Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$648,213,335
J 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) 239,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,738,194 1,738,194  
4 Dividends and interest from securities... 8,717,804 10,672,915  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -13,244,263
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 1,151,956 -760,472  
12 Total. Add lines 1 through 11........ -1,397,309 11,650,637  
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)......... 54,931 54,931   0
b Accounting fees (attach schedule)....... 304,025 63,211   160,215
c Other professional fees (attach schedule).... 10,264,808 2,408,103   5,870,048
17 Interest...............   350,992    
18 Taxes (attach schedule) (see instructions)... 179,691 134,701   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 2,537,597 1,455,883   2,580,503
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,341,052 4,467,821   8,610,766
25 Contributions, gifts, grants paid....... 44,537,234 44,905,032
26 Total expenses and disbursements. Add lines 24 and 25 57,878,286 4,467,821   53,515,798
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -59,275,595
b Net investment income (if negative, enter -0-) 7,182,816
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 54,816,555 25,138,898 25,138,898
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 9,647,300 Click to see attachment
List of Attached Documents:
// Content
14,139,162
14,139,162
b Investments—corporate stock (attach schedule)....... 68,696,849 Click to see attachment
List of Attached Documents:
// Content
53,450,242
53,450,242
c Investments—corporate bonds (attach schedule)....... 70,239,446 Click to see attachment
List of Attached Documents:
// Content
84,390,568
84,390,568
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 415,538,769 Click to see attachment
List of Attached Documents:
// Content
459,317,503
459,317,503
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
12,491,693
Click to see attachment
List of Attached Documents:
// Content
11,776,962
Click to see attachment
List of Attached Documents:
// Content
11,776,962
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 631,430,612 648,213,335 648,213,335
Liabilities 17 Accounts payable and accrued expenses.......... 1,900,388 1,793,915
18 Grants payable................. 30,632,272 30,264,474
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
20,268,486
Click to see attachment
List of Attached Documents:
// Content
13,376,991
23 Total liabilities (add lines 17 through 22)......... 52,801,146 45,435,380
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 578,629,466 602,777,955
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 578,629,466 602,777,955
30 Total liabilities and net assets/fund balances (see instructions). 631,430,612 648,213,335
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
578,629,466
2
Enter amount from Part I, line 27a .....................
2
-59,275,595
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
84,577,183
4
Add lines 1, 2, and 3 ..........................
4
603,931,054
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,153,099
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
602,777,955
Form 990-PF (2023)
Form 990-PF (2023)
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 ACCEL-KKR CAPITAL PARTNERS V STRATEGIC FUND, LP P    
c ALTOR FUND V [ALTOR FUND V (NO.1) AB + ALTOR FUND V (NO.2) AB] P    
d AMERICAN SECURITIES PARTNERS VIII, L.P P    
e APOLLO INVESTMENT FUND VIII, L.P. P    
ARCH VENTURE FUND V, L.P. P    
BAIN CAPITAL DOUBLE IMPACT FUND II, L.P. P    
BAIN CAPITAL FUND XII, L.P. P    
BAIN CAPITAL FUND XIII, L.P. P    
BERKSHIRE FUND IX, L.P. P    
CENTERBRIDGE CAPITAL PARTNERS III P    
CVC CAPITAL PARTNERS VII (A) L.P. P    
CVC CAPITAL PARTNERS VIII (A) L.P. P    
CVC EUROPEAN EQUITY PARTNERS V P    
ALTOR FUND II (NO. 2) LIMITED PARTNERSHIP P    
AMERICAN SECURITIES PARTNERS VI, L.P. P    
BC EUROPEAN CAPITAL VIII P    
BLACKSTONE CAPITAL PARTNERS V-AC L.P. P    
CDH FUND IV FEEDER, L.P. P    
H.I.G. CAPITAL PARTNERS V, L.P. P    
LITTLEJOHN FUND IV-A, L.P. P    
RIVERSTONE GLOBAL ENERGY & POWER FUND V, L.P. P    
WATER STREET HEALTHCARE PARTNERS III, L.P. P    
HELLMAN & FRIEDMAN CAPITAL PARTNERS VIII, L.P. AND H&F FLASHDANCE AIV I, L.P P    
HELLMAN & FRIEDMAN CAPITAL PARTNERS IX, L.P. P    
INSIGHT PARTNERS (CAYMAN) XI, L.P. P    
LITTLEJOHN FUND VI, L.P. P    
MHR INSTITUTIONAL PARTNERS IIA LP P    
ODYSSEY INVESTMENT PARTNERS FUND VI, LP P    
OLYMPUS GROWTH FUND VII LP + OYMPUS GROWTH FUND VII AIV (CAYMAN) LP P    
OWNERSHIP CAPITAL GLOBAL EQUITY (USD) FUND, L.P. P    
PARTHENON INVESTORS VI, L.P. P    
QUANTUM ENERGY PARTNERS V, LP P    
BERKSHIRE FUND X-A, L.P. P    
COPERATIEVE H2 EQUITY PARTNERS FUND VI U.A. P    
GENERAL CATALYST GROUP XI - ENDURANCE, L.P. P    
CLAYTON, DUBILIER & RICE FUND XI, L.P. P    
WATER STREET ORION FUND, L.P. P    
IMPRINT THEMATIC OPPORTUNITIES LLC P    
INSIGHT PARTNERS (CAYMAN)XII, L.P P    
LIGHTSPEED VENTURE PARTNERS SELECT V, L.P. P    
LUMINATE CAPITAL PARTNERS III, LP P    
MONARCH V LP P    
PARTHENON INVSTRS VII PARL LP P    
PEGASUS WSJLL FUND, L.P. P    
PRIVATE CREDIT MANAGERS IV OFFSHORE LP P    
PRIVATE CREDIT MANAGERS III OFFSHORE LP P    
PRIVATE MARKETS FUND III LP P    
APTITUDE ALTERNATIVE EQUITY P    
D E SHAW VALENCE INTERNATIONAL P    
ELEMENT CAPITAL FEEDER FUND LIMITED P    
DREYFUS TREASURY SECURITIES CM P    
PERRY PARTNERS INTL CL-2 K 108 P    
TPG AXON PARTNERS (OFFSHORE) 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 - BRAZILIAN REAL P    
FFX FORWARD CONTRACTS - THAI BAHT P    
FFX FORWARD CONTRACTS - POLISH ZLOTY P    
NET CAPITAL LOSS THROUGH K-1S NET OF UBI AND AMOUNTS 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       -2,112,348
b       85,743
c       292,258
d       -27
e       246,397
      52,540
      122
      205,623
      5,214
      1,567,883
      1,528,977
      -114,085
      -80,376
      -92,435
      -1,281,048
      -1,314,765
      -486,400
      -260,313
      -273,470
      229,242
      -1,244,615
      -346,552
      -1,008,144
      22,495
      4,800
      87,059
      875,003
      0
      0
      280,098
      -13,734,632
      3,840
      82,887
      9,469
      -13,662
      -2,328
      338
      750,000
      78,765
      -18,323
      22,112
      -25
      0
      0
      466,446
      7,029
      0
      550,513
      1
      1,589,631
      50,000
      -61,448
      -217,969
      -146,059
      68,330
      1,024
      -87,790
      -560
      -78,259
      -100,583
      6,936
      11,108
      614,497
      -4,589
      17,316
      1,524
      22,521
      -1,132
      508
      -101
      -478
      -1
      7
      -506,917
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       -2,112,348
b       85,743
c       292,258
d       -27
e       246,397
      52,540
      122
      205,623
      5,214
      1,567,883
      1,528,977
      -114,085
      -80,376
      -92,435
      -1,281,048
      -1,314,765
      -486,400
      -260,313
      -273,470
      229,242
      -1,244,615
      -346,552
      -1,008,144
      22,495
      4,800
      87,059
      875,003
      0
      0
      280,098
      -13,734,632
      3,840
      82,887
      9,469
      -13,662
      -2,328
      338
      750,000
      78,765
      -18,323
      22,112
      -25
      0
      0
      466,446
      7,029
      0
      550,513
      1
      1,589,631
      50,000
      -61,448
      -217,969
      -146,059
      68,330
      1,024
      -87,790
      -560
      -78,259
      -100,583
      6,936
      11,108
      614,497
      -4,589
      17,316
      1,524
      22,521
      -1,132
      508
      -101
      -478
      -1
      7
      -506,917
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 -13,751,178
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  
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 right arrow 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) 1 99,841
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 99,841
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 99,841
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 190,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 190,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 90,159
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow90,159 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowNY, 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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowWWW.GS.COM
14
The books are in care ofright arrowEMMETT C ST JOHN Telephone no.right arrow (212) 902-4223

