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TELESCOPE FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TELESCOPE FUND (EIN 86-2577635)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202433169349305813
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-11T16:16:38-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 SECOND STREET SUITE 900AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN862577635EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TELESCOPE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTELEBusinessNameControlTxt
Phone2029711471PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11050 CONNECTICUT AVENUE NW 500AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLESLIE PAYNEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2029711471PhoneNum
Signature2024-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL LUMSDENPreparerPersonNm
PTINP01262236PTIN
Phone4159561500PhoneNum
Preparation2024-11-06PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLESLIE PAYNEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11050 CONNECTICUT AVENUE NW 500AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$99,946,254GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TELESCOPEFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionPARTNERING WITH DONORS TO EXPAND PHILANTHROPIC GIVING.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$30,327,721PYContributionsGrantsAmt
CY Contributions Grants$67,939,363CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$109,824PYInvestmentIncomeAmt
CY Investment Income$1,432,069CYInvestmentIncomeAmt
PY Other Revenue$37,512PYOtherRevenueAmt
CY Other Revenue$75,119CYOtherRevenueAmt
PY Total Revenue$30,475,057PYTotalRevenueAmt
CY Total Revenue$69,446,551CYTotalRevenueAmt
PY Grants And Similar Paid$29,300,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$35,590,849CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,125PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$737,848PYOtherExpensesAmt
CY Other Expenses$1,615,243CYOtherExpensesAmt
PY Total Expenses$30,044,973PYTotalExpensesAmt
CY Total Expenses$37,206,092CYTotalExpensesAmt
PY Revenues Less Expenses$430,084PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$32,240,459CYRevenuesLessExpensesAmt
Total Assets BOY$2,367,892TotalAssetsBOYAmt
Total Assets EOY$38,127,793TotalAssetsEOYAmt
Total Liabilities BOY$1,794,156TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,313,598TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$573,736NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$32,814,195NetAssetsOrFundBalancesEOYAmt
MissionTELESCOPE FUND PARTNERS WITH DONORS TO EXPAND THEIR PHILANTHROPIC GIVING BY PROVIDING THEM WITH THE TOOLS TO CATALYZE THEIR VISION FOR CHANGE AND SUPPORTING STRATEGIC GRANTMAKING, EFFICIENT OPERATIONS, EXPERT ADVISING, AND INNOVATIVE PROBLEM SOLVING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$36,101,094ExpenseAmt
Grant$35,590,849GrantAmt
Revenue$0RevenueAmt
DescTELESCOPE FUND MAKES GENERAL AND PROJECT GRANTS TO CHARITABLE ORGANIZATIONS SUPPORTING A WIDE RANGE OF ISSUES, SUCH AS GLOBAL HEALTH, CONSERVATION, SOCIAL JUSTICE, ALLEVIATION OF POVERTY, SCIENTIFIC RESEARCH, DISASTER RECOVERY, EDUCATION, AND THE ARTS.Desc
Total Program Service Expenses$36,101,094TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARABELLA ADVISORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2025951020PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11828 L STREET NW SUITE 300AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LESLIE PAYNE
PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
BEN MANGAN
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
MARLA BLOW
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
RENEE EYMA
DIRECTOR (THROUGH 3/2023)1.000.00Yes (X)$0$0$0
DORI KREIGER
DIRECTOR1.000.00Yes (X)$0$0$0
ANDREW SCHULZ
GENERAL COUNSEL1.001.00Yes (X)$0$11,830$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$11,830TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARABELLA ADVISORS LLC
1828 L ST NW SUITE 300WASHINGTONDC20036ADMIN. OPERATIONS AND SUPPORT SERVICES$693,750
JUSTICE IMPACT SOLUTIONS LLC
609 MYRTLE AVE STE ABROOKLYNNY112059996CONSULTING SERVICES$163,335
HOUSE OF TIGERS INC
