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Nonprofiteer
← THE THIRD WAY FOUNDATION INC

Form 990 for tax year 2024

Filed by THE THIRD WAY FOUNDATION INC.

Totals

Total revenue
$11,097,849
Total expenses
$10,900,240
Contributions and grants received
$9,657,772
Grants paid
$426,250
Program service revenue
$0
Investment income
$1,074,226
Other revenue
$365,851
Total assets, end of year
$19,110,224
Total liabilities, end of year
$2,526,573
Net assets or fund balances, end of year
$16,583,651
Program services expenses (Part IX)
$10,467,743
Management and general expenses
$432,497
Fundraising expenses
$0
Program service expenses (Part III)
$10,467,743

Program services were 96.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • WILLIAM MARSHALL

    PRESIDENT

    Total calculated
    $1,119,741
    From this org
    $1,085,908
    From related orgs
    $0
    Other
    $33,833
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,085,908
    Bonus
    not reported
    Other
    not reported
    Deferred
    $33,833
    Nontaxable benefits
    not reported
    Filer's total
    $1,119,741

  • LINDSAY LEWIS

    EXECUTIVE DI

    Total calculated
    $335,329
    From this org
    $297,600
    From related orgs
    $0
    Other
    $37,729
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $297,600
    Bonus
    not reported
    Other
    not reported
    Deferred
    $37,729
    Nontaxable benefits
    not reported
    Filer's total
    $335,329

  • MICHAEL MANDEL

    CHIEF ECONOM

    Total calculated
    $273,665
    From this org
    $240,000
    From related orgs
    $0
    Other
    $33,665
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $33,665
    Nontaxable benefits
    not reported
    Filer's total
    $273,665

  • DIANA MOSS

    VICE PRESIDE

    Total calculated
    $273,665
    From this org
    $240,000
    From related orgs
    $0
    Other
    $33,665
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $33,665
    Nontaxable benefits
    not reported
    Filer's total
    $273,665

  • EDWARD GRESSER

    VICE PRESIDE

    Total calculated
    $251,195
    From this org
    $219,000
    From related orgs
    $0
    Other
    $32,195
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $32,195
    Nontaxable benefits
    not reported
    Filer's total
    $251,195

  • BENJAMIN RITZ

    DIRECTOR

    Total calculated
    $203,223
    From this org
    $174,167
    From related orgs
    $0
    Other
    $29,056
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,167
    Bonus
    not reported
    Other
    not reported
    Deferred
    $29,056
    Nontaxable benefits
    not reported
    Filer's total
    $203,223

  • BRUNO MANNO

    SENIOR ADVIS

    Total calculated
    $200,271
    From this org
    $171,408
    From related orgs
    $0
    Other
    $28,863
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,408
    Bonus
    not reported
    Other
    not reported
    Deferred
    $28,863
    Nontaxable benefits
    not reported
    Filer's total
    $200,271

  • JOHNATHAN ADELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETH BOWYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM BUDINGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRODI FONTENOT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BILL GALSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PAUL WEINSTEIN JR

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    2

  • CHRIS KELLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBIN LAKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BERNIE MCKAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

None.

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

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

  • RPK GROUP

    $96,250

  • MORRIS COMMUNITY COLLEGE

    $60,000

  • LORIAN COMMUNITY COLLEGE

    $60,000

  • NOVA COMMUNITY COLLEGE

    $60,000

  • CUYAHOGA COMMUNITY COLLEGE

    $30,000

  • BRIDGE VALLEY COMMUNITY COLLEGE

    $30,000

  • SAN JACINTO COMMUNITY COLLEGE

    $30,000

  • SOUTH CENTRAL COMMUNITY COLLEGE

    $30,000

  • FOOTHILL COMMUNITY COLLEGE

    $30,000

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.

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.0
Source object
202513029349302656

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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