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. Goldman Sachs Philanthropy Fund 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 12/2021, Goldman Sachs Philanthropy Fund generated $2.6b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $3.2b during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Goldman Sachs Philanthropy Fund has awarded 18,553 individual grants totaling $8,128,018,440. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENCOURAGE AND PROMOTE PHILANTHROPY AND CHARITABLE GIVING.

Describe the Organization's Program Activity:

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, 2021, THE ORGANIZATION MADE APPROXIMATELY 19,500 GRANTS TOTALING APPROXIMATELY $3,150,292,000 TO CHARITABLE ORGANIZATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stellar Technology Solutions
Software Provider
$436,554
Goldman Sachs Co Llc
Investment Advisory
$3,897,678
Patterson Belknap Webb Tyler Llp
Legal Services
$491,497
The Ayco Company Lp
Admin/invst Advisory
$886,825
The Goldman Sachs Trust Company Na
Inv Advis/trust Svcs
$11,778,847
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$2,125,065,135
Noncash contributions included in lines 1a–1f $1,102,723,608
Total Revenue from Contributions, Gifts, Grants & Similar$2,125,065,135
Total Program Service Revenue$0
Investment income $150,189,575
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $280,336,913
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,555,591,623

Grants Awarded

Over the last fiscal year, Goldman Sachs Philanthropy Fund has awarded $3,139,626,962 in support to 5,029 organizations.

Grant RecipientAmount

NATIONAL PHILANTHROPIC TR

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: COMMUNITY & HUMAN SERVICES

$1,144,145,476

SILICON VALLEY COMMUNITY FOUNDATION

Org PageRecipient Profile

Mountain View, CA

PURPOSE: COMMUNITY & HUMAN SERVICES

$430,025,000

NATIONAL PHILANTHROPIC TR

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: COMMUNITY & HUMAN SERVICES

$330,186,143

BLUE MERIDIAN PARTNERS INC

Org PageRecipient Profile

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$93,642,000

THE LELAND STANFORD JUNIOR UNIVERSITY

Org PageRecipient Profile

Redwood City, CA

PURPOSE: EDUCATION

$42,283,200

Oakland, CA

PURPOSE: EDUCATION

$37,826,122
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 32 grants that Goldman Sachs Philanthropy Fund has recieved totaling $160,297,989.

Awarding OrganizationAmount
Dechomai Foundation Inc

Jacksonville, FL

PURPOSE: unrestricted

$86,196,255
Aramont Charitable Foundation

Los Angeles, CA

PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES

$18,690,938
Aramont Charitable Foundation

Los Angeles, CA

PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES

$16,069,121
2040 Foundation Inc

Charlotte, NC

PURPOSE: Support of Community Initiatives

$10,167,500
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$7,768,427
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$7,272,741
View Grant Recipient Profile

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