Endowment / Foundation

Updated:

Sarah Scaife Foundation

The Sarah Scaife Foundation was established in 1941 by Sarah Cordelia Mellon Scaife. Richard Mellon Scaife later served as a principal leader until his death.

Sarah Scaife Foundation

The Sarah Scaife Foundation was established in 1941 by Sarah Cordelia Mellon Scaife. Richard Mellon Scaife later served as a principal leader until his death. The foundation merged with the Carthage Foundation in 2015. Public filings show a 46 percent allocation to private equity. Confirmed public equity positions include Visa, Wells Fargo, Exxon Mobil, and Abbott Laboratories. The foundation maintains holdings in commercial real estate in Pittsburgh and art collections at the Carnegie Museum of Art. Geographic exposure centers on the United States with additional international policy grant activity. The foundation lists no disclosed headcount. It maintains ties to the Allegheny Foundation and the Scaife Family Foundation. Michael W. Gleba serves as Chairman, CEO, and Trustee. No operational events from the last 24 months appear in available records. Governance centers on a small trustee group with long-standing ties to recipient organizations such as the Heritage Foundation and the Federalist Society. Grant decisions flow through this structure rather than external investment committees.

Website
scaife.com

General information

Firm type

Endowment / Foundation

Year founded

1941

Location

Region

North America

Country

United States

City

Pittsburgh

Corporate office

301 Grant Street Suite 3900, Pittsburgh, PA 15219-6401, United States

Principals

Michael W. Gleba

Chairman, CEO, and Trustee

Montgomery B. Brown

Vice President

Sector focus

Public PolicyEducation

Frequently asked questions

Who runs investment decisions at Sarah Scaife Foundation?

Michael W. Gleba serves as Chairman, CEO, and Trustee. Montgomery B. Brown serves as Vice President. Decisions rest with this internal group.

Where does the underlying wealth come from?

The foundation traces its assets to Sarah Cordelia Mellon Scaife and the Mellon family fortune from banking, oil and gas, and aluminum interests.

Does Sarah Scaife Foundation participate in fund commitments or only direct deals?

Filings show a 46 percent allocation to private equity and positions in funds such as Accolade Partners IX. Public equity holdings also appear in 990-PF records.

What asset classes does the foundation hold?

The portfolio includes public equities, private equity, commercial real estate in Pittsburgh, and art collections at the Carnegie Museum of Art.

How is Sarah Scaife Foundation related to other Scaife entities?

It merged with the Carthage Foundation in 2015. It maintains separate but affiliated status with the Allegheny Foundation and the Scaife Family Foundation.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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