Totals
- Total revenue
- $31,698,898
- Total expenses
- $24,538,373
- Contributions and grants received
- $29,460,953
- Grants paid
- $1,681,500
- Program service revenue
- $0
- Investment income
- $2,237,945
- Other revenue
- $0
- Total assets, end of year
- $65,953,090
- Total liabilities, end of year
- $7,228,492
- Net assets or fund balances, end of year
- $58,724,598
- Program services expenses (Part IX)
- $21,516,141
- Management and general expenses
- $2,489,527
- Fundraising expenses
- $532,705
- Program service expenses (Part III)
- $21,516,141
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$2,866,499
-
1d · Related organizations
$21,902,000
-
1f · All other contributions, gifts and grants
$4,692,454
-
3 · Investment income
total $2,085,797 · excluded $2,085,797
-
7a · Gross sales of assets other than inventory
securities $29,015,034
-
7b · Less cost or other basis and sales expenses
securities $28,862,886
-
7c · Gain or loss
securities $152,148
-
7d · Net gain or loss
total $152,148 · excluded $152,148
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,681,500 · program services $1,681,500
-
5 · Compensation of officers, directors and key employees
total $1,404,257 · program services $1,157,658 · management and general $246,579 · fundraising $20
-
7 · Other salaries and wages
total $8,263,087 · program services $7,172,830 · management and general $789,588 · fundraising $300,669
-
8 · Pension plan contributions
total $326,489 · program services $284,875 · management and general $30,068 · fundraising $11,546
-
9 · Other employee benefits
total $804,861 · program services $688,046 · management and general $91,434 · fundraising $25,381
-
10 · Payroll taxes
total $714,164 · program services $608,300 · management and general $82,159 · fundraising $23,705
-
11b · Fees: legal
total $262,196 · program services $98,786 · management and general $163,410
-
11c · Fees: accounting
total $119,867 · management and general $119,867
-
11e · Fees: professional fundraising services
total $140,900 · fundraising $140,900
-
11f · Fees: investment management
total $121,836 · management and general $121,836
-
11g · Fees: other
total $6,192,564 · program services $5,977,443 · management and general $215,121
-
12 · Advertising and promotion
total $572,247 · program services $571,107 · management and general $1,140
-
13 · Office expenses
total $156,579 · program services $76,765 · management and general $78,249 · fundraising $1,565
-
14 · Information technology
total $922,748 · program services $756,493 · management and general $154,651 · fundraising $11,604
-
16 · Occupancy
total $638,875 · program services $582,583 · management and general $50,099 · fundraising $6,193
-
17 · Travel
total $17,049 · program services $17,030 · management and general $19
-
19 · Conferences, conventions and meetings
total $1,499,321 · program services $1,416,314 · management and general $80,773 · fundraising $2,234
-
22 · Depreciation, depletion and amortization
total $274,376 · program services $127,376 · management and general $141,546 · fundraising $5,454
-
23 · Insurance
total $52,831 · program services $8,651 · management and general $44,114 · fundraising $66
-
24a · Other expenses: STAFF DEVELOPMENT
total $238,356 · program services $196,124 · management and general $40,093 · fundraising $2,139
-
24b · Other expenses: REFERENCE MATERIALS
total $72,277 · program services $63,568 · management and general $8,485 · fundraising $224
-
24c · Other expenses: PANTRY SUPPLIES
total $44,008 · program services $26,799 · management and general $16,221 · fundraising $988
-
24d · Other expenses: JOB ADS
total $6,410 · program services $1,036 · management and general $5,357 · fundraising $17
-
24e · All other expenses
total $11,575 · program services $2,857 · management and general $8,718
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $238
-
2 · Savings and temporary cash investments
beginning of year $18,875,386 · end of year $4,758,667
-
3 · Pledges and grants receivable
beginning of year $155,000 · end of year $27,136
-
9 · Prepaid expenses and deferred charges
beginning of year $336,770 · end of year $367,265
-
10a · Land, buildings and equipment: cost or other basis
$2,846,829
-
10b · Land, buildings and equipment: accumulated depreciation
$1,298,533
-
10c · Land, buildings and equipment, net
beginning of year $816,192 · end of year $1,548,296
-
11 · Investments: publicly traded securities
beginning of year $18,217,680 · end of year $23,553,974
-
12 · Investments: other securities
beginning of year $11,549,355 · end of year $27,729,390
-
15 · Other assets
beginning of year $7,674,013 · end of year $7,968,362
-
17 · Accounts payable and accrued expenses
beginning of year $1,039,378 · end of year $1,157,084
-
19 · Deferred revenue
beginning of year $2,542,406 · end of year $1,433,503
-
25 · Other liabilities
beginning of year $4,011,636 · end of year $4,637,905
-
27 · Net assets without donor restrictions
beginning of year $49,900,824 · end of year $58,697,462
-
28 · Net assets with donor restrictions
beginning of year $130,390 · end of year $27,136
Mission and programs · 2024
Mission
TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS.
