Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
THE ARGOSY FOUNDATION
CO LAWRENCE I SILVERSTEIN ESQ

Number and street (or P.O. box number if mail is not delivered to street address)BINGHAM MCCUTCHEN LLP   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ONE FEDERAL ST BOSTON, MA02110
A Employer identification number

04-6752868
B Telephone number (see instructions)

(617) 720-5800
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$14,589,134J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 625 625  
4 Dividends and interest from securities...... 70,626 70,626  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 742,711
b Gross sales price for all assets on line 6a 4,076,715
7 Capital gain net income (from Part IV, line 2)... 742,711
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 813,962 813,962  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,548     14,548
14 Other employee salaries and wages...... 257,785     257,785
15 Pension plans, employee benefits....... 84,156     84,156
16a Legal fees (attach schedule)......... Click to see attachment 225     225
b Accounting fees (attach schedule)....... Click to see attachment 51,394 10,133   41,261
c Other professional fees (attach schedule).... Click to see attachment 15,753     15,753
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 10,783      
19 Depreciation (attach schedule) and depletion... Click to see attachment 14,089    
20 Occupancy.............. 22,297     22,297
21 Travel, conferences, and meetings....... 38,687     38,687
22 Printing and publications.......... 243     243
23 Other expenses (attach schedule)....... Click to see list of attachments 55,996     55,996
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 565,956 10,133   530,951
25 Contributions, gifts, grants paid........ 4,716,406 4,716,406
26 Total expenses and disbursements. Add lines 24 and 25 5,282,362 10,133   5,247,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,468,400
b Net investment income (if negative, enter -0-) 803,829
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 409,735 91,271 91,271
2 Savings and temporary cash investments.......... 2,609,417 1,646,551 1,646,551
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........   14,217 14,217
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 8,430,706 Click to see attachment12,646,459 12,646,459
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,448,587    
14 Land, buildings, and equipment: basis bullet509,357
Less: accumulated depreciation (attach schedule) bullet443,721 69,470 Click to see attachment65,636 65,636
15 Other assets (describe bullet)   Click to see attachment125,000 Click to see attachment125,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,967,915 14,589,134 14,589,134
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 12,967,915 14,589,134
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 12,967,915 14,589,134
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 12,967,915 14,589,134
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 12,967,915
2 Enter amount from Part I, line 27a..................... 2 -4,468,400
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6,089,619
4 Add lines 1, 2, and 3.......................... 4 14,589,134
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 14,589,134
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly Held Securities P 2011-01-01 2013-01-01
b Publicly Held Securities P 2012-01-01 2013-01-01
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,973,051   3,190,417 782,634
b 63,859   131,338 -67,479
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       782,634
b       -67,479
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 742,711
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 -62,174
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 4,919,587 15,977,735 0.30790
2011 4,145,262 21,859,893 0.18963
2010 2,994,644 24,221,784 0.12363
2009 1,391,459 32,412,973 0.04293
2008 9,057,433 40,367,046 0.22438
2 Total of line 1, column (d) ...................... 2 0.88847
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.17769
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 14,419,914
5 Multiply line 4 by line 3....................... 5 2,562,332
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,038
7 Add lines 5 and 6......................... 7 2,570,370
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,372,357
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 8,038
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 8,038
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,038
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 22,267
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 32,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 54,267
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 14
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 46,215
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet46,215 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ARGOSYFND.ORG
    14
    The books are in care ofbulletANASTASIOS PARAFESTAS Telephone no.bullet (617) 720-5800
    Located atbulletTHE BOLLARD GROUP LLC ONE JOY STBOSTONMA ZIP+4bullet02108
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOHN E ABELE Trustee
    1.00     		0    
    C/O LAWRENCE I SILVERSTEIN
    BOSTON,MA02110
    MARY S ABELE Trustee
    1.00     		0    
    C/O LAWRENCE I SILVERSTEIN
    BOSTON,MA02110
    CHRISTOPHER S ABELE Trustee
    1.00     		0    
    555 E WELLS STREET STE 1650
    MILWAUKEE,WI53202
    ALEXANDER T ABELE Trustee
    0.00     		0    
    C/O LAWRENCE I SILVERSTEIN
    BOSTON,MA02110
    JENNIFER L ABELE CEO/TRUSTEE
    40.00     		0 14,548  
    555 E WELLS STREET STE 1650
    MILWAUKEE,WI53202
    LAWRENCE I SILVERSTEIN ESQ Legal Rep
    0.00     		0    
    BINGHAM MCCUTCHEN LLP
    ONE FEDERAL ST BOSTON,MA02110
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    EMILY VAN DUNK Operation Manager
    40.00     		121,000 14,795  
    555 E WELLS ST SUITE 1650
    MILWAUKEE,WI53202
    CHERYL SYKORA EXEC ASSISTANT
    40.00     		73,500 14,443  
    555 E WELLS ST SUITE 1650
    MILWAUKEE,WI53202
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 On July 30, 2013, the Organization provided a $125,000 loan to the Wisconsin Preservation Fund, Inc., a non-profit organization, for the purpose of capitalizing a loan fund that will provide financing for the development of projects and initiatives benefiting Milwaukee's economically distressed or transitioning neighborhoods. The loan requires quarterly interest payments with an interest rate of 2% per annum. Interest income on the loan for the year ended December 31, 2013 was $625. The principal of the loan is required to be repaid July 30, 2016. 125,000
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet125,000
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    720,996
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    8,038
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,038
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    712,958
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    712,958
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    712,958
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 712,958
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 7,039,083
    b From 2009.......  
    c From 2010....... 1,602,948
    d From 2011....... 3,112,241
    e From 2012....... 4,226,098
    fTotal of lines 3a through e......... 15,980,370
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 5,372,357
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 712,958
    e Remaining amount distributed out of corpus 4,659,399
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 20,639,769
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		7,039,083
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		13,600,686
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010.... 1,602,948
    c Excess from 2011.... 3,112,241
    d Excess from 2012.... 4,226,098
    e Excess from 2013.... 4,659,399
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN E ABELE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
     
