Richard King Mellon Foundation
Private foundation Ligonier, PA rkmf.org Still adding venture funds
Richard King Mellon Foundation reports 116 venture funds, $519M in all; 26 are new since its last report.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 26 funds on this one were not on the one for December 31, 2023.
The numbers
| Vintage | Venture funds |
|---|---|
| 2010 | 2 |
| 2011 | 2 |
| 2012 | 0 |
| 2013 | 5 |
| 2014 | 2 |
| 2015 | 5 |
| 2016 | 4 |
| 2017 | 8 |
| 2018 | 5 |
| 2019 | 9 |
| 2020 | 9 |
| 2021 | 21 |
| 2022 | 10 |
| 2023 | 4 |
| 2024 | 1 |
Updates from Richard King Mellon Foundation
All of Richard King Mellon Foundation’s updates on Hottub VC
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Kleiner, Perkins, Caufield & Byers XVII, LLC New | Kleiner Perkins | 2016 | $21M |
| NFX Capital Fund I, L.P. | NFX Capital Management, LLC | 2017 | $16M |
| Icon Ventures VI, L.P. | — | 2015 | $12M |
| Felicis Ventures V, L.P. New | Felicis | 2016 | $12M |
| Redpoint Omega, L.P. | Redpoint Ventures | — | $11M |
In the app: 111 more venture funds, 10 funds of funds, the 5 firms it pays to manage or advise on its investments. Open Richard King Mellon Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- RK Mellon Family Foundation
- Hillman Family Foundations
- Shear Family Foundation Inc
- Claude Worthington Benedum Foundation
- Howmet Aerospace Foundation
- Alcoa Foundation
- Roy a Hunt Foundation
- Arconic Foundation
15 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.