Argosy Foundation Explained

The Argosy Foundation, founded in 1997,^[2] is currently based in Milwaukee, Wisconsin.^[3] It was formerly known as the Abele Family Charitable Trust.

History

The foundation was established in 1995 with a $9 million endowment from John Abele.^[3] In 2002, it was reported that the foundation would move to Milwaukee with a net worth of over $450 million and that it had a history of supporting "liberal social and environmental causes."^[3] It was also reported that the foundation trustees were the five members of the Abele family: Chris, Alex, Jennifer, John Abele, and his wife.^[3]

Grantees

These are among the grants awarded:

• 2012 award of 1.2 million dollars to Olin College of Engineering^[4]
• 2013 award of 70,000 to a San Francisco company, Energy Foundation, which has been linked to a conservative-based super PAC the Congressional Leadership Fund^[5]
• 2013 award of 100,000 dollars to Conservation Law Foundation
• 2013 award of 65,000 dollars to Forestethics
• 2013 award of 20,000 dollars to Center for Biological Diversity
• 2013 award of 300,000 dollars to the Rocky Mountain Institute
• 2012 award of 250,000 dollars to For Inspiration and Recognition of Science and Technology

See also

• Bradley Foundation
• Bader Philanthropies
• Zilber Family Foundation

External links

• • https://www.citizenaudit.org/943294950/

Notes and References

1. Web site: Ebeling. Ashlea. Boston Scientific Cofounder John Abele Has Big Ambitions In Retirement. Forbes. June 22, 2015. June 29, 2014. His daughter, Jeneye, who shares Abele's environmental passions, serves as Argosy's chief executive..
2. Web site: McGrath. Maggie. The Richest Person In The Green Mountain State. Forbes. June 22, 2015. June 28, 2015. In 1997 he founded the Argosy Foundation.
3. Web site: Millard. Pete. Foundation moving to Milwaukee Chris Abele to head family's philanthropy. bizjournals.xom. Milwaukee Business Journal. June 22, 2015. November 17, 2002. plans to relocate its headquarters to Milwaukee.
4. Web site: unknown. Argosy Foundation Awards $1.3 Million to Olin College for Faculty Exchange Program. philanthropynewsdigest.org. Foundation Center. June 22, 2015. June 2, 2012.
5. Web site: Michael Beckel. Energy Foundation, San Francisco-Based Environmental Organization, Donates To Conservative Nonprofit. Huffingtonpost.com. HPMG News. June 22, 2015. October 11, 2012. The groups are also linked to a super PAC called the Congressional Leadership Fund..