Goldman Sachs Foundation
ActivoPhilanthropy & VoluntarismFinancia Individuos
About Goldman Sachs Foundation
The Goldman Sachs Foundation concentrates its giving on scaling entrepreneurship and economic opportunity initiatives, particularly programs that increase access to capital and business education for women and Black entrepreneurs. It funds large, programmatic partnerships with multilateral institutions, universities, and specialist nonprofits to implement signature initiatives like 10,000 Small Businesses and One Million Black Women. The foundation favors strategic investments that build national or international program infrastructure rather than many small, unrestricted gifts.
Focus Areas
Access to capital for women entrepreneurs (e.g., Women Entrepreneurs Opportunity Facility)National entrepreneurship training and scaling of the 10,000 Small Businesses initiativeEconomic empowerment of Black women and Black-owned businesses (One Million Black Women / Black in Business)University and college partnerships to manage and deliver large-scale entrepreneurship curricula
Who They Fund
women entrepreneurs (including women of color)Black women entrepreneursexisting small business owners across metropolitan/regional areas
About Goldman Sachs Foundation
One of The Goldman Sachs Foundation’s defining patterns is the scale of its recurring backing for entrepreneurship platforms that are delivered through universities and nonprofit intermediaries. A single example is the $5,392,190 grant to the International Finance Corporation to support the Women Entrepreneurs Opportunity Facility, which increases access to capital for women. Another large thread is the 10,000 Small Businesses initiative: the foundation has funded Babson College to manage and oversee program delivery and the national curriculum across local partners, and it has also supported regional and international implementations through institutions such as the University of Oxford and Initiative for a Competitive Inner City. The foundation’s work also extends to economic mobility for Black women, including support for One Million Black Women and its Black in Business initiative. These grants point to a model built around program infrastructure, cross-site delivery, and partnerships that can carry training, capital access, and business support at scale. The recipients range from global financial institutions to colleges and specialist nonprofits, which fits a funder that uses large awards to move established programs across markets rather than making many small project grants.
What Goldman Sachs Foundation Funds
Access to capital is a recurring theme. The foundation gave $5,392,190 to the International Finance Corporation for the Women Entrepreneurs Opportunity Facility to increase access to capital for women, and it followed with another $2,166,130 award for the same purpose. In business education, it backed the 10,000 Women online Coursera platform with grants to the University of Leeds, including $1,999,309 in 2023 and $1,706,324 in 2024. For small-business growth, it awarded $4,033,571 to Babson College to manage and provide oversight of program delivery and the 10,000 Small Businesses national curriculum across local partners. On racial economic mobility, Jumpstart Inc received $4,330,195 in 2025 to implement One Million Black Women across the nation for Black in Business.
How Goldman Sachs Foundation Gives
Typical awards are large: the grant-size distribution is $75,000 at the 25th percentile, $125,000 at the median, and $432,079 at the 75th percentile. Recent giving shows repeated support to the same organizations across multiple years, including Babson College, the University of Oxford, Initiative for a Competitive Inner City, LaGuardia Community College, Cuyahoga Community College Foundation, and Jumpstart Inc. The foundation is a regular funder and funds individuals. Its grantmaking is built around program implementation, curriculum oversight, and multi-partner delivery rather than open solicitation; the active programs listed do not accept unsolicited applications.
Financial Snapshot
Annual Giving
$30.1M
Total Assets
$690.5M
Total Revenue
$96M
Total Expenses
$45.5M
Typical Grant Size
Most grants fall between $75K and $432K, with a median of $125K.
25th Percentile
$75K
Median
$125K
75th Percentile
$432K
Geographic Reach
National30 states funded
About 12% of grants go to recipients in NJ.
Intensidad de financiamiento
BajaAlta
Sede
Funding intensity
LowHigh
Where Goldman Sachs Foundation Funds
Top 5 recipient countries by grant volume for Goldman Sachs Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 225 | $116.7M | 93.8% |
| 2 | United Kingdom | 7 | $16.9M |
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