Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

Third Way is a public policy nonprofit focused on researching and developing centrist policy ideas, with work spanning democracy, immigration and naturalization, higher education, national defense, and related policy areas. In filing year 2024, it reported an operating budget of $22.9M and total revenue of $31.7M; among its top funders were THIRD WAY INSTITUTE, Breakthrough Energy Action Inc, and Breakthrough Energy Foundation.

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Mission Statement

TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS.

Cause Areas

14
Trade
Elementary and secondary education
Higher education
Social rights
Web-based media
Nonprofits
Philanthropy and public policy
Venture philanthropy
Democracy
Leadership development
Customs and border control
Immigration and naturalization
National defense
Public policy
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Financials

2024
Revenues
$31.7M
Expenses
$24.5M
Net Income:
+$7.2M
Assets
$66M
Liabilities
$7.2M
Net Assets:
+$58.7M

Financial Trends

2024
Operating Budget
$22.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
THIRD WAY INSTITUTE
Washington, DC, US
$129.8M
100%
Breakthrough Energy Action Inc
Kirkland, WA, US
$3.7M
3%
Breakthrough Energy Foundation
Kirkland, WA, US
$2.1M
2%

Grants Received

2024
Total No. of Grants
10
Median grant size
$55K
Largest grant received
$21.9M

Board & Team

J
Jonathan Cowan
Board Member
B
Bob Goodman
Board Member
G
Georgette Bennett
Board Member
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  • 35 funders
  • 89 board & team members
  • 13 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THIRD WAY’s budget?
In 2024, THIRD WAY reported an annual operating budget of around $22.9 million. More detailed financial information is available to registered users.
What causes does THIRD WAY support?
THIRD WAY supports work in Trade, Elementary and secondary education, Higher education, Social rights, Web-based media, Nonprofits, Philanthropy and public policy, Venture philanthropy, Democracy, Leadership development, Customs and border control, Immigration and naturalization, National defense, and Public policy.
Where does THIRD WAY operate?
THIRD WAY is headquartered in Washington, DC.
Who funded THIRD WAY recently?
In 2024, THIRD WAY received grants from THIRD WAY INSTITUTE, Breakthrough Energy Action Inc, and NUCLEAR ENERGY INSTITUTE INC. More information on this organization’s funders is available to registered users.
What is the largest grant THIRD WAY received in 2024?
The largest grant to THIRD WAY in 2024 exceeds $21.9 million.