The Watershed Project Company
LAKEWOOD, NJ EIN: 85-4240705
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.0M
+17.4% YoY
Annual Giving
$476K
+0.2% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$238K
+100.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,049,356 | $3,450,326 | $3,742,550 |
| Revenue | $1,124,516 | $186,572 | $198,228 |
| Expenses | $525,486 | $492,020 | $337,681 |
| Qualifying Distributions | $476,348 | $475,204 | $316,000 |
| Net Investment Income | $717,313 | $184,651 | $104,056 |
| Distributable Amount | $172,669 | $162,706 | $175,848 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Watershed Project Company fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MESHULEM GELMAN | PRESIDENT | 1 | — |
| RIFKY GELMAN | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
New Jersey $1.6M (93%)
New York $44K (3%)
Pennsylvania $36K (2%)
Washington $36K (2%)
Utah $5K (0%)
Cities
BrooklynFar RockawayHowell TownshipKew GardensLakewoodNew YorkPark CityPennsylvaniaQueensSeattle
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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