The Goldman Sachs Foundation
Looking for Goldman Sachs grants for nonprofits? The Goldman Sachs Foundation is Goldman Sachs's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.
The Goldman Sachs Foundation is a private foundation based in New York, NY. Its 2024 grants supported initiatives including small-business development and the One Million Black Women: Black in Business initiative, through grants to organizations in the United States and the United Kingdom.
The Goldman Sachs Foundation at a glance
In short: The Goldman Sachs Foundation gave $40.3M across 42 grants in 2024 (avg $960K), top state Ohio. 7% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $40,306,392
- -10.2% vs 2023
- Grants made (2024)
- 42
- -55.3% vs 2023
- Average grant
- $959,676
- +100.9% vs 2023
- Median grant
- $593,627
- Total assets
- $690,470,487
- +6.5% vs 2023
- New grantees (estimate)
- 7% first-time grantees (3 of 42, 2024)
- Primary geography
- Ohio (17% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Goldman Sachs Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 200 West Street 29Th Floor, New York, NY 10282
Phone: (212) 902-4223
Website: https://www.gs.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Goldman Sachs Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jumpstart Inc ($4.3M). Together the top 10 received $23.8M.
Grant Size Distribution
371 grants across all recorded years
The most common grant size was in the $100–250K range: 114 grants of 371 (31%).
Geographic Focus
Where this funder awards grants
The 2024 grants included support for recipients in multiple states and the United Kingdom. The largest shares of grant dollars by recipient state were Ohio (17%), Massachusetts (15%), and New York (14%); a further 12% was listed under an unidentified state category.
Grant Distribution by State
Share of 2024 grant dollars across all 42 itemized grants.
States
Cities
Is The Goldman Sachs Foundation open to new grantees?
7%
first-time grantees, 2024
In 2024, 3 of 42 grantees (7%) were first-time recipients. First grants averaged $1.3M; repeat grants $936K. How we count
Medians: $235K first-time, $600K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 162% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $34.8M (2021) to $55.2M (2022). In 2024 it made 42 grants totaling $40.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jumpstart Inc Cleveland, OH | Grant to implement one million black women across the nation for black in business. | $4,330,195 |
| University of Oxford | Grant to implement the 10,000 small business initiative in the uk. | $3,348,721 |
| New York University Stern School of Business New York, NY | Grant to support the one million black women: black in business initiative nationally | $3,339,402 |
| Babson College Babson Park, MA | Grant to manage and provide oversight of program delivery and the 10,000 small businesses national curriculum across all local partners. | $3,188,516 |
| Initiative for a Competitive Inner City Roxbury, MA | Grant to support the implementation of the 10,000 small business initiative nationally. | $2,857,092 |
| Laguardia Community College Long Island City, NY | Grant to support the 10,000 small businesses initiative in the greater New York area. | $1,561,647 |
| Miami Dade College Miami, FL | Grant to support the 10,000 small businesses initiative in the greater miami area. | $1,463,773 |
| Cuyahoga Community College Foundation Cleveland, OH | Grant to support the 10,000 small businesses initiative in the greater cleveland region. | $1,313,814 |
| Salt Lake Community College Foundation Salt Lake City, UT | Grant to implement 10,000 small businesses initiative in the greater salt lake area. | $1,270,358 |
| Community College of Rhode Island Warwick, RI | Grant to implement the 10,000 small businesses initiative in the state Rhode Island. | $1,173,804 |
Ready to take the next step with The Goldman Sachs Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation is listed under EIN 31-1678646 and files Form 990-PF.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $690,470,487 | $95,978,727 | $45,451,305 | $40,306,392 | 42 | $51,002,812 | $65,047,242 | $31,569,247 |
| 2023 | $648,213,335 | $-1,397,309 | $57,878,286 | $44,905,032 | 94 | $53,515,798 | $7,182,816 | $30,507,929 |
| 2022 | $631,430,612 | $19,228,494 | $81,981,813 | $55,220,811 | 103 | $76,390,669 | $8,300,374 | $33,114,258 |
| 2021 | $803,747,914 | $101,027,608 | $47,410,666 | $34,824,012 | 57 | $39,249,939 | $218,393,665 | $32,312,759 |
| 2020 | $720,758,772 | $131,861,636 | $49,751,964 | $50,542,563 | 75 | — | $16,554,550 | $26,459,317 |
Under IRS private-foundation payout rules, The Goldman Sachs Foundation reported a distributable amount of $31.6M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2024 grants supported programs including 10,000 Small Businesses and One Million Black Women: Black in Business. Recipients included colleges, universities, foundations, and economic-development organizations.
The grantees describe their own work in a range of ways. JumpStart Inc. says it connects entrepreneurs with opportunities and resources to support economic vitality. Babson College says it educates entrepreneurial leaders who impact communities. The Cuyahoga Community College Foundation says it provides resources to advance student success and transform lives. These are grantees’ descriptions, not the foundation’s stated mission.
Grantmaking
In 2024, the foundation awarded 42 grants totaling $40,306,392. Grant amounts ranged from $50,000 to $4,330,195; the median was $593,626.
