Nonprofit · EIN 26-3180594
NEW SOUTH FOUNDATION INC
Tax-exempt · ATLANTA, GA 30309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $211,940 | $188,136 | $23,804 | $335,546 | $29,054 | $306,492 |
| December 31, 2024 | 990 | $196,161 | $128,881 | $67,280 | $309,286 | $27,849 | $281,437 |
| December 31, 2023 | 990 | $172,624 | $89,891 | $82,733 | $253,435 | $39,278 | $214,157 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $293,389
- Program service revenue
- $0
- Investment income
- $1,817
- Net income from fundraising events
- -$83,266
- Other revenue
- -$83,266
Expenses
- Grants and similar amounts paid
- $184,240
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $751
- Program services (functional)
- $184,240
- Management and general (functional)
- $3,896
Balance sheet and other
- Total assets, start of year
- $309,286
- Total assets, end of year
- $335,546
- Total liabilities, end of year
- $29,054
- Net assets, end of year
- $306,492
- Gross receipts
- $371,869
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2009
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS C DAVIDSON | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $696,992 | $36,592 |
| JON HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $34,800 |
| JEFF BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $27,300 |
| DAN HOBSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $27,040 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS C DAVIDSON | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $296,700 | $32,970 |
| JON HARRIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $15,470 |
| DAN HOBSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $11,870 |
| JEFF BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $10,870 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DOUGLAS C DAVIDSON | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $624,051 |
| DAN SMITH | DIRECTOR Trustee or director | 0.5 | $0 | $30,000 |
| DAN HOBSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES M HARRIS III | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JEFF BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1180 W PEACHTREE ST NW STE 700, ATLANTA, GA 30309-3448
- Principal officer (990 for 2025)
- DOUGLAS C DAVIDSON, 1180 WEST PEACHTREE STREET 700, ATLANTA, GA 30309
- Signed the 990
- DOUGLAS C DAVIDSON, PRESIDENT
- Phone
- (404) 443-4000
- 990-N for 2013 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: DANIEL SMITH, 1132 WEST PEACHTREE STREET, ATLANTA GA 30309. Mailing address: 1132 WEST PEACHTREE STREET, ATLANTA GA 30309.
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
TO PROVIDE CHARITABLE DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS AND DISTRIBUTE SCHOLARSHIP AWARDS TO SELECTED STUDENTS TO SUPPORT AND ENCOURAGE POST-SECONDARY EDUCATION.
Program accomplishments
- NEW SOUTH FOUNDATION INC. MADE DONATIONS TO OTHER NON-PROFIT ENTITIES TO ASSIST WITH ITS OVERALL MISSION OF HELPING TO SUPPORT POST-SECONDARY EDUCATION.Expenses $184,240 · grants $184,240
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3180594
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $335,546
- Income (IRS master file)
- $371,869
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $211,940 | $188,136 | $335,546 | XML |
| 990 | December 2024 | $196,161 | $128,881 | $309,286 | XML |
| 990 | December 2023 | $172,624 | $89,891 | $253,435 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: DANIEL SMITH Filed under this EIN, most likely by a chapter or affiliate | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3180594).
Questions about NEW SOUTH FOUNDATION INC
- What is the EIN of NEW SOUTH FOUNDATION INC?
- The employer identification number (EIN) of NEW SOUTH FOUNDATION INC is 26-3180594.
- Is NEW SOUTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to NEW SOUTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW SOUTH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW SOUTH FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW SOUTH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW SOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names DOUGLAS C DAVIDSON.
- Who are the officers and directors of NEW SOUTH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEW SOUTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $211,940, expenses of $188,136 and total assets of $335,546 at year end.
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