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.

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