ARETE FOUNDATION

Cite this

Plain text ARETE FOUNDATION. furp.org, nonprofit organization profile, tax years 2019–2023. https://furp.org/org/arete-foundation-236779271. Retrieved 2026-10-29.

APA furp.org. (n.d.). ARETE FOUNDATION [Nonprofit organization profile; tax years 2019–2023]. Retrieved October 29, 2026, from https://furp.org/org/arete-foundation-236779271

MLA “ARETE FOUNDATION.” furp.org, tax years 2019–2023, https://furp.org/org/arete-foundation-236779271. Accessed 29 Oct. 2026.

Retrieved 2026-10-29; covers tax years 2019–2023. Data: furp.org, CC BY 4.0.

2023 · Form 990PF · revenue $9.0M · expenses $3.6M · assets $42.6M

EIN
23-6779271
Address
1845 WALNUT ST, PHILADELPHIA, PA 19103-4708
NTEE code
-
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (trust)
Ruling date
July 1986 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

5 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Jeffrey Brotman VICE-PRESIDENT, AS R2019-2023 $116,667$562,180 1
Thomas Elliott CHIEF FINANCIAL OFFI2021-2023 $175,000$440,192 1
Donna Zanghi EXECUTIVE DIRECTOR,2021-2023 $108,215$280,215 1
Corey Cannon (former) FORMER CHIEF FINANCI2019-2021 $64,423$273,134 1
Sue Taylor (former) EXECUTIVE DIRECTOR,2019-2020 $135,154$265,154 1

Officers and directors, no compensation reported

4 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Edward E Cohen CHAIR, AS REQUIRED2019-2023 0 $0 reported 1
Betsy Z Cohen TRUSTEE, AS REQUIRED2019-2023 0 $0 reported 1
Jonathan Z Cohen TRUSTEE, AS REQUIRED2019-2023 0 $0 reported 1
Daniel G Cohen TRUSTEE, AS REQUIRED2019-2023 0 $0 reported 1

People by year

2023 · 7 people listed · 3 paid, $400K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
THOMAS ELLIOTT CHIEF FINANCIAL OFFI30 $175,000-$0 $175,0001
JEFFREY BROTMAN VICE-PRESIDENT, AS R10 $116,667-$0 $116,6671
DONNA ZANGHI EXECUTIVE DIRECTOR,30 $108,215-$0 $108,2151
EDWARD E COHEN CHAIR, AS REQUIRED0 $0-$0 $01
BETSY Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
JONATHAN Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
DANIEL G COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
2022 · 7 people listed · 3 paid, $394K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
THOMAS ELLIOTT CHIEF FINANCIAL OFFI30 $175,000-$0 $175,0001
JEFFREY BROTMAN VICE-PRESIDENT, AS R10 $116,667-$0 $116,6671
DONNA ZANGHI EXECUTIVE DIRECTOR,30 $102,000-$0 $102,0001
EDWARD E COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
BETSY Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
JONATHAN Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
DANIEL G COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
2021 · 8 people listed · 4 paid, $341K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JEFFREY BROTMAN VICE-PRESIDENT, AS R10 $116,667-$0 $116,6671
THOMAS ELLIOTT CHIEF FINANCIAL OFFI30 $90,192-$0 $90,1921
DONNA ZANGHI EXECUTIVE DIRECTOR,30 $70,000-$0 $70,0001
COREY CANNON FORMER CHIEF FINANCI30 $64,423-$0 $64,4231
EDWARD E COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
BETSY Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
JONATHAN Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
DANIEL G COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
2020 · 7 people listed · 3 paid, $355K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
SUE TAYLOR EXECUTIVE DIRECTOR,30 $135,154-$0 $135,1541
JEFFREY BROTMAN VICE-PRESIDENT, AS R10 $112,179-$0 $112,1791
COREY CANNON CHIEF FINANCIAL OFFI30 $107,769-$0 $107,7691
EDWARD E COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
BETSY Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
JONATHAN Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
DANIEL G COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
2019 · 7 people listed · 3 paid, $331K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
SUE TAYLOR EXECUTIVE DIRECTOR,30 $130,000-$0 $130,0001
COREY CANNON CHIEF FINANCIAL OFFI30 $100,942-$0 $100,9421
JEFFREY BROTMAN VICE-PRESIDENT, AS R10 $100,000-$0 $100,0001
EDWARD E COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
BETSY Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
JONATHAN Z COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01
DANIEL G COHEN TRUSTEE, AS REQUIRED0 $0-$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2023 · 19 grants to organizations · $5.4M

Listed grants add up to $5,427,644; the return's “grants paid” expense line says $2,727,914. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2022 · 22 grants to organizations · $6.3M

