Third Way Institute

WASHINGTON, DC EIN: 26-0535276

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Washington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$25M20202021202220232024
Metric202420232022
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

$0$5M$11M$16M$22M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THIRD WAY$21.9M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Third Way ($21,902,000).

RecipientPurposeAmount
THIRD WAY WASHINGTON, DCSUPPORT 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

NameTitleHoursCompensation
JONATHAN COWANPRESIDENT4
DAVID HELLERTRUSTEE2
JACQUIE LAWING EBERTTRUSTEE2
THURGOOD MARSHALL JRTRUSTEE2
ROGAN KERSHTRUSTEE2
STEVE J DIETERLE CFOBOARD TREASURER2
MATTHEW BENNETTSECRETARY2

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.

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Browse active grant opportunities in Third Way Institute's focus areas in our free grants database

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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