THE PURPOSE OF THE FOUNDATION IS TO PROVIDE SUPPORT TO THE FAMILIES OF GOVERNMENT EMPLOYEES WHO HAVE DIED OR BEEN SERIOUSLY INJURED IN THE SERVICE OF THEIR COUNTRY BUT WHOSE EMPLOYMENT STATUS PROHIBITS THEM FROM SEEKING ASSISTANCE FROM NORMAL GOVERNMENTAL SOURCES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in Virginia.
- Base
- $255k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $255k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $255k | — | — | — | $255k $271k |
President and COO Above 90th percentile | $255k | — | — | — | $255k $271k |
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 13 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THIRD OPTION FOUNDATION equaled 4% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 7%
from 2023
From $275k in 2023 to $255k in 2024.
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.
Chief Executive Officer pay fell 7% from 2023 to 2024, while revenue rose 40%.
- Chief Operating Officer pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THIRD OPTION FOUNDATION
What does the Chief Executive Officer of THIRD OPTION FOUNDATION earn?
In 2024, the Chief Executive Officer of THIRD OPTION FOUNDATION received $255,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THIRD OPTION FOUNDATION compare with similar nonprofits?
Compared with the same role at Human Services organizations in Virginia, the 2024 pay of the Chief Executive Officer at THIRD OPTION FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THIRD OPTION FOUNDATION equaled 4% of the organization's total expenses. The median for human services organizations is 8%.
What are THIRD OPTION FOUNDATION's revenue and expenses?
In 2024, THIRD OPTION FOUNDATION reported $12.8M in total revenue and $6.6M in total expenses on its IRS Form 990.
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