315 FLATBUSH AVE 399BROOKLYNNY11217CONSULTING SERVICES$143,334
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
All Other Contributions$67,939,363AllOtherContributionsAmt
Noncash Contributions$30,499,703NoncashContributionsAmt
Total Contributions$67,939,363TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$867,235TotalRevenueColumnAmt
Exclusion$867,235ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$31,064,537SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$30,499,703SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$564,834SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$564,834TotalRevenueColumnAmt
Exclusion$564,834ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
GENERAL ADMIN RETAINER541900$75,000$75,000
MISCELLANEOUS REVENUE900099$119$119
FieldValueIRS element (for citing)
Other Revenue Total$75,119OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,446,551TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,507,188ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$35,590,849TotalAmt
Program Services$35,590,849ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,000,000TotalAmt
Management And General$1,000,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$45,883TotalAmt
Management And General$45,883ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,250TotalAmt
Management And General$10,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$495,000TotalAmt
Program Services$495,000ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,763TotalAmt
Program Services$6,733ProgramServicesAmt
Management And General$30ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$9,298TotalAmt
Management And General$9,298ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,728TotalAmt
Management And General$6,728ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,749TotalAmt
Program Services$6,749ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,763TotalAmt
Program Services$1,763ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$32,329TotalAmt
Management And General$32,329ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTAXESDesc
Total$480TotalAmt
Management And General$480ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$37,206,092TotalAmt
Program Services$36,101,094ProgramServicesAmt
Management And General$1,104,998ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,013,121BOYAmt
EOY$38,096,481EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,050BOYAmt
EOY$31,312EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$327,721BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,367,892BOYAmt
EOY$38,127,793EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,959BOYAmt
EOY$13,598EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,780,000BOYAmt
EOY$5,300,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$197BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,794,156BOYAmt
EOY$5,313,598EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$573,736BOYAmt
EOY$32,814,195EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$573,736BOYAmt
EOY$32,814,195EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,367,892BOYAmt
EOY$38,127,793EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$32,240,459ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$150,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,327,721CurrentTaxYearMinus1YearAmt
Current Tax Year$67,939,363CurrentTaxYearAmt
Total$98,417,084TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$150,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,327,721CurrentTaxYearMinus1YearAmt
Current Tax Year$67,939,363CurrentTaxYearAmt
Total$98,417,084TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$30,869,433SubstantialContributorsTotAmt
Public Support Total170$67,547,651PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$109,824CurrentTaxYearMinus1YearAmt
Current Tax Year$867,235CurrentTaxYearAmt
Total$977,059TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$37,512CurrentTaxYearMinus1YearAmt
Current Tax Year$75,119CurrentTaxYearAmt
Total$112,631TotalAmt
FieldValueIRS element (for citing)
Total Support$99,506,774TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:GENERAL ADMIN RETAINER - 2022 AMOUNT: $ 37,512. 2023 AMOUNT: $ 75,000. MISCELLANEOUS REVENUE - 2023 AMOUNT: $ 119.
