2024-05-09T10:39:48-05:00 2023-12-31 521853933 JM&M 1730 RHODE ISLAND AVE NW SUITE 800 WASHINGTON DC 20036 990 2023-01-01 260535276 THIRD WAY INSTITUTE THIR 2023841700 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 STEVE DIETERLE CFO AND TREASURER 2023841700 2024-05-09 1 STEVE DIETERLE 999009999 1 MEENA BISHNOI P01480769 2022963306 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JONATHAN COWAN 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 19858598 0 X N/A X 2006 DE TO SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE CENTRIST SOLUTIONS. 6 4 0 4 0 0 16423854 17689532 0 0 249840 745671 0 0 16673694 18435203 18088982 19809000 0 0 368497 224000 0 0 5216 167190 406102 18624669 20439102 -1950975 -2003899 31095329 31865844 16423839 15705983 14671490 16159861 X THIRD WAY INSTITUTE SUPPORTS CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE CENTRIST SOLUTIONS TO MAJOR ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES. 0 0 20028072 19809000 THIRD WAY INSTITUTE SUPPORTS THE DEVELOPMENT OF EDUCATIONAL MATERIALS AND EVENTS ON THE POLICY CHALLENGES FACED BY AMERICA, FOCUSING ON A WIDE VARIETY OF POLICY ISSUES.CLIMATE AND ENERGYOUR WORK IN 2023 RESPONDED DIRECTLY TO THE HISTORIC PASSAGE OF THE INFLATION REDUCTION ACT, BIPARTISAN INFRASTRUCTURE LAW, AND CHIPS SCIENCE LAW WHICH NOW PROVIDES THE U.S. THE OPPORTUNITY TO DEVELOP, DEPLOY, AND EXPORT THE CLEAN ENERGY THE U.S. AND THE REST OF THE WORLD NEEDS TO ADDRESS CLIMATE CHANGE AND IMPORTANTLY, ADDRESS NATIONAL SECURITY, ECONOMIC, AND COMPETITIVENESS IMPERATIVES. THROUGHOUT 2023 WE WORKED IN THE FOLLOWING THREE AREAS: 1) WE CHANNELED THE INVESTMENTS FROM BOTH THE INFLATION REDUCTION ACT (IRA) AND THE BIPARTISAN INFRASTRUCTURE LAW (BIL) INTO THE PROPER AVENUES TO MAXIMIZE IMPACT, 2) WE TOLD THE STORY OF THESE WINS AS ECONOMIC OPPORTUNITIES THAT BENEFIT THE AMERICAN PEOPLE AND THEIR COMMUNITIES, AND 3) WE WORKED TO REFORM THE PERMITTING PROCESS TO REMOVE OBSTACLES THAT STAND IN THE WAY OF CONSTRUCTING MASSIVE CLEAN ENERGY PROJECTS.SOCIAL POLICY, EDUCATION AND POLITICSADDRESSING THREATS ON SOCIAL ISSUES: THIRD WAY REMAINS COMMITTED TO ADDRESSING THREATS TO AMERICAN VALUES AND VULNERABLE POPULATIONS ON KEY SOCIAL AND CULTURAL ISSUES. WE EMPLOYED VARIOUS TACTICS TO MAKE PROGRESS ON CRIME, IMMIGRATION, MARIJUANA, AND LGBT RIGHTS IN THE PAST YEAR. THIS INCLUDED:* RELEASING A FOLLOW UP TO OUR RED STATE MURDER PROBLEM REPORT SHOWING THAT HOMICIDE RATES HAVE BEEN HIGHER IN RED STATES THAN BLUE STATES EVERY YEAR THIS CENTURY TO PUSH BACK ON THE NARRATIVE THAT CRIME IS CAUSED BY CRIMINAL JUSTICE REFORM POLICIES.