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Nonprofiteer
← TELESCOPE FUND

Form 990 for tax year 2024

Filed by TELESCOPE FUND.

Totals

Total revenue
$5,536,429
Total expenses
$10,788,449
Contributions and grants received
$4,000,000
Grants paid
$10,306,669
Program service revenue
$0
Investment income
$1,514,546
Other revenue
$21,883
Total assets, end of year
$28,215,070
Total liabilities, end of year
$652,895
Net assets or fund balances, end of year
$27,562,175
Program services expenses (Part IX)
$10,373,259
Management and general expenses
$415,190
Fundraising expenses
$0
Program service expenses (Part III)
$10,373,259

Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,000,000

  • 3 · Investment income

    total $1,514,546 · excluded $1,514,546

  • 11a · Other revenue: GENERAL ADMIN RETAINER

    total $21,750 · excluded $21,750

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $133 · excluded $133

  • 11e · Other revenue, total

    $21,883

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,306,669 · program services $10,306,669

  • 11a · Fees: management

    total $290,000 · management and general $290,000

  • 11b · Fees: legal

    total $33,896 · program services $5,000 · management and general $28,896

  • 11c · Fees: accounting

    total $34,230 · management and general $34,230

  • 11g · Fees: other

    total $78,837 · program services $60,000 · management and general $18,837

  • 13 · Office expenses

    total $431 · management and general $431

  • 14 · Information technology

    total $6,817 · program services $1,590 · management and general $5,227

  • 16 · Occupancy

    total $6,097 · management and general $6,097

  • 23 · Insurance

    total $31,472 · management and general $31,472

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,096,481 · end of year $6,471,819

  • 2 · Savings and temporary cash investments

    end of year $21,702,913

  • 4 · Accounts receivable

    beginning of year $0 · end of year $14,106

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,312 · end of year $26,008

  • 15 · Other assets

    beginning of year $0 · end of year $224

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,598 · end of year $12,895

  • 18 · Grants payable

    beginning of year $5,300,000 · end of year $640,000

  • 27 · Net assets without donor restrictions

    beginning of year $32,814,195 · end of year $27,562,175

Mission and programs · 2024

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.

Activities or mission (Part I)

PARTNERING WITH DONORS TO EXPAND PHILANTHROPIC GIVING.

  • TELESCOPE 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.

    Expenses $10,373,259 · Grants $10,306,669

As filed on the 2024 return.

Listed in Part VII

  • Leslie Payne

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ben Mangan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Marla Blow

    TREASURER (THROUGH 7/2024)

    Total calculated
    $0
    Hours/week
    1

  • Dori Kreiger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andrew Schulz

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533159349306033

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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