SCHEDULE A, PART II:THE ORGANIZATION'S 2021 TAX YEAR WAS A SHORT TAX YEAR.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held3DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$69,368,374DonorAdvisedFundsContriAmt
Donor Advised Funds Grants$37,101,094DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$32,354,348DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$69,446,551TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$69,446,551RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$69,446,551TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$37,206,092TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$37,206,092ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$37,206,092TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTELESCOPE FUND IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(A) OF THE IRC AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE INTERNAL REVENUE SERVICE (IRS) RECOGNIZES TELESCOPE FUND'S STATUS AS A PUBLIC CHARITY ORGANIZATION. TELESCOPE FUND'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. TELESCOPE FUND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (80 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
ACTIVATE 48 EDUCATION FUND
5716 N 19TH AVENUEPHOENIXAZ85015871035546501(C)(3)$400,000$0GENERAL SUPPORT
ALABAMA FORWARD
3066 ZELDA ROAD PMB 231MONTGOMERYAL36106853077637501(C)(3)$650,000$0PROJECT SUPPORT
ALLIANCE FOR YOUTH ORGANIZING
915 5TH ST NWWASHINGTONDC20001462465621501(C)(3)$1,000,000$0PROJECT SUPPORT
AMALGAMATED CHARITABLE FOUNDATION INC
1825 K STREET NWWASHINGTONDC20006821517696501(C)(3)$700,000$0PROJECT SUPPORT
AMERICAN LOGISTICS AID NETWORK
PO BOX 1985AUBURNDALEFL33823260627264501(C)(3)$25,000$0PROJECT SUPPORT
ARIZONA CENTER FOR EMPOWERMENT
5716 N 19TH AVENUEPHOENIXAZ85015272366780501(C)(3)$350,000$0GENERAL SUPPORT
ASIAN AMERICANS ADVANCING JUSTICE ATLANTA
5680 OAKBROOK PARKWAY SUITE 148NORCROSSGA30093272577567501(C)(3)$700,000$0GENERAL SUPPORT
ASIAN COMMUNITY DEVELOPMENT COUNCIL
1027 S RAINBOW BLVD SUITE 253LAS VEGASNV89145472438087501(C)(3)$250,000$0GENERAL SUPPORT
BOMBERS PREMIER 2012 - DOOLIN
119 SOUTH STGREENCASTLEIN46135932668023501(C)(3)$6,000$0PROJECT SUPPORT
CAL RIPKEN SR FOUNDATION INC
1427 CLARKVIEW ROAD SUITE 100BALTIMOREMD21209522310500501(C)(3)$700,000$0PROJECT SUPPORT
CENTER FOR CIVIC POLICY
625 SILVER AVE SW SUITE 320ALBUQUERQUENM87102010869701501(C)(3)$975,000$0GENERAL SUPPORT
CENTER FOR EMPOWERED POLITICS EDUCATION FUND
1212 BROADWAY SUITE 700OAKLANDCA94612843636499501(C)(3)$250,000$0PROJECT SUPPORT
CHRIST'S GIFT ACADEMY
5523 HILLVIEW DRIVEBRENTWOODTN37027760769463501(C)(3)$7,000$0PROJECT SUPPORT
CITY OF LANCASTER
PO BOX 940LANCASTERTX75146756000580GOVERNMENT$15,000$0PROJECT SUPPORT
CORPSGIVING FOUNDATION
