The Hyde Family Charitable Fund is a private foundation based in Buffalo, New York, designated as a 501(c)(3) organization. Established in 1996, it operates as a family foundation focused on philanthropic grantmaking across diverse subject areas including arts and culture, education, community development, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+34.0% YoY
Annual Giving
$3.4M
-78.4% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$378K
-76.1% YoY
Mission & Focus Areas
The organization has not provided a formal mission statement. However, its funding priorities encompass:
- Arts and culture (performing arts, music, orchestral music, museums, art museums, humanities, literature and writing)
- Education
- Community and economic development (housing development)
- Human services (youth development and youth services)
Grantmaking
The fund demonstrates significant grantmaking activity relative to its asset base. In 2023, it made 16 grants, with notable recipients including:
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Geographic Focus
Where this funder awards grants
The fund provides funding to various cities across the United States, with particular activity in the Northeast and Midwest regions. It operates in at least 12 states: CA, CO, CT, DC, ID, IL, MA, MN, NH, NY, PA, TX, and WI.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2023:
- Total Assets: $3,821,959
- Total Revenue: $10,784,933
- Total Expenses: $15,853,307
- Total Liabilities: $20,000
Revenue Breakdown (2023):
- Total grants and contributions: $10,548,631
- Investment income and dividends: $196,645
The fund's expenses exceeded its revenue in 2023, indicating active deployment of assets. The significant increase in grants and contributions (4,898.5% change from 2022) reflects substantial philanthropic activity during this period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,119,626 | $3,821,959 | $5,202,377 |
| Revenue | $4,757,541 | $10,784,933 | $321,351 |
| Expenses | $3,440,360 | $15,853,307 | $482,838 |
| Qualifying Distributions | $3,402,079 | $15,785,450 | $421,375 |
| Net Investment Income | $93,282 | $168,445 | $64,854 |
| Distributable Amount | $354,227 | $630,780 | $388,451 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The fund is governed by trustees who serve without compensation:
- Thomas R. Hyde
- Margaret H. Wachtel
- Douglas W. Hyde
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS R HYDE | TRUSTEE | 1 | — |
| MARGARET H WACHTEL | TRUSTEE | 0.25 | — |
| DOUGLAS W HYDE | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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