Telescope Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 862577635 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Telescope Fund?

The Telescope Fund is a nonprofit organization based in Washington, D.C. During the 2022 tax year, they granted funds to various organizations focusing on global health, conservation, social justice, poverty alleviation, scientific research, disaster recovery, education, and the arts. Telescope Fund collaborates with donors to expand their philanthropic impact by providing them with the necessary tools to catalyze their vision for change. Through strategic grantmaking, efficient operations, expert advising, and innovative problem-solving, Telescope Fund supports donors in making a difference in various sectors.


Official website here: www.telescopefund.org

What are the reviews and ratings of this charity?

The Telescope Fund is not currently rated by Charity Navigator due to the absence of sufficient data for evaluation. This absence of a rating does not imply any positive or negative view on the organization itself. To achieve a rating, organizations like Telescope Fund need more data in categories such as Accountability & Finance or Impact & Measurement.

Charity Navigator notes that the Telescope Fund currently lacks the three-year average data needed for an effective assessment under the Accountability & Finance methodology. This gap is due, in part, to having only one year of IRS Form 990 filings available electronically. The organization is categorized as independent and receives a substantial portion of its support from public or governmental sources.

The organization’s leadership appears dedicated, with several key leaders receiving no compensation. This could indicate a high level of voluntary commitment. However, without more detailed information, particularly regarding impact and community engagement, it's challenging to form a complete picture of the Telescope Fund's effectiveness or the culture within the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Telescope Fund legitimate?

Telescope Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telescope Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $7,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.telescopefund.org

What is the mission statement of Telescope Fund?

The Telescope Fund is a philanthropic organization that collaborates with donors to amplify their charitable giving. By equipping donors with resources and strategic guidance, the Telescope Fund facilitates impactful grantmaking in various sectors such as global health, conservation, social justice, poverty relief, scientific research, disaster recovery, education, and the arts. In the previous tax year, the organization distributed grants for both general and project support to numerous beneficiary organizations.


Official website here: www.telescopefund.org

Who is the CEO of Telescope Fund?

Leslie Payne is the President of Telescope Fund.


Official website here: www.telescopefund.org

What is the revenue of Telescope Fund?

Telescope Fund's revenue in 2022 was $30,475,057.


Official website here: www.telescopefund.org

Who are the executives of Telescope Fund and what are their salaries?

There 5 volunteers at Telescope Fund.


Here are 6 key members and their salaries:


Leslie Payne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Mangan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Blow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Eyma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dori Kreiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Schulz (General Counsel)
  • Compensation: $7,125
  • Related: $300,900
  • Other: $41,456


Official website here: www.telescopefund.org

Where can I find the form 990 for Telescope Fund?

Telescope Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.telescopefund.org

Learn more at the official website: www.telescopefund.org

Mission Statement of Telescope Fund

Telescope Fund, a philanthropic organization, is dedicated to expanding donors' giving capacity by offering them the right tools to actualize their desire for change. The organization plays a pivotal role in catalyzing strategic grantmaking, ensuring efficient operations, providing expert advising, and employing innovative problem-solving strategies. During the 2022 tax year, Telescope Fund granted funds to a variety of organizations that focused on global health, conservation, social justice, poverty alleviation, scientific research, disaster recovery, education, and the arts. By collaborating with donors, Telescope Fund empowers them to make a meaningful impact on causes they care about, ultimately leading to a more vibrant and equitable world.

In essence, Telescope Fund serves as a bridge between generous donors and impactful organizations. The organization's mission is to facilitate partnerships between donors and the causes they are passionate about, enabling them to create lasting change. By providing donors with the necessary resources and expert guidance, Telescope Fund helps them maximize the reach and effectiveness of their philanthropic giving. This collaborative approach ensures that resources are allocated to organizations that have the greatest potential to create positive change.

In summary, Telescope Fund is a catalyst for change, partnering with donors to expand their philanthropic impact. Through its strategic grantmaking, efficient operations, expert advising, and innovative problem-solving, the organization empowers donors to make a measurable difference in the world. By supporting a diverse range of causes, Telescope Fund furthers its mission to help donors realize their vision for a better world.

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Impact




October, 2024

Telescope Fund significantly enhances philanthropic giving by partnering with donors to amplify their impact across various sectors. In the 2022 tax year alone, it facilitated grants to organizations focused on crucial areas such as global health, conservation, social justice, poverty alleviation, scientific research, disaster recovery, education, and the arts. By providing donors with essential tools for strategic grantmaking and expert advising, Telescope Fund empowers them to catalyze their vision for change. This approach not only streamlines philanthropic efforts but also fosters innovative solutions to pressing global challenges, making a substantial difference in the communities they serve.




This information is meant to be a general summary of Telescope Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,475,057 (2022)
Expenses
$30,044,973 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $109,824
  • Gross Receipts: $30,475,057

Assets and Liabilities:

  • Total Assets: $2,367,892
  • Total Liabilities: $1,794,156
  • Net Assets: $573,736

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Organization Details

Founding Year

2021

Principal Officer

Leslie Payne

Main Address

1050 CONNECTICUT AVENUE NW 500, WASHINGTON, DC, 20036

NTEE Category

Code: T30 - Philanthropy

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