# The Andrew W. Mellon Foundation

The Andrew W. Mellon Foundation is an Endowment / Foundation based in New York, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** New York, United States
- **Region:** North America
- **Founded:** 1969
- **Assets under management:** 8000 (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

The Andrew W. Mellon Foundation was created in 1969 by Paul Mellon and Ailsa Mellon Bruce, children of Andrew W. Mellon. Its founding assets derived from the Mellon banking and industrial fortune. The foundation maintains its headquarters at 140 East 62nd Street in New York. Capital deployment centers on grant-making in arts, culture, and higher education. The foundation holds limited partner positions in Centerbridge Partners, General Atlantic, Avid Ventures, Adelis Equity Partners, and Collab Capital. It also maintains a program-related investment in The Republic, a Nigerian media company. Public equity exposure occurs through a Russell 3000 Index Fund allocation. Geographic reach covers the United States and selected international programs. The foundation employs no disclosed investment staff count beyond the named CIO. It maintains membership in the Council on Foundations and Independent Sector. In October 2024 it sponsored Sawyer Seminars on academic freedom and democracy. Governance separates investment decisions from grant allocation through a distinct CIO role reporting to the board chaired by Kathryn Hall.

## Sectors

- Arts & Culture
- Higher Education

## People

- Elizabeth Alexander — President
- Scott Taylor — Chief Investment Officer
- Kathryn Hall — Chair of the Board of Trustees

## Questions

### Who runs investment decisions at The Andrew W. Mellon Foundation?

Scott Taylor serves as Chief Investment Officer. Elizabeth Alexander has been president since 2018. Kathryn Hall chairs the board of trustees.

### Does The Andrew W. Mellon Foundation participate in fund commitments or only direct deals?

The foundation acts as a limited partner in multiple external funds. Confirmed holdings include Centerbridge Partners and General Atlantic. It also executes program-related investments such as its stake in The Republic.

### How is The Andrew W. Mellon Foundation related to its founders' operating businesses?

No direct ownership of Mellon banking or industrial assets remains. The foundation operates as an independent grant-making entity with its own investment program.

## Related profiles

- [SUN Group](https://altss.com/profile/sun-group)
- [The Greater Kansas City Community Foundation](https://altss.com/profile/the-greater-kansas-city-community-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-andrew-w-mellon-foundation-awmf

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology