Jr Hyde Iii Family Foundation
The J.R. Hyde III Family Foundation, commonly known as the Hyde Family Foundation, is a private foundation based in Memphis, Tennessee. Created in 1992 by Barbara and Pitt Hyde, the foundation operates with a mission to build a thriving, unified Memphis for all. The foundation describes its approach as "sleeves-rolled-up philanthropy, rooted in family," emphasizing hands-on community engagement and long-term commitment to the Memphis area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$256.5M
+3.3% YoY
Annual Giving
$12.9M
+0.9% YoY
Grant Count
141
+8.5% YoY
Avg Grant Size
$91K
-7.0% YoY
Under IRS private-foundation payout rules, Jr Hyde Iii Family Foundation reported a distributable amount of $13.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation applies an equity lens to all its work, with goals to close the achievement gap, support and advance leaders and communities of color, empower individuals, and create accessible pathways to opportunity for all.
The foundation funds organizations working in four impact areas:
- Education
- Arts & Culture
- Neighborhoods & Public Spaces
- Leadership & Civic Pride
Grantmaking
Only 501(c)(3) nonprofit organizations serving the Memphis area are eligible to apply. The foundation does not make grants to individuals or political organizations.
Grant Range
No minimum or maximum
Average Grant
amount: $98,319
Review Cycle
is March 1. Pre-application support is strongly encouraged.
How to Apply
**
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Geographic Focus
Where this funder awards grants
Memphis, Tennessee area
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $256,470,969
- Annual giving: $12,895,482 (2023); approximately $12-20 million annually
- Total invested in Memphis since founding: More than $250 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $256,470,969 | $248,219,439 | $233,278,935 |
| Revenue | $24,925,853 | $31,470,439 | $18,323,305 |
| Expenses | $16,517,110 | $16,530,062 | $15,398,428 |
| Qualifying Distributions | $15,806,575 | $15,518,385 | $14,495,626 |
| Net Investment Income | $23,396,472 | $31,229,641 | $18,888,403 |
| Distributable Amount | $13,823,920 | $9,263,230 | $13,687,399 |
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 Jr Hyde Iii Family Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ballet Memphis ($345,500), 50can Inc ($250,000), Artsmemphis ($225,400).
| Recipient | Purpose | Amount |
|---|---|---|
| 50CAN INC WASHINGTON, DC | SUPPORT FOR THE 2023 SUMMER BOOST PROGRAM IN MEMPHIS | $250,000 |
| A STEP AHEAD FOUNDATION INC MEMPHIS, TN | GENERAL OPERATING SUPPORT | $4,000 |
| ALL SAINTS EPISCOPAL SCHOOL ATLANTA, GA | GENERAL OPERATING SUPPORT | $1,000 |
| ALLMEMPHIS MEMPHIS, TN | SUPPORT FOR ALLMEMPHIS FOUNDATIONAL LITERACY COMMUNITY COHORT | $100,000 |
| ALPHA OMEGA VETERANS SERVICES MEMPHIS, TN | SUPPORT FOR ALLMEMPHIS FOUNDATIONAL LITERACY COMMUNITY COHORT | $1,000 |
| AMERICAN HEART ASSOCIATION KNOXVILLE, TN | GENERAL OPERATING SUPPORT | $5,000 |
| ARCHER SCHOOL FOR THE GIRLS INC LOS ANGELES, CA | GENERAL OPERATING SUPPORT | $14,000 |
| ARTSMEMPHIS MEMPHIS, TN | GENERAL OPERATING SUPPORT | $225,400 |
| ASSET FUNDERS NETWORK CHICAGO, IL | GENERAL OPERATING SUPPORT | $30,200 |
| ATLANTA HUMANE SOCIETY ATLANTA, GA | GENERAL OPERATING SUPPORT | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founders:
- Barbara Hyde
- Pitt Hyde (Joseph R. "Pitt" Hyde III)
About Pitt Hyde: Joseph R. "Pitt" Hyde III is a nationally known entrepreneur and philanthropist. After graduating from the University of North Carolina in 1965 with a degree in economics, he joined Malone & Hyde, the wholesale food company founded by his grandfather in 1907. Under his leadership, Malone & Hyde became the United States' third largest wholesale food distributor with annual sales exceeding $3 billion. In 1979, he established AutoZone Inc., guiding its growth from one store to a retail auto parts giant with more than 4,800 stores across the U.S., Puerto Rico, and Mexico. He retired as CEO and chairman in 1997 and remains on the AutoZone board of directors. In 2004, Hyde was inducted into the Automotive Hall of Fame for his innovations in auto parts sales and service.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERESA SLOYAN | PRESIDENT | 40 | $328,889 |
| BARBARA R HYDE | CHAIRMAN/CEO | 10 | $52,000 |
| JOHN H PONTIUS | TREASURER | 2 | — |
| LORIE JERNIGAN | SECRETARY | 5 | — |
| CORIE RIVERS | ASST SECRETARY | 5 | $76,956 |
| JOSEPH R HYDE III | DIRECTOR | 10 | — |
| ALLEN B HYDE | DIRECTOR | 0.2 | — |
| MARGARET E HYDE | DIRECTOR | 0.2 | — |
| SUSANNAH HYDE | DIRECTOR | 0.2 | — |
| WILLIAM C RHODES III | DIRECTOR | 0.2 | — |
| CHARLES T TUGGLE JR | DIRECTOR | 0.2 | — |
Contact Information
- Address: 17 W. Pontotoc Ave., Suite 200, Memphis, TN 38103
- Phone: 901-685-3400
- Email: info@hydefoundation.org
- Website: www.hydefoundation.org
Frequently Asked Questions
What does Jr Hyde Iii Family Foundation fund?
The foundation applies an equity lens to all its work, with goals to close the achievement gap, support and advance leaders and communities of color, empower individuals, and create accessible pathways to opportunity for all. The foundation funds organizations working in four impact areas: • **Education** • **Arts & Culture** • **Neighborhoods & Public Spaces** • **Leadership & Civic Pride**
How do I apply for a grant from Jr Hyde Iii Family Foundation?
**Grant Characteristics:** • Grant range: No minimum or maximum • Average grant amount: $98,319 • Median grant amount: $25,000 • Success rate: 84% (130 grants awarded from approximately 155 applications) • Decision time: 12 weeks **Eligibility:** Only 501(c)(3) nonprofit organizations serving the Memphis area are eligible to apply. The foundation does not make grants to individuals or political organizations. **Application Process:** 1. Review funding priorities to confirm alignment 2. Contact …
Where does Jr Hyde Iii Family Foundation make grants?
Memphis, Tennessee area
What size grants does Jr Hyde Iii Family Foundation award?
In 2024, Jr Hyde Iii Family Foundation awarded 141 grants totaling $12.9M — an average of about $91K per grant, based on its IRS Form 990 filings.
How much is Jr Hyde Iii Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jr Hyde Iii Family Foundation reported a distributable amount of $13.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jr Hyde Iii Family Foundation's EIN?
Jr Hyde Iii Family Foundation's EIN (Employer Identification Number) is 62-1512725. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jr Hyde Iii Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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