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Nonprofiteer
← THIRD WAY

Form 990 for tax year 2022

Filed by THIRD WAY.

Totals

Total revenue
$27,422,767
Total expenses
$23,095,434
Contributions and grants received
$27,397,835
Grants paid
$320,528
Program service revenue
$0
Investment income
$24,932
Other revenue
$0
Total assets, end of year
$48,609,569
Total liabilities, end of year
$8,226,347
Net assets or fund balances, end of year
$40,383,222
Program services expenses (Part IX)
$21,629,935
Management and general expenses
$1,290,835
Fundraising expenses
$174,664
Program service expenses (Part III)
$21,629,935

Program services were 93.7% 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

    $2,939,500

  • 1d · Related organizations

    $18,088,982

  • 1f · All other contributions, gifts and grants

    $6,369,353

  • 3 · Investment income

    total $318,037 · excluded $318,037

  • 7a · Gross sales of assets other than inventory

    securities $5,622,010

  • 7b · Less cost or other basis and sales expenses

    securities $5,915,115

  • 7c · Gain or loss

    securities -$293,105

  • 7d · Net gain or loss

    total -$293,105 · excluded -$293,105

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $253,301 · program services $253,301

  • 3 · Grants to foreign organizations and individuals

    total $67,227 · program services $67,227

  • 5 · Compensation of officers, directors and key employees

    total $1,468,061 · program services $1,369,711 · management and general $98,318 · fundraising $32

  • 7 · Other salaries and wages

    total $5,836,170 · program services $5,204,784 · management and general $617,058 · fundraising $14,328

  • 8 · Pension plan contributions

    total $227,897 · program services $201,047 · management and general $26,850

  • 9 · Other employee benefits

    total $458,834 · program services $398,469 · management and general $57,620 · fundraising $2,745

  • 10 · Payroll taxes

    total $515,354 · program services $457,928 · management and general $57,263 · fundraising $163

  • 11b · Fees: legal

    total $62,216 · program services $9,478 · management and general $52,738

  • 11c · Fees: accounting

    total $81,234 · program services $63,727 · management and general $16,895 · fundraising $612

  • 11e · Fees: professional fundraising services

    total $145,000 · fundraising $145,000

  • 11f · Fees: investment management

    total $90,764 · management and general $90,764

  • 11g · Fees: other

    total $8,176,038 · program services $8,085,264 · management and general $90,774

  • 12 · Advertising and promotion

    total $3,152,052 · program services $3,152,052

  • 13 · Office expenses

    total $161,689 · program services $119,985 · management and general $40,304 · fundraising $1,400

  • 14 · Information technology

    total $568,950 · program services $520,947 · management and general $44,014 · fundraising $3,989

  • 16 · Occupancy

    total $582,291 · program services $581,366 · management and general $881 · fundraising $44

  • 17 · Travel

    total $238,529 · program services $205,232 · management and general $28,357 · fundraising $4,940

  • 19 · Conferences, conventions and meetings

    total $499,196 · program services $490,373 · management and general $8,823

  • 22 · Depreciation, depletion and amortization

    total $241,069 · program services $233,664 · management and general $6,629 · fundraising $776

  • 23 · Insurance

    total $47,641 · program services $47,139 · management and general $458 · fundraising $44

  • 24a · Other expenses: STAFF DEVELOPMENT/RECRU

    total $137,907 · program services $89,851 · management and general $47,841 · fundraising $215

  • 24b · Other expenses: REFERENCE MATERIALS

    total $50,978 · program services $48,803 · management and general $2,175

  • 24c · Other expenses: PANTRY SUPPLIES

    total $20,343 · program services $17,629 · management and general $2,433 · fundraising $281

  • 24d · Other expenses: JOB ADS

    total $7,095 · program services $6,528 · management and general $492 · fundraising $75

  • 24e · All other expenses

    total $5,598 · program services $5,430 · management and general $148 · fundraising $20

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $238 · end of year $238

  • 2 · Savings and temporary cash investments

    beginning of year $13,037,472 · end of year $11,035,431

  • 3 · Pledges and grants receivable

    beginning of year $130,390 · end of year $20,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $246,079 · end of year $257,948

