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The Andreww. Mellon Foundation The Andrew W. Mellon Foundation Report 1969 Manufactured in the United States ofAmerica 1969 The Andrew W. Mellon Foundation Report fromJanuary 1, 1969 through December31, 1969 140 East 62nd Street, New York, New York 10021 AILSA MELLON BRUCE igol - 1969 Trustees William 0. Baker Paul Mellon G. Lauder Greenway Nathan M. Pusey Charles S. Hamilton, Jr. Stoddard M. Stevens Officers Charles S. Hamilton, Jr. President Albert O'B. Andrews Vice President and Secretary KennethJ. Herr Treasurer andAssistant Secretary General Counsel Sulivan & Cromwell 7 O N June 30, I969 Old Dominion Foundation was mergedinto Avalon Foundation and the name ofthe latter changed to The Andrew W. Mellon Foundation. This then is the first Annual Report ofthe Foundation under its present name. Avalon Foundation was founded by Ailsa Mellon Bruce on Decem- ber 26, I940 as a common law charitable trust. In I954 it was incorporated under the Membership Corporations Law ofthe State ofNew York. Old Dominion Foundation had been established in I94I by Paul Mellon under the laws ofthe Commonwealth ofVirginia. The two individuals were the children ofAndrew W. Mellon who served as Secretary ofthe Treasury from I92I to I932, and subsequently as Ambassador to the Court of St. James s. At December 3I, I969 total assets ofThe Andrew W. Mellon Foun- dation approximated $233,828,072 at market value and $220,3I4,I9I at book value. Net income for the year available for grants, on a combined basis, amounted to $Io,875,62I, and grants paid during the year totalled $II,4I3,274. Since the formation of the Foundation in I940, it and Old Dominion Foundation have appropriated a total of $I65,389,382 for philanthropic purposes, ofwhich $I59,I38,849 had been paid as ofthe end of I969. Ailsa Mellon Bruce died on August 25, I969. She had served as a TrusteeoftheFoundation sinceitsformation, andhadbeen amostgenerous benefactor to it and to many other philanthropic causes. Seeking only anonymity in her giving, her generosity brought aid and comfort to many others and constituted philanthropy in its finest sense. The Foundation has remainder interests in certain trusts established by Mrs. Bruce during her lifetime and is the residuary legatee under her 8 will. It is expected that pursuant to these instruments substantial distribu- tions will be received by the Foundation during the current year. The information set forth in this Annual Report is presented on a basis which combines the operations of Avalon Foundation and Old Dominion Foundation during the period oftheir separate existence in I969 to June 30th with the operations ofThe Andrew W. Mellon Foundation forthebalance oftheyearunderreview. Inthelisting ofgrants,accordingly, no distinction is drawn as between donors of the grants. The financial statements contained herein are similarly presented on such a combined basis. The Foundation does not make grants to individuals. It has no prescribed forms of application for grants, and usually a reasonably de- scriptive letter is sufficient to determine whether further investigation seems warranted. Both the status of the applicant and the status of any possible grant which may be made by the Foundation will necessarily in- volve consideration of the provisions of the Tax Reform Act of I969 relating to foundations. Prospective applicants would, therefore, be well advised to familiarize themselves with such provisions ofthe Act as may be pertinent. There follows a brief summary of certain selected grants made during the year under review. There is appended to this Report a detailed list of all appropriations made and grants paid during the year, together with the relevant financial statements. CHARLES S. HAMILTON, JR. President May 1, 1970 9 Summaries ofCertain Selected Grants EDUCATION The American Association of Theological Schools in the United States and Canada, Inc., Dayton, Ohio-$450,000ingeneralsupport for the Association which, among other things, functions as the official accrediting agency for graduate and professional theological education. American FieldService, Inc., New York, N.Y.-$ioo,ooo for scholarship purposes, in support of the Service's international educational exchange program for high school students. American School inLondon Foundation, Inc., New York, N.Y. -$200,000 towardtheconstructionofalibraryatthe School, whichprovides education for young Americans living in England. Clare College, Cambridge, England-$200,000 for the purpose of in- creasing the endowment for fellowships at Clare Hall, a Centre for Ad- vanced Scholars established by the College. Educational Broadcasting Corporation, New York, N.Y.-$ioo,ooo for the general support ofthe Corporation, which operates New York City's first educational television station. The Fundfor Theological Education, Inc., Princeton, N.J.