Arete Foundation
Arete Foundation is a private foundation, based in Bozeman, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45K in total assets. In 2024, it awarded 2 grants totaling $3K. Net investment income was $64.
Arete Foundation at a glance
In short: Arete Foundation gave $3K across 2 grants in 2024 (avg $1K), mostly in Montana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,500
- +92.3% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $1,250
- +92.3% vs 2023
- Median grant
- $1,250
- Total assets
- $44,636
- -5.3% vs 2023
- Primary geography
- Montana (80% 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 Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was KGLT Co Montana State University Alumni Foundation ($2K). Together the top 2 received $3K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Arete Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2023) to $4K (2020). In 2024 it made 2 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| KGLT Co Montana State University Alumni Foundation Bozeman, MT | General Fund Contribution | $2,000 |
| Polg Foundation New York City, NY | General Fund Contribution | $500 |
Ready to take the next step with Arete Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $44,636 | $64 | $2,586 | $2,500 | 2 | $2,500 | $64 | $14 |
| 2023 | $47,158 | $450 | $1,444 | $1,300 | 2 | $1,300 | $450 | $208 |
| 2021 | $51,800 | $1,254 | $4,050 | $2,500 | 2 | $2,750 | $804 | $2,598 |
| 2020 | $54,596 | $1,505 | $5,059 | $3,500 | 3 | — | $1,105 | $2,742 |
Under IRS private-foundation payout rules, Arete Foundation reported a distributable amount of $14 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Arete Foundation is led by Diana Neale, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Diana Neale
President
On filings since 2020
No compensation reported
Graham Neale
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: jaimie Jenks (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Foundation
How much does Arete Foundation give each year?
Arete Foundation gave $3K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 2 grants.
How large is Arete Foundation?
Arete Foundation reported $45K in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $14 (roughly 5% of its investment assets).
Where does Arete Foundation operate?
Arete Foundation has awarded grants in Montana, New York, Pennsylvania, Texas.
What is Arete Foundation's EIN?
Arete Foundation's EIN (Employer Identification Number) is 95-3806437. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
Explore Open Grants
Browse active grant opportunities in Arete Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Gansett Foundation
Boston, MA
Assets
$8.8M
Grants
1
Total Given
$1.3M
Moontower Foundation
Alpharetta, GA
To provide funding to charities in fulfillment of the exempt purposes of national christian charitable foundation, inc. ("nccf")
Assets
$5.8M
Grants
1
Total Given
$342K
Montana Trout Foundation
Matlacha, FL
Assets
$216K
Grants
2
Total Given
$10K
Seven Woods Foundation
Bellevue, WA
Assets
$585
Grants
2
Total Given
$186K
Rex Foundation
San Anselmo, CA
To help secure a healthy environment, promote individuality in the arts, provide support to critical and necessry social services, assist others less fortunate than ourselves, protect the rights of indigenous people and ensure their cultural survival, build a stronger community, and educate children and adults everywhere.
Assets
$635K
Grants
2
Total Given
$20K
McGuire Family Foundation
San Antonio, TX
The McGuire Family Foundation supports community assistance, conservation and education, mental health, and charitable organizations; its 2025 grants went to Texas recipients, all based in San Antonio. Grants ranged from $5,000 to $8,000, with a median of $6,000. It does not limit giving to preselected organizations, but the filing does not state whether it accepts unsolicited requests.
Assets
$292K
Grants
4
Total Given
$25K
More similar funders
More Funders in Montana
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Arete Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Arete Foundation down — hundreds of funders to go?