I’m very protective of my brand and have questions about the accountability of student scholarship organizations. Will Arete represent my brand well?
To date, large corporations with significant brand equity have been hesitant to participate in the Georgia tax credit scholarship program - or at least to have their brand associated with it. Questions about organizational accountability, financial transparency, and a focus on schools have caused many corporations to take a “wait and see” position. In just its second year of operation, Arete Scholars Fund is setting a new statewide standard for accountability, corporate trust and focus on low-income families. In addition, the organization is lobbying for greater standards of accountability at the legislative level.
Co-founded in 2010 by Atlanta Falcons Chief Financial Officer Greg Beadles, Arete’s Board of Directors and Advisors includes business executives and civic leaders from KPMG, Wells Fargo Bank, The Coca- Cola Company, Balfour Beatty Construction and other reputable organizations. Under the board’s leadership, Arete met or exceeded all of its first-year objectives for scholarship awards and financial performance and is positioned for healthy year-over-year growth.
Arete’s operational standards and its vision for educational excellence and opportunity for all Georgia students is resonating with the corporate community. The current team of financial partners includes The Home Depot, Walgreens, Dollar General, Newell Rubbermaid, Waste Management, Balfour Beatty Construction, The Walton Family Foundation and others.