2015-05-11T13:25:33-05:00 2014-12-31 521853933 JONES MARESCA & MCQUADE PA 1730 RHODE ISLAND AVE NW SUITE 800 WASHINGTON DC 20036 990 2014-01-01 260535276 THIRD WAY INSTITUTE THIR 2023841700 1025 CONNECTICUT AVE NW SUITE 501 WASHINGTON DC 20036 JONATHAN COWAN PRESIDENT 2023841700 2015-05-11 1 DAVID JONES P01361002 2022936321 2014 2016-02-25 16:41:14Z JONATHAN COWAN 1025 CONNECTICUT AVE NW SUITE 501 WASHINGTON DC 20036 8691864 0 X N/A X 2006 DE TO SUPPORT CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE MODERATE SOLUTIONS. 7 5 0 6 0 0 6845064 8334750 0 0 -4297 17978 0 0 6840767 8352728 5735000 5758500 0 0 102975 117722 0 0 4023 33049 36613 5871024 5912835 969743 2439893 1325801 3879480 78441 75133 1247360 3804347 X THIRD WAY INSTITUTE SUPPORTS CHARITABLE AND EDUCATIONAL ACTIVITIES THAT ADVANCE MODERATE SOLUTIONS TO MAJOR ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES. 0 0 5758500 5758500 AWARDED GRANTS ADDRESSING ECONOMIC, NATIONAL SECURITY, ENERGY AND SOCIAL POLICY ISSUES AND PROVIDED INSIGHT INTO THE BELIEFS AND POLICY PREFERENCES OF SELF-IDENTIFIED MODERATES. IN 2014, THIRD WAY INSTITUTE MADE GRANTS TO SUPPORT THE DEVELOPMENT OF EDUCATIONAL MATERIALS AND EVENTS ON THE POLICY CHALLENGES FACED BY AMERICA. THE MATERIALS AND EVENTS FOCUSED ON A WIDE VARIETY OF POLICY ISSUES.HEALTH CARE: DEVELOPED 15 POLICY PAPERS ON HOW TO CUT WASTE IN THE HEALTH CARE SYSTEM BY REMOVING OBSTACLES TO PATIENT CARE WHICH WILL BE PUBLICY RELEASED THROUGHOUT THE COMING YEAR. ALSO CONDUCTED ORIGINAL PUBLIC OPINION RESEARCH AND ECONOMIC MODELING ON OUR WORK.RETIREMENT: RELEASED AN ORIGINAL PROPOSAL TO INCREASE THE RETIREMENT SAVINGS FOR MILLIONS OF AMERICANS.RELEASED A SERIES OF PAPERS TO EDUCATE PEOPLE AROUND THE TERRORIST THREATS TO THE OLYMPIC GAMES AT SOCHI, RUSSIA, EXPLAINING THE HISTORY OF THE CHECHEN SEPARATIST MOVEMENT.NUCLEAR POWER: PRODUCED A SERIES OF PAPERS EXPLAINING THE IMPORTANCE OF NUCLEAR POWER FOR GENERATING CARBON-FREE ELECTRICITY IN THE UNITED STATES AND ANALYZING THE IMPACT THAT SHUTTING NUCLEAR PLANTS DOWN WOULD HAVE ON CARBON EMISSIONS. ALSO, RELEASED A REPORT ANALYZING HOW MUCH THE US AND OTHER COUNTRIES ARE INVESTING IN ADVANCED NUCLEAR INNOVATION, AND THE IMPACT THAT IS LIKELY TO HAVE ON THE DEVELOPMENT AND COMMERCIALIZATION OF THIS TECHNOLOGY.EPA REGULATION OF GREENHOUSE GASES: RELEASED AN ORIGINAL PROPOSAL ON THE MOST EFFECTIVE WAY FOR THE ENVIRONMENTAL PROTECTION AGENCY (EPA) TO REGULATE GREENHOUSE GAS EMISSIONS FROM EXISTING POWER PLANTS, AND A PROPOSAL ON NUCLEAR POWER IN THE UNITED STATES AND RECOMMENDING CHANGES THAT WOULD HELP KEEP MORE ZERO-CARBON EMISSION NUCLEAR PLANTS OPERATING.EDUCATION: RELEASED A MAJOR REPORT MAKING THE CASE THAT WE MUST MODERNIZE THE TEACHING PROFESSION IN ORDER TO MAKE IT ATTRACTIVE TO THE HIGH-ACHIEVING MILLENNIALS WE NEED TO FILL THE 3 MILLION NEW TEACHER POSITIONS WHICH WILL OPEN OVER THE NEXT DECADE, AND EXPANDED UPON THE PRINCIPLES LAID OUT IN THAT REPORT WITH THREE SIGNIFICANT POLICY BRIEFS OFFERING NEW IDEAS FOR HOW TO ACCOMPLISH THAT GOAL.MARIJUANA: CONDUCTED TWO ROUNDS OF IN-DEPTH PUBLIC OPINION RESEARCH TO BETTER UNDERSTAND HOW AMERICANS WHO ARE STRUGGLING WITH THE ISSUE OF WHETHER TO LEGALIZE MARIJUANA FEEL ABOUT THE FEDERAL GOVERNMENT'S ROLE IN THAT DEBATE, AND RELEASED A NEW PROPOSAL ADVOCATING FOR A "WAIVE BUT RESTRICT" APPROACH THAT ALLOWS STATES THAT STRICTLY REGULATE LEGAL MARIJUANA MARKETS TO OBTAIN A WAIVER TO OPERATE OUTSIDE OF