931 W 5TH AVEDENVERCO80204474283935501(C)(3)$60,000$0PROJECT SUPPORT
DEMOCRACY NORTH CAROLINA
3000 AERIAL CENTER PARKWAY 160MORRISVILLENC27560562271150501(C)(3)$400,000$0GENERAL SUPPORT
FAITH IN FLORIDA
406 E AMELIA STORLANDOFL32803593151613501(C)(3)$400,000$0GENERAL SUPPORT
FEED THE CHILDREN
333 N MERIDIAN AVEOKLAHOMA CITYOK73107736108657501(C)(3)$100,000$0PROJECT SUPPORT
FLORIDA RIGHTS RESTORATION COALITION INC
4081 LB MCLEOD RD SUITE CORLANDOFL32811300714793501(C)(3)$500,000$0GENERAL SUPPORT
FLORIDA RISING TOGETHER
10800 BISCAYNE BLVD SUITE 1050MIAMIFL33161453956785501(C)(3)$1,700,000$0PROJECT SUPPORT
FOOD RESEARCH AND ACTION CENTER
1200 18TH STREET NW SUITE 400WASHINGTONDC20036237200739501(C)(3)$41,500$0PROJECT SUPPORT
FORWARD JUSTICE
ONE COPLEY PARKWAY SUITE 302MORRISVILLENC27560812450800501(C)(3)$400,000$0GENERAL SUPPORT
FREEDOM INC
2110 LUANN LANEMADISONWI53713432023570501(C)(3)$400,000$0GENERAL SUPPORT
GEORGIA ALLIANCE EDUCATION FUND INC
PO BOX 170495ATLANTAGA30317474735442501(C)(3)$350,000$0GENERAL SUPPORT
GEORGIA LATINO ALLIANCE FOR HUMAN RIGHTS
7 DUNWOODY PARK SUITE 110ATLANTAGA30338760809155501(C)(3)$300,000$0GENERAL SUPPORT
GVNGORG
369 DOHENY DRIVE SUITE 250BEVERLEY HILLSCA90211812446261501(C)(3)$375,000$0PROJECT SUPPORT
HARRIET TUBMAN FREEDOM FIGHTERS CORP
5310 LENOX AVE SUITE 22JACKSONVILLEFL32205853303620501(C)(3)$25,000$0GENERAL SUPPORT
HEART OF LOS ANGELES YOUTH INC
2701 WILSHIRE BLVD SUITE 100LOS ANGELESCA90057954397418501(C)(3)$15,700$0PROJECT SUPPORT
IMAGINE NORTH CAROLINA FIRST
PO BOX 428RALEIGHNC27602464006055501(C)(3)$1,400,000$0GENERAL SUPPORT
ISAIAH
2356 UNIVERSITY AVE W SUITE 405SAINT PAULMN55114411957358501(C)(3)$800,000$0GENERAL SUPPORT
JACKSONVILLE COMMUNITY ACTION COMMITTEE
9374 SCAUP WAYJACKSONVILLEFL32218851616346501(C)(3)$25,000$0GENERAL SUPPORT
KEEP AMERICA BEAUTIFUL INC
1010 WASHINGTON BLVDSTAMFORDCT06901131761633501(C)(3)$25,000$0PROJECT SUPPORT
KEEP JACKSON BEAUTIFUL
510 GEORGE STREET SUITE 402JACKSONMS39202640414521501(C)(3)$100,000$0PROJECT SUPPORT
LAW FORWARD INC
222 W WASHINGTON AVE SUITE 250MADISONWI53703842803392501(C)(3)$500,000$0GENERAL SUPPORT
LEGACY GLOBAL FOUNDATION
4435 E HOLMES AVE STE 200MESAAZ85206371440662501(C)(3)$45,000$0PROJECT SUPPORT
LOUISIANA RECYCLING COALITION
PO BOX 5003BATON ROUGELA70821861461456501(C)(3)$30,000$0PROJECT SUPPORT
MAKE THE ROAD STATES INC
301 GROVE STBROOKLYNNY11237843988830501(C)(3)$350,000$0GENERAL SUPPORT
MICHIGAN VOICES
2727 2ND AVE SUITE 109DETROITMI48201830612165501(C)(3)$280,000$0GENERAL SUPPORT
MISSISSIPPI VOTES
510 GEORGE STREET SUITE 308JACKSONMS39202821014316501(C)(3)$600,000$0GENERAL SUPPORT
MUSIC WILL
PO BOX 43369MONTCLAIRNJ07043943396568501(C)(3)$750,000$0PROJECT SUPPORT
NAEVA
7906 MENAUL BLVD NEALBUQUERQUENM87110271866733501(C)(3)$400,000$0GENERAL SUPPORT
NEO PHILANTHROPY INC