Located atright arrow200 WEST STREETNEW YORKNY ZIP+4right arrow102822198
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrowBR, CA, DA, GR, HU, ID, EI, IS, JA, KS, MY, NO, PL, PO, SW, TU, UK
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
List of Attached Documents:
// Content
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
JOHN F W ROGERS DIRECTOR
1.00
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
MUNEER SATTER DIRECTOR
1.00
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
DAVID J GREENWALD START 31423 DIRECTOR
0.50
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
ASAHI POMPEY PRESIDENT
2.00
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 CHIEF FINANCIAL OFFICER
10.00
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
CHARLOTTE KEENAN VICE PRESIDENT
32.00
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
THOMAS MORIN VICE PRESIDENT
35.00
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
JESSICA TAYLOR VICE PRESIDENT
32.00
0 0 0
C/O GOLDMAN SACHS CO 200 WEST ST
29TH FL
NEW YORK,NY102822198
ANNE WELLDE START 71323 VICE PRESIDENT
36.00
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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 1,411,900
600 THIRD AVENUE16
NEW YORK,NY10016
KROLL INC GRANT DUE DILIGENCE 1,290,050
11440 COMMERCE PARK DRIVE SUITE 501
RESTON,VA20191
FACTIVA (A DOW JONES COMPANY) GRANT DUE DILIGENCE 1,110,040
PO BOX 300
PRINCETON,NJ08543
FIRST PROTOCOL EVENTS MANAGEMENT 979,125
630 NINTH AVENUE SUITE 310
NEW YORK,NY10036
ARAMARK SERVICES INC EVENTS MANAGEMENT 857,017
2400 MARKET STREET
PHILADELPHIA,PA19103
Total number of others receiving over $50,000 for professional services.............right arrow41
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
619,943,980
b
Average of monthly cash balances.......................
1b
1,533,578
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
621,477,558
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
621,477,558
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,322,163
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
612,155,395
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
30,607,770
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
30,607,770
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
99,841
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
99,841
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
30,507,929
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
30,507,929
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
30,507,929
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
53,515,798
b
Program-related investments—total from Part VIII-B..................
1b
0
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
53,515,798
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7 30,507,929
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 4,705,625
b From 2019...... 8,786,487
c From 2020...... 26,734,265
d From 2021...... 6,937,180
e From 2022...... 43,276,411
f Total of lines 3a through e ........ 90,439,968
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 53,515,798
a Applied to 2022, 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 2023 distributable amount..... 30,507,929
e Remaining amount distributed out of corpus 23,007,869
5 Excess distributions carryover applied to 2023. 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 5 113,447,837
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
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 2018 not
applied on line 5 or line 7 (see instructions) ...
4,705,625
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
108,742,212
10 Analysis of line 9:
a Excess from 2019.... 8,786,487
b Excess from 2020.... 26,734,265
c Excess from 2021.... 6,937,180
d Excess from 2022.... 43,276,411
e Excess from 2023.... 23,007,869
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
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 (2023)
Form 990-PF (2023)
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

ASTON UNIVERSITY

ASTON BUSINESS SCHOOL ASTON
TRIANGLE
BIRMINGHAM   B4 7ET
UK
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN THE UK. 221,363

AURORA ST ANTHONY NEIGHBORHOOD DEVELOPMENT CORPORATION

360 UNIVERSITY AVE W SUITE103
ST PAUL,MN55104
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MINNESOTA. 100,000

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. 4,033,571

BETHESDA CENTER FOR THE HOMELESS

930 N PATTERSON AVENUE
WINSTONSALEM,NC27101
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 125,000

BISMARCK STATE COLLEGE

1255 SCHAFER STREET PO BOX 5587
BISMARCK,ND505065587
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN NORTH DAKOTA. 275,721

BLACK EDUCATION FOR NEW ORLEANS

PO BOX 52436
NEW ORLEANS,LA70152
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW ORLEANS. 100,000

