TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$66.0M
+14.5% YoY
Annual Giving
$1.7M
+264.3% YoY
Grant Count
10
+233.3% YoY
Avg Grant Size
$168K
+9.3% YoY
About Third Way
Based on IRS filings
Third Way 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 $66.0M in total assets. In 2024, it awarded 10 grants totaling $1.7M. Net investment income was $2.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $65,953,090 | $57,624,634 | $48,609,569 |
| Revenue | $31,698,898 | $27,152,185 | $27,422,767 |
| Expenses | $24,538,373 | $21,266,704 | $23,095,434 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,237,945 | $1,669,331 | $24,932 |
| 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 10 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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 AND CEO | 36 | $413,118 |
| JOHN L VOGELSTEIN | CHAIR EMERITUS | 3 | — |
| RACHEL PRITZKER | CHAIR | 2 | — |
| GEORGETTE BENNETT | TRUSTEE | 2 | — |
| WILLIAM BUDINGER | TRUSTEE | 2 | — |
| DAVID COULTER | TRUSTEE | 2 | — |
| WILLIAM DALEY | TRUSTEE | 2 | — |
| JOHN DYSON | TRUSTEE | 2 | — |
| MIKE EDWARDS | TRUSTEE | 2 | — |
| BRIAN FRANK | TRUSTEE | 2 | — |
| DAVID HELLER | TRUSTEE | 2 | — |
| PETER JOSEPH | TRUSTEE | 2 | — |
| DEREK KAUFMAN | TRUSTEE | 2 | — |
| DEREK KIRKLAND | TRUSTEE | 2 | — |
| DANIEL LEWIS | TRUSTEE UNTIL DECEMBER | 2 | — |
| THURGOOD MARSHALL JR | TRUSTEE | 2 | — |
| SUSAN MCCUE | TRUSTEE | 2 | — |
| DAVID HORVITZ | TRUSTEE | 2 | — |
| WILLIAM REEVES | TRUSTEE UNTIL DECEMBER | 2 | — |
| BERNARD SCHWARTZ | TRUSTEE UNTIL FEBRUARY | 2 | — |
| ALIX BURNS | TRUSTEE | 2 | — |
| CHRISTINE VARNEY | TRUSTEE | 2 | — |
| MARC SPILKER | TRUSTEE | 2 | — |
| TED TRIMPA | TRUSTEE | 2 | — |
| BARBARA MANFREY VOGELSTEIN | TRUSTEE | 2 | — |
| DOUGLAS LAWRENCE | TRUSTEE | 2 | — |
| JOSEPH ZIMLICH | TRUSTEE | 2 | — |
| BOB GOODMAN | TRUSTEE | 2 | — |
| RAY ROTHROCK | TRUSTEE | 2 | — |
| STEVEN GALBRAITH | TRUSTEE | 2 | — |
| ALISON KAY | TRUSTEE | 2 | — |
| GRAVES TOMPKINS | TRUSTEE | 2 | — |
| RAJ DATE | TRUSTEE | 2 | — |
| STRAUSS ZELNICK | TRUSTEE | 2 | — |
| JOYCE ABOUSSIE | TRUSTEE AS OF JUNE | 2 | — |
| MATTHEW BENNETT SECRETARY AND | EXE. VP OF PUBLIC AFFAIRS | 38 | $379,453 |
| STEVE J DIETERLE CFO | BOARD TREASURER | 38 | $181,205 |
| JAMES KESSLER | EXE. VP OF POLICY | 40 | $377,021 |
| JOSHUA FREED SENIOR VP | OF CLEAN ENERGY | 40 | $294,687 |
| GABRIEL A HORWITZ SENIOR | VP OF ECON PROGRAM | 40 | $296,343 |
| LANAE M ERICKSON SR VP FOR | SOCIAL POLICY & POLITICS | 40 | $299,942 |
| XIAVIAN ROMMELL BROWN | SENIOR DIRECTOR | 40 | $178,811 |
| EMILY STERNFELD SENIOR VP | OF DEV. & EXTERNAL AFFAIRS | 40 | $230,542 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Demand Justice Initiative
WASHINGTON, DC
Assets
$7.6M
Grants
1
Total Given
$225K
American Academic Leadership Institute
WASHINGTON, DC
Assets
$3.6M
Grants
2
Total Given
$50K
Cnfa
WASHINGTON, DC
Assets
$18.3M
Grants
9
Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
Grants
2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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