NonprofitsThird Option Foundation

Human Services

Third Option Foundation

RESTON, VA

Total revenue

$12.8M

Total expenses

$6.6M

Net assets

$41.0M

Grants received

$28.9M

198 grants

EIN

464884866

Tax year

2024

Mission

To provide support to the families of government employees who have died or been seriously injured in the service of their country but whose employment status prohibits them from seeking assistance from normal governmental sources.

Programs

2 programs

Transition program: 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.

Expenses: $382KGrants: $368K

Survivorship program: provide immediate financial and logistical support during repatriation of a fallen operator, annual retreats and support for surviving families, annual commemoration events, and grief and financial counseling.

Expenses: $824KGrants: $617K

Financials

FY 2024

Revenue

Contributions & grants$11.8M
Program service revenue
Investment income$1.0M
Other revenue$2K
Total revenue$12.8M

Expenses

Grants paid$3.6M
Salaries & benefits$1.4M
Fundraising$544K
Other expenses$1.7M
Total expenses$6.6M
Total assets$41.5M
Net assets$41.0M

People

15 listed

NameRoleCompensation

STEVEN T CASHEN

CEO

Board

$255K

40 hrs/wk

MELISSA ALLEN

PRESIDENT AND COO

Board

$255K

40 hrs/wk

JAY GOFFMAN

TREASURER

Board

4 hrs/wk

STEPHANIE USRY BELLISTRI

SECRETARY

Board

4 hrs/wk

MIKE BINGLE

DIRECTOR

Board

2 hrs/wk

JOHN BURNHAM

DIRECTOR

Board

2 hrs/wk

BRIAN CARBAUGH

DIRECTOR

Board

2 hrs/wk

SCOTT D KRASE

CHAIRMAN/DIRECTOR

Board

4 hrs/wk

ANDREW MAKRIDIS

DIRECTOR

Board

2 hrs/wk

JAMES R MATTHEWS

DIRECTOR

Board

2 hrs/wk

KAREN M SCHAEFER

DIRECTOR

Board

2 hrs/wk

GRANT VERSTANDIG

DIRECTOR

Board

2 hrs/wk

JOHN C WOOD

DIRECTOR

Board

2 hrs/wk

KEVIN HIGGINS

DIRECTOR

Board

2 hrs/wk

R SCOTT SPELLMEYER

VICE-CHAIRMAN/DIRECTOR

Board

4 hrs/wk

Grants received

Showing 198 of 198

FromAmountPurposeYear
$521K
COMMUNITY & HUMAN SERVICES
2024
$206K
HUMAN SERVICE
2024
$150K
SCHOLARSHIPS
2024
$150K
PROGRAM SERVICE
2024
$122K
UNRESTRICTED GENERAL SUPPORT
2024
$100K
GENERAL CHARITABLE PURPOSES
2024
$50K
GENERAL APPROPRIATION
2024
$40K
CHARITABLE
2024
$30K
CHARITABLE
2024
$25K
GENERAL CHARITABLE USE
2024
$25K
GENERAL NEEDS OF ORGANIZATION
2024
$25K
General Operations
2024
$20K
COMMUNITY SERVICE
2024
$20K
UNRESTRICTED CONTRIBUTION
2024
$15K
UNRESTRICTED DONATION
2024
$13K
MILITARY SUPPORT
2024
$10K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATIONS EXEMPT PURPOSE.
2024
$10K
OTHER
2024
$10K
GENERAL OPERATING SUPPORT
2024
$10K
FAMILY AND SOCIAL SERVICES; DAF FUNDED
2024
$10K
CHARITABLE
2024
$9K
PROGRAM SUPPORT
2024
$5K
UNRESTRICTED PROGRAM SUPPORT
2024
$5K
GENERAL
2024
$5K
COMMUNITY SUPPORT
2024
$2.4M
