The Goldman Sachs Foundation

Foundation · Grantmaker New York, NY EIN: 31-1678646

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 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.

Key facts about The Goldman Sachs Foundation

EIN: 31-1678646
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $40,306,392
Grants made (2024): 42
Average grant: $959,676
Median grant: $593,627
New grantees (estimate): 7% first-time grantees (3 of 42, 2024)
Primary geography: Ohio (17% of itemized 2024 grant dollars)
How to apply: 10,000 Women and 10,000 Small Businesses have specific programs with open applications through regional partner institutions. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Goldman Sachs Foundation funds

By grant dollars, the top recipient states for The Goldman Sachs Foundation's 42 itemized 2024 grants were Ohio (17%), 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). None of its 42 grants with a stated purpose were described as general or operating support.

Is The Goldman Sachs Foundation open to new grantees?

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

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Goldman Sachs Foundation

How to evaluate The Goldman Sachs Foundation as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$40.3M

-10.2% YoY

Grant Count

-55.3% YoY

Avg Grant Size

$960K

+100.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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

Ohio $6.8M (17%)

Massachusetts $6.0M (15%)

New York $5.6M (14%)

California $1.9M (5%)

Texas $1.7M (4%)

All other $18.2M (45%)

Share of all 42 itemized 2024 grant dollars.

Cities

New YorkBaltimorePhiladelphiaChicagoColumbusAtlantaWashingtonDallasBrooklynClevelandNew OrleansMinneapolisSt PeterBabson ParkCincinnatiConcordDetroitHoustonRoxburyAnkeny

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	—	—
Revenue	—	—	—
Expenses	—	—	—
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

September 25, 2026 IRS filings on file for fiscal years 2020–2024

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

371 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Jumpstart Inc ($4,330,195), University of Oxford ($3,348,721), New York University Stern School of Business ($3,339,402).

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

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

No officer or director reported compensation in the available filings.

From 2024 IRS 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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Goldman Sachs Foundation fund?

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 …

How do I apply for a grant from The Goldman Sachs Foundation?

10,000 Women and 10,000 Small Businesses have specific programs with open applications through regional partner institutions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does The Goldman Sachs Foundation make 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

What size grants does The Goldman Sachs Foundation award?

In 2024, The Goldman Sachs Foundation awarded 42 grants totaling $40.3M — an average of about $960K per grant, based on its IRS Form 990 filings.

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 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.