Banksouth Foundation LTD
Accepts applications
Banksouth Foundation LTD is a private foundation in Greensboro, Georgia. In tax year 2025 it gave $307,500 in 7 grants; the typical grant was $5,000 and the largest $250,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$307,500
- Number of grants7
- Typical grant$5,000
- Largest grant$250,000
- Assets$1.3 million
- New grantees86%
Giving in 2025 was down from $327,400 the year before.
86% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $84,780 | 8 | $1.2 million |
| 2024 | $327,400 | 10 | $1.2 million |
| 2025 | $307,500 | 7 | $1.3 million |
How to apply
| Contact | Banksouth Foundation LTD 200 N East Street, Greensboro, GA 30642 |
|---|---|
| Phone or email | (706) 453-2236 |
| What to submit | Recipients are nominated by students and faculty. All information is submitted by the local high school. |
| Restrictions | Geographical area is limited to greene county and immediate surrounding counties. |
What Banksouth Foundation LTD funds
Where it gives
All of its grants went to recipients in Georgia.
| State | Grants | Amount |
|---|---|---|
| Georgia | 7 | $307,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Atlas Ministries | Other local organizations | $250,000 |
| Thillen Education Foundation | Mentorship/scholarship for gc hs | $30,000 |
| Victory Train | Early childhood education | $7,500 |
| Uga Mary Claire McCommons | Higher education | $5,000 |
| Ung Jayla Turner | Higher education | $5,000 |
| Central Ga Tech Adeline Shuman | Higher education | $5,000 |
| Neighbors Helping Neighbors | Community benevolence | $5,000 |
Officers and trustees
- Harold Reynolds
- Richard Schmidt
- Frances Strickland
Questions people ask
Does Banksouth Foundation LTD accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Banksouth Foundation LTD give?
$307,500 in tax year 2025, across 7 grants, with a typical grant of $5,000.
Who runs Banksouth Foundation LTD?
Its 2025 filing lists Harold Reynolds (Ceo & Direct), Richard Schmidt (Director) and Frances Strickland (Director).
What does Banksouth Foundation LTD fund?
Based on its grants, mainly education.