Hyde Family Foundation General Information Contact Information nprofit Address Hyde Family Foundation 17 West Pontotoc Avenue Suite 200 Memphis, TN 38103 Phone 901 685-3400 Facebook facebook.com/ Twitter @ At A Glance Year of Incorporation 1992 1
Statements & Search Criteria Mission Our mission is to empower the people and programs that are making real differences in the community and to provide leadership on public policy issues that will transform Memphis into a world-class, 21st century city. Background In the early 1900s, Joseph Reeves Hyde Sr. moved from Chattanooga to Memphis in search of a career. Mr. Hyde cut his teeth at a small grocery store near downtown Memphis, and in 1907 he founded Malone & Hyde, a wholesale food distributor that would revolutionize the grocery industry. The success of his business endeavors allowed Mr. Hyde to pursue his passion for philanthropy. He and his wife, Ruth Herman Hyde, shared a strong faith and the belief that to whom much is given, much is required. As they grew roots in Memphis, the Hydes contributed to numerous charities, with special attention paid to education and faith-based initiatives. In September 1961, at the age of 77, Mr. Hyde consummated his commitment to charity by founding the J.R. Hyde Sr. Family Foundation. Driven to build a better Memphis through his distinctive brand of personal, family-based philanthropy, Mr. Hyde appointed his three children and his grandson to the board of directors. After Mr. Hyde's death in 1972, his family continued to lead the Foundation as it shaped the city of Memphis by supporting growth and reform initiatives. Over the next twenty years, J.R. Hyde III enjoyed a successful business career in which he expanded Malone & Hyde into the nation's third largest wholesale food distributor and founded leading automotive parts retailer AutoZone. Just like his grandfather, Mr. Hyde wasn't content with only his business achievements. In 1992, he became president of the J.R. Hyde Sr. Family Foundation, and he founded the J.R. Hyde III Family Foundation to grow the tradition of giving. Today, the Hyde Family Foundations continue a legacy of philanthropy that dates back to the early 20th century. The Foundations are still led by members of the Hyde family, whose faith in the powers of entrepreneurship, diversity, and knowledge anchors their commitment to making Memphis a better place for future generations. Impact The Hyde Family Foundation focuses support on high-impact programs that develop new knowledge, improve public policy, nurture civic creativity, strengthen institutional foundations, and engage the public. Needs Board Chair Statement At the Hyde Family Foundation, we are confident that Memphis has the potential to become a model city of the 21st century. In every Memphis neighborhood and zip code, smart, innovative, resourceful, and generous leaders are working tirelessly to make a difference in our community. We are honored to partner with them to achieve greatness for our city. In 1961, Pitt and Jeanne's grandfather created a legacy of family giving by making a $1 million gift to set up the J.R. Hyde Senior Foundation. Since then, we have been committed to tackling our city's most pressing challenges, and that work continues today. The Foundations' efforts are focused on four priorities: high-quality education, vibrant spaces and communities, thriving arts and culture, and engaged leadership and civic pride. We believe each of these areas is vitally important to creating and sustaining a better Memphis.The visionary leaders, high-impact initiatives, and world-class organizations that we invest in are already making a difference in our community. We hope you will join us in our work to build a better Memphis for future generations. Our future is bright.- Barbara Hyde, President Areas Of Service Areas Served Areas TN - Shelby County We primarily fund organizations that serve the city of Memphis or influence policy change at the statewide level. The quick brown fox jumps over the lazy dog. 2
Service Categories Private Grantmaking Foundations 3
Programs Programs High-Quality Education Description We believe that all children and young adults deserve a high-quality education that prepares them to achieve their greatest potential. We invest in initiatives that:transform early childhood, primary, secondary, and post-secondary educationdevelop and reward great teachers and school leaderssponsor effective public policysupport interventions for the whole child Budget $0.00 Target Population Strategy Long term Success Short Term Success Children and Youth (0-19 years) Thriving Arts & Culture Description We believe strengthening Memphis' rich artistic and cultural identity is essential to the city's economic and social vitality. We support organizations that provide access to art that is exciting, inspirational, and reflects the soul of Memphis. We invest in initiatives that:sustain and build the capacity of high-potential arts organizationscontribute to building a thriving arts ecosystem and a growing population of local artists with competitive skillsetsengage diverse populations and communities and artists of color Budget $0.00 Target Population Strategy Long term Success Short Term Success General/Unspecified 4
