Public Charity

Arete Scholars Fund Inc

Arete Scholars Fund Inc, of Suwanee, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.4M in revenue, $6.1M in expenses, $12.4M in total assets. 8 publicly reported grants to this organization, totaling roughly $94K, appear in IRS filings.

EIN: 272494520 Suwanee, GA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$7.4M
Total Expenses$6.1M
Total Assets$12.4M
Grant Records8
Funding Total$94K
Filing Years2021–2025

Mission

To assist low-income students in reaching their highest potential through educational opportunity.

Where $100 goes at Arete Scholars Fund Inc

How Arete Scholars Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself
$3 Management running the organization
$3 Fundraising raising the next dollar

Inside the $94 for programs

$94
Arete Scholars Fund invested more than $5 million in 1,247 scholars across Georgia not merely to pay tuition, but to open a door that changes a familys trajectory
All program spending · Reported in the filing: 1,247 scholars
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Arthur Dupre
Board Member Derek Monjure
Board Chairman Gregory Beadles
Secretary James Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$49,000 3 grants
Human & Social Services
$30,000 1 grant
Unspecified
$15,200 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.4M $6.1M $12.4M
2024 $6.2M $6.0M $10.9M
2023 $6.2M $5.5M $10.3M
2022 $5.9M $4.7M $9.6M
2021 $4.4M $4.5M $8.4M

Between 2021 and 2025, reported annual revenue grew from $4.4M to $7.4M (+70%), with total assets most recently reported at $12.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Arete Scholars Fund Inc

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