Nonprofit · EIN 13-1879954
ANDREW W MELLON FOUNDATION
Tax-exempt · NEW YORK, NY 10065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,059,396,782 | $584,700,649 | $474,696,133 | $7,820,349,022 | $612,374,120 | $7,207,974,902 |
| December 31, 2023 | 990-PF | $450,432,209 | $654,044,753 | -$203,612,544 | $8,027,994,221 | $719,784,101 | $7,308,210,120 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $43,351,756
- Interest
- $211,017
- Net gain from sales of assets
- $1,015,816,325
- Other income
- $17,684
Expenses
- Grants and similar amounts paid
- $475,771,188
- Compensation of officers, directors and key employees
- $7,814,038
- Salaries, compensation and benefits (total)
- $35,578,896
- Disbursements for charitable purposes
- $635,411,854
- Excise tax on investment income
- $4,560,264
Balance sheet and other
- Total assets, start of year
- $8,027,994,221
- Total assets, end of year
- $7,820,349,022
- Total liabilities, end of year
- $612,374,120
- Net assets, end of year
- $7,207,974,902
- Fair market value of assets
- $7,894,931,360
- Qualifying distributions
- $641,858,148
- Net investment income
- $347,513,373
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH ALEXANDER 140 EAST 62ND STREET, NEW YORK, NY 10065 | PRESIDENT | 50 | $1,528,343 | $522,785 |
| SCOTT TAYLOR 140 EAST 62ND STREET, NEW YORK, NY 10065 | CHIEF INVESTMENT OFFICER | 50 | $1,395,936 | $577,936 |
| SHEREE CARTER-GALVAN 140 EAST 62ND STREET, NEW YORK, NY 10065 | CHIEF LEGAL OFFICER | 50 | $822,239 | $127,936 |
| ABIGAIL ARCHIBALD 140 EAST 62ND STREET, NEW YORK, NY 10065 | SENIOR PORTFOLIO MGR Highest-paid employee | 40 | $752,337 | $282,540 |
| YINDENG JIANG 140 EAST 62ND STREET, NEW YORK, NY 10065 | SENIOR PORTFOLIO MGR Highest-paid employee | 40 | $658,556 | $273,134 |
| JULIE EHRLICH 140 EAST 62ND STREET, NEW YORK, NY 10065 | EVP & COO | 50 | $642,483 | $127,870 |
| CARTER STEWART 140 EAST 62ND STREET, NEW YORK, NY 10065 | EVP, PROGRAMS & RESEARCH | 50 | $614,568 | $127,936 |
| EMIL KANG 140 EAST 62ND STREET, NEW YORK, NY 10065 | PROGRAM DIRECTOR Highest-paid employee | 40 | $594,500 | $127,804 |
| PATRICIA DIAZ 140 EAST 62ND STREET, NEW YORK, NY 10065 | DEPUTY GENERAL COUNS Highest-paid employee | 40 | $588,602 | $849,481 |
| PHILLIP HARPER 140 EAST 62ND STREET, NEW YORK, NY 10065 | PROGRAM DIRECTOR Highest-paid employee | 40 | $573,360 | $112,360 |
| SEPIDEH SEPASI 140 EAST 62ND STREET, NEW YORK, NY 10065 | CFO & TREASURER | 50 | $550,109 | $127,936 |
| KATHRYN HALL 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE, BOARD CHAIR | 6 | $75,000 | $0 |
| HEATHER GERKEN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $60,000 | $0 |
| JONATHAN HOLLOWAY 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $60,000 | $0 |
| KELLY ANN GRANAT 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $53,333 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA GILLIAM 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 |
| THELMA GOLDEN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 |
| SHERRILYN IFILL 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 |
| GAURAV KAPADIA 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 |
| PAUL FARBER 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (BEG 03/2024) | 5 | $26,666 |
| MARYANA ISKANDER 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (BEG 03/2024) | 5 | $26,666 |
| JOSHUA S FRIEDMAN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (END 03/2024) | 5 | $20,000 |
990-PF for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT TAYLOR 140 EAST 62ND STREET, NEW YORK, NY 10065 | CHIEF INVESTMENT OFFICER | 45 | $3,011,212 | $1,049,082 |