    bThe form in which applications should be submitted and information and materials they should include:
    THE ARGOSY FOUNDATION DOES NOT ACCEPT ANY UNSOLICITED APPLICATIONS
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACUMEN FUND
    76 NINTH AVENUE SUITE 315
    NEW YORK,NY10011     		None 501(c)(3) to support the general fund 20,000
    ALASKA CONSERVATION FOUNDATION
    441 WEST 5TH AVENUE SUITE 402
    ANCHORAGE,AK99501     		None 501(c)(3) TO SUPPORT AN energy project 50,000
    AMERICAN INDIAN COLLEGE FUND
    8333 GREENWOOD BLVD
    DENVER,CO80221     		None 501(c)(3) TO SUPPORT SCHOLARSHIPS 25,000
    Amherst College
    220 S Pleasant St
    Amherst,MA01002     		None 501(c)(3) To support the Annual Fund 25,000
    BEREA COLLEGE
    CPO 2182
    BEREA,KY40404     		None 501(c)(3) To support interfaith programs 5,000
    BEYOND BENIGN-A WARNER BABCOCK FDN
    100 RESEARCH DRIVE
    WILMINGTON,MA01887     		None 501(c)(3) To support education programs 60,000
    Boston University College of Engine
    44 Cummington Mall
    BOSTON,MA02215     		None 501(c)(3) To support the Annual Fund 10,000
    BOYS GIRLS CLUBS OF GREATER MILWAUK
    1558 NORTH 6TH STREET
    MILWAUKEE,WI53212     		None 501(c)(3) To support a capital campaign 500,000
    BURLINGTON CHORAL SOCIETY
    PO BOX 303
    WILLISTON,VT05495     		None 501(c)(3) To support a musical program 3,000
    CENTER FOR WHOLE COMMUNITIES
    700 BRAGG HILL ROAD
    FAYSTON,VT05673     		None 501(c)(3) To support sustainability and economic development 5,000
    CHAMPLAIN VALLEY OFFICE OF ECONOMIC
    PO BOX 1603
    BURLINGTON,VT05402     		None 501(c)(3) To support heating and food assistance and weatherization projects 150,000
    CONSERVATION COLORADO
    1536 WYNKOOP SUITE 4-C
    DENVER,CO80202     		None 501(c)(3) TO SUPPORT STAFFING 40,000
    Greater Burlington YMCA
    266 College St
    Burlington,VT05401     		None 501(c)(3) to support a capital campaign 200,000
    Harvard Graduate School of Educatio
    13 Appian Way Cambridge
    Cambridge,MA02138     		None 501(c)(3) To support a research project 135,739
    INTERCAMBIO DE COMUNIDADES
    4735 WALNUT ST SUITE B
    BOULDER,CO80301     		None 501(c)(3) To support a program for immigrants 10,000
    KING STREET CENTER INC
    PO BOX 1615
    BURLINGTON,VT05402     		None 501(c)(3) TO SUPPORT A CAPITAL CAMPAIGN AND YOUTH PROGRAMS 75,000
    Law Students for Reproductive Justi
    1730 Franklin Street - Suite 212
    OAKLAND,CA94612     		None 501(c)(3) To provide general operating support 25,000
    Legal Voice
    907 Pine St 500
    Seattle,WA98101     		None 501(c)(3) To support legal work 30,000
    LAMBI FUND OF HAITI
    PO BOX 18955
    WASHINGTON,DC20036     		None 501(c)(3) To provide general operating support 40,000
    LIVING LANDS AND WATERS RESTORATION
    17624 ROUTE 84 N GREAT RIVER ROAD
    EAST MOLINE,IL61244     		None 501(c)(3) To support environment and education programs 15,000
    Michigan Environmental Council
    602 W Ionia St
    Lansing,MI48933     		None 501(c)(3) To support environmental projects 50,000
    MILWAUKEE ART MUSEUM INC
    700 NORTH ART MUSEUM DRIVE
    MILWAUKEE,WI53202     		None 501(c)(3) To support outreach efforts 50,000
    MILWAUKEE FILM INC
    229 E WISCONSIN AVE SUITE 300
    MILWAUKEE,WI53202     		None 501(c)(3) to support general operational expenses 50,000
    MILWAUKEE SYMPHONY ORCHESTRA INC
    1101 N MARKET STREET SUITE 100
