The Hyde and Watson Foundation

EIN 222425725

Cranford, NJ 07016 |(908) 753-3700

https://WWW.HYDEANDWATSON.ORG
Total Given 2020–2024
$31.1M
2,764 grants · $6.2M avg/year
based on 5 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$10K
typical small grants · $8K–$13K
grant size
59%
supporter · 763/1,293 multi-year
repeat
$133.1M
Assets (2024)
1,293
Distinct Recipients

About

A PAPER COPY OF THE RETURN WAS MAILED IN AND RECEIVED BY THE IRS ON MAY 17, 2021. ON 11/29/21, THE CLIENT PROVIDED NOTIFICATION TO OUR FIRM THAT THE PAPER COPY OF THEIR 2020 990PF WAS BEING RETURNED BECAUSE IT WAS NOT FILED ELECTRONICALLY. IN THE PAST THIS CLIENT HAS SUBMITTED PAPER COPIES DUE THE THE EXTENSIVE AMOUNT OF INFORMATION ON THEIR GRANT LIST (543 NAMES). WE IMMEDIATELY RESEARCHED AND VERIFIED THE INFORMATION NEEDED AND REQUIRED FOR E-FILING. WORKING WITH THE VENDOR (CCH PRO-SYSTEMS) WE LEARNED THE LIST COULD NOT BE ATTACHED AS A PDF FOR FILING. IT REQUIRED DATA MODIFCATIONS TO IMPORT INTO THE RETURN TO QUALIFY FOR E-FILING. AS SOON AS IT WAS COMPLETED, THE RETURN WAS E-FILED. PLEASE NOTE THE ORIGINAL RECEIPT OF THE FILING DATE AND ACCEPT THIS AS REASONABLE CAUSE FOR THE DELAY IN THE E-FILING OF THE RETURN.

Focus Areas

Education Health Arts & Culture Environment Human Services

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person BRUNILDA MORIARTY
Phone (908) 753-3700
Deadlines SPRING GRANT APPLICATIONS NOVEMBER 15 - FEBRUARY 15 FALL GRANT APPLICATIONS JUNE 15 - SEPTEMBER 15
How to Apply GRANT APPLICATION FORM (ENTERED ONLINE). A BRIEF NARRATIVE (NO LONGER THAN THREE PAGES IN LENGTH), SIGNED BY AN AUTHORIZED OFFICIAL, SUMMARIZING THE BACKGROUND OF THE ORGANIZATION AND CONSTITUENCY SERVED, THE PURPOSE OF THE APPEAL, ANTICIPATED TIME FRAME FOR THE PROJECT, AND HOW THE EQUIPMENT/CAPITAL IMPROVEMENT WILL BENEFIT THE ORGANIZATION. A PROJECT BUDGET WITH LINE ITEMS. AN OPERATING BUDGET FOR THE CURRENT FISCAL YEAR. A LIST OF CORPORATE AND FOUNDATION SUPPORTERS FOR THE MOST RECENT FISCAL YEAR. A LIST OF THE BOARD OF DIRECTORS/TRUSTEES AND THEIR BUSINESS AFFILIATIONS. AN AUDITED FINANCIAL REPORT FOR THE MOST RECENT FISCAL YEAR. (IF AN AUDIT IS NOT PERFORMED, THE MOST RECENT FORM 990 WILL BE ACCEPTED.) A COPY OF THE ORGANIZATION'S ANNUAL REPORT (OPTIONAL). A COPY OF THE ORGANIZATION'S MOST RECENT 501(C)(3) AND 509(A) IRS RULING LETTER(S).
Restrictions THE FOUNDATION ONLY GIVES GRANTS TO NONPROFIT ORGANIZATIONS WITH A VALID TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND WHICH ARE CLASSIFIED AS PUBLIC CHARITIES AND NOT "PRIVATE FOUNDATIONS" UNDER SECTIONS 509(A)(1) OR (2) OF THE CODE. ORGANIZATIONS MUST BE IN COMPLIANCE WITH ALL MANDATORY FEDERAL AND STATE TAX AND FILING REQUIREMENTS. IN GENERAL, THE FOUNDATION DOES NOT ACCEPT APPLICATIONS FOR ENDOWMENT, OPERATING SUPPORT, BENEFIT FUNDRAISERS, ANNUAL FUND APPEALS, OR FROM FISCAL AGENTS. GRANTS WILL NOT BE MADE FOR LEASES OR RENTALS OF EQUIPMENT, FOR SUBSCRIPTION-BASED SOFTWARE, OR ANY OTHER RECURRING FEES. GRANTS ARE NOT MADE TO INDIVIDUALS, OR FOR PROJECTS OUTSIDE THE UNITED STATES OF AMERICA.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 $6.0M $155.2M $6.9M 538
2021 $6.7M $156.6M $14.5M 515
2022 $6.4M $116.1M $4.1M 536
2023 $5.9M $124.1M $3.1M 564
2024 $6.1M $133.1M $9.6M 611

