Arete Cares Inc
Preselected recipients only
Arete Cares Inc is a private foundation in Boca Raton, Florida. In tax year 2024 it gave $159,250 in 7 grants; the typical grant was $15,000 and the largest $80,750. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$159,250
- Number of grants7
- Typical grant$15,000
- Largest grant$80,750
- Assets$972
- New grantees86%
Giving in 2024 was up from $128,000 the year before.
86% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $128,000 | 8 | $2,297 |
| 2024 | $159,250 | 7 | $972 |
How to apply
Arete Cares Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Arete Cares Inc funds
Where it gives
All of its grants went to recipients in Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 7 | $159,250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Allied Education Initiative | Education and growth initiative | $80,750 |
| New Hope Missions International | Education and growth initiative | $28,000 |
| Saints International Inc | Education and growth initiative | $20,000 |
| Hef Connect Inc | Education and growth initiative | $15,000 |
| Kids Around the World Inc | Education and growth initiative | $12,500 |
| Child Rescue Coalition | Education and growth initiative | $2,500 |
| John Leonard High School Boys Basketball | Education and growth initiative | $500 |
Officers and trustees
- Meagan Mann
- Robert S Baugh
- Vincent Resnick
- Evelyn Minnick
- Vinayak Sakore
Questions people ask
Does Arete Cares Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Arete Cares Inc give?
$159,250 in tax year 2024, across 7 grants, with a typical grant of $15,000.
Who runs Arete Cares Inc?
Its 2024 filing lists Meagan Mann (President), Robert S Baugh (Director), Vincent Resnick (Director) and Evelyn Minnick (Director) among 5 officers and trustees.
What does Arete Cares Inc fund?
Based on its grants, mainly education, international and youth programs.