2011-05-12T11:16:54-05:00 2010-12-31 STANFIELD & PHILLIPS LLC 15825 Shady Grove Road 40 Rockville MD 20850 990 2010-01-01 201734070 Third Way THIR 2023841700 1025 Connecticut Ave NW No 501 Washington DC 200365422 Jonathan Cowan 2023841700 2011-05-12 1 3015193280 2011-05-10 2010 2016-02-24 21:20:13Z Jonathan Cowan 1025 Connecticut Ave NW No 501 Washington DC 200365422 7789140 0 X www.thirdway.org X 2004 DC A think-tank devoted to developing and advancing a moderate policy agenda. 29 28 60 2 0 0 8066000 7530500 34924 153082 217706 105558 0 0 8318630 7789140 0 0 0 0 2918537 3604042 123034 165030 430006 2159151 2218353 5200722 5987425 3117908 1801715 12655427 14649843 545915 738616 12109512 13911227 X To research and develop progressive centrist policy ideas. 1 0 1488832 15625 ECONOMIC PROGRAM - See Schedule O for description of the Economic Program exempt purpose achievements. 1125605 131738 NATIONAL SECURITY PROGRAM - See Schedule O for description of the National Security Program exempt purpose achievements. 853360 5719 CLEAN ENERGY PROGRAM - See Schedule O for description of the Clean Energy Program exempt purpose achievements. 1287789 1287789 4755586 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 38 0 60 1 0 0 0 0 1 1 0 X 29 28 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X The Organization 2023841700 1025 Connecticut Ave NW No 501 Washington DC 200365422 X Jonathan Cowan 40.00 X X 210857 0 14131 Bernard L Schwartz 2.00 X 0 0 0 David Heller 2.00 X 0 0 0 Derek Kirkland 2.00 X 0 0 0 Georgette Bennett 2.00 X 0 0 0 Lewis B Cullman 2.00 X 0 0 0 Brian Frank 2.00 X 0 0 0 Scott Delman 2.00 X 0 0 0 John Dyson 2.00 X 0 0 0 Michael B Goldberg 2.00 X 0 0 0 Peter Joseph 2.00 X 0 0 0 Lt Gen Claudia Kennedy 2.00 X 0 0 0 Daniel S Loeb 2.00 X 0 0 0 Bill Daley 2.00 X 0 0 0 Reynold Levy 2.00 X 0 0 0 Thurgood Marshall Jr 2.00 X 0 0 0 Susan McCue 2.00 X 0 0 0 Herbert S Miller 2.00 X 0 0 0 Michael B Novogratz 2.00 X 0 0 0 Howard Rossman 2.00 X 0 0 0 Barbara M Vogelstein 2.00 X 0 0 0 John Vogelstein 2.00 X 0 0 0 Doug Wilson 2.00 X 0 0 0 Robert R Dyson 2.00 X 0 0 0 David Roberts 2.00 X 0 0 0 Fred Sainz 2.00 X 0 0 0 Joseph Zimlich 2.00 X 0 0 0 Dwight Anderson 2.00 X 0 0 0 Andrew Parmentier 2.00 X 0 0 0 Tim Sweeney 2.00 X 0 0 0 Ted J Trimpa 2.00 X 0 0 0 Matthew Bennett 40.00 X 208257 0 23443 Nancy Hale 40.00 X 211450 0 13859 James Kessler 40.00 X 207360 0 23165 Anne Kim 40.00 X 130110 0 5417 Richard Gollub 40.00 X 130219 0 19715 Robert Keast 40.00 X 119461 0 9933 Andrew Johnson 40.00 X 135839 0 20434 Sean Gibbons 40.00 X 125398 0 18254 1478951 0 148351 9 0 1 0 Greenberg Quinlan Rosner Research 10 G St NE 500 Washington DC 20002 Conduct surveys 121499 1 3247500 2950000 1333000 7530500 Miscellaneous Income 541900 137582 137582 Meeting Registration F 900099 15500 15500 153082 105558 105558 7789140 153082 0 105558 918202 714082 162923 41197 2163582 1756939 293618 113025 83512 66884 12173 4455 222919 178535 32493 11891 215827 172662 32374 10791 110757 110757 20296 20296 165030 165030 649445 648679 766 4731 3761 599 371 165916 132988 19969 12959 123169 98967 14517 9685 426038 341424 51115 33499 139869 112171 16714 10984 372884 362208 8875 1801 4459 3537 569 353 119753 95956 14378 9419 20327 12445 6688 1194 Printing and Publicatio 30785 24774 3561 2450 Pub off'l travel<$1,000 28225 28225 Miscellaneous Expenses 1699 1349 214 136 5987425 4755586 801833 430006 589132 778420 5823601 9293678 24034 178166 88093 100812 705602 255735 464512 449867 5659592 3842437 6463 6463 12655427 14649843 265915 346116 280000 392500 545915 738616 X 11810231 13658262 299281 252965 12109512 13911227 12655427 14649843 1801715 X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45084 33407 33407 1 0 0 0 3815000 66683 66683 3521625 -3454942 Organizations Direct and Indirect Political Campaign Activities: Part I-A, Line 1: The organization held briefings with candidates and their staffs on ideas and messaging relevant to their campaigns. 