The Andrew W. Mellon 2018 Annual Report was released today and consists of the:
From the Grantmaking Programs Report:
In 2018 the Foundation appropriated 465 grants totaling almost $311 million, an increase of about $25 million over 2017. As Figure 3 shows, the majority of grants over the past three years has ranged in amount from $500,000 to $2.5 million; in 2018, we made 225 grants, or almost half of the total number, in that range.
Occasionally, as in the instances of the Equal Justice Initiative and Studio Museum, initiatives are so critically aligned with the Foundation’s mission that grants of more than $4 million are warranted (five such grants were made); at the other end of the spectrum, we frequently support smaller organizations and projects whose creative work can be catalyzed or sustained with grants below $500,000 (220 were made in 2018, of which 55 were below $100,000). Creating a mix of large and smaller grants in such a way that Foundation funds are deployed maximally—and with efficient use of staff resources—for the change we hope to encourage is an ongoing balancing act.
Direct to Complete Report (PDF Version)
147 pages; PDF.
Direct to Audited Financial Statements
17 pages; PDF.
Direct to Grantmaking Program Essays