Mellon Foundation Company Description
Recipients of funds from The Andrew W. Mellon Foundation don't take the organization for granted. One of the leading charitable foundations in the US, the organization provides nearly $185 million annually in grants, including awards for higher education, performing arts, and museums and art conservation. Grant recipients have included the American Council of Learned Societies, the Metropolitan Museum of Art, and the University of Virginia. The foundation was created in 1969 when Paul Mellon and Ailsa Mellon Bruce, the son and daughter of banking titan Andrew W. Mellon, merged their charitable foundations (Old Dominion Foundation and Avalon Foundation).
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The Company Description provides a historical perspective of Mellon Foundation's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Mellon Foundation's evolution in the marketplace.