705602 255735 449867 449867 7789140 5987425 1801715 0 1801715 7789140 0 7789140 0 7789140 5987425 0 5987425 0 5987425 Description of Uncertain Tax Positions Under FIN 48: Part X: THIRD WAY adopted the provisions of FASB Interpretation No 48, Accounting for Uncertainty in Income Taxes (FIN 48). FIN 48 requires that a tax position be recognized on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of FIN 48 had no impact on the organization's audited statements of financial position or statements of activities. The organization does not believe its financial statements include (or reflect) any uncertain tax positions. X X 1 Pearson & Associates 900 19th St NW Wash DC 20006 Fundraising Consulting 0 300000 24000 276000 Katz Watson Group Inc 236 Mass Ave NE Wash DC 20002 Fundraising Consulting 0 0 60000 -60000 Holly P Hoscheit 7908 Rvr Fls Dr Potomac MD 20854 Fundraising Consulting 0 0 15000 -15000 Chad Fitzgerald 328 W 11th St New York NY 10014 Fundraising Consulting 0 0 35000 -35000 PeckMadiganJones&Stewart 1300ConnAvNW Wash DC 20036 Fundraising Consulting 0 0 12030 -12030 Wm Andresen 4435 Tuscany Ct Woodbridge VA 22192 Fundraising Consulting 0 0 12000 -12000 Andrew Garrahan 121-9 Ivy Dr Cville VA 22903 Fundraising Consulting 0 0 7000 -7000 300000 165030 134970 Additional information for Part I, Line 2b(v): The written agreements with Katz Watson Group, Inc. and Holly Page Hoscheit provided for the reimbursement of documented expenses relating to their fundraising consulting services. The following amounts were reimbursed: Holly Page Hoscheit $709 Katz Watson Group, Inc. $57 Third Way did not enter into any arrangements with fundraisers that solely paid for expense reimbursements without paying for fundraising services. 1 X 0 0 0 0 0 0 0 0 0 Jonathan Cowan 210120 0 0 0 737 0 8405 0 5726 0 224988 0 216994 0 Matthew Bennett 208257 0 0 0 0 0 8405 0 15038 0 231700 0 222707 0 Nancy Hale 210120 0 0 0 1330 0 8413 0 5446 0 225309 0 215200 0 James Kessler 207360 0 0 0 0 0 8407 0 14758 0 230525 0 218899 0 Andrew Johnson 135000 0 0 0 839 0 5396 0 15038 0 156273 0 0 0 New Program Services Form 990, Part III, line 2 In 2010 the organization undertook a new program service activity, the Domestic Policy Program, which is included under Part III - Line 4d and further described in this section. Form 990, Part VI, Section A, line 2 Trustees John Dyson and Robert Dyson are brothers. Trustees Barbara Manfrey Vogelstein and John Vogelstein are married. Form 990, Part VI, Section A, line 8b The Third Way Board of Trustees (its governing body) did not have any committees with authority to act on its behalf in 2010. Form 990, Part VI, Section B, line 11 First, the President, Treasurer and Chief Financial Officer conducted an in-depth review of an electronic version of the draft Form 990 as prepared by the CPAs. A second draft Form 990 was then reviewed by legal counsel. After incorporating additional changes,the updated, final version of the Form 990 was sent via e-mail to all members of the Board of Trustees for their review prior to filing the tax return with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is furnished annually to senior staff and Trustees, and new individuals are provided with a copy of this policy upon joining the Board of Trustees or senior staff. Form 990, Part VI, Section C, line 19 The governing documents, Conflict of Interest Policy, and financial statements are made available to the public upon request. Form 990, Part VII, Section A, Column (B): Estimated hours per week devoted to a related organization, Third Way Institute, by individuals listed in Column (A): Jonathan Cowan - 4 hours David Heller - 2 hours Thurgood Marshall, Jr. - 2 hours Howard Rossman - 2 hours Matthew Bennett - 2 hours Nancy Hale - 2 hours ECONOMIC PROGRAM Form 990, Part III, Line 4a Please note that for this program, and for all of the organization's programs, all reports developed by Third Way are made available to the general public through its website: www.thirdway.org. In 2010, the Economic Program had a number of significant exempt purpose achievements, including: 1. Middle Class Success: Proposed an extensive policy agenda to help middle-class Americans succeed economically. The agenda included ideas to: make college more affordable and accessible, build and preserve retirement savings, afford child care, empower consumers, and launch and support small businesses. 