Convert to Column Formula - column formula syntax isn't quite right

I am trying to populate project number from line 1 into line that has any text in To-Do column. The single line works but when I try to convert column formula I get "The column formula syntax isn't quite right, see our help article

I have tried it both

=IF(ISBLANK([To-Do]@row), "", [Project Number]$1)

=IF(ISBLANK([To-Do]@row), "", [Project Number]1)

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