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J'RHI

Joseph 'Pitt' Reeves Hyde III

TennesseeTechnology

AIProfile Summary

Joseph “Pitt” Reeves Hyde III is a U.S. technology billionaire based in Tennessee, born in 1942. He has an estimated net worth of ~$2.0B. RTB

Philanthropy

ProPublica nonprofit filings list three related foundations: Article Iii Foundation (VA), Aspen Foundation Iii (OR), and Elkes Foundation Iii (NY). In the most recent year provided for Article Iii Foundation (2023), it reported $269,620 in grants paid, $126,310 in total assets, $269,620 in total revenue, and $136,521 in total expenses. ProPublica 990 Two other foundations reported $0 grants paid in the tax years provided: Aspen Foundation Iii (2015) reported $2,919,956 in total assets, $1,492,901 in total revenue, and $1,632,487 in total expenses; Elkes Foundation Iii (2023) reported $20,262,600 in total assets, $1,431,240 in total revenue, and $1,251,206 in total expenses. Across all listed foundations and years provided, total grants paid were $269,620 and total foundation assets were $23,308,866. ProPublica 990

AI-generated summary from rtb, propublica_990 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

residenceMemphis, Tennessee

990Philanthropy

$23.3MFoundation Assets
$2.7MGrants Paid
3Foundations
Article Iii FoundationAlexandria, VA
Civil rights, social action & advocacy (IRS NTEE R05)
Assets: $126KRevenue: $270KGrants: $137KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Aspen Foundation IiiBend, OR
Assets: $2.9MRevenue: $1.5MGrants: $1.6MTax Year: 2015
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Elkes Foundation IiiNew York, NY
Private grantmaking foundation (IRS NTEE T20)
Assets: $20.3MRevenue: $1.4MGrants: $970KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

PBSScore Breakdown

D
27.1
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
22%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
38%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Joseph 'Pitt' Reeves Hyde III — Public Benefit Score D (27) | Billionaire Army