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Third Way

Social welfarePolitically Active
DBA: % JONATHAN COWAN
Social Welfare / Advocacy · WASHINGTON, DC · EIN 20-1734070
OverviewMoney InMoney OutPeopleConnected OrgsPositionsInterviewEndorsements

About

To research and develop centrist policy ideas.

In care of Jonathan Cowan

Donations are NOT tax-deductible
Category
Social Welfare / Advocacy
Employees
106
Volunteers
36

Financial Snapshot

FY ending 2023-12-31
Revenue
$27.2M
Expenses
$21.3M
Assets
$57.6M
Liabilities
$7.6M

Financial history

$27.4M$13.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $27.2M · Peak FY2022: $27.4M · Avg: $16.0M

Foreign activity (Schedule F)

Total spent abroad$130K
Foreign employees1
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM——
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM——

Political & Grant Activity

Campaign Spending
$12K
Lobbying
—
Grants Given
$386K
THIRD WAY
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Address

1025 Connecticut AVE NW STE 400
Washington, DC, 20036-542

Governance

Voting board members34
Independent members33
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$221K
Retained by contractors$221K
ChannelsIn-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.