2022-05-11T08:47:40-05:00 2021-12-31 521853933 JM&M 1730 RHODE ISLAND AVE NW SUITE 800 WASHINGTON DC 20036 990 2021-01-01 260535276 THIRD WAY INSTITUTE THIR 2023841700 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 JONATHAN COWAN PRESIDENT 2023841700 2022-05-10 1 JONATHAN COWAN 999009999 MEENA BISHNOI P01480769 2022963306 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JONATHAN COWAN 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 16001059 0 X N/A X 2006 DE TO SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE CENTRIST SOLUTIONS. 6 4 0 4 0 0 13078977 11943933 0 0 188924 1224698 0 0 13267901 13168631 11600000 12896432 0 0 425792 450200 0 0 185800 107964 263359 12133756 13609991 1134145 -441360 24555720 31398339 4542818 10704479 20012902 20693860 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 13160332 12896432 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 ENERGY - THE CLIMATE AND ENERGY PROGRAM'S MISSION IS TO CHANGE THE NATIONAL POLICY CONVERSATION AND PUT THE UNITED STATES ON THE FASTEST, FAIREST PATH TO NET-ZERO CARBON EMISSIONS. WE DID THIS IN 2021 BY 1) FILLING POLICY GAPS, 2) BUILDING A COALITION, AND 3) ESTABLISHING A NARRATIVE FOR OUR APPROACH.FILLING CRITICAL POLICY GAPS: WE ESTABLISHED THE NECESSARY TOOLS AND POLICIES, INCLUDING DEVELOPING A POLICY AGENDA TO ACHIEVE NET-ZERO EMISSIONS BY 2050 THAT TAKES FULL ADVANTAGE OF EVERY ZERO-CARBON TECHNOLOGY, INCLUDING NUCLEAR ENERGY AND CARBON CAPTURE; RAMPING UP GOVERNMENT INVESTMENT IN INNOVATION AND DRIVING THE DEMAND FOR CLEAN ENERGY; AND PRODUCING A THOROUGH ANALYSIS OF THE INFRASTRUCTURE AND JOBS CREATED IN EACH STATE DUE TO KEY FEDERAL CLIMATE POLICIES.BUILDING A COALITION: WE ENSURED THE AGENDA CAN RESONATE AMONG STAKEHOLDERS BY INCLUDING THE DEMOGRAPHIC, ECONOMIC, AND REGIONAL DIVERSITY WITHIN THE COALITION NECESSARY TO ENACT ROBUST NATIONWIDE POLICY; INCLUDING A WIDE RANGE OF STAKEHOLDERS, ORGANIZATIONS, AND POLICYMAKERS IN OUR RESEARCH AND POLICY DEVELOPMENT; AND FEATURING COALITION PARTNERS IN EDUCATIONAL PRODUCTS AND PUBLIC ACTIVITIES.ESTABLISHING A NARRATIVE: WE CHANGED THE CONVERSATION ON CLIMATE BY DEVELOPING AND DRIVING A NARRATIVE AND MESSAGING THAT ACCURATELY REPRESENTS OUR VISION OF TECHNOLOGY INCLUSIVITY; COMMUNICATING AND EXPLAINING THE PROBLEM AND EQUITABLE SOLUTIONS PLAINLY AND COMPREHENSIVELY TO POLICYMAKERS AND THE AMERICAN PUBLIC; AND ENLISTING OUR COALITION PARTNERS TO HELP AMPLIFY THIS NARRATIVE THROUGH VIRTUAL EVENTS AND OTHER PUBLIC PLATFORMS.ECONOMICS - IN 2021, OUR ECONOMIC PROGRAM FOCUSED ON TWO CORE AREAS: 1) DEVELOPING AN AGENDA TO RESCUE THE ECONOMY AND US HEALTH CARE SYSTEM IN RESPONSE TO THE COVID-19 PANDEMIC, AND 2) ADVANCING A CASE FOR A NEW CONTRACT ON WORK. COVID-19 RECOVERY: AS THE PANDEMIC AND SUBSEQUENT ECONOMIC RECESSION SWEPT ACROSS THE NATION, OUR TEAM MOVED QUICKLY TO UNPACK THE TOLL THE CRISIS WAS HAVING ON THE ECONOMY AS WELL AS DEVELOP A ROBUST AGENDA FOR RECOVERY. OUR WORK INCLUDED DEVELOPING REGULAR BLOGS THAT ANALYZED ECONOMIC TRENDS TO HELP