September 26, 2016 8:42 PM ET

Diversified Financial Services

Company Overview of Andrew W. Mellon Foundation, The

Company Overview

The Andrew W. Mellon Foundation is a not-for-profit foundation with $4.8 billion assets under management. The foundation focuses on higher education, museums and art conservation, performing arts, population, conservation and environment, and public affairs. It was founded in 1969 and is based in New York City.

140 East 62nd Street

New York, NY 10021

United States

Founded in 1969

Phone:

212-838-8400

Fax:

212-223-2778

Key Executives for Andrew W. Mellon Foundation, The

President
Age: 75
Senior Vice President
Vice President for Liberal Arts Colleges Program
General Counsel and Secretary
Program Officer for the Performing Arts
Compensation as of Fiscal Year 2016.

Andrew W. Mellon Foundation, The Key Developments

Andrew W. Mellon Foundation promotes Mariet Westermann to Executive Vice President for Programs and Research

Andrew W. Mellon Foundation announced that Mariet Westermann has been promoted to Executive Vice President for Programs and Research. In this new position, she will play an expanded role in the formulation and implementation of key strategic directions. She will, for example, co-lead new research initiatives on problems that are central to the Foundation's mission. Ms. Westermann, who joined Mellon as Vice President in 2010, will continue to direct the Foundation's grantmaking programs while working closely with the president and her fellow officers. Prior to joining the Foundation, Ms. Westermann was the first provost and chief academic officer of New York University Abu Dhabi, charged with directing the development of the new campus and overseeing the design of the academic program and recruitment of the faculty. Earlier in her career, she served as director and Paulette Goddard Professor at the Institute of Fine Arts at NYU and held positions as associate director of research and academic programs at the Clark Art Institute and as assistant and associate professor at Rutgers University.

The Andrew W. Mellon Foundation Announces Board Appointments

The Andrew W. Mellon Foundation has announced the election of Jane Mendillo and L. Rafael Reif to its Board of Trustees. Jane Mendillo served as President and Chief Executive Officer of Harvard Management Company (HMC) since July 1, 2008. She returned to HMC after serving as Chief Investment Officer of Wellesley College from 2002-2008. Prior to Wellesley, she spent 15 years at HMC, where her responsibilities included oversight of all of the portfolio's outside-managed assets as Vice President of External Management, after serving as a key member of the Internal Equity and Private Equity management teams. Ms. Mendillo serves as a member of the Board of Directors for both the Boston Foundation and the Berklee College of Music, as well as on the Investment Committee at Partners Healthcare. L. Rafael Reif has served since July 2012 as 17th President of the Massachusetts Institute of Technology (MIT). An MIT faculty member since 1980, Dr. Reif directed MIT's Microsystems Technology Laboratories and headed the Department of Electrical Engineering and Computer Science. Dr. Reif is a member of the National Academy of Engineering and the American Association for the Advancement of Science.

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