Overview
What is Arete Scholars Fund Inc?
Arete Scholars Fund Inc, headquartered in Dacula, Georgia, is a nonprofit organization committed to aiding economically disadvantaged children. During the 2021-2022 fiscal year, they granted 1,352 scholarships to eligible low-income students for K4-12 education. These scholarships enable parents to choose a private school that best fits their children's needs, with each scholarship covering up to $4,000 in tuition and fees. The organization's mission is to empower these children by providing them with educational opportunities, enabling them to uncover and utilize their inherent talents. With a staff of five individuals, Arete Scholars Fund Inc is dedicated to assisting low-income students in reaching their full potential.
Official website here: www.aretescholars.org
Is Arete Scholars Fund Inc legitimate?
Arete Scholars Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arete Scholars Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $153,485
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,623
For more financial information, click here
Official website here: www.aretescholars.org
What is the mission statement of Arete Scholars Fund Inc?
The mission of Arete Scholars Fund Inc is centered around assisting economically disadvantaged children. This organization aims to help these children uncover and utilize their unique abilities and talents through the provision of educational opportunities. During the 2021-2022 fiscal year, Arete Scholars Fund, Inc. granted 1,352 scholarships to eligible low-income students, enabling their parents to choose the best K4-12 private school for their children's needs. The scholarships cover up to $4,000 in tuition and fees, thereby expanding the educational choices for families who may otherwise be limited.
Official website here: www.aretescholars.org
Who is the CEO of Arete Scholars Fund Inc?
Arthur Dupre is the President (Part Year), Board Member of Arete Scholars Fund Inc.
Official website here: www.aretescholars.org
What is the revenue of Arete Scholars Fund Inc?
Arete Scholars Fund Inc's revenue in 2022 was $5,894,748.
Official website here: www.aretescholars.org
Who are the executives of Arete Scholars Fund Inc and what are their salaries?
The average compensation at Arete Scholars Fund Inc during 2022 was $54,822. There are 5 employees and 6 volunteers at Arete Scholars Fund Inc.
Here are 7 key members and their salaries:
- Arthur Dupre (President) [Trustee/Director]
- James Smith (President (Part Year), Board Member) [Trustee/Director]
- Derek Monjure (Board Member) [Trustee/Director]
- Gregory Beadles (Board Chairman) [Trustee/Director]
- Chris Prince (Vice President) [Trustee/Director]
- Al Petrangeli (Treasurer) [Trustee/Director]
- Terry Tucker (Secretary) [Trustee/Director]
Official website here: www.aretescholars.org
Where can I find the form 990 for Arete Scholars Fund Inc?
The Arete Scholars Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.aretescholars.org
Learn more at the official website: www.aretescholars.org
Mission Statement of Arete Scholars Fund Inc
Arete Scholars Fund, Inc., a nonprofit organization, is dedicated to aiding economically disadvantaged children in realizing their full potential through educational opportunities. Its mission is to identify and facilitate the utilization of unique talents within these children, thereby providing them with the means to excel academically. During the 2021-2022 fiscal year, the organization awarded 1,352 scholarships to qualifying low-income students, enabling their parents to choose the best K4-12 private schools for their children's needs. These scholarships covered up to $4,000 in tuition and fees, expanding educational options for families with limited resources. Through its scholarship program, Arete Scholars Fund, Inc. enables economically disadvantaged children to pursue education in institutions that cater to their individual needs, thereby fostering their intellectual growth and future success.
Impact
This information is meant to be a general summary of Arete Scholars Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Arete Scholars Fund Inc's impact is profound in helping economically disadvantaged children discover and utilize their unique gifts and talents through educational opportunity. During the 2021-2022 fiscal year, Arete Scholars Fund, Inc. awarded 1,352 K4-12 education scholarships solely to qualifying low-income students. These scholarships provide parents with the opportunity to select the best private school for their children, which they may not have access to otherwise. Each scholarship covers up to $4,000 for private school tuition and fees, making a significant difference in the lives of these students and their families.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(404) 697-2649
Principal Officer
Arthur Dupre
Main Address
3617 Braselton Hwy Suite 101, Dacula, GA, 30019
Website
www.aretescholars.org
NTEE Category
Code: B82 - Education
If you are a representative of Arete Scholars Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.