Argosy Foundation
- Assets
- $36.9m
- Revenue
- $41.3m
- Investments
- $34.2m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 04-6752868
Organization Overview
Argosy Foundation is located in Milwaukee, WI. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Argosy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Argosy Foundation generated $41.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $13.4m during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Argosy Foundation has awarded 567 individual grants totaling $25,290,606. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Van Dunk Executive Director | 40 | $175,000 | |
Nicholas R Davis Research Director | 40 | $126,600 | |
Cheryl Sykora Ops Mgr/prog Offcr | 40 | $125,000 | |
Isabella Gargiulo Prog Offcr/grants | 40 | $90,000 | |
Shirley Hamilton Program Officer | 40 | $90,000 | |
Kenneth C Zolot Administrative Trustee | 4 | $55,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foley & Lardner Llp | 12/30/21 | $90,805 |
Cibc Investments | 12/30/21 | $77,268 |
Kenneth Charles Zolot | 12/30/21 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,674,666 |
| Interest on Savings | $0 |
| Dividends & Interest | $776,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,808,755 |
| Capital Gain Net Income | $15,808,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,072 |
| Total Revenue | $41,277,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,801 |
| Other employee salaries and wages | $790,004 |
| Pension plans, employee benefits | $190,566 |
| Interest | $0 |
| Taxes | $243,518 |
| Depreciation | $0 |
| Occupancy | $104,745 |
| Travel, conferences, and meetings | $51,001 |
| Printing and publications | $0 |
| Other expenses | $96,583 |
| Total operating and administrative expenses | $1,982,946 |
| Contributions, gifts, grants paid | $11,428,629 |
| Total expenses and disbursements | $13,411,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,685,646 |
| Savings and temporary cash investments | $1,021,152 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,434,933 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $36,932,110 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Argosy Foundation has awarded $11,428,629 in support to 211 organizations.
| Grant Recipient | Amount |
|---|---|
Manchester, NH PURPOSE: STEM PROJECT | $1,700,000 |
BOYS & GIRLS CLUBS OF AMERICA PURPOSE: HUMAN SERVICE PROJECT | $1,000,000 |
Coral Gables, FL PURPOSE: RESEARCH PROJECT | $1,000,000 |
Boston, MA PURPOSE: RESEARCH PROJECT | $250,000 |
Milwaukee, WI PURPOSE: ART & CULTURE | $250,000 |
Wilmington, MA PURPOSE: ENVIRONMENTAL PROJECT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |