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By supporting efforts to develop, attract and retain Memphis’ next generation of leaders, the Hyde Family Foundations are helping Memphis build the “civic bench” to compete in the knowledge-based economy of the future. We also support partnerships between the business, nonprofit and government sectors that drive economic development around our distinct assets.
Here are a few examples of the city-building and leadership development initiatives underway in Memphis:
Booming Medical District – The Memphis Medical Center has received $1.5 billion in new investments, stirring a revival in the surrounding neighborhoods. New residential housing will help partner institutions attract top talent.
Destination: Downtown – Downtown Memphis is experiencing the most dramatic renaissance in its history, with $2 billion in redevelopment projects completed, underway or scheduled to begin soon.
Talent Dividend – The Memphis Challenge was launched in 1989 to provide gifted minority students with educational, professional and leadership opportunities, preparing them to become the future leaders of Memphis. More than 500 students have completed the program, and many have returned to Memphis to work in the education, law, medicine and government fields.
Community Leaders – Every year, Memphis Leadership Academy Fellows donate the equivalent of $3 million in volunteer service hours. More than 200 Fellows serve on metro Memphis nonprofit boards, and more than 60 are mentoring at-risk youth.