Bny Mellon Foundation of Southwestern Pa

PITTSBURGH, PA EIN: 23-7423500

The BNY Mellon Foundation of Southwestern PA is a private foundation established in 1974 and based in Pittsburgh, Pennsylvania. As a company-sponsored foundation, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple focus areas and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$81.9M

-1.1% YoY

Annual Giving

$5.1M

+6.3% YoY

Grant Count

19

+26.7% YoY

Avg Grant Size

$269K

-16.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports programs designed to address basic needs provision and workforce development. Its funding interests span a diverse range of subject areas including:

  • Arts and culture (performing arts, orchestral music)
  • Education (higher education)
  • Environment (natural resources, energy resources)
  • Philanthropy and nonprofit support
  • Health
  • Community and economic development (economic development, employment, job training, job creation and workforce development)
  • Housing development
  • Financial services (financial counseling)
  • Human services (basic and emergency aid, food aid, food banks)

Grantmaking

The foundation made approximately $4.1 million in grants in 2024. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The foundation funds projects in multiple locations including:

  • Pennsylvania (primary focus, particularly southwestern PA)
  • New York
  • Virginia
  • Tennessee
  • District of Columbia

Specific communities supported include Alexandria, Brentwood, Duquesne, Glenshaw, Homestead, McKeesport, Moon Township, and Pittsburgh.

Grant Distribution by State

7states

Cities

AlexandriaBrentwoodDuquesneGlenshawHomesteadMckeesportMinneapolisMoon TownshipMoon TwpNew YorkPittsburghSan FranciscoWashington

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $81,885,588
  • Total Revenues: $4,964,659
  • Total Expenses: $5,828,618
  • Investment Income and Dividends: $2,088,635
  • Total Liabilities: $0

As of 2023:

  • Total Assets: $82,760,343
  • Total Revenues: $5,808,505
  • Total Expenses: $5,463,940

The foundation's revenue is primarily derived from investment income and dividends rather than contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$81,885,588$82,760,343$82,105,682
Revenue$4,964,659$5,808,505$5,978,134
Expenses$5,828,618$5,463,940$5,931,248
Qualifying Distributions$5,112,055$4,810,017$5,272,324
Net Investment Income$4,206,885$5,221,972$5,316,728
Distributable Amount$5,248,100$4,868,040$5,050,485

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M29 grants202030 grants202123 grants202215 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALLEGHENY CONFERENCE ON …$1.5MMATCHING GRANTS FOR EMPL…$579KADVANCED LEADERSHIP INST…$500KCARNEGIE MUSEUM OF NATUR…$333KPITTSBURGH SYMPHONY INC$300KUNIVERSITY OF PITTSBURGH$250KLITERACY PITTSBURGH$200KNEIGHBORHOOD ALLIES$200KNEIGHBORWORKS$200KTHE PITTSBURGH PROMISE$200K

Grant Size Distribution

116 grants across all recorded years

25<$50K11$50–100K47$100–250K19$250–500K9$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Eric Boughner (Chairman)
  • Cynthia Danes (President)
  • Andrea Stanford (Director)
  • Brandon Dudt-Mulzet (Secretary)
  • Kendra Wotkyns (Vice President)
  • BNY Mellon N.A. (Trustee)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIC BOUGHNERCHAIRMAN1
CYNTHIA DANESPRESIDENT1
ANDREA STANFORDDIRECTOR5
BRANDON DUDT-MULZETSECRETARY1
KENDRA WOTKYNSVICE PRESIDENT1
SHANNON HOBBSDIRECTOR1

Recent News & Activity

Recent developments and announcements

The foundation has supported notable initiatives including:

2023

**UpPrize Competition:** A BNY Mellon-funded competition supporting innovation in southwestern Pennsylvania, which returned in 2023

UpPrize, a BNY Mellon-Funded Competition that Supports Innovation in Southwestern

**Carnegie Mellon University Grants:** Funding for engineering research and sustainability initiatives at the Tepper School of Business

2025

**Community Month:** As part of BNY's broader corporate giving program, the company engages employees in philanthropic work each April, with 2025 seeing over 8,500 employees engaged and over 20,000 hours volunteered across 97 nonprofit organizations

Contact Information

  • Address: PO Box 185, Pittsburgh, PA 15230-0185
  • Phone: 412-234-0023

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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