Arete Foundation
Preselected recipients only
Arete Foundation is a private foundation in Philadelphia, Pennsylvania. In tax year 2023 it gave $2.7 million in 19 grants; the typical grant was $100,000 and the largest $2.1 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$2.7 million
- Number of grants19
- Typical grant$100,000
- Largest grant$2.1 million
- Assets$56.9 million
- New grantees0%
Giving in 2023 was down from $9.5 million the year before.
0% of its 2023 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $9.5 million | 22 | $53.5 million |
| 2023 | $2.7 million | 19 | $56.9 million |
How to apply
Arete Foundation 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.
What Arete Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 4 | $2.6 million |
| New York | 10 | $2.3 million |
| New Jersey | 1 | $294,500 |
| Illinois | 1 | $150,000 |
| Florida | 1 | $75,000 |
| Maine | 2 | $35,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Various | Various | $2.1 million |
| The Metropolitan Museum of Art | Educationalsupport for chairman's council 2019-2020; emergency relief fund, internships, deia strategic plan and women and the critical eye program | $850,000 |
| Asia Society | Charitablesupport for asia game changers fy 2020; support for danniel russell work; support for abigail cohen fellowship in documentary photography; support for hong kong 30th anniversary virtual gala | $429,413 |
| The Metropolitan Opera Association Inc | Charitablesupport for phase iii campaign for the met: securing the future; fy 21 unrestricted gift; met stars concert | $410,000 |
| University of Pennsylvania | Educationalsupport for arete gordon expedition fund; penn lectures world term fund adn world endowed fund | $308,000 |
| The American School of Classical Studies at Athens | Educationalsupport for gala 2020, fellowship program and loring hall renovation project | $294,500 |
| The Public Theater | Charitablesupport for capital campaign; 2020 annual operating support; and gala | $250,000 |
| University of Chicago | Educationalsupport for abigail cohen fellowship and unrestricted gift | $150,000 |
| Artsmart | Educationalsupport for arts education and youth mentorship program | $100,000 |
| Lincoln Center Theater the Vivian Beaumont Theater Inc | Charitablesupport for linctix porgram; lct3 new artists/audiences program and unrestricted gift | $100,000 |
| Park Avenue Synagogue | Religiousgeneral operating support | $100,000 |
| The Barnes Foundation | Educationalsupport for barnes art ball; chairman's circle and second century campaign | $100,000 |
| Marie Selby Botanical Gardens | Charitablegeneral operating support | $75,000 |
| The East Harlem School | Educationalgeneral operating support | $75,000 |
| Islesboro Community Center | Charitablegeneral operating support | $25,000 |
| City Squash | Charitablegeneral operating support | $15,000 |
| Columbia University | Educationalsupport for hadrian's villa program | $12,500 |
| Islesboro Island Trust | Charitablegeneral operating support | $10,000 |
| The Economic Club of New York | Educational general operating support | $9,065 |
Officers and trustees
- Edward E Cohen
- Betsy Z Cohen
- Jonathan Z Cohen
- Daniel G Cohen
Questions people ask
Does Arete Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Arete Foundation give?
$2.7 million in tax year 2023, across 19 grants, with a typical grant of $100,000.
Who runs Arete Foundation?
Its 2023 filing lists Edward E Cohen (Chair, As Required), Betsy Z Cohen (Trustee, As Required), Jonathan Z Cohen (Trustee, As Required) and Daniel G Cohen (Trustee, As Required).
What does Arete Foundation fund?
Based on its grants, mainly education, arts and culture and environment and conservation.