The Argosy Foundation, founded in 1997,[2] is currently based in Milwaukee, Wisconsin.

[3] It was formerly known as the Abele Family Charitable Trust.

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.