  • 10a · Land, buildings and equipment: cost or other basis

    $1,836,250

  • 10b · Land, buildings and equipment: accumulated depreciation

    $805,021

  • 10c · Land, buildings and equipment, net

    beginning of year $1,277,099 · end of year $1,031,229

  • 11 · Investments: publicly traded securities

    beginning of year $22,574,624 · end of year $22,447,403

  • 12 · Investments: other securities

    beginning of year $4,869,605 · end of year $5,122,853

  • 15 · Other assets

    beginning of year $4,270,024 · end of year $8,694,467

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,458,779 · end of year $1,713,273

  • 19 · Deferred revenue

    beginning of year $873,514 · end of year $1,816,190

  • 25 · Other liabilities

    beginning of year $1,571,014 · end of year $4,696,884

  • 27 · Net assets without donor restrictions

    beginning of year $42,371,834 · end of year $40,252,832

  • 28 · Net assets with donor restrictions

    beginning of year $130,390 · end of year $130,390

Mission and programs · 2022

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 THE CLIMATE AND ENERGY PROGRAM'S MISSION IS TO USE FEDERAL INVESTMENT AND AN INNOVATION-FIRST STRATEGY TO USE EVERY LOW AND ZERO-CARBON RESOURCE TO MAKE AMERICAN ENERGY AFFORDABLE, RELIABLE, SECURE, AND CLEAN. WITH THE PASSAGE OF THE INFLATION REDUCTION ACT, 2022 WAS A TRANSFORMATIVE YEAR FOR BOTH THE UNITED STATES' CLEAN ENERGY AND CLIMATE POLICY AS WELL AS OUR PROGRAM. WE DID THIS BY 1) CHANGING THE NARRATIVE, 2) CREATING A MOVEMENT, AND 3) TURNING IDEAS INTO LAW. CHANGING THE NARRATIVE: WE SHIFTED THE CONVERSATION AWAY FROM A 'RENEWABLES ONLY' APPROACH TO CLIMATE BY: ADVOCATING FOR THE DEVELOPMENT AND DEPLOYMENT OF EACH AND EVERY TECHNOLOGY THAT HAS POTENTIAL TO COMBAT CLIMATE CHANGE; BRINGING TECHNOLOGIES THAT ARE OFTEN IGNORED TO THE FOREFRONT OF THE CONVERSATION; MAKING THE EVIDENCE-BASED CASE FOR TECHNOLOGIES BY CONVEYING THEIR POTENTIAL FOR GROWTH; AND ENGAGING WITH KEY MEDIA OUTLETS TO ENSURE OUR NARRATIVE REACHES A DIVERSE AUDIENCE.CREATING A MOVEMENT: WE CONSTRUCTED AN INFORMAL COALITION OF PARTNERS BY: IDENTIFYING ORGANIZATIONS WORKING ON SIMILAR PRIORITIES IN THE CLIMATE AND ENERGY REALM; COVERING A BROAD IDEOLOGICAL SPECTRUM OF ORGANIZATIONS FROM CENTER-LEFT TO CENTER-RIGHT; AND ALIGNING ON PRIORITIES IN ORDER TO OVERCOME POLITICAL HURDLES AND MAKE MORE HEADWAY AS A COALITION. TURNING IDEAS INTO LAW: WE CEMENTED OUR APPROACH TO CLIMATE AND ENERGY INTO LAW BY: DEVELOPING THE FOUNDATIONAL BLUEPRINT OF THE INFLATION REDUCTION ACT BY FILLING IN POLICY GAPS AND EDUCATING POLICYMAKERS; BUILDING POLICYMAKER SUPPORT FOR CLIMATE AND ENERGY POLICY THAT GENERATES ECONOMIC GROWTH AND OPPORTUNITY; AND CONDUCTING ANALYSIS THAT DEMONSTRATES THE INFRASTRUCTURE AND JOB BENEFITS TO EMBRACING A TECHNOLOGY FORWARD APPROACH.

