The New Jersey State Capitol

Form 990-PFTax year 2025EIN 85-4240705

The Watershed Project Company

A private foundation in Lakewood, NJ. Its return for tax year 2025 lists 1 grant and $577,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $577,000

    Grants listed
    1
    Assets, end of year
    $3,629,757
  • Tax year 2024

    $476,348

    Grants listed
    2
    Assets, end of year
    $4,049,356
  • Tax year 2023

    $475,204

    Grants listed
    4
    Assets, end of year
    $3,450,326
  • Tax year 2022

    $316,000

    Grants listed
    4
    Assets, end of year
    $3,742,550
  • Tax year 2021

    $417,310

    Grants listed
    27
    Assets, end of year
    $3,882,003
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $1,000,000

Grants paid in 2025

1 grant, largest first

As listed on the return.

  1. Donors Fund Inc EIN 47-4844275Lakewood, NJ

    To further the exempt purpose of the organization

    $577,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. New Jersey1 grant $577,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Meshulem GelmanPRESIDENT Hours 1Pay $0
  • Rifky GelmanDIRECTOR Hours 1Pay $0

The return

More foundations

Other foundations in New Jersey

  1. Ruth & Peter Metz Family FoundationWestfield, NJ 75 grants Preselected only $576,000 giving
  2. Eagan Family Foundation IncPark Ridge, NJ 102 grants Accepts applications $575,960 giving
  3. Connors Foundation Catholic Activities IncVineland, NJ 8 grants Accepts applications $575,661 giving
  4. Weinshel Goldfarb Foundation IncRidgewood, NJ 21 grants Preselected only $575,420 giving
  5. Pizzo Family Foundation IncBridgewater, NJ 8 grants Preselected only $575,000 giving