Hyde+Family+Foundation


 * Hyde Family Foundations**

17 W. Pontotoc Ave., Ste. 200

Memphis, TN 38103-3826

Telephone: (901) 685-3400

Contact: Teresa Sloyan, Exec. Dir.

Fax: (901) 683-7478

E-mail: info@hydefoundation.org

URL: www.hydefoundation.org


 * Type of Grantmaker:** Independent foundation


 * IRS Exemption Status:** 501(c)(3)


 * Online Communications :** E-Newsletter ; Knowledge Center


 * Donor(s) :** J.R. Hyde, Sr.‡; J.R. Hyde, III; Barbara R. Hyde.


 * Background :** J.R. Hyde Senior Family Foundation and J.R. Hyde III Family Foundation established in TN in 1961 and 1993, respectively. The Hyde Family Foundations are a pair of philanthropic funds created by members of the Hyde family over a 46-year period, beginning with an initial $1 million investment by Joseph Hyde, Sr. in 1961. Today the assets of the Hyde Family Foundations total $130 million and approximately $7.8 million is granted annually to groups dedicated to improving the quality of life in the Memphis, TN areaAt the close of 2008, the market value of the foundation's assets totaled $116.3 million, a 20 percent decrease from the 2007 value ($145.4 million)


 * Limitations :** Giving primarily in Memphis, TN. No support for political organizations. No grants to individuals.


 * Purpose and Activities :** The Hyde Family Foundations are committed to building a better Memphis. Through active, engaged philanthropy, their mission is to empower the people and programs that are making measurable differences in the community, and to provide leadership on public policy issues that will help Memphis become a world-class, 21st century city. The foundation is passionate about supporting high-impact initiatives in Memphis, focusing on three distinct areas of influence: 1) Transforming Education; 2) Positioning Authentic Assets; and 3) Strengthening Neighborhoods.


 * Program Area(s) :** The grantmaker has identified the following area(s) of interest:


 * Education:** The foundations' interest is in pre-school through grade 12 education, working on public policy as well as both public/private systems. The foundations are open to any and all efforts that are successful in improving academic achievement for all students. The foundations support efforts to reform and strengthen the public education system in Memphis, provide new or expanded programs for learning, and ensure all parents have educational options for their children. The foundations are also dedicated to building the leadership capacity needed to address these challenges. The foundations are seeking proposals that feature: 1) Entrepreneurial, innovative approaches that have proven to increase achievement for students, particularly students who are presently falling behind; 2) Efforts to recruit, develop, and support excellent principals and teachers; 3) Projects that engage the public in a meaningful dialogue on needs and opportunities in the current educational system; and 4) Efforts to improve the management and governance in Memphis area public schools and public school systems. Applications for projects involving Memphis City schools must include a letter from the Superintendent.


 * Healthy Neighborhoods:** Realizing that healthy neighborhoods are vital to the growth and development of a city, the foundations aim to develop strategic alliances with neighborhoods where they already have significant investments or anchors. They seek proposals that strive to: 1) Increase the capacity of local nonprofits and community/faith-based institutions to launch and sustain considerable community revitalization efforts; 2) Build synergies among the public and private sectors; and 3) Identify and nurture new grassroots leadership. The foundations seek to leverage public funds to stimulate the creation of healthy, vibrant neighborhoods.


 * Key Organization Grants:** These annual grants are made at the discretion of the trustees to a limited number of organizations the foundations feel are key to carrying out its philanthropic mission.


 * Positioning Memphis:** The foundations support efforts to position Memphis as a progressive, first-class city by supporting critical civic and cultural initiatives that strengthen the Memphis economy. Their aim is to leverage community assets to promote national significance. The foundations are seeking proposals that strive to: 1) Create a positive economic impact either through increased tourism or demonstrated economic development; 2) Enable Memphis to compete for new investment and build upon existing assets; and 3) Bring the community together around a vision for a more vital city and enhance civic pride. The goal is to encourage Memphis' brightest and best to stay in Memphis and attract top-level talent from other areas to the city.


 * Fields of Interest :****Subjects:** Arts; Community development, neighborhood development; Education, reform; Housing/shelter.