-
PLEASE NOTE THAT FOR THIS PROGRAM, AND FOR ALL OF THE ORGANIZATION'S PROGRAMS, ALL REPORTS DEVELOPED BY THIRD WAY ARE MADE AVAILABLE TO THE GENERAL PUBLIC THROUGH ITS WEBSITE: WWW.THIRDWAY.ORG.CLIMATE AND ENERGY:IN 2024, THIRD WAY'S CLIMATE AND ENERGY PROGRAM HELPED SOLIDIFY THE UNITED STATES' POSITION AS A GLOBAL LEADER IN CLEAN ENERGY INNOVATION AND DEPLOYMENT. THIRD WAY FOCUSED THEIR EFFORTS ON ADDRESSING DEPLOYMENT CHALLENGES, CLARIFYING THE ECONOMIC AND NATIONAL SECURITY BENEFITS OF CLEAN ENERGY, AND SUPPORTING STRATEGIES THAT ACCELERATE PROGRESS. THIRD WAY'S WORK CENTERED ON THREE PRIORITIES: 1) EQUIPPING DECISION-MAKERS WITH DATA AND INSIGHT TO GUIDE THE ENERGY TRANSITION; 2) IDENTIFYING AND ADDRESSING NON-COST BARRIERS TO CLEAN ENERGY DEPLOYMENT; AND 3) INCREASING PUBLIC UNDERSTANDING OF THE BENEFITS OF CLEAN ENERGY.THIRD WAY BRIDGED GAPS IN THE CLEAN ENERGY ECONOMY BY PROVIDING STRATEGIC ANALYSIS AND SOLUTIONS. IN 2024 THIRD WAY'S TEAM:--DEVELOPED AN INTERACTIVE MAP HIGHLIGHTING JOB CREATION AND LOCAL INVESTMENT ACROSS 11 CLEAN ENERGY TECHNOLOGIES. THE TOOL ALSO FEATURED PROGRESS REPORTS ON TECHNOLOGY SUPPLY CHAINS TO HELP STAKEHOLDERS ASSESS AMERICA'S GLOBAL COMPETITIVENESS.--CONTINUED TO LEAD ON NUCLEAR ENERGY POLICY THROUGH RESEARCH IDENTIFYING GAPS IN WORKFORCE DEVELOPMENT, GLOBAL DEMAND TRENDS, AND NATIONAL SECURITY IMPLICATIONS. OUR FINDINGS INFORMED DISCUSSIONS AROUND MODERNIZING U.S. NUCLEAR INNOVATION AND DEPLOYMENT.--ANALYZED BARRIERS TO ELECTRIC VEHICLE DEPLOYMENT, INCLUDING INFRASTRUCTURE SHORTFALLS AND CONSUMER PERCEPTIONS, AND SHARED RECOMMENDATIONS FOR IMPROVING PUBLIC CHARGING PROGRAMS.--QUANTIFIED THE BENEFITS OF SUSTAINABLE AVIATION FUEL (SAF), CONTRIBUTING TO BROADER UNDERSTANDING OF ITS POTENTIAL TO REDUCE EMISSIONS AND IMPROVE AIR QUALITY IN U.S. COMMUNITIES.THIRD WAY PICKED UP THE PACE OF DEPLOYMENT BY REMOVING ROADBLOCKS AND STRENGTHENING IMPLEMENTATION PATHWAYS:--COORDINATED THE FIRST COMPREHENSIVE MODELING ANALYSIS OF BIPARTISAN PERMITTING REFORM PROPOSALS, PROVIDING KEY INFORMATION ABOUT THE TRADEOFFS OF THE ENERGY PERMITTING REFORM ACT.--CONDUCTED ANALYSIS ON PERMITTING CHALLENGES AND THEIR IMPLICATIONS FOR CLEAN ENERGY TIMELINES, OFFERING INSIGHTS THAT CAN GUIDE FUTURE PROPOSALS TO MODERNIZE REGULATORY PROCESSES.--ADVANCED WORK ON STRENGTHENING THE DOMESTIC NUCLEAR FUEL SUPPLY CHAIN, INCLUDING DETAILED ANALYSIS OF HIGH-ASSAY LOW-ENRICHED URANIUM (HALEU), NUCLEAR WASTE MANAGEMENT, AND FUEL CYCLE INFRASTRUCTURE.