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In time, the family holdings came to include, in addition to the bank, substantial blocks of stock in Gulf Oil and Alcoa, among other companies. By 1957, when Fortune magazine tried to brothersister rank the largest fortunes in America, four Mellons, including Scaife's mother, Sarah Mellon Scaife, were listed among the top eight. In 1965, when his widowed mother died, Richard Scaifein his early thirties, married, and the father of the first of two childrenhad no real career. After flunking out of Yale (he later finished at the University of Pittsburgh), Scaife had followed in the footsteps of his father, brothersister a retiring man from a local industrial family, and been given a variety of titles but little real power in several Mellon enterprises. Just looking after his personal affairs could have become a full-time job. After his mother's death, Scaife began to take an increasingly active role in the family's philanthropic activities. Scaife family entities currently engaged in giving money to charity include the Sarah Scaife Foundation, set up by Scaife's mother; the Allegheny and Carthage Foundations, set up by Scaife; and the Trust for Sarah Mellon Scaife's Grandchildren (who number only Scaife's two, because Cordelia Scaife May has none).
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