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| − | '''Andrew W. Mellon''' (1855-1937), American Secretary of the Treasury 1921-1932, American ambassador to Great Britain 1932-1933, co-endower and co-eponym of Carnegie Mellon University, art collector, financier and philanthropist, founder and endower National Gallery of Art. | + | '''Andrew W. Mellon''' (Pittsburgh 1855 - 1937), American Secretary of the Treasury 1921-1932, American ambassador to Great Britain 1932-1933, co-endower and co-eponym of Carnegie Mellon University, art collector, financier and philanthropist, founder and endower National Gallery of Art. |
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| | He was appointed Secretary of the Treasury by President [[Warren G. Harding]] in 1921. | | He was appointed Secretary of the Treasury by President [[Warren G. Harding]] in 1921. |
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| | <blockquote style="background: #F9F9F9; border: 1px solid #AAAAAA; padding: .3em;"> | | <blockquote style="background: #F9F9F9; border: 1px solid #AAAAAA; padding: .3em;"> |
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| | + | ''His theory was that big business would prosper in proportion to the lightening of its tax load and its profit, would be transferred to the rest of the nation.''<ref>[http://www.treas.gov/education/history/secretaries/awmellon.shtml Mellon's philosophy.] </ref> </blockquote> |
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| − | | + | Mellon ranked, at the time, as one of the richest people in the world. |
| − | ''His theory was that big business would prosper in proportion to the lightening of its tax load and its profit, would be transferred to the rest of the nation.''<ref>[http://www.treas.gov/education/history/secretaries/awmellon.shtml Mellon's philosophy.] </ref> </blockquote>
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| | The Andrew W. Mellon Foundation was formed on June 30, 1969. The Foundation philosophy is to build, strengthen and sustain institutions and their core capacities. | | The Andrew W. Mellon Foundation was formed on June 30, 1969. The Foundation philosophy is to build, strengthen and sustain institutions and their core capacities. |