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
Personnel at Third Option Foundation
| Name | Title | Compensation | Date of data |
|---|
| Steven Cashen | Chief Executive Officer | $275,000 | 2024-11-15 |
| Melissa Allen | President and Chief Operating Officer | $255,000 | 2023-12-31 |
Financials for Third Option Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $8,072,975 | $12,468,133 | -35.3% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $282,519 | $174,543 | 61.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $753,979 | $-1,075 | 70237.6% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $8,096 | $750 | 979.5% |
| Total revenues | $9,117,569 | $12,642,351 | -27.9% |
Organizations like Third Option Foundation
| Organization | Type | Location | Revenue |
|---|
| The Philip Jaisohn Memorial Foundation | 501(c)(3) | Philadelphia, PA | $3,471,299 |
| First Children's Finance | 501(c)(3) | Minneapolis, MN | $30,342,329 |
| American Friends of the Episcopal Diocese of Jerusalem | 501(c)(3) | Darien, CT | $5,184,376 |
| Camphill Foundation | 501(c)(3) | Uwchland, PA | $3,244,790 |
| Boys Town Jerusalem Foundation of America | 501(c)(3) | New York, NY | $7,899,988 |
| Westchester Arc Foundation | 501(c)(3) | Hawthorne, NY | $2,704,859 |
| Boulder Crest Foundation | 501(c)(3) | Bluemont, VA | $16,923,809 |
| Moore Impact | 501(c)(3) | Denver, CO | $11,585,848 |
| Adopt-A-Classroom | 501(c)(3) | Minneapolis, MN | $8,225,864 |
| Foster Care to Success Foundation (FC2S) | 501(c)(3) | Cleveland, OH | $7,615,478 |
Data update history
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
October 18, 2024
Updated personnel
Identified 9 new personnel
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/Â
- 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 Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Delinquent
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0261040
- FTB Entity ID
- 4194344
- AB 488 data last updated ("as-of") date
- 2025-03-05
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