Among the largest 2024 grants were $4,330,195 to JumpStart Inc. for the One Million Black Women: Black in Business initiative; $3,348,721 to the University of Oxford for the 10,000 Small Business Initiative in the UK; and $3,339,402 to New York University Stern School of Business for the One Million Black Women: Black in Business initiative. Other notable awards included $3,188,516 to Babson College for oversight and program delivery for 10,000 Small Businesses, and $2,857,092 to the Initiative for a Competitive Inner City to support that initiative’s implementation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Asahi Pompey as president. Directors listed were John F. W. Rogers, Muneer Satter, Lawton Fitt, Robert J. Katz, and David J. Greenwald. Other officers listed were Benjamin J. Rader, general counsel and secretary; Emmett C. St John, treasurer and chief financial officer; and Charlotte Keenan and Thomas Morin, vice presidents.
The Goldman Sachs Foundation is led by Asahi Pompey, President on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Asahi Pompey
President
On filings since 2020
2 hrs/week
No compensation reported
John F. W. Rogers
Director
On filings since 2020
1 hr/week
No compensation reported
Lawton Fitt
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Muneer Satter
Director
On filings since 2020
1 hr/week
No compensation reported
Robert J. Katz
Director
On filings since 2020
0.5 hrs/week
No compensation reported
David J. Greenwald
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Benjamin J. Rader
General Counsel & Secretary
On filings since 2020
12 hrs/week
No compensation reported
Charlotte Keenan
Vice President
On filings since 2020
32 hrs/week
No compensation reported
Emmett C. St John
Treasurer & Chief Financial Officer
Treasurer & CFO → Treasurer & Chief Financial Officer, 2023
On filings since 2020
10 hrs/week
No compensation reported
Thomas Morin
Vice President
On filings since 2020
35 hrs/week
No compensation reported
Jessica Taylor
Vice President
On filings since 2021
32 hrs/week
No compensation reported
Anne Wellde
Vice President
New on the 2024 filing
36 hrs/week
No compensation reported
Former officers (9)
- Former: Anne Wellde Start (2023) — Vice President
- Former: David J. Greenwald Start (2023) — Director
- Former: Peter M. Fahey (2020–2022) — Director · Filing note: Through 112622
- Former: Jenny Malone (2020–2021) — Vice President -
- Former: Cristina Shapiro (2020) — Vice President · Filing note: Through 3420
- Former: Eileen M. Dillon (2020) — Vice President
- Former: Jane Moffat (2020) — Assistant General Counsel & Secretary · Filing note: Through 3220
- Former: Jessica Taylor - Start (2020) — Vice President
- Former: Katherine Jollon (2020) — Vice President · Filing note: Through 8420
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Goldman Sachs Foundation
How much does The Goldman Sachs Foundation give each year?
The Goldman Sachs Foundation gave $40.3M across 42 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $44.9M across 94 grants.
What is The Goldman Sachs Foundation's typical grant size?
The Goldman Sachs Foundation's median grant in 2024 was $593,627, and its average grant was $959,676, across 42 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Goldman Sachs Foundation that year got $1.3M on average.
Where does The Goldman Sachs Foundation give grants?
The Goldman Sachs Foundation's top state is Ohio, with 17% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (15%) and New York (14%). The most frequent recipient cities were Cleveland, OH (2 grants), Baltimore, MD (2 grants), Washington, DC (2 grants) and Philadelphia, PA (2 grants).
Does The Goldman Sachs Foundation give general operating support?
Not in 2024: none of the 42 grants with a stated purpose on The Goldman Sachs Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Goldman Sachs Foundation's largest grantees?
The Goldman Sachs Foundation's largest 2024 grantees include Jumpstart Inc ($4,330,195), University of Oxford ($3,348,721) and New York University Stern School of Business ($3,339,402), according to its 2024 IRS Form 990-PF. Together they received 27% of its itemized 2024 grant dollars.
How large is The Goldman Sachs Foundation?
The Goldman Sachs Foundation reported $690.5M in total assets on its 2024 IRS Form 990-PF. It paid out $51.0M in qualifying distributions that year, against a required minimum of $31.6M (roughly 5% of its investment assets).
What does The Goldman Sachs Foundation fund?
The available information does not state a mission for the foundation. Its 2024 grants supported programs including 10,000 Small Businesses and One Million Black Women: Black in Business. Recipients included colleges, universities, foundations, and economic-development organizations. See mission & focus areas ↑
How do I apply for a grant from The Goldman Sachs Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Goldman Sachs Foundation's EIN?
The Goldman Sachs Foundation's EIN (Employer Identification Number) is 31-1678646. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Goldman Sachs Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Does Goldman Sachs give grants to nonprofits?
Yes. The Goldman Sachs Foundation, Goldman Sachs's company-sponsored foundation, awarded 42 grants totaling $40.3M in 2024, according to its IRS Form 990-PF. Goldman Sachs may also give through corporate programs that are not reported on the foundation's 990.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Goldman Sachs Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Goldman Sachs Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-goldman-sachs-foundation-morg_78521d3de55d4e3991865a71d31f7916
BibTeX
@misc{grantable_311678646_2026,
author = {{Grantable}},
title = {{The Goldman Sachs Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-goldman-sachs-foundation-morg_78521d3de55d4e3991865a71d31f7916},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Goldman Sachs Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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