Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE GOLDMAN SACHS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 WEST STREET 29TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10282
A Employer identification number

31-1678646
B Telephone number (see instructions)

(212) 902-4223
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$803,747,914J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 29,585,741
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,469,688 2,469,688  
4 Dividends and interest from securities... 9,469,376 11,507,387  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,342,858
b Gross sales price for all assets on line 6a 558,520,848
7 Capital gain net income (from Part IV, line 2)... 207,906,147
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,159,945 654,685  
12 Total. Add lines 1 through 11........ 101,027,608 222,537,907  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 91,399 91,399   0
b Accounting fees (attach schedule)....... Click to see attachment 263,475 51,064   145,145
c Other professional fees (attach schedule).... Click to see attachment 7,664,529 2,619,022   4,266,982
17 Interest...............   105,734    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,248,389 121,997   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 14,300 1,155,026   13,800
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,282,092 4,144,242   4,425,927
25 Contributions, gifts, grants paid....... 36,128,574 34,824,012
26 Total expenses and disbursements. Add lines 24 and 25 47,410,666 4,144,242   39,249,939
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 53,616,942
b Net investment income (if negative, enter -0-) 218,393,665
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 38,470,061 65,864,447 65,864,447
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   125,000,000    
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,465,582 Click to see attachment25,356,322 25,356,322
b Investments—corporate stock (attach schedule)....... 81,582,461 Click to see attachment97,643,134 97,643,134
c Investments—corporate bonds (attach schedule)....... 144,472,104 Click to see attachment81,472,351 81,472,351
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 316,513,213 Click to see attachment527,803,927 527,803,927
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9,255,351 Click to see attachment5,607,733 Click to see attachment5,607,733
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 720,758,772 803,747,914 803,747,914
Liabilities 17 Accounts payable and accrued expenses.......... 948,610 2,210,350
18 Grants payable................. 27,344,165 28,648,729
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment16,462,553 Click to see attachment24,978,163
23 Total liabilities (add lines 17 through 22)......... 44,755,328 55,837,242
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 676,003,444 747,910,672
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 676,003,444 747,910,672
30 Total liabilities and net assets/fund balances (see instructions). 720,758,772 803,747,914
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
676,003,444
2
Enter amount from Part I, line 27a .....................
2
53,616,942
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
18,444,280
4
Add lines 1, 2, and 3 ..........................
4
748,064,666
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
153,994
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
747,910,672
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b 7,168,216 SHARES OF VERTIV HOLDINGS CO (VRT) D    
c ACCEL-KKR CAPITAL P    
d ALTOR FUND V P    
e AMERCIAN SEC PARTNER P    
APOLLO INV FD VIII P    
CENTERBRIDGE CAPITAL P    
CVC CAPITAL VII P    
CVC EURO EQ P V LP P    
GSF ALTOR P    
GSF AM SEC PART VI P    
GSF HIG CAP PART V P    
GSF PRIVATE EQUITY P    
GSF WATER STREET III P    
QUANT ENERGY P V,LP P    
BRIDGEWATER PURE ALPHA FD II P    
CAXTON GLOBAL INV LTD CLASS E P    
ELEMENT CAPITAL FEEDER FUND P    
EMINENCE FUND LTD CLASS A P    
TACONIC OPPORTUNITY OFFSHORE P    
THE ADELPHI EUROPE FUND C USD P    
TWO SIGMA PREMIA CAYMAN P    
TWO SIGMA RISK PREMIA CLASS A1 P    
FFX FORWARD CONTRACTS - AUSTRALIAN DOLLAR P    
FFX FORWARD CONTRACTS - CANADIAN DOLLAR P    
FFX FORWARD CONTRACTS - SWISS FRANC P    
FFX FORWARD CONTRACTS - DANISH KRONE P    
FFX FORWARD CONTRACTS - EURO CURRENCY UNIT P    
FFX FORWARD CONTRACTS - POUND STERLING P    
FFX FORWARD CONTRACTS - HONG KONG DOLLAR P    
FFX FORWARD CONTRACTS - ISRAELI SHEKEL P    
FFX FORWARD CONTRACTS - JAPANESE YEN P    
FFX FORWARD CONTRACTS - SOUTH KOREAN WON P    
FFX FORWARD CONTRACTS - NORWEGIAN KRONE P    
FFX FORWARD CONTRACTS - NEW ZEALAND DOLLAR P    
FFX FORWARD CONTRACTS - SWEDISH KRONA P    
FFX FORWARD CONTRACTS - SINGAPORE DOLLAR P    
FFX FORWARD CONTRACTS - SOUTH AFRICAN RAND P    
FFX FORWARD CONTRACTS - MEXICAN PESO P    
FFX FORWARD CONTRACTS - THAI BAHT P    
FFX FORWARD CONTRACTS - BRAZILIAN REAL P    
THROUGH K-1S NET OF UBI AND AMOUNTS INCLUDED ABOVE P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 407,765,814   357,787,998 49,977,816
b 150,755,034   1,682,827 149,072,207
c       -776
d       -1,819
e       1,241,313
      859,371
      225,659
      -394
      2
      -18
      2,193
      284,076
      -4,703
      6,496
      801,260
      3,093,653
      -363
      293,826
      3,588,212
      309,351
      1,570,117
      -58,124
      470,468
      34,637
      -4,865
      -218,763
      -56,844
      -769,749
      191,746
      -6,652
      3,133
      -821,538
      8,109
      7,861
      500
      -60,619
      -5,904
      -831
      -121
      105
      244
      -2,124,125
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       49,977,816
b       149,072,207
c       -776
d       -1,819
e       1,241,313
      859,371
      225,659
      -394
      2
      -18
      2,193
      284,076
      -4,703
      6,496
      801,260
      3,093,653
      -363
      293,826
      3,588,212
      309,351
      1,570,117
      -58,124
      470,468
      34,637
      -4,865
      -218,763
      -56,844
      -769,749
      191,746
      -6,652
      3,133
      -821,538
      8,109
      7,861
      500
      -60,619
      -5,904
      -831
      -121
      105
      244
      -2,124,125
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 207,906,147
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,035,672
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,035,672
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,019,494
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 250,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,269,494
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 233,822
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet233,822 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY, CA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.GS.COM
    14
    The books are in care ofbulletEMMETT C ST JOHN Telephone no.bullet (212) 357-3712

