Nonprofit · EIN 86-2577635
TELESCOPE FUND
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,536,429 | $10,788,449 | -$5,252,020 | $28,215,070 | $652,895 | $27,562,175 |
| December 31, 2023 | 990 | $69,446,551 | $37,206,092 | $32,240,459 | $38,127,793 | $5,313,598 | $32,814,195 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,000,000
- Program service revenue
- $0
- Investment income
- $1,514,546
- Other revenue
- $21,883
Expenses
- Grants and similar amounts paid
- $10,306,669
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $33,896
- Accounting fees
- $34,230
- Occupancy
- $6,097
- Program services (functional)
- $10,373,259
- Management and general (functional)
- $415,190
Balance sheet and other
- Total assets, start of year
- $38,127,793
- Total assets, end of year
- $28,215,070
- Total liabilities, end of year
- $652,895
- Net assets, end of year
- $27,562,175
- Net assets without donor restrictions
- $27,562,175
- Gross receipts
- $5,536,429
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2021
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESLIE PAYNE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BEN MANGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARLA BLOW | TREASURER (THROUGH 7/2024) Trustee or director, Officer | 1 | $0 |
| DORI KREIGER | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW SCHULZ | GENERAL COUNSEL Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANDREW SCHULZ | GENERAL COUNSEL Officer | 1 | $0 | $11,830 |
| LESLIE PAYNE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BEN MANGAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARLA BLOW | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RENEE EYMA | DIRECTOR (THROUGH 3/2023) Trustee or director | 1 | $0 | $0 |
| DORI KREIGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1050 CONNECTICUT AVE NW STE 500, WASHINGTON, DC 20036-5304
- Principal officer (990 for 2024)
- LESLIE PAYNE, 1050 CONNECTICUT AVENUE NW 500, WASHINGTON, DC 20036
- Signed the 990
- LESLIE PAYNE, PRESIDENT
- Phone
- (202) 971-1471
- Website
- WWW.TELESCOPEFUND.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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.
Program accomplishments
- 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
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-2577635
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $28,215,070
- Income (IRS master file)
- $5,536,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,536,429 | $10,788,449 | $28,215,070 | IRS |
| 990 | December 2023 | $69,446,551 | $37,206,092 | $38,127,793 | XML |
| 990 | December 2022 | $30,475,057 | $30,044,973 | $2,367,892 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2577635).
Questions about TELESCOPE FUND
- What is the EIN of TELESCOPE FUND?
- The employer identification number (EIN) of TELESCOPE FUND is 86-2577635.
- Is TELESCOPE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to TELESCOPE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TELESCOPE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TELESCOPE FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TELESCOPE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TELESCOPE FUND?
- The 990 for the year ended December 31, 2024 names LESLIE PAYNE.
- Who are the officers and directors of TELESCOPE FUND?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does TELESCOPE FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,536,429, expenses of $10,788,449 and total assets of $28,215,070 at year end.
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All nonprofits in WASHINGTON · District of Columbia · Philanthropy, voluntarism and grantmaking foundations