TELESCOPE FUND: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TELESCOPE FUND (EIN 86-2577635)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-10
- IRS object ID
- 202313149349302361
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-10T10:13:30-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 SECOND STREET SUITE 900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 862577635 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TELESCOPE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TELE | BusinessNameControlTxt |
| Phone | 2029711471 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 CONNECTICUT AVENUE NW 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LESLIE PAYNE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2029711471 | PhoneNum |
| Signature | 2023-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LESLIE | PersonFirstNm |
| Person Last | PAYNE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL LUMSDEN | PreparerPersonNm |
| PTIN | P01262236 | PTIN |
| Phone | 4159561500 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LESLIE PAYNE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 CONNECTICUT AVENUE NW 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $30,475,057 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TELESCOPEFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2021 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | PARTNERING WITH DONORS TO EXPAND PHILANTHROPIC GIVING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $150,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $30,327,721 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $109,824 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $37,512 | CYOtherRevenueAmt |
| PY Total Revenue | $150,000 | PYTotalRevenueAmt |
| CY Total Revenue | $30,475,057 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $29,300,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,125 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,348 | PYOtherExpensesAmt |
| CY Other Expenses | $737,848 | CYOtherExpensesAmt |
| PY Total Expenses | $6,348 | PYTotalExpensesAmt |
| CY Total Expenses | $30,044,973 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $143,652 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $430,084 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $143,652 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,367,892 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,794,156 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $143,652 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $573,736 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TELESCOPE 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,502,336 | ExpenseAmt |
| Grant | $29,300,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | DURING THE 2022 TAX YEAR, THE ORGANIZATION MADE GENERAL AND PROJECT SUPPORT GRANTS TO ORGANIZATIONS SUPPORTING GLOBAL HEALTH, CONSERVATION, SOCIAL JUSTICE, ALLEVIATION OF POVERTY, SCIENTIFIC RESEARCH, DISASTER RECOVERY, EDUCATION, AND THE ARTS. | Desc |
| Total Program Service Expenses | $29,502,336 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARABELLA ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2025951020 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1828 L STREET NW SUITE 300 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| LESLIE PAYNE | |||||||
| PRESIDENT | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BEN MANGAN | |||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARLA BLOW | |||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RENEE EYMA | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DORI KREIGER | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANDREW SCHULZ | |||||||
| GENERAL COUNSEL | 1.00 | 40.00 | Yes (X) | $7,125 | $300,900 | $41,456 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,125 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $300,900 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $41,456 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARABELLA ADVISORS LLC | |||||
| 1828 L ST NW SUITE 300 | WASHINGTON | DC | 20036 | ADMIN. OPERATIONS AND SUPPORT SERVICES | $462,500 |
| HOUSE OF TIGERS INC | |||||
| 315 FLATBUSH AVE 399 | BROOKLYN | NY | 11217 | CONSULTING SERVICES | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $327,721 | RelatedOrganizationsAmt |
| All Other Contributions | $30,000,000 | AllOtherContributionsAmt |
| Total Contributions | $30,327,721 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $109,824 | TotalRevenueColumnAmt |
| Exclusion | $109,824 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $37,512 | TotalRevenueColumnAmt |