    Located atbullet200 WEST STREETNEW YORKNY ZIP+4bullet102822198
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletBR, DA, GR, HU, ID, IS, JA, MY, NO, PL, PO, KS, SW, TU, UK
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PETER M FAHEY DIRECTOR
    0.50     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    LAWTON FITT DIRECTOR
    0.50     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    ROBERT J KATZ DIRECTOR
    0.50     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    JOHN F W ROGERS DIRECTOR
    0.50     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    MUNEER SATTER DIRECTOR
    0.50     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    BENJAMIN J RADER GENERAL COUNSEL AND SECRETARY
    12.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    EMMETT C ST JOHN TREASURER AND CFO
    10.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    CHARLOTTE KEENAN VICE PRESIDENT
    30.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    JENNY MALONE VICE PRESIDENT - THROUGH JAN. 2021
    1.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    THOMAS MORIN VICE PRESIDENT
    40.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    JESSICA TAYLOR VICE PRESIDENT
    40.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    ASAHI POMPEY PRESIDENT
    1.00     		0 0 0
    C/O GOLDMAN SACHS CO 200 WEST ST
    29TH FL
    NEW YORK,NY102822198
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    EXIGER DILIGENCE INC GRANT DUE DILIGENCE 1,042,850
    600 THIRD AVENUE
    NEW YORK,NY10016
    KROLL INC GRANT DUE DILIGENCE 689,731
    11440 COMMERCE PARK DRIVE SUITE 501
    RESTON,VA20191
    FACTIVA (A DOW JONES COMPANY) GRANT DUE DILIGENCE 425,713
    PO BOX 300
    PRINCETON,NJ08543
    HELLMAN & FRIEDMAN INVESTMENT MANAGEMENT 409,485
    415 MISSION STREET SUITE 5700
    SAN FRANCISCO,CA94105
    QUANT ENERGY P VLP INVESTMENT MANAGEMENT 341,188
    777 WALKER STREET SUITE 2530
    HOUSTON,TX77002
    Total number of others receiving over $50,000 for professional services.............bullet18
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    714,885,688
    b
    Average of monthly cash balances.......................
    1b
    2,848,956
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    717,734,644
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    717,734,644
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    10,766,020
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    706,968,624
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    35,348,431
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    35,348,431
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,035,672
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,035,672
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    32,312,759
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    32,312,759
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    32,312,759
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 32,312,759
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 3,797,318
    b From 2017......  
    c From 2018...... 4,705,625
    d From 2019...... 8,786,487
    e From 2020...... 26,734,265
    f Total of lines 3a through e ........ 44,023,695
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 39,249,939
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 32,312,759
    e Remaining amount distributed out of corpus 6,937,180
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 50,960,875
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		3,797,318
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		47,163,557
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 4,705,625
    c Excess from 2019.... 8,786,487
    d Excess from 2020.... 26,734,265
    e Excess from 2021.... 6,937,180
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BABSON COLLEGE
    231 FOREST STREET
    BABSON PARK,MA024570310     		  PC GRANT TO MANAGE AND PROVIDE OVERSIGHT OF PROGRAM DELIVERY AND THE 10,000 SMALL BUSINESSES NATIONAL CURRICULUM ACROSS ALL LOCAL PARTNERS. 2,088,444
    BLACK GIRLS BREATHING FOUNDATION INC
    235 INNISBROOK WAY
    FAYETTEVILLE,GA30214     		  PC GRANT TO SUPPORT IMPLEMENTATION OF ONE MILLION BLACK WOMEN INITIATIVE NATIONALLY. 50,000
    BLACKFEM
    6 PURITAN CT
    DAMASCUS,MD20872     		  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE NATIONALLY. 50,000
    BUY FROM A BLACK WOMAN
    848 OGLETHORPE AVE SW 10873
    ATLANTA,GA30310     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE ONE MILLION BLACK WOMEN INITIATIVE 25,000
    CAPITAL IMPACT PARTNERS
    1400 CRYSTAL DRIVE SUITE 500
    ARLINGTON,VA22202     		  PC GRANT TO SUPPORT BLACK AND MINORITY OWNED BUSINESSES IN THE VA AREA DURING THE COVID-19 CRISIS 100,000
    CINCINNATI STATE TECHNICAL AND COMMUNITY COLLEGE FOUNDATION
    3520 CENTRAL PARKWAY
    CINCINNATI,OH45223     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESSES INITIATIVE IN OH. 248,315
    CITY COLLEGES OF CHICAGO
    DISTRICT OFFICE 226 WEST JACKSON
    BLVD
    CHICAGO,IL606066998     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CHICAGO AREA. 1,375,586
    COLUMBUS STATE COMMUNITY COLLEGE DEVELOPMENT FOUNDATION INC
    730 EAST LONG STREET
    COLUMBUS,OH43215     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESS INITIATIVE IN OHIO. 286,608
    COLUMBUS URBAN LEAGUE
    788 MT VERNON AVENUE
    COLUMBUS,OH43203     		  PC GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE IN OH. 50,000
    COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION
    7200 SOLLERS POINT ROAD
    BALITMORE,MD21222     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE COUNTY, MD. 103,277
    COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION
    7200 SOLLERS POINT ROAD
    BALITMORE,MD21222     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALITMORE COUNTY MARYLAND. 363,680
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    1700 SPRING GARDEN STREET
    PHILADELPHIA,PA19130     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER PHILADELPHIA AREA 1,397,728
    COMMUNITY COLLEGE OF RHODE ISLAND
    400 EAST AVENUE
    WARWICK,RI02886     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE STATE RHODE ISLAND. 1,123,303
    COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE
    26 COLLEGE DRIVE
    CONCORD,NH03301     		  PC GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE 358,883
    COMMUNITY PRESERVATION CORPORATION
    220 EAST 42ND STREET
    NEW YORK,NY10017     		  PC GRANT TO SUPPORT COVID-19 RELIEF EFFORTS IN NYC. 100,000
    COMMUNITY REINVESTMENT FUND
    801 NICOLLETT MALL SUITE 1700W
    MINNEAPOLIS,MN55402     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE. 100,000
    CORNER TO CORNER
    812 NORTH 5TH STREET
    NASHVILLE,TN37207     		  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NASHVILLE AND GREATER TN AREA . 50,000
    CUYAHOGA COMMUNITY COLLEGE FOUNDATION
    700 CARNEGIE AVENUE
    CLEVELAND,OH441152878     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CLEVELAND REGION. 1,059,606
    DALLAS COLLEGE FOUNDATION
    1601 SOUTH LAMAR STREET
    DALLAS,TX752151816     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA. 250,567
    DALLAS COLLEGE FOUNDATION
    1601 SOUTH LAMAR STREET
    DALLAS,TX752151816     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA 859,627
    DELGADO COMMUNITY COLLEGE FOUNDATION
    615 CITY PARK AVENUE
    NEW ORLEANS,LA70119     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESESS INITIATIVE IN LA. 737,942
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN IOWA. 514,274
    EAT LEARN PLAY FOUNDATION
    985 3RD STREET
    OAKLAND,CA94607     		  PC GRANT TO SUPPORT IMPLEMENTATION OF ONE MILLION BLACK WOMEN INITIATIVE IN OAKLAND AND ALAMEDA COUNTIES. 500,000
    ECHOING GREEN FOUNDATION
    494 8TH AVE 2ND FLOOR
    NEW YORK,NY10001     		  PC GRANT TO SUPPORT IMPLEMENTATION OF ONE MILLION BLACK WOMEN INITIATIVE. 1,000,000
    ESSEC BUSINESS SCHOOL
    AVENUE BERNARD HIRSCH CS 50105
      CERGY-PONTOISE CE95021
    FR     		  NC GRANT TO IMPLEMENT THE 10,0000 SMALL BUSINESSES INITIATIVE IN FRANCE 806,163
    ESSEC BUSINESS SCHOOL
    AVENUE BERNARD HIRSCH CS 50105
      CERGY-PONTOISE CE95021
    FR     		  NC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN FRANCE 2,617,321
    FLORENCE CRITTENTON SERVICES OF GREATER WASHINGTON
    815 SILVER SPRING AVENUE
    SILVER SPRING,MD20910     		  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN GREATER WASHINGTON DC AREA. 50,000
    FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT
    TSINGHUA UNIVERSITY SCHOOL OF
    ECONOMICS AND MANGEMENT
      BEIJING100084
    CH     		  PC GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA 80,000
    FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT
    TSINGHUA UNIVERSITY SCHOOL OF
    ECONOMICS AND MANGEMENT
      BEIJING100084
    CH     		  PC GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA. 119,800
    FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 S 17TH STREET 11TH FL
    PHILADELPHIA,PA19103     		  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN PHILADELPHIA, PA. 50,000
    HOUSTON COMMUNITY COLLEGE SYSTEM FOUNDATION
    3100 MAIN STREET SUITE 12B12
    HOUSTON,TX77002     		  PC TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER HOUSTON AREA. 301,195
    HOUSTON COMMUNITY COLLEGE SYSTEM FOUNDATION
    3100 MAIN STREET SUITE 12B12
    HOUSTON,TX77002     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER HOUSTON AREA. 849,751
    INITIATIVE FOR A COMPETITIVE INNER CITY
    56 WARREN ST STE 300
    ROXBURY,MA02119     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESS INITIATIVE NATIONALLY 1,603,225
    INTERNATIONAL FINANCE CORPORATION
    2121 PENNSYLVANIA AVE NW
    WASHINGTON,DC20433     		  GOV GRANT TO SUPPORT THE WOMEN ENTREPRENEURS OPPORTUNITY FACILITY TO INCREASE ACCESS TO CAPITAL FOR WOMEN. 3,815,393
    JEREMIAH PROGRAM
    615 1ST AVE NE SUITE 210
    MINNEAPOLIS,MN55413     		  PC GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE NATIONALLY. 50,000
    JOBS FOR THE FUTURE
    50 MILK STREET 17TH FLOOR
    BOSTON,MA02109     		  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES FELLOWS PROGRAM. 197,834
    LAGUARDIA COMMUNITY COLLEGE
    31-10 THOMSON AVENUE
    LONG ISLAND CITY,NY111019976     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER NEW YORK AREA. 989,056
    LONG BEACH CITY COLLEGE
    4901 EAST CARSON STREET MC G1
    LONG BEACH,CA90808     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE SOUTHERN CALIFORNIA REGION 903,695
    MIAMI DADE COLLEGE
    300 NE 2ND AVENUE
    MIAMI,FL33132     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER MIAMI AREA. 881,455
    MOREHOUSE SCHOOL OF MEDICINE
    720 WESTVIEW DRIVE SW
    ATLANTA,GA30310     		  PC GRANT TO SUPPORT THE CENTER FOR MATERNAL HEALTH EQUITY AT MSM AS PART OF THE ONE MILLION BLACK WOMEN INITIATIVE. 1,000,000
    MORGAN STATE UNIVERSITY FOUNDATION
    1700 EAST COLD SPRING LANE
    BALTIMORE,MD21251     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSESS INITIATIVE IN THE GREATER BALTIMORE AREA. 465,808
    MORGAN STATE UNIVERSITY FOUNDATION
    1700 EAST COLD SPRING LANE
    BALTIMORE,MD21251     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE, MD 387,338
    NATIONAL URBAN LEAGUE
    120 WALL STREET 8TH FLOOR
    NEW YORK,NY10005     		  PC GRANT TO SUPPORT COVID-19 NATIONAL RELIEF EFFORT AND THE 10,000 SMALL BUSINESSES INITIATIVE 271,608
    OPPORTUNITY FINANCE NETWORK
    620 CHESTNUT STREET SUITE 572
    PHILADELPHIA,PA191063413     		  PC GRANT TO SUPPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. 100,000
    PLAYERS PHILANTHROPY FUND
    1122 KENILWORTH DR
    TOWSON,MD21204     		  PC GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE. 25,000
    RESIST
    PO BOX 301240
    BOSTON,MA02130     		  PC GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE IN MA 50,000
    SALT LAKE COMMUNITY COLLEGE FOUNDATION
    4600 SOUTH REDWOOD ROAD
    SALT LAKE CITY,UT84123     		  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER SALT LAKE AREA 534,325
    SCHOLARSHIP AMERICA
    1505 RIVERVIEW ROAD PO BOX 297
    ST PETER,MN56082     		  PC CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM 148,000
    SCHOLARSHIP AMERICA
    1505 RIVERVIEW ROAD PO BOX 297
    ST PETER,MN56082     		  PC CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM 67,500
    SINCLAIR COMMUNITY COLLEGE FOUNDATION
    444 WEST THIRD STREET
    DAYTON,OH45402     		  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OH. 41,936
    SPRINGBOARD TO OPPORTUNITIES
    3000 OLD CANTON ROAD SUITE 470
    JACKSON,MS39216     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE ONE MILLION BLACK WOMEN INITIATIVE IN MS. 50,000
    THE MARTIN LUTHER KING JR CENTER
    449 AUBURN AVE NE
    ATLANTA,GA30132     		  PC TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE IN ATLANTA, GA 750,000
    THE SADIE COLLECTIVE
    6890 MAPLE ST APT 4
    WASHINGTON,DC20009     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE ONE MILLION BLACK WOMEN INITIATIVE 50,000
    THE WOMEN'S FUND OF CENTRAL OHIO
    2323 W FIFTH AVE SUITE 230
    COLUMBUS,OH43204     		  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE ONE MILLION BLACK WOMEN INITIATIVE IN OH. 50,000
    UNIVERSITY OF LEEDS
    LEEDS UNIVERSITY BUSINESS SCHOOL
    MAURICE KEYWORTH BUILDING
    LEEDS   LS2 9JT
    UK     		  PC GRANT TO SUPPORT THE 10,000 WOMEN ONLINE COURSERA PLATFORM 1,893,861
    UNIVERSITY OF OXFORD
    SAID BUSINESS SCHOOL PARK END
    STREET
    OXFORD   OX1 1HP
    UK     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESS INIATIVE IN THE UK 2,200,564
    WAYNE STATE UNIVERSITY
    42 W WARREN AVENUE
    DETROIT,MI48202     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA. 630,344
    Total .................................bullet 3a 34,824,012
    bApproved for future payment
    CITY COLLEGES OF CHICAGO
    DISTRICT OFFICE 226 WEST JACKSON
    BLVD
    CHICAGO,IL606066998     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CHICAGO AREA. 741,551
    COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION
    7200 SOLLERS POINT ROAD
    BALITMORE,MD21222     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALITMORE COUNTY MARYLAND. 181,839
    COMMUNITY COLLEGE OF RHODE ISLAND
    400 EAST AVENUE
    WARWICK,RI02886     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE STATE RHODE ISLAND. 1,049,526
    COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE
    26 COLLEGE DRIVE
    CONCORD,NH03301     		  PC GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE 185,193
    DALLAS COLLEGE FOUNDATION
    1601 SOUTH LAMAR STREET
    DALLAS,TX752151816     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA 429,813
    FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT
    TSINGHUA UNIVERSITY SCHOOL OF
    ECONOMICS AND MANGEMENT
      BEIJING100084
    CH     		  PC GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA. 80,000
    GORDON INSTITUTE OF BUSINESS SCIENCE
    UNIVERSITY OF PRETORIA 26 MELVILLE
    ROAD
      SANDTON2196
    SF     		  PC GRANT TO IMPLEMENT THE 10,000 WOMEN INITIATIVE IN JOHANNESBURG, SOUTH AFRICA. 381,592
    GRAMEEN AMERICA
    82-11 37TH AVENUE SUITE 607
    JACKSON HEIGHTS,NY11372     		  PC GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE 2,000,000
    INTERNATIONAL FINANCE CORPORATION
    2121 PENNSYLVANIA AVE NW
    WASHINGTON,DC20433     		  GOV GRANT TO SUPPORT THE WOMEN ENTREPRENEURS OPPORTUNITY FACILITY TO INCREASE ACCESS TO CAPITAL FOR WOMEN. 4,000,000
    INTERNATIONAL FINANCE CORPORATION
    2121 PENNSYLVANIA AVE NW
    WASHINGTON,DC20433     		  GOV GRANT TO SUPPORT THE WOMEN ENTREPRENEURS OPPORTUNITY FACILITY TO INCREASE ACCESS TO CAPITAL FOR WOMEN. 15,306,136
    JOBS FOR THE FUTURE
    50 MILK STREET 17TH FLOOR
    BOSTON,MA02109     		  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES FELLOWS PROGRAM. 197,834
    LONG BEACH CITY COLLEGE
    4901 EAST CARSON STREET MC G1
    LONG BEACH,CA90808     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE SOUTHERN CALIFORNIA REGION 451,847
    MOREHOUSE SCHOOL OF MEDICINE
    720 WESTVIEW DRIVE SW
    ATLANTA,GA30310     		  PC GRANT TO SUPPORT THE CENTER FOR MATERNAL HEALTH EQUITY AT MSM AS PART OF THE ONE MILLION BLACK WOMEN INITIATIVE. 2,000,000
    MORGAN STATE UNIVERSITY FOUNDATION
    1700 EAST COLD SPRING LANE
    BALTIMORE,MD21251     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSESS INITIATIVE IN THE GREATER BALTIMORE AREA. 774,676
    NEW YORK CITY BUSINESS ASSISTANCE CORPORATION
    1 LIBERTY PLAZA 11TH FLOOR
    NEW YORK,NY10006     		  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN NEW YORK 149,225
    SALT LAKE COMMUNITY COLLEGE FOUNDATION
    4600 SOUTH REDWOOD ROAD
    SALT LAKE CITY,UT84123     		  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER SALT LAKE AREA 320,450
    SINCLAIR COMMUNITY COLLEGE FOUNDATION
    444 WEST THIRD STREET
    DAYTON,OH45402     		  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OH. 83,874
    WAYNE STATE UNIVERSITY
    42 W WARREN AVENUE
    DETROIT,MI48202     		  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA. 315,173
    Total .................................bullet 3b 28,648,729
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 2,469,688  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		901101 197,156 18 57,145,702  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL UNRELATED BUSINESS INCOME TAX BENEFIT     		    01 98,883  
    bUBI THROUGH LIMITED PARTNERSHIPS 901101 47,595 14 -47,595  
    cREALIZED CURRENCY GAIN     14 187,912  
    dCLASS ACTION PROCEEDS     14 1,740  
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 423,454 71,018,413 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    71,441,867
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE GOLDMAN SACHS FOUNDATION
     