--SUPPORTED INTERNATIONAL COLLABORATION BY PROVIDING ANALYSIS ON THE BENEFITS OF U.S. CIVILIAN NUCLEAR DEPLOYMENT IN ALLIED COUNTRIES, FOCUSING ON OPPORTUNITIES IN EUROPE AND THE UNITED KINGDOM.--DEVELOPED EDUCATIONAL RESOURCES TO SUPPORT PUBLIC UNDERSTANDING OF CARBON DIOXIDE REMOVAL TECHNOLOGIES, WITH BEST PRACTICES FOR COMMUNITY ENGAGEMENT AND SITING.THIRD WAY SPREAD THE MESSAGE THAT CLEAN ENERGY IS AN ECONOMIC OPPORTUNITY FOR ALL AMERICANS:--CONDUCTED NATIONAL AND STATE-LEVEL SURVEYS TO EXAMINE HOW AMERICANS VIEW CLEAN ENERGY AMID RISING COSTS AND INFLATION. INSIGHTS FROM THIS RESEARCH HELPED INFORM MESSAGING STRATEGIES USED BY A RANGE OF PUBLIC AND PRIVATE STAKEHOLDERS.THIRD WAY EXPANDED THE COMMUNICATIONS REACH BY INCREASING PRESS MENTIONS OVER 30% FROM THE PREVIOUS YEAR AND MAINTAINING HIGH ENGAGEMENT RATES ACROSS OUR EMAIL, MEDIA, AND DIGITAL PLATFORMS.--PUBLISHED ACCESSIBLE, VISUAL TOOLS TO EXPLAIN THE CHALLENGES AND SOLUTIONS INVOLVED IN MODERNIZING THE ELECTRIC GRID, WITH A FOCUS ON ENSURING RELIABLE AND AFFORDABLE ELECTRICITY ACROSS THE COUNTRY.
Expenses $12,742,201
-
SOCIAL POLICY AND POLITICS:IN 2024, THIRD WAY'S SOCIAL POLICY, EDUCATION AND POLITICS TEAM FOCUSED ON THREE CORE AREAS: 1) DEFINING WHAT AMERICAN WANT FROM WASHINGTON; 2) CENTERING VALUE IN THE HIGHER EDUCATION DEBATE; AND 3) ADDRESSING THREATS ON SOCIAL ISSUES:DEFINING WHAT AMERICANS WANT FROM WASHINGTON: THIRD WAY'S POLITICS TEAM ANSWERED THIS QUESTION BY: --UTILIZING ELECTORAL DATA SOURCES INCLUDING THE CATALIST VOTER FILE, COOPERATIVE ELECTION STUDY, AND AP VOTECAST, TO DRAFT REPORTS ANALYZING AND EXPLAINING THE AMERICAN ELECTORATE AND DIFFERENCES IN OPINION, WORLDVIEW, AND VOTING BEHAVIOR ACROSS STATES AND DISTRICTS WITH A FOCUS ON KEY PRESIDENTIAL AND SENATE STATES AND BATTLEGROUND HOUSE DISTRICTS; --CONDUCTING QUALITATIVE AND QUANTITATIVE PUBLIC OPINION RESEARCH TO BETTER UNDERSTAND WHAT VOTERS PRIORITIZE, HOW THEY THINK ABOUT CURRENT ISSUES UNDER DISCUSSION IN THE ADMINISTRATION AND CONGRESS, AND WHAT THEY WANT FROM CANDIDATES AND POLICYMAKERS; --BUILDING A CASE AGAINST RUNNING A WELL-FINANCED THIRD-PARTY CANDIDATE IN THE 2024 PRESIDENTIAL ELECTION BY EMPLOYING HISTORICAL AND EMPIRICAL DATA TO SHOW THIS CANDIDATE WOULD HAVE NO PATH TO VICTORY AND COULD ONLY PLAY A ROLE AS A SPOILER FOR VOTERS; AND, --TRACKING HOW IDEOLOGICAL DIVERGENT CANDIDATES FARE IN PRIMARY AND GENERAL ELECTIONS IN 2024 TO CONTINUE YEARS OF WORK SHOWING AMERICANS CONTINUE TO GRAVITATE TO MAINSTREAM CANDIDATES OVER EXTREMISM.CENTERING VALUE IN THE HIGHER EDUCATION DEBATE: THIRD WAY'S EDUCATION TEAM CONTINUES TO LEAD A COORDINATED MOVEMENT TO CHANGE THE FEDERAL