45 W 36TH ST 6TH FLOORNEW YORKNY10018133191113501(C)(3)$900,000$0PROJECT SUPPORT
NEW GEORGIA PROJECT INC
830 GLENWOOD AVENUE SE SUITE 510 -ATLANTAGA30316821348307501(C)(3)$400,000$0GENERAL SUPPORT221
NEW PA PROJECT EDUCATION FUND
PO BOX 453WEST CHESTERPA19381871276119501(C)(3)$50,000$0GENERAL SUPPORT
NEW VENTURE FUND
1828 L ST NW SUITE 300WASHINGTONDC20036205806345501(C)(3)$884,000$0PROJECT SUPPORT
NM COMUNIDADES EN ACCION Y DE FE
420 W GRIGGS AVELAS CRUCESNM88005273310051501(C)(3)$350,000$0GENERAL SUPPORT
NORTH CAROLINA ASIAN AMERICANS TOGETHER
711 HILLSBOROUGH ST SUITE 102RALEIGHNC27603813125435501(C)(3)$350,000$0GENERAL SUPPORT
NORTH CAROLINA BLACK ALLIANCE
PO BOX 27886RALEIGHNC27611562210571501(C)(3)$350,000$0GENERAL SUPPORT
OHIO ORGANIZING COLLABORATIVE
25 E BOARDMAN ST SUITE 428YOUNGSTOWNOH44503261601472501(C)(3)$1,350,000$0PROJECT SUPPORT
OHIO VOICE
PO BOX 428COLUMBUSOH43216823381404501(C)(3)$250,000$0GENERAL SUPPORT
OLE EDUCATION FUND
411 BELLAMAH AVE NWALBUQUERQUENM87102271275857501(C)(3)$550,000$0GENERAL SUPPORT
OMEGA INSTITUTE FOR HOLISTIC STUDIES INC
150 LAKE DRIVERHINEBECKNY12572237233306501(C)(3)$10,000$0PROJECT SUPPORT
ONE ARIZONA
530 E MCDOWELL ROAD SUITE 107448PHOENIXAZ85004371782220501(C)(3)$2,470,000$0PROJECT SUPPORT
ONE VOICE
1072 JR LYNCH ST SUITE 7JACKSONMS39203020787550501(C)(3)$250,000$0GENERAL SUPPORT
PENNSYLVANIA VOICE
123 S BROAD STREET SUITE 630PHILADELPHIAPA19109811141448501(C)(3)$1,400,000$0GENERAL SUPPORT
POWER COALITION FOR EQUITY AND JUSTICE
4930 WASHINGTON AVENEW ORLEANSLA70125832511340501(C)(3)$500,000$0GENERAL SUPPORT
PREECLAMPSIA FOUNDATION INC
3840 W EAU GALLIE BLVD SUITE 104MELBOURNEFL32934912073087501(C)(3)$20,000$0PROJECT SUPPORT
PROGEORGIA STATE TABLE INC
151 ELLIS ST NE 2ND FLOORATLANTAGA30303461064042501(C)(3)$800,000$0GENERAL SUPPORT
PROGRESS FLORIDA EDUCATION INSTITUTE INC
200 2ND AVE SOUTH SUITE 808SAINT PETERSBURGFL33701454469756501(C)(3)$50,000$0GENERAL SUPPORT
PROGRESSIVE LEADERSHIP ALLIANCE OF NEVADA
2330 PASEO DEL PRADO SUITE C109LAS VEGASNV89102880318655501(C)(3)$500,000$0GENERAL SUPPORT
PROMOTE THE VOTE FUND
5859 W SAGINAW HWY SUITE 312LANSINGMI48917854202848501(C)(3)$500,000$0GENERAL SUPPORT
SCHOLARSHIP AMERICA INC
7900 INTERNATIONAL DRIVE SUITE 500MINNEAPOLISMN55425042296967501(C)(3)$350,000$0GENERAL SUPPORT
SKILLPOINTE FOUNDATION INC
PO BOX 500385ATLANTAGA31150851384690501(C)(3)$57,500$0PROJECT SUPPORT
SOCIAL GOOD FUND
12651 SAN PABLO AVE UNIT 5473RICHMONDCA94805461323531501(C)(3)$10,000$0PROJECT SUPPORT
STATE VOICES
1616 P ST NW SUITE 220WASHINGTONDC20036201115618501(C)(3)$500,000$0PROJECT SUPPORT
SUSTAINABLE CLAREMONT
PO BOX 1502CLAREMONTCA91711264669727501(C)(3)$50,000$0PROJECT SUPPORT
TAKEACTION MINNESOTA EDUCATION FUND
705 RAYMOND AVE SUITE 100ST PAULMN55114411635130501(C)(3)$350,000$0GENERAL SUPPORT