    Employer identification number

    31-1678646
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE GOLDMAN SACHS FOUNDATION
          		Employer identification number
    31-1678646
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE GOLDMAN SACHS GROUP INC
     
    200 WEST STREET
     
    NEW YORK, NY10282

    		$ 29,370,241


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    THE GOLDMAN SACHS GROUP INC
     
    200 WEST STREET
     
    NEW YORK, NY10282

    		$ 215,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE GOLDMAN SACHS FOUNDATION
          		Employer identification number

    31-1678646
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 7,168,216 SHARES OF VERTIV HOLDINGS CO (VRT) OF WHICH A PORTION SATISFIED PRIOR YEAR RECEIVABLE $ 29,370,241  
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE GOLDMAN SACHS FOUNDATION
          		Employer identification number

    31-1678646
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 263,475 51,064   145,145

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ESSEC BUSINESS SCHOOL
          		AVENUE BERNARD HIRSCH CS 50105
    95021 CERGY-PONTOISE CEDEX
    FR     		2020-09-16 1,612,326 GRANT IN SUPPORT OF THE 10,000 SMALL BUSINESSES INITIATIVE IN FRANCE. 1,612,326 NO DIVERSION OF FUNDS TO THE KNOWLEDGE OF GSF. INTERIM NARRATIVE & FINANCIAL REPORT: 3/12/21, FINAL RECEIVED ON 10/19/22    
    ESSEC BUSINESS SCHOOL
          		AVENUE BERNARD HIRSCH CS 50105
    95021 CERGY-PONTOISE CEDEX
    FR     		2021-09-13 2,617,321 GRANT IN SUPPORT OF THE 10,000 SMALL BUSINESSES INITIATIVE IN FRANCE. 2,617,321 NO DIVERSION OF FUNDS TO THE KNOWLEDGE OF GSF. INTERIM NARRATIVE & FINANCIAL REPORT: 12/15/21, FINAL RECEIVED ON 10/19/22    