POLICY NARRATIVE ON HIGHER EDUCATION FROM COST TO RETURN ON INVESTMENT AND SOCIALIZE A SLATE OF ACTIONABLE, DEFENSIBLE SOLUTIONS TO IMPROVE POSTSECONDARY VALUE, QUALITY, AND ACCOUNTABILITY FOR STUDENTS AND TAXPAYERS. THIRD WAY ADVANCED THESE EFFORTS BY:--HOSTING THE PROGRAM'S LARGEST EVENT TO DATE, THE HIGHER ED VALUE SUMMIT, A CONFERENCE THAT BROUGHT TOGETHER EXPERTS IN THE FIELD, INCLUDING FORMER DEPARTMENT OF EDUCATION UNDER SECRETARY JAMES KVAAL AND OTHER NOTABLE INFLUENCERS, FOR A DAY OF LEARNING AND CONNECTION ON THE BIGGEST BARRIERS TO CENTERING VALUE IN THE INDUSTRY.--CONDUCTING LANDMARK PUBLIC OPINION RESEARCH ON HIGH SCHOOL STUDENTS, DEMONSTRATING THAT YOUNG AMERICANS STILL SEE VALUE IN PURSUING A COLLEGE DEGREE AND UNDERSTANDING THEIR BARRIERS TO THAT PURSUIT. --PUBLISHING THE FOURTH ANNUAL ECONOMIC MOBILITY INDEX, ALONG WITH A DEDICATED WEBSITE FOR OUR VALUE METRICS, TO CELEBRATE COLLEGES AND UNIVERSITIES THAT OPEN THEIR DOORS TO STUDENTS FROM LOW-INCOME BACKGROUNDS AND PRIORITIZE THEIR SUCCESS.--CHAMPIONING THE POSTSECONDARY STUDENT SUCCESS GRANT PROGRAM TO SUPPORT EVIDENCE-BASED COLLEGE RETENTION AND COMPLETION PROGRAMS AND MAKING THE CASE FOR MAKING THIS FUND PERMANENT.--WEIGHING IN ON THE FORMATION OF A NEW COLLEGE ACCREDITOR AND HOW THEY'RE DEVELOPING THEIR ACCREDITING STANDARDS TO HOLD THEM ACCOUNTABLE TO THEIR ROLE IN THE PROCESS OF IMPROVING OUTCOMES FOR STUDENTS. --DEVELOPING POLICY IDEAS FOR IMPROVING THE GRADUATE STUDENT LENDING SYSTEM, WHICH CURRENTLY DRIVES OUR HIGH OUTSTANDING FEDERAL STUDENT DEBT AND TAKES ADVANTAGE OF UNRESTRICTED TAXPAYER DOLLARS.ADDRESSING THREATS ON SOCIAL ISSUES: THIRD WAY REMAINS COMMITTED TO ADDRESSING THREATS TO AMERICAN VALUES AND VULNERABLE POPULATIONS ON KEY SOCIAL AND CULTURAL ISSUES. THIRD WAY EMPLOYED VARIOUS TACTICS TO MAKE PROGRESS ON CRIME, IMMIGRATION, AND LGBT RIGHTS IN THE PAST YEAR. THIS INCLUDED:--CONDUCTING AND RELEASING PUBLIC OPINION RESEARCH WITH OUTSIDE PARTNERS ON VOTERS' PERCEPTIONS OF CRIME. --TESTIFYING AT A CONGRESSIONAL HEARING ON CRIME TO PUSH BACK ON THE NARRATIVE THAT CRIME IS RAMPANT IN STATES LIKE CALIFORNIA AND MINNESOTA DUE TO CRIMINAL JUSTICE REFORMS.--PUBLISHING AND PRESENTING PUBLIC OPINION RESEARCH ON VOTERS' PERCEPTIONS ON IMMIGRATION AND THE SENATE'S BIPARTISAN BORDER BILL. --RELEASING A SERIES OF MEMOS PUSHING BACK ON MISINFORMATION ON ISSUES RELATED TO IMMIGRATION LIKE MIGRANT CRIME, MASS DEPORTATION, NONCITIZEN VOTING, AND MORE.--EDUCATING LEGISLATORS ON THE TITLE IX CONGRESSIONAL REVIEW ACT (CRA) VOTE AND HOW IT WOULD MAKE STUDENTS LESS SAFE.
