Arete Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $972 in total assets. In 2024, it awarded 7 grants totaling $159K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$972
-57.7% YoY
Annual Giving
$159K
+24.4% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$23K
+42.2% YoY
About Arete Cares Inc
Based on IRS filings
Arete Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $972 in total assets. In 2024, it awarded 7 grants totaling $159K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $972 | $2,297 |
| Revenue | $168,001 | $130,400 |
| Expenses | $169,326 | $128,103 |
| Qualifying Distributions | $169,326 | $128,000 |
| Net Investment Income | — | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Allied Education Initiative ($80,750), New Hope Missions International ($28,000), Saints International Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHN LEONARD HIGH SCHOOL BOYS BASKETBALL BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $500 |
| NEW HOPE MISSIONS INTERNATIONAL BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $28,000 |
| ALLIED EDUCATION INITIATIVE BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $80,750 |
| CHILD RESCUE COALITION BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $2,500 |
| HEF CONNECT INC BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $15,000 |
| KIDS AROUND THE WORLD INC BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $12,500 |
| SAINTS INTERNATIONAL INC BOCA RATON, FL | EDUCATION AND GROWTH INITIATIVE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MEAGAN MANN | President | — | — |
| ROBERT S BAUGH | Director | — | — |
| VINCENT RESNICK | Director | — | — |
| EVELYN MINNICK | Director | — | — |
| VINAYAK SAKORE | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Arete Cares Inc?
Arete Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $972 in total assets as of 2024.
How large is Arete Cares Inc?
As of 2024, Arete Cares Inc holds $972 in total assets with $168K in annual revenue. It awarded 7 grants totaling $159K in 2024.
Where does Arete Cares Inc operate?
Arete Cares Inc has awarded grants in Florida, North Carolina, Pennsylvania, Tennessee, Virginia.
What size grants does Arete Cares Inc award?
In 2024, Arete Cares Inc awarded 7 grants totaling $159K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is Arete Cares Inc's EIN?
Arete Cares Inc's EIN (Employer Identification Number) is 92-1464258. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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