2025-04-15T23:32:48-07:00 2024-06-30 261470335 The Ijaz Group LLC 12528 Yates Ford Rd Clifton VA 20124 990 2023-07-01 272494520 Arete Scholars Fund Inc ARET 4044557262 500 Buford Hwy NE Suwanee GA 30024 Arthur Dupre President 4044557262 2025-02-05 true true Ahsan Ijaz P00940560 7039729110 2025-04-16 2023 2025-03-06 01:10:19Z Arthur Dupre 3617 Braselton Highway 101 Dacula GA 30019 6203850 false X aretescholars.org X 2010 GA To assist low-income students in reaching their highest potential through educational opportunity. 4 3 5 0 0 0 6079114 5854503 64702 97847 284645 0 6176961 6203850 5075229 5331353 0 285795 442202 0 128375 139912 196438 5500936 5969993 676025 233857 10292233 10897213 8183 150367 10284050 10746846 TO HELP ECONOMICALLY DISADVANTAGED CHILDREN DISCOVER AND USE THEIR UNIQUE GIFTS AND TALENTS THROUGH EDUCATIONAL OPPORTUNITY. false false 5663525 0 5331353 Arete Scholars Fund, Inc. awarded 1,223 K4-12 education scholarships during the fiscal year ended 6/30/2024. 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 childs needs. The scholarships pay up to $4,000 for private school tuition and fees. 5663525 true true false false false false false false false false false true false false false true true false false false false false false false false false false false true true false false false false false false false false false false false false false true true true false false true 2 0 true 5 true false false false false false false false false false false false false X 4 3 false false false false false false false true false false false true true true true true true true false false GA X The Ijaz Group 7039729110 PO Box 319 Clifton VA 20124 Arthur Dupre President 40.00 X X 296979 0 32792 Derek Monjure Board Member 1.00 X X 0 0 0 Gregory Beadles Board Chairman 1.00 X X 0 0 0 James Smith Secretary 1.00 X X 0 0 0 296979 0 32792 1 false true false 5854503 5854503 64702 0 0 64702 284645 0 284645 6203850 64702 0 284645 5331353 5331353 113440 68064 5672 39704 254179 152247 52782 49150 10985 6583 1747 2655 44484 26659 7073 10752 19114 11455 3039 4620 45600 898 44340 362 17231 0 17231 0 24538 3433 15473 5632 30147 20932 6507 2708 3846 2200 759 887 674 404 107 163 51472 28646 11273 11553 11967 0 11967 0 Staff PD 779 467 123 189 Program Support 10184 10184 0 0 5969993 5663525 178093 128375 1569897 108894 1332861 3018932 53404 1918 1918 2640747 2087913 4693406 5679556 10292233 10897213 8183 150367 8183 150367 X 294112 263892 9989938 10482954 10284050 10746846 10292233 10897213 233857 228939 X false true true false X 0 0 4501987 4318706 5864923 6079114 5854503 26619233 0 0 0 4501987 4318706 5864923 6079114 5854503 26619233 6772 7050 10100 7803 31725 0 6772 7050 10100 7803 31725 26587508 98040 36439 29825 97847 513584 775735 98040 36439 29825 97847 513584 775735 27394968 0.97050 0.98510 0.02830 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 F 0 F Cash & Cash Equivalents 959597 C Corporate Debt Securities 2089178 F United States Treasury Notes 2630781 F 5679556 6432789 228939 228939 6203850 6203850 5969993 5969993 5969993 true Scholarships 1223 5331353 Pt I Line 2 PROCEDURES FOR MONITORING GRANTS IN THE US: ARETE SCHOLARS FUND, INC. OFFERS A LIMITED AMOUNT OF SCHOLARSHIPS TO STUDENTS BASED SOLELY ON FINANCIAL NEED. APPLICANTS ARE REQUIRED TO FURNISH INFORMATION PERTINENT TO THE DETERMINATION OF PARENTAL INCOME AND THE ABILITY TO MEET TUITION REQUIREMENTS. EACH APPLICATION IS CONSIDERED ON AN INDIVIDUAL BASIS AND APPLICATIONS ARE REVIEWED ANNUALLY. AWARDS ARE MADE TO EACH STUDENT AND THE CHECKS ARE MADE PAYABLE TO THE SCHOOL AND PARENT. false false false true true false false false false Arthur Dupre 215729 0 81250 0 0 0 6187 0 26605 0 329771 0 0 0 Pt I Line 5a THE BOARD PROVIDES A COMPREHENSIVE ANNUAL PERFORMANCE, GOAL, AND COMPENSATION REVIEW OF THE PRESIDENT. COMPENSATION IS DIRECTLY TIED TO GOAL ACHIEVEMENT AND IS BENCHMARKED AGAINST LIKE-ORGANIZATIONS OF SIMILAR SIZE. Pt I Line 5b THE BOARD PROVIDES A COMPREHENSIVE ANNUAL PERFORMANCE, GOAL, AND COMPENSATION REVIEW OF THE PRESIDENT. COMPENSATION IS DIRECTLY TIED TO GOAL ACHIEVEMENT AND IS BENCHMARKED AGAINST LIKE-ORGANIZATIONS OF SIMILAR SIZE. Pt VI, Line 8b THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. Pt VI, Line 11b FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED IN DETAIL BY THE ORGANIZATIONS TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. Pt VI, Line 12c THE BOARD AND OFFICERS SIGN CONFLICT OF INTEREST STATEMENTS. THESE STATEMENTS ARE REVIEWED BY THE PRESIDENT. THE BOARD CHAIRMAN REVIEWS THE PRESIDENTS SIGNED STATEMENT. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. Pt VI, Line 15a THE INDEPENDENT BOARD DISCUSSES AND REVIEWS COMPENSATION. ANNUAL COMPARISONS ARE MADE TO INDUSTRY STANDARDS BEFORE APPROVING SALARIES FOR THE PRESIDENT. THE DECISIONS AND DELIBERATIONS ARE CONTEMPORANEOUSLY DOCUMENTED. Pt VI, Line 15b THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPOYEES. THEREFORE, THIS LINE WAS ANASWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. Pt VI, Line 19 ARETE SCHOLARS FUND MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE. Arete Scholars Louisiana Inc 500 Buford Hwy NE Ste 1001 1020 Suwanee GA 30024 611709239 ASSIST LOW INCOME STUDENTS REACH THEIR HIGHEST POTENTIAL THORUGH EDUCATION LA 501(C)(3) 7 aRETE sCHOLARS FUND INC true false false false true false false false false false false false false false true true false true false false