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Arete Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1986. It holds total assets of $42.6M. Annual income is reported at $9.2M. CONTRIBUTIONS TO TAX EXEMPT EDUCATIONAL ORGANIZATIONS (17). According to available records, Arete Foundation has made 140 grants totaling $38.4M, with a median grant of $100K. Annual giving has decreased from $10M in 2020 to $6.3M in 2023. Grantmaking activity was highest in 2022 with $14.9M distributed across 50 grants. Individual grants have ranged from $1K to $2.6M, with an average award of $274K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, New Jersey, which account for 76% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
CONTRIBUTIONS TO TAX EXEMPT EDUCATIONAL ORGANIZATIONS (21)
Expenses: $2.7M
CONTRIBUTIONS TO TAX EXEMPT CHARITABLE ORGANIZATIONS (24)
Expenses: $3.4M
CONTRIBUTIONS TO TAX EXEMPT RELIGIOUS ORGANIZATIONS (2)
Expenses: $140K
CONTRIBUTIONS TO TAX EXEMPT LITERARY
Expenses: $8K
CONTRIBUTIONS TO TAX EXEMPT EDUCATIONAL ORGANIZATIONS (17). Based on available records, the foundation has funded 140 grants. Its grantmaking reaches organizations primarily in NY, PA, NJ.
Arete Foundation has distributed a total of $38.4M across 140 grants. The median grant size is $100K, with an average of $274K. Individual grants have ranged from $1K to $2.6M.
Arete Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arete Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward E Cohen | TRUSTEE, AS REQUIRED | $0 | $0 | $0 |
| Daniel G Cohen | TRUSTEE, AS REQUIRED | $0 | $0 | $0 |
| Jonathan Z Cohen | TRUSTEE, AS REQUIRED | $0 | $0 | $0 |
| Betsy Z Cohen | TRUSTEE, AS REQUIRED | $0 | $0 | $0 |
Total Giving
$10.2M
Total Assets
$45.1M
Fair Market Value
$53.5M
Net Worth
$36.3M
Grants Paid
$9.5M
Contributions
$0
Net Investment Income
$382K
Distribution Amount
$2.6M
Total: $18.5M
Total Grants
140
Total Giving
$38.4M
Average Grant
$274K
Median Grant
$100K
Unique Recipients
40
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityEDUCATIONALSUPPORT FOR HADRIAN'S VILLA PROGRAM | New York, NY | $25K | 2023 |
| Neue Galerie New YorkEDUCATIONALGENERAL OPERATING SUPPORT | New York, NY | $3K | 2020 |
| VariousVARIOUS | Various, PA | $1.4M | 2023 |
| The Metropolitan Opera Association IncCHARITABLESUPPORT FOR PHASE III CAMPAIGN FOR THE MET: SECURING THE FUTURE; FY 21 UNRESTRICTED GIFT; MET STARS CONCERT | New York, NY | $1.3M | 2023 |
| Columbia University Office Of Global Initatives |
EAST LIVERPOOL, OH
EMERALD HILLS, CA
SKOKIE, IL
GLEN ELLYN, IL
JACKSON, NJ
| New York, NY |
| $756K |
| 2023 |
| Asia SocietyCHARITABLESUPPORT 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 | New York, NY | $614K | 2023 |
| University Of PennsylvaniaEDUCATIONALSUPPORT FOR ARETE GORDON EXPEDITION FUND; PENN LECTURES WORLD TERM FUND ADN WORLD ENDOWED FUND | Philadelphia, PA | $553K | 2023 |
| The Metropolitan Museum Of ArtEDUCATIONALSUPPORT FOR CHAIRMAN'S COUNCIL 2019-2020; EMERGENCY RELIEF FUND, INTERNSHIPS, DEIA STRATEGIC PLAN AND WOMEN AND THE CRITICAL EYE PROGRAM | New York, NY | $370K | 2023 |
| The Public TheaterCHARITABLESUPPORT FOR CAPITAL CAMPAIGN; 2020 ANNUAL OPERATING SUPPORT; AND GALA | New York, NY | $300K | 2023 |
| American Numismatic SocietyCHARITABLEFY 2019-FY 2021 GENERAL OPERATING BUDGET | New York, NY | $155K | 2023 |
