LANCASTER, SC
The Arras Foundation
Quick Facts
- EIN
- 570355295
- Location
- LANCASTER, SC
- Category
- Philanthropy & Grantmaking
- Total Assets
- $77.2M
- Annual Income
- $7.6M
- IRS Ruling Year
- 1946
About This Foundation
The Arras Foundation is a private foundation based in LANCASTER, SC. The foundation received its IRS ruling in 1946. It holds total assets of $77.2M. Annual income is reported at $7.6M. The foundation operates in the area of philanthropy & grantmaking.
View 990 FilingsFinancial Overview
Total Giving
$3.4M
2022-17%
Total Assets
$77.2M
2022-19%
Fair Market Value
$77.2M
2022
Net Worth
$73.8M
2022
Grants Paid
$1.5M
2022
Contributions
$0
2022
Net Investment Income
$2.4M
2022
Distribution Amount
$3.7M
2022
Total Giving by Year
$4.1M
11$3.2M
12$3.6M
13$3.4M
14$3.5M
15$3.3M
19$3M
20$4M
21$3.4M
22Asset Growth
$57.3M
11$65M
12$71.9M
13$70.8M
14$65.6M
15$78.4M
19$87.2M
20$95M
21$77.2M
22Investment Portfolio (2022)
Total: $69.6M
Corporate Stock: $52.5M
Corporate Bonds: $17.1M
Corporate Stock (75%)
Corporate Bonds (25%)
Expense Breakdown (2022)
Grants Paid$1.5M
Officer Compensation$291K
Pension & Benefits$190K
Accounting Fees$62K
Travel & Conferences$57K
Occupancy$45K
Depreciation$4K
Legal Fees$50
Revenue Sources (2022)
- Dividends
- $2.5M
- Capital Gains (Net)
- $46K
- Other Income
- $18K
Financial Details (2022)
- Total Revenue
- $2.6M
- Total Expenses
- $3.4M
- Exempt Purpose Expenses
- $2.3M
- Required Distribution
- $3.7M
- Undistributed Income
- $898K
- Grants Approved (Future)
- $1.3M
- Total Liabilities
- $3.4M
- Excise Tax
- $33K
Foundation Classification (2022)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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