Richard Beatty Mellon (March 19, 1858–December 1933), sometimes R. B. , was a banker, industrialist, and philanthropist from Pittsburgh, Pennsylvania. The Commonwealth of Pennsylvania ( often colloquially referred to as PA (its abbreviation by natives and Northeasterners is a state located in the Northeastern
He and his brother, Andrew W. Mellon, another son of Judge Thomas Mellon, were frequent business partners. Andrew William Mellon ( March 24 1855 &mdash August 27 1937) was an American banker industrialist philanthropist art collector Thomas Alexander Mellon ( February 3, 1813 – February 3, 1908) was an Irish - American Entrepreneur, Lawyer Richard under Andrew at Mellon Bank, and assumed its presidency in 1921 when Andrew was appointed Treasury Secretary. Mellon Financial Corporation, ( was one of the world's largest money management firms The United States Secretary of the Treasury is the head of the United States Department of the Treasury, concerned with finance and monetary matters, and until They also made several philanthropic gifts jointly, notably the 1913 establishment of the Mellon Institute of Industrial Research in memory of their father, now a part of Carnegie Mellon University. Mellon Institute of Industrial Research, founded in 1913 by Andrew W Carnegie Mellon University (also known as CMU) is a private Research University in Pittsburgh, Pennsylvania, United
R. B. served from 1899-1910 as president of the Pittsburgh Reduction Company, renamed the Aluminum Company of America (Alcoa) in 1907, and was heavily invested in the Pittsburgh Coal Company, today part of CONSOL Energy, where he infamously clashed with John L. Lewis and the United Mine Workers. Alcoa Inc ( is the world's third largest producer of Aluminum, behind Rio Tinto Alcan and Rusal. CONSOL Energy Inc is the largest producer of high- BTU Bituminous coal in the United States. John Llewellyn Lewis ( February 12, 1880 &ndash June 11, 1969) was an American leader of organized labor who served as president of Template talkInfobox Union for usage -->The United Mine Workers of America ( UMW or UMWA) is a North [1] Later, he was instrumental in forming Mellbank Corporation, a bank holding company, which helped the affiliated banks weather the Great Depression. [2]
In 1918, R. B. Mellon organized the Citizens' Committee on City Plan, which sought to improve Pittsburgh through better urban planning and zoning. In honor of his civic efforts, the Air and Waste Management Association recognizes individuals who have made administrative, legislative, and judicial contributions to the field of pollution abatement with the Richard Beatty Mellon Award.
Mellon's philanthropic gifts were primarily church-oriented. [3] In 1926 he established a $15 million pension fund for Presbyterian ministers. A pension is a steady income given to a person upon Retirement, typically in the form of a guaranteed annuity. Presbyterianism is a family of Christian denominations within the Reformed branch of Protestant Western Christianity He and his wife Jennie Taylor King were the major donors to the Cathedral of Hope, the new home for the East Liberty Presbyterian Church, which they and their parents had attended. The Cathedral of Hope is the home of the East Liberty Presbyterian Church in the East Liberty neighborhood of the East End of Pittsburgh, Pennsylvania He died before the new building was completed, however, in December of 1933. The $13. 3 million in taxes paid on his estate enabled the state to meet its payroll. [4]
His children Sarah Mellon and her younger brother Richard King Mellon were heirs to the Mellon fortune, alongside their cousins Paul Mellon and Ailsa Mellon-Bruce. Sarah Mellon (1903&ndash1965 was the niece of Andrew W Mellon ( Secretary of the Treasury during the Great Depression) Richard King Mellon ( June 19, 1899 – June 3, 1970) commonly known as R Paul Mellon KBE ( June 11 1907 &ndash February 1 1999) was an American Philanthropist, Thoroughbred racehorse Ailsa Mellon Bruce ( June 28 1901 - August 25, 1969) born in Pittsburgh, was a prominent socialite and the daughter of the banker
References
- ^ Ingham, John N. Biographical Dictionary of American Business Leaders. Greenwood Press, Westport, 1983. ISBN 0313239088
- ^ "Mellon: Our History" at http://www.mellon.com/aboutmellon/history.html, accessed 21 May 2007
- ^ Ingham, Ibid.
- ^ Beers, Paul B. Pennsylvania Politics Today and Yesterday: The Tolerable Accommodation. The Pennsylvania State University Press, University Park, 1980. p. 118. ISBN 0271002387
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