Listed grants add up to $6,274,260; the return's “grants paid” expense line says $9,450,007. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2021 · 25 grants to organizations · $7.5M

Listed grants add up to $7,461,511; the return's “grants paid” expense line says $2,249,131. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2020 · 29 grants to organizations · $7.2M

Listed grants add up to $7,239,136; the return's “grants paid” expense line says $8,670,168. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2019 · 39 grants to organizations · $10.0M

Listed grants add up to $9,973,227; the return's “grants paid” expense line says $6,488,799. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2023 · 1 contributor · $599K
#ContributorTypeCity, stateTotalNoncashSource
1 EDWARD E COHEN AND BETSY Z COHEN Person OSPREY, FL $598,931$598,931 Form 990PF Sch. B, 2023 · filing
2019 · 2 contributors · $3.0M
#ContributorTypeCity, stateTotalNoncashSource
1 EDWARD E COHEN AND BETSY Z COHEN Person OSPREY, FL $2,492,000$2,492,000 Form 990PF Sch. B, 2019 · filing
2 JONATHAN Z COHEN AND JULIA PERSHAN Person NEW YORK, NY $534,000$534,000 Form 990PF Sch. B, 2019 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2023 · Form 990PF period ending 2024-11-30 · view filing · original 990 ↗
$8,957,390$3,622,767 $42,597,539$35,855,772 $598,931- $399,882--
2022 · Form 990PF period ending 2023-11-30 · view filing · original 990 ↗
$1,668,441$10,170,564 $45,050,715$36,340,121 -- $393,667--
2021 · Form 990PF period ending 2022-11-30 · view filing · original 990 ↗
$6,934,017$12,479,949 $52,988,507$47,310,689 $2,285,000- $376,609--
2020 · Form 990PF period ending 2021-11-30 · view filing · original 990 ↗
$10,374,302$9,627,594 $56,251,641$45,295,581 $0- $355,102--
2019 · Form 990PF period ending 2020-11-30 · view filing · original 990 ↗
$5,927,114$9,153,645 $69,704,325$61,536,713 $3,026,000- $330,942--

