The increase is due to a "grassroots effort with many different donors," said Adam Bazemore of Camp 549 Sons of Confederate Veterans. "Some gave $100, some gave $500."
The statue is "priceless," he said, because it was purchased by survivors of Civil War soldiers who died in battle.
Sylvania is about 195 miles southeast of downtown Atlanta.
MORE: Despite parade ban, Confederate flag displayed at annual Alpharetta event
The incident comes at a time when the Confederate flag and monuments have become contentious issues.
Earlier in August, the city of Alpharetta banned participants from carrying the flag in its annual Old Soldiers Day parade. However, some spectators carried the flag along the parade route.
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Doctors say it is possibly going to be a rough flu season.