Mission
TO PROVIDE CHARITABLE DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS AND DISTRIBUTE SCHOLARSHIP AWARDS TO SELECTED STUDENTS TO SUPPORT AND ENCOURAGE POST-SECONDARY EDUCATION.
Public Charity
NEW SOUTH FOUNDATION INC
NEW SOUTH FOUNDATION INC, of ATLANTA, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $212K in revenue, $188K in expenses, $336K in total assets. IRS filings disclose 12 grants awarded by this foundation, totaling roughly $63K.
EIN: 263180594
ATLANTA, GA
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$212K
Total Expenses$188K
Total Assets$336K
Grants Given12
Grant Total$63K
Filing Years2021–2025
Where $100 goes at New South Foundation Inc
How New South Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
New South Foundation Inc
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
PROGRAM SUPPORT
$10,000
WESLEY'S POLE BARN
$6,984
PROGRAM SUPPORT
$5,150
PROGRAM SUPPORT
$7,013
PROGRAM SUPPORT
$6,920
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
DIRECTOR
Dan Hobson
PRESIDENT
Douglas C Davidson
DIRECTOR
Jeff Brown
DIRECTOR
Jon Harris
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $212K | $188K | $336K |
| 2024 | $196K | $129K | $309K |
| 2023 | $173K | $90K | $253K |
| 2022 | $100K | $73K | $171K |
| 2021 | $99K | $72K | $136K |
Between 2021 and 2025, reported annual revenue grew from $99K to $212K (+114%), with total assets most recently reported at $336K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AL, AZ, GA, ME, NC, VA.
ALAZGAMENCVA
Full geographic grant map with state-by-state breakdown available with membership.