| Exclusion | $37,512 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $37,512 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,475,057 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $147,336 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,300,000 | TotalAmt |
| Program Services | $29,300,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,125 | TotalAmt |
| Management And General | $7,125 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500,000 | TotalAmt |
| Management And General | $500,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,307 | TotalAmt |
| Management And General | $12,307 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,000 | TotalAmt |
| Program Services | $200,000 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $762 | TotalAmt |
| Management And General | $762 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,529 | TotalAmt |
| Program Services | $343 | ProgramServicesAmt |
| Management And General | $1,186 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,993 | TotalAmt |
| Program Services | $1,993 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,257 | TotalAmt |
| Management And General | $21,257 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,044,973 | TotalAmt |
| Program Services | $29,502,336 | ProgramServicesAmt |
| Management And General | $542,637 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,784 | BOYAmt |
| EOY | $2,013,121 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,868 | BOYAmt |
| EOY | $27,050 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $327,721 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,652 | BOYAmt |
| EOY | $2,367,892 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $13,959 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,780,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $197 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,794,156 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,652 | BOYAmt |
| EOY | $573,736 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,652 | BOYAmt |
| EOY | $573,736 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,652 | BOYAmt |
| EOY | $2,367,892 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $430,084 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW VENTURE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205806345 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART IV, SECTION A, LINE 6: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PROVIDED GRANTS TO THE ORGANIZATIONS INDICATED IN SCHEDULE I, PART II, WHICH ARE ORGANIZATIONS OTHER THAN ITS SUPPORTED ORGANIZATION, NEW VENTURE FUND. SUCH GRANTS ARE FOR PURPOSES WHICH ARE CONSISTENT WITH THE MISSION AND PROGRAMS OF NEW VENTURE FUND, AND BUT FOR THE SUPPORT PROVIDED BY THE ORGANIZATION, WOULD HAVE BEEN CARRIED OUT BY NEW VENTURE FUND. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $30,044,973 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $30,044,973 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $1,270 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $1,001,270 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,501,905 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $318 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $250,318 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $375,477 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $30,087,056 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $29,300,000 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $85,075 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PLEDGE RECEIVABLE DUE FROM NEW VENTURE FUND | Desc |
| Book Value | $327,721 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $327,721 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO NEW VENTURE FUND | Desc |
| Amt | $197 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $197 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $30,475,057 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $30,475,057 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $30,475,057 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,044,973 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,044,973 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,044,973 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | TELESCOPE FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE IRC AS AN ORGANIZATION DESCRIED IN SECTION 501(C)(3). THE IRS RECOGNIZES TELESCOPE FUND AS A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) AND IS CONTROLLED BY NVF. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (52 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ACTIVATE 48 EDUCATION FUND | ||||||||
