Third Way Institute is the charitable arm of Third Way, a lobbying and advocacy organization that advocates for “modern center-left ideas.” Third Way Institute was founded in 2005 and helps fund the tax-exempt work of Third Way. Third Way Institute receives all of Third Way’s online contributions and then makes large grants back to Third Way to fund the advocacy group’s operations.
...Third Way Institute has received at least $4,519,000 of grants from the left-of-center William and Flora Hewlett Foundation since 2016. The Institute has also received a $1,949,150 grant from the left-of-center Gates Foundation; a $1,505,400 grant from the commercial donor-advised fund (DAF) provider Fidelity Investments Charitable Gift Fund; and a $1,060,840 from Arnold Ventures.
Funding
Third Way Institute receives its funding from individual contributions through Democratic Party-aligned passthrough ActBlue, Third Way’s donation website, and foundation grants.