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EIN 86-2577635

Telescope Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Washington
State
District of Columbia
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
T30: Public Foundations
Description
The Telescope Fund partners with donors to expand their philanthropic giving by providing them with the tools to catalyze their vision for change. They support strategic grantmaking, efficient operations, expert advising, and innovative problem-solving. 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.
Related structure
Telescope Fund is a subordinate organization under New Venture Fund.
Total revenues
$69,446,551
2023
Total expenses
$37,206,092
2023
Total assets
$38,127,793
2023
Num. employees
0
2023

Program areas at Telescope Fund

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.

Grants made by Telescope Fund

GranteeGrant descriptionAmount
One ArizonaProject Support$2,470,000
Florida Rising TogetherProject Support$1,700,000
Imagine North Carolina FirstGeneral Support$1,400,000
...and 76 more grants made totalling $35,551,700

Who funds Telescope Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$33,000,000

Personnel at Telescope Fund

NameTitleCompensation
Andrew SchulzGeneral Counsel$0

Financials for Telescope Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$67,939,363
Program services$0
Investment income and dividends$867,235
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$564,834
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$75,119
Total revenues$69,446,551

Form 990s for Telescope Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-10990View PDF
2021-122022-11-15990View PDF

Organizations like Telescope Fund

OrganizationLocationRevenue
The Ayco Charitable FoundationCohoes, NY$277,957,756
The Fund for Charitable GivingPittsburgh, PA$48,631,120
Givinga FoundationWellesley, MA$18,779,918
Goldman Sachs GivesNew York, NY$56,851,698
Texas Health Resources FoundationArlington, TX$28,232,757
Sharp HealthCare FoundationSan Diego, CA$19,480,902
Impact Investing Charitable TrustLenexa, KS$137,997,700
Mightycause Charitable FoundationMarianna, FL$86,269,830
American Gift FundWilmington, DE$155,807,228
GiveClear FoundationCharlotte, NC$26,518,335
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $327,721 from New Venture Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 4, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsCorporate foundationsChapter / child organizationsCharitiesDonor Advised Funds (DAFs)
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsLobbyingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1050 Connecticut Ave NW 500
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
telescopefund.org/ 
Phone
(202) 971-1471
IRS details
EIN
86-2577635
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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