Grant Size Distribution

Based on 2764 grants on record

Minimum
$5K
25th Pctl
$8K
Median
$10K
Average
$11K
75th Pctl
$13K
Maximum
$300K

Geographic Distribution

Officers & Directors

Grants Awarded (2,764 total)

Purpose
Community Foundation of New Jersey Morristown, NJ $300,000 DONOR ADVISED FUND. 2021
Community Foundation of New Jersey Morristown, NJ $250,000 DONOR ADVISED FUND. 2020
Ywca of Eastern Union County Kenilworth, NJ $100,000 FACILITY RENOVATIONS AND IMPROVEMENTS. 2020
Harlem Academy New York, NY $100,000 HARD COSTS RELATED TO THE CONSTRUCTION OF A NEW FACILITY. 2021
Young Men'S Christian Association of Greater New York New York, NY $75,000 FACILITY RENOVATIONS AND IMPROVEMENTS. 2020
Jewish Educational Center Elizabeth, NJ $75,000 PURCHASE OF FURNISHINGS AND EQUIPMENT. 2021
Boys & Girls Clubs of Union Inc Union, NJ $75,000 HARD COSTS RELATED TO FACILITY RENOVATIONS, AND PURCHASE OF EQUIPMENT AND FURNISHINGS. 2022
Harlem Rbi Incorporated Dba Dream New York, NY $75,000 HARD COSTS RELATED TO RENOVATIONS, AND PURCHASE OF EQUIPMENT AND FURNISHINGS FOR THE NEW DREAM SCHOOL. 2022
Trinitas Health Foundation Elizabeth, NJ $75,000 HARD COSTS RELATED TO RENOVATIONS AND PURCHASE OF EQUIPMENT FOR THE NEW INTERVENTIONAL RADIOLOGY SUITE. 2022
Main Street Counseling Service West Orange, NJ $75,000 PURCHASE OF A BUILDING. 2024
Bridgeway Rehabilitation Services Inc Elizabeth, NJ $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS AND IMPROVEMENTS. 2020
Kipp New Jersey Newark, NJ $50,000 HARD COSTS RELATED TO RENOVATIONS AND PURCHASE OF EQUIPMENT FOR KIPP LIFE ACADEMY 2020
Under 21 (Dba Covenant House New York) New York, NY $50,000 PURCHASE OF COMPUTER EQUIPMENT. 2020
Big Brothers Big Sisters of Essex Hudson and Union Counties Nj Inc Newark, NJ $50,000 PURCHASE AND INSTALLATION OF EQUIPMENT FOR THE NEW OFFICE IN NEWARK, NJ. 2021
Boys & Girls Clubs of Union Inc Union, NJ $50,000 HARD COSTS RELATED TO BUILDING RENOVATIONS AND IMPROVEMENTS. 2021
Children'S Specialized Hospital Foundation Inc Mountainside, NJ $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS, AND PURCHASE OF EQUIPMENT AND FURNISHINGS FOR THE UNION OUTPATIENT CENTER. 2021
Kipp New Jersey Newark, NJ $50,000 HARD COSTS RELATED TO ENERGY EFFICIENCY IMPROVEMENTS AT CHARTER SCHOOLS IN NEWARK. 2021
New York Hall of Science Queens, NY $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS AND PURCHASE OF EQUIPMENT. 2021
Trinitas Health Foundation Elizabeth, NJ $50,000 PURCHASE OF SPECIALIZED EQUIPMENT. 2021
Young Men'S Christian Association of Montclair Montclair, NJ $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS AND IMPROVEMENTS. 2021
Community Food Bank of New Jersey Inc Hillside, NJ $50,000 PURCHASE OF EQUIPMENT. 2022
New York Hall of Science Queens, NY $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS AND IMPROVEMENTS. 2022
Saint Vincent Academy Newark, NJ $50,000 HARD COSTS RELATED TO THE CONSTRUCTION AND PURCHASE OF EQUIPMENT FOR TWO SCIENCE LABS. 2022
Zufall Health Center Inc Dover, NJ $50,000 HARD COSTS RELATED TO THE CONSTRUCTION OF THE NEW FACILITY IN WEST ORANGE, NJ. 2022
Paper Mill Playhouse Millburn, NJ $50,000 HARD COSTS RELATED TO FACILITY RENOVATIONS AND IMPROVEMENTS. 2024