THE POLICYMAKING COMMUNITY UNDERSTAND THE QUICKLY EVOLVING COVID-19 CRISIS; DESIGNING AN INITIAL FOUR-PART ECONOMIC RESCUE AGENDA THAT DETAILED HOW TO SAVE AMERICAN WORKERS, EMPLOYERS, STATE/LOCAL GOVERNMENTS, AND THE HEALTH CARE SYSTEM; AND CRAFTING A SUBSEQUENT ECONOMIC RESCUE AGENDA OUTLINING 21 KEY AREAS TO ADDRESS TO BOLSTER THE ECONOMY IN 2021.A NEW CONTRACT ON WORK: WE'VE HAD TWO ONCE-IN-A-CENTURY ECONOMIC SHOCKS IN THE LAST 12 YEARS THAT LEVELED THE COUNTRY AND PUT TENS OF MILLIONS OF AMERICANS AT THE BRINK OF RUIN. THESE SHOCKS ALSO LAID BARE WHAT WAS ALREADY APPARENT DURING BETTER TIMES: WE HAVE TWO ECONOMIES IN AMERICA-ONE THAT SUFFICIENTLY REWARDS WORK AND ANOTHER WHERE THE BOND BETWEEN WORK AND A GOOD LIFE HAS GROWN TENUOUS. NONE OF THIS IS ACCIDENTAL OR INEVITABLE; MUCH OF IT IS THE CONSEQUENCE OF A 21ST CENTURY ECONOMY RELYING ON A 20TH CENTURY CONTRACT ON WORK. IN RESPONSE, OUR TEAM RESEARCHED AND ANALYZED WHAT AMERICANS GET FROM WORK-WAGES AND SALARIES, HEALTH CARE, RETIREMENT CONTRIBUTIONS, SKILL ACQUISITION, PAID FAMILY LEAVE, CHILD CARE, AND MORE-AND STARTED TO DEVELOP A DETAILED POLICY AGENDA. WORK INCLUDED DEVELOPING A COMPREHENSIVE CRITIQUE OF THE CURRENT CONTRACT ON WORK AND DESCRIBING HOW AND WHY IT IS FAILING TO PROVIDE A PATH TO PROSPERITY AND SECURITY FOR MOST AMERICANS; BUILDING POLICIES THAT MODERNIZE THE CONTRACT ON WORK, INCLUDING IDEAS BOOSTING WAGES AND KEEPING WORKERS EMPLOYED DURING DOWNTURNS; AND CONVENING POLICY EXPERTS TO DISCUSS ECONOMIC TRENDS AND STRATEGIES TO CREATE A MODERN CONTRACT ON WORK.NATIONAL SECURITY - IN 2021, THE NATIONAL SECURITY PROGRAM FOCUSED ON 1) NARROWING THE CYBER ENFORCEMENT GAP AND 2) EDUCATING STAKEHOLDERS ON NAVIGATING NATIONAL SECURITY ISSUES. NARROWING THE CYBER ENFORCEMENT GAP: OUR TEAM WORKED TO INCREASE AWARENESS OF THE CYBER ENFORCEMENT GAP (THE BIG GAP IN CYBERCRIME INCIDENTS HITTING THE UNITED STATES VERSUS ACTIONS TAKEN AGAINST THE PERPETRATORS) AND CREATE THE WILL AND POLICY SOLUTIONS TO TIGHTEN IT. THIS INCLUDED RESEARCHING AND DEVELOPING POLICY RECOMMENDATIONS THAT CREATE CONDITIONS TO MOVE TOWARD REDUCING THE CYBER ENFORCEMENT GAP AND STRATEGICALLY PLAN FOR THE YEARS TO COME; CONVENING WORKING GROUPS OF 40 FORMER US NATIONAL SECURITY OFFICIALS, INDUSTRY, AND EXPERTS TO DEVELOP A ROADMAP OF NEARLY 60 ACTIONS TO BE TAKEN TO BRING PERPETRATORS OF CYBERCRIME TO JUSTICE; HIGHLIGHTING OUR EFFORTS ON THE INTERNATIONAL STAGE THROUGH OUR WORK WITH DIFFERENT GLOBAL NETWORKS; RAISING THE AWARENESS OF THE PUBLIC AND POLICYMAKERS ON THE IMPORTANCE OF CYBER ENFORCEMENT THROUGH MEDIA ENGAGEMENT AND EVENTS; AND CREATING AN INSTITUTION THAT CAN DELIVER APPROPRIATE SOLUTIONS TO CYBER-ENFORCEMENT POLICY CHALLENGES AND ACCOUNT FOR COMPETING VALUES AND TRADE-OFFS.NATIONAL SECURITY EDUCATIONAL EFFORTS: OUR EDUCATIONAL WORK ON THE NATIONAL SECURITY ISSUES INCLUDED DEVELOPING A COMPREHENSIVE BOOK OF HOT TOPICS IN NATIONAL SECURITY TO ADVISE POLICYMAKERS ON SOME OF THE MOST PRESSING NATIONAL SECURITY PRIORITIES; HOLDING DISCUSSIONS