* TESTIFYING AT A CONGRESSIONAL HEARING ON VIOLENT CRIME IN MANHATTAN TO PUSH BACK ON THE NARRATIVE THAT CRIME IS OUT OF CONTROL IN CITIES LIKE NEW YORK THAT HAVE IMPLEMENTED CRIMINAL JUSTICE REFORMS AND BAIL REFORM. * RELEASING A SERIES OF MEMOS TO HELP SHIFT THE NARRATIVE ON IMMIGRATION BY HIGHLIGHTING ACTIONS THAT HAVE BEEN TAKEN TO IMPROVE BORDER SECURITY AND ADVOCATING FOR MORE POLICIES THAT WOULD RESTORE ORDER AT THE BORDER. * CONDUCTING AND PRESENTING SEVERAL ROUNDS OF PUBLIC OPINION RESEARCH ON VOTERS' ATTITUDES TOWARDS ISSUES AROUND TRANSGENDER YOUTH, SPECIFICALLY ON SPORTS PARTICIPATION AND MEDICAL CARE, AND SHARING MESSAGING GUIDANCE TO REACH CONFLICTED AUDIENCES.* SUPPORTING BIPARTISAN PROGRESS AROUND GUN SAFETY AND MARIJUANA POLICY THROUGH A SERIES OF SHORT MEMOS AND EXPLAINERS. CENTERING VALUE IN THE HIGHER EDUCATION DEBATE: THIRD WAY'S EDUCATION TEAM CONTINUES TO LEAD A COORDINATED MOVEMENT TO CHANGE THE FEDERAL POLICY NARRATIVE ON HIGHER EDUCATION FROM COST TO RETURN ON INVESTMENT AND SOCIALIZE A SLATE OF ACTIONABLE, DEFENSIBLE SOLUTIONS TO IMPROVE POSTSECONDARY VALUE, QUALITY, AND ACCOUNTABILITY FOR STUDENTS AND TAXPAYERS. DEFINING WHAT AMERICANS WANT FROM WASHINGTON: OUR POLITICS TEAM WORKED DILIGENTLY TO UNDERSTAND HOW AMERICANS VIEW THE POLITICAL SYSTEM, POLICYMAKERS IN WASHINGTON, AND POLICY ACTIONS THEY TOOK, IN ORDER TO INFORM THE PUBLIC ABOUT SHIFTING TRENDS AND PRIORITIES IN WHAT THE PUBLIC WANTS FROM THEIR GOVERNMENT. ECONOMICIN 2023, OUR ECONOMIC PROGRAM FOCUSED ON THREE CORE AREAS: 1) MAKING THE MIDDLE CLASS MORE AFFORDABLE AND ATTAINABLE FOR NON-COLLEGE EDUCATED WORKERS; 2) STRENGTHENING THE AFFORDABLE CARE ACT AND LOWERING COSTS; AND 3) EXPANDING AWARENESS OF ENTREPRENEURIAL INEQUITY IN AMERICA.NATIONAL SECURITYIN 2023, THE NATIONAL SECURITY PROGRAM MADE A STRATEGIC SHIFT TO FOCUS MORE AGGRESSIVELY ON THE NATIONAL SECURITY THREATS AND OPPORTUNITIES OF ARTIFICIAL INTELLIGENCE, BOTH IN GENERAL AND AS IT RELATES TO CHINA. WHEN MICROSOFT UNVEILED CHAT GBT IN 2022, WE SAW THIS AS A GAME-CHANGING MOMENT FOR NATIONAL SECURITY. 1) WE EDUCATED POLICYMAKERS ON ARTIFICIAL INTELLIGENCE, INCLUDING HOW IT WORKS AND WHAT IT CAN OR MAY DO, BOTH GOOD AND BAD. 2) WE FURTHERED OUR US-CHINA DIGITAL WORLD ORDER INITIATIVE WORK BY EDUCATING POLICYMAKERS ON THE STRENGTHS AND WEAKNESSES CHINA PRESENTS ON AI. 3) WE CONTINUED WORKING WITH STAKEHOLDERS AND POLICYMAKERS ON NAVIGATING NATIONAL SECURITY ISSUES.ARTIFICIAL INTELLIGENCE: WILL ARTIFICIAL INTELLIGENCE MAKE AMERICA AND THE WORLD MORE OR LESS SECURE? SOME BELIEVE ARTIFICIAL INTELLIGENCE MAY LEAD TO THE END OF THE HUMAN RACE; OTHERS SAY IT WILL UNLEASH UNLIMITED POTENTIAL AND GREAT BENEFITS. US-CHINA DIGITAL GLOBAL POWER COMPETITION: MORE