BLACK GIRL HEALTH FOUNDATION

9319 CLIFFORD DRIVE
WHITE PLAINS,MD20695
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 75,000

BLACK GIRLS SMILE INC

1660 KENMORE STREET SW
ATLANTA,GA30311
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 50,000

BLACK MAMAS ATX

9111 JOLLYVILLE ROAD SUITE 280
AUSTIN,TX78759
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN TEXAS. 75,000

BLACK WOMEN BUILD BALTIMORE INC

PO BOX 16564
BALTIMORE,MD21217
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 75,000

BROOKLYN PUBLIC LIBRARY FOUNDATION

1 GRAND ARMY PLAZA
BROOKLYN,NY112385611
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK. 250,000

BUTTERFLY DREAMZ INC

50 HARRISON STREET PH 547
HOBOKEN,NJ07030
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW JERSEY. 50,000

CHICAGO SOUTH SIDE BIRTH CENTER

29 E MADISON SUITE 602
CHICAGO,IL60602
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN ILLINOIS. 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 OHIO. 474,861

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. 1,172,716

COHORT SISTAS

651 N BROAD STREET STE 205 4450
MIDDLETOWN,DE19709
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN DELAWARE. 50,000

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. 311,090

COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION

7200 SOLLERS POINT ROAD
BALTIMORE,MD21222
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE COUNTY, MD. 385,545

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. 1,372,759

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. 584,784

COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE

26 COLLEGE DRIVE
CONCORD,NH03301
  PC GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE. 432,079

COMMUNITY REINVESTMENT FUND

801 NICOLLETT MALL SUITE 1700W
MINNEAPOLIS,MN55402
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK. 300,000

COOL GIRLS INC

315 W PONCE DE LEON AVE
DECATUR,GA30303
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 100,000

CORNERSTONE CORPORATION

6030 ETZEL AVENUE
ST LOUIS,MO63112
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE FOR MISSOURI. 75,000

CUSTOM COLLABORATIVE

102 BRADHURST AVENUE
NEW YORK,NY10039
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 100,000

CUYAHOGA COMMUNITY COLLEGE FOUNDATION

700 CARNEGIE AVENUE
CLEVELAND,OH441152878
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CLEVELAND REGION. 323,484

DAKOTA BUSINESS LENDING

5630 36TH AVE S
FARGO,ND58104
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES - PROVIDING CDFI SUPPORT. 74,500

DALLAS COLLEGE FOUNDATION

1601 SOUTH LAMAR STREET
DALLAS,TX752151816
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA. 1,336,129

DELGADO COMMUNITY COLLEGE FOUNDATION

615 CITY PARK AVENUE
NEW ORLEANS,LA70119
  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESSES INITIATIVE IN LOUISIANA. 438,013

DES MOINES AREA COMMUNITY COLLEGE

2006 S ANKENY BLVD
ANKENY,IA50023
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN IOWA. 534,141

DRIVE CHANGE INC

630 FLUSHING AVE MAILBOX 25
BROOKLYN,NY11206
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 125,000

EDUCATING YOUNG MINDS

3400 WEST SIXTH STREET SUITE 200
LOS ANGELES,CA90020
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN CALIFORNIA. 75,000

ESSEC BUSINESS SCHOOL

AVENUE BERNARD HIRSCH CS 50105
  CERGY-PONTOISE CE95021
FR
  NC GRANT TO IMPLEMENT THE 10,0000 SMALL BUSINESSES INITIATIVE IN FRANCE. 2,649,086

FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT

TSINGHUA UNIVERSITY SCHOOL OF
ECONOMICS AND MANAGEMENT
  BEIJING100084
CH
  PC GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA. 119,800

GARWYN OAKS NORTHWEST HOUSING RESOURCE CENTER

2300 GARRISON BLVD STE 211
BALTIMORE,MD21216
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 75,000

GEEKZ VENTURES

1232 PEMSHIRE CT
MARIETTA,GA30062
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 75,000

HOPE HELPING OTHER PEOPLE BE EMPOWERED

PO BOX 3166
DULUTH,GA30096
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 50,000

HABITAT FOR HUMANITY DEKALB

PO BOX 403
TUCKER,GA30085
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 125,000

HANNIBAL SQUARE COMMUNITY LAND TRUST INC

PO BOX 364
WINTER PARK,FL32790
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN FLORIDA. 75,000

HEARTSMILES

6102 FAIRWOOD AVE
BALTIMORE,MD21206
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 50,000

HOPE ENTERPRISE CORPORATION

4 OLD RIVER PL STE A
JACKSON,MS392023434
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE. 297,000

HOPE FOR YOUTH INC (HYPE)

925B PEACHTREE ST NE 2055
ATLANTA,GA30309
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN GEORGIA. 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. 1,132,108

ICE MENTORS (ERYN PINK GIRL EMPOWERMENT)

228 NORTH 21ST STREET
COLUMBUS,OH43203
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN OHIO. 75,000

INCREASING HOPE INC

8570 RIVERS AVE SUITE B
NORTH CHARLESTON,SC29406
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN SOUTH CAROLINA. 100,000

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. 3,189,225

INSPIRING MINDS OF GREATER PHILADELPHIA

7244 CASTOR AVE 1381
PHILADELPHIA,PA19149
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN PENNSYLVANIA. 50,000

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. 2,166,130

JUMPSTART INC

6701 CARNEGIE AVENUE SUITE 100
CLEVELAND,OH44103
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN ACROSS THE NATION FOR BLACK IN BUSINESS. 2,939,872

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. 2,987,128

LEAD GIRLS OF NC

500 W 4TH STREET STE 203B
WINSTONSALEM,NC27101
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NORTH CAROLINA. 50,000

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. 1,006,795

MAMA GLOW FOUNDATION

379 W BROADWAY 2ND FL
NEW YORK,NY10012
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 50,000

MIAMI DADE COLLEGE

300 NE 2ND AVENUE
MIAMI,FL33132
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER MIAMI AREA. 776,733

MOMCARES

1601 GUILFORD AVENUE 2 SOUTH
BALTIMORE,MD21202
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 50,000

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 BUSINESSES INITIATIVE IN THE GREATER BALTIMORE AREA. 649,257

NARRATIVE NATION

48 LONGSHORE ST
NEW YORK,NY11706
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 50,000

NATIONAL COALITION ON BLACK CIVIC PARTICIPATION

1050 CONNECTICUT AVENUE NW 5TH
FLOOR SUITE 500
WASHINGTON,DC20036
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE DOMESTICALLY - FL, AL, GA, MS, VA, (AND DC). 250,000

