Arete Scholars Fund
Arete Scholars Fund
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About this organization
Mission
Arete Scholar’s mission is to help under-resourced children find hope and reach their highest potential through educational opportunity.
About
Arete Scholars Fund, Inc. awarded 933 K4-12 Education scholarships during the 2017-2018 fiscal year. Scholarships were awarded solely to qualifying low-income students. The scholarships give parents, whose choices are otherwise limited, the opportunity to select the K4-12 private school that best meets their childrens needs. The scholarships pay up to $4,000 for private school tuition and fees.
Interesting data from their 2019 990 filing
The non-profit's mission, as documented in the filing, is “To help economically disadvantaged children discover and use their unique gifts and talents through educational opportunity.”.
When explaining its purpose, the activities were described as: “To assist low-income students reach their highest potential through educational opportunity.”.
- The non-profit is legally allowed to operate in the state of GA, as reported.
- The filing provides the non-profit's address in 2019 as PO Box 744 No 203, Dacula, GA, 30019.
- The non-profit has a total of 3 employees, as reported on their form for 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$84,776.
- The organization has 4 independent voting members.
- The organization was formed in 2010.
- The organization pays $316,872 in salary, compensation, and benefits to its employees.
- The organization pays $104,472 in fundraising expenses.