    Expenses $14,111,063 · Grants $92,528

  • SOCIAL POLICY AND POLITICSIN 2022, THE SOCIAL POLICY, EDUCATION & POLITICS PROGRAM FOCUSED ON 1) UNDERSTANDING THE PERSPECTIVES AND PRIORITIES OF AMERICAN VOTERS AND ANALYZING THE DIFFERENCES IN THEIR APPROACHES TO THE MOST SALIENT POLITICAL ISSUES BASED ON EDUCATION LEVEL, GEOGRAPHY, AND OTHER KEY DEMOGRAPHIC DISTINCTIONS, 2) OFFERING A COMPREHENSIVE FEDERAL COLLEGE QUALITY AGENDA THAT SHIFTS FOCUS FROM COST TO VALUE AMONG POLICYMAKERS, THE PRESS, AND OTHER INFLUENCERS AND 3) ADDRESSING THREATS ON CONTENTIOUS SOCIAL ISSUES AND ASSISTING POLICYMAKERS IN TALKING ABOUT THESE ISSUES IN A WAY THAT HAS BROAD APPEAL. UNDERSTANDING AMERICAN VOTERS ON KEY ISSUES: OUR POLITICS TEAM DOVE DEEPLY INTO A VARIETY OF DATA SOURCES AND RESEARCH PROJECTS TO HELP POLICYMAKERS BETTER UNDERSTAND THE VOTERS THEY PURPORT TO REPRESENT ON THE KEY ISSUES UNDER DISCUSSION INSIDE THE BELTWAY, INCLUDING BY: UTILIZING CATALIST VOTER FILE DATA AND OTHER ELECTORAL DATA SOURCES TO DRAFT REPORTS ANALYZING AND EXPLAINING THE AMERICAN ELECTORATE AND DIFFERENCES ACROSS DEMOGRAPHIC CATEGORIES, STATES, AND DISTRICTS; CONDUCTING QUALITATIVE AND QUANTITATIVE PUBLIC OPINION RESEARCH TO BETTER UNDERSTAND WHAT CRITICAL VOTER GROUPS PRIORITIZE, HOW THEY THINK ABOUT CURRENT ISSUES UNDER DEBATE, AND WHAT THEY WANT FROM CANDIDATES AND POLICYMAKERS; TRACKING HOW FAR-LEFT CANDIDATES PERFORM COMPARED TO THOSE CARRYING A MORE MAINSTREAM AGENDA, TO MAKE THE CASE THAT MAINSTREAM IDEAS HAVE BROADER APPEAL WITH AMERICAN VOTERS; ANDBUILDING OUT AN EVIDENCE-BACKED CAMPAIGN SHOWING THAT RUNNING A WELL-FINANCED THIRD-PARTY PRESIDENTIAL CANDIDATE POSES A THREAT TO THE DEMOCRATIC COALITION AND WOULD BE A BOOST FOR DONALD TRUMP OR A TRUMP ACOLYTE. SHIFTING THE FOCUS IN HIGHER EDUCATION FROM COST TO VALUE: OUR EDUCATION TEAM WORKED TO BUILD THE ADVOCACY AND POLICY INFRASTRUCTURE TO PUSH FOR ACTIONABLE POLICY SOLUTIONS THAT HELP STUDENTS AND TAXPAYERS GET A GREATER RETURN ON THEIR HIGHER EDUCATION INVESTMENT AT THE FEDERAL LEVEL. OUR WORK ENSURED THAT FEDERAL POLICYMAKERS KNOW THEY CANNOT ADDRESS THE MYRIAD OF PROBLEMS IN OUR HIGHER EDUCATION SYSTEM WITHOUT TAKING SIGNIFICANT STEPS TO IMPROVE QUALITY, ACCOUNTABILITY, AND VALUE. THIS INCLUDED: CONDUCTING PUBLIC OPINION RESEARCH TO UNDERSTAND HOW