THAN EVER, THE US-CHINA COMPETITION WILL BE DECIDED BY DIGITAL TECHNOLOGY AND AI. THE NATIONAL SECURITY PROGRAM HIGHLIGHTED THE IMPORTANCE AND CHALLENGES OF PRIORITIZING DIGITAL GOVERNANCE IN NATIONAL SECURITY THROUGH WORK.NATIONAL SECURITY EDUCATIONAL EFFORTS: OUR EDUCATIONAL EFFORTS ON NATIONAL SECURITY INCLUDED:* REGULARLY SCANNING CHINESE MEDIA AND NOTING ITEMS OF INTEREST FOR POLICYMAKERS;* INTRODUCING POLICYMAKERS TO XI JINPING'S INNER CIRCLE AND HOW THEY GOT THEIR JOBS AND THE ROLES THEY WILL PLAY IN CHINA'S LEADERSHIP;* EXPLORING CYBER THREATS LIKE SPYWARE AND INFORMING POLICYMAKERS;* EDUCATING LEADERS ON THE TOP ONGOING NATIONAL SECURITY CHALLENGES AND CONFLICTS AROUND THE WORLD AND THE MOST PRESSING IMPLICATIONS TO U.S. NATIONAL SECURITY INTERESTS IN THE SHORT AND LONG-TERM;* EXPLAINING THE EVOLVING GEOPOLITICAL LANDSCAPE AND THE COMPLEXITY OF OUR DIPLOMATIC RELATIONSHIPS WITH ALLIES, ADVERSARIES, AND TOP COMPETITORS. 20028072 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X STEVE J DIETERLE 2023841700 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 X JONATHAN COWAN PRESIDENT 4.00 36.00 X X 0 413528 38950 BRENDA BETHEA TREASURER UNTIL APRIL 2.00 38.00 X X 0 252701 11195 DAVID HELLER TRUSTEE 2.00 2.00 X 0 0 0 JACQUIE LAWING EBERT TRUSTEE 2.00 X 0 0 0 THURGOOD MARSHALL JR TRUSTEE 2.00 2.00 X 0 0 0 ROGAN KERSH TRUSTEE 2.00 X 0 0 0 STEVE J DIETERLE CFO BOARD TREASURER AS OF JUNE 2.00 38.00 X X 0 175594 7755 MATTHEW BENNETT SECRETARY 2.00 38.00 X 0 379363 44808 0 1221186 102708 0 0 1 0 0 17689532 9995 17689532 653890 653890 1515176 1423395 91781 91781 91781 18435203 0 0 745671 19809000 19809000 105115 80205 24909 1 90501 84680 2086 3735 4427 3525 754 148 9077 7251 1528 298 14880 12499 2083 298 28200 28200 8200 8200 332461 332461 2917 2352 509 56 30700 25788 4298 614 3300 2772 462 66 MISC. EXPENSES 324 324 20439102 20028072 405814 5216 7744770 5096723 841675 691676 22447361 26020990 61523 56455 31095329 31865844 1997 9148 11084450 10913235 5337392 4783600 16423839 15705983 X 13940205 15443575 731285 716286 14671490 16159861 31095329 31865844 -2003899 3492270 0 X X 0 1 X 1 0 X 11550561 13078977 11943933 16423854 17689532 70686857 11550561 13078977 11943933 16423854 17689532 70686857 19226300 51460557 278145 100896 35267 274994 653890 1343192 72030049 0.71440 0.66550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20433886 20433886 1000000 250000 0 0 756167 821210 1000000 1000000 3577377 5366066 189042 205303 250000 250000 894345 1341518 0 DUE TO THIRD WAY, A RELATED PARTY 4783600 4783600 X PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. 