Expenses $5,014,692 · Grants $1,425,500
-
ECONOMICS PROGRAM:IN 2024, THIRD WAY'S ECONOMIC PROGRAM FOCUSED ON THREE CORE AREAS: 1) MAKING THE MIDDLE CLASS MORE AFFORDABLE AND ATTAINABLE FOR NON-COLLEGE EDUCATED WORKERS; 2) STRENGTHENING THE AFFORDABLE CARE ACT AND LOWERING HEALTH CARE COSTS; AND 3) EXPANDING ENTREPRENEURIAL OPPORTUNITY IN AMERICA.MAKING THE MIDDLE CLASS AFFORDABLE AND ATTAINABLE: THERE ARE TWO AMERICAS TODAY-ONE FOR THE COLLEGE EDUCATED AND ONE FOR THOSE WITHOUT FOUR-YEAR DEGREES. WORKERS IN THESE ECONOMIES ARE WORLDS APART-THE TYPE OF WORK THEY DO, HOW THEY RECEIVE THEIR PAY, WHEN THEY START THEIR WORKDAY, AND THE BENEFITS THEY GET FROM EMPLOYMENT ARE NIGHT AND DAY. MUCH MORE MUST BE DONE TO MAKE A MIDDLE-CLASS LIFE MORE AFFORDABLE AND ATTAINABLE FOR ALL WORKERS-BUT ESPECIALLY THOSE WITHOUT A FOUR-YEAR COLLEGE DEGREE. WORK INCLUDED:--DEEP ANALYSIS OF THE NON-COLLEGE WORKFORCE, INCLUDING HOW THEY FARED OVER THE PANDEMIC, EXPERIENCES OF NON-COLLEGE VETERANS, ECONOMIC REALITIES OF NON-COLLEGE WOMEN, AND HOW WORK HAS SEPARATED BASED ON EDUCATION LEVEL.--RESEARCH INTO HOW ARTIFICIAL INTELLIGENCE IMPACTS THE ECONOMY, WORKFORCE, AND SMALL BUSINESSES.--ASSESSMENT OF HOW DIFFERENT POLICIES IMPACT ECONOMIC MOBILITY, INCLUDING PAID LEAVE AND POSTSECONDARY TRAINING.LOWERING HEALTH CARE COSTS: EVEN WITH THE IMMENSE SUCCESS OF THE AFFORDABLE CARE ACT (ACA), HEALTH CARE COSTS WILL CONTINUE TO RISE, MILLIONS CONTINUE TO BE UNINSURED OR UNDERINSURED, AND OVER 100 MILLION AMERICANS HAVE MEDICAL DEBT. FORTUNATELY, THE ACA PROVIDES A STRONG FOUNDATION TO BUILD UPON, AND THERE ARE NUMEROUS WAYS TO FINISH THE JOB THAT THE ACA STARTED AND MAKE HEALTH CARE AFFORDABLE AND ACCESSIBLE TO ALL. WORK INCLUDED:--ANALYSIS OF THE US HEALTH SYSTEM, INCLUDING HOW THE ACA IS HELPING TO PROTECT PATIENTS, WHY SOME HOSPITALS SUCCEED AND OTHERS DO NOT, AND HOW HOSPITALS ARE FINANCED THROUGHOUT THE COUNTRY.--SHOWING HOW TO LOWER COSTS BY MODERNIZING HOSPITALS, INCLUDING BANNING FACILITY FEES, IMPROVING CHARITY CARE, AND REFORMING INCENTIVES THAT ENCOURAGE CONSOLIDATION.--MAKING THE CASE ON HOW MEDICAL DEBT AFFECTS THE MIDDLE CLASS AND HOW TO REDUCE MEDICAL DEBT FOR MILLIONS ACROSS THE COUNTRY.EXPANDING ENTREPRENEURSHIP: STARTING A BUSINESS HAS ALWAYS BEEN A KEY PART OF THE AMERICAN DREAM. AND YET, ENTREPRENEURSHIP IN THIS COUNTRY IS EXCEPTIONALLY HARD. TWENTY-ONE PERCENT FAIL IN THEIR FIRST YEAR, AND ONLY 50% ARE STILL IN BUSINESS AFTER FIVE YEARS. MORE MUST BE DONE TO REMOVE BARRIERS TO STARTING AND SCALING BUSINESSES, ESPECIALLY FOR DISADVANTAGED COMMUNITIES. WORK INCLUDED:--EXTENSIVE RESEARCH UNPACKING WHO OWNS BUSINESSES IN AMERICA, HOW THOSE BUSINESSES ARE FARING, AND BARRIERS TO ENTREPRENEURSHIP.DEVELOPMENT OF POLICY IDEAS THAT WOULD MAKE IT EASIER FOR MORE PEOPLE TO START AND SCALE VENTURES, INCLUDING HOW TO TRIPLE THE NUMBER OF EXPORTERS, REFORM THE FEDERAL CONTRACTING SYSTEM, INCREASE CAPITAL ACCESS, AND HELP MORE PEOPLE TAKE THE FIRST STEP IN BUSINESS OWNERSHIP.