AMERICANS ACROSS THE IDEOLOGICAL SPECTRUM THINK ABOUT QUALITY IN THE HIGHER EDUCATION CONTEXT AND DEMONSTRATE THE BROAD SUPPORT FOR INCREASED ACCOUNTABILITY IN OUR HIGHER EDUCATION SYSTEM; PRODUCING EASY-TO-UNDERSTAND TRANSLATORS, INFOGRAPHICS, VIDEOS, AND REPORTS ANALYZING PUBLICLY AVAILABLE DATA ABOUT STUDENT OUTCOMES IN HIGHER EDUCATION, CALLING ATTENTION TO THE NEED TO IMPROVE THOSE OUTCOMES AND INCREASE THE RETURN ON INVESTMENT FOR BOTH STUDENTS AND TAXPAYERS IN HIGHER EDUCATION; HOSTING VIRTUAL EVENTS AND DEPLOYING DIGITAL MEDIA CAMPAIGNS TO DEMYSTIFY COMPLICATED TOPICS IN HIGHER EDUCATION AND HIGHLIGHT THE NEED FOR NEW POLICY SOLUTIONS THAT INCENTIVIZE HIGHER EDUCATION INSTITUTIONS TO FOCUS ON IMPROVING STUDENT OUTCOMES; AND MAKING OUR CASE AGAINST THE ADMINISTRATION'S PROPOSAL FOR FEDERAL STUDENT LOAN CANCELLATION THROUGH A SERIES OF ADVOCACY EFFORTS, PUBLIC AND PRIVATE PRODUCTS, MEDIA OUTREACH, AND MORE. ADDRESSING THREATS ON SOCIAL ISSUES: WE REMAINED COMMITTED TO ADDRESSING THREATS TO AMERICAN VALUES AND VULNERABLE POPULATIONS ON KEY SOCIAL AND CULTURAL ISSUES. WE EMPLOYED VARIOUS TACTICS TO MAKE PROGRESS ON IMMIGRATION, GUN SAFETY, LGBT RIGHTS, REPRODUCTIVE RIGHTS, AND COMMUNITY-BASED POLICING REFORM. THIS INCLUDED: DRAFTING AND RELEASING MEMOS THAT EXPLAIN THE MAJOR SUPREME COURT CASES THAT COULD IMPACT SOCIAL POLICY IN ADVANCE OF THEIR DECISION BY THE COURT, IN PARTICULAR THE FUTURE OF REPRODUCTIVE RIGHTS IN AMERICA FOLLOWING THE REVERSAL OF ROE V. WADE; CRAFTING COMMON-SENSE PROPOSALS FOR EXECUTIVE ACTION ON GUN SAFETY, CRIME, REPRODUCTIVE RIGHTS, AND OTHER ISSUES THAT ARE STALLED IN THE CURRENT CONGRESS; ANALYZING AND PRODUCING PUBLIC REPORTS ON IMMIGRATION TOPICS THAT ARE UNDER DISCUSSION AT THE STATE AND FEDERAL LEVEL, INCLUDING POLICY CHANGES DURING THE PANDEMIC, PROPOSED CHANGES TO ASYLUM LAW, AND EFFORTS TO PROTECT THE DREAMER, AGRICULTURAL WORKER, AND TEMPORARY PROTECTED STATUS POPULATIONS; CONDUCTING PUBLIC OPINION RESEARCH TO BETTER UNDERSTAND HOW THE POLITICAL SENSITIVITIES AND MESSAGING THAT RESONATES WITH VOTERS FOR TRANSGENDER YOUTH; AND HIGHLIGHTING THE POLICY PROGRESS MADE BY STATES ACROSS THE COUNTRY (RED, PURPLE, AND BLUE) ON POLICING REFORM AND OFFERING PROPOSALS THAT COULD HELP POLICYMAKERS BRIDGE THE DIVIDE TO PASS REFORMS AT THE FEDERAL LEVEL.

