Philanthropy & Cause Initiatives

BNY Mellon Awards $335,000 to Pittsburgh-area Nonprofits

May 8, 2014 2:50 PM ET
Campaign: BNY Mellon: Invested in Our World

PITTSBURGH, May 9, 2014 /3BL Media/ – BNY Mellon, a global leader in investment management and investment services, has awarded $335,000 in grants to six Pittsburgh-area nonprofit organizations. The grants were approved during the BNY Mellon Foundation of Southwestern Pennsylvania’s spring meeting.

“Our community partners are committed to serving the most vulnerable populations in the region and to helping families in need, whether their needs are related to housing, education or securing meaningful employment,” said James P. McDonald, BNY Mellon’s director of global philanthropy. “We continue to invest in these organizations so they can provide critical services that strengthen our communities.

The grant recipients are: 

  • Action Housing Inc. – $60,000 to support the MyPlace affordable housing program for 59 homeless young adults who have aged out of the foster care system;
  • Family House, Inc. – $50,000 to enable the Family Assistance Fund to provide subsidized housing to 233 families whose loved ones are being treated at hospitals in southwestern Pennsylvania;
  • Southwestern Pennsylvania Housing Alliance – $50,000 that will enable the Alliance to expand its program and better address the need for high-quality affordable housing;
  • Extra Mile Education Foundation – $35,000 to support Extra Mile’s financial subsidy program, which provides affordable access to select parochial schools for urban children;
  • Pittsburgh Parks Conservancy – $40,000 that will enable the Conservancy to create a commemorative publication for the rededication of Mellon Square;
  • Three Rivers Workforce Investment Board (TRWIB) – $100,000 to support TRWIB’s Pittsburgh Works workforce development collaborative and WorkReady Pittsburgh summer internship program for low-income high school students.

Learn more about BNY Mellon’s world-wide commitment to social responsibility at www.bnymellon.com/csr.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2014, BNY Mellon had $27.9 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

 

Amy Shipper
BNY Mellon
Corporate Communications
T  212-635-7755
amy.shipper@bnymellon.com

Lane M. Cigna
BNY Mellon Corporate Media Relations
+1 412 234 0575
+1 412 427 2360
Lane.Cigna@bnymellon.com
 

www.bnymellon.com