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. 225,150

ON THE ROAD LENDING

1500 N LOOP 12
IRVING,TX75061
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN ACROSS THE FOLLOWING STATES - ALABAMA, GEORGIA, MISSISSIPPI, NORTH CAROLINA, TEXAS, FLORIDA, ILLINOIS, INDIANA, MICHIGAN, MISSOURI, AND NEW YORK. 250,000

OPEN COLLECTIVE FOUNDATION

340 S LEMON AVENUE 3717
WALNUT,CA91789
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN COLORADO. 50,000

OPPORTUNITY FINANCE NETWORK

620 CHESTNUT STREET SUITE 572
PHILADELPHIA,PA191063413
  PC GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. 50,000

PARADIGM FOR PARITY

969 5TH AVE
NEW YORK,NY10075
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 100,000

PARTNERS IN EQUITY

1137 PROVIDENCE PLACE
DECATUR,GA30033
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN GEORGIA. 150,000

PAUL QUINN COLLEGE

3837 STUART SIMPSON RD
DALLAS,TX75134
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN THE DALLAS REGION. 125,000

PIVOT INC

1725 EAST BALTIMORE ST
BALTIMORE,MD21231
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 100,000

PURSUIT OF INNOVATION (PI515)

900 KEOSAUQUA WAY 357
DES MOINES,IA50311
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN IOWA. 100,000

REALIZE IMPACT

144 JACOLET LANE
BAINBRIDGE ISLAND,WA98110
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN ACROSS THE UNITED STATES. 120,000

REFLECTIONS FOUNDATION

10816 S PARNELL
CHICAGO,IL60628
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN ILLINOIS. 125,000

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. 1,101,215

SCHOLARSHIP AMERICA

1505 RIVERVIEW ROAD PO BOX 297
ST PETER,MN56082
  PC CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM. 239,000

SEEDS OF FORTUNE

38 BUFFALO AVE
BROOKLYN,NY11233
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN NEW YORK. 50,000

SINCLAIR COMMUNITY COLLEGE FOUNDATION

444 WEST THIRD STREET
DAYTON,OH45402
  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OHIO. 176,427

SISTAHS IN BUSINESS FOUNDATION

195 MAPLEWOOD AVENUE 1362
MAPLEWOOD,NJ07040
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN DOMESTICALLY. 250,000

SISTASCARING4SISTAS

780 HENDERSONVILLE RD STE7
ASHEVILLE,NC28803
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NORTH CAROLINA. 50,000

SOUL 2 SOUL SISTERS

PO BOX 7632
DENVER,CO80207
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN COLORADO. 100,000

SOUTH DALLAS FAIR PARK INNERCITY COMMUNITY DEVELOPMENT CORPORATION

4907 SPRING AVENUE
DALLAS,TX75210
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN TEXAS. 125,000

START SMALL THINK BIG INC

511 AVENUE OF THE AMERICAS SUITE
4151
NEW YORK,NY10011
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE DOMESTICALLY. 7,500

THE BRIDGE AGENCY

11748 S HARRELLS FERRY ROAD SUITE D
BATON ROUGE,LA70816
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN LOUISIANA. 75,000

THE GROWING SEASON

1603 ORRINGTON AVE 13TH FLOOR
EVANSTON,IL60201
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN ILLINOIS. 125,000

THE THERAPEUTIC PLAY FOUNDATION

236 WEST MOUNTAIN STREET 103
PASADENA,CA91103
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN CALIFORNIA. 75,000

TIDES CENTER

PO BOX 29198
SAN FRANCISCO,CA941290907
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN CALIFORNIA. 50,000

TOPPS TARGETING OUR PEOPLE'S PRIORITIES WITH SERVICE

PO BOX 2793
PINE BLUFF,AR71613
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN ARKANSAS. 100,000

TOUCH THE BLACK BREAST CANCER CENTER ALLIANCE

1011 BAY RIDGE AVENUE SUITE 200
ANNAPOLIS,MD21403
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 100,000

TULSA COMMUNITY FOUNDATION

AMC CARES 7030 S YALE STREET SUITE
600
TULSA,OK74136
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN OKLAHOMA. 125,000

UNIVERSITY OF ARKANSAS PULASKI TECHNICAL COLLEGE

3000 W SCENIC DR
NORTH LITTLE ROCK,AR72118
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES ACROSS AR AND BEYOND FOR THE RURAL MODEL. 321,516

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. 1,706,324

UNIVERSITY OF OXFORD

SAID BUSINESS SCHOOL PARK END
STREET
OXFORD   OX1 1HP
UK
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESS INITIATIVE IN THE UK. 3,415,208

UPTON PLANNING COMMITTEE INC

828 N CARROLLTON AVENUE
BALTIMORE,MD21217
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MARYLAND. 75,000

VILLAGE OF HEALING

22344 LAKESHORE BLVD
EUCLID,OH44123
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN OHIO. 100,000

WAYNE STATE UNIVERSITY

42 W WARREN AVENUE
DETROIT,MI48202
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA. 1,133,802

WE2GETHER CREATING CHANGE

167 NORTH MAIN STREET
DREW,MS38737
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE IN MISSISSIPPI. 75,000

YESSHECANCAMPAIGN

310 COLONIAL RD
EDGEWATER PARK,NJ08010
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW JERSEY. 50,000
Total .................................right arrow 3a 44,905,032
bApproved for future payment

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. 688,431

BISMARCK STATE COLLEGE
1255 SCHAFER STREET PO BOX 5587
BISMARCK,ND505065587
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN NORTH DAKOTA. 551,442

BROOKLYN PUBLIC LIBRARY FOUNDATION
1 GRAND ARMY PLAZA
BROOKLYN,NY112385611
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK. 250,000

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. 783,297

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. 155,545

COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION
7200 SOLLERS POINT ROAD
BALTIMORE,MD21222
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE COUNTY, MD. 241,990

