The Richard King Mellon Foundation was created in 1947 by Richard King Mellon, the president and chairman of the Mellon Bank.
The foundation's current giving priorities primarily serve Southwestern Pennsylvania with programs that focus on Regional Economic Development and Conservation, along with Education and Human Services and Nonprofit Capacity Building.
The foundation contributes to variety of endeavors to stimulate business development, to promote economic health in rural areas, to leverage the economic impact of the regional health care, education and cultural assets, and to attract and retain talented people to Southwestern Pennsylvania.
The effort is mostly paid for with a $19 million federal TIGER grant, but the $26 million park will get a little help from Pittsburgh-based philanthropy as well. The Richard King Mellon Foundation...more
"Because of the (Mellon) grant, the symphony is covered on cost, which allowed us to use it as a fundraiser." The nonprofit FR Panther Foundation creates partnerships with local businesses...more
The United Nations Intergovernmental Panel on Climate Change (IPCC) published the first of three volumes of its fifth Assessment Report (AR5). The findings of the report show that mainstream businesses have become greener, with an emphasis on reducing carbon emissions which are the key sectors for impact investment.