Banksouth Foundation Ltd

Organization Overview

Banksouth Foundation Ltd is located in Greensboro, GA. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Banksouth Foundation Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Banksouth Foundation Ltd generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Banksouth Foundation Ltd has awarded 92 individual grants totaling $983,784. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO OTHER CHARITABLE AND GROUP ORGANIZATIONS


SCHOLARSHIPS TO INDIVIDUALS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $20,050
Interest on Savings $7,053
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $27,103

Grants Awarded

Over the last fiscal year, Banksouth Foundation Ltd has awarded $48,000 in support to 6 organizations.

Grant RecipientAmount

THILLEN EDUCATIONAL FDN

PURPOSE: EDUCATIONAL SCHOLARSHIP FDN

$20,000

PETE NANCE BOYS & GIRLS CLUB

PURPOSE: BOYS & GIRLS CLUB

$10,000

ALEXANDER WILLIAMS UN OF N GA

PURPOSE: SCHOLARSHIP

$5,000

SARAH GRACE INGLE TOCCOA FALLS COL

PURPOSE: SCHOLARSHIP

$5,000

IDANIA GABRIELA PADILLA UN OF N GA

PURPOSE: SCHOLARSHIP/CITIZENSHIP AWARD

$5,000

OCONEE REGIONAL HUMANE SOCIETY

Org PageRecipient Profile

Greensboro, GA

PURPOSE: HUMANE CARE OF ANIMALS

$3,000
View Grant Profile

Peer Organizations

Organization NameAssets
Joe C Davis Foundation
Nashville, TN
$6,182,733
Fraser-Parker Foundation
Atlanta, GA
$14,099,479
Paces Foundation Inc
Smyrna, GA
$9,603,919
Gambrell Foundation
Charlotte, NC
$18,901,501
Ds Foundation
Miami, FL
$1,385,395
The Ma-Ran Foundation
Atlanta, GA
$4,938,726
Day Foundation
Memphis, TN
$13,711,953
Clayton Family Foundation
Knoxville, TN
$17,391,150
G Harbaugh Foundation
Franklin, TN
$12,393,056
Altec-Styslinger Foundation Inc
Birmingham, AL
$25,360,360
Elizabeth Morse Genius Foundation
Winter Park, FL
$11,233,005
Daniel Foundation Of Alabama
Birmingham, AL
$11,135,386

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