WITH ALLIES AND KEY INFLUENCERS TO GAIN THEIR PERSPECTIVES ON SHAPING THE MESSAGE ON NATIONAL SECURITY IN THE CURRENT LANDSCAPE; AND EDUCATING STAKEHOLDERS, INCLUDING SKEPTICS AND NEUTRAL PARTIES, ON NAVIGATING NATIONAL SECURITY ISSUES.SOCIAL POLICY AND POLITICS - IN 2021, THE SOCIAL POLICY AND POLITICS PROGRAM FOCUSED ON 1) ANSWERING WHAT A COALITION TO DEFEAT POPULISM MUST LOOK LIKE, 2) OFFERING A COMPREHENSIVE FEDERAL COLLEGE QUALITY AGENDA THAT SHIFTS FOCUS FROM COST TO VALUE AMONG POLICYMAKERS, THE PRESS, AND OTHER INFLUENCERS AND 3) ADDRESSING THREATS ON CONTENTIOUS SOCIAL ISSUES AND ASSISTING POLICYMAKERS IN TALKING ABOUT THESE ISSUES IN A WAY THAT HAS BROAD APPEAL. WHAT A COALITION DEFEATING POPULISM LOOKS LIKE: OUR POLITICS TEAM WORKED TO ANSWER THIS QUESTION BY UTILIZING CATALIST VOTER FILE DATA AND OTHER ELECTORAL DATA SOURCES TO DRAFT REPORTS ANALYZING AND EXPLAINING THE AMERICAN ELECTORATE AND DIFFERENCES ACROSS STATES AND DISTRICTS; CONDUCTING QUALITATIVE AND QUANTITATIVE PUBLIC OPINION RESEARCH TO BETTER UNDERSTAND WHAT CRITICAL SUBURBAN VOTERS PRIORITIZE, HOW THEY THINK ABOUT CURRENT ISSUES UNDER DISCUSSION IN WASHINGTON, AND WHAT THEY WANT FROM CANDIDATES AND POLICYMAKERS; AND TRACKING HOW POPULIST CANDIDATES PERFORM COMPARED TO THOSE CARRYING A MORE MAINSTREAM AGENDA. THIS MAKES THE CASE THAT MAINSTREAM IDEAS HAVE BROADER APPEAL.SHIFTING THE FOCUS IN HIGHER EDUCATION FROM COST TO VALUE: OUR EDUCATION TEAM WORKED TO BUILD THE ADVOCACY AND POLICY INFRASTRUCTURE TO PUSH FOR ACTIONABLE POLICY SOLUTIONS THAT HELP STUDENTS AND TAXPAYERS GET A GREATER RETURN ON THEIR HIGHER EDUCATION INVESTMENT AT THE FEDERAL LEVEL. OUR WORK ENSURED THAT FEDERAL POLICYMAKERS KNOW THEY CANNOT ADDRESS THE MYRIAD OF PROBLEMS IN OUR HIGHER EDUCATION SYSTEM WITHOUT TAKING SIGNIFICANT STEPS TO IMPROVE QUALITY, ACCOUNTABILITY, AND VALUE. THIS INCLUDED CONDUCTING PUBLIC OPINION RESEARCH TO UNDERSTAND HOW AMERICANS THINK ABOUT QUALITY IN THE HIGHER EDUCATION CONTEXT AND DEMONSTRATE THE BROAD SUPPORT FOR INCREASED ACCOUNTABILITY IN OUR HIGHER EDUCATION SYSTEM; PRODUCING EASY-TO-UNDERSTAND TRANSLATORS, INFOGRAPHICS, VIDEOS, AND REPORTS ANALYZING PUBLICLY AVAILABLE DATA ABOUT STUDENT OUTCOMES IN HIGHER EDUCATION, CALLING ATTENTION TO THE NEED TO IMPROVE THOSE OUTCOMES AND INCREASE ACCOUNTABILITY IN HIGHER EDUCATION; AND HOSTING VIRTUAL EVENTS AND DEPLOYING DIGITAL MEDIA CAMPAIGNS TO DEMYSTIFY COMPLICATED TOPICS IN HIGHER EDUCATION AND HIGHLIGHT THE NEED FOR NEW POLICY SOLUTIONS THAT INCENTIVIZE HIGHER EDUCATION INSTITUTIONS TO FOCUS ON IMPROVING STUDENT OUTCOMES. ADDRESSING THREATS ON SOCIAL ISSUES: WE REMAINED COMMITTED TO ADDRESSING THREATS TO AMERICAN VALUES AND VULNERABLE POPULATIONS ON KEY SOCIAL AND CULTURAL ISSUES. WE EMPLOYED VARIOUS TACTICS TO COUNTER THREATS ON IMMIGRATION, GUN SAFETY, LGBT RIGHTS, REPRODUCTIVE RIGHTS, AND COMMUNITY-BASED POLICING REFORM. THIS INCLUDED DRAFTING AND RELEASING MEMOS THAT EXPLAIN THE MAJOR SUPREME COURT CASES THAT COULD IMPACT SOCIAL POLICY IN ADVANCE OF