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
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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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