Goldman Sachs Philanthropy Fund

Organization Overview

Goldman Sachs Philanthropy Fund is located in New York, NY. The organization was established in 2001. 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.

For the year ending 12/2019, Goldman Sachs Philanthropy Fund generated $3.8b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $1.7b during the year ending 12/2019. While expenses have increased by 39.7% per year over the past 5 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 2017, Goldman Sachs Philanthropy Fund has awarded 9,043 individual grants totaling $3,429,015,493. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

ENCOURAGE AND PROMOTE PHILANTHROPY AND CHARITABLE GIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GOLDMAN SACHS PHILANTHROPY FUND ("GSPF") ACCOMPLISHES ITS CHARITABLE PURPOSES BY RECEIVING CHARITABLE CONTRIBUTIONS AND MAKING GRANTS EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL 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 YEAR ENDED DECEMBER 31, 2019, THE ORGANIZATION MADE APPROXIMATELY 14,200 GRANTS TOTALING APPROXIMATELY $1,726,842,132 TO CHARITABLE ORGANIZATIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Goldman Sachs Co Llc
Investment Advisory
$1,056,834
The Goldman Sachs Trust Company N
Inv Advis/trust Svcs
$7,647,621
Patterson Belknap Webb Tyler Llp
Legal Services
$501,374
Stellar Technology Solutions Llc
Software Provider
$1,293,113
Ayco Company Lp
Administrative Svcs
$628,261
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$3,570,160,540
Noncash contributions included in lines 1a–1f $2,720,396,686
Total Revenue from Contributions, Gifts, Grants & Similar$3,570,160,540
Total Program Service Revenue$0
Investment income $151,062,062
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,671,397
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,764,893,999

Grants Awarded

Over the last fiscal year, Goldman Sachs Philanthropy Fund has awarded $1,717,691,723 in support to 3,546 organizations.

Grant RecipientAmount

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: COMMUNITY & HUMAN SERVICES

$465,389,440

CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

PURPOSE: RELIGIOUS

$154,207,454

Oakland, CA

PURPOSE: EDUCATION

$68,134,049

SCHWAB CHARITABLE FUND

Org PageRecipient Profile

San Francisco, CA

PURPOSE: COMMUNITY & HUMAN SERVICES

$58,577,463

SILICON VALLEY COMMUNITY FOUNDATION

Org PageRecipient Profile

Mountain View, CA

PURPOSE: COMMUNITY & HUMAN SERVICES

$35,045,750

BLUE MERIDIAN PARTNERS INC

Org PageRecipient Profile

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$26,405,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 16 grants that Goldman Sachs Philanthropy Fund has recieved totaling $4,036,201.

Awarding OrganizationAmount
Mirowsky Family Foundation Inc

Chestnut Hill, MA

PURPOSE: GENERAL

$819,000
Mark And Mary Ann Kaufman Foundation

Chicago, IL

PURPOSE: GENERAL PURPOSES

$750,000
Mark And Mary Ann Kaufman Foundation

Chicago, IL

PURPOSE: GENERAL PURPOSES

$750,000
Nevada Community Foundation Inc

Las Vegas, NV

PURPOSE: CHARITABLE

$269,361
Lasalle Adams Fund

New York, NY

PURPOSE: GENERAL

$191,898
Lasalle Adams Fund

New York, NY

PURPOSE: GENERAL

$191,898
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Pew Charitable Trusts
Philadelphia, PA
$346,765,756
Ayco Charitable Foundation
Cohoes, NY
$265,174,809
Goldman Sachs Charitable Gift Fund
New York, NY
$263,656,612
Mother Cabrini Health Foundation
New York, NY
$547,285,904
Kars 4 Kids Inc
Lakewood, NJ
$95,691,338
Bny Mellon Charitable Gift Fund
Boston, MA
$114,515,572
Donors Fund Inc
Lakewood, NJ
$27,000,911
Roswell Park Alliance Foundation
Buffalo, NY
$26,518,336
Boston Charitable Trust Fund
Boston, MA
$31,296,432
Greater Hartford Community Foundation Inc
Hartford, CT
$19,831,812
Harlem Rbi Incorporated
New York, NY
$22,268,250
Freedom Fund
Brooklyn, NY
$16,398,424

Create an account to unlock the data you need.

or