Argo Foundation Inc 26-28195
Argo Foundation Inc is a corporate foundation based in Atlanta, Georgia. The organization was established in 1993 and operates as a 501(c)(3) tax-exempt entity. The foundation is located at 191 Peachtree Street NE, Suite 2000, Atlanta, GA 30303-1769.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-1.6% YoY
Annual Giving
$254K
-2.1% YoY
Grant Count
26
-10.3% YoY
Avg Grant Size
$10K
+9.2% YoY
Under IRS private-foundation payout rules, Argo Foundation Inc 26-28195 reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary program area focuses on recovery of contributions made in previous years. The foundation maintains a staffing structure of zero employees, operating as a grant-making entity.
Grantmaking
The foundation made 28 grants in 2022. Recent grantees have included:
Ready to take the next step with Argo Foundation Inc 26-28195?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total Assets: $1.1 million
- Total Liabilities: $0
- Total Revenue: $175,000
- Total Expenses: $273,000
As of Fiscal Year 2022:
- Total Assets: $1,138,601
- Total Revenue: $255,175
- Total Expenses: $303,368
- Total Grants, Contributions: $250,596
- Investment Income and Dividends: $2,997
The foundation's revenue sources include grants and contributions, as well as investment income. The organization maintains a positive asset position with no outstanding liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,080,515 | $1,098,422 | $1,138,601 |
| Revenue | $193,605 | $175,212 | $255,175 |
| Expenses | $262,798 | $273,405 | $303,368 |
| Qualifying Distributions | $257,398 | $262,660 | $293,068 |
| Net Investment Income | $186,108 | $202,262 | $197,323 |
| Distributable Amount | $157,729 | $145,141 | $154,833 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rich & Caye Oglesby Family Charitable Fund ($63,974), Shakespeare Charitable Fund ($27,996), Central Presbyterian Church ($22,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPE CENTER SEGUIN, TX | GENERAL | $5,000 |
| AMERICAN RED CROSS WASHINGTON, DC | GENERAL | $1,000 |
| ATLANTA COMMUNITY FOOD BANK EAST POINT, GA | GENERAL | $500 |
| ATLANTA MISSION ATLANTA, GA | GENERAL | $1,000 |
| ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP INC ATLANTA, GA | GENERAL | $10,000 |
| BOY SCOUTS OF AMERICA - ATLANTA AREA COUNCIL ATLANTA, GA | GENERAL | $14,000 |
| CENTRAL PRESBYTERIAN CHURCH ATLANTA, GA | GENERAL | $22,500 |
| CHEROKEE GARDEN LIBRARY ATLANTA, GA | GENERAL | $1,000 |
| CHILDRENS LITERATURE FOR CHILDREN ATLANTA, GA | GENERAL | $10,000 |
| COLUMBIA THEOLOGICAL SEMINARY DECATUR, GA | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD A OGLESBY JR | CHAIRMAN | 10 | — |
| JOHN F OGLESBY | TREASURER | 10 | — |
Frequently Asked Questions
What does Argo Foundation Inc 26-28195 fund?
The foundation's primary program area focuses on recovery of contributions made in previous years. The foundation maintains a staffing structure of zero employees, operating as a grant-making entity.
How do I apply for a grant from Argo Foundation Inc 26-28195?
The foundation made 28 grants in 2022. Recent grantees have included: • AG Rhodes Health & Rehab Cobb ($15,000) • The Atlanta Resource Foundation ($10,000) • Midtown Assistance Center ($10,000) • Rich and Caye Oglesby Family Charity Grant amounts documented range from $10,000 to $15,000 based on available records.
What size grants does Argo Foundation Inc 26-28195 award?
In 2024, Argo Foundation Inc 26-28195 awarded 26 grants totaling $254K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Argo Foundation Inc 26-28195 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Argo Foundation Inc 26-28195 reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Argo Foundation Inc 26-28195's EIN?
Argo Foundation Inc 26-28195's EIN (Employer Identification Number) is 58-2020943. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Argo Foundation Inc 26-28195's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Georgia Power Foundation Inc
ATLANTA, GA
Assets
$217.0M
Grants
517
Total Given
$18.6M
The Imlay Foundation Inc
ATLANTA, GA
Assets
$48.5M
Grants
152
Total Given
$12.1M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
Atl Fdn-w Peters Main
SAINT LOUIS, MO
Assets
$18.2M
Grants
171
Total Given
$957K
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
AEC Trust
WILMINGTON, DE
Assets
—
Grants
142
Total Given
$24.1M
Tr Uw Charles I Branan
SAINT LOUIS, MO
Assets
$26.9M
Grants
149
Total Given
$1.4M
Ryan Ida Alice Tuw Main
SAINT LOUIS, MO
Assets
$32.6M
Grants
74
Total Given
$1.7M
United Way of Greater Atlanta Inc
ATLANTA, GA
Assets
$109.0M
Grants
269
Total Given
$41.0M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
More Funders in Georgia
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.