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Green South Foundation Inc

CARROLLTON, GA EIN: 84-4534116 Website

Green South Foundation Inc is a private foundation established in 2021 and based in Carrollton, Georgia. The foundation funds efforts to protect the Southeast's wildlife and natural resources for future generations, operating with a "new-venture mindset" that prioritizes high-potential projects needing support to get off the ground.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.0M

+9.0% YoY

Annual Giving

$1.8M

+23.8% YoY

Grant Count

26

-13.3% YoY

Avg Grant Size

$70K

+42.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: We fund efforts that protect our region's incredible wildlife and great outdoors for the benefit of our children.

The foundation operates three primary programs:

Awareness Program Supports fact-based communication projects in the U.S. Southeast to inform communities about climate change and other environmental challenges. The foundation prioritizes projects that close the gap between scientific understanding and public knowledge, with geographic focus on Georgia and the Carolinas.

Accelerator Program Funds projects that accelerate the pace of conservation in the region and strengthen environmental protection, with priority given to work in the Southern Appalachians.

Land Program Partners with accredited land trusts, state and local agencies, and national conservation organizations to invest in regional land conservation projects. The foundation provides low-interest rate loans to conservation organizations for land acquisition, typically secured by first mortgages with interest rates below market rates and four-year repayment terms.

Grantmaking

The foundation made 24 grants totaling approximately $1.8 million, including:

Grant Range

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How to Apply

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Geographic Focus

Where this funder awards grants

The foundation's primary geographic focus is the U.S. Southeast, with particular emphasis on:

  • Southern Appalachians (priority region for accelerator program)
  • Georgia and the Carolinas (primary focus for awareness program)

Grant Distribution by State

17states
+9 more states

Cities

AppletonArlingtonAshevilleAtlantaAustinBeavertonBostonBoulderCharlotteCharlottesvilleColumbiaHagerstownHendersonvilleLos AngelesMaconMissoulaNew HavenNew YorkNipomoPacoima

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024)

  • Total Assets: $25,000,156
  • Total Revenue: $6,188,525
  • Total Expenses: $3,982,378
  • Net Income: $2,206,147
  • Total Liabilities: $10,000,000

Annual Giving

  • 2024: $1,822,850 (24 grants)
  • 2023: $1,472,591 (30 grants)
  • 2022: $1,300,000 (24 grants)

Giving Rate Approximately 6.4% of assets annually

Staffing 2 employees (as of 2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$11M2021202220232024
Metric202420232022
Total Assets$25,000,156$22,930,861$14,044,152
Revenue$6,188,525$10,390,691$5,895,412
Expenses$3,982,378$2,029,512$1,650,083
Qualifying Distributions$2,441,171$1,974,284$1,627,688
Net Investment Income$1,832,292$335,324$1,852,040
Distributable Amount$476,944$569,723$172,058

Giving Over Time

Total grant dollars and number of grants per year

$0$456K$911K$1M$2M1 grants202124 grants202230 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE TRUST FOR PUBLIC LANDS$230KCATAWBA COLLEGE$195KAMERICAN CONSERVATION CO…$130KOCMULGEE NATIONAL PARK A…$120KHACKS HACKERS$100KPOTENTIAL ENERGY COALITION$100KOPEN SPACE INSTITUTE LAN…$100KMOUNTAINTRUE$100KGRIST$80KJOURNALISM FUNDING PARTN…$63K

Grant Size Distribution

81 grants across all recorded years

37<$50K29$50–100K15$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Roy Richards Founder and President. Retired chief executive of Southwire Company. Currently serves on several boards and teaches in leadership and corporate governance. A hunter, fisherman, and lifelong Southerner who grew up in rural West Georgia and now lives in Charlotte, North Carolina.

Noel Thorn President of The Thorn Company, LLC, which provides advisory services to Green South. Former CEO and Board Chair of Wild Dunes Associates. Former Land Protection Director of The Nature Conservancy, South Carolina Chapter. Lives in the South Carolina Lowcountry.

Greg Guthrie Managing Director of the Valentine Family Office, which provides accounting and administrative services to Green South.

Sarah Barr Program Associate (as of 2024).

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROY RICHARDS JRPRESIDENT1
JUDY WINDOMSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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