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. 451,685

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. 100,331

COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE
26 COLLEGE DRIVE
CONCORD,NH03301
  PC GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE. 839,409

COMMUNITY REINVESTMENT FUND
801 NICOLLETT MALL SUITE 1700W
MINNEAPOLIS,MN55402
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK. 200,000

CUYAHOGA COMMUNITY COLLEGE FOUNDATION
700 CARNEGIE AVENUE
CLEVELAND,OH441152878
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CLEVELAND REGION. 646,968

DAKOTA BUSINESS LENDING
5630 36TH AVE S
FARGO,ND58104
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES - PROVIDING CDFI SUPPORT. 74,500

DELGADO COMMUNITY COLLEGE FOUNDATION
615 CITY PARK AVENUE
NEW ORLEANS,LA70119
  PC GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESSES INITIATIVE IN LOUISIANA. 876,027

DES MOINES AREA COMMUNITY COLLEGE
2006 S ANKENY BLVD
ANKENY,IA50023
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN IOWA. 320,371

FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT
TSINGHUA UNIVERSITY SCHOOL OF
ECONOMICS AND MANAGEMENT
  BEIJING100084
CH
  PC GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA. 80,191

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. 450,000

HOPE ENTERPRISE CORPORATION
4 OLD RIVER PL STE A
JACKSON,MS392023434
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE. 297,000

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. 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. 9,747,816

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. 538,107

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. 1,082,480

LOW INCOME INVESTMENT FUND
49 STEVENSON STREET SUITE 300
SAN FRANCISCO,CA94105
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE NATIONWIDE. 600,000

MIAMI DADE COLLEGE
300 NE 2ND AVENUE
MIAMI,FL33132
  PC GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER MIAMI AREA. 388,366

MORGAN STATE UNIVERSITY FOUNDATION
1700 EAST COLD SPRING LANE
BALTIMORE,MD21251
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER BALTIMORE AREA. 1,005,767

NATIONAL COALITION ON BLACK CIVIC PARTICIPATION
1050 CONNECTICUT AVENUE NW 5TH
FLOOR SUITE 500
WASHINGTON,DC20036
  PC GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE DOMESTICALLY - FL, AL, GA, MS, VA, (AND DC). 250,000

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

PAUL QUINN COLLEGE
3837 STUART SIMPSON RD
DALLAS,TX75134
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN THE DALLAS REGION. 125,000

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. 380,397

SINCLAIR COMMUNITY COLLEGE FOUNDATION
444 WEST THIRD STREET
DAYTON,OH45402
  PC GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OHIO. 76,806

UNIVERSITY OF ARKANSAS PULASKI TECHNICAL COLLEGE
3000 W SCENIC DR
NORTH LITTLE ROCK,AR72118
  PC GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES ACROSS AR AND BEYOND FOR THE RURAL MODEL. 643,032

UNIVERSITY OF OXFORD
SAID BUSINESS SCHOOL PARK END
STREET
OXFORD   OX1 1HP
UK
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESS INITIATIVE IN THE UK. 5,164,307

WAYNE STATE UNIVERSITY
42 W WARREN AVENUE
DETROIT,MI48202
  PC GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA. 724,392
Total ................................. right arrow 3b 30,264,474
Form 990-PF (2023)
Form 990-PF (2023)
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 1,738,194  
4 Dividends and interest from securities .... 901101 49,710 14 8,668,094  
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 .....     01 2,145,405  
8 Gain or (loss) from sales of assets other than
inventory ............
901101 70,266 18 -13,314,529  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBI THROUGH LIMITED PARTNERSHIPS
901101 85,172 14 -85,172  
bREALIZED CURRENCY LOSS     14 -993,449  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 205,148 -1,841,457 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-1,636,309
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2023)
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
2023
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) (2023)
Schedule B (Form 990) (2023) 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

$ 239,000


(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.)
(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) (2023)
Schedule B (Form 990) (2023)
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
 
$    
(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) (2023)
Schedule B (Form 990) (2023)
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 304,025 63,211   160,215

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

TY 2023 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
CERGYPONTOISE   95021
FR
2023-02-01 2,649,086 GRANT IN SUPPORT OF THE 10,000 SMALL BUSINESSES INITIATIVE IN FRANCE. 2,649,086 NO DIVERSION OF FUNDS TO THE KNOWLEDGE OF GSF. INTERIM REPORT - RECEIVED AUGUST 2023 / FINAL REPORT - RECEIVED AUGUST 202    

