Goldman Sachs Charitable Gift Fund

Organization Overview

Goldman Sachs Charitable Gift Fund, operating under the name Goldman Sachs Gives, is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldman Sachs Gives is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Goldman Sachs Gives generated $257.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $250.7m during the year ending 06/2022. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Goldman Sachs Gives has awarded 9,782 individual grants totaling $768,579,933. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE GOLDMAN SACHS CHARITABLE GIFT FUND ("GOLDMAN SACHS GIVES") IS A DONOR-ADVISED FUND AVAILABLE TO CURRENT AND RETIRED SENIOR EMPLOYEES OF GOLDMAN SACHS. GOLDMAN SACHS GIVES MAINTAINS DONOR ADVISED ACCOUNTS FROM WHICH DONORS AND DONOR ADVISORS CAN RECOMMEND GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. GOLDMAN SACHS GIVES IS COMMITTED TO FOSTERING INNOVATIVE IDEAS, SOLVING ECONOMIC AND SOCIAL ISSUES, AND ENABLING PROGRESS IN UNDERSERVED COMMUNITIES GLOBALLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OTHE GOLDMAN SACHS CHARITABLE GIFT FUND ("GOLDMAN SACHS GIVES") ACCOMPLISHES ITS CHARITABLE PURPOSES BY RECEIVING CHARITABLE CONTRIBUTIONS AND MAKING GRANTS EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL OR RELIGIOUS PURPOSES, PRIMARILY TO ORGANIZATIONS DESCRIBED IN SECTION 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). THE ORGANIZATION OPERATES AS A "SPONSORING ORGANIZATION" WITHIN THE MEANING OF CODE SECTION 4966 AND MAINTAINS DONOR ADVISED FUNDS. FOR THE FISCAL YEAR ENDING JUNE 30, 2021, THE ORGANIZATION MADE APPROXIMATELY 8,400 GRANTS TOTALING $250 MILLION; APPROXIMATELY $63 MILLION WAS MADE EXCLUSIVELY FOR NEED BASED SCHOLARSHIPS, FINANCIAL AID AND OTHER EDUCATIONAL PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Charities Aid Foundation America
Grant Administration
$217,277
Stellar Technology Solutions Llc
Information Technology
$157,430
Pricewaterhousecoopers Llp
Audit Services
$134,215
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$246,717,022
Noncash contributions included in lines 1a–1f $214,247,359
Total Revenue from Contributions, Gifts, Grants & Similar$246,717,022
Total Program Service Revenue$0
Investment income $4,432,995
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,014,134
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $257,164,151

Grants Awarded

Over the last fiscal year, Goldman Sachs Charitable Gift Fund has awarded $225,350,721 in support to 2,488 organizations.

Grant RecipientAmount

COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

Org PageRecipient Profile

New York, NY

PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC

$3,682,250

New Haven, CT

PURPOSE: SCHOLARSHIPS & FINANCIAL AID

$3,317,054

UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC

Org PageRecipient Profile

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$3,153,390

TRUSTEES OF THE LAWRENCEVILLE SCHOOL

Org PageRecipient Profile

Lawrenceville, NJ

PURPOSE: SCHOLARSHIPS & FINANCIAL AID

$2,475,000

ROBIN HOOD FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$2,341,678

Durham, NC

PURPOSE: SCHOLARSHIPS & FINANCIAL AID

$2,241,878
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Goldman Sachs Charitable Gift Fund has recieved totaling $405,219.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$200,000
The Jpb Foundation

New York, NY

PURPOSE: THE ROMINGER FAMILY FUND

$100,000
Robert M Conway Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$78,505
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$15,198
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$9,522
Robert M Conway Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$1,246
View Grant Recipient Profile

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