Private foundation · EIN 23-6779271
Arete Foundation
Philadelphia, PA
Arete Foundation is a private foundation based in Philadelphia, PA. On its Form 990-PF for tax year 2023, it reported $5.43M in grants and contributions paid across 19 grants, with $56.9M in assets (fair market value). It reports that it gives only to preselected charitable organizations and does not accept unsolicited requests for funds. Its largest grants went to The Metropolitan Museum of Art, Asia Society and The Metropolitan Opera Association Inc.
How to request funding
Gives only to preselected organizations. On its Form 990-PF, this foundation checked the box saying it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Relationships and invitations usually come first.
As reported on the foundation's Form 990-PF for tax year 2023. Requirements change; confirm with the foundation before applying.
Largest grants, tax year 2023
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| The Metropolitan Museum of Art | New York, NY | 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 | New York, NY | Charitablesupport for Asia Game Changers Fy 2020; Support for Danniel Russell Work; Support for Abigail Cohen Fellowship in Documentary Photography; Support for | $429,413 |
| The Metropolitan Opera Association Inc | New York, NY | Charitablesupport for Phase III Campaign for the Met: Securing the Future; Fy 21 Unrestricted Gift; Met Stars Concert | $410,000 |
| University of Pennsylvania | Philadelphia, PA | 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 | Princeton, NJ | Educationalsupport for Gala 2020, Fellowship Program and Loring Hall Renovation Project | $294,500 |
| The Public Theater | New York, NY | Charitablesupport for Capital Campaign; 2020 Annual Operating Support; and Gala | $250,000 |
| University of Chicago | Chicago, IL | Educationalsupport for Abigail Cohen Fellowship and Unrestricted Gift | $150,000 |
| Artsmart | Philadelphia, PA | Educationalsupport for Arts Education and Youth Mentorship Program | $100,000 |
| Lincoln Center Theater the Vivian Beaumont Theater Inc | New York, NY | Charitablesupport for Linctix Porgram; Lct3 New Artists/Audiences Program and Unrestricted Gift | $100,000 |
| Park Avenue Synagogue | New York, NY | Religiousgeneral Operating Support | $100,000 |
| The Barnes Foundation | Philadelphia, PA | Educationalsupport for Barnes Art Ball; Chairman's Circle and Second Century Campaign | $100,000 |
| Marie Selby Botanical Gardens | Sarasota, FL | Charitablegeneral Operating Support | $75,000 |
| The East Harlem School | New York, NY | Educationalgeneral Operating Support | $75,000 |
| Islesboro Community Center | Islesboro, ME | Charitablegeneral Operating Support | $25,000 |
| City Squash | Bronx, NY | Charitablegeneral Operating Support | $15,000 |
| Columbia University | New York, NY | Educationalsupport for Hadrian's Villa Program | $12,500 |
| Islesboro Island Trust | Islesboro, ME | Charitablegeneral Operating Support | $10,000 |
| The Economic Club of New York | New York, NY | Educational General Operating Support | $9,065 |
The 18 largest of 19 grants listed on the return. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Arete Foundation accept grant applications?
According to its Form 990-PF for tax year 2023, Arete Foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
How much does Arete Foundation give each year?
For tax year 2023, it reported $5,427,644 in grants and contributions paid (19 grants). Giving can change from year to year.
What organizations has Arete Foundation funded?
Its largest grants in tax year 2023 went to The Metropolitan Museum of Art (NY), $850K, Asia Society (NY), $429K, The Metropolitan Opera Association Inc (NY), $410K, University of Pennsylvania (PA), $308K and The American School of Classical Studies at Athens (NJ), $295K.