The Argo Family Fund
The Argo Family Fund is a private foundation based in Atlanta, Georgia, established in 1994. It holds tax-exempt status as a 501(c)(3) organization and operates as a grantmaking foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.1M
-3.2% YoY
Annual Giving
$2.5M
-67.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$845K
-78.0% YoY
Under IRS private-foundation payout rules, The Argo Family Fund reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports Jewish Federation of Greater Atlanta. Its primary funding areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Grant Range
$18,000–$4,425,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, Georgia, and the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $22,143,256
- Total revenues: $2,455,654
- Total expenses: $2,788,475
- Total giving: $2,534,297
Revenue Breakdown (2024):
- Grants and contributions: $709,355
- Investment income and dividends: $641,866
- Net gain from sale of non-inventory assets: $1,103,771
- Miscellaneous revenues: $662
As of December 2023:
- Total assets: $22,900,000
- Total revenues: $16,759,071
- Total expenses: $7,820,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,143,256 | $22,866,213 | $13,868,264 |
| Revenue | $2,455,654 | $16,759,071 | $1,506,067 |
| Expenses | $2,788,475 | $7,823,819 | $647,246 |
| Qualifying Distributions | $2,545,497 | $7,678,000 | $552,567 |
| Net Investment Income | $1,522,709 | $887,996 | $1,378,217 |
| Distributable Amount | $1,266,037 | $947,385 | $718,249 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation of Greater Atlanta ($2,491,297), The George Washington University ($25,000), Fidelity Charitable Fund ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE FUND CINCINNATI, OH | UNRESTRICTED | $18,000 |
| JEWISH FEDERATION OF GREATER ATLANTA ATLANTA, GA | UNRESTRICTED | $2,491,297 |
| THE GEORGE WASHINGTON UNIVERSITY WASHINGTON, DC | UNRESTRICTED | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Robert Arogeti serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT AROGETI | TRUSTEE | 1 | — |
| JOEL AROGETI | TRUSTEE | 1 | — |
Frequently Asked Questions
What does The Argo Family Fund fund?
The foundation supports Jewish Federation of Greater Atlanta. Its primary funding areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from The Argo Family Fund?
**Grant Activity:** • The foundation made 20 grants in 2024, with a total giving amount of $2,534,297 • In 2023, the foundation made 2 grants totaling $7,675,000 • Grant range: $18,000–$4,425,000 **Recent Grants:** • Jewish Federation of Greater Atlanta received $2,491,297 (unrestricted grant, 2024) **Application Process:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Where does The Argo Family Fund make grants?
The foundation primarily funds organizations in Ohio, Georgia, and the District of Columbia.
What size grants does The Argo Family Fund award?
In 2024, The Argo Family Fund awarded 3 grants totaling $2.5M — an average of about $845K per grant, based on its IRS Form 990 filings.
How much is The Argo Family Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Argo Family Fund reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Argo Family Fund's EIN?
The Argo Family Fund's EIN (Employer Identification Number) is 58-2069120. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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