    MILWAUKEE,WI53202     		None 501(c)(3) To support a challenge grant 250,000
    MONTSHIRE MUSEUM OF SCIENCE
    ONE MONTSHIRE ROAD
    NORWICH,VT05055     		None 501(c)(3) To support youth programs 26,000
    Nursing Students for Choice
    2300 Myrtle Ave
    St Paul,MN55114     		None 501(c)(3) to support general operational expenses 70,000
    Oxfam America
    226 Causeway St 5th Floor
    boston,MA02114     		None 501(c)(3) to support general operational expenses 15,000
    PLANNED PARENTHOOD OF WISCONSIN
    302 NORTH JACKSON STREET
    MILWAUKEE,WI53202     		None 501(c)(3) To support an event 10,000
    River Revitalization Foundation
    1845 N Farwell Ave
    MILWAUKEE,WI53202     		None 501(c)(3) To support environmental restoration efforts 50,000
    ROCKY MOUNTAIN INSTITUTE
    1739 SNOWMASS CREEK ROAD
    SNOWMASS,CO81654     		None 501(c)(3) To support an energy project 300,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05482     		None 501(c)(3) To supports convenings 25,000
    SHELBURNE MUSEUM
    PO BOX 10
    SHELBURNE,VT05482     		None 501(c)(3) to support general operational expenses 10,000
    SOUTHERN ALLIANCE FOR CLEAN ENERGY
    PO BOX 1842
    KNOXVILLE,TN37901     		None 501(c)(3) To support a program 50,000
    THE COMMON GOOD INSTITUTE INC
    ONE METROTECH CENTER SUITE 1703
    BROOKLYN,NY11201     		None 501(c)(3) To support a research project 25,000
    THE ENERGY FOUNDATION
    301 BATTERY STREET 5TH FLOOR
    SAN FRANCISCO,CA94111     		None 501(c)(3) To support environmental projects 70,000
    THE MUSEUM OF SCIENCE
    SCIENCE PARK
    BOSTON,MA02114     		None 501(c)(3) To support the Annual Fund 25,000
    UNITED PERFORMING ARTS FUND INC
    929 N WATER STREET
    MILWAUKEE,WI53202     		None 501(c)(3) To support an annual campaign 25,000
    UNITED WAY OF CHITTENDEN COUNTY
    412 FARRELL STREET SUITE 200
    SOUTH BURLINGTON,VT05403     		None 501(c)(3) To support an event 10,000
    VERMONT FOODBANK INC
    PO BOX 254
    SOUTH BARRE,VT05670     		None 501(c)(3) To provide general operating support 80,000
    BOYS GIRLS CLUBS OF GREATER MILWAUK
    1558 NORTH 6TH STREET
    MILWAUKEE,WI53212     		None 501(c)(3) TO SUPPORT A YOUTH PROGRAM 10,000
    CENTER FOR BIOLOGICAL DIVERSITY
    PO BOX 710
    TUCSON,AZ85702     		None 501(c)(3) To support environmental efforts 20,000
    Conservation Law Foundation
    62 SUMMER STREET
    boston,MA02110     		None 501(c)(3) To provide general operating support 100,000
    FOREST ETHICS
    1 HAIGHT ST
    SAN FRANCISCO,CA94102     		None 501(c)(3) To support environmental efforts 65,000
    Habitat for Humanity International
    270 PEACHTREE STREET NW 1300
    ATLANTA,GA30303     		None 501(c)(3) To support programs 250,000
    Habitat for Humanity International
    240 COMMERCIAL ST 4TH FL
    BOSTON,MA02109     		None 501(c)(3) To support an interfaith program 100,000
    Lake Champlain Land Trust
    ONE MAIN ST STE 205
    BURLINGTON,VT05401     		None 501(c)(3) TO SUPPORT A WATER QUALITY PROGRAM 50,000
    New York Road Runners Club
    156 WEST 56ST
    NEW YORK,NY10019     		None 501(c)(3) To support lesson plans 20,000
    Public Policy Forum
    633 W WISCONSIN AVE SUITE 406
    MILWAUKEE,WI53203     		None 501(c)(3) To support an event 50,000
    Schools That Can Milwaukee
    1821 N DR MARTIN LUTHER KING DR A
    MILWAUKEE,WI53212     		None 501(c)(3) To provide general operating support 50,000
    BOYS GIRLS CLUBS OF AMERICA
    1275 PEACHTREE STREET
