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 2024 filing shows $6.2M in revenue, $6.0M in expenses, $10.9M in total assets. 7 publicly reported grants to this organization, totaling roughly $94K, appear in IRS filings.

EIN: 272494520 Suwanee, GA Latest filing: 2024
Total Revenue$6.2M
Total Expenses$6.0M
Total Assets$10.9M
Grant Records7
Funding Total$94K
Filing Years2020–2024

Mission

TO HELP ECONOMICALLY DISADVANTAGED CHILDREN DISCOVER AND USE THEIR UNIQUE GIFTS AND TALENTS THROUGH EDUCATIONAL OPPORTUNITY.

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

HUMAN SERVICES
$30,000 1 grant
For grant recipient's exempt purposes
$25,000 1 grant
GROWTH
$15,200 3 grants
GIVING AND GENEROSITY
$15,000 1 grant
CHARITABLE DONATION
$9,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $4.6M $4.1M $8.7M

Between 2020 and 2024, reported annual revenue grew from $4.6M to $6.2M (+35%), with total assets most recently reported at $10.9M.

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

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