[12] During the early 1900s, she and her parents and siblings traveled frequently to the Miami, Florida, area, where the family's yacht, the Vagabondia, was often anchored.
[18][19] During the fall of 1924, her family was in the news frequently as her father testified during United States Senate hearings about potential political corruption.
Known at the time as the Borah Committee hearings, the sessions were held to investigate expenditures of more than $3,451,000 that had allegedly been made by the Republican Party to influence voter opinions regarding various issues being debated at the federal level.
According to The Indianapolis Star, "After payment of various bequests, the remainder of the estate [was] placed in trust to be divided equally among Mrs. Mellon's grandchildren."
[27] In addition to ensuring that trust funds would be set up for each of his children in equal amounts after the payment of estate taxes, Mellon directed that $100,000 be given to Rachel Walton's husband, John, and also arranged for $75,000 to be distributed among staff who were employed personally by him at the time of his death.
"[32] Organizations and projects supported by her fund include: In addition, as a major benefactor to the arts, education, medicine, music, nature conservation, and the welfare of women, Walton provided key financial support for the Albert Schweitzer Hospital, founded by her brother, Dr. William Larimer Mellon Jr., in Deschapelles, Haiti, as well as the Walton Hall of Ancient Egypt at the Carnegie Museums of Pittsburgh,[39][40] the Carnegie Mellon Tepper School of Business, and the Women's Center & Shelter of Greater Pittsburgh.
[43] Rachel Mellon Walton, who survived her husband by more than three decades, continued to remain active with her philanthropic work even after becoming a centenarian.