    Expenses $4,487,187 · Grants $13,000

  • ECONOMICS PROGRAM IN 2022, OUR ECONOMIC PROGRAM FOCUSED ON THREE CORE AREAS: 1) ADVANCING A HEALTH CARE AGENDA THAT FOCUSES ON AFFORDABILITY, 2) ADVANCING THE CASE FOR A NEW CONTRACT ON WORK FOR AMERICAN WORKERS, AND 3) LAUNCHING A NEW EFFORT ON ENTREPRENEURIAL EQUITY. HEALTH CARE AFFORDABILITY: AS POLICYMAKERS GRAPPLED WITH HOW TO ADDRESS LARGE COSTS THROUGHOUT THE HEALTH CARE SYSTEM, OUR TEAM PROVIDED EXTENSIVE ANALYSIS AND POLICY DEVELOPMENT. WORK INCLUDED: DEVELOPING POLICY ON HOW TO IMPROVE CANCER CARE AND LOWER COSTS; DEVELOPING ANALYSIS AROUND WHY THERE IS INEQUITY THROUGHOUT THE AMERICAN HEALTH CARE SYSTEM; CONDUCTING EXTENSIVE ANALYSIS OF THE FAMILY GLITCH, WHICH LEAVES MIDDLE- AND LOW-INCOME FAMILIES WITH EMPLOYMENT-BASED COVERAGE EXPOSED TO HIGH INSURANCE PREMIUMS, AS WELL AS THE IMPACT OF A COST CAP ON FAMILIES.NEW CONTRACT ON WORK: AS POLICYMAKERS LOOK TOWARD A POST-COVID ECONOMY, THERE IS SIGNIFICANT DEMAND FOR ANALYSIS AND POLICY SOLUTIONS TO ENSURE THAT WORK IN THIS NEW ERA LEADS TO A GOOD LIFE AND ECONOMIC OPPORTUNITY IS AVAILABLE TO ALL. WORK INCLUDED: BUILDING A SERIES OF POLICY IDEAS TO EXPAND WORKFORCE DEVELOPMENT AND SKILLS TRAINING THROUGH REAUTHORIZATION OF THE WORKFORCE INNOVATION AND OPPORTUNITY ACT; ANALYZING THE EFFECT OF INFLATION ON AMERICAN FAMILIES AND DEVELOPING POLICY SOLUTIONS TO REDUCE INFLATIONARY PRESSURE; DEVELOPING AN EXPLAINER ON HOW GIG WORKERS ARE CURRENTLY PROTECTED AT THE STATE AND INTERNATIONAL LEVELS; RESEARCHING HOW REDUCING THE RED TAPE AROUND SUPPLY CHAINS COULD CREATE MORE JOBS IN THE UNITED STATES.ENTREPRENEURIAL EQUITY: ENTREPRENEURIAL SUCCESS IS ONE OF THE GREATEST DRIVERS OF WEALTH CREATION AND MUST BE AT THE CENTER OF ANY NATIONAL EFFORT TO CREATE RACIAL EQUITY AND EXPAND ECONOMIC OPPORTUNITY. YET, RIGHT NOW, THERE ARE FAR TOO FEW FEMALE AND MINORITY ENTREPRENEURS. TO FUNDAMENTALLY CHANGE THAT AND CREATE A POST-PANDEMIC ECONOMY THAT IS STRONGER AND MORE EQUITABLE, THIRD WAY AND THE NATIONAL URBAN LEAGUE LAUNCHED THE ALLIANCE FOR ENTREPRENEURIAL EQUITY. WORK INCLUDED: CONDUCTING EXTENSIVE RESEARCH UNPACKING ENTREPRENEURIAL EQUITY, FROM LOOKING AT WHY MINORITY BORROWERS CAN'T ACCESS LENDING CAPITAL TO THE DEARTH OF OPPORTUNITY FOR MINORITY CONTRACTING; AMPLIFYING OUR RESEARCH AND POINT OF VIEW THROUGHOUT LEADING MEDIA OUTLETS, INCLUDING THE WASHINGTON POST, CNN, BLOOMBERG, AXIOS, AND MORE; CONVENING AND EDUCATING LEADERS THROUGHOUT THE POLICYMAKING ECOSYSTEM ON THE NEED FOR ENTREPRENEURIAL EQUITY AND SPECIFIC BARRIERS THAT MUST BE ADDRESSED.

