TELESCOPE FUND

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

LESLIE PAYNE

Phone

2029711471

Tax Period

2023-01-01 to 2023-12-31

TELESCOPE FUND, founded in 2021, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $69.4M in total revenue in fiscal year 2023. Revenue surged 128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32.2M, a strong 46% operating margin.

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 Service Accomplishments

Program 1

Expenses: $36,101,094 Revenue: $0

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...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $67,939,363

Program Service Revenue $0

Investment Income $1,432,069

Other Revenue $75,119

TOTAL REVENUE $69,446,551

Expense Breakdown

Grants Paid $35,590,849

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,101,094

Other Expenses $1,615,243

TOTAL EXPENSES $37,206,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,446,551	$30,475,057	+1.3%
Expenses	$37,206,092	$30,044,973	+0.2%
Net Income	$32,240,459	$430,084	+74.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$11,830

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE PAYNE	PRESIDENT	1.00	Officer Director	$0	$0	$0
BEN MANGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MARLA BLOW	TREASURER	1.00	Officer Director	$0	$0	$0
RENEE EYMA	DIRECTOR (THROUGH 3/2023)	1.00	Director	$0	$0	$0
DORI KREIGER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW SCHULZ	GENERAL COUNSEL	1.00	Officer	$0	$0	$11,830

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$69,446,551	$37,206,092	$38,127,793	$32,240,459
2022	$30,475,057	$30,044,973	$2,367,892	$430,084
2021	$150,000	$6,348	$143,652	$143,652