The Andrew W. Mellon Foundation, established in 1969 and headquartered in New York City, is dedicated to promoting a rich cultural heritage through its philanthropic efforts. The foundation primarily focuses on the arts, humanities, education, and higher learning, providing significant grants to institutions that foster innovation and excellence in these fields.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MELLON 0.95% 2027-08-01 USDThe Andrew W. Mellon Foundation | United States | 2027-08-01 | 0.947 | 3.68 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
As a prominent entity in the nonprofit sector, The Andrew W. Mellon Foundation has issued bonds since its inception, with notable issuances supporting various cultural and educational projects across the United States. In 2021, the foundation issued a $50 million bond to finance its initiatives, with yields aligning closely with the industry's average for similar high-grade bonds. The fund's commitment to providing lasting support to the arts has led to a strong track record, making its bond offerings a vital component of its sustainability and impact strategy.