    Expenses $2,295,191 · Grants $215,000

  • NATIONAL SECURITY PROGRAMIN 2022, THE NATIONAL SECURITY PROGRAM HAD THREE MAIN THRUSTS 1) LAUNCHING THE US-CHINA DIGITAL WORLD ORDER INITIATIVE WHICH IS DESIGNED TO EDUCATE POLICYMAKERS ON CHINA'S GOALS FOR DIGITAL WORLD SUPREMACY, 2) NARROWING THE CYBER ENFORCEMENT GAP WITH AN EMPHASIS ON SPYWARE, AND 3) EDUCATING STAKEHOLDERS ON NAVIGATING NATIONAL SECURITY ISSUES.US-CHINA DIGITAL WORLD ORDER INITIATIVE: WE SUCCESSFULLY LAUNCHED THE PROGRAM WITH A MAJOR PUBLIC EVENT, THE RELEASE OF A PAPER AND THE ESTABLISHMENT OF AN ADVISORY BOARD. THROUGHOUT THE YEAR WE RELEASED ADDITIONAL PRODUCTS, HELD EVENTS OPEN TO POLICYMAKERS, PRESS AND PUBLIC, ATTENDED CONVENINGS AND GREW THE BOARD. OUR WORK: EDUCATED THE PUBLIC AND POLICYMAKERS ON THE NATIONAL SECURITY STAKES OF PREVAILING AGAINST CHINA AND ITS PLAN TO SURPASS THE US WITH DIGITAL GLOBAL SUPREMACY; HIGHLIGHTED THE NATIONAL SECURITY THREATS OF CHINA'S CAPABILITIES IN MASS SURVEILLANCE, RELENTLESS CENSORSHIP, AND AUTOMATED DISINFORMATION OPERATIONS; MADE THE CASE THAT A DIGITAL PRO-DEMOCRACY MODEL IS NEEDED TO COMPETE AGAINST THE ONGOING PROLIFERATION OF CHINA'S DIGITAL AUTOCRACY MODEL; HOSTED EVENTS AND MEETINGS TO HIGHLIGHT THE SERIOUS CONSEQUENCES IF CHINA PREVAILS IN CONTROLLING AND SETTING INTERNATIONAL NORMS AND STANDARDS IN THE DIGITAL AND CYBER SPACE; AND COLLABORATED WITH DOMESTIC AND INTERNATIONAL ORGANIZATIONS TO PERFORM RESEARCH AND DEVELOP A COALITION DEDICATED TO THIS EFFORT.CYBER ENFORCEMENT: IN 2022, OUR TEAM ADVANCED THIRD WAY'S POLICY IDEAS TO REDUCE THE CYBER ENFORCEMENT GAP, INCLUDING: WORKED WITH THE ADMINISTRATION AND CONGRESS TO IDENTIFY THE AUTHORITIES AND RESOURCES TO NEEDED TO EXECUTE SPECIFIC RECOMMENDATIONS TO COMBAT CYBER CRIME; RESEARCHED POLICY IDEAS ON HOW TO ADDRESS THE ROLE OF CRYPTOCURRENCY IN ENABLING THE RISE OF CYBER CRIME; AND RAISED PUBLIC AWARENESS ON THE IMPORTANCE OF CYBER ENFORCEMENT THROUGH MEDIA ENGAGEMENT AND PODCASTS.NATIONAL SECURITY EDUCATIONAL EFFORTS: OUR EDUCATIONAL EFFORTS ON NATIONAL SECURITY INCLUDED: EDUCATING A VARIETY OF STAKEHOLDERS ON HOW TO SUCCESSFULLY NAVIGATE NATIONAL SECURITY ISSUES IN THE CURRENT POLITICAL CLIMATE; AND HOLDING DISCUSSIONS WITH ALLIES AND KEY INFLUENCERS TO GAIN THEIR PERSPECTIVES ABOUT SHAPING EFFECTIVE MESSAGING ON TOP NATIONAL SECURITY ISSUES.

