The Goldman Sachs Foundation is a New York-based private foundation and subsidiary of the financial services firm Goldman Sachs. Established in 1999 with an initial asset base of $200 million, the Foundation operates as one of the world's largest corporate foundations. It functions as the philanthropic arm of Goldman Sachs, focusing on local economic growth and opportunity through investments in entrepreneurship, education, and health globally.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$690.5M
+6.5% YoY
Annual Giving
$40.3M
-10.2% YoY
Grant Count
42
-55.3% YoY
Avg Grant Size
$960K
+100.9% YoY
Mission & Focus Areas
The Foundation's mission centers on bettering humanity worldwide, with particular emphasis on health and education. The Foundation's principal philanthropic initiatives are:
10,000 Women — Fosters shared economic growth by providing 10,000 underserved women around the world with business and management education, mentoring and networking, and access to capital. The Foundation awards grants to business schools and universities in the United States, Europe, business schools in developing and emerging economies, and research and development organizations.
10,000 Small Businesses — Helps entrepreneurs create jobs and economic opportunity through access to education, capital, and business support services. The Foundation awards grants to community colleges, universities, and community and business development organizations.
Grantmaking
Between 2008 and 2013, the Foundation distributed approximately $1.6 billion in grants.
Grant Range
s & Activity:**
Average Grant
$453,000–$477,713
How to Apply
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Geographic Focus
Where this funder awards grants
- 10,000 Women: Global reach, with focus on developing and emerging economies
- 10,000 Small Businesses: National focus within the United States
- Community Development: Local focus in New York City, New Jersey, and Utah
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Current Assets & Revenue (2024):
- Total assets: $690 million
- Revenue: $96 million
- Expenses: $45.5 million
- Total liabilities: $45.7 million
Prior Year Data (2023):
- Fair market value of assets: $648.2 million
Tax Status:
- EIN: 31-1678646
- Tax-exempt since December 1999
- Designated as 501(c)(3) organization
- Category: Corporate Foundations (NTEE code T21)
- Required to file Form 990-PF
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $690,470,487 | $648,213,335 | $631,430,612 |
| Revenue | $95,978,727 | $-1,397,309 | $19,228,494 |
| Expenses | $45,451,305 | $57,878,286 | $81,981,813 |
| Qualifying Distributions | $51,002,812 | $53,515,798 | $76,390,669 |
| Net Investment Income | $65,047,242 | $7,182,816 | $8,300,374 |
| Distributable Amount | $31,569,247 | $30,507,929 | $33,114,258 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
242 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Chairman and CEO: John F. W. Rogers
- President: Asahi Pompey
- Board Directors: Peter M. Fahey, Lawton Fitt, Robert J. Katz
The Foundation's initial president, serving through January 2010, was Stephanie Bell-Rose, who came from a background with the Andrew W. Mellon Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN F W ROGERS | DIRECTOR | 1 | — |
| MUNEER SATTER | DIRECTOR | 1 | — |
| LAWTON FITT | DIRECTOR | 0.5 | — |
| ROBERT J KATZ | DIRECTOR | 0.5 | — |
| DAVID J GREENWALD | DIRECTOR | 0.5 | — |
| ASAHI POMPEY | PRESIDENT | 2 | — |
| BENJAMIN J RADER | GENERAL COUNSEL AND SECRETARY | 12 | — |
| EMMETT C ST JOHN | TREASURER AND CHIEF FINANCIAL OFFICER | 10 | — |
| CHARLOTTE KEENAN | VICE PRESIDENT | 32 | — |
| THOMAS MORIN | VICE PRESIDENT | 35 | — |
| JESSICA TAYLOR | VICE PRESIDENT | 32 | — |
| ANNE WELLDE | VICE PRESIDENT | 36 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has announced major grants to groundbreaking programs and continues active grantmaking through its signature initiatives. Recent activity includes the Goldman Sachs Analyst Impact Fund, which awarded $250,000 in charitable grants, and support for career readiness programs in New York City through partnerships focused on food education and workforce development.
Goldman Sachs One Million Black Women: Black in Business 2026 ...The Foundation also launched the One Million Black Women initiative, demonstrating expansion of its commitment to economic opportunity for underrepresented populations.
Goldman Sachs One Million Black Women: Black in Business 2026 ...Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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