"Supporting Black leadership … R.K. Mellon served as president and chairman of Mellon Bank. "Supporting Black leadership has been an ongoing focus for us," said Richard King Mellon … Since 1947, the Richard King Mellon Foundation has invested in the future of southwestern Pennsylvania. He married Constance Prosser McCaulley, daughter of a New York banker, in 1936. The grant from the Richard King Mellon Foundation is distinct from TALI's existing program and is designated primarily for operational expansion. Richard King Mellon was the primary financial founder of Carnegie Mellon University's Heinz College, then known as the School of Urban and Public Affairs. In 2012 another 29,630 acres (The MC Davis Tract) was acquired from The Conservation Fund. [3] Mellon served as Vice President of American Council to Improve Our Neighborhoods, an organization to promote for-profit private urban renewal projects.[4]. The Richard King Mellon Foundation announced $2.5 million in grants to local colleges and universities forsupporting reopening efforts and to expand online offerings this fall. [6], Learn how and when to remove this template message, American Council to Improve Our Neighborhoods, History_of_Pittsburgh § Renaissance_I_(1946_-_1973), Louisiana Department of Wildlife and Fisheries, http://www.hilldistrict.org/developers,accessed, Louisiana Department of Wildlife & Fisheries, Pittsburgh Green Story: Richard King Mellon, https://en.wikipedia.org/w/index.php?title=Richard_King_Mellon&oldid=990950436, People from Westmoreland County, Pennsylvania, Articles lacking in-text citations from October 2010, Wikipedia articles with SNAC-ID identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 27 November 2020, at 13:00. Mellon served in the United States Army in both world wars and remained active in the United States Army Reserve, receiving the Distinguished Service Medal and rising to the rank of Lieutenant General. In the late 1960s, he ushered in Ligonier's modern era. During the four decades, which followed the demolition, dozens of acres of land remained vacant. Edit Filters . Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from the Pittsburgh suburb of Ligonier, Pennsylvania. The Richard King Mellon Foundation, with assets of $2.5 billion, is the largest grant-making philanthropy in the region and the 36th largest in the United States. … Last year, the R.K. Mellon … He was the last great leader of the Pittsburgh-based Mellon financial dynasty. Source for information on Richard King Mellon… His grandfather, Thomas Mellon, established the private bank of T. Mellon … Richard King Mellon was born on June 19, 1899 in Pittsburgh, Pennsylvania, into one of America's great financial families. Richard King Mellon(June 19, 1899 – June 3, 1970), commonly known as R.K., was an Americanfinancier from Ligonier, Pennsylvania. Like many sons who are expected to one day take over the family business, Mellon began learni… The son of Richard B. Mellon, nephew of Andrew W. Mellon, and grandson of Thomas Mellon, he and his sister Sarah Mellon Scaife and cousins Paul Mellon and Ailsa Mellon … In June, the Richard King Mellon Foundation gave $250,000 to fund vaccine trials with UPMC. Instead of a formal education, he received tutors in subjects that would benefit him. Andrew Mellon, Pross' great-uncle, founded the National Gallery of Art in Washington, D.C. His father, General Richard King Mellon, played a big role in reviving Pittsburgh. The grant from the Richard King Mellon Foundation is distinct from TALI's existing program and is designated primarily for operational expansion. The Pittsburgh-based Richard King Mellon Foundation has announced grants totaling nearly $8.5 million in support of COVID-19 relief efforts in the region.. He also served on the board of trustees of the University of Pittsburgh over a span of several decades and was a major benefactor to the university.[1][2]. Richard King Mellon awards nearly $8.5 million for COVID-19 relief The Pittsburgh-based Richard King Mellon Foundation has announced grants totaling nearly $8.5 million in … Richard King Mellon Foundation Investing in the Future of Our Region & Beyond Since 1947, the Richard King Mellon Foundation has invested in the future of Southwestern Pennsylvania, and … University of Pittsburgh School of Medicine, Chair and Distinguished Professor of the Department of Ophthalmology at the University of Pittsburgh School of Medicine, director of the University of Pittsburgh Medical Center Eye Center, and the Eye and Ear Foundation Chair of Ophthalmology, Director of the Institute for Precision Medicine (IPM). The Richard King Mellon Foundation manages his charitable estate and has recently participated in redeveloping industrial brownfields in Pittsburgh. The son of Richard B. Mellon, nephew of Andrew W. Mellon, and grandson of Thomas Mellon, he and his sister Sarah Mellon … Government-funded demolition destroyed the fabric of the African American community of the Lower Hill District. Richard King Mellon (1899–1970), a financier, general, and philanthropist, who married Constance Prosser McCaulley Sarah Mellon (1903–1965), a including Mellon Bank and major