2025-11-17T12:30:43-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 922791899 TELESCOPE FOUNDATION TELE 2026700060 1700 CONNECTICUT AVE 300 WASHINGTON DC 20009 JACOB ZIONCE PRESIDENT & COO 2026700060 2025-11-17 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z JACOB ZIONCE 1700 CONNECTICUT AVE 300 WASHINGTON DC 20009 9012397 0 X WWW.TELESCOPEGP.COM X 2023 DE SEE PART III, LINE 1. 3 2 3 2 0 0 2510000 8847725 0 44669 16651 100817 70 19186 2526721 9012397 0 250000 0 0 163792 966114 0 8600 81432 878293 795190 1042085 2019904 1484636 6992493 1634164 9016273 147363 505222 1486801 8511051 TELESCOPE FOUNDATION'S MISSION IS TO IMPROVE SCIENCE AND SOCIETY THROUGH INNOVATION AND COLLECTIVE ACTION. 0 0 503551 100000 TELESCOPE TRUSTED TALENT INITIATIVE - AIMS TO BUILD PIPELINES OF TALENT, AT SCALE, THAT CAN SERVE AS TRUSTED PARTNERS TO BUSINESS, GOVERNMENT, AND CIVIL SOCIETY IN ENSURING THAT THE NEXT WAVE OF INVENTION IN SCIENCE AND TECHNOLOGY MAKES SOCIETY MORE SECURE AND PROSPEROUS. 503551 100000 TELESCOPE TECHNOLOGY OFFSET PROGRAM - AIMS TO CREATE A MARKET FOR FINANCIAL INSTRUMENTS TO MITIGATE THE RISKS ASSOCIATED WITH DEEP TECH INNOVATIONS. 251775 50000 44669 TELESCOPE LEADERSHIP SERVICES - AIMS TO SCALE THE WORK OF PARTNERS WHO SHARE OUR GOALS OF MAKING SOCIETY MORE SAFE, SECURE, AND PROSPEROUS BY AIDING IN STRATEGY DEVELOPMENT AND PROGRAM DESIGN AND DEVELOPMENT. 1258877 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X JACOB ZIONCE 2026700060 1700 CONNECTICUT AVE NW UNIT 300 WASHINGTON DC 20009 JACOB ZIONCE PRESIDENT & COO 40.00 X X 300000 0 6285 ERIC BRAVERMAN CHAIR & TREASURER 40.00 X X 0 0 0 MICHAEL LUSTBADER BOARD MEMBER 1.00 X 0 0 0 DIANA SKURKA MANAGING DIRECTOR 40.00 X 300000 0 7197 CHRISTINA LISI CHIEF COMMUNICATIONS OFFICER 40.00 X 300000 0 2986 900000 0 16468 3 0 1 0 JOHN LYMAN 975 GROSVENOR PLACE OAKLAND CA 94610 INVESTMENT MANAGEMENT SERVICES 116887 1 8847725 22975 8847725 CONSULTING INCOME 900099 44669 44669 44669 100817 100817 REIMBURSEMENTS 900099 19186 19186 19186 9012397 44669 0 120003 250000 250000 916468 610660 305808 -1267 -526 -741 50913 33942 16971 178335 53501 124834 36047 36047 8600 8600 116887 116887 95407 46308 49099 40024 40024 3829 3829 129629 85423 44206 76010 50673 25337 19253 19253 12449 8299 4150 FUNDRAISING EXPENSES 72832 72832 DUES & SUBSCRIPTIONS 6282 6282 OTHER EXPENSES 3693 2146 1547 PAYROLL FEES 2346 1564 782 2167 2167 2019904 1258877 679595 81432 289829 1514906 1293817 5660324 17777 12200 24054 115620 19575 38318 96045 30000 1193186 0 479981 1634164 9016273 147363 34607 0 470615 147363 505222 X 1486801 8511051 1486801 8511051 1634164 9016273 6992493 67554 -35797 0 X 0 1 X 1 0 X 2510000 8847725 11357725 2510000 8847725 11357725 11357725 16651 100817 117468 70 19186 19256 11494449 44669 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION BEGAN OPERATIONS MARCH 8, 2023. THEREFORE, THE 2023 COLUMN IS REPORTING SHORT-YEAR ACTIVITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24386 5017 19369 4839 539 4300 86395 14019 72376 96045 INVESTMENT IN TGP FUNDS 1193186 F 1193186 RIGHT-OF-USE ASSET 454981 SECURITY DEPOSITS 25000 479981 LEASE LIABILITY 470615 470615 9079951 67554 67554 9012397 0 9012397 2019904 0 2019904 0 2019904 1 M51 PARTNERS LLC 1108 T ST NW WASHINGTON DC 20009 923924764 N/A 250000 0 CREATION OF MISSION-ALIGNED PROJECTS 0 1 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DIANA SKURKA MANAGING DIRECTOR 300000 0 0 0 0 0 0 0 7197 0 307197 0 0 0 JACOB ZIONCE PRESIDENT & COO 300000 0 0 0 0 0 0 0 6285 0 306285 0 0 0 CHRISTINA LISI CHIEF COMMUNICATIONS OFFICER 300000 0 0 0 0 0 0 0 2986 0 302986 0 0 0 PART I, LINE 1A TELESCOPE FOUNDATION ALLOWS FOR BUSINESS CLASS TRAVEL ON LONG-HAUL FLIGHTS IN LINE WITH ITS TRAVEL POLICY. TELESCOPE GLOBAL PARTNERS LLC (TGP) JACOB ZIONCE PRESIDENT OF TELESCOPE FOUNDATION AND PART OWNER OF TGP 1193186 TELESCOPE FOUNDATION HAS INVESTED IN FUNDS ESTABLISHED BY TELESCOPE GLOBAL PARTNERS LLC 0 TELESCOPE GLOBAL PARTNERS LLC (TGP) ERIC BRAVERMAN BOARD MEMBER OF TELESCOPE FOUNDATION AND PART OWNER OF TGP 1193186 TELESCOPE FOUNDATION HAS INVESTED IN FUNDS ESTABLISHED BY TELESCOPE GLOBAL PARTNERS LLC 0 FORM 990, PART VI, SECTION A, LINE 2 JACOB ZIONCE AND ERIC BRAVERMAN HAVE A BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE AMENDMENTS TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTANTS AND PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES (COVERED PERSONS) ARE SUBJECT TO THE POLICY. THE ORGANIZATION REQUIRES EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE ANNUALLY TO (1) REVIEW THE CORPORATION'S CONFLICT OF INTEREST POLICY; (2) DISCLOSE ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST; AND (3) ACKNOWLEDGE THAT HE OR SHE IS ACTING IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THE POLICY. WHEN A COVERED PERSON BECOMES AWARE OF A POSSIBLE CONFLICT OF INTEREST, HE OR SHE HAS A DUTY TO IMMEDIATELY DISCLOSE THE EXISTENCE AND MATERIAL FACTS CONCERNING THE POTENTIAL CONFLICT TO THE BOARD. THE COVERED PERSON REFRAINS FROM USING HIS OR HER PERSONAL INFLUENCE TO AFFECT THE CORPORATION'S DECISION TO ENTER INTO THE TRANSACTION OR MAKE ANY ATTEMPT TO INFLUENCE THE DELIBERATIONS OR VOTING ON THE TRANSACTION; AND PHYSICALLY EXCUSES HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS, DELIBERATIONS, VOTING, OR DECISIONS REGARDING THE TRANSACTION WITH DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE TRANSACTION. THE BOARD, OR AN AUTHORIZED BOARD COMMITTEE, CONTEMPORANEOUSLY DOCUMENTS THE BASIS FOR ITS DETERMINATION IN THE MINUTES OF THE MEETING(S) AT WHICH THE POTENTIAL CONFLICT OF INTEREST IS CONSIDERED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S PRESIDENT & COO AND KEY EMPLOYEES WAS 1) REVIEWED AND APPROVED BY INDEPENDENT BOARD MEMBERS, 2) COMPARABILITY DATA WAS PRESENTED TO INDEPENDENT BOARD MEMBERS, AND 3) CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION OCCURRED AMONGST THE INDEPENDENT BOARD MEMBERS. THE LAST COMPENSATION REVIEW TOOK PLACE DECEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. TELESCOPE GLOBAL 1700 CONNECTICUT AVE SUITE 300 WASHINGTON DC 20009 932291342 MANAGEMENT SERVICES FOR TELESCOPE FOUNDATION DE 46197 152183 TELESCOPE FOUNDATION TELESCOPE GLOBAL INVESTMENT FUND 1700 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20009 331797772 INVESTMENT SERVICES FOR TELESCOPE FOUNDATION DE 0 30000 TELESCOPE GLOBAL