Andrew W. Mellon Foundation
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Andrew W. Mellon Foundation
The Andrew W. Mellon Foundation, commonly known as the Mellon Foundation, is a New York City-based private foundation with wealth accumulated by Andrew Mellon of the Mellon family of Pittsburgh, Pennsylvania. It is the product of the 1969 merger of the Avalon Foundation and the Old Dominion Foundation. These foundations had been set up separately by Ailsa Mellon Bruce and Paul Mellon, the children of Andrew Mellon. The foundation is housed in New York City in the expanded former offices of the Bollingen Foundation, another educational philanthropy once supported by Paul Mellon. Poet and scholar Elizabeth Alexander is the foundation's current president. Her predecessors have included Earl Lewis, Don Randel, William G. Bowen, John Edward Sawyer and Nathan Pusey. In 2004, the foundation was awarded the National Medal of Arts. Areas of interest * Higher education, including the humanities, libraries, and scholarly communication and information technology * Museums and art ...
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Paul Mellon
Paul Mellon (June 11, 1907 – February 2, 1999) was an American philanthropist and a horse breeding, breeder of thoroughbred horse racing, racehorses. He is one of only five people ever designated an "Exemplar of Racing" by the National Museum of Racing and Hall of Fame. He was co-heir to one of America's greatest business fortunes, derived from the Mellon Financial, Mellon Bank created by his grandfather Thomas Mellon, his father Andrew W. Mellon, and his father's brother Richard B. Mellon. In 1957, when ''Fortune (magazine), Fortune'' prepared its first list of the Wealthiest Americans (1957), wealthiest Americans, it estimated that Paul Mellon, his sister Ailsa Mellon Bruce, and his cousins Sarah Mellon and Richard King Mellon, were all among the richest eight people in the United States, with fortunes between $400 million and $500 million each (between about $4.3 billion and $7.6 billion in today's dollars). Mellon was married to Mary Conover Brown from 1935 until her dea ...
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