TY 2023 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 209,296 209,296
AERCAP IRELAND CAPITAL DAC / A 594,699 594,699
AIR LEASE CORP 385,924 385,924
AMERICAN INTERNATIONAL GROUP I 115,188 115,188
ANHEUSER-BUSCH INBEV WORLDWIDE 252,167 252,167
ARCH CAPITAL GROUP LTD 86,073 86,073
ARCHER-DANIELS-MIDLAND CO 90,173 90,173
AT&T INC 434,609 434,609
AVOLON HOLDINGS FUNDING L 144A 144,698 144,698
BANK OF AMERICA CORP 1,796,491 1,796,491
BANK OF NEW YORK MELLON CORP/T 68,000 68,000
BARCLAYS PLC 399,536 399,536
BAT CAPITAL CORP 85,990 85,990
BERKSHIRE HATHAWAY ENERGY CO 23,674 23,674
BOEING CO/THE 262,911 262,911
BROADCOM INC 144A 490,010 490,010
BURLINGTON NORTHERN SANTA FE L 21,705 21,705
CHARTER COMMUNICATIONS OPERATI 470,601 470,601
CITIGROUP INC 864,770 864,770
COMCAST CORP 72,623 72,623
CONSTELLATION BRANDS INC 230,324 230,324
CVS HEALTH CORP 409,735 409,735
DEVON ENERGY CORP 48,375 48,375
DH EUROPE FINANCE II SARL 135,948 135,948
DUKE ENERGY CAROLINAS LLC 73,760 73,760
DUPONT DE NEMOURS INC 173,742 173,742
ENBRIDGE INC 198,990 198,990
EXELON CORP 22,560 22,560
EXPEDIA GROUP INC 224,273 224,273
FEDERAL NATL MTG ASSN 5,901,560 5,901,560
FEDEX CORP 49,965 49,965
FIFTH THIRD BANCORP 241,745 241,745
FISERV INC 171,136 171,136
FOX CORP 73,115 73,115
GE CAPITAL INTERNATIONAL FUNDI 194,414 194,414
GENERAL MOTORS CO 147,398 147,398
GENERAL MOTORS FINANCIAL CO IN 290,817 290,817
HEWLETT PACKARD ENTERPRISE CO 27,049 27,049
INTERCONTINENTAL EXCHANGE INC 35,912 35,912
JPMORGAN CHASE & CO 867,312 867,312
KEURIG DR PEPPER INC 69,023 69,023
MARRIOTT INTERNATIONAL INC/MD 130,014 130,014
MORGAN STANLEY 1,043,326 1,043,326
NETFLIX INC 131,605 131,605
NISOURCE INC 93,157 93,157
NORTHROP GRUMMAN CORP 42,975 42,975
NRG ENERGY INC 144A 247,095 247,095
OCCIDENTAL PETROLEUM CORP 52,328 52,328
ORACLE CORP 625,799 625,799
PAYPAL HOLDINGS INC 140,810 140,810
PLAINS ALL AMERICAN PIPELINE L 115,194 115,194
PRUDENTIAL FINANCIAL INC 116,524 116,524
REPUBLIC SERVICES INC 76,466 76,466
SHERWIN-WILLIAMS CO/THE 36,398 36,398
SOUTHERN POWER CO 115,200 115,200
SUMITOMO MITSUI FINANCIAL GROU 374,505 374,505
SYSCO CORP 58,907 58,907
TRUIST FINANCIAL CORP 35,627 35,627
UNION PACIFIC CORP 111,108 111,108
UNITEDHEALTH GROUP INC 479,577 479,577
US BANCORP 103,246 103,246
VENTAS REALTY LP 195,414 195,414
VERIZON COMMUNICATIONS INC 475,151 475,151
VISTRA OPERATIONS CO LLC 144A 320,414 320,414
WALT DISNEY CO/THE 69,440 69,440
WELLS FARGO & CO 379,631 379,631
WESTPAC BANKING CORP 68,633 68,633
WILLIAMS COS INC/THE 374,632 374,632
PHILLIPS 66 221,378 221,378
FLORIDA POWER & LIGHT CO 45,153 45,153
CANADIAN IMPERIAL BANK OF COMM 326,946 326,946
BRISTOL-MYERS SQUIBB CO 111,321 111,321
AVANGRID INC 291,426 291,426
MPLX LP 176,925 176,925
MARATHON PETROLEUM CORP 239,070 239,070
UBS GROUP AG 144A 600,075 600,075
OTIS WORLDWIDE CORP 200,673 200,673
MID-AMERICA APARTMENTS LP 20,305 20,305
WASTE MANAGEMENT INC 21,994 21,994
LOS ANGELES CA MUNI IMPT CORPL 21,625 21,625
UDR INC 39,269 39,269
NEW YORK CITY NY TRANSITIONAL 43,890 43,890
APPLIED MATERIALS INC 21,292 21,292
AGREE LP 21,452 21,452
LOWE'S COS INC 131,125 131,125
OHIO POWER CO 21,923 21,923
ENTERGY CORP 23,746 23,746
GLOBAL PAYMENTS INC 218,023 218,023
MARS INC 144A 169,088 169,088
RUSH OBLIGATED GROUP 23,782 23,782
SOUTHERN CALIFORNIA EDISON CO 73,601 73,601
NEW YORK LIFE INSURANCE C 144A 40,167 40,167
AMERICAN HOMES 4 RENT LP 103,142 103,142
STANFORD HEALTH CARE 27,599 27,599
PACIFIC GAS AND ELECTRIC CO 158,625 158,625
CANADIAN PACIFIC RAILWAY CO 42,857 42,857
J M SMUCKER CO/THE 305,999 305,999
BANNER HEALTH 77,813 77,813
WILLIS NORTH AMERICA INC 89,532 89,532
NEWCREST FINANCE PTY LTD 144A 90,467 90,467
WP CAREY INC 93,920 93,920
FLORIDA ST BRD OF ADMIN FIN CO 46,915 46,915
HOME DEPOT INC/THE 49,234 49,234
AUTONATION INC 118,147 118,147
CSX CORP 102,315 102,315
COMMONSPIRIT HEALTH 51,382 51,382
COSTAR GROUP INC 144A 106,404 106,404
WALGREENS BOOTS ALLIANCE INC 44,334 44,334
MORGAN STANLEY BANK OF A C25 B 91,871 91,871
SPIRIT REALTY LP 142,470 142,470
ILLINOIS ST 108,838 108,838
MET TRANSPRTN AUTH NY REVENUE 97,496 97,496
PNC FINANCIAL SERVICES GROUP I 243,020 243,020
STARBUCKS CORP 192,927 192,927
UBS COMMERCIAL MORTGAGE C17 A4 131,603 131,603
CALIFORNIA ST 126,261 126,261
ANHEUSER-BUSCH COS LLC / ANHEU 248,181 248,181
MORGAN STANLEY CAPITAL HR8 A4 208,115 208,115
KILROY REALTY LP 75,039 75,039
MIDAMERICAN ENERGY CO 239,100 239,100
MORGAN STANLEY CAPITAL I L4 A3 263,457 263,457
CENTENE CORP 404,852 404,852
GNMA II POOL #0MA6221 201,742 201,742
SHACKLETON 2013-III 3A AR 144A 619,142 619,142
FHLMC POOL #ZT-1778 261,546 261,546
COMMIT TO PUR FNMA SF MTG 2,062,030 2,062,030
COMMIT TO PUR GNMA II JUMBOS 3,563,820 3,563,820
FHLMC POOL #RA-1411 507,659 507,659
GNMA II POOL #0MA6544 403,204 403,204
NASDAQ INC 35,372 35,372
UNIVERSITY OF CHICAGO/THE 51,948 51,948
HUNTSMAN INTERNATIONAL LLC 72,266 72,266