TEXAS FREEDOM NETWORK EDUCATION FUND
608 W 22ND STAUSTINTX78705742788317501(C)(3)$1,050,000$0GENERAL SUPPORT
TEXAS ORGANIZING PROJECT EDUCATION FUND
PO BOX 120296SAN ANTONIOTX78212271481855501(C)(3)$600,000$0GENERAL SUPPORT
THE RECYCLING PARTNERSHIP INC
20 F STWASHINGTONDC20001371622018501(C)(3)$25,000$0PROJECT SUPPORT
TIDES CENTER
1012 TORNEY AVESAN FRANCISCOCA94129943213100501(C)(3)$900,000$0PROJECT SUPPORT
TIDES FOUNDATION
1014 TORNEY AVESAN FRANCISCOCA94129510198509501(C)(3)$50,000$0GENERAL SUPPORT
VIRGINIA NEW MAJORITY EDUCATION FUND
3801 MOUNT VERNON AVEALEXANDRIAVA22305271705920501(C)(3)$300,000$0GENERAL SUPPORT
VOCES DE LA FRONTERA
1027 S 5TH STMILWAUKEEWI53204392010107501(C)(3)$400,000$0GENERAL SUPPORT
VOTE
4930 WASHINGTON AVE SUITE DNEW ORLEANSLA70125161695266501(C)(3)$350,000$0GENERAL SUPPORT
VOLUNTEERS OF AMERICA INC
1660 DUKE STREETALEXANDRIAVA22314131692595501(C)(3)$250,000$0PROJECT SUPPORT
WE ARE DOWN HOME
PO BOX 10671GREENSBORONC27404831247155501(C)(3)$650,000$0GENERAL SUPPORT
WE THE PEOPLE MI
440 BURROUGHS STREET UNIT 174DETROITMI48202843520391501(C)(3)$1,025,000$0GENERAL SUPPORT
WOMEN WITH A VISION INC
2030 ORETHA CASTLE HALEY BLVDNEW ORLEANSLA70130721202185501(C)(3)$300,000$0GENERAL SUPPORT
YOUTH WORLD
PO BOX 210858DALLASTX75211810648216501(C)(3)$15,000$0PROJECT SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org80Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR MOST GRANTS, TELESCOPE REQUIRES THAT ORGANIZATIONS RECEIVING FUNDS SUBMIT A PROPOSAL AND PROVIDE POST-GRANT REPORTS. THE ORGANIZATION CONDUCTS A PRE-GRANT INQUIRY TO EVALUATE THE GRANTEE. GRANTS ARE SUBJECT TO WRITTEN GRANT AGREEMENTS THAT IMPOSE REPORTING OBLIGATIONS, REQUIRE FUNDS BE USED SOLELY AS SPECIFIED IN THE PROPOSAL, AND REQUIRE THAT FUNDS BE RETURNED IF NOT SPENT APPROPRIATELY OR IF REPORTS AREN'T FILED AS REQUIRED. ALL GRANTS MUST BE USED FOR EXCLUSIVELY CHARITABLE PURPOSES AND MAY NOT BE USED FOR POLITICAL ACTIVITY, SUCH AS CONTRIBUTING TO A POLITICAL CANDIDATE OR COORDINATING WITH A CANDIDATE'S CAMPAIGN.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$30,499,703NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED, DEFINED AS EACH SEPARATE GIFT, IN SCHEDULE M, PART I, COLUMN (B).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ARABELLA ADVISORS, A NATIONWIDE CONSULTING FIRM WITH EXPERTISE IN PHILANTHROPY AND NONPROFIT ORGANIZATION MANAGEMENT, PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES TO TELESCOPE FUND. ARABELLA ADVISORS ENSURES THAT TELESCOPE FUND COMPLIES WITH FEDERAL, STATE, AND LOCAL REGULATIONS, AND PROVIDES OTHER ADMINISTRATIVE FUNCTIONS FOR TELESCOPE FUND, INCLUDING HR, PAYROLL, AND COMPLIANCE SUPPORT SERVICES SO THAT TELESCOPE CAN FOCUS ENTIRELY ON THEIR PHILANTHROPIC AND CHARITABLE GOALS.