For grant recipient's exempt purposes
2023
$1.5M
SUPPORT OF VETERANS PROGRAMS
2023
$560K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$500K
SUPPORT OF VETERANS PROGRAMS
2023
$500K
SEE SCHEDULE I, PART IV
2023
$250K
SUPPORT OF VETERANS PROGRAMS
2023
$135K
HUMAN SERVICE
2023
$100K
SCHOLARSHIPS
2023
$95K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
DONATION PROGRAM
2023
$30K
MEDICAL / PUBLIC SERVICES
2023
$27K
OPERATING SUPPORT
2023
$27K
OPERATING SUPPORT
2023
$27K
CIA SPECIAL ACTIVITIES CENTER
2023
$25K
CHARITABLE
2023
$25K
CHARITABLE
2023
$25K
GENERAL CHARITABLE USE
2023
$25K
GENERAL NEEDS OF ORGANIZATION
2023
$25K
High risk public servant mental health
2023
$25K
CONTRIBUTE
2023
$25K
GENERAL CHARITABLE PURPOSE
2023
$20K
CHARITABLE ASSISTANCE
2023
$20K
UNRESTRICTED CONTRIBUTION
2023
$15K
UNRESTRICTED DONATION
2023
$15K
GENERAL PURPOSES
2023
$14K
GENERAL SUPPORT
2023
$13K
UNRESTRICTED
2023
$12K
CHARITABLE CONTRIBUTION
2023
$10K
OTHER
2023
$10K
GENERAL FUND
2023
$10K
GENERAL SUPPORT
2023
$10K
FOR GENERAL SUPPORT
2023
$10K
Unrestricted operational support
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$9K
PROGRAM SUPPORT
2023
$5K
UNRESTRICTED PROGRAM SUPPORT
2023
$5K
GENERAL SUPPORT
2023
$5K
General Fund
2023
$5K
TO FUND CHARITABLE ACTIVITIES
2023
$4K
GENERAL PURPOSE GRANT
2023
$1K
Unrestricted operational support
2023
$1K
SUPPORT RECIPIENT'S TAX-EXEMPT PROGRAM
2023
$1K
GENERAL PURPOSE
2023
$2M
SUPPORT OF VETERANS PROGRAMS
2022
$1.7M
For grant recipient's exempt purposes
2022
$500K
SUPPORT FOR INJURED GOVERNMENT EMPLOYEES FAMILIES
2022
$292K
HUMAN SERVICES
2022
$270K
TO FURTHER JOINT EXEMPT PURPOSES
2022
$142K
GENERAL SUPPORT
2022
$110K
HUMAN SERVICE
2022
$100K
OPERATIONAL SUPPORT
2022
$100K
SUPPORT
2022
$75K
UNRESTRICTED GENERAL SUPPORT
2022
$50K
GIFT FOR PROGRAM SUPPORT
2022
$50K
UNRESTRICTED GRANT
2022
$50K
GIFT FOR PROGRAM SUPPORT
2022
$40K
COMMUNITY SERVICE
2022
$25K
GENERAL OPERATIONS
2022
$25K
CHARITABLE
2022
$25K
GENERAL CHARITABLE USE
2022
$25K
CHARITABLE
2022
$25K
GENERAL FUND
2022
$25K
GENERAL CONTRIBUTION
2022
$25K
GENERAL SUPPORT
2022
$20K
UNRESTRICTED CONTRIBUTION
2022
$18K
PROGRAM SUPPORT
2022
$15K
GENERAL PURPOSES
2022
$13K
CHARITABLE
2022
$10K
Unrestricted operational support
2022
$10K
OTHER
2022
$10K
CHARITABLE FOUNDATION
2022
$10K
CHARITABLE PURPOSE
2022
$10K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2022
$8K
COMMUNITY & HUMAN SERVICES
2022
$7K
GENERAL PURPOSE GRANT
2022
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
GENERAL SUPPORT
2022
$5K
CHARITABLE
2022
$5K
UNRESTRICTED
2022
$5K
GENERAL FUND
2022
$5K
GENERAL CHARITABLEPURPOSE OFTHE ORGANIZATION
2022
$5K
GENERAL
2022
$1K
Unrestricted operational support
2022
$1.1M
For grant recipient's exempt purposes
2021
$1.1M