CCP_CDS. SP UL JWN CME 228 228
CSAIL 2021-C20 COMMERCI C20 A3 125,946 125,946
MORGAN STANLEY CAPITAL I L5 A4 171,620 171,620
WELLS FARGO COMMERCIAL C59 A5 169,330 169,330
EMORY UNIVERSITY 107,693 107,693
TIME WARNER CABLE LLC 45,402 45,402
FNMA POOL #0FM7475 789,959 789,959
FNMA POOL #0FM8691 726,070 726,070
KRAFT HEINZ FOODS CO 76,563 76,563
GNMA II POOL #0MA5332 71,525 71,525
GNMA II POOL #0MA5597 265,148 265,148
GNMA II POOL #0MA5653 30,037 30,037
GNMA II POOL #0MA5712 239,417 239,417
GNMA II POOL #0MA5819 3,497 3,497
GNMA II POOL #0MA6093 201,281 201,281
GNMA II POOL #0MA6714 51,396 51,396
GNMA II POOL #0MA6770 113,509 113,509
GNMA II POOL #0MA7706 744,697 744,697
ADVENTIST HEALTH SYSTEM/WEST 22,596 22,596
BAYLOR SCOTT & WHITE HOLDINGS 29,147 29,147
STERIS IRISH FINCO UNLTD CO 86,171 86,171
STRYKER CORP 128,459 128,459
STANLEY BLACK & DECKER INC 23,524 23,524
STEEL DYNAMICS INC 95,847 95,847
PRINCIPAL FINANCIAL GROUP INC 105,750 105,750
MARTIN MARIETTA MATERIALS INC 37,372 37,372
TECK RESOURCES LTD 51,114 51,114
ATLAS SENIOR LOAN 14A AR 144A 495,772 495,772
CFIP CLO 2021-1 LTD 1A A 144A 499,420 499,420
DIAMETER CAPITAL C 1A A1A 144A 299,470 299,470
ICG US CLO 2017-1 1A ARR 144A 499,976 499,976
SHACKLETON 2019-X 14A A1R 144A 497,898 497,898
TRYSAIL CLO 2021-1 1A A1 144A 250,045 250,045
BX TRUST 2021-ARIA ARIA C 144A 48,306 48,306
CONNECTICUT AVENU R03 1M2 144A 44,368 44,368
CONNECTICUT AVENU R01 1M2 144A 48,969 48,969
DOLP TRUST 2021-NYC NYC A 144A 206,158 206,158
FREDDIE MAC STACR DNA5 M2 144A 25,065 25,065
JP MORGAN MORTGAGE T 6 A3 144A 99,730 99,730
GREAT-WEST LIFECO FINANCE 144A 62,262 62,262
INTERNATIONAL FLAVORS & F 144A 190,006 190,006
NETFLIX INC 144A 197,447 197,447
7-ELEVEN INC 144A 197,021 197,021
CUBESMART LP 98,550 98,550
TRACTOR SUPPLY CO 41,010 41,010
CHICAGO IL O'HARE INTERNATIONA 4,714 4,714
MARYLAND ST DEPT OF TRANSPRTN 25,970 25,970
NEW JERSEY ST TURNPIKE AUTH TU 4,451 4,451
PORT OF OAKLAND CA 22,537 22,537
TUCSON AZ COPS 17,486 17,486
UNIV OF NORTH CAROLINA NC AT C 4,501 4,501
DELL INTERNATIONAL LLC / EMC C 127,843 127,843
SERVICENOW INC 123,558 123,558
T-MOBILE USA INC 516,135 516,135
CALVERT HIGH YIELD BOND-R6 18,429,635 18,429,635
LOUISIANA LOCAL GOVERNM ELL A3 126,259 126,259
FHLMC POOL #SD-0296 386,476 386,476
FHLMC POOL #SD-8229 465,064 465,064
FHLMC POOL #QA-1023 44,316 44,316
FHLMC POOL #QD-9326 365,255 365,255
FHLMC POOL #RA-5276 759,015 759,015
FHLMC POOL #RA-6676 1,562,881 1,562,881
FNMA POOL #0BV4122 1,561,044 1,561,044
FNMA POOL #0CA3861 429,941 429,941
FNMA POOL #0CA3967 303,884 303,884
FNMA POOL #0CA6988 765,848 765,848
FNMA POOL #0CB4307 885,875 885,875
FNMA POOL #0FM2984 523,098 523,098
FNMA POOL #0FM2985 259,367 259,367
GNMA II POOL #0MA6541 375,073 375,073
HCA INC 77,124 77,124
LENNAR CORP 69,924 69,924
CONNECTICUT AVENU R05 2M1 144A 29,741 29,741
CONNECTICUT AVENU R05 2M2 144A 35,615 35,615
FREDDIE MAC STAC DNA1 M1A 144A 70,989 70,989
FREDDIE MAC STAC DNA3 M1A 144A 26,977 26,977
PROLOGIS LP 68,104 68,104
NXP BV / NXP FUNDING LLC / NXP 196,577 196,577
WORKDAY INC 118,678 118,678
FORD CREDIT AUTO OWNER T C A2A 50,213 50,213
GM FINANCIAL CONSUMER AU 4 A2A 201,072 201,072
HONDA AUTO RECEIVABLES 20 4 A3 331,890 331,890
MERCEDES-BENZ AUTO RECEIV 2 A2 125,953 125,953
NISSAN AUTO RECEIVABLES 2 B A3 51,224 51,224
SANTANDER DRIVE AUTO RECE 6 A2 250,855 250,855
BARCLAYS DRYROCK ISSUANCE 1 A 199,972 199,972
BARCLAYS DRYROCK ISSUANCE 2 A 500,840 500,840
CHASE ISSUANCE TRUST A1 A 197,330 197,330
CITIBANK CREDIT CARD ISS A1 A1 151,151 151,151
RTX CORP 366,138 366,138
M&T BANK CORP 394,489 394,489
CCP_CDX. SP UL CDX.NA.IG.40_V1 116,440 116,440
CCP_OIS. R USD-SOFR-COMPOUND 1 67,914 67,914
BANK 2023-BNK46 BNK46 A4 158,007 158,007
MSWF COMMERCIAL MORTGAGE 2 A2 131,275 131,275
S&P GLOBAL INC 74,805 74,805
FHLMC MULTICLASS MTG 153 A2 95,548 95,548
FHLMC MULTICLASS MTG KF153 AS 99,901 99,901
FHLMC POOL #WN-2303 146,801 146,801
FNMA POOL #0BF0676 875,984 875,984
FNMA POOL #0CB5142 490,084 490,084
FNMA POOL #0CB5143 463,157 463,157
GNMA GTD REMIC P/T 21-135 A 512,446 512,446
AMGEN INC 154,004 154,004
BECTON DICKINSON & CO 113,976 113,976
CIGNA GROUP/THE 439,984 439,984
WARNERMEDIA HOLDINGS INC 404,897 404,897
ALLEGRO CLO VIII LTD 2A A 144A 237,918 237,918
OCP CLO 2019-16 LT 16A AR 144A 249,504 249,504
POST CLO 2018-1 LTD 1A A 144A 246,272 246,272
BANK OF AMERICA AUT 2A A2 144A 150,864 150,864
GMF FLOORPLAN OWNER 1 A1 144A 202,500 202,500
JP MORGAN MORTGAGE HE3 A1 144A 80,000 80,000
ANGEL OAK MORTGAGE T 6 A1 144A 54,929 54,929
CHASE HOME LENDIN RPL2 A1 144A 87,365 87,365
CARRIER GLOBAL CORP 144A 308,986 308,986
COLUMBIA PIPELINES OPERAT 144A 157,344 157,344
HYUNDAI CAPITAL AMERICA 144A 200,327 200,327
VERALTO CORP 144A 290,349 290,349
INVITATION HOMES OPERATING PAR 44,362 44,362
NNN REIT INC 222,703 222,703
RETAIL OPPORTUNITY INVESTMENTS 157,709 157,709

