Arete Cares Inc
Arete Cares Inc is a private foundation, 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.
Arete Cares Inc at a glance
In short: Arete Cares Inc gave $159K across 7 grants in 2024 (avg $23K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $159,250
- +24.4% vs 2023
- Grants made (2024)
- 7
- -12.5% vs 2023
- Average grant
- $22,750
- +42.2% vs 2023
- Median grant
- $15,000
- Total assets
- $972
- -57.7% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Arete Cares Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Allied Education Initiative ($81K). Together the top 7 received $159K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $128K (2023) to $159K (2024). In 2024 it made 7 grants totaling $159K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Allied Education Initiative Boca Raton, FL | Education and Growth Initiative | $80,750 |
| New Hope Missions International Boca Raton, FL | Education and Growth Initiative | $28,000 |
| Saints International Inc Boca Raton, FL | Education and Growth Initiative | $20,000 |
| 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 |
| Child Rescue Coalition Boca Raton, FL | Education and Growth Initiative | $2,500 |
| John Leonard High School Boys Basketball Boca Raton, FL | Education and Growth Initiative | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $972 | $168,001 | $169,326 | $159,250 | 7 | $169,326 |
| 2023 | $2,297 | $130,400 | $128,103 | $128,000 | 8 | $128,000 |
Leadership & Key People
Officers and directors from IRS filings
Arete Cares Inc is led by Meagan Mann, President on every filing since 2023; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Meagan Mann
President
On filings since 2023
No compensation reported
Evelyn Minnick
Director
On filings since 2023
No compensation reported
Robert S. Baugh
Director
On filings since 2023
No compensation reported
Vinayak Sakore
Director
On filings since 2023
No compensation reported
Vincent Resnick
Director
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Arete Cares Inc
How much does Arete Cares Inc give each year?
Arete Cares Inc gave $159K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $128K across 8 grants.
What is Arete Cares Inc's typical grant size?
Arete Cares Inc's median grant in 2024 was $15,000, and its average grant was $22,750, across 7 grants on its 2024 IRS Form 990-PF.
Where does Arete Cares Inc give grants?
Arete Cares Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boca Raton, FL (7 grants).
Does Arete Cares Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Arete Cares Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education and Growth Initiative" (7 grants).
Who are Arete Cares Inc's largest grantees?
Arete Cares Inc's largest 2024 grantees include Allied Education Initiative ($80,750), New Hope Missions International ($28,000) and Saints International Inc ($20,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.
How large is Arete Cares Inc?
Arete Cares Inc reported $972 in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $168K.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Arete Cares Inc funds
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