2016-08-15T06:33:13-05:00 2015-12-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2015-01-01 522077863 Telecommunications Development Fund Inc % THE ORGANIZATION TELE 2404834286 1875 I ST NW 5TH FLOOR Suite 920 WASHINGTON DC 20006 JAMES PASTORIZA CEO 2404834289 2016-08-15 true ROBERTSON L BERTRAND P00789740 2673303000 2015 2016-09-27 15:27:22Z James Pastoriza 1875 I ST NW 5TH FLOOR Washington DC 20006 38647445 false X www.tdfund.com X 1998 DC See attachment 1 0 0 0 0 0 0 0 0 -1575341 38666320 1924 -18875 -1573417 38647445 0 0 0 0 111264 140623 0 0 0 1504924 1606981 1616188 1747604 -3189605 36899841 80274639 117174480 0 0 80274639 117174480 THE TELECOMMUNICATIONS ACT OF 1996 (THE ACT), ENACTED ON FEBRUARY 8, 1996, CREATED A BODY CORPORATE TO BE KNOWN AS THE TELECOMMUNCATIONS DEVELOPMENT FUND, TDF. THE CONFERENCE REPORT WHICH ACCOMPANIED THE ACT PROVIDED THAT TDF WILL BE ADMINISTERED AS A NOT FOR PROFIT ORGANIZATION. ON MARCH 30, 1998, TDF WAS INCORPORATED IN THE DISTRICT OF COLUMBIA AS A CIVIC ORGANIZATION WITHIN THE MEANING OF SECTION 501 (C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE PURPOSE OF THE FUND IS: (A) TO PROMOTE ACCESS TO CAPITAL FOR SMALL BUSINESSES IN ORDER TO ENHANCE COMPETITION IN THE TELECOMMUNICATIONS INDUSTRY; (B) TO STIMULATE NEW TECHNOLOGY DEVELOPMENT, AND TO PROMOTE EMPLOYMENT AND TRAINING; (C) TO SUPPORT UNIVERSAL SERVICE AND PROMOTE DELIVERY OF TELECOMMUNICATIONS SERVICES TO UNDERSERVED RURAL AND URBAN AREAS; AND (D) TO RECEIVE CONTRIBUTIONS OR DONATIONS TO THE FUND AND TO REINVEST ANY REPAYMENT OF, OR OTHER PAYMENT WITH RESPECT TO, LOAN, EQUITY, OR OTHER EXTENSIONS OF CREDIT MADE FRO false false See attachment 1 643189 false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true true true false true 13 0 0 false false false false false false X 0 0 false false false false false false false true true false false true false false true true true false X THE ORGANIZATION 2404834286 1875 I ST NW 5TH FLOOR WASHINGTON DC 20006 Brian Bailey Director 5.0 0.0 X 27307 0 0 Richard Bodman director 5.0 0.0 X 27014 0 0 Michael Meece director 5.0 0.0 X 26140 0 0 Marvin Bush Director 5.0 0.0 X 21000 0 0 Brooke Coburn Director 5.0 0.0 X 25000 0 0 James Pastoriza CEO 5.0 35.0 X 0 0 0 126461 0 0 0 false false false Twenty-First Century Group 434 New Jersey Ave WASHINGTON DC 20003 Consulting 144000 PricewaterhouseCoopers LLP PO Box 7247-8001 PHILADELPHIA PA 19170 Consulting 206510 2 0 0 70888 70888 0 0 0 0 0 38595432 38595432 38595432 38595432 0 0 0 OTHER INCOME -18875 -18875 -18875 38647445 38647445 0 0 0 0 126461 126461 0 14162 14162 0 0 0 972729 972729 44360 44360 73420 73420 0 0 144000 144000 0 0 881 881 41769 41769 0 0 3715 3715 0 806 806 0 0 0 1426 1426 0 SPONSORSHIPS 301845 301845 TAXES, LICENSES & FEES 2491 2491 DUES AND MEMBERSHIPS 15120 15120 BANK FEES 4419 4419 1747604 643189 1104415 0 0 0 9672494 41129782 0 0 0 0 0 0 0 0 0 0 0 0 23392 9324 0 319234 14759606 0 0 70099572 61031223 0 0 159947 244545 80274639 117174480 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 80274639 117174480 0 0 0 0 80274639 117174480 80274639 117174480 36899841 X false true true false INVESTMENT IN SUBSIDIARIES 61031223 C 61031223 38647445 38647445 38647445 1747604 1747604 1747604 SECTION B, LINE 11 The CEO will review the form 990 with the organization's accountants prior to filing the form. SECTION B, LINE 15 COMPENSATION IS DETERMINED BY AN ANNUAL MANAGEMENT FEE AGREEMENT. SECTION C, LINE 19 Yes, on annual basis the organization prepares a Report to Congress, which includes information about the organization, as well as a copy of the organization's audited financial statements. All information is made available upon request. SECTION A, LINE 1 THE DIRECTORS OF TELECOMMUNICATIONS DEVELOPMENT FUND, INC. ARE NOT COMPENSATED FOR SERVICES RENDERED AS DIRECTORS. TDFund II LP 1875 I ST NW 5TH FLOOR WASHINGTON DC 20006 202289907 investment DC TDF Inc 39026744 false 0.98606 TD Fund III LP 1875 I ST NW 5TH FLOOR WASHINGTON DC 20006 371699033 investment DC TDF Inc -36675 false 0.98899 true true false false false false false false false false true false true false false false false true TDFund III LP A 312553 TDFUND II LP A 5682 TDFUND III LP B 16389537 TDFUND II LP B 670411 TDFUND III LP S 3698332 TDFUND II LP S 61025454