The Hyde and Watson Foundation
The Hyde and Watson Foundation is a private grantmaking foundation established in 1983 through the consolidation of two predecessor foundations: The Lillia Babbitt Hyde Foundation (established 1924) and The John Jay and Eliza Jane Watson Foundation (established 1949). Based in Warren, New Jersey, the foundation supports nonprofit organizations through capital project funding in the New York City and northern New Jersey regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88.2M
+1.1% YoY
Annual Giving
$6.1M
+4.5% YoY
Grant Count
611
+8.3% YoY
Avg Grant Size
$10K
-3.5% YoY
Mission & Focus Areas
The foundation exclusively supports capital projects for nonprofit organizations across the following sectors:
- Education
- Social Services
- Arts
- Health
- Religion
- Humanities
The foundation maintains a focused approach on one-time capital needs rather than operating support.
Grantmaking
Review Cycle
- First-come, first-reviewed basis
Grant Types
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds organizations in:
- The five boroughs of New York City
- Essex, Morris, and Union counties in New Jersey
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Assets: $116,096,531 (2022)
- Annual Giving: Approximately $6.5 million
- 2025 Total Awards: $6,461,180
- Revenue (2022): $4,119,796
- Expenses (2022): $8,881,763
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $88,200,725 | $87,251,751 | $92,327,695 |
| Revenue | $9,595,564 | $3,103,688 | $4,119,796 |
| Expenses | $8,646,590 | $8,179,632 | $8,881,763 |
| Qualifying Distributions | $7,318,752 | $6,943,750 | $7,450,552 |
| Net Investment Income | $7,916,731 | $1,097,076 | $1,880,951 |
| Distributable Amount | $6,297,553 | $5,845,736 | $6,214,247 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The Hyde and Watson Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Brunilda Moriarty
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH J BARKER | DIRECTOR | 1 | $1,000 |
| THOMAS W BERRY | DIRECTOR | 1 | $1,400 |
| HUNTER W CORBIN | DIRECTOR | 1 | $1,400 |
| HANS DEKKER | SECRETARY/DIRECTOR | 1 | $1,200 |
| DENISE M GRANT | DIRECTOR | 1 | $400 |
| JOHN W HOLMAN III | CHAIRPERSON/DIRECTOR | 1 | $1,400 |
| ANNE-MARIE KIM | DIRECTOR | 1 | $600 |
| THOMAS H MACCOWATT | ASSISTANT TREASURER/DIRECTOR | 1 | $1,400 |
| DONALD C MULLINS JR | TREASURER/DIRECTOR | 1 | $1,000 |
| WILLIAM V ENGEL | DIRECTOR | 1 | $1,200 |
| BRUNILDA MORIARTY | PRESIDENT/DIRECTOR | 35 | $290,510 |
Recent News & Activity
Recent developments and announcements
In Fall 2025, the Hyde and Watson Foundation approved $3,164,000 in grants to 301 organizations. The foundation awarded a total of $6,461,180 to 605 organizations throughout 2025. A current list of grants is available on the foundation's website.
Hyde and Watson Foundation Approves GrantsContact Information
- Website: hydeandwatson.org
- Email: info@hydeandwatson.org
- Phone: 908-753-3700
- Address: 31 Mountain Boulevard, Building F, Warren, NJ 07059-5617
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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