Vibrant Spaces & Communities Description We believe that Memphis can become a city full of vibrant spaces and communities that are equitable, economically vital, offer great quality-oflife, and attract and retain citizens. We invest in initiatives that:strengthen Memphis' urban core to ensure that it is a place where people can live, work, and playensure the city's greenways, bike lanes, parks, and public spaces - from the Riverfront to Shelby Farms Park - connect and benefit all MemphiansSupport the development and growth of thriving communities by investing in the systems and people that sustain them Budget $0.00 Target Population Strategy Long term Success Short Term Success General/Unspecified Engaged Leadership & Civic Pride Description We believe that this is a pivotal period for Memphis. w, more than ever, the combination of a shared city-building vision, unified leadership, and a collective civic pride can be a powerful tool for scaling change. We invest in initiatives that:build diverse and effective leaders across all sectors and all communitiesinform, engage, and equip Memphians to share and celebrate the city's progress and pridelaunch and support next-generation leadership and a new generation of givers Budget $0.00 Target Population Strategy Long term Success Short Term Success General/Unspecified 5
Board & Governance Board Chair Board Chair Mrs. Barbara Hyde Company Affiliation Hyde Family Foundation Term May 2012 to May 2030 Board Members Name Affiliation Status Mrs. Barbara Hyde President Voting Mr. Pitt Hyde Founder Voting Mr. Allen B. Hyde Member Voting Mrs. Margaret E. Hyde Member Voting Mr. John Pontius Treasurer Voting Mr. William Rhodes, III AutoZone, Inc. Voting Mr. Charles Tuggle, Jr. First Horizon National Corp. Voting Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 7 Hispanic/Latino 0 Native American/American Indian 0 Board Demographics - Gender Male 5 Female 2 Unspecified 0 Governance Board Term Lengths 0 Board Term Limits 0 Board Meeting Attendance % 100 Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 0 Number of Full Board Meetings Annually 4 6
Management Executive Director/CEO Executive Director Term Start Jan 1993 Email Ms. Teresa Sloyan tsloyan@hydefoundation.org Experience Teresa Sloyan is the President of the Hyde Family Foundation where she leads the philanthropic agenda and city-building work for the Memphis philanthropic fund established by entrepreneurs who created one of the nation's largest grocery wholesalers, Malone & Hyde, and the nation's leading automotive parts retailer, AutoZone. The Foundation's work, focused on Memphis, includes improving student performance in urban school districts, enhancing quality-of-life, creating a network of green assets that include the state's largest urban park, and reviving core neighborhoods. Under her leadership, Hyde Family Foundation has been recognized as one of the leading place-based family foundation in the U.S. The foundation is known for its entrepreneurial approach to grantmaking, evidence-based investments, and emphasis on increasing the capacity of community leaders to lead Memphis in the 21st century. In her role at the Hyde Family Foundation, Teresa has been a passionate advocate for closing the achievement gap in urban school districts, increasing academic standards in Tennessee, ensuring effective teaching in Tennessee classrooms, and responding to parents' requests for more options to raise the academic performance of their children. For more than 25 years, Teresa has been a leader in philanthropy and community relations in Memphis. She assumed her position at the Hyde Family Foundation in 1993 along with her job as Director of Community Relations and Corporate Giving for AutoZone, and six years later, she left AutoZone to direct the Foundations full-time. Previously, she served for nine years as Director of Human Services and Community Relations for the Mayor of Memphis, where she managed the city's charitable giving, human services, and community and neighborhood relations programs. Teresa, a native Memphian, received her Bachelor of Arts degree from University of Memphis in 1984 and pursued graduate work at the University of Tennessee. She serves on a number of cultural, charitable, and civic organizations, including First to the Top Advisory Council, the University of Memphis President's Search Advisory Council, PeopleFirst, State Collaborative on Reforming Education (SCORE), National Civil Rights Museum Renovation Team, Riverfront Development Corporation, Tennessee Diploma Project, and Teacher Effectiveness Advisory Council. Staff Full Time Staff 9 Part Time Staff 1 Volunteers 0 Contractors 0 Retention Rate 0 Plans Organization has a Fundraising Plan? Organization has a Strategic Plan? Years Strategic Plan Considers 5 Date Strategic Plan Adopted v 2017 Organization Policy and Procedures ndiscrimination Policy 7
Whistleblower Policy Document Destruction Policy 8
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