Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990.
Andrew Schulz’s $7K as General Counsel is at the 1st percentile of top reported officer pay among 1691 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Connects donors with opportunities to increase their charitable contributions.
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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.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.0M | $38.1M |
| Total assetsLn 16 | $2.4M | $38.1M |
| LiabilitiesLn 26 | $1.8M | $5.3M |
| Net assetsLn 32 | $574K | $32.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $35.6M | $35.6M | ||
| Management feesLn 11a | $1.0M | $1.0M | ||
| Legal feesLn 11b | $46K | $46K | ||
| Accounting feesLn 11c | $10K | $10K | ||
| Other fees for servicesLn 11g | $495K | $495K | ||
| Office expensesLn 13 | $7K | $7K | $30 | |
| Information technologyLn 14 | $9K | $9K | ||
| OccupancyLn 16 | $7K | $7K | ||
| TravelLn 17 | $7K | $7K | ||
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| InsuranceLn 23 | $32K | $32K | ||
| Other expenses (24a–d)Ln 24 | $480 | $480 | ||
| Total functional expensesLn 25 | $37.2M | $36.1M | $1.1M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $5.5M | $10.8M | −$5.3M | $27.6M | 990 PDF |
| FY2023 Viewing | $69.4M | $37.2M | $32.2M | $32.8M | 990 PDF |
| FY2022 | $30.5M | $30.0M | $430K | $574K | 990 PDF |
| FY2021 | $150K | $6K | $144K | $144K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $69,446,551 across 7 lines filed
Part IX · Statement of functional expenses $37,206,092 across 12 lines filed
Part X · Balance sheet $38,127,793 assets, 11 lines filed
Part XI · Reconciliation of net assets $32,814,195 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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