EIN 46-4884866

Third Option Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Year formed
2013
Most recent tax filings
2023-12-01
Description
Third Option Foundation provides support to families of government employees who died or were seriously injured in service of their country.
Total revenues
$9,117,569
2023
Total expenses
$6,417,442
2023
Total assets
$34,607,554
2023
Num. employees
8
2023

Program areas at Third Option Foundation

Medical program: provide support for physical and cognitive health assessment and treatment for officers and their families, as well as family resiliency retreats for families of deploying officers and survivors of fallen officers.
Survivorship: provide immediate financial and logistical support during the repatriation of a fallen operator, annual camps and support for surviving children, academic support and college preparation service for children, emergency home maintenance and home support, and grief and financial counseling.
Transition support: provide support to officers and their family members as officers end their current employment. Provides continued access to the medical and family resiliency & behavioral health programs. Facilitates contact with financial advisory assistance, professional coaching, networking, and certification programs, and participation in legacy events.

Who funds Third Option Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,705,750
A James and Alice B Clark FoundationSupport of Veterans Programs$1,500,000
A James and Alice B Clark FoundationSupport of Veterans Programs$500,000
...and 51 more grants received totalling $6,391,811

Personnel at Third Option Foundation

NameTitleCompensation
Steven T. CashenChief Executive Officer$220,500
Melissa P. AllenPresident and Chief Operating Officer$184,000
Miriam D'AlessandroCommunications Director
Colin McKeeProgram Director , Survivorship and Operator and Family Resiliency
Debra RogersDevelopment Operations Manager
...and 7 more key personnel

Financials for Third Option Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,072,975
Program services$0
Investment income and dividends$282,519
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$753,979
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,096
Total revenues$9,117,569

Form 990s for Third Option Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122023-06-14990View PDF
2021-122022-11-15990View PDF
2020-122021-10-14990View PDF
...and 8 more Form 990s

Organizations like Third Option Foundation

OrganizationLocationRevenue
The Philip Jaisohn Memorial FoundationPhiladelphia, PA$3,471,299
First Children's FinanceMinneapolis, MN$29,299,227
Boulder Crest FoundationBluemont, VA$16,923,809
Westchester Arc FoundationHawthorne, NY$2,704,859
Boys Town Jerusalem Foundation of AmericaNew York, NY$7,899,988
Camphill FoundationUwchland, PA$3,244,790
American Friends of the Episcopal Diocese of JerusalemDarien, CT$5,184,376
Foster Care to Success Foundation (FC2S)Cleveland, OH$7,615,478
Adopt-A-ClassroomMinneapolis, MN$8,225,864
Bright FuturesTelluride, CO$2,535,134
Data update history
November 26, 2024
Received grants
Identified 7 new grant, including a grant for $135,000 from American Endowment Foundation
October 18, 2024
Updated personnel
Identified 9 new personnel
August 25, 2024
Received grants
Identified 13 new grant, including a grant for $50,000 from Greater Washington Community Foundation
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from Greater Washington Community Foundation
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsHuman service organizationsCharities
Issues
Human services
Characteristics
National levelTax deductible donationsAccepts online donations
General information
Address
12007 Sunrise Valley Dr 105
Reston, VA 20191
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Fairfax County, VA
Website URL
thirdoptionfoundation.org/ 
Phone
(571) 386-8623
IRS details
EIN
46-4884866
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P00: Human Services: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0261040
FTB Entity ID
4194344
AB 488 data last updated ("as-of") date
2024-12-31
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