The Hyde and Watson Foundation
The Hyde and Watson Foundation is a Form 990-PF private foundation based in Warren Township, New Jersey. It supports capital projects for eligible nonprofit organizations in New York City and specified New Jersey counties, across fields including human services, education, health, arts and culture, and the environment.
The Hyde and Watson Foundation at a glance
In short: The Hyde and Watson Foundation gave $6.1M across 611 grants in 2024 (avg $10K), mostly in New York. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,135,640
- +4.5% vs 2023
- Grants made (2024)
- 611
- +8.3% vs 2023
- Average grant
- $10,042
- -3.5% vs 2023
- Median grant
- $10,000
- Total assets
- $88,200,725
- +1.1% vs 2023
- New grantees (estimate)
- 24% first-time grantees (144 of 611, 2024)
- Primary geography
- New York (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Hyde and Watson Foundation
- How to Apply
-
Applications are submitted through the online portal during the foundation’s application periods. Required materials include a brief narrative of no more than three pages, a line-item project budget, the current-year operating budget, a list of recent corporate and foundation supporters, a board list with business affiliations, and the most recent audited financial report or Form 990 if no audit is performed. An annual report is optional, and the organization’s most recent 501(c)(3) and 509(a) IRS ruling letters are also requested. Applicants must be 501(c)(3) public charities classified under Section 509(a)(1) or (2), and must be current on mandatory federal and state tax and filing requirements. The foundation does not fund operating support, endowment, fundraising events or campaigns, fiscal sponsors or agents, equipment leases or rentals, subscription-based software, recurring fees, individuals, or projects outside the United States. It generally makes no more than one grant to an organization per calendar year and may take a skip year after consecutive annual awards. Overdue reports for prior grants must be submitted before future proposals will be considered.
- Review Cycle
- The website lists Spring applications from December 15 through February 1 and Fall applications from June 15 through August 1. As of October 2, 2026, the Fall 2026 application period has passed; the next listed period is Spring, opening December 15.
- Deadline
- The website lists Spring applications from December 15 through February 1 and Fall applications from June 15 through…
- Contact
Application contact: Brunilda Moriarty
Mailing address: 31-F Mountain Boulevard, Warren Township, NJ 07059
Phone: (908) 753-3700
Email: info@hydeandwatson.org
Website: https://hydeandwatson.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Hyde and Watson Foundation
Who The Hyde and Watson Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Main Street Counseling Service ($75K). Together the top 10 received $405K.
Grant Size Distribution
2,764 grants across all recorded years
The most common grant size was under $50K: 2,738 grants of 2,764 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s primary service area is New York City’s five boroughs and Essex, Morris, and Union counties in New Jersey. Its FAQ says organizations outside those areas may be considered if they serve a significant number of people from the specified communities.
Grant Distribution by State
Share of 2024 grant dollars across all 611 itemized grants.
Cities
Is The Hyde and Watson Foundation open to new grantees?
24%
first-time grantees, 2024
In 2024, 144 of 611 grantees (24%) were first-time recipients. First grants averaged $8K; repeat grants $11K. How we count
Medians: $8K first-time, $10K repeat.
- 45% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−8%). Method
- In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.9M (2023) to $6.7M (2021). In 2024 it made 611 grants totaling $6.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Main Street Counseling Service West Orange, NJ | Purchase of a Building. | $75,000 |
| Paper Mill Playhouse Millburn, NJ | Hard Costs Related to Facility Renovations and Improvements. | $50,000 |
| Visual Arts Center of New Jersey Summit, NJ | Hard Costs Related to Facility Renovations and Improvements. | $50,000 |
| Zufall Health Center Inc Dover, NJ | Purchase of specialized equipment for the dental clinic in dover, nj. | $40,000 |
| Boys and Girls Clubs of Newark Inc Newark, NJ | Hard costs related to renovations and improvements for the pool. | $35,000 |
| Nourish NJ Inc Morristown, NJ | Purchase and Installation of Hvac Equipment. | $35,000 |
| Center for Hope Hospice Inc Scotch Plains, NJ | Purchase and installation of security equipment for the residence in elizabeth, nj. | $30,000 |
| Harlem RBI Incorporated DBA Dream New York, NY | Purchase of equipment for dream highbridge charter school, in the south bronx. | $30,000 |
| Institute of Music for Children Inc Elizabeth, NJ | Hard Costs Related to Facility Renovations and Improvements. | $30,000 |
| Notre Dame School of Manhattan New York, NY | Hard Costs Related to Building Renovations and Improvements. | $30,000 |
Ready to take the next step with The Hyde and Watson Foundation?
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 | $88,200,725 | $9,595,564 | $8,646,590 | $6,135,640 | 611 | $7,318,752 | $7,916,731 | $6,297,553 |
| 2023 | $87,251,751 | $3,103,688 | $8,179,632 | $5,871,545 | 564 | $6,943,750 | $1,097,076 | $5,845,736 |
| 2022 | $92,327,695 | $4,119,796 | $8,881,763 | $6,449,440 | 536 | $7,450,552 | $1,880,951 | $6,214,247 |
| 2021 | $97,089,662 | $14,479,449 | $9,025,850 | $6,654,800 | 515 | $7,609,106 | $10,221,060 | $7,728,842 |
| 2020 | $91,643,459 | $6,884,010 | $7,756,717 | $6,032,900 | 538 | — | $6,206,785 | $6,129,702 |
Under IRS private-foundation payout rules, The Hyde and Watson Foundation reported a distributable amount of $6.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated purpose is to support capital projects for eligible nonprofits in New York City and select New Jersey counties. Its website describes support for human services and society benefit, K–12 and early-childhood education, health, arts, culture and humanities, and the environment and animals.
