Third Way Institute
THIRD WAY INSTITUTE SUPPORTS CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE CENTRIST SOLUTIONS TO MAJOR ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES.
Key facts about Third Way Institute
- EIN
- 26-0535276
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $21,902,000
- Grants made (2024)
- 1
- Average grant
- $21,902,000
- Median grant
- $21,902,000
- Total assets
- $28,311,002
- Primary geography
- District of Columbia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Third Way Institute gives
- Giving grew 70% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Third Way Institute
- How to evaluate Third Way Institute as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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 grant totaling $21.9M. Net investment income was $1.8M.
Focus Areas
Ready to take the next step with Third Way Institute?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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 2021 IRS filing
From 2024 IRS 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 grant 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 grant 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.