1 THIRD WAY 1025 CONNECTICUT AVE NW 400 WASHINGTON DC 20036 201734070 501(C)(4) 19809000 0 SUPPORT 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. 1 PART I, LINE 2: ALL GRANTS, SUCH AS THOSE MADE BY THIRD WAY INSTITUTE TO THIRD WAY (GRANT RECIPIENT) IN 2023 MUST COMPLY WITH THE FOLLOWING RESTRICTIONS: (A) THE GRANT RECIPIENT CAN ONLY USE THE GRANT FUNDS FOR CHARITABLE AND EDUCATIONAL ACTIVITIES, AS DEFINED IN SECTION 501(C)(3) OF THE CODE, AND NO FUNDS MAY BE USED FOR ANY OTHER PURPOSE; (B) GRANT FUNDS SHALL NOT BE USED FOR ANY ACTIVITY CONSIDERED TO BE LOBBYING UNDER SECTION 4911 AND 501(H) OF THE CODE; (C) GRANT FUNDS SHALL NOT BE USED TO SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE, OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE; (D) IN ADDITION, THE GRANT RECIPIENT MUST PROVIDE THIRD WAY INSTITUTE WITH DETAILED SEMI-ANNUAL REPORTS ON HOW THE GRANT FUNDS WERE USED, DEMONSTRATING THAT THE FUNDS WERE ONLY USED FOR THE CHARITABLE AND EDUCATIONAL PURPOSES APPROVED IN THE ORIGINAL GRANT PROPOSALS. 0 0 0 0 0 0 0 0 0 JONATHAN COWAN PRESIDENT 0 413528 0 0 0 0 0 13200 0 25750 0 452478 0 0 MATTHEW BENNETT SECRETARY 0 379363 0 0 0 0 0 13200 0 31608 0 424171 0 0 BRENDA BETHEA TREASURER UNTIL APRIL 0 252701 0 0 0 0 0 4087 0 7108 0 263896 0 0 STEVE J DIETERLE CFO BOARD TREASURER AS OF JUNE 0 175594 0 0 0 0 0 6993 0 762 0 183349 0 0 FORM 990, SCHEDULE J, PART II: ALL W2 WAGES ARE PAID BY THIRD WAY, A RELATED ORGANIZATION. AMOUNTS ARE SPLIT WITH THE RELATED ORGANIZATION BASED ON COST SHARING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY STAFF WORKING WITH A PROFESSIONAL RETURN PREPARER AND REVIEWED BY ITS PRESIDENT. A COPY OF THE RETURN WILL BE PROVIDED TO THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REMINDS STAFF AND MEMBERS OF THE BOARD OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND IS FOLLOWED UP FOR COMPLETION BY THE ORGANIZATION'S PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THIRD WAY, A RELATED ORGANIZATION, CONDUCTED A REVIEW OF CEO AND OTHER CORPORATE OFFCIERS' SALARIES AND COMPARED THE SALARIES WITH COMPARABLY SIZED ORGANIZATIONS TO DETERMINE A REASONABLE COMPENSATION PACKAGE. THE SALARY REVIEW INCLUDED A COMPENSATION SURVEY AND EVALUATING THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: ALL W2 WAGES ARE PAID BY THIRD WAY, A RELATED ORGANIZATION. AMOUNTS ARE SPLIT WITH THE RELATED ORGANIZATION BASED ON COST SHARING. FORM 990, PART XII, LINE 2C: THESE PROCESSES HAVE NOT CHANGED SINCE THE PRIOR YEAR. THIRD WAY 1025 CONNECTICUT AVE NW SUITE 501 WASHINGTON DC 20036 201734070 TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS. DC 501(C)(4) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 THIRD WAY O 148600 COST THIRD WAY B 19809000 COST