Skip to main content

Nonprofit · EIN 31-1605320

THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION

Tax-exempt · PITTSBURGH, PA 15230

Financials

$7.7M$781K2023$2.3M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,268,034$3,774,822-$1,506,788$39,994,304$0$39,994,304
December 31, 2023990-PF$7,703,895$780,748$6,923,147$41,502,465$0$41,502,465
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,006,730
Net gain from sales of assets
$557,135
Other income
$704,169

Expenses

Grants and similar amounts paid
$3,416,056
Disbursements for charitable purposes
$3,416,056
Excise tax on investment income
$26,472

Balance sheet and other

Total assets, start of year
$41,502,465
Total assets, end of year
$39,994,304
Total liabilities, end of year
$0
Net assets, end of year
$39,994,304
Fair market value of assets
$51,507,338
Qualifying distributions
$3,416,056
Net investment income
$2,231,701

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.

NameTitleHours / weekCompensation
CYNTHIA DANES
C/O BNY MELLON, NEW YORK, NY 10286
PRESIDENT5$0
J KEVIN MCCARTHY
C/O BNY MELLON, NEW YORK, NY 10286
DIRECTOR1$0
JAYEE KPFFEY
C/O BNY MELLON, NEW YORK, NY 10286
DIRECTOR1$0
ERICA WILLIAMS
C/O BNY MELLON, NEW YORK, NY 10286
VICE PRESIDENT, ASSISTANT TREASURER, ACTING SECRET1$0
SHANNON HOBBS
C/O BNY MELLON, NEW YORK, NY 10286
CHAIRMAN1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CYNTHIA DANES
C/O BNY MELLON, NEW YORK, NY 10286
PRESIDENT5$0
J KEVIN MCCARTHY
C/O BNY MELLON, NEW YORK, NY 10286
DIRECTOR1$0
JAYEE KPFFEY
C/O BNY MELLON, NEW YORK, NY 10286
DIRECTOR1$0
ERICA WILLIAMS
C/O BNY MELLON, NEW YORK, NY 10286
VICE PRESIDENT, ASSISTANT TREASURER, ACTING SECRET1$0
BNY MELLON N A
PO BOX 185, PITTSBURGH, PA 152300185
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 185, PITTSBURGH, PA 15230-0185
In care of
% BNY MELLON NA TTEE
Signed the 990-PF
CYNTHIA DANES, PRESIDENT
Phone
(412) 234-0023
Return prepared by
PWC US TAX LLP

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
31-1605320
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$39,994,304
Income (IRS master file)
$11,403,976

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,268,034$3,774,822$39,994,304IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$7,703,895$780,748$41,502,465XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 31-1605320).

Questions about THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION

What is the EIN of THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION?
The employer identification number (EIN) of THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION is 31-1605320.
Is THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE BANK OF NEW YORK MELLON CORPORATION 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 THE BANK OF NEW YORK MELLON CORPORATION 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 THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THE BANK OF NEW YORK MELLON CORPORATION FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,268,034, expenses of $3,774,822 and total assets of $39,994,304 at year end.

Other nonprofits in PITTSBURGH

All nonprofits in PITTSBURGH · Pennsylvania · Philanthropy, voluntarism and grantmaking foundations