    ATLANTA,GA30309     		None 501(c)(3) To support an initiative 666,667
    ATTENTION INC
    1443 SPRUCE ST
    BOULDER,CO80302     		None 501(c)(3) To support a youth program 10,000
    BIOMIMICRY 38 INSTITUTE
    PO BOX 9216
    MISSOULA,MT59807     		None 501(c)(3) To support an education project 50,000
    BUILD CHANGE
    1416 LARIMER STREET 301
    DENVER,CO80202     		None 501(c)(3) To support disaster relief efforts 40,000
    CHILDREN'S HOSPITAL CORPORATION
    401 PARK DRIVE SUITE 602
    BOSTON,MA02215     		None 501(c)(3) To support a health project 50,000
    COMMITTEE ON TEMPORARY SHELTER
    PO BOX 1616
    BURLINGTON,VT05402     		None 501(c)(3) To provide general and program support 50,000
    EL PASO SUMMER MUSIC FESTIVAL
    701 WALTHAM COURT
    EL PASO,TX79922     		None 501(c)(3) To support a music project 15,000
    GUTTMACHER INSTITUTE
    125 MAIDEN LANE 7TH FLOOR
    NEW YORK,NY10038     		None 501(c)(3) To support a research project 25,000
    HANDS TO HONDURAS
    190 RED RAIL LANE
    CHARLOTTE,VT05445     		None 501(c)(3) To build a NICU in Tela, Honduras 10,000
    JUSTICE INITIATIVES INSTITUTE
    205 W HIGHLAND AVENUE 201
    MILWAUKEE,WI53203     		None 501(c)(3) To support a criminal justice project 75,000
    LAURA MANN CENTER FOR INTEGRATIVE H
    185 TILEY DRIVE SOUTH
    SOUTH BURLINGTON,VT05403     		None 501(c)(3) To support a health project 20,000
    LISC MILWAUKEE
    660 E MASON STREET 5TH FLOOR
    MILWAUKEE,WI53202     		None 501(c)(3) To support economic development efforts 25,000
    PUBLIC CONVERSATIONS PROJECT
    46 KONDAZIAN STREET
    WATERTOWN,MA02472     		None 501(c)(3) To support a program 10,000
    RENEWABLE AND SUSTAINABLE ENERGY IN
    027 UCB FLEMING SUITE 208
    BOULDER,CO80309     		None 501(c)(3) To support research 50,000
    ROCKETSHIP EDUCATION
    835 NATIONAL AVENUE
    MILWAUKEE,WI53204     		None 501(c)(3) To support a program 25,000
    THOMAS JEFFERSON UNIVERSITY
    925 CHESTNUT STREET SUITE 110
    PHILADELPHIA,PA19107     		None 501(c)(3) To support a professorship endowment 50,000
    UNITED COMMUNITY CENTER
    1028 SOUTH 9TH STREET
    MILWAUKEE,WI53204     		None 501(c)(3) To support an education project 100,000
    UNITED WAY OF CENTRAL OKLAHOMA
    1444 NW 28TH STREET
    OKLAHOMA CITY,OK73106     		None 501(c)(3) To support disaster relief efforts 30,000
    US FOUNDATION FOR THE INSPIRATION R
    200 BEDFORD STREET
    MANCHESTER,NH03101     		None 501(c)(3) To support the Annual Fund 25,000
    UWM FOUNDATION
    WUWM- 111 E WISCONSIN AVE SUITE 700
    MILWAUKEE,WI53202     		None 501(c)(3) To support media outreach for non-profits 20,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER STREET
    BOSTON,MA02110     		None 501(c)(3) To support membership growth 5,000
    PUBLIC POLICY FORUM
    633 W Wisconsin Avenue Ste 406
    MILWAUKEE,WI53203     		None 501(c)(3) To support research 25,000
    Public Policy Forum
    633 W Wisconsin Avenue Ste 406
    MILWAUKEE,WI53203     		None 501(c)(3) To support a research project 10,000
    Total .................................bullet 3a 4,716,406
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 625  
    4 Dividends and interest from securities....     14 70,626  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    1 742,711  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   813,962  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13813,962
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 51,394 10,133 0 41,261

