Bny Mellon Foundation of Southwestern Pa
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
Under IRS private-foundation payout rules, Bny Mellon Foundation of Southwestern Pa reported a distributable amount of $5.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Allegheny Conference on Community Dev ($1,465,000), Matching Grants for Employee Donations ($579,258), Advanced Leadership Institute ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MATCHING GRANTS FOR EMPLOYEE DONATIONS PITTSBURGH, PA | PC | $579,258 |
| UNIVERSITY OF PITTSBURGH PITTSBURGH, PA | PC | $250,000 |
| UNITED WAY WORLDWIDE ALEXANDRIA, VA | PC | $50,000 |
| ALLEGHENY CONFERENCE ON COMMUNITY DEV PITTSBURGH, PA | PC | $1,465,000 |
| CARNEGIE MUSEUM OF NATURAL HISTORY PITTSBURGH, PA | GENERAL OPERATING | $333,333 |
| PITTSBURGH SYMPHONY INC PITTSBURGH, PA | PC | $300,000 |
| LITERACY PITTSBURGH PITTSBURGH, PA | GENERAL OPERATING | $200,000 |
| NEIGHBORHOOD ALLIES PITTSBURGH, PA | GENERAL OPERATING | $200,000 |
| PITTSBURGH DOWNTOWN PARTNERSHIP PITTSBURGH, PA | GENERAL OPERATING | $175,000 |
| THE BANK OF NEW YORK MELLON PITTSBURGH, PA | GENERAL OPERATING | $150,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC BOUGHNER | CHAIRMAN | 1 | — |
| CYNTHIA DANES | PRESIDENT | 1 | — |
| ANDREA STANFORD | DIRECTOR | 5 | — |
| BRANDON DUDT-MULZET | SECRETARY | 1 | — |
| KENDRA WOTKYNS | VICE PRESIDENT | 1 | — |
| SHANNON HOBBS | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported notable initiatives including:
**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
**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
Frequently Asked Questions
What does Bny Mellon Foundation of Southwestern Pa fund?
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 develo…
How do I apply for a grant from Bny Mellon Foundation of Southwestern Pa?
The foundation made approximately $4.1 million in grants in 2024. Recent notable grants include: • TALI Institute: $500,000 (General Operating) • Pittsburgh Symphony Orchestra: $300,000 • University of Pittsburgh: $250,000 Typical grant awards range from $20,000 to $1,465,000. The foundation does not appear to have published application guidelines or open grant opportunities in the available sources.
Where does Bny Mellon Foundation of Southwestern Pa make 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.
What size grants does Bny Mellon Foundation of Southwestern Pa award?
In 2024, Bny Mellon Foundation of Southwestern Pa awarded 19 grants totaling $5.1M — an average of about $269K per grant, based on its IRS Form 990 filings.
How much is Bny Mellon Foundation of Southwestern Pa required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bny Mellon Foundation of Southwestern Pa reported a distributable amount of $5.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bny Mellon Foundation of Southwestern Pa's EIN?
Bny Mellon Foundation of Southwestern Pa's EIN (Employer Identification Number) is 23-7423500. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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