Nonprofits›Arete Scholars Fund Inc
Education
Arete Scholars Fund Inc
DACULA, GA
Total revenue
$6.2M
Total expenses
$6.0M
Net assets
$10.7M
Grants received
$95K
5 grants
EIN
272494520
Tax year
2023
Mission
To assist low-income students in reaching their highest potential through educational opportunity.
Financials
FY 2023
Revenue
Contributions & grants$5.9M
Program service revenue$65K
Investment income$285K
Other revenue—
Total revenue$6.2M
Expenses
Grants paid$5.3M
Salaries & benefits$442K
Fundraising$128K
Other expenses$196K
Total expenses$6.0M
Total assets$10.9M
Net assets$10.7M
People
4 listed
NameRoleCompensation
Arthur Dupre
President
Board
$297K
40 hrs/wk
Derek Monjure
Board Member
Board
—
1 hrs/wk
Gregory Beadles
Board Chairman
Board
—
1 hrs/wk
James Smith
Secretary
Board
—
1 hrs/wk
Grants received
Showing 5 of 5
FromAmountPurposeYear
Funded by
$95K from 4 funders · 5 grants · 2020–2024
Richard & Barbara Gaby Foundation
$35K · 1 grant · 2020
Natl Christian Charitable Fdn Inc
$26K · 2 grants · 2020–2024
Fidelity Investments Charitable Gift Fund
$25K · 1 grant · 2020
Charities Aid Foundation America
$9K · 1 grant · 2023
Details
EIN272494520
NTEE codeB82
Subsection03
Ruling date2010-08
Formed2010
Employees5
Volunteers0