-$i5o,ooo in support of the Fund's Trial Year Fellowships Program and Ministerial Recruitment Programs, both designed to acquaint men and women with church-related careers. Harvard University, Cambridge, Mass.-$i,ooo,ooo toward the endow- ment ofthe Center for Hellenic Studies, in Washington, D.C. The Center, which was established in I96I with the assistance ofthe Foundation, pro- vides fellowships and publication assistance to advance teaching and research in classical Greek culture and the Hellenic tradition. Institute for Philosophical Research, Chicago, III.-$i5o,ooo for the general support of the Institute, which was established to analyze and 10 clarify Western thought on subjects of continuing philosophical interest from ancient Greece to the present day. Smith College, Northampton, Mass.-$5oo,ooo towardtheconstruction ofa new Center for the Fine Arts to provide facilities for the Department ofArt and the Museum ofthe College. Tougaloo College, Tougaloo, Miss.-$ioo,ooo to aidintheconstruction ofa new library building. Tulane University, New Orleans, La.-$ioo,ooo toward the construc- tion ofa new Science Center which willhouse the departments ofbiology, psychology, chemistry, physics and mathematics. The Virginia Foundatiott for Independent Colleges, Lynchburg, Va. $25o,ooo to provide support over a three-year period for the Foundation's program ofdeveloping financial aid from the business community for its twelve member colleges. The Woodrow Wilson National Fellowship Foundation, Princeton, N.J. -$i5o,ooo in support ofthe Foundation's First Year Graduate Fellowship Program, which provides financial assistance to graduate students seeking careers in college-level teaching ofthe humanities and social sciences. Yale University, New Haven, Conn.-$750,000 to endow a professor- ship in honor ofthe late William C. DeVane, Dean ofYale College for 2S years. The holders of the professorship will be responsible for devising courses to convey the essence oftheir specialties to nonspecialists. HEALTH AND MEDICINE Affiliated Hospitals Center, Inc., Boston, Mass.-$5oo,ooo to aid in the construction of a proposed new unified hospital and medical facility to house the Boston Hospital for Women, the Peter Bent Brigham Hospital and the Robert B. Brigham Hospital, all teaching hospitals of Harvard Medical School. American Friends Service Committee, Inc., Philadelphia, Pa.-$I75,000 in support ofthe Committee's family planning program in Latin America, initiated with a grant from the Foundation in I965. 11 Blood Research Institute, Inc., Boston, Mass.-$ioo,ooo to assist in acquiring and renovating a building to house the Institute which is in- volved in a wide variety of projects covering biochemical research on blood. Duke University Medical Center, Durham, N.C.-$2oo,ooo to aid in the construction of a new classroom facility for the Center's School of Nursing, which offers a four-year baccalaureate program. Harvard University, Cambridge, Mass.-$250,000 to the School of Public Health toward theconstruction ofaneweducational facilitiesbuild- ing, which will enable the School to expand its enrollment. HealthResearch, Inc.,Buffalo, N.Y.-$2oo,oootowardtheconstruction ofachemo-therapy-pharmacology building attheRoswellParkMemorial Institute, a major cancer research and treatment center. Knickerbocker Hospital, New York, N.Y.-$ioo,ooo for emergency support ofthe Hospital, one ofthe first voluntary hospitals established in New York City. The Menninger Foundation, Topeka, Kan.-$25o,ooo to aid in the construction of a children's clinic building adjacent to the Children's Hospital operated by The Menninger Foundation for the treatment of emotionally disturbed young people. National Medical Fellowships, Inc., Downers Grove, III.-$ioo,ooo for the purpose ofsupporting the organization's scholarship program which assists black students seeking medical careers. The New York Institutefor the Education oftheBlind, New York, N.Y.- $2oo,ooo to aid in the construction ofa new Diagnostic Clinic and Edu- cational Center for multi-handicapped blind children. NewYork University MedicalCenter-Institute ofRehabilitation Medicine, New York, N.Y.-$i5o,ooo in support ofresearch activities in the field of hypertension and stroke. Planned Parenthood Federation of America, Inc., New York, N.Y.- $ioo,ooo to continue support of the organization's program of family planning assistance in the southeastern states. The Population Council, New York, N.Y.-$300,000 for the general 12 support ofthe Council which serves as a clearing house for information in the field ofpopulation studies and stimulates research, training and con- sultation in this area. St. Vincent's Hospital and Medical Center, New York, N.Y.-$20o,ooo toward the construction
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