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 536,001 536,001
    AERCAP IRELAND CAPITAL DAC / A 228,642 228,642
    AIR LEASE CORP 405,636 405,636
    ALLIANT ENERGY FINANCE LL 144A 284,873 284,873
    ALLY FINANCIAL INC 275,869 275,869
    AMAZON.COM INC 213,261 213,261
    AMERICAN EXPRESS CO 361,666 361,666
    AMERICAN INTERNATIONAL GROUP I 243,739 243,739
    AMERICAN TOWER CORP 261,110 261,110
    ANHEUSER-BUSCH INBEV WORLDWIDE 317,677 317,677
    ARCH CAPITAL GROUP LTD 107,705 107,705
    ARCHER-DANIELS-MIDLAND CO 27,201 27,201
    AT&T INC 1,168,653 1,168,653
    BANK OF AMERICA CORP 2,104,598 2,104,598
    BARCLAYS PLC 206,358 206,358
    BAT CAPITAL CORP 113,476 113,476
    BECTON DICKINSON AND CO 239,421 239,421
    BERKSHIRE HATHAWAY ENERGY CO 27,637 27,637
    BOEING CO/THE 702,475 702,475
    BROADCOM INC 144A 846,358 846,358
    BURLINGTON NORTHERN SANTA FE L 30,168 30,168
    CAPITAL ONE FINANCIAL CORP 388,620 388,620
    CHARTER COMMUNICATIONS OPERATI 648,627 648,627
    CIGNA CORP 345,823 345,823
    CITIGROUP INC 1,300,184 1,300,184
    COMCAST CORP 92,763 92,763
    CONSTELLATION BRANDS INC 237,524 237,524
    CROWN CASTLE INTERNATIONAL COR 131,990 131,990
    CVS HEALTH CORP 350,719 350,719
    DENTSPLY SIRONA INC 52,866 52,866
    DEVON ENERGY CORP 62,872 62,872
    DH EUROPE FINANCE II SARL 155,126 155,126
    DUKE ENERGY CAROLINAS LLC 83,770 83,770
    DUKE ENERGY CORP 26,313 26,313
    DUPONT DE NEMOURS INC 193,454 193,454
    ECOLAB INC 49,289 49,289
    ENBRIDGE INC 147,419 147,419
    EXELON CORP 81,954 81,954
    EXPEDIA GROUP INC 298,607 298,607
    FEDERAL NATL MTG ASSN 6,823,168 6,823,168
    FEDEX CORP 67,116 67,116
    FIFTH THIRD BANCORP 256,740 256,740
    FISERV INC 196,334 196,334
    FOX CORP 96,948 96,948
    GE CAPITAL INTERNATIONAL FUNDI 239,024 239,024
    GENERAL MOTORS CO 160,497 160,497
    GENERAL MOTORS FINANCIAL CO IN 121,801 121,801
    HEWLETT PACKARD ENTERPRISE CO 467,193 467,193
    INTERCONTINENTAL EXCHANGE INC 50,660 50,660
    JPMORGAN CHASE & CO 1,503,607 1,503,607
    KEURIG DR PEPPER INC 65,454 65,454
    MACQUARIE BANK LTD 144A 197,380 197,380
    MITSUBISHI UFJ FINANCIAL GROUP 538,655 538,655
    MORGAN STANLEY 1,516,352 1,516,352
    NISOURCE INC 242,150 242,150
    NORTHROP GRUMMAN CORP 360,330 360,330
    NRG ENERGY INC 144A 260,895 260,895
    NXP BV / NXP FUNDING LLC 144A 231,124 231,124
    ORACLE CORP 276,207 276,207
    PAYPAL HOLDINGS INC 210,068 210,068
    PEPSICO INC 105,262 105,262
    PLAINS ALL AMERICAN PIPELINE L 130,660 130,660
    PRUDENTIAL FINANCIAL INC 125,125 125,125
    SHERWIN-WILLIAMS CO/THE 52,843 52,843
    SOUTHERN POWER CO 120,855 120,855
    SUMITOMO MITSUI FINANCIAL GROU 370,680 370,680
    SYSCO CORP 77,923 77,923
    VENTAS REALTY LP 210,900 210,900
    VERIZON COMMUNICATIONS INC 868,776 868,776
    VISTRA OPERATIONS CO LLC 144A 334,740 334,740
    WALT DISNEY CO/THE 76,454 76,454
    WELLS FARGO & CO 137,032 137,032
    WESTPAC BANKING CORP 81,013 81,013
    WILLIAMS COS INC/THE 297,201 297,201
    INTUIT INC 24,466 24,466
    SUNCOR ENERGY INC 78,382 78,382
    PHILLIPS 66 239,983 239,983
    FLORIDA POWER & LIGHT CO 59,671 59,671
    CANADIAN IMPERIAL BANK OF COMM 342,815 342,815
    BRISTOL-MYERS SQUIBB CO 150,944 150,944
    AVANGRID INC 315,399 315,399
    MPLX LP 212,707 212,707
    CARRIER GLOBAL CORP 128,495 128,495
    MARATHON PETROLEUM CORP 455,817 455,817
    NATWEST GROUP PLC 711,375 711,375
    UBS GROUP AG 144A 324,045 324,045
    OTIS WORLDWIDE CORP 228,458 228,458
    HSBC HOLDINGS PLC 630,932 630,932
    APPLE INC 187,609 187,609
    CCP_CDX. SP UL CDX.NA.IG.34 CM 101,217 101,217
    MID-AMERICA APARTMENTS LP 23,901 23,901
    WASTE MANAGEMENT INC 23,879 23,879
    LOS ANGELES CA MUNI IMPT CORPL 24,536 24,536
    UDR INC 47,588 47,588
    NEW YORK CITY NY TRANSITIONAL 49,250 49,250
    APPLIED MATERIALS INC 24,491 24,491
    AMDOCS LTD 74,406 74,406
    AGREE LP 25,424 25,424
    LOWE'S COS INC 146,565 146,565
    OHIO POWER CO 25,633 25,633
    ENTERGY CORP 26,084 26,084
    GLOBAL PAYMENTS INC 231,316 231,316
    ALEXANDRIA REAL ESTATE EQUITIE 189,457 189,457
    MARS INC 144A 182,988 182,988
    RUSH OBLIGATED GROUP 27,948 27,948
    SOUTHERN CALIFORNIA EDISON CO 83,680 83,680
    RAYTHEON TECHNOLOGIES CORP 57,013 57,013
    NEW YORK LIFE INSURANCE C 144A 57,114 57,114
    AMERICAN HOMES 4 RENT LP 121,041 121,041
    MCDONALD'S CORP 61,774 61,774
    THERMO FISHER SCIENTIFIC INC 30,943 30,943
    STANFORD HEALTH CARE 32,266 32,266
    PACIFIC GAS AND ELECTRIC CO 189,437 189,437
    CANADIAN PACIFIC RAILWAY CO 49,331 49,331
    BANNER HEALTH 91,187 91,187
    WILLIS NORTH AMERICA INC 102,463 102,463
    NEWCREST FINANCE PTY LTD 144A 104,834 104,834
    MASTERCARD INC 54,065 54,065
    WP CAREY INC 110,199 110,199
    FLORIDA ST BRD OF ADMIN FIN CO 54,870 54,870
    HOME DEPOT INC/THE 56,350 56,350
    AUTONATION INC 138,804 138,804