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    computer: jaimacbo 2010-04-26 2,280 2,027 91 3.0000 253      
    computer: drntzni 2010-11-17 1,462 1,015 91 3.0000 447      
    servers 2012-05-01 2,206 294 91 5.0000 441      
    computer 2012-08-01 1,343 186 91 3.0000 448      
    computer 2012-08-01 1,342 186 91 3.0000 447      
    computer 2012-08-01 1,342 186 91 3.0000 447      
    lenovo laptop 2013-06-06 1,199   91 3.0000 233      
    computer equip 2008-04-23 1,540 1,437 91 5.0000 103      
    leasehold improvement 2005-04-21 16,013 8,188 91 15.0000 267      
    logo design 2004-10-27 15,000 8,166 91 7.0000 2,143      
    logo design 2005-10-30 10,000 4,781 91 15.0000 667      
    intern desks 2013-07-25 3,110   91 7.0000 185      
    intern storage cabinets 2013-10-10 1,059   91 7.0000 38      
    conference room table 2013-10-10 7,266   91 7.0000 260      
    conference room credenz 2013-10-10 6,665   91 7.0000 238      
    2006 furniture and fixtur 2006-01-01 33,645 31,244 91 7.0000 2,401      
    web design 2005-03-16 15,000 7,750 91 15.0000 1,000      
    web design 2005-06-01 5,849 2,958 91 15.0000 390      
    web design 2005-12-30 3,525 1,645 91 15.0000 235      
    web design 2006-01-01 4,500 1,950 91 15.0000 300      
    web design 2006-04-30 858 371 91 15.0000 57      
    web design 2006-05-31 35,362 15,329 91 15.0000 2,357      
    web design 2006-07-31 1,875 813 91 15.0000 125      
    web design 2006-08-21 8,570 3,716 91 15.0000 571      
    web design 2013-10-30 3,206   91 15.0000 36      

