Overview
What is The Third Way Foundation Inc?
The Third Way Foundation Inc, based in Washington D.C., is a nonprofit organization with a mission to advance progressive government in America. They primarily focus on researching public policy solutions to a broad spectrum of democratic concerns. Known as the Progressive Policy Institute, they aim to promote civic responsibility and public entrepreneurship. With a team of 42 dedicated individuals, they work tirelessly to contribute to this cause.
Official website here: www.progressivepolicy.org
What are the reviews and ratings of this charity?
The Third Way Foundation Inc has been rated 87% by Charity Navigator, earning a Three-Star out of Four Star rating. This indicates a strong performance, particularly in the Accountability & Finance category, which constitutes the entirety of their rating. The charity shows a commitment to governance, with a board composed of 75% independent members and comprehensive policies that address conflicts of interest, whistleblowing, and document retention.
The organization demonstrates a high program expense ratio of 78.38%, suggesting that a significant portion of its funds directly support its mission. Additionally, the absence of any material diversion of assets and a favorable liabilities to assets ratio of 0.03% are further indicators of strong financial health. However, it is worth noting that the fundraising efficiency ratio is low at $0.002, which may imply challenges in how funds are raised relative to expenses.
Unfortunately, user reviews from GreatNonprofits were not accessible, limiting insights from the community regarding their experience with the organization. Overall, The Third Way Foundation Inc presents as a financially responsible nonprofit with effective governance but could improve its fundraising strategies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Third Way Foundation Inc?
52% of 24 reviewers on Facebook recommend The Third Way Foundation Inc. Here is a summary of their reviews:
Sentiments regarding the nonprofit seem to be quite mixed. A significant portion of the feedback expresses concern over the foundation's approach to economic issues, suggesting that its policies may not adequately address the financial struggles faced by many individuals in the community. Critics highlight a perceived disconnect between the foundation's objectives and the pressing needs of those affected by austerity measures, pointing out a growing sense of frustration with their messaging.
While there are those who may appreciate the foundation's intentions or specific initiatives, the overall impression from the reviews leans toward skepticism. Many reviewers challenge the efficacy of the nonprofit's strategies and raise questions about the implications of their stance on important socioeconomic issues.
This AI summary has been generated from reviews found on Facebook.
Is The Third Way Foundation Inc legitimate?
The Third Way Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Third Way Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,094,051
For more financial information, click here
Official website here: www.progressivepolicy.org
What is the mission statement of The Third Way Foundation Inc?
The Third Way Foundation Inc's mission is centered around advancing the cause of progressive government in America. They achieve this by encouraging civic responsibility and fostering public entrepreneurship. The organization focuses on conducting research studies to develop effective public policy solutions that address a wide range of democratic policy concerns. By promoting these efforts, they aim to contribute positively to the political landscape of the country.
Official website here: www.progressivepolicy.org
Who is the CEO of The Third Way Foundation Inc?
Lindsay Lewis is the Director of The Third Way Foundation Inc.
Official website here: www.progressivepolicy.org
What is the revenue of The Third Way Foundation Inc?
The Third Way Foundation Inc's revenue in 2022 was $7,340,480.
Official website here: www.progressivepolicy.org
Who are the executives of The Third Way Foundation Inc and what are their salaries?
The average compensation at The Third Way Foundation Inc during 2022 was $73,668. There are 42 employees at The Third Way Foundation Inc.
Here are 16 key members and their salaries:
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- Compensation: $137,500
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- Compensation: $102,222
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- Compensation: $105,000
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- Compensation: $255,000
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- Compensation: $219,000
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- Compensation: $240,000
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- Compensation: $128,750
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- Compensation: $128,750
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- Compensation: $119,167
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- Compensation: $118,333
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- Other: $0
Official website here: www.progressivepolicy.org
Where can I find the form 990 for The Third Way Foundation Inc?
The Third Way Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.progressivepolicy.org
Learn more at the official website: www.progressivepolicy.org
Mission Statement of The Third Way Foundation Inc
The Third Way Foundation Inc, a nonprofit organization, is dedicated to fostering progressive governance in America. They achieve this mission by advocating for civic responsibility and promoting public entrepreneurship. This means encouraging individuals to take an active role in shaping their communities and governments, while also highlighting the potential of innovative solutions to address democratic policy concerns. The organization undertakes research studies to explore various public policy solutions that cater to a broad spectrum of democratic policy issues.
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Impact
July, 2024
The Third Way Foundation Inc's impact is centered around advancing the cause of progressive government in America by promoting civic responsibility and public entrepreneurship. Through research studies of public policy solutions to various democratic policy concerns, the foundation aims to contribute to the development and implementation of progressive policies for the benefit of society. Based in Washington, DC, The Third Way Foundation Inc's work aligns with its mission to foster civic engagement and drive positive change in the public sector.
This information is meant to be a general summary of The Third Way Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $207,373
- Gross Receipts: $8,109,742
Assets and Liabilities:
- Total Assets: $13,009,369
- Total Liabilities: $4,794
- Net Assets: $13,004,575
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Organization Details
Founding Year
1989
Phone
(202) 525-3926Principal Officer
Lindsay Lewis
Main Address
1156 15TH STREET NW 400, WASHINGTON, DC, 20005
Website
www.progressivepolicy.orgNTEE Category
Code: W20 - Public benefit
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