Social Impact Investments
PROBLEM STATEMENT
The nonprofit and public sectors alone cannot provide all the ideas, resources, and talented people needed to advance the Foundation's strategic priorities.
VISION
The Foundation's social-impact investing enables mission-driven companies to secure the risk capital, networks, and resources they need to develop products, deploy services and address societal issues at the individual and community level.
INVESTMENT AREAS
Health
- Take advantage of regional expertise to support developments that will benefit the region and society
- Complement existing projects from companies not eligible for traditional grant support
Technology
- Leverage talent and innovation from local institutions to uncover new opportunities
- Explore collaborations with industry to advance new technologies
Economy
- Improve communications and access to capital for a broad range of companies
- Attract new companies and talent to the region
- Help to create and promote employment opportunities
Conservation
- Explore new finance mechanisms to attract private for-profit capital
- Promote collaborations between for-profit and non-profit partners to adopt new finance strategies
- Support innovative funding approaches by government
Apply for Funding
Since 1947, the Richard King Mellon Foundation has invested in the future of southwestern Pennsylvania.
Apply Now