PITTSBURGH, Sept. 3, 2014 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has awarded $550,000 in grants to eight Pittsburgh-area nonprofit organizations. The grants were approved during the BNY Mellon Foundation of Southwestern Pennsylvania's summer meeting.
"Our philanthropic focus is on helping people in need by concentrating on basic needs and workforce development opportunities, and we are committed to investing in organizations that share our mission," said James P. McDonald, BNY Mellon's director of global philanthropy. "Our community partners provide critical services to the most vulnerable populations in the region and help strengthen our local communities."
The grant recipients are:
BNY Mellon partners with nonprofits to improve the social and economic conditions where it does business and in the communities where its employees live and work. Learn more about the company'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 June 30, 2014, BNY Mellon had $28.5 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.
SOURCE BNY Mellon