    CSX CORP 142,778 142,778
    COMMONSPIRIT HEALTH 72,578 72,578
    COSTAR GROUP INC 144A 125,158 125,158
    WELLS FARGO COMMERC RC1 D 144A 92,335 92,335
    NATIONAL RETAIL PROPERTIES INC 237,614 237,614
    DUKE REALTY LP 77,998 77,998
    DBJPM 17-C6 MORTGAGE C6 D 144A 92,079 92,079
    IHS MARKIT LTD 85,313 85,313
    WALGREENS BOOTS ALLIANCE INC 68,617 68,617
    MORGAN STANLEY BANK OF A C25 B 106,365 106,365
    SPIRIT REALTY LP 164,918 164,918
    ILLINOIS ST 127,147 127,147
    MET TRANSPRTN AUTH NY REVENUE 136,892 136,892
    ZOETIS INC 222,030 222,030
    PNC FINANCIAL SERVICES GROUP I 256,775 256,775
    VALERO ENERGY CORP 310,767 310,767
    STARBUCKS CORP 129,384 129,384
    UBS COMMERCIAL MORTGAGE C17 A4 157,244 157,244
    CALIFORNIA ST 166,886 166,886
    HIGHER EDUCATION FUND 1 A 144A 136,041 136,041
    NORTH CAROLINA ST EDU ASSISTAN 185,221 185,221
    ANHEUSER-BUSCH COS LLC / ANHEU 591,850 591,850
    HALSEYPOINT CLO 3 3A A1A 144A 250,514 250,514
    BRAZOS HIGHER EDUCATION A 1 A2 164,436 164,436
    MORGAN STANLEY CAPITAL HR8 A4 246,215 246,215
    KILROY REALTY LP 257,240 257,240
    MIDAMERICAN ENERGY CO 275,725 275,725
    MORGAN STANLEY CAPITAL I L4 A3 311,295 311,295
    CENTENE CORP 469,125 469,125
    GNMA II POOL #0MA6221 368,402 368,402
    SHACKLETON 2013-III 3A AR 144A 993,287 993,287
    FHLMC POOL #ZT-1778 487,247 487,247
    COMMIT TO PUR FNMA SF MTG 13,250,820 13,250,820
    COMMIT TO PUR GNMA II JUMBOS 5,169,410 5,169,410
    FHLMC POOL #RA-1411 767,489 767,489
    GNMA II POOL #0MA6544 720,823 720,823
    FIRST-CITIZENS BANK & TRUST CO 52,875 52,875
    NASDAQ INC 51,029 51,029
    UNIVERSITY OF CHICAGO/THE 59,699 59,699
    HUNTSMAN INTERNATIONAL LLC 82,973 82,973
    CCP_CDX. SP UL CDX.NA.IG.35_V1 37,968 37,968
    CCP_CDX. SP UL CDX.NA.IG.36_V1 110,551 110,551
    CCP_CDS. SP UL JWN CME 4,358 4,358
    BANK 2021-BNK32 BN32 A5 207,456 207,456
    BANK 2021-BNK32 BN32 C 101,427 101,427
    CSAIL 2021-C20 COMMERCI C20 A3 156,018 156,018
    CSAIL 2021-C20 COMMERCIA C20 C 104,520 104,520
    MORGAN STANLEY CAPITAL I L5 A4 207,548 207,548
    WELLS FARGO COMMERCIAL C59 A5 206,516 206,516
    EMORY UNIVERSITY 126,864 126,864
    TIME WARNER CABLE LLC 62,545 62,545
    FNMA POOL #0FM7475 1,446,063 1,446,063
    FNMA POOL #0FM8691 1,010,480 1,010,480
    KRAFT HEINZ FOODS CO 37,816 37,816
    GNMA II POOL #0MA5332 129,081 129,081
    GNMA II POOL #0MA5597 500,375 500,375
    GNMA II POOL #0MA5653 55,431 55,431
    GNMA II POOL #0MA5712 444,847 444,847
    GNMA II POOL #0MA5819 6,177 6,177
    GNMA II POOL #0MA6093 376,157 376,157
    GNMA II POOL #0MA6714 92,052 92,052
    GNMA II POOL #0MA6770 198,628 198,628
    GNMA II POOL #0MA7706 1,033,492 1,033,492
    ADVENTIST HEALTH SYSTEM/WEST 26,154 26,154
    BAYLOR SCOTT & WHITE HOLDINGS 33,816 33,816
    ROYALTY PHARMA PLC 122,420 122,420
    STERIS IRISH FINCO UNLTD CO 100,969 100,969
    STRYKER CORP 146,795 146,795
    BERRY GLOBAL INC 48,926 48,926
    STANLEY BLACK & DECKER INC 56,845 56,845
    STEEL DYNAMICS INC 51,176 51,176
    PRINCIPAL FINANCIAL GROUP INC 123,711 123,711
    MARTIN MARIETTA MATERIALS INC 228,494 228,494
    MASCO CORP 145,308 145,308
    TECK RESOURCES LTD 80,656 80,656
    ATLAS SENIOR LOAN 14A AR 144A 500,000 500,000
    CFIP CLO 2021-1 LTD 1A A 144A 500,203 500,203
    CFIP CLO 2021-1 LTD 1A C1 144A 499,601 499,601
    CATHEDRAL LAKE VI LT 6A B 144A 424,116 424,116
    DIAMETER CAPITAL C 1A A1A 144A 300,213 300,213
    DRYDEN 77 CLO LTD 77A AR 144A 349,613 349,613
    ICG US CLO 2017-1 1A ARR 144A 499,999 499,999
    SHACKLETON 2019-X 14A A1R 144A 500,231 500,231
    TRYSAIL CLO 2021-1 1A A1 144A 250,000 250,000
    WELLFLEET CLO X LT XA A1R 144A 474,999 474,999
    CREDIT SUISSE GROUP AG 144A 602,819 602,819
    BX TRUST 2021-ARIA ARIA C 144A 149,436 149,436
    CITIGROUP COMMERCI GC29 D 144A 96,208 96,208
    CONNECTICUT AVENU R03 1M2 144A 45,056 45,056
    CONNECTICUT AVENU R01 1M2 144A 49,059 49,059
    DOLP TRUST 2021-NYC NYC A 144A 261,555 261,555
    FREDDIE MAC STACR DNA5 M2 144A 40,171 40,171
    JP MORGAN MORTGAGE T 6 A3 144A 140,663 140,663
    WELLS FARGO COMMERC C42 D 144A 88,884 88,884
    BAXTER INTERNATIONAL INC 144A 201,956 201,956
    GREAT-WEST LIFECO FINANCE 144A 141,395 141,395
    INTERNATIONAL FLAVORS & F 144A 417,258 417,258
    NETFLIX INC 144A 116,625 116,625
    7-ELEVEN INC 144A 214,468 214,468
    CUBESMART LP 178,283 178,283
    REALTY INCOME CORP 161,891 161,891
    DOLLAR TREE INC 139,418 139,418
    TRACTOR SUPPLY CO 46,866 46,866
    CHICAGO IL O'HARE INTERNATIONA 5,007 5,007
    MARYLAND ST DEPT OF TRANSPRTN 29,063 29,063
    NEW JERSEY ST TURNPIKE AUTH TU 4,843 4,843
    PORT OF OAKLAND CA 25,058 25,058
    TUCSON AZ COPS 39,068 39,068
    UNIV OF NORTH CAROLINA NC AT C 4,958 4,958
    DELL INTERNATIONAL LLC / EMC C 438,307 438,307
    SERVICENOW INC 139,776 139,776
    T-MOBILE USA INC 976,288 976,288

