Arete Cares Inc
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.
Key facts about Arete Cares Inc
- EIN
- 92-1464258
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $159,250
- Grants made (2024)
- 7
- Average grant
- $22,750
- Median grant
- $15,000
- Total assets
- $972
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Arete Cares Inc funds
By grant dollars, the top recipient states for Arete Cares Inc's 7 itemized 2024 grants were Florida (100%). The most frequent recipient cities were Boca Raton, FL (7 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education and Growth Initiative" (7 grants).
Next steps with Arete Cares Inc
- How to evaluate Arete Cares Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Arete Cares Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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
Ready to take the next step with Arete Cares Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
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 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
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 recipients include Allied Education Initiative ($80,750), New Hope Missions International ($28,000), Saints International Inc ($20,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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
Browse active grant opportunities in Arete Cares Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Fleet Advantage Foundation Inc
Fort Lauderdale, FL
Assets
—
Grants
47
Total Given
$366K
Sempra Foundation
San Diego, CA
Assets
$11.5M
Grants
1,501
Total Given
$1.8M
TDS Foundation
Irvine, CA
Assets
$6K
Grants
47
Total Given
$750K
Dallas Seminary Foundation
Dallas, TX
Assets
$122.2M
Grants
125
Total Given
$14.8M
Jeff and Jenifer Westphal Foundation
Newtown Square, PA
Assets
$27.3M
Grants
38
Total Given
$2.2M
The David & Colleen Anderson
Rockford, IL
Assets
—
Grants
83
Total Given
$152K
Publix Super Markets Charities Inc
Lakeland, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
Jacksonville, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Miami Foundation Inc
Miami, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Community Foundation of Tampa Bay Inc
Tampa, FL
Assets
$1.0B
Grants
698
Total Given
$54.3M
Edward Jones Foundation
St Louis, MO
Assets
$138.9M
Grants
6,618
Total Given
$20.3M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Florida
Data last updated September 2026. Sourced from IRS Form 990-PF filings.