Expenses $3,328,404 · Grants $256,000
-
NATIONAL SECURITY PROGRAM:IN 2024, THE NATIONAL SECURITY PROGRAM FOCUSED MOST EXCLUSIVELY ON ARTIFICIAL INTELLIGENCE, BOTH DOMESTICALLY AND AS IT RELATES TO CHINA. IT IS CLEAR NOW THAT AI IS THE NEW ARMS RACE AND THAT BOTH THE UNITED STATES AND CHINA ARE WELL AHEAD OF THE REST OF THE WORLD. EACH COUNTRY HAS A DIFFERENT MODEL ON HOW IT WILL DEVELOP AI AND EACH HAS GOALS ON HOW IT IS REGULATED IN DEPLOYED. US-CHINA ON AI AND THE POWER COMPETITION: MORE THAN EVER, THE US-CHINA COMPETITION WILL BE DECIDED BY DIGITAL TECHNOLOGY AND AI. THE NATIONAL SECURITY PROGRAM HIGHLIGHTED THE IMPORTANCE AND CHALLENGES THE US FACES WITH CHINA. --THE AI RACE WILL BE SHAPED BY THE VALUES EACH COUNTRY HOLDS. THIRD WAY DISSECTED THE MAJOR VALUES AMERICA AND CHINA BRING TO AI INNOVATION AND INFORMED POLICYMAKERS AND THE PUBLIC HOW IT MAY DETERMINE WHO WINS THE AI RACE. --IN THIRD WAY'S PAPER TITLED CLASH OF THE TECH TITANS, WE ARGUED TO THE PUBLIC AND POLICYMAKERS THAT THE FRONTLINES IN THE US-CHINA DIGITAL COMPETITION ARE THE COMPANIES. THIRD WAY EDUCATED THE PUBLIC ON WHAT EACH COMPANY DOES, HOW THEY COMPETE, AND THE THREAT THE CHINESE COMPANIES POSE TO NATIONAL SECURITY AND PRIVACY. --THIRD WAY'S PAPER CHINA'S NERVOUS NEIGHBORS EDUCATED POLICYMAKERS AND THE PUBLIC ON HOW AMERICA'S ALLIANCES ARE DEEP, BUT CHINA'S ARE TRANSACTIONAL. WHILE AMERICA'S NEIGHBORS ARE TRUE FRIENDS AND PARTNERS; CHINA'S NEIGHBORS ARE WARY AND NERVOUS. THIRD WAY EXPLAINED CHINA'S CAPABILITIES OF REPRESSION THROUGH AI, MASS SURVEILLANCE, RELENTLESS CENSORSHIP, AND AUTOMATED DISINFORMATION OPERATIONS THAT THREATEN GLOBAL FREEDOMS;--THIRD WAY MADE THE CASE THAT A DIGITAL PRO-DEMOCRACY MODEL IS NEEDED TO SET INTERNATIONAL NORMS AND STANDARDS TO COMPETE AGAINST THE ONGOING PROLIFERATION OF CHINA'S DIGITAL AUTOCRACY MODEL.ARTIFICIAL INTELLIGENCE: HOW SHOULD POLICY MAKERS VIEW ARTIFICIAL INTELLIGENCE A THREAT, AN OPPORTUNITY, BOTH? THIRD WAY EXPLORED BOTH ENDS OF THE SPECTRUM:--THIRD WAY EDUCATED POLICYMAKERS AND THE PUBLIC ON WHAT IS NEW IN ARTIFICIAL INTELLIGENCE AND ARGUED THAT COMPETITION IS GOOD. --THIRD WAY EXPLORED A NEW AI TOPIC CALLED AGENTIC AI AND EXPLORED THE RAMIFICATION FOR POLICYMAKERS.--SHOULD AI BE DEVELOPED IN A CLOSED OR OPEN MODEL? THIRD WAY ANALYZED THE PLUSSES AND MINUSES OF OPEN SOURCE AI TO HELP POLICYMAKERS BETTER UNDERSTAND THIS COMPLICATED AND TECHNICAL ISSUE. --THIRD WAY DRAFTED MANY OTHER PAPERS ON AI, HELD AND ATTENDED DINNERS FOR POLICYMAKERS AIMED AT EXPLORING THE CONTOURS OF AI, PARTICIPATED IN PANELS, AND MADE MANY MEDIA APPEARANCES.
Expenses $430,844
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JONATHAN COWAN
PRESIDENT AND CEO
- Total calculated
- $454,588
- From this org
- $413,118
- From related orgs
- $0
- Other
- $41,470
- Hours/week
- 36 + 4 related
Schedule J breakdown matched by us
- Base
- $413,118
- Bonus
- $0
- Other
- $0
- Deferred
- $13,800
- Nontaxable benefits
- $27,670
- Filer's total
- $454,588
-
JOHN L VOGELSTEIN
