TO PROVIDE CHARITABLE DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS AND DISTRIBUTE SCHOLARSHIP AWARDS TO SELECTED STUDENTS TO SUPPORT AND ENCOURAGE POST-SECONDARY EDUCATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$309K
+22.0% YoY
Annual Giving
$20K
-7.8% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$7K
+23.0% YoY
About New South Foundation Inc
Based on IRS filings
New South Foundation Inc is a nonprofit organization focused on Education, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $309K in total assets. In 2024, it awarded 3 grants totaling $20K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $309,286 | $253,435 | $171,414 |
| Revenue | $196,161 | $172,624 | $100,252 |
| Expenses | $128,881 | $89,891 | $73,250 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,612 | $2,744 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAN HOBSON | DIRECTOR | 0.5 | — |
| DOUGLAS C DAVIDSON | PRESIDENT | 0.5 | — |
| JON HARRIS | DIRECTOR | 0.5 | — |
| JEFF BROWN | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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