| MICHELLE KNUDSEN 140 EAST 62ND STREET, NEW YORK, NY 10065 | SENIOR PORTFOLIO MGR Highest-paid employee | 40 | $1,476,639 | $363,736 |
| ABIGAIL ARCHIBALD 140 EAST 62ND STREET, NEW YORK, NY 10065 | SENIOR PORTFOLIO MGR Highest-paid employee | 40 | $1,475,918 | $368,226 |
| ELIZABETH ALEXANDER 140 EAST 62ND STREET, NEW YORK, NY 10065 | PRESIDENT | 45 | $1,433,722 | $429,715 |
| YINDENG JIANG 140 EAST 62ND STREET, NEW YORK, NY 10065 | SENIOR PORTFOLIO MGR Highest-paid employee | 40 | $1,155,015 | $337,634 |
| SHEREE CARTER-GALVAN 140 EAST 62ND STREET, NEW YORK, NY 10065 | CHIEF LEGAL OFFICER | 45 | $737,776 | $106,890 |
| EMILY HICKMAN 140 EAST 62ND STREET, NEW YORK, NY 10065 | PORTFOLIO MANAGER Highest-paid employee | 40 | $648,908 | $224,324 |
| LAURA JUNG WHA KIM 140 EAST 62ND STREET, NEW YORK, NY 10065 | PORTFOLIO MANAGER Highest-paid employee | 40 | $628,820 | $211,438 |
| CARTER STEWART 140 EAST 62ND STREET, NEW YORK, NY 10065 | EVP, PROGRAMS & RESEARCH | 45 | $588,755 | $123,686 |
| KATHRYN HALL 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE, BOARD CHAIR | 6 | $75,000 | $0 |
| JOSHUA S FRIEDMAN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $60,000 | $0 |
| HEATHER GERKEN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $53,333 | $0 |
| JONATHAN HOLLOWAY 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $53,333 | $0 |
| KELLY ANN GRANAT 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 | $0 |
| SHERRILYN IFILL 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 | $0 |
| THELMA GOLDEN 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE | 5 | $40,000 | $0 |
| GLENN LOWRY 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (THRU 03/2023) | 5 | $20,000 | $0 |
| RICHARD BRODHEAD 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (THRU 03/2023) | 5 | $20,000 | $0 |
| GAURAV KAPADIA 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (AS OF 09/2023) | 5 | $13,334 | $0 |
| MELISSA GILLIAM 140 EAST 62ND STREET, NEW YORK, NY 10065 | TRUSTEE (AS OF 09/2023) | 5 | $13,334 | $0 |
Address and contacts
- Address (IRS master file)
- 140 E 62ND ST, NEW YORK, NY 10065-8124
- In care of
- % SEPIDEH SEPASI CFO
- Signed the 990-PF
- SEPIDEH SEPASI, CFO
- Phone
- (212) 838-8400
- Website
- WWW.MELLON.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-1879954
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $7,820,349,022
- Income (IRS master file)
- $2,234,455,457
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,059,396,782 | $584,700,649 | $7,820,349,022 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $450,432,209 | $654,044,753 | $8,027,994,221 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1879954).
Questions about ANDREW W MELLON FOUNDATION
- What is the EIN of ANDREW W MELLON FOUNDATION?
- The employer identification number (EIN) of ANDREW W MELLON FOUNDATION is 13-1879954.
- Is ANDREW W MELLON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to ANDREW W MELLON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ANDREW W MELLON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ANDREW W MELLON FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ANDREW W MELLON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ANDREW W MELLON FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 22 people; 22 received compensation from the organization, the highest $1,528,343 (ELIZABETH ALEXANDER, PRESIDENT).
- How much revenue does ANDREW W MELLON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,059,396,782, expenses of $584,700,649 and total assets of $7,820,349,022 at year end.
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