J R Hyde Iii Foundation

Organization Overview

J R Hyde Iii Foundation is located in Memphis, TN. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J R Hyde Iii Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, J R Hyde Iii Foundation generated $26.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $18.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, J R Hyde Iii Foundation has awarded 278 individual grants totaling $35,040,484. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
P3 Consulting Llc
$100,000
Crisp Communications
$52,507
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $182,371
Net Rental Income$0
Net Gain on Sale of Assets $4,660,962
Capital Gain Net Income $23,858,955
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $21,463,446
Total Revenue $26,306,779

Grants Awarded

Over the last fiscal year, J R Hyde Iii Foundation has awarded $15,572,646 in support to 124 organizations.

Grant RecipientAmount

MEMPHIS BROOKS MUSEUM OF ART

Org PageRecipient Profile

Memphis, TN

PURPOSE: SUPPORT FOR A DEPUTY DIRECTOR/CHIEF OPERATING OFFICER; GENERAL OPERATING SUPPORT; SUPPORT FOR THE BUILDING FUND

$4,947,759

MEMPHIS MEDICAL DISTRICT COLLABORATIVE

PURPOSE: GENERAL OPERATING SUPPORT AND SUPPORT FOR THE HEALTH SCIENCES PARK LEARNING INITIATIVE

$927,010

MEMPHIS EDUCATION FUND

Org PageRecipient Profile

Memphis, TN

PURPOSE: SUPPORT FOR POLICY AND ADVOCACY TO IMPROVE SCS-ASD K-12 STUDENT OUTCOMES; SUPPORT FOR EDUCATION PIONEERS' ESSER SPECIAL RESEARCH ASSOCIATE COLLABORATION

$775,833

VIBRANT MEMPHIS INC DBA EPICENTER

PURPOSE: SUPPORT FOR THE FORMATION FUND & GENERAL OPERATIONS

$750,000

NEW LEADERS INC

PURPOSE: GENERAL OPERATING SUPPORT AND SUPPORT TO TRANSFORM UNDERSERVED SCHOOLS THROUGH LEADERSHIP DEVELOPMENT

$725,000

UNIVERSITY OF NORTH CAROLINA

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: SUPPORT FOR THE CAROLINA COVENANT ENDOWMENT FUND; SUPPORT FOR THE CAROL L. FOLT COVENANT SCHOLARSHIP FUND

$540,000
View Grant Profile

Peer Organizations

Organization NameAssets
Claws Foundation
Reston, VA
$1,734,426
Rob And Melani Walton Foundation
Bentonviille, AR
$120,568,910
Dogwood Health Trust
Asheville, NC
$630,200,598
Jack Kent Cooke Foundation
Lansdowne, VA
$42,942,790
Hall Family Foundation
Kansas City, MO
$87,869,006
Wend Ii Inc
Bentonville, AR
$207,303,582
O Wayne Rollins Foundation
Atlanta, GA
$21,609,282
Goizueta Foundation Inc
Atlanta, GA
$34,966,270
The Leon Levine Foundation
Charlotte, NC
$94,686,429
Maclellan Foundation Inc
Chattanooga, TN
$34,552,415
Town Branch Foundation
Bentonville, AR
$39,195,874
The Frist Foundation
Nashville, TN
$36,312,656

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