FORM 990, PART VI, SECTION A, LINE 4THE ARTICLES OF INCORPORATION AND BYLAWS WERE AMENDED TO UPDATE THE PURPOSE OF THE ORGANIZATION. PREVIOUSLY, TELESCOPE FUND WAS ORGANIZED AS A TYPE I SUPPORTING ORGANIZATION OF NEW VENTURE FUND, AN ORGANIZTION DESCRIBED IN SECTION 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE; THE ARTICLES OF INCORPORATION AND BYLAWS BOTH INCLUDED LANGUAGE (CONSISTENT WITH THE REQUIREMENTS OF TYPE I SUPPORTING ORGANIZATIONS) INDICATING TELESCOPE FUND WAS "...ORGANIZED, AND AT ALL TIMES HEREAFTER SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NEW VENTURE FUND." THE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS OF TELESCOPE FUND REMOVES THE LANGUAGE INDICATING TELESCOPE FUND IS A SUPPORTING ORGANIZATION OF NEW VENTURE FUND, AS TELESCOPE FUND INTENDS TO OPERATE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION A, LINE 6TELESCOPE FUND DOES NOT HAVE "MEMBERS" BY DEFINITION OF THE BYLAWS; HOWEVER, THE FORM 990 INSTRUCTIONS FURTHER DEFINES A "MEMBER" AS ANY PERSON (INCLUDING A CORPORATION OR OTHER LEGAL ENTITY) WHO HAS THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY. ACCORDINGLY, TELESCOPE FUND HAS ONE MEMBER WITH THE POWER TO ELECT MEMBERS OF THE BOARD OF DIRECTORS: NEW VENTURE FUND.
FORM 990, PART VI, SECTION A, LINE 7ANEW VENTURE FUND HAS THE POWER TO APPOINT AT LEAST A MAJORITY OF TELESCOPE FUND'S BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BUPON RECEIPT OF THE COMPLETED FORM 990 FROM TELESCOPE FUND'S INDEPENDENT TAX ACCOUNTANT, THE ORGANIZATION'S MANAGEMENT AND LEGAL COUNSEL REVIEWS A DRAFT OF THE FORM; ADJUSTMENTS ARE MADE, AS NECESSARY. TELESCOPE FUND THEN SENDS THE COMPLETED FORM 990 TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT AND, UPON ADDRESSING ALL COMMENTS, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CALL PERSONS COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY (WHICH INCLUDE ALL DIRECTORS AND OFFICERS) ARE REQUIRED TO DECLARE CONFLICTS OF INTEREST ANNUALLY. COVERED INDIVIDUALS CANNOT VOTE ON MATTERS BEFORE THE BOARD WHEN THEY HAVE A CONFLICT IN THE MATTER. DISINTERESTED MEMBERS MUST DETERMINE WHETHER OR NOT THERE ARE ANY SUITABLE ALTERNATIVES TO POTENTIAL TRANSACTIONS THAT CAUSE CONFLICT. IF A COVERED PERSON IS FOUND TO BE IN VIOLATION OF THIS POLICY, IT MAY BE CAUSE FOR REMOVAL FROM THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION DID NOT COMPENSATE A TOP MANAGEMENT OFFICIAL, OFFICER, OR KEY EMPLOYEE DURING 2023.
FORM 990, PART VI, SECTION C, LINE 19CURRENTLY, TELESCOPE FUND DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, EXCEPT TO THE EXTENT INCLUDED IN THE APPLICATION FOR EXEMPT STATUS, WHICH IS PUBLICLY AVAILABLE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
NEW VENTURE FUND
1828 L STREET NW SUITE 300-AWASHINGTONDC20036205806345TO SUPPORT INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTSDC501(C)(3)LINE 7N/A0
POSTSECONDARY NATIONAL POLICY INSTITUTE
1828 L STREET NW SUITE 300-EWASHINGTONDC20036474374655PROFESSIONAL DEVELOPMENT FOR POLICYMAKERS WORKING ON HIGHER EDUCATION ISSUESDC501(C)(3)LINE 12A, I0NEW VENTURE FUND
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd