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Third Way

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

EIN: 201734070 ✦ Washington, DC ✦ Designated as a 501(c)(4)

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Overview

What is Third Way?

Third Way is a Washington, D.C. based nonprofit think tank, established in 2005. They are dedicated to generating centrist policy ideas by conducting research and engaging in public discourse. Through their work, they develop innovative political solutions and share their findings via various public events, issues briefings, and publications.


Official website here: www.thirdway.org

What are the reviews and ratings of this charity?

Third Way is not currently rated by Charity Navigator, as it does not meet the eligibility criteria required for a comprehensive evaluation. This is due to being a non-501(c)(3) IRS registered organization, which limits the application of common evaluation methodologies like Accountability & Finance or Impact & Measurement. The lack of a rating does not imply ineffectiveness or issues, merely that the organization hasn't been assessed under this framework.

Charity Navigator's historical ratings largely focused on financial aspects, but without available data on revenue or expenses, such evaluations aren't possible here. This also means there are no insights into leadership salaries or financial practices, areas typically scrutinized for potential donors. Third Way is classified as an independent entity, not part of any larger organizational groupings, contributing to its evaluation standing.

Since Third Way has no user reviews on GreatNonprofits, we lack community or beneficiary feedback to draw from. Overall, the absence of both formal ratings and community reviews presents challenges in forming an informed public perspective on this nonprofit's effectiveness or community impact.


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

Is Third Way legitimate?

Third Way is a legitimate nonprofit organization registered as a 501(c)(4) entity. Third Way 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: $1,468,061
Professional Fundraising Fees: $145,000
Other Salaries and Wages: $5,836,170

For more financial information, click here


Official website here: www.thirdway.org

What is the mission statement of Third Way?

Third Way is a think tank dedicated to generating political and policy ideas. Established in 2005, the organization conducts research to advance centrist perspectives. They engage in public events and briefings, contributing to the national discourse on various issues. Third Way's mission is to develop and promote innovative solutions that address the challenges of the present and future. Their work aims to bridge ideological divides and foster bipartisan cooperation. The think tank strives to inform and influence policymakers, advocacy groups, and the general public, ultimately aiming to shape the direction of national policy.


Official website here: www.thirdway.org

Who is the CEO of Third Way?

Jonathan Cowan is the President of Third Way.


Official website here: www.thirdway.org

What is the revenue of Third Way?

Third Way's revenue in 2022 was $27,422,767.


Official website here: www.thirdway.org

Who are the executives of Third Way and what are their salaries?

The average compensation at Third Way during 2022 was $83,003. There are 88 employees and 34 volunteers at Third Way.


Here are 44 key members and their salaries:


John L Vogelstein (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgette Bennett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Budinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Coulter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Daley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dyson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dyson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Feldstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Frank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Greenwald (Trustee Until Dec. 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Heller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Joseph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Kaufman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Kirkland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thurgood Marshall Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mccue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Horvitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Pritzker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Reeves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Schwartz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alix Burns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Varney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Spilker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Trimpa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Manfrey Vogelstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Zimlich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Benjamin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Goodman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Rothrok (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Galbraith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Cowan (President)
  • Compensation: $414,937
  • Related: $0
  • Other: $34,164
Alison Kay (Trustee As Of Dec. 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graves Tompkins (Trustee As Of Dec. 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Bethea Treasurer And (Chief Operating Officer)
  • Compensation: $251,386
  • Related: $0
  • Other: $28,149
Matthew Bennett Secretary And (Exe. Vp Of Public Affairs)
  • Compensation: $383,379
  • Related: $0
  • Other: $39,719
James Kessler (Exe. Vp Of Policy)
  • Compensation: $378,910
  • Related: $0
  • Other: $40,734
Chad Fitzgerald (Sr. Advisor To The Preside)
  • Compensation: $205,445
  • Related: $0
  • Other: $32,872
Gabriel A Horwitz (Svp, Econ Program)
  • Compensation: $248,152
  • Related: $0
  • Other: $26,121
Lanae M Erickson Sr Vp For (Social Policy & Politics)
  • Compensation: $248,240
  • Related: $0
  • Other: $16,325
Joshua Freed (Svp, Clean Energy)
  • Compensation: $246,273
  • Related: $0
  • Other: $31,298
Emily Sternfeld (Sr. Vp Of Dev. & External)
  • Compensation: $208,523
  • Related: $0
  • Other: $24,681


Official website here: www.thirdway.org

Where can I find the form 990 for Third Way?

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


Official website here: www.thirdway.org

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

Mission Statement of Third Way

Third Way is a forward-thinking policy think tank dedicated to generating innovative political and policy ideas. Based in Washington, D.C., this esteemed organization was established in 2005, focusing on research and development in the centrist sector.

In their pursuit of knowledge, Third Way conducts extensive public opinion research to better understand the needs and priorities of the population. They use these findings to develop well-reasoned and pragmatic policy recommendations that aim to address pressing issues in a bipartisan manner.

Third Way's impact goes beyond the realm of research and ideas. They are known for hosting a variety of public events, issues briefings, and other engaging forums where policymakers, thought leaders, and the public can come together to discuss and debate the most pressing policy matters. These events provide valuable opportunities for collaboration and the exchange of ideas, ultimately contributing to the ongoing evolution of policy and governance.

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Impact




October, 2024

Third Way's impact is manifested through its commitment to developing centrist policy ideas that bridge the divide in American political discourse. Founded in 2005, this Washington, D.C.-based think tank conducts rigorous research and public opinion analyses, fostering a nuanced understanding of contemporary issues. By promoting civil rights and creating a platform for dialogue, Third Way plays a critical role in shaping public policy and influencing legislators, enabling a collaborative approach to problem-solving in governance. Their events and briefings serve as vital forums for discussion, ensuring that diverse perspectives are represented in the public arena. Overall, Third Way contributes significantly to the political landscape by advocating for moderate solutions that resonate with a broad spectrum of the population.




This information is meant to be a general summary of Third Way. 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
$27,422,767 (2022)
Expenses
$23,095,434 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,932
  • Gross Receipts: $33,337,882

Assets and Liabilities:

  • Total Assets: $48,609,569
  • Total Liabilities: $8,226,347
  • Net Assets: $40,383,222

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Organization Details

Founding Year

2004

Principal Officer

Jonathan Cowan

Main Address

1025 CONNECTICUT AVE NW 400, WASHINGTON, DC, 20036

NTEE Category

Code: R99 - Civil rights

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