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Andrew W. Mellon Foundation

Private foundation in New York City

Summary

Private foundation in New York City

FieldValue
nameMellon Foundation
full_nameThe Andrew W. Mellon Foundation
logoMellon Foundation logo 2022.svg
logo_size250px
founded_dateJune 30, 1969
founderPaul Mellon
Ailsa Mellon Bruce
location140 E. 62nd St., New York City, U.S.
key_peopleElizabeth Alexander (President)
focusHigher education
Museums and art conservation
Performing arts
Conservation
methodGrants
revenue$380,179,226
revenue_year2015
expenses$331,375,744
expenses_year2015
endowment$6.1 billion
homepagewww.mellon.org

Ailsa Mellon Bruce Museums and art conservation Performing arts Conservation | Non-profit_slogan = The Andrew W. Mellon Foundation, commonly known as the Mellon Foundation, is a New York City-based private foundation with wealth accumulated by Andrew Mellon of the Mellon family of Pittsburgh, Pennsylvania. It is the product of the 1969 merger of the Avalon Foundation and the Old Dominion Foundation. These foundations had been set up separately by Ailsa Mellon Bruce and Paul Mellon, the children of Andrew Mellon.

The foundation is housed in New York City in the expanded former offices of the Bollingen Foundation, another educational philanthropy once supported by Paul Mellon. Poet and scholar Elizabeth Alexander is the foundation's current president. Her predecessors have included Earl Lewis, Don Randel, William G. Bowen, John Edward Sawyer and Nathan Pusey.

In 2004, the foundation was awarded the National Medal of Arts.

Areas of interest

  • Higher education, including the humanities, libraries, and scholarly communication and information technology
  • Museums and art conservation
  • Performing arts
  • Conservation and the environment

Organization

Mellon's research group has investigated doctoral education, collegiate admissions, independent research libraries, charitable nonprofits, scholarly communications, and other issues to ensure that the foundation's grants would be well-informed and more effective. Some of the recent publications of this effect include Equity and Excellence in American Higher Education, Reclaiming the Game: College Sports and Educational Values, JSTOR: A History, The Game of Life: College Sports and Educational Values, and The Shape of the River.

Mellon's endowment fluctuates in the range of $5 to $6 billion, and its annual grant-making amounts to about $300 million.

According to Alexander, Mellon supports the “work, experiences, and visions of disabled artists." In July 2024, the Ford and Mellon Foundations named 20 "Disability Futures Fellows," including a Broadway composer, a Marvel video game voice actress, and a three-time Pushcart Prize-nominated poet.

Projects and initiatives

  • The Monuments Project
  • The Maniobra Initiative (The work of one's hands initiative)
  • Creatives Rebuild New York

References

References

  1. "The Andrew W. Mellon Foundation".
  2. "Andrew W Mellon Foundation/The - Company Profile and News".
  3. "Lifetime Honors - National Medal of Arts". Nea.gov.
  4. "Andrew W. Mellon Foundation".
  5. Candid. "Andrew W. Mellon Foundation".
  6. (2024-05-31). "Andrew W. Mellon Foundation {{!}} Grants for Arts & Humanities".
  7. "University funding by the Andrew W. Mellon Foundation".
  8. "Mellon Foundation".
  9. (2024-04-17). "ODU Receives $5 Million Mellon Foundation Award to Fund Humanities Internships".
  10. Hughes, Eddie. (2024-04-17). "Mellon Foundation awards Fresno State $5 million for humanities internships".
  11. Bahr, Sarah. (2024-07-17). "Ford and Mellon Foundations Name 2024 Disability Futures Fellows". The New York Times.
  12. Bahr, Sarah. (2024-07-17). "Ford and Mellon Foundations Name 2024 Disability Futures Fellows". The New York Times.
  13. (5 October 2020). "Mellon Foundation to Spend $250 Million to Reimagine Monuments". New York Times.
  14. (4 May 2022). "Mellon Foundation, CEC launch $8 million artist program in Puerto Rico". Philanthropy News Digest.
  15. (7 February 2022). "2,700 Artists in New York State Will Benefit from New $125M Program". Hyperallergic.
Wikipedia Source

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