| 5716 N 19TH AVENUE | PHOENIX | AZ | 85015 | 871035546 | 501(C)(3) | $550,000 | $0 | GENERAL SUPPORT |
| ALABAMA FORWARD | ||||||||
| 3066 ZELDA ROAD | MONTGOMERY | AL | 36106 | 853077637 | 501(C)(3) | $1,150,000 | $0 | GENERAL SUPPORT |
| ALLIANCE FOR YOUTH ORGANIZING | ||||||||
| 915 5TH ST NW | WASHINGTON | DC | 20001 | 462465621 | 501(C)(3) | $1,250,000 | $0 | PROJECT SUPPORT |
| ARIZONA CENTER FOR EMPOWERMENT | ||||||||
| 5716 N 19TH AVENUE | PHOENIX | AZ | 85015 | 272366780 | 501(C)(3) | $550,000 | $0 | GENERAL SUPPORT |
| ASIAN AMERICANS ADVANCING JUSTICE ATLANTA | ||||||||
| 5680 OAKBROOK PARKWAY | NORCROSS | GA | 30093 | 272577567 | 501(C)(3) | $500,000 | $0 | GENERAL SUPPORT |
| ASIAN COMMUNITY DEVELOPMENT COUNCIL | ||||||||
| 1027 S RAINBOW BLVD | LAS VEGAS | NV | 89145 | 472438087 | 501(C)(3) | $250,000 | $0 | GENERAL SUPPORT |
| BLUEPRINT NORTH CAROLINA | ||||||||
| 3125 POPLARWOOD COURT | RALEIGH | NC | 27604 | 272459538 | 501(C)(3) | $1,150,000 | $0 | GENERAL SUPPORT |
| CENTER FOR CIVIC POLICY | ||||||||
| 625 SILVER AVE SW | ALBUQUERQUE | NM | 87125 | 010869701 | 501(C)(3) | $600,000 | $0 | GENERAL SUPPORT |
| CENTER FOR EMPOWERED POLITICS EDUCATION FUND | ||||||||
| 1042 GRANT AVE | SAN FRANCISCO | CA | 94133 | 843636499 | 501(C)(3) | $250,000 | $0 | PROJECT SUPPORT |
| DEMOCRACY NORTH CAROLINA | ||||||||
| 3000 AERIAL CENTER PARKWAY | MORRISVILLE | NC | 27560 | 562271150 | 501(C)(3) | $550,000 | $0 | GENERAL SUPPORT |
| FAITH IN FLORIDA | ||||||||
| 406 E AMELIA ST | ORLANDO | FL | 32803 | 593151613 | 501(C)(3) | $650,000 | $0 | GENERAL SUPPORT |
| FLORIDA RIGHTS RESTORATION COALITION INC | ||||||||
| 4081 LB MCLEOD RD | ORLANDO | FL | 32811 | 300714793 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| FORWARD JUSTICE | ||||||||
| ONE COPLEY PARKWAY | MORRISVILLE | NC | 27560 | 812450800 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| FOUNDATION FOR THE MID SOUTH | ||||||||
| 134 E AMITE ST | JACKSON | MS | 39201 | 721151070 | 501(C)(3) | $750,000 | $0 | PROJECT SUPPORT |
| FREEDOM INC | ||||||||
| 2110 LUANN LANE | MADISON | WI | 53713 | 432023570 | 501(C)(3) | $430,000 | $0 | GENERAL SUPPORT |
| GALEO LATINO COMMUNITY DEVELOPMENT FUND | ||||||||
| PO BOX 29506 | ATLANTA | GA | 30359 | 201565775 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| GEORGIA LATINO ALLIANCE FOR HUMAN RIGHTS | ||||||||
| 7 DUNWOODY PARK | ATLANTA | GA | 30338 | 760809155 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| INSTITUTO LAB | ||||||||
| 221 E INDIANOLA AVE | PHOENIX | AZ | 85012 | 832887275 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| ISAIAH | ||||||||
| 2356 UNIVERSITY AVE W | SAINT PAUL | MN | 55114 | 411957358 | 501(C)(3) | $450,000 | $0 | GENERAL SUPPORT |
| LAW FORWARD INC | ||||||||
| 222 W WASHINGTON AVE | MADISON | WI | 53703 | 842803392 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| MAKE THE ROAD STATES INC | ||||||||
| 301 GROVE ST | BROOKLYN | NY | 11237 | 843988830 | 501(C)(3) | $350,000 | $0 | GENERAL SUPPORT |
| MISSISSIPPI VOTES | ||||||||
| 510 GEORGE STREET | JACKSON | MS | 39202 | 821014316 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| MOTHERING JUSTICE | ||||||||
| PO BOX 21728 | DETROIT | MI | 48221 | 453740989 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| NAEVA | ||||||||
| 7906 MENAUL BLVD NE | ALBUQUERQUE | NM | 87110 | 271866733 | 501(C)(3) | $250,000 | $0 | GENERAL SUPPORT |
| NC A PHILIP RANDOLPH INSTITUTE INC | ||||||||
| 1408 HILLSBOROUGH ST | RALEIGH | NC | 27605 | 561500282 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| NEO PHILANTHROPY INC | ||||||||
| 45 W 36TH ST | NEW YORK | NY | 10018 | 133191113 | 501(C)(3) | $1,050,000 | $0 | PROJECT SUPPORT |
| NEW FLORIDA MAJORITY EDUCATION FUND | ||||||||
| 10800 BISCAYNE BLVD | MIAMI | FL | 33161 | 453956785 | 501(C)(3) | $1,265,000 | $0 | PROJECT SUPPORT |
| NEW GEORGIA PROJECT | ||||||||
| 830 GLENWOOD AVENUE SE | ATLANTA | GA | 30316 | 821348307 | 501(C)(3) | $850,000 | $0 | GENERAL SUPPORT |
| NEW VIRGINIA MAJORITY EDUCATION FUND | ||||||||
| 3801 MOUNT VERNON AVE | ALEXANDRIA | VA | 22305 | 271705920 | 501(C)(3) | $350,000 | $0 | GENERAL SUPPORT |
| NM COMUNIDADES EN ACCION Y DE FE | ||||||||
| 420 W GRIGGS AVE | LAS CRUCES | NM | 88005 | 273310051 | 501(C)(3) | $225,000 | $0 | GENERAL SUPPORT |
| NORTH CAROLINA ASIAN AMERICANS TOGETHER | ||||||||
| 711 HILLSBOROUGH ST | RALEIGH | NC | 27603 | 813125435 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| NORTH CAROLINA BLACK ALLIANCE | ||||||||
| PO BOX 27886 | RALEIGH | NC | 27611 | 562210571 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| OHIO ORGANIZING COLLABORATIVE | ||||||||
