The Arnold Foundation

Foundation · Grantmaker Wilson, NC EIN: 58-6366924

The Arnold Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilson, NC. IRS filing data is available for 2020. In 2020, it awarded 5 grants totaling $1.0M. Net investment income was $5K.

Key facts about The Arnold Foundation

EIN: 58-6366924
Latest 990 filing: Form 990-PF, 2020
Annual giving (2020): $1,027,838
Grants made (2020): 5
Average grant: $205,568
Median grant: $5,000
Primary geography: South Carolina (100% of itemized 2020 grant dollars)

Data from IRS Form 990-PF, 2020; updated September 2026.

Who The Arnold Foundation funds

By grant dollars, the top recipient states for The Arnold Foundation's 5 itemized 2020 grants were South Carolina (100%). The most frequent recipient cities were Greenville, SC (3 grants). 40% of grants with a stated purpose were for general or operating support.

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Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.0M

Grant Count

Avg Grant Size

$206K

Under IRS private-foundation payout rules, The Arnold Foundation reported a distributable amount of $52K for 2020 — the minimum it must pay out in qualifying distributions.

About The Arnold Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $1.0M (100%)

Florida $2K (0%)

North Carolina $2K (0%)

Share of all 5 itemized 2020 grant dollars.

States

Florida North Carolina South Carolina

Cities

GreenvilleLake ToxawayOrlando

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$13,895
Expenses	$1,049,688
Qualifying Distributions	—
Net Investment Income	$4,696
Distributable Amount	$52,431

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal year 2020

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2020

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest recipients include Community Foundation of ($1,013,938), Harvest Hope Food Bank ($5,000), Salvation Army ($5,000).

Recipient	Purpose	Amount
COMMUNITY FOUNDATION OF Greenville, SC	GENERAL FUND	$1,013,938
HARVEST HOPE FOOD BANK Greenville, SC	COMMUNITY	$5,000
SALVATION ARMY Greenville, SC	COMMUNITY	$5,000
CAMPUS CRUSADE FOR CHRIST Orlando, FL	RELIGIOUS	$2,400
LAKE TOXAWAY CHARITIES Lake Toxaway, NC	GENERAL FUND	$1,500

Leadership & Key People

Officers and directors from IRS filings

The Arnold Foundation is led by David Poole, Director on the 2020 filing — the only officer listed, and uncompensated.

Officers on the 2020 filing

David Poole

Director

New on the 2020 filing

12 hrs/week

No compensation reported

Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Arnold Foundation?

The Arnold Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilson, NC. It holds — in total assets as of 2020.

Where does The Arnold Foundation operate?

The Arnold Foundation has awarded grants in Florida, North Carolina, South Carolina.

What size grants does The Arnold Foundation award?

In 2020, The Arnold Foundation awarded 5 grants totaling $1.0M — an average of about $206K per grant, based on its IRS Form 990 filings.

How much is The Arnold Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Arnold Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.