R.K. Mellon Foundation gives $9 million to Promise fund The Richard King Mellon Foundation this morning announced it will give the Pittsburgh Promise college scholarship program $9 million over three years.
With the first $3 million installment of that gift, the Promise's fund-raising total for the school year is about $11.5 million. In all, the program must raise $15 million by June 30 to leverage the first $10 million of a $90 million challenge grant from University of Pittsburgh Medical Center.
The Promise awards scholarships to graduates of the Pittsburgh Public Schools and city charter schools.
Thursday, February 26, 2009
More money for the Pittsburgh Promise isn't going un-noticed.