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Filing year 2024

THE THIRD WAY FOUNDATION INC

Washington, District of Columbia·EIN 52-1629221·501(c)(3)
Total revenue
$11.1M
Total assets
$19.1M
Total expenses
$10.9M
Reported officers
16
Mission

TO ADVANCE THE CAUSE OF PROGRESSIVE GOVERNMENT IN AMERICA BY PROMOTING CIVIC RESPONSIBILITY AND PUBLIC ENTREPRENEURSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$1.1M
$1.2M
Base
$1.1M
Bonus
Other
Benefits
Executive Di
Above 90th percentile
$335k
$356k
Base
$298k
Bonus
Other
Benefits
Chief Econom
Highest Compensated Employee
75th to 90th percentile
$274k
$291k
Base
$240k
Bonus
Other
Benefits
Vice Preside
Board Vice President
75th to 90th percentile
$274k
$291k
Base
$240k
Bonus
Other
Benefits
Vice Preside
Board Vice President
75th to 90th percentile
$251k
$267k
Base
$219k
Bonus
Other
Benefits
Director
Highest Compensated Employee
Median to 75th percentile
$203k
$216k
Base
$174k
Bonus
Other
Benefits
Senior Advis
Highest Compensated Employee
Median to 75th percentile
$200k
$213k
Base
$171k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $295k in 2023 to $1.1M in 2024.

$295k
2023
$1.1M
2024
In today's dollarsEst.
Up 268% in real terms$323k to $1.2M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 280% from 2023 to 2024, while revenue rose 21%.

$295k in 2023 to $1.1M in 2024.
  • Highest Compensated Employee pay rose 102% from 2023 to 2024.
  • Board Vice President pay rose 253% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE THIRD WAY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.2M
$7.6M
2023
$11.1M
$10.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE THIRD WAY FOUNDATION INC

What does the Chief Executive Officer of THE THIRD WAY FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE THIRD WAY FOUNDATION INC received $1,119,741 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE THIRD WAY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE THIRD WAY FOUNDATION INC falls in the top 10%.

What are THE THIRD WAY FOUNDATION INC's revenue and expenses?

In 2024, THE THIRD WAY FOUNDATION INC reported $11.1M in total revenue and $10.9M in total expenses on its IRS Form 990.

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