Andrew W Mellon Foundation

Organization Overview

Andrew W Mellon Foundation is located in New York, NY. The organization was established in 1956. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Andrew W Mellon Foundation generated $446.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $376.1m during the year ending 12/2019. While expenses have increased by 2.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Andrew W Mellon Foundation has awarded 2,669 individual grants totaling $1,450,090,036. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE GENERAL EXPLANATION


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
General Atlantic Service Company Llc
$1,722,328
Silchester International Investors Inc
$2,319,611
Jp Morgan Investment Management Inc
$1,516,075
Wellington Management
$931,570
Westwood Global Investments Llc
$858,707
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9,308
Dividends & Interest $30,786,348
Net Rental Income$0
Net Gain on Sale of Assets $408,874,646
Capital Gain Net Income $278,381,678
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7,167,569
Total Revenue $446,837,871

Grants Awarded

Over the last fiscal year, Andrew W Mellon Foundation has awarded $388,886,892 in support to 693 organizations.

Grant RecipientAmount

NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE US

Org PageRecipient Profile

Washington, DC

PURPOSE: TO SUPPORT THE AFRICAN AMERICAN CULTURAL HERITAGE ACTION FUND'S GRANTMAKING PROGRAM, AND TO ENHANCE THE FUND'S ORGANIZATIONAL CAPACITY

$5,000,000

SMITHSONIAN INSTITUTION

PURPOSE: TO ESTABLISH ENDOWMENTS AT THE NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND CULTURE IN SUPPORT OF THE MUSEUM'S DIRECTORSHIP AND CURATORIAL RESEARCH CENTERS

$5,000,000

AMERICAN COUNCIL OF LEARNED SOCIETIES

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT ONE ANNUAL CYCLE OF PROGRAM RENEWALS AT INSTITUTIONS HOSTING THE MELLON MAYS UNDERGRADUATE FELLOWSHIP: BARNARD, BOWDOIN, BROOKLYN, BRYN MAWR, CARLETON, CONNECTICUT, DARTMOUTH, GRINNELL, HUNTER, MACALESTER, OBERLIN, QUEENS, SMITH, SWARTHMORE, WELLESLEY, WHITTIER, AND WILLIAMS COLLEGES; BROWN, COLUMBIA, CORNELL, DUKE, EMORY, HARVARD, HAVERFORD, HERITAGE, NORTHWESTERN, PRINCETON, RICE, STANFORD, WESLEYAN, AND YALE UNIVERSITIES; THE UNIVERSITIES OF CALIFORNIA AT BERKELEY, AT LOS ANGELES, AND AT RIVERSIDE; THE UNIVERSITIES OF CAPE TOWN, CHICAGO, NEW MEXICO, SOUTHERN CALIFORNIA, TEXAS AT AUSTIN, THE WESTERN CAPE, AND THE WITWATERSRAND; THE CALIFORNIA INSTITUTE OF TECHNOLOGY; THE CITY COLLEGE OF NEW YORK; THE CLAREMONT COLLEGES, INC.; UNITED NEGRO COLLEGE FUND, INC.; AND WASHINGTON UNIVERSITY IN ST. LOUIS

$4,290,000

AMERICAN COUNCIL OF LEARNED SOCIETIES

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT CAREER DIVERSITY PREPARATION FOR POSTDOCTORAL FELLOWSHIPS IN GOVERNMENT AND NON-PROFIT AGENCIES FOR HUMANITIES PHDS

$3,500,000

AMERICAN COUNCIL OF LEARNED SOCIETIES

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT DISSERTATION COMPLETION FELLOWSHIPS FOR GRADUATE STUDENTS IN THE HUMANITIES AND SOCIAL SCIENCES

$3,250,000

COUNCIL ON LIBRARY AND INFORMATION RESOURCES

Org PageRecipient Profile

Arlington, VA

PURPOSE: TO SUPPORT A NATIONAL GRANTMAKING COMPETITION FOR THE DIGITIZATION OF COLLECTIONS OF SCHOLARLY AND CULTURAL IMPORTANCE

$3,000,000
View Grant Profile

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