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. Andrew W Mellon Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Andrew W Mellon Foundation generated $505.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $527.9m during the year ending 12/2020. While expenses have increased by 8.1% per year over the past 6 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 4,113 individual grants totaling $2,638,833,928. 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

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE GENERAL EXPLANATION


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jp Morgan Investment Management Inc
$2,844,669
Elysium Construction
$6,599,413
Kelco Construction Inc
$1,558,655
Evensonbest Llc
$1,423,091
Architecture Research Office Llc
$1,248,655
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $157,004
Dividends & Interest $18,803,860
Net Rental Income$0
Net Gain on Sale of Assets $486,741,317
Capital Gain Net Income $313,391,306
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $187,962
Total Revenue $505,890,143

Grants Awarded

Over the last fiscal year, Andrew W Mellon Foundation has awarded $643,272,840 in support to 735 organizations.

Grant RecipientAmount

TIDES CENTER

PURPOSE: TO SUPPORT CREATIVES REBUILD NEW YORK

$90,000,000

TIDES CENTER

PURPOSE: TO SUPPORT CREATIVES REBUILD NEW YORK

$25,000,000

LIBRARY OF CONGRESS

PURPOSE: TO SUPPORT A MULTI-PRONGED PROGRAM OF OUTREACH, TECHNOLOGY INNOVATION, AND ARCHIVES DEVELOPMENT FOR, AND BY, TRADITIONALLY UNDERREPRESENTED COMMUNITIES

$7,500,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Oakland, CA

PURPOSE: TO SUPPORT EXPANSION OF THE UNIVERSITY OF CALIFORNIA'S PRESIDENTIAL POSTDOCTORAL FELLOWSHIP PROGRAM BY SHARPENING ITS FOCUS ON THE HUMANITIES AT SIX HSI UC CAMPUSES DESIGNATED AS HISPANIC-SERVING INSTITUTIONS

$7,500,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Oakland, CA

PURPOSE: TO SUPPORT EXPANSION OF THE UNIVERSITY OF CALIFORNIA'S PRESIDENTIAL POSTDOCTORAL FELLOWSHIP PROGRAM BY SHARPENING ITS FOCUS ON THE HUMANITIES AT SIX HSI UC CAMPUSES DESIGNATED AS HISPANIC-SERVING INSTITUTIONS

$7,500,000

RUTGERS THE STATE UNIVERSITY OF NEW JERSEY

PURPOSE: TO SUPPORT THE ESTABLISHMENT OF AN INSTITUTE FOR THE ADVANCED STUDY OF RACE AND SOCIAL JUSTICE

$7,500,000
View Grant Profile

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