To position Memphis for success in the 21st century, we must develop our unique civic assets. By intensely focusing on our core strengths, we give Memphis the “raw material” to compete in the knowledge-based economy of the future.
For the Hyde Family Foundations, this means building the “civic bench” by supporting efforts to develop, attract and retain Memphis’ next generation of leaders, as well as supporting partnerships between the business, nonprofit and government sectors that drive economic development around distinct assets.

Here are just a few examples of the city-building and leadership development initiatives under way in Memphis: 

Booming Medical District – Roughly $1.5 billion in new investment is under way in the Memphis Medical District. Surrounding neighborhoods are undergoing a rebirth, including new residential housing that will help partner institutions attract top talent.

Destination: Downtown – With $2 billion in development projects recently completed, under way or scheduled to begin, downtown Memphis is experiencing the most dramatic period of redevelopment in its history.

Talent Dividend – Memphis Challenge was created in 1989 to provide academically gifted high school age students of color with educational, professional and leadership opportunities with the hope that these individuals will return to Memphis after completing their educations and become the next generation of leadership for the city.  Since that time, more than 450 students have matriculated through the program, and many have returned to Memphis to work in such fields as education, law, medicine and government. 

Community Leaders – Over the next three years, Memphis Leadership Academy participants will give the equivalent of $1.5 million in volunteer service hours. More than 150 former Fellows serve on metro Memphis nonprofit boards, and more than 50 are mentoring at-risk youth.