The Local South Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 14 grants totaling $137K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$625K
+3.7% YoY
Annual Giving
$137K
+1852.9% YoY
Grant Count
14
+1300.0% YoY
Avg Grant Size
$10K
+39.5% YoY
Under IRS private-foundation payout rules, The Local South Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Local South Foundation
Based on IRS filings
The Local South Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $625K in total assets. In 2024, it awarded 14 grants totaling $137K. Net investment income was $79K.
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 | 2021 |
|---|---|---|---|
| Total Assets | $625,050 | $602,860 | $150,003 |
| Revenue | $237,193 | $156,758 | $150,003 |
| Expenses | $187,768 | $47,035 | — |
| Qualifying Distributions | $147,934 | $17,997 | — |
| Net Investment Income | $78,876 | $55,977 | $3 |
| Distributable Amount | $2,335 | $1,254 | $223 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fundacion Sol En Casa ($20,000), Fundacion Zero Waste Bolivia ($12,500), Bird Endowment ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMAZON MUSEUM CHARLOTTESVLE, VA | Hummingbird: Ecologists and Environmentalists of Sucre | $2,100 |
| AMAZON MUSEUM CHARLOTTESVLE, VA | Colibri: Ecologistas y ambientalistas de Sucre | $2,100 |
| BIRD ENDOWMENT HOUSTON, TX | Armonia Bolivia fund | $10,000 |
| EXPERIMENTAL STATION CHICAGO, IL | General & Unrestricted | $10,000 |
| FUNDACION SOL EN CASA | General & Unrestricted | $20,000 |
| FUNDACION ZERO WASTE BOLIVIA | General & Unrestricted | $12,500 |
| GROW GREATER ENGLEWOOD INC CHICAGO, IL | General & Unrestricted | $10,000 |
| HYDE PARK ART CENTER CHICAGO, IL | the Artists Run Chicago Fund | $10,000 |
| INVISIBLE INSTITUTE CHICAGO, IL | General & Unrestricted | $10,000 |
| LEGAL AID CHICAGO CHICAGO, IL | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kathryn A Duys | Dir | 1 | — |
| Jacob E Taylor | Dir | 1 | — |
| Thalia S Taylor | Dir | 1 | — |
| Yuval Taylor | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Local South Foundation?
The Local South Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $625K in total assets as of 2024.
How large is The Local South Foundation?
As of 2024, The Local South Foundation holds $625K in total assets with $237K in annual revenue. It awarded 14 grants totaling $137K in 2024.
Where does The Local South Foundation operate?
The Local South Foundation has awarded grants in Connecticut, Illinois, Texas, Virginia.
What size grants does The Local South Foundation award?
In 2024, The Local South Foundation awarded 14 grants totaling $137K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Local South Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Local South Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Local South Foundation's EIN?
The Local South Foundation's EIN (Employer Identification Number) is 87-3651474. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Local South Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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