Private foundation · EIN 23-6779271 · Philadelphia, Pennsylvania

Arete Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2023 Form 990-PF: 19 grants paid, $5.4M total, median $100K. 21% of grants stayed in Pennsylvania. Stated restrictions: NONE

Accepts applications
No
per 990-PF Part XV
Grants paid, 2023
19
$5.4M
Median grant
$100K
Stays in PA
21%
of grants
Deadline
NONE
Assets
$43M

How to apply

Letter of email request with supporting materials including irs tax determination letter. Contact: Donna Zanghi Executive Director Are, 1845 Walnut St Suite 1111, Philadelphia, Pa, 2157173344, DZANGHI@ARETEFOUNDATION.NET Deadlines: NONE Restrictions: NONE

Quoted from Part XV of the foundation's 2023 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2023

Top 18 of 19 grants by amount · from Form 990-PF Part XV. Part XV itemizes $5.4M; Part I reports $2.7M in contributions paid

RecipientPurposeAmount
The Metropolitan Museum of ArtNew York, NYEducationalsupport for chairman's council 2019-2020; emergency relief fund, internships, deia strategic plan and women and the critical eye…$850K
Asia SocietyNew York, NYCharitablesupport for asia game changers fy 2020; support for danniel russell work; support for abigail cohen fellowship in documentary pho…$429K
The Metropolitan Opera Association IncNew York, NYCharitablesupport for phase iii campaign for the met: securing the future; fy 21 unrestricted gift; met stars concert$410K
University of PennsylvaniaPhiladelphia, PAEducationalsupport for arete gordon expedition fund; penn lectures world term fund adn world endowed fund$308K
The American School of Classical Studies at AthensPrinceton, NJEducationalsupport for gala 2020, fellowship program and loring hall renovation project$295K
The Public TheaterNew York, NYCharitablesupport for capital campaign; 2020 annual operating support; and gala$250K
University of ChicagoChicago, ILEducationalsupport for abigail cohen fellowship and unrestricted gift$150K
ArtsmartPhiladelphia, PAEducationalsupport for arts education and youth mentorship program$100K
Lincoln Center Theater the Vivian Beaumont Theater IncNew York, NYCharitablesupport for linctix porgram; lct3 new artists/audiences program and unrestricted gift$100K
Park Avenue SynagogueNew York, NYReligiousgeneral operating support$100K
The Barnes FoundationPhiladelphia, PAEducationalsupport for barnes art ball; chairman's circle and second century campaign$100K
Marie Selby Botanical GardensSarasota, FLCharitablegeneral operating support$75K
The East Harlem SchoolNew York, NYEducationalgeneral operating support$75K
Islesboro Community CenterIslesboro, MECharitablegeneral operating support$25K
City SquashBronx, NYCharitablegeneral operating support$15K
Columbia UniversityNew York, NYEducationalsupport for hadrian's villa program$13K
Islesboro Island TrustIslesboro, MECharitablegeneral operating support$10K
The Economic Club of New YorkNew York, NYEducational general operating support$9,065

By state: Pennsylvania 4 · New York 10 · New Jersey 1 · Illinois 1 · Florida 1 · Maine 2

About this foundation

Arete Foundation is a private grantmaking foundation in Philadelphia, Pennsylvania, tax-exempt since 1986. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Arete Foundation accept grant applications?

No. On its 2023 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Arete Foundation give each year?

In tax year 2023 it paid $5.4M across 19 grants, a median of $100K.

Where does Arete Foundation give?

Pennsylvania (4 grants), New York (10 grants), New Jersey (1 grants) and elsewhere, per its latest filing.

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