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 3
-
RACHEL PRITZKER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
GEORGETTE BENNETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM BUDINGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAVID COULTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM DALEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOHN DYSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MIKE EDWARDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BRIAN FRANK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAVID HELLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
PETER JOSEPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DEREK KAUFMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DEREK KIRKLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DANIEL LEWIS
TRUSTEE UNTIL DECEMBER
- Total calculated
- $0
- Hours/week
- 2
-
THURGOOD MARSHALL JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
SUSAN MCCUE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DAVID HORVITZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM REEVES
TRUSTEE UNTIL DECEMBER
- Total calculated
- $0
- Hours/week
- 2
-
BERNARD SCHWARTZ
TRUSTEE UNTIL FEBRUARY
- Total calculated
- $0
- Hours/week
- 2
-
ALIX BURNS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTINE VARNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MARC SPILKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
TED TRIMPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA MANFREY VOGELSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
DOUGLAS LAWRENCE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOSEPH ZIMLICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
BOB GOODMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
RAY ROTHROCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
STEVEN GALBRAITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ALISON KAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
GRAVES TOMPKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
RAJ DATE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
STRAUSS ZELNICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
JOYCE ABOUSSIE
TRUSTEE AS OF JUNE
- Total calculated
- $0
- Hours/week
- 2
-
MATTHEW BENNETT SECRETARY AND
EXE. VP OF PUBLIC AFFAIRS
- Total calculated
- $420,593
- From this org
- $379,453
- From related orgs
- $0
- Other
- $41,140
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $379,453
- Bonus
- $0
- Other
- $0
- Deferred
- $13,800
- Nontaxable benefits
- $27,340
- Filer's total
- $420,593
-
STEVE J DIETERLE CFO
BOARD TREASURER
- Total calculated
- $188,420
- From this org
- $181,205
- From related orgs
- $0
- Other
- $7,215
- Hours/week
- 38 + 2 related
Schedule J breakdown matched by us
- Base
- $181,205
- Bonus
- $0
- Other
- $0
- Deferred
- $7,215
- Nontaxable benefits
- $0
- Filer's total
- $188,420
-
JAMES KESSLER
EXE. VP OF POLICY
- Total calculated
- $420,973
- From this org
- $377,021
- From related orgs
- $0
- Other
- $43,952