Its grantees include organizations with varied missions. For example, the Visual Arts Center of New Jersey says it fosters personal expression and stronger communities through visual arts programs, while Paper Mill Playhouse describes its work as entertaining and inspiring audiences, educating students, and advancing musical theater. Zufall Health Center says it provides affordable, culturally responsive care to people facing barriers to health care; Boys & Girls Clubs of Newark focuses on helping Newark youth become responsible citizens.
Grantmaking
In filing year 2024, the foundation reported 611 grants totaling $6,135,640. Grant amounts ranged from $5,000 to $75,000, with a median of $10,000. The foundation’s website says that in recent years most awards have ranged from $5,000 to $20,000.
Among the largest reported 2024 grants were $75,000 to Main Street Counseling Service for a building purchase; $50,000 each to Paper Mill Playhouse and the Visual Arts Center of New Jersey for facility renovations and improvements; and $40,000 to Zufall Health Center for specialized dental-clinic equipment. Other reported grants included $35,000 to Boys and Girls Clubs of Newark for pool renovations and improvements and $30,000 to the Institute of Music for Children for facility improvements.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John W. Holman III as chairperson/director; Hans Dekker as secretary/director; Thomas H. MacCowatt as assistant treasurer/director; and Donald C. Mullins Jr. as treasurer/director. Other directors listed are Deborah J. Barker, Thomas W. Berry, Hunter W. Corbin, Denise M. Grant, Anne-Marie Kim, and William V. Engel.
The Hyde and Watson Foundation is led by Brunilda Moriarty, President & Director on every filing since 2020; all 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Brunilda Moriarty
President & Director
On filings since 2020
35 hrs/week
$200K (2020) → $291K (2024)
John W. Holman III
Chairperson & Director
Asst.treas & Director → Vice Chairperson & Director, 2021
Vice Chairperson & Director → Chairperson & Director, 2022
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Anne-Marie Kim
Director
On filings since 2020
1 hr/week
$1K (2020) → $600 (2024)
Deborah J. Barker
Director
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Hans Dekker
Secretary & Director
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Hunter W. Corbin
Director
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Thomas H. Maccowatt
Assistant Treasurer & Director
Treasurer & Director → Assistance Treasurer & Director, 2022
Assistance Treasurer & Director → Assistant Treasurer & Director, 2023
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Thomas W. Berry
Director
Assistant Treasurer & Director → Treasurer & Director, 2022
Treasurer & Director → Director, 2023
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
William V. Engel
Director
Chair & Director → Chairperson & Director, 2021
Chairperson & Director → Director, 2022
On filings since 2020
1 hr/week
$106K (2020) → $1K (2024)
Donald C. Mullins Jr.
Treasurer & Director
Director → Treasurer & Director, 2023
On filings since 2021
1 hr/week
$800 (2021) → $1K (2024)
Denise M. Grant
Director
New on the 2024 filing
1 hr/week
$400 (2024)
Former officers (3)
- Former: John W. Holman Jr. (2020–2023) — Director
- Former: Andrew J. Thompson (2020) — Director · Filing note: Resigned 52720
- Former: Robert W. Parsons Jr. (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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $291K, to Brunilda Moriarty (President/Director). 11 officers or directors reported compensation on that filing.
Frequently asked questions about The Hyde and Watson Foundation
How much does The Hyde and Watson Foundation give each year?
The Hyde and Watson Foundation gave $6.1M across 611 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.9M across 564 grants.
What is The Hyde and Watson Foundation's typical grant size?
The Hyde and Watson Foundation's median grant in 2024 was $10,000, and its average grant was $10,042, across 611 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Hyde and Watson Foundation that year got $8K on average.
Where does The Hyde and Watson Foundation give grants?
The Hyde and Watson Foundation gives mostly in New York: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (42%). The most frequent recipient cities were New York, NY (238 grants), Brooklyn, NY (64 grants), Bronx, NY (32 grants) and Newark, NJ (24 grants).
Does The Hyde and Watson Foundation give general operating support?
Occasionally: 1% of The Hyde and Watson Foundation's 2024 grants with a stated purpose (4 of 611) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Purchase of Equipment." (194 grants), "Hard Costs Related to Facility Renovations and Improvements." (82 grants) and "Purchase and Installation of Equipment." (54 grants).
Who are The Hyde and Watson Foundation's largest grantees?
The Hyde and Watson Foundation's largest 2024 grantees include Main Street Counseling Service ($75,000), Paper Mill Playhouse ($50,000) and Visual Arts Center of New Jersey ($50,000), according to its 2024 IRS Form 990-PF. Together they received 3% of its itemized 2024 grant dollars.
How large is The Hyde and Watson Foundation?
The Hyde and Watson Foundation reported $88.2M in total assets on its 2024 IRS Form 990-PF. It paid out $7.3M in qualifying distributions that year, against a required minimum of $6.3M (roughly 5% of its investment assets).
What does The Hyde and Watson Foundation fund?
The foundation’s stated purpose is to support capital projects for eligible nonprofits in New York City and select New Jersey counties. See mission & focus areas ↑
How do I apply for a grant from The Hyde and Watson Foundation?
Applications are submitted through the online portal during the foundation’s application periods. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Hyde and Watson Foundation's EIN?
The Hyde and Watson Foundation's EIN (Employer Identification Number) is 22-2425725. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Hyde and Watson Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-hyde-and-watson-foundation-morg_ea17d6d4506a465b818535d31df56c45
BibTeX
@misc{grantable_222425725_2026,
author = {{Grantable}},
title = {{The Hyde and Watson Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-hyde-and-watson-foundation-morg_ea17d6d4506a465b818535d31df56c45},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Hyde and Watson Foundation'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.
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