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCE AUTO PARTS INC 349,503 349,503
    AERCAP HOLDINGS NV 629,668 629,668
    AMAZON.COM INC 3,057,590 3,057,590
    AMERCO 1,452,460 1,452,460
    AMERICAN EXPRESS CO 701,353 701,353
    ANTHEM INC 2,983,807 2,983,807
    AON PLC 1,933,502 1,933,502
    ARCOSA INC 342,550 342,550
    BAE SYSTEMS PLC 567,533 567,533
    BANK OF NEW YORK MELLON CORP/T 1,255,283 1,255,283
    BERKSHIRE HATHAWAY INC 2,156,089 2,156,089
    BOOKING HOLDINGS INC 954,894 954,894
    CAPITAL ONE FINANCIAL CORP 752,437 752,437
    CIE FINANCIERE RICHEMONT SA 835,393 835,393
    CITIGROUP INC 2,911,885 2,911,885
    COCA-COLA CO/THE 592,100 592,100
    COGNIZANT TECHNOLOGY SOLUTIONS 975,920 975,920
    COMCAST CORP 1,890,848 1,890,848
    CONOCOPHILLIPS 144,360 144,360
    DENTSPLY SIRONA INC 471,035 471,035
    DISH NETWORK CORP 825,728 825,728
    EXPEDIA GROUP INC 725,049 725,049
    EXXON MOBIL CORP 275,355 275,355
    FOX CORP 873,885 873,885
    GENERAL MOTORS CO 1,003,277 1,003,277
    GLAXOSMITHKLINE PLC 242,413 242,413
    GRAFTECH INTERNATIONAL LTD 295,750 295,750
    GROUPE BRUXELLES LAMBERT SA 429,543 429,543
    HEIDELBERGCEMENT AG 782,046 782,046
    HILTON WORLDWIDE HOLDINGS INC 1,608,569 1,608,569
    IMPERIAL OIL LTD 372,790 372,790
    ING GROEP NV 378,027 378,027
    JOHNSON & JOHNSON 1,026,420 1,026,420
    LIBERTY BROADBAND CORP 1,774,194 1,774,194
    LLOYDS BANKING GROUP PLC 424,385 424,385
    LOCKHEED MARTIN CORP 266,558 266,558
    LYONDELLBASELL INDUSTRIES NV 372,148 372,148
    MARRIOTT INTERNATIONAL INC/MD 2,098,052 2,098,052
    MARSH & MCLENNAN COS INC 615,497 615,497
    MICRON TECHNOLOGY INC 624,105 624,105
    MICROSOFT CORP 5,974,388 5,974,388
    MORGAN STANLEY 2,310,490 2,310,490
    NETFLIX INC 2,176,013 2,176,013
    NEWS CORP 836,625 836,625
    NORTHROP GRUMMAN CORP 329,010 329,010
    ORACLE CORP 436,050 436,050
    PEPSICO INC 1,650,245 1,650,245
    PROCTER & GAMBLE CO/THE 1,308,640 1,308,640
    PROGRESSIVE CORP/THE 548,870 548,870
    SAMSUNG ELECTRONICS CO LTD 1,277,435 1,277,435
    SODEXO SA 187,008 187,008
    STATE STREET CORP 651,000 651,000
    SYSCO CORP 903,325 903,325
    TELEFONICA BRASIL SA 330,741 330,741
    UBS GROUP AG 918,666 918,666
    UNITEDHEALTH GROUP INC 2,116,520 2,116,520
    US BANCORP 308,935 308,935
    WALT DISNEY CO/THE 1,465,259 1,465,259
    WELLS FARGO & CO 2,094,279 2,094,279
    RICHEMONT(CIE FIN) WTS 34,771 34,771
    VISA INC 560,412 560,412
    SOUTHWEST AIRLINES CO 451,062 451,062
    DANONE SA 1,067,337 1,067,337
    COMPASS GROUP PLC 920,016 920,016
    NOVARTIS AG 1,176,248 1,176,248
    WOODWARD INC 273,212 273,212
    CANADIAN NATURAL RESOURCES LTD 971,750 971,750
    FIRST HAWAIIAN INC 122,985 122,985
    MSC INDUSTRIAL DIRECT CO INC 168,120 168,120
    TYSON FOODS INC 435,800 435,800
    UNILEVER PLC 242,055 242,055
    CHARLES SCHWAB CORP/THE 588,700 588,700
    HUNTSMAN CORP 488,320 488,320
    INGREDION INC 966,400 966,400
    KONINKLIJKE PHILIPS NV 687,379 687,379
    SHELL PLC 350,956 350,956
    ALIBABA GROUP HOLDING LTD 637,668 637,668
    NINTENDO CO LTD 605,662 605,662
    ALPHABET INC 7,301,732 7,301,732
    META PLATFORMS INC 4,201,348 4,201,348
    SAFRAN SA 688,527 688,527
    EVOLUTION AB 275,030 275,030
    WILLIS TOWERS WATSON PLC 708,670 708,670
    IAC/INTERACTIVECORP 264,034 264,034
    NASPERS LTD 174,401 174,401
    PROSUS NV 428,486 428,486
    CHARTER COMMUNICATIONS INC 585,469 585,469
    GENERAL ELEC CO 1,859,547 1,859,547
    BOLLORE SA 2,238,010 2,238,010
    L3HARRIS TECHNOLOGIES INC 277,212 277,212
    ARMSTRONG WORLD INDUSTRIES INC 406,420 406,420
    ASSOCIATED BRITISH FOODS PLC 1,087,880 1,087,880
    CISCO SYSTEMS INC/DELAWARE 602,015 602,015

