The Mellon Foundation

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Brand information:

Website	Mellon Foundation
Country	United States
Industry	Banking and Finance

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The Andrew W. Mellon Foundation, commonly referred to as the Mellon Foundation, is a prominent private foundation based in New York City, established from the merger of the Avalon Foundation and the Old Dominion Foundation in 1969. With roots tracing back to Andrew Mellon, a notable banking magnate and former U.S. Treasury Secretary, the foundation focuses on promoting and defending the arts and humanities as essential components of human understanding and democratic societies. It supports various initiatives in higher education, art conservation, and performing arts, with an endowment of approximately $5 to $6 billion and annual grant-making around $300 million. The foundation is currently led by Elizabeth Alexander and has been recognized for its significant contributions to cultural institutions and educational initiatives across the United States.