Four winners – one from each of the Foundation’s four Program Areas Resilient Lifescience wins $500,000 first prize PITTSBURGH (February 7, 2023) – The Richard King Mellon Foundation today announced the winners of its second Social-Impact Investment Pitch Competition – its latest effort to invest in for-profit companies with social missions that have the potential […]
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Both initiatives to advance implementation of the Foundation’s Strategic Plan New visual identity honors Foundation’s 75-year history PITTSBURGH (January 25, 2023) – The Richard King Mellon Foundation today launched a revamped website to make it easier for its partners to interact with the Foundation digitally. And the Foundation announced it will move to new offices […]
PITTSBURGH (September 20, 2022) – The Richard King Mellon Foundation is deploying its philanthropic funding to focus more attention on rising rates of school absenteeism, as a potentially important way to reduce rising crime rates and other social ills, and to increase lifetime opportunities for young people. “The data suggests that school closures due to COVID-19 […]
PITTSBURGH (September 9, 2022) – 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 […]
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PITTSBURGH (August 25, 2022) – 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 […]
PITTSBURGH (April 25, 2022) – 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 […]
PITTSBURGH (March 22, 2022) – 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 […]
PITTSBURGH (March 7, 2022) – 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 […]
PITTSBURGH (February 25, 2022) – 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 […]
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 (January 26, 2022) – The Richard King Mellon Foundation today announced the winners of its first-ever […]
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