    Expenses $736,494

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JOHN L VOGELSTEIN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • 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

  • ROBERT DYSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MIKE EDWARDS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ANDREW FELDSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • BRIAN FRANK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • DAVID GREENWALD

    TRUSTEE UNTIL DEC. 2022

    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

    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

  • RACHEL PRITZKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM REEVES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • BERNARD SCHWARTZ

    TRUSTEE

    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

  • STEVE BENJAMIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • BOB GOODMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • RAY ROTHROK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • STEVEN GALBRAITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JONATHAN COWAN

    PRESIDENT

    Total calculated
    $449,101
    From this org
    $414,937
    From related orgs
    $0
    Other
    $34,164
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $412,388
    Bonus
    $0
    Other
    $2,549
    Deferred
    $12,200
    Nontaxable benefits
    $21,964
    Filer's total
    $449,101

  • ALISON KAY

    TRUSTEE AS OF DEC. 2022

    Total calculated
    $0
    Hours/week
    2

  • GRAVES TOMPKINS

    TRUSTEE AS OF DEC. 2022

    Total calculated
    $0
    Hours/week
    2

  • BRENDA BETHEA TREASURER AND

    CHIEF OPERATING OFFICER

    Total calculated
    $279,535
    From this org
    $251,386
    From related orgs
    $0
    Other
    $28,149
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $248,837
    Bonus
    $0
    Other
    $2,549
    Deferred
    $10,045
    Nontaxable benefits
    $18,104
    Filer's total
    $279,535

  • MATTHEW BENNETT SECRETARY AND

    EXE. VP OF PUBLIC AFFAIRS

    Total calculated
    $423,098
    From this org
    $383,379
    From related orgs
    $0
    Other
    $39,719
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $380,830
    Bonus
    $0
    Other
    $2,549
    Deferred
    $12,200
    Nontaxable benefits
    $27,519
    Filer's total
    $423,098

  • JAMES KESSLER

    EXE. VP OF POLICY

    Total calculated
    $419,644
    From this org
    $378,910
    From related orgs
    $0
    Other
    $40,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $375,346
    Bonus
    $0
    Other
    $3,564
    Deferred
    $12,200
    Nontaxable benefits
    $28,534
    Filer's total
    $419,644

  • CHAD FITZGERALD

    SR. ADVISOR TO THE PRESIDE

    Total calculated
    $238,317
    From this org
    $205,445
    From related orgs
    $0
    Other
    $32,872
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $204,957
    Bonus
    $0
    Other
    $488
    Deferred
    $8,297
    Nontaxable benefits
    $24,575
    Filer's total
    $238,317

  • GABRIEL A HORWITZ

    SVP, ECON PROGRAM

    Total calculated
    $274,273
    From this org
    $248,152
    From related orgs
    $0
    Other
    $26,121
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,535
    Bonus
    $0
    Other
    $617
    Deferred
    $10,021
    Nontaxable benefits
    $16,100
    Filer's total
    $274,273

  • LANAE M ERICKSON SR VP FOR

    SOCIAL POLICY & POLITICS

    Total calculated
    $264,565
    From this org
    $248,240
    From related orgs
    $0
    Other
    $16,325
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,623
    Bonus
    $0
    Other
    $617
    Deferred
    $10,012
    Nontaxable benefits
    $6,313
    Filer's total
    $264,565

  • JOSHUA FREED

    SVP, CLEAN ENERGY

    Total calculated
    $277,571
    From this org
    $246,273
    From related orgs
    $0
    Other
    $31,298
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,804
    Bonus
    $0
    Other
    $1,469
    Deferred
    $10,036
    Nontaxable benefits
    $21,262
    Filer's total
    $277,571

  • EMILY STERNFELD

    SR. VP OF DEV. & EXTERNAL

    Total calculated
    $233,204
    From this org
    $208,523
    From related orgs
    $0
    Other
    $24,681
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,945
    Bonus
    $0
    Other
    $578
    Deferred
    $8,688
    Nontaxable benefits
    $15,993
    Filer's total
    $233,204

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 W2 WAGES ARE PAID BY THIRD WAY FOR BOTH THE ORGANIZATION AND FOR THIRD WAY INSTITUTE, A RELATED ORGANIZATION. AMOUNTS ARE SPLIT WITH THE RELATED ORGANIZATION BASED ON COST SHARING.

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

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.

  • THIRD WAY INSTITUTE

    501(C)(3) · SEE PART VII · DE · controlled entity

    Directly controlled by THIRD WAY

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202341359349302239

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

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