIA D SCULCO
    FOUNDATION
    Employer identification number

    13-3952927
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE THOMAS P AND CYNTHIA D SCULCO
    FOUNDATION
    Employer identification number
    13-3952927
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    THOMAS P SCULCO
    132 EAST 95TH STREET
     
    NEW YORK, NY10128

    $ 1,537,283


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE THOMAS P AND CYNTHIA D SCULCO
    FOUNDATION
    Employer identification number

    13-3952927
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    CORPORATE STOCKS $ 1,137,283 2021-12-31
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE THOMAS P AND CYNTHIA D SCULCO
    FOUNDATION
    Employer identification number

    13-3952927
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE THOMAS P AND CYNTHIA D SCULCO
     
    FOUNDATION
    EIN:
    13-3952927
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SECURITIES HELD AT ETRADE 26,458,313 28,871,145

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE THOMAS P AND CYNTHIA D SCULCO
     
    FOUNDATION
    EIN:
    13-3952927
    US Government Securities - End of Year Book Value:

    691,161
    US Government Securities - End of Year Fair Market Value:

    684,221
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 OtherExpensesSchedule
    Name:
    THE THOMAS P AND CYNTHIA D SCULCO
     
    FOUNDATION
    EIN:
    13-3952927
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE 750 0   750
    WORKERS COMP INSURANCE 544 0   544


    TY 2021 SubstantialContributorsSch
    Name:
    THE THOMAS P AND CYNTHIA D SCULCO
     
    FOUNDATION
    EIN:
    13-3952927
    Name Address
    THOMAS SCULCO 132 EAST 95TH STREET
    NEW YORK,NY10128
    CYNTHIA SCULCO 132 EAST 95TH STREET
    NEW YORK,NY10128


    TY 2021 TaxesSchedule
    Name:
    THE THOMAS P AND CYNTHIA D SCULCO
     
    FOUNDATION
    EIN:
    13-3952927
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 8,566 0   8,566
    EXCISE TAX PAID 27,482 0   0