    TY 2013 GeneralExplanationAttachment
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF FORM 990-PF, PART VII-B, LINE 5cEXPENDITURE RESPONSIBILITYNAME & ADDRESS OF GRANTEE: BEYOND BENIGN-A WARNER BABCOCK FOUNDATION 100 RESEARCH DRIVE WILMINGTON, MA 01887 DATE OF GRANT: JULY 25, 2013AMOUNT OF GRANT: $60,000PURPOSE OF GRANT: TO SUPPORT GREEN CHEMISTRY EDUCATIONAMOUNT EXPENDED BY THE GRANTEE: $60,000FUNDS DIVERTED FROM PURPOSE OF GRANT: NONEDATES OF REPORT RECEIVED FROM GRANTEE: 1/31/2014VERIFICATION OF GRANTEE'S REPORTS: NOT APPLICABLE - GRANTOR HAS NO REASON TO DOUBT THE ACCURACY AND RELIABILITY OF THE REPORTS RECEIVED FROM THE GRANTEE

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BOSTON SCIENTIFIC CORP 12,646,459 12,646,459

    TY 2013 LandEtcSchedule2
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 177,786 160,407 17,379 17,379
    Machinery and Equipment 242,825 238,263 4,562 4,562
    Miscellaneous 88,746 45,051 43,695 43,695


    TY 2013 LegalFeesSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 225 0 0 225


    TY 2013 MortgagesAndNotesPayableSch
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name HARMONY PARTNER GROUP LLC
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 25999005
    Balance Due  
    Date of Note 2009-12
    Maturity Date 2010-12
    Repayment Terms DUE IN FULL UPON MATURITY
    Interest Rate  
    Security Provided by Borrower NONE
    Purpose of Loan  
    Description of Lender Consideration CASH
    Consideration FMV  

    Item No. 2
    Lender's Name HARMONY PARTNER GROUP LLC
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 25984585
    Balance Due  
    Date of Note 2010-12
    Maturity Date 2012-12
    Repayment Terms DUE IN FULL UPON MATURITY
    Interest Rate  
    Security Provided by Borrower NONE
    Purpose of Loan  
    Description of Lender Consideration CASH
    Consideration FMV  


    TY 2013 OtherAssetsSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI - WI preservation fund   125,000 125,000


    TY 2013 OtherExpensesSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 73     73
    BOOKS AND SUBSCRIPTIONS 750     750
    COMPUTER SOFTWARE MAINTENANCE 1,502     1,502
    COMPUTER TECHNICAL SUPPORT 10,669     10,669
    CONTRACTOR SERVICES 5,723     5,723
    EQUIPMENT MAINTENANCE AND REPAIRS 4,831     4,831
    INTERNET AND CABLE 3,560     3,560
    MA FILING FEE 70     70
    MEMBERSHIP DUES 9,751     9,751
    PARKING 6,960     6,960
    PAYROLL PROCESSING FEES 1,254     1,254
    POSTAGE AND DELIVERY 801     801
    SUPPLIES 1,224     1,224
    TELEPHONE 8,828     8,828


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT MANAGEMENT 15,753 0 0 15,753


    TY 2013 TaxesSchedule
    Name:
    THE ARGOSY FOUNDATION
    CO LAWRENCE I SILVERSTEIN ESQ
    EIN: 04-6752868
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 10,783