 * Geographic Focus :** Tennessee.


 * Types of Support :** Building/renovation; Capital campaigns; Consulting services; Employee matching gifts; General/operating support; Matching/challenge support; Program development; Program evaluation; Seed money; Technical assistance.


 * Publications :** Application guidelines.


 * Application Information :** Applications accepted via website, e-mail or mail. Application form required. Applicants should submit the following:

1. Timetable for implementation and evaluation of project

2. Results expected from proposed grant

3. Statement of problem project will address

4. Population served

5. Copy of most recent annual report/audited financial statement/990

6. How project's results will be evaluated or measured

7. What distinguishes project from others in its field

8. Listing of board of directors, trustees, officers and other key people and their affiliations

9. Detailed description of project and amount of funding requested

10. Plans for cooperation with other organizations, if any

11. Copy of current year's organizational budget and/or project budget

Initial approach: Submit application following review of foundation eligibility criteria

Copies of proposal: 1

Board meeting date(s): Feb., May, Aug. and Nov.

Deadline(s): Mar. 1, June 1, Sept. 1 and Dec. 1

Final notification: Within 6 to 8 weeks of submission

Additional information: The foundations take a proactive, initiative-driven approach to charitable giving. Thus, it is critical that organizations submitting unsolicited requests for support be engaged in activities that align completely with the foundations' funding interests.

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 * Officers :**
 * John Pontius, Treasurer.
 * Memphis Challenge, Inc., Secretary
 * Teresa Sloyan, Executive Director

> ; > ;
 * Trustees :**
 * Ruth Bernabe;
 * Allen B. Hyde;
 * Barbara R. Hyde.
 * The Assisi Foundation of Memphis, Inc., Director
 * J.R. Hyde, III.
 * Memphis Challenge, Inc., Chairperson and President
 * , GTx, Inc., Chairperson
 * , AutoZone, Director
 * , FedEx Corp., Director
 * Margaret Hyde;
 * Henry Varnell;
 * Jeanne Varnell
 * Staff :**** Number of Staff :** 3 full-time professional; 3 full-time support. ** Key Staff :** //Note: Does not include officers.// Lauren Jenkins, //Program Associate//; Courtney Leon,//Grants Manager//; Gretchen Wollert McLennon, //Program Officer//; Lauren Taylor,//Program Officer, Green Initiatives//.


 * Memberships :****Affinity Groups:** Grantmakers for Education; National Center For Family Philanthropy.


 * Financial Data :****Year ended 12/31/08:** Assets: $116,303,230 (market value); Gifts received: $12,874,000; Expenditures: $16,034,751; Total giving: $13,145,568; Qualifying distributions: $14,594,468; Giving activities include: $13,145,568 for 309 grants (high: $800,000; low: $20).


 * Additional Location Information :** County: Shelby; Metropolitan area: Memphis, TN-MS-AR; Congressional district: Tennessee District 9.


 * Selected Grants :** The following grants were reported in 2008:

$20,000,000 to Shelby Farms Park Conservancy, Memphis, TN. For park improvements, payable over 1 year.

$800,000 to KIPP Memphis, Memphis, TN. For general operating support for school year. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$750,000 to Saint Marys Episcopal School, Memphis, TN. For capital campaign. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$667,000 to University of North Carolina at Chapel Hill Arts and Sciences Foundation, Chapel Hill, NC. For grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$500,000 to Catholic Memphis Urban Schools, Memphis, TN. For Jubilee Schools Endowment. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$125,000 to Memphis Redbirds Baseball Foundation, Memphis, TN. For grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$125,000 to Shelby Farms Park Conservancy, Memphis, TN. For general operating support. Grant made through J.R. Hyde Sr. Family Foundation, payable over 1 year.

$125,000 to Shelby Farms Park Conservancy, Memphis, TN. For general operating support and easement oversight. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$100,000 to Shelby Farms Park Conservancy, Memphis, TN. For Shelby Farms Park Master Planning. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.

$50,000 to Tennessee Charter Schools Association, Memphis, TN. For general operating support. Grant made through J.R. Hyde III Family Foundation, payable over 1 year.