ORGANIZATION

Andrew W. Mellon Foundation

New York City, NY | http://www.mellon.org

FOR FISCAL YEAR ENDED 2017-12-31:

Assets: $6,254,415,162
Total Giving: $298,331,245

The foundation's grantmaking philosophy is to build, strengthen and sustain institutions and their core capacities, rather than be a source for narrowly defined projects. As such, it develops thoughtful, long-term collaborations with grant recipients and invests sufficient funds for an extended period to accomplish the purpose at hand and achieve meaningful results. Institutions and programs receiving support are often leaders in fields of foundation activity, but they may also be promising newcomers, or in a position to demonstrate new ways of overcoming obstacles to achieve program goals. The foundation concentrates most of its grantmaking in a few areas: higher education, art history, conservation, museums, performing arts, scholarly communications and information technology..