PITTSBURGH (December 16, 2021) – 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, […]
Read More… from Foundation Kicks Off New 10-Year Strategic Plan with Record Year of Grantmaking
PITTSBURGH (December 16, 2021) – 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 […]
Read More… from Bobby Zappala & Kevin L. Jenkins to Join Richard King Mellon Foundation
PITTSBURGH (November 17, 2021) – 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 […]
PITTSBURGH (August 23, 2021) – Fifty-four local and national leaders with expertise in business, entrepreneurship, conservation, economic development, economic mobility, health and well-being and philanthropy have agreed to help judge the Richard King Mellon Foundation’s first-ever social-impact pitch competition. “Harnessing the ingenuity and passion of for-profit businesses to achieve social good is a powerful […]
PITTSBURGH (July 14, 2021) – The Richard King Mellon Foundation today announced a pitch competition with a twist: The winners will be determined, not just by their prospects to make money for investors, but most importantly by their potential to improve economic development, economic mobility or health and well-being for the people of Southwestern Pennsylvania; […]
PITTSBURGH (July 7, 2021) – Having invested significantly over the years to help Pittsburgh become a national and international leader in the creation of new-economy jobs, the Richard King Mellon Foundation, as part of its new Strategic Plan, is making a more concerted effort than ever before to help ensure that everyone in the region […]
PITTSBURGH (May 20, 2021) – Carnegie Mellon University and the Richard King Mellon Foundation today announced that the two long-time partners will together make a transformational investment in science and technology leadership at the university; in a more vibrant future for the Hazelwood neighborhood; and in Pittsburgh’s ongoing economic renaissance. The Foundation has approved a $150 […]
PITTSBURGH (May 3, 2021) – A key focus of the Richard King Mellon Foundation’s new Strategic Plan is Economic Mobility – increasing opportunities for children and youth from families with lower incomes in Allegheny and Westmoreland counties today, so they can prosper as adults tomorrow. And a key pillar of the Foundation’s Economic Mobility strategy […]
PITTSBURGH (April 12, 2021) – The Richard King Mellon Foundation today announced that it has made a $500,000 gift to help save the former National Negro Opera Company House in Homewood – a once-proud national landmark that has been vacant 50 years and is dangerously close to collapse. “This property once was the center of […]
PITTSBURGH (March 10, 2021) – The Richard King Mellon Foundation and Arctaris Impact Investors announce a $20 million joint commitment to invest in a unique program for the Pittsburgh region that will bring the transformational power of Opportunity Zones to dozens of economically distressed communities in Allegheny and Westmoreland counties. “Private investment is the fuel of prosperity,” said Foundation […]