FEDERAL LAW FOR A CERTAIN PERIOD OF TIME. 5758500 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 2023841700 1025 CONNECTICUT AVE NW SUITE 501 WASHINGTON DC 20036 JONATHAN COWAN PRESIDENT 4.00 42.00 X X 33330 300938 18623 NANCY HALE TREASURER 2.00 40.00 X X 15150 286916 19083 JACQUIE LAWING EBERT DIRECTOR 2.00 X 0 0 0 DAVID HELLER DIRECTOR 2.00 2.00 X 0 0 0 ROGAN KERSH DIRECTOR 2.00 X 0 0 0 THURGOOD MARSHALL JR DIRECTOR 2.00 2.00 X 0 0 0 HOWARD ROSSMAN DIRECTOR 2.00 X 0 0 0 MATTHEW BENNETT SECRETARY 2.00 40.00 X 15150 286318 30203 BRENDA BETHEA DIRECTOR OF ADMINISTRATION 2.00 40.00 X 15640 138743 9068 79270 1012915 76977 0 0 1 0 0 8334750 124775 8334750 16261 16261 340853 339136 1717 1717 1717 8352728 0 0 17978 5758500 5758500 98089 95382 2707 19633 19091 542 2376 2376 3050 3050 3163 3163 4073 3961 112 18751 18233 518 4552 4426 126 TAXES AND FILING FEES 599 582 17 MISCELLANEOUS EXPENSE 49 48 1 5912835 5758500 150312 4023 10567 10152 1315120 1030490 114 343 2832227 6268 1325801 3879480 78441 75133 78441 75133 X 1247360 3804347 1247360 3804347 1325801 3879480 X 2439893 117093 1 X 0 1 X 1 0 X 3487217 5495017 5468852 6845064 8334750 29630900 3487217 5495017 5468852 6845064 8334750 29630900 8502200 21128700 2327 1977 2083 1445 16261 24093 29654993 0.71250 0.71260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5758500 5758500 437925 109481 0 0 428115 433758 443551 437925 1743349 2615024 107029 108440 110888 109481 435838 653757 0 X 8466658 117093 117093 8349565 3163 3163 8352728 5909671 0 5909671 3163 1 3164 5912835 PART X, LINE 2: TW AND TWI HAVE ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AS REQUIRED BY TOPIC 740 OF THE FASB ASC. TOPIC 740 REQUIRES TW AND TWI TO DETERMINE WHETHER A TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS MORE THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WHICH COULD RESULT IN TW AND TWI RECORDING A TAX LIABILITY THAT WOULD REDUCE ITS NET ASSETS. TW AND TWI HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN TAX YEARS (2011-2013), OR EXPECTED TO BE TAKEN IN ITS 2014 TAX RETURN. TW AND TWI IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING ERROR 1. 1 THIRD WAY 1025 CONNECTICUT AVENUE SUITE 501 WASHINGTON DC 20036 201734070 501(C)(4) 5758500 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 2014 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 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 33330 300140 0 0 0 798 0 10600 802 7221 34132 318759 0 0 NANCY HALE TREASURER 15150 286520 0 0 0 396 0 10600 424 8059 15574 305575 0 0 MATTHEW BENNETT SECRETARY 15150 285520 0 0 0 798 0 10600 980 18623 16130 315541 0 0 BRENDA BETHEA DIRECTOR OF ADMINISTRATION 15640 138679 0 0 0 64 0 6175 263 2630 15903 147548 0 0 PART I, LINE 3 THE COMPENSATION COMMITTEE OF THIRD WAY, A RELATED ORGANIZATION, CONDUCTED A REVIEW OF CEO SALARIES FOR COMPARABLY SIZED ORGANIZATION TO DETERMINE A REASONABLE COMPENSATION PACKAGE. THE SALARY REVIEW INCLUDED CONDUCTING A COMPENSATION SURVEY AND EVALUATING FORMS 990 OF OTHER ORGANIZATIONS. X 2 124775 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 AFTER THE DRAFT 990 IS REVIEWED AND EDITED BY THE PRESIDENT, TREASURER AND FINANCIAL CONTROLLER, A COPY IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING THE RETURN 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 XI, LINE 9: ROUNDING ERROR 1. 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 B 5758500 CASH THIRD WAY O 117722 SHARING OF EMPLOYEES