| 25 E BOARDMAN ST | YOUNGSTOWN | OH | 44503 | 261601472 | 501(C)(3) | $800,000 | $0 | GENERAL SUPPORT |
| OLE EDUCATION FUND | ||||||||
| 411 BELLAMAH AVE NW | ALBUQUERQUE | NM | 87102 | 271275857 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| ONE ARIZONA | ||||||||
| 530 E MCDOWELL ROAD | PHOENIX | AZ | 85004 | 371782220 | 501(C)(3) | $1,700,000 | $0 | PROJECT SUPPORT |
| ONE VOICE | ||||||||
| 1072 JR LYNCH ST | JACKSON | MS | 39203 | 020787550 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| PENNSYLVANIA VOICE | ||||||||
| 123 S BROAD STREET | PHILADELPHIA | PA | 19109 | 811141448 | 501(C)(3) | $600,000 | $0 | GENERAL SUPPORT |
| POWER COALITION FOR EQUITY AND JUSTICE | ||||||||
| 4930 WASHINGTON AVE | NEW ORLEANS | LA | 70125 | 832511340 | 501(C)(3) | $80,000 | $0 | GENERAL SUPPORT |
| PROGEORGIA STATE TABLE INC | ||||||||
| 151 ELLIS ST NE | ATLANTA | GA | 30303 | 461064042 | 501(C)(3) | $1,200,000 | $0 | GENERAL SUPPORT |
| PROGRESSIVE LEADERSHIP ALLIANCE OF NEVADA | ||||||||
| 2330 PASEO DEL PRADO | LAS VEGAS | NV | 89102 | 880318655 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| PROMOTE THE VOTE FUND | ||||||||
| 5859 W SAGINAW HWY | LANSING | MI | 48917 | 854202848 | 501(C)(3) | $600,000 | $0 | GENERAL SUPPORT |
| PUBLIC ALLIES | ||||||||
| 4930 WASHINGTON AVENUE | NEW ORLEANS | LA | 70125 | 521759564 | 501(C)(3) | $300,000 | $0 | PROJECT SUPPORT |
| STATE VOICES | ||||||||
| 1616 P ST NW | WASHINGTON | DC | 20036 | 201115618 | 501(C)(3) | $350,000 | $0 | PROJECT SUPPORT |
| TAKEACTION MINNESOTA EDUCATION FUND | ||||||||
| 705 RAYMOND AVE | ST PAUL | MN | 55114 | 411635130 | 501(C)(3) | $350,000 | $0 | GENERAL SUPPORT |
| TEXAS FREEDOM NETWORK EDUCATION FUND | ||||||||
| 608 W 22ND ST | AUSTIN | TX | 78705 | 742788317 | 501(C)(3) | $1,050,000 | $0 | PROJECT SUPPORT |
| TEXAS ORGANIZING PROJECT EDUCATION FUND | ||||||||
| PO BOX 120296 | SAN ANTONIO | TX | 78212 | 271481855 | 501(C)(3) | $500,000 | $0 | GENERAL SUPPORT |
| TIDES CENTER | ||||||||
| 1012 TORNEY AVE | SAN FRANCISCO | CA | 94129 | 943213100 | 501(C)(3) | $1,650,000 | $0 | PROJECT SUPPORT |
| VOCES DE LA FRONTERA | ||||||||
| 1027 S 5TH ST | MILWAUKEE | WI | 53204 | 392010107 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| VOICE OF THE EXPERIENCED | ||||||||
| 4930 WASHINGTON AVE | NEW ORLEANS | LA | 70125 | 161695266 | 501(C)(3) | $450,000 | $0 | GENERAL SUPPORT |
| WE ARE DOWN HOME | ||||||||
| PO BOX 10671 | GREENSBORO | NC | 27404 | 831247155 | 501(C)(3) | $400,000 | $0 | GENERAL SUPPORT |
| WE THE PEOPLE MI | ||||||||
| 440 BURROUGHS STREET | DETROIT | MI | 48202 | 843520391 | 501(C)(3) | $350,000 | $0 | GENERAL SUPPORT |
| WOMEN WITH A VISION INC | ||||||||
| 2030 ORETHA CASTLE HALEY BLVD | NEW ORLEANS | LA | 70130 | 721202185 | 501(C)(3) | $300,000 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 52 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FOR 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 J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW SCHULZ | PersonNm |
| Title | GENERAL COUNSEL | TitleTxt |
| Base Compensation Filing Org | $7,125 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $300,000 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $900 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $18,054 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $23,402 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $7,125 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $342,356 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | ARABELLA 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 6 | TELESCOPE FUND HAS ONE SOLE MEMBER: NEW VENTURE FUND, WHICH IS THE SUPPORTED ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | NEW 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 11B | UPON 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 12C | ALL 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 15 | THE ORGANIZATION DID NOT COMPENSATE A TOP MANAGEMENT OFFICIAL, OFFICER, OR KEY EMPLOYEE DURING 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | CURRENTLY, 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/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NEW VENTURE FUND | |||||||||||
| 1828 L STREET NW SUITE 300-A | WASHINGTON | DC | 20036 | 205806345 | TO SUPPORT INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTS | DC | 501(C)(3) | LINE 7 | N/A | 0 | |
| POSTSECONDARY NATIONAL POLICY INSTITUTE | |||||||||||
| 1828 L STREET NW SUITE 300-E | WASHINGTON | DC | 20036 | 474374655 | PROFESSIONAL DEVELOPMENT FOR POLICYMAKERS WORKING ON HIGHER EDUCATION ISSUES | DC | 501(C)(3) | LINE 12A, I | 0 | NEW VENTURE FUND | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |