Arras Foundation

LANCASTER, SC EIN: 57-0355295

Arras Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, SC. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $77.2M in total assets. In 2022, it awarded 28 grants totaling $675K. Net investment income was $2.4M.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$77.2M

-18.8% YoY

Annual Giving

$675K

-42.6% YoY

Grant Count

28

+27.3% YoY

Avg Grant Size

$24K

-54.9% YoY

Under IRS private-foundation payout rules, Arras Foundation reported a distributable amount of $3.7M for 2022 — the minimum it must pay out in qualifying distributions.

About Arras Foundation

Based on IRS filings

Arras Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, SC. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $77.2M in total assets. In 2022, it awarded 28 grants totaling $675K. Net investment income was $2.4M.

Ready to take the next step with Arras Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CharlotteChesgterChesterClemsonColumbiaFort LawnGreat FallsGreat FfallsGreenvilleKershawLancasterRock HillSpartanburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M202020212022
Metric202220212020
Total Assets$77,162,126$94,984,661$87,177,819
Revenue$2,603,325$7,716,680$4,033,370
Expenses$3,372,082$4,043,001$3,018,354
Qualifying Distributions$4,828,708$3,235,582
Net Investment Income$2,375,087$7,492,027$3,807,370
Distributable Amount$3,698,808$4,286,034$3,570,293

Giving Over Time

Total grant dollars and number of grants per year

$0$431K$862K$1M$2M31 grants202022 grants202128 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

LANCASTER PROMISE NEIGHB…$150KLANCASTER COUNTY COUNCIL…$120KKERSHAW AREA RESOURCE EX…$110KGRASP - GREAT FALLS REFE…$65KA FATHER'S WAY - LANCAST…$55KHOPE IN LANCASTER INC$50KLANCASTER COUNTY COUNCIL…$31KFURMAN UNIVERSITY$25KCHESTER COUNTY SCHOOL DI…$16KKERSHAW COMMUNITY PARK C…$10K

Grant Size Distribution

81 grants across all recorded years

52<$50K16$50–100K12$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Arras Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Lancaster Promise Neighborhood ($150,000), Lancaster County Council of the Arts ($120,000), Kershaw Area Resource Exchange (kare) ($110,000).

RecipientPurposeAmount
A FATHER'S WAY - LANCASTER FATHERHOOD PROJECT COLUMBIA, SC(HEALTHY COMMUNITY GRANT) RE-ENGAGING LOW-INCOME FATHERS THROUGH HEALTH HEALTH ACCESS AND RESPONSIBLE FATHERHOOD$55,000
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC(HEALTHY COMMUNITY PARTNER INITIATIVE) CCSD SWIMMING AND WATER SAFETY PROGRAM$16,445
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC"LUNCH WITH LEADERS"$2,000
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC"SEEING MYSELF IN THE BOOKS ON THE SHELF"$500
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC"YUKI BALL"$500
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC"SAFE TRAINING"$500
CHESTER COUNTY SCHOOL DISTRICT CHESTER, SC"MAKER MORNINGS"$461
EDUCATIONAL FOUNDATION OF USC LANCASTER LANCASTER, SCHONORARIUM$10,000
EDUCATIONAL FOUNDATION OF USC LANCASTER LANCASTER, SC"BRENT BURGEN LUNCH & LEARN SERIES"$5,000
FURMAN UNIVERSITY GREENVILLE, SC(STRATEGIC INITIATIVE) COLLEGE ADVISING CORPS$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

SUSAN W DEVENNYPRESIDENT & CEO$246KJODIE C PLYLERTRUSTEE/CHAIR$8KT MICHAEL CLANCEYTRUSTEE$5KLISA T BRIDGESTRUSTEE/VICE-CHAIR$5KRICHARD A BANDTRUSTEE$5KDON T GARDNERTRUSTEE/TREASURER$5KROY A STILLTRUSTEE$4KROBERT K FOLKSTRUSTEE EMERITUS$3KSHERRI C GREGORYTRUSTEE$3KASHLEY SHANNONTRUSTEE/SECRETARY$3KVIVIAN A GRAYTRUSTEE$2KTIMOTHY H HALLMANTRUSTEE$800

From 2022 filing

NameTitleHoursCompensation
JODIE C PLYLERTRUSTEE/CHAIR4$8,050
LISA T BRIDGESTRUSTEE/VICE-CHAIR4$5,250
DON T GARDNERTRUSTEE/TREASURER4$5,200
ASHLEY SHANNONTRUSTEE/SECRETARY4$3,000
RICHARD A BANDTRUSTEE4$5,250
ABBY-LYNN BRUNSON LEFT 0222TRUSTEE4
T MICHAEL CLANCEYTRUSTEE4$5,350
ROBERT K FOLKSTRUSTEE EMERITUS4$3,100
BRIDGET FRANCIS STRTD 1122TRUSTEE4
VIVIAN A GRAYTRUSTEE4$2,450
SHERRI C GREGORYTRUSTEE4$3,100
TIMOTHY H HALLMANTRUSTEE4$800
ERNEST JENKINS STRTD 1122TRUSTEE4
ROY A STILLTRUSTEE4$3,550
SUSAN W DEVENNYPRESIDENT & CEO45$245,550

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Arras Foundation?

Arras Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, SC. It holds $77.2M in total assets as of 2022.

How large is Arras Foundation?

As of 2022, Arras Foundation holds $77.2M in total assets with $2.6M in annual revenue. It awarded 28 grants totaling $675K in 2022.

Where does Arras Foundation operate?

Arras Foundation has awarded grants in North Carolina, South Carolina.

What size grants does Arras Foundation award?

In 2022, Arras Foundation awarded 28 grants totaling $675K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Arras Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Arras Foundation reported a distributable amount of $3.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Arras Foundation's EIN?

Arras Foundation's EIN (Employer Identification Number) is 57-0355295. IRS Form 990 filing data is available on this page for 2020–2022.

Explore Open Grants

Browse active grant opportunities in Arras Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Arras Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Arras Foundation to a real strategy.

Plan your approach