Nonprofit · EIN 57-0355295
THE ARRAS FOUNDATION
Tax-exempt · LANCASTER, SC 29721
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2022 | 990-PF | $2,603,325 | $3,372,082 | -$768,757 | $77,162,126 | $3,392,846 | $73,769,280 |
Financial details: 990-PF for the year ended December 31, 2022
Revenue
- Dividends
- $2,539,437
- Net gain from sales of assets
- $46,290
- Other income
- $17,598
Expenses
- Grants and similar amounts paid
- $1,459,289
- Compensation of officers, directors and key employees
- $290,650
- Salaries, compensation and benefits (total)
- $581,702
- Disbursements for charitable purposes
- $2,250,994
- Excise tax on investment income
- $33,014
Balance sheet and other
- Total assets, start of year
- $94,984,661
- Total assets, end of year
- $77,162,126
- Total liabilities, end of year
- $3,392,846
- Net assets, end of year
- $73,769,280
- Fair market value of assets
- $77,162,126
- Qualifying distributions
- $4,828,708
- Net investment income
- $2,603,325
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-PF for the year ended December 31, 2022, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| 5 EMPLOYEES 601 NORTH MAIN STREET, LANCASTER, SC 29720 | PROFESSIONAL STAFF Highest-paid employee | 40 | $341,946 | $66,583 |
| SUSAN W DEVENNY 601 NORTH MAIN STREET, LANCASTER, SC 29720 | PRESIDENT & CEO | 45 | $245,550 | $62,941 |
| JODIE C PLYLER 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE/CHAIR | 4 | $8,050 | $0 |
| T MICHAEL CLANCEY 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $5,350 | $0 |
| LISA T BRIDGES 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE/VICE-CHAIR | 4 | $5,250 | $0 |
| RICHARD A BAND 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $5,250 | $0 |
| DON T GARDNER 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE/TREASURER | 4 | $5,200 | $0 |
| ROY A STILL 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $3,550 | $0 |
| ROBERT K FOLKS 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE EMERITUS | 4 | $3,100 | $0 |
| SHERRI C GREGORY 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $3,100 | $0 |
| ASHLEY SHANNON 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE/SECRETARY | 4 | $3,000 | $0 |
| VIVIAN A GRAY 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $2,450 | $0 |
| TIMOTHY H HALLMAN 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $800 | $0 |
| ABBY-LYNN BRUNSON LEFT 0222 601 NORTH MAIN STREET, LANCASTER, SC 29721 | TRUSTEE | 4 | $0 | $0 |
| BRIDGET FRANCIS STRTD 1122 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST JENKINS STRTD 1122 601 NORTH MAIN STREET, LANCASTER, SC 29720 | TRUSTEE | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 818, LANCASTER, SC 29721-0818
- Signed the 990-PF
- SUSAN W DEVENNY, PRESIDENT
- Phone
- (803) 286-8772
- Website
- HTTPS://ARRASFOUNDATION.ORG/
- Return prepared by
- MSTILLER LLC
What it must file and when
IRS records say it files Not required. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | Not on file |
At risk of automatic revocation
None of the last three returns is in the IRS public files. The IRS revokes tax-exempt status after three consecutive years without a return. Recent filings can take a few weeks to appear.
IRS record
- EIN
- 57-0355295
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Not required
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $77,162,126
- Income (IRS master file)
- $7,553,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2022 | $2,603,325 | $3,372,082 | $77,162,126 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
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 57-0355295).
Questions about THE ARRAS FOUNDATION
- What is the EIN of THE ARRAS FOUNDATION?
- The employer identification number (EIN) of THE ARRAS FOUNDATION is 57-0355295.
- Is THE ARRAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to THE ARRAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE ARRAS FOUNDATION file?
- Form Not required.
- When is the next return of THE ARRAS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ARRAS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2022.
- Who are the officers and directors of THE ARRAS FOUNDATION?
- The 990-PF for the year ended December 31, 2022 lists 16 people; 13 received compensation from the organization, the highest $341,946 (5 EMPLOYEES, PROFESSIONAL STAFF).
- How much revenue does THE ARRAS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2022 it reported revenue of $2,603,325, expenses of $3,372,082 and total assets of $77,162,126 at year end.
Other nonprofits in LANCASTER
- NUTRAMAX FAMILY FOUNDATION EIN 82-4889392 · last filed 990-PF for 2025
- LANCASTER COUNTY PARTNERS FOR YOUTH INC EIN 57-0628085 · last filed 990-PF for 2024
- JOHN CALVIN BIBLE FOUNDATION INC EIN 52-2135959 · last filed 990-PF for 2025
- UNITED WAY OF LANCASTER COUNTY INC EIN 57-0564440 · last filed 990 for 2025
- STILL WATERS FOUNDATION EIN 61-2119374 · last filed 990-PF for 2025
- LOUNSBURY FAMILY FOUNDATION EIN 27-1415195 · last filed 990-PF for 2025
- SOUTH CAROLINA TAX COUNCIL INC EIN 58-1329877 · last filed 990-EZ for 2025
- J WHITE COMMUNITY DEVELOPMENT CHARITABLE CORPORATION EIN 92-3139074 · last filed 990-N for 2025
All nonprofits in LANCASTER · South Carolina · Philanthropy, voluntarism and grantmaking foundations