funder logo

THE ANDREW W MELLON FOUNDATION

THE ANDREW W MELLON FOUNDATION

NEW YORK, NY, US
501(c)(3)
EIN
13-1879954
Open for Solicitation
Private Foundation
Major Foundation
funder logo

THE ANDREW W MELLON FOUNDATION

NEW YORK, NY, US
501(c)(3)
EIN
13-1879954
Open for Solicitation
Private Foundation
Major Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,059,396,782

Other
96%
Investments
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$584,700,649

Grants
81%
Salaries & Benefits
10%
Other
3%
Fees to Service Providers
2%
Interest
<1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$34,074,335
$43,562,773
+28%
Other
$416,357,874
$1,015,834,009
+144%
Total Revenues
$450,432,209
$1,059,396,782
+135%
Expenses
2023
2024
Change
Grants
$549,292,394
$475,771,188
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$56,105,531
$60,167,950
+7%
Fees to Service Providers
$11,816,350
$13,921,108
+18%
Advertising & Promotion
$208,301
$209,151
+0%
Offices, Occupancy & IT
$4,039,765
$3,743,043
-7%
Interest
$5,632,150
$5,674,438
+1%
Depreciation
$5,077,518
$5,513,675
+9%
Other
$21,872,744
$19,700,096
-10%
Total Expenses
$654,044,753
$584,700,649
-11%
Net income
2023
2024
Change
Net income
-$203,612,544
+$474,696,133
-333%
Income Statement
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