THEIR DECISION BY THE COURT; 13160332 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 BRENDA BETHEA 2023841700 1025 CONNECTICUT AVE NW SUITE 400 WASHINGTON DC 20036 X JONATHAN COWAN PRESIDENT 4.00 36.00 X X 34100 306684 35635 BRENDA BETHEA TREASURER 2.00 38.00 X X 37600 215515 13447 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 MATTHEW BENNETT SECRETARY 2.00 38.00 X 15500 291581 42996 CHAD FITZGERALD SR. ADVISOR TO THE PRESIDENT 36.00 4.00 X 147567 52271 34235 234767 866051 126313 1 0 1 0 0 11943933 11943933 35267 35267 4021859 2832428 1189431 1189431 1189431 13168631 0 0 1224698 12896432 12896432 97540 50016 9955 37569 288000 140316 28861 118823 11540 5616 1154 4770 23120 8752 2130 12238 30000 14600 3000 12400 3100 3100 7400 7400 190531 190531 24200 24200 1405 800 605 30900 30900 5500 5500 MISC. EXPENSES 323 323 13609991 13160332 263859 185800 17004393 18562951 145000 820000 7405905 12014615 422 773 24555720 31398339 7869 10491 4534949 6436088 0 4257900 4542818 10704479 X 19607902 19873860 405000 820000 20012902 20693860 24555720 31398339 -441360 1122318 0 X X 0 1 X 1 0 X 10483644 8082250 11550561 13078977 11943933 55139365 10483644 8082250 11550561 13078977 11943933 55139365 20084478 35054887 54232 111971 278145 100896 35267 580511 55719876 0.62910 0.57420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13424191 13424191 821210 205303 0 0 41956 729671 756167 821210 2349004 3523506 10489 182418 189042 205303 587252 880878 0 DUE TO THIRD WAY, A RELATED PARTY 4257900 4257900 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) 12896432 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. 0 1 PART I, LINE 2: ALL GRANTS, SUCH AS THOSE MADE BY THIRD WAY INSTITUTE TO THIRD WAY (GRANT RECIPIENT) IN 2021 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 34100 304362 0 0 0 2322 1360 10240 2720 21315 38180 338239 0 0 MATTHEW BENNETT SECRETARY 15500 289259 0 0 0 2322 600 11000 1200 30196 17300 332777 0 0 BRENDA BETHEA TREASURER 37600 213193 0 0 0 2322 1500 8500 2960 487 42060 224502 0 0 CHAD FITZGERALD SR. ADVISOR TO THE PRESIDENT 147567 51695 0 0 0 576 6200 2050 12400 13585 166167 67906 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 III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED: ANALYZING AND PRODUCING PUBLIC REPORTS ON IMMIGRATION TOPICS THAT ARE UNDER DISCUSSION AT THE STATE AND FEDERAL LEVEL, INCLUDING POLICY CHANGES DURING THE PANDEMIC, ENHANCEMENTS TO BORDER SECURITY, PROPOSALS TO PROTECT THE DREAMER AND TEMPORARY PROTECTED STATUS POPULATIONS, AND EFFORTS TO CUT BOTH LEGAL AND UNDOCUMENTED IMMIGRANTS OFF FROM ACCESS TO ESSENTIAL SERVICES; DRAFTING AND RELEASING MEMOS THAT DEMONSTRATE COMMON-GROUND, SENSIBLE POLICY OPTIONS FOR ADDRESSING GUN VIOLENCE IN OUR COUNTRY, PARTICULARLY MASS SHOOTINGS AND ANALYZING THE CHALLENGES FACING POLICING REFORM AND CREATING PROPOSALS THAT COULD HELP POLICYMAKERS BRIDGE THE DIVIDE AND MAKE PROGRESS AT THE FEDERAL LEVEL. 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 258900 COST THIRD WAY B 12896432 COST