2. Federal Budget: Produced a series of policy memos, events, and proposals to highlight the threat presented to ecomonic growth by the federal budget deficit, put forward ideas to curb federal spending, and advocate improvements to the budget process. 3. Health Care Reform: Released a report describing how health care reform would lower health care costs and spending. 4. Trade and the Economy: Released reports, memos and held an event exploring how robust efforts to increase exports and enhance enforcement of trade rules can foster job creation and economic growth. CULTURE PROGRAM Form 990, Part III, Line 4d In 2010, the Culture Program had a number of significant exempt purpose achievements, including: 1. Abortion: Released a memo summarizing the progress made on finding common ground on the issue of abortion. 2. Immigration: Released a memo reviewing public opinion research on immigration and offering a suggested framework for talking about reform with moderates. 3. Gay Equality: Released a report based on original public opinion research analyzing how to most effectively persuade the middle to support marriage. 4. Religion: Released a report offering a roadmap for reaching religious Americans on public policy issues. CLEAN ENERGY PROGRAM Form 990, Part III, Line 4c In 2010, the Clean Energy Program had a number of significant exempt purpose achievements, including: 1. Spurring Energy Efficiency in Rural America: Released a policy paper proposing the creation of a program to encourage and help rural families pay for home energy efficiency improvements. 2. Expanding Use of Natural Gas: Issued a policy paper recommending ways to encourage the replacement of emission-intense fuels, including coal and diesel, with natural gas to reduce pollution. 3. Small Modular Reactors: Released a paper on the next-generation nuclear reactors, offering ideas to increase the use of pollution-free power. 4. Nuclear Revival: Convened a day-long conference with key policy makers and advocates of nuclear energy to discuss how to encourage construction of new nuclear power plants in the US to accelerate the use of clean energy and create new jobs. NATIONAL SECURITY PROGRAM Form 990, Part III, Line 4b In 2010, the National Security Program had a number of significant exempt purpose achievements, including: 1.New START: Released two papers analyzing the New START treaty with Russia and outlining the national security implications of the accord. 2.Cybersecurity: Issued a paper calling for a U.S. lead cybersecurity summit as the first step in building an international cybersecurity treaty. 3.Intel Reform: Issued a memo on appropriate oversight for the intelligence community. 4.Issued a paper on the growing mental health crisis in the military and its implications for military readiness. DOMESTIC POLICY PROGRAM Form 990, Part III, Line 4d In 2010, the Domestic Policy Program had a number of significant exempt purpose achievements, including: 1. Housing Crisis: Released a memo on the tremendous damage a national moratorium on housing foreclosures would do to the economy as a whole. Third Way Institute 1025 Connecticut Ave NW Ste 501 Washington DC 20036 260535276 Fund educational activities focused on moderate policy solutions DE 501(c)(3) 170(b)(1) (A)(vi) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0