EIN 31-1774905

Goldman Sachs Philanthropy Fund (GSPF)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2001
Most recent tax filings
2019-12-01
NTEE code, primary
Description
The GSPF encourages and promotes philanthropy and charitable giving by receiving charitable contributions, by providing support and assistance to encourage charitable giving, and by making grants to other public charities and educational institutions.
Total revenues
$3,764,893,999
2019
Total expenses
$1,738,654,528
2019
Total assets
$8,086,897,000
2019
Num. employees
0
2019

Program areas at GSPF

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.

Grants made by GSPF

GranteeGrant descriptionAmount
Fidelity Investments Charitable Gift FundCommunity & Human Services$104,842,369
Xq InstituteEducation$68,134,049
Schwab Charitable FundCommunity & Human Services$58,577,463
...and 971 more grants made totalling $1,138,420,375

Who funds Goldman Sachs Philanthropy Fund (GSPF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustPublic, Societal Benefit$29,674,854
The Ayco Charitable FoundationCommunity & Human Services$27,855,555
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$14,936,213
...and 37 more grants received totalling $113,881,813

Personnel at GSPF

NameTitleCompensation
Kenneth SheinmanAssistant Treasurer / Asst Treasurer$0
Michael WodaVice President$0
Benjamin RaderSecretary$0
Megan McCreaPast Treasurer$0
Donald IronsVice President$0
...and 5 more key personnel

Financials for GSPF

RevenuesFYE 12/2019
Total grants, contributions, etc.$3,570,160,540
Program services$0
Investment income and dividends$151,062,062
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$43,671,397
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,764,893,999

Form 990s for GSPF

Fiscal year endingDate received by IRSFormPDF link
2019-122020-09-23990View PDF
2018-122019-10-19990View PDF
2017-122018-12-22990View PDF
2016-122017-08-21990View PDF
2015-122016-08-29990View PDF
...and 6 more Form 990s
Data update history
July 28, 2022
Received grants
Identified 7 new grant, including a grant for $6,796,737 from American Endowment Foundation
July 26, 2022
Posted financials
Added Form 990 for fiscal year 2019
September 24, 2021
Received grants
Identified 20 new grant, including a grant for $4,319,318 from Community Foundation of West Georgia (CFWG)
October 29, 2020
Updated personnel
Identified 16 new personnel
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
ReligiousOperates donor advised fundsProvides grantsOperates internationallyNational levelTax deductible donationsNo full-time employees
General information
Address
200 West St 15th Floor
New York, NY 10282
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
gspf.goldman.com 
Phone
(800) 787-3000
Facebook page
goldmansachs 
Twitter profile
@goldmansachs 
IRS details
EIN
31-1774905
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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