Alex Daniels is a staff writer for The Chronicle of Philanthropy. The Chronicle of Philanthropy, also published by The Chronicle, serves leaders, fund raisers, grant makers, and others involved in the philanthropic enterprise, including those in university development and advancement. See more of The Chronicle of Philanthropy’s coverage on philanthropy.com.
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Philanthropy
The new grant-making strategy will be accompanied by an increase in spending. Mellon plans to make $500 million in grants this year, an increase of $200 million over its planned budget.