Overview
What is Goldman Sachs Philanthropy Fund?
The Goldman Sachs Philanthropy Fund is a charitable organization based in New York City, specifically at 200 West Street 15th Floor, New York, NY 10282. Established for religious, charitable, scientific, literary, or educational purposes, the organization primarily supports Section 170(B)(1)(A) charities under the Internal Revenue Code of 1986. Operating as a sponsoring organization and maintaining donor-advised funds, Goldman Sachs Philanthropy Fund granted around 21,600 times to charitable organizations in the year 2022, totaling approximately $1.8 billion. Their mission focuses on inspiring and fostering philanthropy and charitable giving.
Is Goldman Sachs Philanthropy Fund legitimate?
Goldman Sachs Philanthropy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goldman Sachs Philanthropy Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Goldman Sachs Philanthropy Fund
The Goldman Sachs Philanthropy Fund, a charitable organization, is dedicated to encouraging and fostering philanthropy and charitable giving. In pursuit of this mission, the organization receives donations and dispenses grants primarily to charities described under Section 170(B)(1)(A) of the Internal Revenue Code of 1986 for religious, charitable, scientific, literary, or educational purposes.
Operating as a sponsoring organization under Code Section 4966, Goldman Sachs Philanthropy Fund maintains donor-advised funds. In the fiscal year ending on December 31, 2022, the organization granted nearly 21,600 donations amounting to approximately $1.805 billion to various charitable organizations. By providing a platform for charitable contributions and grant-making, Goldman Sachs Philanthropy Fund plays a significant role in enriching communities and furthering the vital work of nonprofit organizations.
Impact
This information is meant to be a general summary of Goldman Sachs Philanthropy Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Goldman Sachs Philanthropy Fund has made a significant impact by encouraging and promoting philanthropy and charitable giving. In the year ended December 31, 2022, the organization made approximately 21,600 grants totaling approximately $1,805,154,000 to charitable organizations. This substantial financial support has helped advance religious, charitable, scientific, literary, and educational purposes, primarily benefiting organizations described in Section 170(b)(1)(a) of the Internal Revenue Code. Through its operation as a sponsoring organization and maintenance of donor-advised funds, Goldman Sachs Philanthropy Fund plays a crucial role in supporting various causes and making a positive difference in communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2001
Phone
(800) 787-3000
Principal Officer
Karey D Dye
Main Address
200 WEST STREET 15TH FLOOR, NEW YORK, NY, 10282
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Goldman Sachs Philanthropy Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.