| Lincoln Center Theater The Vivian Beaumont Theater IncCHARITABLESUPPORT FOR LINCTIX PORGRAM; LCT3 NEW ARTISTS/AUDIENCES PROGRAM AND UNRESTRICTED GIFT | New York, NY | $150K | 2023 |
| University Of ChicagoEDUCATIONALSUPPORT FOR ABIGAIL COHEN FELLOWSHIP AND UNRESTRICTED GIFT | Chicago, IL | $150K | 2023 |
| The American School Of Classical Studies At AthensEDUCATIONALSUPPORT FOR GALA 2020, FELLOWSHIP PROGRAM AND LORING HALL RENOVATION PROJECT | Princeton, NJ | $150K | 2023 |
| City SquashCHARITABLEGENERAL OPERATING SUPPORT | Bronx, NY | $100K | 2023 |
| The East Harlem SchoolEDUCATIONALGENERAL OPERATING SUPPORT | New York, NY | $100K | 2023 |
| Park Avenue SynagogueRELIGIOUSGENERAL OPERATING SUPPORT | New York, NY | $40K | 2023 |
| The Barnes FoundationEDUCATIONALSUPPORT FOR BARNES ART BALL; CHAIRMAN'S CIRCLE AND SECOND CENTURY CAMPAIGN | Philadelphia, PA | $25K | 2023 |
| Marie Selby Botanical GardensCHARITABLEGENERAL OPERATING SUPPORT | Sarasota, FL | $25K | 2023 |
| The Brearley SchoolEDUCATIONALSUPPORT FOR PARENTS ASSOCIATION BENEFIT AND ANNUAL FUND | New York, NY | $10K | 2023 |
| Islesboro Island TrustCHARITABLEGENERAL OPERATING SUPPORT | Islesboro, ME | $10K | 2023 |
| Islesboro Community CenterCHARITABLEGENERAL OPERATING SUPPORT | Islesboro, ME | $10K | 2023 |
| The Economic Club Of New YorkEDUCATIONAL GENERAL OPERATING SUPPORT | New York, NY | $3K | 2023 |
| ArtsmartEDUCATIONALSUPPORT FOR ARTS EDUCATION AND YOUTH MENTORSHIP PROGRAM | Philadelphia, PA | $2K | 2023 |
| Glimmerglass Opera Theatre IncCHARITABLEGENERAL OPERATING SUPPORT | Cooperstown, NY | $200K | 2022 |
| Town Of Islesboro Islesboro Economic Sustainability CorporationCHARITABLEGENERAL OPERATING SUPPORT | Iselsboro, ME | $20K | 2022 |
| Boys And Girls Club Of AmericaCHARITABLESUPPORT FOR NE YOY GALA | New York, NY | $10K | 2022 |
| The Brookings InstituteEDUCATIONALANNUAL SUPPORT | Washington, DC | $250K | 2021 |
| Paideia Institute For Huamnistic Study IncEDUCATIONALANNUAL PLEDGE | Brooklyn, NY | $85K | 2021 |
| Maine Organic Farmers And GardenersCHARITABLEGENERAL OPERATING SUPPORT | Unity, ME | $32K | 2021 |
| Middle East Investment InitiativeCHARITABLEGENERAL OPERATING SUPPORT | Washington, DC | $25K | 2021 |
| Jewish Congregation Of VeniceRELIGIOUSMEMBERSHIP DUES 2020-2021 | Venice, FL | $1K | 2021 |
| Bryn Mawr CollegeEDUCATIONALSUPPORT FOR THE BETSY ZUBROW COHEN 1963PRESIDENTIAL INNOVATION FUND | Bryn Mawr, PA | $1M | 2020 |
| Santa Fe OperaCHARITABLEPRODUCTION SUPPORT- M. BUTTERFLY | Santa Fe, NM | $250K | 2020 |
| Germantown Friends SchoolEDUCATIONALCHALLENGE GRANT FOR FINANCIAL AID | Philadelphia, PA | $150K | 2020 |
| Penn Arts And Sciences Office Of AdvancementEDUCATOINALSUPPORT FOR JONATHAN Z. COHEN AND JULIA BENNETT PERSHAN ENDOWMENT SCHOLARSHIP | Philadelphia, PA | $100K | 2020 |
| Lincoln Center TheaterCHARITABLEANNUAL BOARD GIFT | New York, NY | $50K | 2020 |
| The Phoenix Fund Shakespeare Theatre CompanyCHARITABLEGENERAL OPERATING SUPPORT | Washington, DC | $50K | 2020 |
| Juvenile Diabetes Research FoundationCHARITABLEGENERAL OPERATING SUPPORT | New York, NY | $10K | 2020 |
| American Repertory TheaterCHARITABLEGENERAL OPERATING SUPPORT | Cambridge, MA | $5K | 2020 |
| The Brooklyn RailCHARITABLEGENERAL OPERATING SUPPORT | Brooklyn, NY | $3K | 2020 |
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