For grant recipient's exempt purposes
2021
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2021
$515K
HUMAN SERVICES
2021
$50K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$32K
For recipient's exempt purpose
2021
$15K
GENERAL FUND
2021
$13K
CHARITABLE
2021
$10K
Unrestricted operational support
2021
$10K
UNRESTRICTED GENERAL
2021
$10K
GENERAL OPERATING FUND
2021
$10K
TO SUPPORT CIA FAMILIES DURING DIFFICULT TIMES AND HARDSHIPS.
2021
$5K
GENERAL USE
2021
$4K
GENERAL PURPOSE GRANT
2021
$2K
GENERAL SUPPORT
2021
$1K
CHARITABLE
2021
$1K
GENERAL SUPPORT.
2021
$2.2M
MEDICAL AND RESILIENCY PROGRAMS
2020
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2020
$962K
For grant recipient's exempt purposes
2020
$215K
TO FURTHER JOINT EXEMPT PURPOSES
2020
$50K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$50K
UNRESTRICTED
2020
$45K
HUMAN SERVICES
2020
$25K
SUPPORT THE PROGRAMS WHICH HONOR THE SERVICE AND SACRIFICE OF THE OPERATORS AND FAMILIES OF THE CIA SPECIAL ACTIVITIES COMMUNITY.
2020
$25K
GENERAL & UNRESTRICTED GRANT
2020
$20K
UNRESTRICTED GENERAL SUPPORT
2020
$20K
GENERAL CHARITABLE USE
2020
$20K
GENERAL SUPPORT
2020
$15K
GENERAL CONTRIBUTION
2020
$13K
CHARITABLE
2020
$10K
GENERAL USE
2020
$10K
GRANT TO FURTHER DONEE'S EXEMPT PURPOSE
2020
$10K
TO PROMOTE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ACTIVITIES
2020
$10K
SUPPORT TO FAMILIES OF GOVERNMENT EMPLOYEES WHO HAVE DIED OR BEEN SERIOUSLY INJURED IN THE SERVICE OF THEIR COUNTRY
2020
$10K
UNRESTRICTED GENERAL
2020
$10K
MEDICAL / PUBLIC SERVICES
2020
$3K
GENERAL PURPOSE GRANT
2020
$1K
GENERAL FUND
2020
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2019
$356K
HUMAN SERVICES
2019
$80K
For grant recipient's exempt purposes
2019
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. NO BENEFITS TO BE RECEIVED FROM THIS GRANT.
2018
$88K
For grant recipient's exempt purposes
2018
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2017
$163K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$110K
HUMAN SERVICES
2017
$43K
HEALTH & HUMAN SERVICES
2017

Funded by

$28.9M from 106 funders · 198 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$7.6M · 8 grants · 2017–2023

Clark Charitable Foundation Inc

$6.5M · 5 grants · 2020–2023

Communities Foundation Of Texas Inc

$5M · 5 grants · 2017–2021

National Philanthropic Trust

$1.7M · 6 grants · 2017–2023

Donor Advised Charitable Giving Inc

$1.2M · 7 grants · 2017–2023

Jewish Communal Fund

$560K · 1 grant · 2023

The Ayco Charitable Foundation

$528K · 2 grants · 2022–2024

Wounded Warrior Project Inc

$500K · 1 grant · 2023

Details

EIN464884866
NTEE codeP99
Subsection03
Ruling date2014-08
Formed2013
Employees0
Volunteers13
THIRD OPTION FOUNDATION — Mission, Financials & Grants Received | Grantivo