Jr Hyde III Family Foundation
The JR HYDE III FAMILY FOUNDATION is a private foundation based in Memphis, Tennessee. It supports charitable organizations serving Memphis, with funding focused on education, arts and culture, leadership and civic pride, and neighborhoods and public spaces. The foundation describes its aim as helping create a thriving Memphis for all.
Key facts about Jr Hyde III Family Foundation
In short: Jr Hyde III Family Foundation gave $12.9M across 141 grants in 2024 (avg $91K), mostly in Tennessee. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 62-1512725
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $12,895,482
- Grants made (2024)
- 141
- Average grant
- $91,457
- Median grant
- $37,500
- New grantees (estimate)
- 22% first-time grantees (31 of 141, 2024)
- Total assets
- $256,470,969
- Primary geography
- Tennessee (94% of itemized 2024 grant dollars)
- How to apply
- The foundation invites organizations to contact program staff before applying and submit an application online. Full details ↓
- Deadline
- The foundation’s homepage lists March 1, 2027 as the next application deadline.
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
Is Jr Hyde III Family Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 31 of 141 grantees (22%) were first-time recipients. First grants averaged $19K; repeat grants $112K. How we count
Medians: $1K first-time, $49K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s current strategic plan, Impact 2028, guides its work in four areas:
- Education: Supporting Memphis’s education system so students are prepared for college, career, and life.
- Arts & Culture: Investing in cultural institutions, arts organizations, artists, and programs that contribute to Memphis’s cultural life and creative economy.
- Leadership & Civic Pride: Supporting leaders, institutions, and narratives that strengthen civic life and Memphis’s reputation.
- Neighborhoods & Public Spaces: Supporting vibrant neighborhoods, parks, public spaces, and quality affordable housing.
The foundation says equity is central to its investments and prioritizes work that expands access and opportunity for communities of color, lower-income residents, and neighborhoods underserved by public and private investment.
Its 2024 grants included support for organizations with varied missions. Memphis Education Fund describes its work as partnering with local school districts on school improvement and initiatives to increase K–12 educational outcomes. Wolf River Conservancy says it works to conserve and enhance the Wolf River and its environment for public education and low-impact recreation. Youth Villages says it helps children and families live successfully. ArtsMemphis describes its mission as supporting the arts to strengthen the Memphis community.
Grantmaking
In 2024, the foundation reported 141 grants totaling **$12,895,482**. Grant amounts ranged from **$50 to $1,700,000**, with a median grant of **$37,500**. Among the largest awards were **$1,700,000** to Memphis Brooks Museum of Art for general operating support and the Bridge Fund; **$900,000** to Memphis Medical District Collaborative for staff capacity and general operating support; **$850,000** to Memphis Education Fund for general operations and education-related support; and **$750,250** to the National Civil Rights Museum for general operations and the Freedom Award.
Review Cycle
** The foundation’s homepage lists March 1, 2027 as the next application deadline. Its filing also lists deadlines of February 1, May 1, and August 1.
Open Grants
1 open opportunity from Jr Hyde III Family Foundation
Ready to take the next step with Jr Hyde III Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation describes its work as rooted in Memphis and funds charitable organizations serving the Memphis area. Its filing says awards are primarily limited to Tennessee, with a strong emphasis on Memphis. In 2024, 94% of grant dollars went to recipients in Tennessee; the remaining reported shares went to recipients in Washington, DC (3%), North Carolina (1%), California (1%), and Colorado (1%).
Grant Distribution by State
Share of all 141 itemized 2024 grant dollars.
