The Goldman Sachs Foundation
Preselected recipients only
The Goldman Sachs Foundation is a private foundation in New York, New York. In tax year 2024 it gave $30.1 million in 42 grants; the typical grant was $593,626 and the largest $4.3 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$30.1 million
- Number of grants42
- Typical grant$593,626
- Largest grant$4.3 million
- Assets$690 million
- New grantees17%
Giving in 2024 was down from $44.5 million the year before.
17% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $44.5 million | 94 | $648 million |
| 2024 | $30.1 million | 42 | $690 million |
How to apply
The Goldman Sachs Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What The Goldman Sachs Foundation funds
Where it gives
Its US grants went to recipients in 22 states, the most to Ohio. It also paid $4.8 million in 4 grants to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| Ohio | 5 | $6.8 million |
| Massachusetts | 2 | $6.0 million |
| New York | 4 | $5.6 million |
| California | 3 | $1.9 million |
| Texas | 2 | $1.7 million |
| Florida | 1 | $1.5 million |
| Maryland | 2 | $1.5 million |
| Utah | 1 | $1.3 million |
| District of Columbia | 2 | $1.2 million |
| Rhode Island | 1 | $1.2 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Jumpstart Inc | Grant to implement one million black women across the nation for black in business. | $4.3 million |
| University of Oxford | Grant to implement the 10,000 small business initiative in the uk. | $3.3 million |
| New York University Stern School of Business | Grant to support the one million black women: black in business initiative nationally | $3.3 million |
| Babson College | Grant to manage and provide oversight of program delivery and the 10,000 small businesses national curriculum across all local partners. | $3.2 million |
| Initiative for A Competitive Inner City | Grant to support the implementation of the 10,000 small business initiative nationally. | $2.9 million |
| Laguardia Community College | Grant to support the 10,000 small businesses initiative in the greater new york area. | $1.6 million |
| Miami Dade College | Grant to support the 10,000 small businesses initiative in the greater miami area. | $1.5 million |
| Cuyahoga Community College Foundation | Grant to support the 10,000 small businesses initiative in the greater cleveland region. | $1.3 million |
| Salt Lake Community College Foundation | Grant to implement 10,000 small businesses initiative in the greater salt lake area. | $1.3 million |
| Community College of Rhode Island | Grant to implement the 10,000 small businesses initiative in the state rhode island. | $1.2 million |
| Long Beach City College | Grant to implement the 10,000 small businesses initiative in the southern california region. | $1.1 million |
| Morgan State University Foundation | Grant to implement the 10,000 small businesses initiative in the greater baltimore area. | $1.1 million |
| Wayne State University | Grant to implement the 10,000 small businesses initiative in the greater detroit area. | $1.1 million |
| Houston Community College System Foundation | To implement the 10,000 small businesses initiative in the greater houston area. | $1.0 million |
| International Finance Corporation | Grant to support the women entrepreneurs opportunity facility to increase access to capital for women. | $975,903 |
| Delgado Community College Foundation | Grant to support the implementation of the 10,000 small businesses initiative in louisiana. | $876,027 |
| University of Leeds | Grant to support the 10,000 women online coursera platform. | $862,761 |
| Community College of Philadelphia Foundation | Grant to implement the 10,000 small businesses initiative in the greater philadelphia area. | $846,685 |
| Dallas College Foundation | Grant to implement the 10,000 small businesses initiative in the greater dallas area. | $697,729 |
| University of Arkansas Pulaski Technical College | Grant to implement 10,000 small businesses across ar and beyond for the rural model. | $643,032 |
| Low Income Investment Fund | Grant to implement one million black women initiative nationwide. | $600,000 |
| Des Moines Area Community College | Grant to support the 10,000 small businesses initiative in iowa. | $587,253 |
| City Colleges of Chicago | Grant to implement the 10,000 small businesses initiative in the greater chicago area. | $584,057 |
| Bismarck State College | Grant to implement 10,000 small businesses in north dakota. | $551,442 |
| Schwab Foundation for Social Entrepreneurship | Grant to support social entrepreneurs in coordination with the world economic forum. | $500,000 |
| Cincinnati State Technical and Community College Foundation | Grant to support the implementation of the 10,000 small businesses initiative in ohio. | $494,208 |
| Grameen America | Grant to implement the one million black women initiative | $450,000 |
| Columbus State Community College Development Foundation Inc | Grant to support the implementation of the 10,000 small business initiative in ohio. | $411,025 |
| Community College of Baltimore County Foundation | Grant to implement the 10,000 small businesses initiative in baltimore county, md. | $365,708 |
| Hope Enterprise Corporation | Grant to support the 10,000 small businesses initiative. | $297,000 |
| Community College System of New Hampshire | Grant to implement 10ksb initiative in new hampshire. | $260,567 |
| Sinclair Community College Foundation | Grant to support 10,000 small businesses initiative in ohio. | $257,756 |
| Brooklyn Public Library Foundation | Grant to implement one million black women in new york. | $250,000 |
| National Coalition on Black Civic Participation | Grant to implement one million black women initiative domestically - fl, al, ga, ms, va, (and dc). | $250,000 |
| Philanthropic Ventures Foundation | Grant to support one million black women nationwide | $250,000 |
| Scholarship America | Contribution to support scholarship program. | $238,500 |
| Bridgevalley Community & Technical College | Grant to implement 10,000 small businesses in west virginia | $235,414 |
| Great Falls College - Montana State University | Grant to implement 10,000 small businesses in montana and extended region. | $229,669 |
| Community Reinvestment Fund | Grant to implement one million black women in new york. | $200,000 |
| Dakota Business Lending | Grant to implement 10,000 small businesses - providing cdfi support. | $150,175 |
Officers and trustees
- John F W Rogers
- Muneer Satter
- Lawton Fitt
- Robert J Katz
- David J Greenwald
- Asahi Pompey
- Benjamin J Rader
- Emmett C St John
- Charlotte Keenan
- Thomas Morin
- Jessica Taylor
- Anne Wellde
Questions people ask
Does The Goldman Sachs Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Goldman Sachs Foundation give?
$30.1 million in tax year 2024, across 42 grants, with a typical grant of $593,626.
Who runs The Goldman Sachs Foundation?
Its 2024 filing lists John F W Rogers (Director), Muneer Satter (Director), Lawton Fitt (Director) and Robert J Katz (Director) among 12 officers and trustees.
What does The Goldman Sachs Foundation fund?
Based on its grants, mainly education, community development and international.