Investment Intern

Mellon Foundation 

The Mellon Foundation (“Foundation”) believes that the arts and humanities are where we express our complex humanity, and we believe that everyone deserves the beauty, transcendence, and freedom to be found there. Through our grants, we seek to build just communities enriched by meaning and empowered by critical thinking, where ideas and imagination can thrive. The Foundation makes grants in four core program areas - Higher Learning, Arts and Culture, Public Knowledge, and Humanities in Place - and through its signature Presidential Initiatives. The Foundation seeks an Investment Intern for our Investment department. 

The Foundation is seeking an Investment Intern to work with the Investment Team during a 10-week intensive program. The Investment Team is responsible for managing the Foundation’s endowment which comprises ~$8 billion in assets across public and private investments. This is an in-person internship in our New York City offices. The Investment Intern will support a range of projects throughout their time at the Foundation and will gain exposure to a wide spectrum of investment opportunities and asset classes.

Responsibilities may include, but will not be limited to the following:  

• Perform rigorous quantitative and qualitative analyses of existing and prospective investment managers
• Attend and take notes at meetings with investment managers across a variety of strategies
• Participate in special projects at the asset class or portfolio level
• Assist with performance and risk reporting
• Analyze financial statements, capital calls, distributions, correspondence, and legal documents
• Provide general support to investment team members

• Completion of sophomore year by May 2027 at an undergraduate institution with expected 2029 graduation
• Strong academic background, including quantitative coursework
• Outstanding analytical, organizational and communication skills
• Ability to work independently, prioritize projects, multi-task, and collaborate on a team
• A compelling interest in and knowledge of the financial markets
• Proficiency in Microsoft Office applications, including advanced Excel skills
• Commitment to the Foundation’s mission and high level of professionalism

Mellon Foundation is an equal opportunity employer. The estimated salary range for this role is $27 - $30 per hour. The amount of pay offered will be determined by several factors, including but not limited to qualifications, unique skills, credentials, or experience that is expected to impact the candidate’s contribution to the role. We will also consider market data as well as the Foundation’s internal pay equity framework.

Please note that Mellon maintains a hybrid work schedule, with three days per week in person at the Foundation’s Manhattan offices.

Candidates should apply by submitting a cover letter that describes their fit for the position, along with a resume, by Friday, January 8, 2027. Applications will be reviewed on a rolling basis, so early submissions are encouraged and the listing will be closed when the position is filled. Please note that incomplete applications will not be considered.

The Foundation will consider each complete application carefully but only contact those individuals it believes are most qualified for the position.