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    US Government Securities - End of Year Book Value:

    25,356,322
    US Government Securities - End of Year Fair Market Value:

    25,356,322
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCEL-KKR CAPITAL FMV 1,335,105 1,335,105
    ALTOR FUND II FMV 1,037,428 1,037,428
    ALTOR FUND V FMV 1,271,355 1,271,355
    AMERICAN SEC VIII FMV 2,628,343 2,628,343
    APOLLO INV FD VIII FMV 2,803,739 2,803,739
    APTITUDE ALT EQTY FMV 13,063,699 13,063,699
    ARCH VENTURE FD V LP FMV 182,481 182,481
    BAIN CAP DBL IMP II FMV 1,511,762 1,511,762
    BAIN CAPITAL XII FMV 5,759,952 5,759,952
    BAIN CAPITAL XIII FMV 298,299 298,299
    BC EUROPEAN CAPITAL VIII-2 LP FMV 78,109 78,109
    BERKSHIRE FUND IX LP FMV 7,171,201 7,171,201
    BERKSHIRE FUND IX LP FMV 372,630 372,630
    BERKSHIRE FUND X-A L.P. FMV 397,066 397,066
    BLACKSTONE CAPITAL PARTNERS V FMV 126,646 126,646
    CALVERT HIGH YIELD BOND-R6 FMV 28,283,021 28,283,021
    CAUSEWAY INT VAL F FMV 17,178,623 17,178,623
    CENTERBRIDGE CAPITAL FMV 5,733,879 5,733,879
    CVC CAPITAL PARTNERS VIII (A) FMV 834,851 834,851
    CVC CAPITAL VII FMV 2,035,045 2,035,045
    CVC EURO EQ P V LP FMV 229,480 229,480
    D E SHAW VALENCE INTERNATIONAL FMV 15,712,559 15,712,559
    DWS GLOBAL INFRA FMV 33,245,608 33,245,608
    ELEMENT CAPITAL FEEDER FUND FMV 3,967,805 3,967,805
    EMG MKTS EQ FD 3C1 FMV 12,411,341 12,411,341
    FIERA INTERNATIONAL FMV 28,139,621 28,139,621
    GAUGE CAPITAL III LP FMV 14,545 14,545
    GENERAL CATALYST GROUP XI FMV 345,162 345,162
    GENSTAR CAPITAL PARTNERS X LP FMV 213,638 213,638
    GLDMN SCHS TCT TLT OVRLY-R6 FMV 21,731,680 21,731,680
    GOLDMAN SACHS MNGD BETA-INST FMV 88,569,700 88,569,700
    GREENBRIAR EQUITY FUND V L.P. FMV 284,218 284,218
    GSF AM SEC PART VI FMV 3,085,801 3,085,801
    GSF BR SM CAP CORE FMV 19,379,009 19,379,009
    GSF CDH IV FUND FMV 1,297,431 1,297,431
    GSF CLAYTON DUBILIER & RICE FMV 770,461 770,461
    GSF GENSTAR X OPPORTUNITIES FMV 40,938 40,938
    GSF GS EMG MKT DBT F FMV 41,171,257 41,171,257
    GSF GS STRUCT EM FD FMV 23,810,199 23,810,199
    GSF GSAM REITS FUND FMV 22,910,769 22,910,769
    GSF HIG CAP PART V FMV 2,384,656 2,384,656
    GSF LITTLE JOHN FMV 354,963 354,963
    GSF RIVERSTONE V LP FMV 1,113,103 1,113,103
    GSF WATER STREET III FMV 569,854 569,854
    GSF WATER STREET ORION FUND FMV 72,466 72,466
    H&F FLASHDANCE AIV I, L.P. FMV 366,785 366,785
    HELLMAN & FRIEDMAN CAPITAL PARTNERS VIII, L.P. FMV 8,394,951 8,394,951
    HELLMAN & FRIEDMAN CAPITAL PARTNERS X L.P. FMV 253,276 253,276
    HELLMAN FRIEDMAN IX FMV 854,661 854,661
    IMPRINT THEMATIC OPPORTUNITIES FMV 888,926 888,926
    INSIGHT PARTNERS CAYMAN XII LP FMV 701,617 701,617
    INSIGHT PARTNERS XI FMV 7,333,004 7,333,004
    LITTLEJOHN FUND VI FMV 1,588,600 1,588,600
    LUMINATE CAPITAL PARTNERS III FMV 604,207 604,207
    MHR INSTITUTIONAL PARTNERS II FMV 905,312 905,312
    MONARCH V LP FMV 423,185 423,185
    OLYMPUS GROWTH VII FMV 2,116,094 2,116,094
    OWNERSHIP GLOBAL FMV 39,726,831 39,726,831
    PARTHENON VI PARALEL FMV 92,179 92,179
    PRIVATE MARKETS FUND III LP FMV 2,929,690 2,929,690
    QUANT ENERGY P V,LP FMV 1,120,257 1,120,257
    RECOGNIZE PARTNERS I LP FMV 116,854 116,854
    SANKATY SR LOAN FUND FMV 9,087,813 9,087,813
    SGA INTL SM CAP EQ FMV 13,812,004 13,812,004
    SILVER POINT CAPITAL OFFSHORE FMV 9,212,418 9,212,418
    TACONIC OPPORTUNITY OFFSHORE FMV 4,184,627 4,184,627
    TWO SIGMA ABSOLUTE RETURN FMV 9,161,138 9,161,138

    TY 2021 LegalFeesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 91,399 91,399   0


    TY 2021 OtherAssetsSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST AND DIVIDENDS RECEIVABLE 1,170,073 904,675 904,675
    PREPAID FEDERAL UNRELATED BUSINESS INCOME TAX 154,523 154,523 154,523
    PREPAID STATE UNRELATED BUSINESS INCOME TAX 51,936 51,936 51,936
    PREPAID FEDERAL EXCISE TAX 542,926    
    RECEIVABLE FOR UNREALIZED GAIN ON DERIVATIVES 27,954    
    RECEIVABLE FROM SECURITIES SOLD 7,307,939 4,397,716 4,397,716
    DEFERRED TAX ASSET   98,883 98,883


    TY 2021 OtherDecreasesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Amount
    PROVISION FOR DEFERRED FEDERAL EXCISE TAX 153,994


    TY 2021 OtherExpensesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEES 1,800 0   1,800
    OTHER PARTNERSHIP EXPENSES THRU K-1S 0 1,154,526   0
    MEMBERSHIPS 12,000 0   12,000
    BANK FEES AND OTHER 500 500   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET ORDINARY INCOME THROUGH K-1S, NET OF UBI   721,907  
    PARTNERSHIP INCOME 1,871,410 -256,874 1,871,410
    FEDERAL UNRELATED BUSINESS INCOME TAX BENEFIT 98,883   98,883
    REALIZED CURRENCY GAIN 187,912 187,912 187,912
    CLASS ACTION PROCEEDS 1,740 1,740 1,740


    TY 2021 OtherIncreasesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 18,444,280


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX 1,342,884 1,496,878
    PAYABLE FOR UNREALIZED LOSS ON DERIVATIVES 245,261 158,987
    PAYABLE FOR INVESTMENTS PURCHASED 14,874,408 23,176,865
    FEDERAL EXCISE TAX PAYABLE 0 145,433


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT AND CUSTODIAL FEES 3,046,583 2,619,022   0
    PROGRAM CONSULTANTS 1,600,998 0   1,351,133
    GRANT DUE DILIGENCE 3,012,258 0   2,911,159
    ADMINISTRATIVE CONSULTANTS 4,690 0   4,690


    TY 2021 TaxesSchedule
    Name:
    THE GOLDMAN SACHS FOUNDATION
    EIN:
    31-1678646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 3,248,360 0   0
    STATE UNRELATED BUSINESS INCOME TAXES 29 0   0
    FOREIGN TAXES THROUGH K-1S, NET OF UBI 0 121,997   0