States
Cities
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
704 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MEMPHIS BROOKS MUSEUM OF ART Memphis, TN | GENERAL OPERATING SUPPORT / SUPPORT FOR THE BRIDGE FUND | $1,700,000 |
| MEMPHIS MEDICAL DISTRICT COLLABORATIVE Memphis, TN | SUPPORT TO BUILD INDIVIDUAL STAFF CAPACITY TO LEAD / GENERAL OPERATING SUPPORT | $900,000 |
| MEMPHIS EDUCATION FUND Memphis, TN | SUPPORT FOR GENERAL OPERATIONS AND PARTNER ORGANIZATION GRANTMAKING/SUPPORT FOR INTERVENTION SOFTWARE AND TEACHER AND STUDENT INCENTIVES | $850,000 |
| NATIONAL CIVIL RIGHTS MUSEUM Memphis, TN | SUPPORT FOR GENERAL OPERATIONS & THE 2022 FREEDOM AWARD | $750,250 |
| WOLF RIVER CONSERVANCY Memphis, TN | GENERAL OPERATING SUPPORT/SUPPORT FOR THE NAE GRANT APPLICATION/SUPPORT FOR THE RAISE GRANT APPLICATION | $701,050 |
| YOUTH VILLAGES INC Memphis, TN | SUPPORT FOR THE MEMPHIS ALLIES PROGRAM | $500,200 |
| TEACH FOR AMERICA Memphis, TN | SUPPORT FOR MEMPHIS AREA EDUCATORS | $350,000 |
| VIBRANT MEMPHIS INC DBA EPICENTER Memphis, TN | SUPPORT FOR THE FORMATION FUND AND GENERAL OPERATIONS | $350,000 |
| BALLET MEMPHIS Memphis, TN | GENERAL OPERATING SUPPORT | $345,500 |
| MAYORS INSTITUTE FOR EXCELLENCE Memphis, TN | GENERAL OPERATING SUPPORT/SUPPORT FOR THE DATA MID-SOUTH CIVIC DATA HUB/SUPPORT FOR COMMUTE OPTIONS SCHOOLS | $279,200 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $256,470,969 | $24,925,853 | $16,517,110 | $12,895,482 | 141 |
| 2023 | $248,219,439 | $31,470,439 | $16,530,062 | $12,781,521 | 130 |
| 2022 | $233,278,935 | $18,323,305 | $15,398,428 | $11,939,240 | 155 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Teresa Sloyan as president; Barbara R. Hyde as chairman and CEO; John H. Pontius as treasurer; Lorie Jernigan as secretary; and Corie Rivers as assistant secretary. Directors listed are Joseph R. Hyde III, Allen B. Hyde, Margaret E. Hyde, Susannah Hyde, and William C. Rhodes III.
Jr Hyde III Family Foundation is led by Barbara R. Hyde, Chairman & CEO on every filing since 2020; 3 of 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Barbara R. Hyde
Chairman & CEO
On filings since 2020
10 hrs/week
$35K (2020) → $52K (2024)
Teresa Sloyan
President
On filings since 2020
40 hrs/week
$298K (2020) → $329K (2024)
Allen B. Hyde
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Charles T. Tuggle Jr.
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Joseph R. Hyde III
Director
On filings since 2020
10 hrs/week
No compensation reported
Margaret E. Hyde
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Susannah Hyde
Director
On filings since 2020
0.2 hrs/week
No compensation reported
William C. Rhodes III
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Corie Rivers
Assistant Secretary
On filings since 2020
5 hrs/week
$57K (2021) → $77K (2024)
John H. Pontius
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Lorie Jernigan
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Contact
Application contact: Lauren Jenkins
Mailing address: 17 West Pontotoc Avenue Suite 200, Memphis, TN 38103
Phone: (901) 685-3409
Website: https://hydefoundation.org
Frequently asked questions about Jr Hyde III Family Foundation
How much does Jr Hyde III Family Foundation give each year?
Jr Hyde III Family Foundation gave $12.9M across 141 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12.8M across 130 grants.
What is Jr Hyde III Family Foundation's typical grant size?
Jr Hyde III Family Foundation's median grant in 2024 was $37,500, and its average grant was $91,457, across 141 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Jr Hyde III Family Foundation that year got $19K on average.
Where does Jr Hyde III Family Foundation give grants?
Jr Hyde III Family Foundation gives mostly in Tennessee: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Memphis, TN (97 grants), Nashville, TN (5 grants), Washington, DC (5 grants) and Atlanta, GA (5 grants).
Does Jr Hyde III Family Foundation give general operating support?
Yes: 82% of Jr Hyde III Family Foundation's 2024 grants with a stated purpose (116 of 141) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Jr Hyde III Family Foundation's largest grantees?
Jr Hyde III Family Foundation's largest 2024 grantees include Memphis Brooks Museum of Art ($1,700,000), Memphis Medical District Collaborative ($900,000) and Memphis Education Fund ($850,000), according to its 2024 IRS Form 990-PF. Together they received 27% of its itemized 2024 grant dollars.
How large is Jr Hyde III Family Foundation?
Jr Hyde III Family Foundation reported $256.5M in total assets on its 2024 IRS Form 990-PF. It paid out $15.8M in qualifying distributions that year, against a required minimum of $13.8M (roughly 5% of its investment assets).
What does Jr Hyde III Family Foundation fund?
The foundation’s current strategic plan, Impact 2028, guides its work in four areas: • **Education:** Supporting Memphis’s education system so students are prepared for college, career, and life. • **Arts & Culture:** Investing in cultural institutions, arts organizations, artists, and programs that contribute to Memphis’s cultural life and creative economy. • **Leadership & Civic Pride:** Supporting leaders, institutions, and narratives that strengthen civic life and Memphis’s reputation. • **…
How do I apply for a grant from Jr Hyde III Family Foundation?
The foundation invites organizations to contact program staff before applying and submit an application online. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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