TO HELP ECONOMICALLY DISADVANTAGED CHILDREN DISCOVER AND USE THEIR UNIQUE GIFTS AND TALENTS THROUGH EDUCATIONAL OPPORTUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+5.9% YoY
Revenue
$6.2M
+0.4% YoY
Net Investment Income
$285K
+190.9% YoY
Expenses
$6.0M
+8.5% YoY
About Arete Scholars Fund Inc
Based on IRS filings
Arete Scholars Fund Inc is a nonprofit organization focused on Education, based in SUWANEE, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. Net investment income was $285K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,897,213 | $10,292,233 | $9,628,160 |
| Revenue | $6,203,850 | $6,176,961 | $5,894,748 |
| Expenses | $5,969,993 | $5,500,936 | $4,728,675 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $284,645 | $97,847 | $29,825 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Arthur Dupre | President | 40 | $296,979 |
| Derek Monjure | Board Member | 1 | — |
| Gregory Beadles | Board Chairman | 1 | — |
| James Smith | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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