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
BGV FOUNDATIONVAS43 $4,539,358$3,909,836 CHIEF EXECUTIVE OFFICER$219,411 Similar name, revenue within 2x
AMICUS FOUNDATIONMTT22 $9,353,205$218,413 DIRECTOR & PRESIDENT$0 Similar name, revenue within 2x
JCJT FOUNDATIONCAT99 $5,964,802$240,130 PRESIDENT, DIRECTOR$0 Similar name, revenue within 2x
AON FOUNDATIONILNot reported $2,200,139$2,200,052 PRESIDENT & TREASURER$0 Similar name, revenue within 5x
ARCADIA FOUNDATIONCAT22 $2,005,987$4,292,346 President$0 Similar name, revenue within 5x
BRYAN AREA FOUNDATIONOHT70 $2,354,110$1,728,823 PRESIDENT/CE$114,480 Similar name, revenue within 5x
ABNEY FOUNDATIONSCNot reported $3,932,848$2,824,055 VICE CHAIR$235,403 Similar name, revenue within 5x
LSF FOUNDATIONTXT20 $2,847,304$1,009,366 President$0 Similar name, revenue within 5x
BGH FOUNDATIONVAU40 $2,237,108$2,124,412 President$46,250 Similar name, revenue within 5x
JGL FOUNDATIONCOT20 $1,936,787$274,139 PRESIDENT$0 Similar name, revenue within 5x
ANTIOCH FOUNDATIONWINot reported $2,300,830$1,231,963 Trustee$65,000 Similar name, revenue within 5x
LI LU FOUNDATIONWAT20 $18,025,765$4,317,971 GRANTOR$0 Similar name, revenue within 5x
1687 FOUNDATIONTXT20 $28,230,046$10,156,028 DIRECTOR, CEO$29,000 Similar name, revenue within 5x
WILO FOUNDATIONCAT50 $2,031,321$147,752 President$0 Similar name, revenue within 5x
FARIS FOUNDATIONTXG30 $1,800,882$1,411,437 PRESIDENT$0 Similar name, revenue within 5x
ARVEST FOUNDATIONART20 $1,217,210$4,616,319 PRESIDENT, DIRECTOR$0 Similar name, revenue within 10x
TT FOUNDATIONWAT20 $1,086,144$75,867 PRESIDENT, T$12,000 Similar name, revenue within 10x
ANGEL FOUNDATIONTXT20 $1,162,451$2,093,671 DIRECTOR AND TRUSTEE$191,323 Similar name, revenue within 10x
CKS FOUNDATIONTXB11 $1,775,233$34,865 Board Member$0 Similar name, revenue within 10x
661 FOUNDATIONUTN12 $1,520,000$1,581,592 President/Dir$0 Similar name, revenue within 10x
WRG FOUNDATIONORNot reported $1,410,458$922,210 TRUSTEE$0 Similar name, revenue within 10x
HDS FOUNDATIONTXT99 $1,110,440$1,000,759 President, Treasurer$0 Similar name, revenue within 10x
ARBAH FOUNDATION INCGAT22 $976,934$314,083 PRESIDENT$0 Similar name, revenue within 10x
VINE FOUNDATIONWYX99 $1,662,636$1,904,961 PARISH TRANSFORMATIO$120,682 Similar name, revenue within 10x
JOEL FOUNDATIONNYT20 $1,470,566$2,007,679 Director$0 Similar name, revenue within 10x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
SWALM FOUNDATION Private foundation$18,139,7551 12022–2022 LSF FOUNDATION
WPL FOUNDATION Private foundation$7,764,9504 12018–2021 SAGA FOUNDATION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$2,849,58119 72018–2024 BGV FOUNDATION; VINE FOUNDATION; FARIS FOUNDATION; AAPC FOUNDATION and 3 more
LAKE FAMILY FOUNDATION Private foundation$2,279,5171 12018–2018 AMICUS FOUNDATION
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$1,759,47419 62020–2025 BGV FOUNDATION; FARIS FOUNDATION; OCCA FOUNDATION; ACCP FOUNDATION and 2 more
SILICON VALLEY COMMUNITY FOUNDATION DAF sponsor$1,495,2508 32020–2024 BGV FOUNDATION; ROOTE FOUNDATION; BGH FOUNDATION
THE BLACKBAUD GIVING FUND DAF sponsor$1,003,4001 12022–2022 BGV FOUNDATION
DONOR ADVISED CHARITABLE GIVING DAF sponsor$759,25018 62016–2024 FARIS FOUNDATION; HOW FOUNDATION; BRYAN AREA FOUNDATION; VINE FOUNDATION and 2 more
BARD - STEEL FAMILY FOUNDATION Private foundation$623,0003 12023–2025 BRYAN AREA FOUNDATION
TIDES FOUNDATION DAF sponsor$620,0002 12022–2023 BGV FOUNDATION
CBIS FOUNDATION INC Private foundation$550,0002 12022–2024 OCCA FOUNDATION
RICHARD AND MARY BARD FOUNDATION Private foundation$510,0002 12023–2025 BRYAN AREA FOUNDATION
CHARITIES AID FOUNDATION AMERICA DAF sponsor$446,3323 22020–2022 BGV FOUNDATION; BGH FOUNDATION
FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC DAF sponsor$390,0002 12020–2024 BGV FOUNDATION
GOLDMAN SACHS CHARITABLE GIFT FUND DAF sponsor$302,0003 12020–2021 BGV FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2023 · Form 990PF · $3,622,767 spent · pay $399,882 · grants $2,727,914 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $2,727,914 75.3%
Pay: officers, directors, trustees $399,882 11.0%
Fees: other professional $302,174 8.3%
Taxes $165,219 4.6%
Fees: accounting $22,156 0.6%
Other expenses $5,422 0.1%
Total$3,622,767100%

View the filing

2022 · Form 990PF · $10,170,564 spent · pay $393,667 · grants $9,450,007 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $9,450,007 92.9%
Pay: officers, directors, trustees $393,667 3.9%
Fees: other professional $255,684 2.5%
Taxes $44,219 0.4%
Fees: accounting $17,697 0.2%
Other expenses $9,290 0.1%
Total$10,170,564100%

View the filing

2021 · Form 990PF · $12,479,949 spent · pay $376,609 · grants $2,249,131 · events $0
LineAs describedTotalShare
Other expenses $9,519,840 76.3%
Contributions, gifts, grants paid $2,249,131 18.0%
Pay: officers, directors, trustees $376,609 3.0%
Fees: other professional $222,984 1.8%
Taxes $94,101 0.8%
Fees: accounting $17,284 0.1%
Total$12,479,949100%

View the filing

2020 · Form 990PF · $9,627,594 spent · pay $355,102 · grants $8,670,168 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $8,670,168 90.1%
Pay: officers, directors, trustees $355,102 3.7%
Fees: other professional $314,728 3.3%
Taxes $239,894 2.5%
Fees: accounting $36,692 0.4%
Fees: legal $5,640 0.1%
Other expenses $5,370 0.1%
Total$9,627,594100%

View the filing

2019 · Form 990PF · $9,153,645 spent · pay $330,942 · grants $6,488,799 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $6,488,799 70.9%
Other expenses $1,948,857 21.3%
Pay: officers, directors, trustees $330,942 3.6%
Fees: other professional $287,266 3.1%
Taxes $59,390 0.6%
Fees: accounting $38,391 0.4%
Total$9,153,645100%

View the filing

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