THIRD WAY INSTITUTE SUPPORTS CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE CENTRIST SOLUTIONS TO MAJOR ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.3M
-11.2% YoY
Annual Giving
$21.9M
+10.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$21.9M
+10.6% YoY
About Third Way Institute
Based on IRS filings
Third Way Institute is a nonprofit organization focused on Civil Rights, Social Action & Advocacy, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.3M in total assets. In 2024, it awarded 1 grants totaling $21.9M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,311,002 | $31,865,844 | $31,095,329 |
| Revenue | $19,278,889 | $18,435,203 | $16,673,694 |
| Expenses | $22,331,511 | $20,439,102 | $18,624,669 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,847,122 | $745,671 | $249,840 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Third Way ($21,902,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THIRD WAY WASHINGTON, DC | SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES RELATED TO ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES AND PROVIDE INSIGHT INTO THE BELIEFS AND POLICY PREFERENCES OF SELF-IDENTIFIED MODERATES. | $21,902,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN COWAN | PRESIDENT | 4 | — |
| DAVID HELLER | TRUSTEE | 2 | — |
| JACQUIE LAWING EBERT | TRUSTEE | 2 | — |
| THURGOOD MARSHALL JR | TRUSTEE | 2 | — |
| ROGAN KERSH | TRUSTEE | 2 | — |
| STEVE J DIETERLE CFO | BOARD TREASURER | 2 | — |
| MATTHEW BENNETT | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Third Way Institute?
Third Way Institute is a nonprofit organization focused on Civil Rights, Social Action & Advocacy, based in WASHINGTON, DC. It holds $28.3M in total assets as of 2024.
How large is Third Way Institute?
As of 2024, Third Way Institute holds $28.3M in total assets with $19.3M in annual revenue. It awarded 1 grants totaling $21.9M in 2024.
Where does Third Way Institute operate?
Third Way Institute has awarded grants in District of Columbia.
What size grants does Third Way Institute award?
In 2024, Third Way Institute awarded 1 grants totaling $21.9M — an average of about $21.9M per grant, based on its IRS Form 990 filings.
What is Third Way Institute's EIN?
Third Way Institute's EIN (Employer Identification Number) is 26-0535276. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Third Way Institute's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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