investments in Gulf Oil and Alcoa, her husband is Alan Magee Scaife William Larimer Mellon, … Mellon was born May 19, 1939, and was the eldest son of the late Gen. Richard King Mellon and Constance Prosser Mellon. Mellon also used his economic power to push companies and landowners to comply with new regulations. Left by Angela and Doug on 5 … After returning to the city following World War II, Mellon developed an interest in improving Pittsburgh's severe flooding, pollution, and urban blight. Biography. Scott joined the foundation in 1998 and has led it since 2005. (June 19, 1899–June 3, 1970), commonly known as R.K., was an American financier from Ligonier, Pennsylvania. Richard King MellonFinancier and banker Richard K. Mellon (1899-1970) was one of the richest men in the United States in the 1960s. … By no means an intellectual or rebellious in the least, Mellon set out to learn banking and finance from his father. Richard P. Mellon, 81, of Ligonier, died Monday night, July 27, 2020, after a prolonged illness, while visiting his summer home on Cousins Island, Maine. Since 1947, the Richard King Mellon Foundation has invested in the future of Southwestern Pennsylvania, and in the protection and restoration of America’s environmental heritage. Richard King Mellon was also the primary financial founder of Carnegie Mellon University's Heinz College, then known as the School of Urban and Public Affairs. The latest round … The URA, with the support of R. K. Mellon, callously displaced 8,000 residents, businesses and churches. Richard King Mellon Foundation Philanthropy & Nonprofits. Mellon later told Forbesmagazine, "It was taken for granted that I would follow him in the bank." R.K. Mellon … Between 2001 and 2011 another 12,000 acres were gained through purchases and donations. In January 1971, Seward and, Richard Mellon, both adopted sons of Richard King Mellon, took over’ management of the Mellon economic interests. In addition, it is home to the Richard King Mellon Foundation Institute for Pediatric Research, established in 2007 with a gift of $23 million from the Richard King Mellon Foundation. In 1955 a redevelopment plan and federal funding were approved to coincide with the construction of a new civic arena (1961-2010). For the first time, the next generation of the Mellon Family – a grandson of Richard King Mellon – Richard A. Mellon, will lead the philanthropies as Board Chairman and Chief … Mellon used his status and wealth to help lead the city's famed renaissance. Wednesday, June 24, 2020. Since 1947 For over 70 years the Richard King Mellon Foundation has invested in the competitive future and quality of life in southwestern Pennsylvania, and in the protection, preservation, and … He was a lifelong resident of Ligonier, where he … Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from the Pittsburgh suburb of Ligonier, Pennsylvania.. In 1957, when Fortune prepared its first list of the wealthiest Americans, it estimated that the four cousins were all amongst the richest eight people in the United States, with fortunes of between $400 million and $700 million dollars each. Subsequent acquisitions of the Rathborne, Boyce, and Crusel tracts now gives the WMA 122,098 acres that all began with the Mellon Foundation donation. Following on the heels of the Pittsburgh Renaissance, which he midwifed with … They adopted four children: Richard P. Mellon, Seward Prosser Mellon, Constance Barber Mellon, and Cassandra Mellon Milbury. He is chiefly remembered for his urban renewal efforts in Pittsburgh, undertaken in an unlikely bipartisan (Mellon was a lifelong Republican) partnership with the city's postwar Democratic mayor David L. Lawrence. Scott Izzo | Pittsburgh, Pennsylvania | Director at Richard King Mellon Foundation | 272 connections | View Scott's homepage, profile, activity, articles Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from the Pittsburgh suburb of Ligonier, Pennsylvania. After World War I, Mellon returned to Princeton, but left the university soon thereafter. The latest round of investment from the Richard King Mellon Foundation includes money for Downtown restaurant workers to feed the needy, grants for food banks in Allegheny … Blog. Richard King Mellon himself was a major benefactor. The son of Richard B. Mellon, nephew of Andrew W. Mellon, and grandson of Thomas Mellon, he and his sister Sarah Mellon Scaife and cousins Paul Mellon and Ailsa Mellon-Bruce, were heirs to the Mellon fortune, which included major holdings in Mellon Bank, Gulf Oil, and Alcoa. The Richard King Mellon Foundation’s director, Scott Izzo, will step down at the end of the year but will stay on as a board trustee and senior adviser at Pittsburgh’s largest foundation. Under the auspices of the Urban Redevelopment Authority of Pittsburgh (URA), massive demolition and redevelopment projects transformed the city, backed politically by Lawrence and financially by Mellon and his companies. Richard King Mellon (June 19, 1899 – June 3, 1970), commonly known as R.K., was an American financier, general, and philanthropist from the Pittsburgh suburb of Ligonier, Pennsylvania. 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