Canal Society of New Jersey
Canal Society of New Jersey is a private foundation, based in Parsippany, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it made $296K in qualifying distributions. Net investment income was $270K.
Canal Society of New Jersey at a glance
- Total assets
- $7,028,607
- +9.1% vs 2023
- Revenue (2024)
- $294,102
- +137.5% vs 2023
- Qualifying distributions (2024)
- $295,846
- +3.7% vs 2023
- Expenses (2024)
- $296,185
- +3.7% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Canal Society of New Jersey funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Canal Society of New Jersey gives
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $3K (2021) to $10K (2022). In 2022 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| D&R Canal Watch Rocky Hill, NJ | To Foster Donee Programs | $10,000 |
Ready to take the next step with Canal Society of New Jersey?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,028,607 | $294,102 | $296,185 | — | — | $295,846 | $269,894 | $335,646 |
| 2023 | $6,439,428 | $123,829 | $285,715 | — | — | $285,376 | $97,936 | $300,993 |
| 2022 | $5,806,707 | $135,850 | $272,233 | $10,000 | 1 | $271,894 | $120,372 | $301,522 |
| 2021 | $7,010,055 | $500,029 | $66,842 | $2,600 | 2 | $66,503 | $463,192 | $327,149 |
| 2020 | $6,428,293 | $463,257 | $81,350 | — | — | — | $423,846 | — |
Under IRS private-foundation payout rules, Canal Society of New Jersey reported a distributable amount of $336K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Canal Society of New Jersey is led by Joe Macasek, President on every filing since 2020; none of the 22 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joe Macasek
President
On filings since 2020
25 hrs/week
No compensation reported
Bierce Riley
Director
Director & Secretary → Director, 2023
On filings since 2020
2 hrs/week
No compensation reported
Bill Meier
Director
On filings since 2020
2 hrs/week
No compensation reported
Bruce Blondina
Director
On filings since 2020
2 hrs/week
No compensation reported
Janice Escobar
Director
On filings since 2020
10 hrs/week
No compensation reported
Jim Lee
Director
On filings since 2020
2 hrs/week
No compensation reported
Rich Richter
Director
On filings since 2020
2 hrs/week
No compensation reported
Steve Lauf
Director
On filings since 2020
2 hrs/week
No compensation reported
Bob Bodenstein
Director
On filings since 2021
2 hrs/week
No compensation reported
Bobbie Egan
Director
On filings since 2022
2 hrs/week
No compensation reported
Jeff Stanton
Director
On filings since 2022
2 hrs/week
No compensation reported
John Prieto
Director
On filings since 2022
10 hrs/week
No compensation reported
Carl Loutzenheiser
Recording Secretary
Director → Recording Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
Ken Roser
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Tim Roth
Vice President
On filings since 2020
25 hrs/week
No compensation reported
Bob Barth
Advisory
On filings since 2023
2 hrs/week
No compensation reported
Dennis S. Furbush
Advisory
On filings since 2023
2 hrs/week
No compensation reported
William J. McKelvey
Advisory
On filings since 2023
2 hrs/week
No compensation reported
William R. Gregor
Advisory
On filings since 2023
2 hrs/week
No compensation reported
Lewis Wefferling
Financial Administrator
New on the 2024 filing
2 hrs/week
No compensation reported
Pat Mueller
Advisory
New on the 2024 filing
2 hrs/week
No compensation reported
Rich Rockwell
Advisory
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (7)
- Former: Judith Keith (2023) — Director
- Former: Lew Wefferling (2023) — Financial Administrator
- Former: Judy Keith (2020–2022) — Director
- Former: Bierce Reilly (2021–2022) — Director
- Former: Rodney Howarth (2020–2021) — Director
- Former: William L. Pegg Jr. (2020–2021) — Director
- Former: Robert Bodenstein (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Canal Society of New Jersey
How large is Canal Society of New Jersey?
Canal Society of New Jersey reported $7.0M in total assets on its 2024 IRS Form 990-PF. It paid out $296K in qualifying distributions that year, against a required minimum of $336K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Canal Society of New Jersey operate?
Canal Society of New Jersey has awarded grants in New Jersey.
What is Canal Society of New Jersey's EIN?
Canal Society of New Jersey's EIN (Employer Identification Number) is 23-7263028. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Canal Society of New Jersey's focus areas in our free grants database
Similar Funders
Funders with grantees in common
The Mimi Washington Starrett Foundation
Florham Park, NJ
The foundation funds nonprofits serving the greater Morris County, New Jersey area in health and human services, housing, education, arts and culture, animal welfare, and environmental or historical preservation. Typical requests and awards range from $5,000 to $50,000, though grants may be larger; it accepts applications through an online process, but does not state whether it accepts unsolicited requests.
Assets
$23.7M
Grants
40
Total Given
$1.1M
The Robert Wood Johnson Foundation
Princeton, NJ
The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
New Jersey Council For The Humanities
Camden, NJ
The New Jersey Council for the Humanities has funded public-facing humanities projects in New Jersey, such as exhibitions, oral histories, and discussion programs. Past grants were $3,000–$15,000, but its grant program is currently paused; the profile does not state whether unsolicited requests are accepted.
Assets
$2.0M
Grants
16
Total Given
$202K
The James P Verhalen Family Fdn Inc
Stonington, CT
The James P Verhalen Family Foundation supports a range of charitable organizations, including those focused on education, community and environmental work, arts, and social services. Its 2024 grants ranged from $5,000 to $40,000, with a median of $10,000, and went to organizations in multiple states. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$4.3M
Grants
26
Total Given
$315K
FM Kirby Foundation Inc
Morristown, NJ
The F. M. Kirby Foundation funds organizations working in areas such as education, health, arts, the environment, human services, religion, and public affairs, with an emphasis on self-reliance and strong communities. Its 2024 grants ranged from $2,250 to $500,000, with a median of $45,000, and its main geographic interests include New Jersey, North Carolina’s Research Triangle, parts of Pennsylvania, and Adirondack Park in New York. It does not accept unsolicited requests; selected organizations are invited to apply.
Assets
$310.4M
Grants
264
Total Given
$16.8M
Alice C Tyler Perpetual Trust
Seattle, WA
The trust primarily funds environmental programs, including conservation, marine science, wildlife care, and environmental education, with occasional support for other causes. In 2024, its 20 grants ranged from $2,500 to $71,362, with a median of $37,585, and went to organizations in multiple states, led by Texas, California, Washington, Oregon, and Colorado. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$10.6M
Grants
20
Total Given
$633K
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Canal Society of New Jersey's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Canal Society of New Jersey down — hundreds of funders to go?