Richard King Mellon Foundation Launches Another Million-Dollar Pitch Competition

PITTSBURGH – Buoyed by the success last year of its first-ever social-impact pitch competition, the Richard King Mellon Foundation today announced it is launching another. The Foundation is inviting socially minded for-profit companies with bold ideas to compete for at least $1 million in Foundation investments.   “We know there are many more entrepreneurs out there […]

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ElevateBio & the University of Pittsburgh Announce Creation of Pitt BioForge BioManufacturing Center at Hazelwood Green to Accelerate Cell & Gene Therapy Innovation

PITTSBURGH –  ElevateBio, LLC (ElevateBio) and the University of Pittsburgh today announced that they have entered into a long-term strategic partnership to accelerate the development of highly innovative cell and gene therapies. Through this agreement, ElevateBio will locate one of its next BaseCamp process development and Good Manufacturing Practice (GMP) manufacturing facilities in Pittsburgh, fully […]

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Richard King Mellon Foundation Proactively Funds Safety Net For Expected Ukrainian Refugees

PITTSBURGH –  The Richard King Mellon Foundation is awarding nearly half a million dollars to four Pittsburgh social-service agencies, to help them prepare for the expected arrival of Ukrainian refugees fleeing the Russian invasion.   “Ukrainians have been drawn to Pittsburgh for more than 100 years,” said Sam Reiman, director of the Richard King Mellon […]

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Foundation Seeks to Spark Greater Focus on Four Key Challenges Facing Our Region and the Nation

PITTSBURGH – The Richard King Mellon Foundation has issued four new Requests for Proposals to draw greater attention to four challenges in Allegheny and Westmoreland counties and the nation – challenges that have been exacerbated by the COVID-19 pandemic. Three of the RFPs are aimed at soliciting proposals from local nonprofits to help children and youth […]

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Two Pittsburgh Foundations Join Forces to Launch Sabbatical Program for Local Nonprofit Executives

PITTSBURGH – The McCune Foundation and the Richard King Mellon Foundation have together created a pilot sabbatical program for local nonprofit executives.   “Nonprofits perform essential and often heroic work in our communities, and strong leadership is essential to their success,” said Sam Reiman, director of the Richard King Mellon Foundation. “But even during good […]

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Almono & Carnegie Mellon University Reach Agreements with Tishman Speyer to Accelerate Transformation of Hazelwood Green into 21st Century Innovation Hub

PITTSBURGH – The Almono Limited Partnership – owners of Pittsburgh’s Hazelwood Green – and Carnegie Mellon University announced today that they reached agreements with Tishman Speyer, one of the world’s leading developers, owners and operators of cutting-edge real estate, to transform the 178-acre site into a global center for tomorrow’s economy anchored by exciting new research […]

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RKMF Announces the Winners of its $1 Million Pitch Competition

Submissions were so strong, the Foundation decided to invest another $2.3 million in 13 other finalist companies More to come – RKMF expects to invest $50 million over the next 10 years in for-profit companies with public missions PITTSBURGH – The Richard King Mellon Foundation today announced the winners of its first-ever Pitch Competition – […]

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Foundation Kicks Off New 10-Year Strategic Plan with Record Year of Grantmaking

PITTSBURGH – As 2021 draws to a close, the Richard King Mellon Foundation is closing the books on a record year. The Foundation’s Board of Trustees has approved more than $372 million in grants in 2021, by far its largest grantmaking year ever. And it so far has received 838 applications for funding, a nearly 16% […]

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Bobby Zappala & Kevin L. Jenkins to Join Richard King Mellon Foundation

PITTSBURGH – Two Pittsburgh leaders with deep expertise in key aspects of the Richard King Mellon Foundation’s new Strategic Plan are joining the Foundation team. Bobby Zappala, chairman of Ascender, one of the area’s leading business incubators, will be a Program Officer, focused on philanthropic investments in for-profit companies, called Social-Impact Investments. And Kevin L. Jenkins, […]

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University of Pittsburgh, Richard King Mellon Foundation Announce Transformative Gift, Partnership to Make Pittsburgh Region a National Leader in Life Sciences Manufacturing

PITTSBURGH – The University of Pittsburgh and Richard King Mellon Foundation today announced a $100 million gift that will advance the region’s burgeoning life sciences economy by creating an anchor bioresearch and development facility on Hazelwood Green, the sprawling former industrial site near Downtown Pittsburgh being restored into a center for high-tech innovation and an […]

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