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Arete at Elagaia The Arete Fund Home MA Arete Award Global Education and Outreach 2023 2024 Highlights Contact Donate More Mission It is said that Virtue or Arete has her dwelling place Above high rock cliffs hard to climb And she is not to be seen by every eye But only by one who with sweat and determination climbs to the peak. Simonidies no 579 The Arete Fund is a nonprofit charitable organization that supports education locally and acts globally to encourage greater cultural understanding by means of humanitarian educational and artistic projects. Arete makes annual contributions to colleges on behalf of needy and deserving individuals who exemplify Arete an ancient word for Virtue and excellence and in turn seeks to rekindle its ancient meaning for the modern day as a means of fostering mutual respect and good will. Fund Scholarships Founded in 1997 The Arete Fund makes annual contributions towards the first year of college on behalf of needy and deserving high school seniors who exemplify Arete an ancient word for virtue and excellence and in turn seeks to rekindle its ancient meaning for the modern day as a means of fostering mutual respect and good will.