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $377,021
- Bonus
- $0
- Other
- $0
- Deferred
- $13,800
- Nontaxable benefits
- $30,152
- Filer's total
- $420,973
-
JOSHUA FREED SENIOR VP
OF CLEAN ENERGY
- Total calculated
- $332,808
- From this org
- $294,687
- From related orgs
- $0
- Other
- $38,121
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $294,687
- Bonus
- $0
- Other
- $0
- Deferred
- $12,032
- Nontaxable benefits
- $26,089
- Filer's total
- $332,808
-
GABRIEL A HORWITZ SENIOR
VP OF ECON PROGRAM
- Total calculated
- $325,730
- From this org
- $296,343
- From related orgs
- $0
- Other
- $29,387
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $296,343
- Bonus
- $0
- Other
- $0
- Deferred
- $12,026
- Nontaxable benefits
- $17,361
- Filer's total
- $325,730
-
LANAE M ERICKSON SR VP FOR
SOCIAL POLICY & POLITICS
- Total calculated
- $318,294
- From this org
- $299,942
- From related orgs
- $0
- Other
- $18,352
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $299,942
- Bonus
- $0
- Other
- $0
- Deferred
- $12,022
- Nontaxable benefits
- $6,330
- Filer's total
- $318,294
-
XIAVIAN ROMMELL BROWN
SENIOR DIRECTOR
- Total calculated
- $191,296
- From this org
- $178,811
- From related orgs
- $0
- Other
- $12,485
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,811
- Bonus
- $0
- Other
- $0
- Deferred
- $7,219
- Nontaxable benefits
- $5,266
- Filer's total
- $191,296
-
EMILY STERNFELD SENIOR VP
OF DEV. & EXTERNAL AFFAIRS
- Total calculated
- $259,351
- From this org
- $230,542
- From related orgs
- $0
- Other
- $28,809
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $230,542
- Bonus
- $0
- Other
- $0
- Deferred
- $9,447
- Nontaxable benefits
- $19,362
- Filer's total
- $259,351
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- FORM 990, SCHEDULE J, PART II:
- ALL EMPLOYEES' WAGES (REPORTED ON FORM W-2) ARE PAID BY THIRD WAY. HOWEVER, BECAUSE EMPLOYEES PERFORM WORK FOR BOTH THIRD WAY AND THIRD WAY INSTITUTE, THE COSTS ARE SHARED. THIRD WAY TRACKS AND ANALYZES HOW MUCH TIME AND EXPENSE IS DEVOTED TO EACH ORGANIZATION, THEN ALLOCATES EXPENSES ACCORDINGLY BETWEEN THE TWO ENTITIES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$475,000
CHARITABLE CONTRIBUTION TO SUPPORT WORK FIGHTING RIGHT-WING EXTREMISM AND ANTI-DEMOCRATIC FORCES.
-
$256,000
TO FURTHER THE GOALS OF THE ALLIANCE FOR ENTREPRENEURIAL EQUITY INITIATIVE TO START AND EXPAND SUCCESSFUL BUSINESSES
-
MODERATE POWER VENTURE FUND
-
$180,000
MODERATE POWER PROJECT
-
$150,000
MODERATE POWER VENTURE PROJECT
-
$125,000
MODERATE POWER VENTURE FUND
-
$100,000
MODERATE POWER VENTURE FUND
-
$75,000
MODERATE POWER VENTURE PROJECT
-
$65,000
TO SUPPORT EDUCATION AND COMMUNICATION ACTIVITIES ON CLEAN ENERGY INVESTMENTS
-
$50,000
MODERATE POWER VENTURE FUND
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SEE PART VII · DE · controlled entity
Directly controlled by THIRD WAY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533159349301588
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.