TY 2023 InvestmentsCorpStockSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Name of Stock End of Year Book Value End of Year Fair Market Value
AERCAP HOLDINGS NV 677,352 677,352
AMAZON.COM INC 1,526,389 1,526,389
AMERICAN EXPRESS CO 859,703 859,703
AON PLC 415,868 415,868
BAE SYSTEMS PLC 689,627 689,627
BANK OF NEW YORK MELLON CORP 1,109,133 1,109,133
BERKSHIRE HATHAWAY INC 1,356,021 1,356,021
CAPITAL ONE FINANCIAL CORP 533,921 533,921
CIE FINANCIERE RICHEMONT SA 511,052 511,052
CITIGROUP INC 545,984 545,984
COCA-COLA CO/THE 106,074 106,074
COGNIZANT TECHNOLOGY SOLUTIONS 392,756 392,756
COMCAST CORP 571,497 571,497
CONOCOPHILLIPS 1,460,741 1,460,741
DENTSPLY SIRONA INC 373,375 373,375
DEVON ENERGY CORP 113,250 113,250
EXPEDIA GROUP INC 499,996 499,996
EXXON MOBIL CORP 209,958 209,958
FOX CORP 317,975 317,975
GENERAL ELECTRIC CO 824,107 824,107
GRAFTECH INTERNATIONAL LTD 59,787 59,787
HILTON WORLDWIDE HOLDINGS INC 429,550 429,550
JOHNSON & JOHNSON 219,436 219,436
LIBERTY BROADBAND CORP 353,790 353,790
LLOYDS BANKING GROUP PLC 391,922 391,922
LOCKHEED MARTIN CORP 181,296 181,296
MARRIOTT INTERNATIONAL INC/MD 411,330 411,330
MARSH & MCLENNAN COS INC 621,272 621,272
MICRON TECHNOLOGY INC 247,486 247,486
MICROSOFT CORP 1,974,586 1,974,586
NETFLIX INC 786,311 786,311
NEWS CORP 439,445 439,445
NORTHROP GRUMMAN CORP 210,663 210,663
OCCIDENTAL PETROLEUM CORP 807,996 807,996
ORACLE CORP 105,430 105,430
PEPSICO INC 356,664 356,664
PROCTER & GAMBLE CO/THE 307,734 307,734
PROGRESSIVE CORP/THE 758,969 758,969
SAMSUNG ELECTRONICS CO LTD 1,372,643 1,372,643
SODEXO SA 347,633 347,633
STATE STREET CORP 232,380 232,380
SYSCO CORP 87,756 87,756
UBS GROUP AG 1,225,846 1,225,846
UNITEDHEALTH GROUP INC 666,511 666,511
WALT DISNEY CO/THE 126,406 126,406
WELLS FARGO & CO 842,351 842,351
VISA INC 249,936 249,936
SOUTHWEST AIRLINES CO 294,663 294,663
DANONE SA 1,113,752 1,113,752
COMPASS GROUP PLC 949,405 949,405
NOVARTIS AG 1,078,156 1,078,156
WOODWARD INC 331,885 331,885
CANADIAN NATURAL RESOURCES LTD 1,048,320 1,048,320
LAM RESEARCH CORP 414,345 414,345
TYSON FOODS INC 172,000 172,000
CHARLES SCHWAB CORP/THE 952,398 952,398
INGREDION INC 217,060 217,060
KONINKLIJKE PHILIPS NV 745,492 745,492
SHELL PLC 880,957 880,957
ALIBABA GROUP HOLDING LTD 545,351 545,351
NINTENDO CO LTD 281,874 281,874
ALPHABET INC 2,766,656 2,766,656
META PLATFORMS INC 2,131,901 2,131,901
SAFRAN SA 737,444 737,444
PROSUS NV 347,418 347,418
CHARTER COMMUNICATIONS INC 244,091 244,091
L3HARRIS TECHNOLOGIES INC 147,434 147,434
ARMSTRONG WORLD INDUSTRIES INC 167,144 167,144
ASSOCIATED BRITISH FOODS PLC 392,262 392,262
SWATCH GROUP AG/THE 38,297 38,297
DAIMLER TRUCK HOLDING AG 244,797 244,797
GROUPE BRUXELLES LAMBERT NV 286,056 286,056
TOTALENERGIES SE 391,471 391,471
ELEVANCE HEALTH INC 1,614,621 1,614,621
BOLLORE SE 1,280,593 1,280,593
SAMSUNG C&T CORP 1,206,616 1,206,616
U-HAUL HOLDING CO 810,060 810,060
EBAY INC 152,670 152,670
WARNER BROS DISCOVERY INC 85,350 85,350
DIAMONDBACK ENERGY INC 186,096 186,096
EOG RESOURCES INC 157,235 157,235
PIONEER NATURAL RESOURCES CO 134,928 134,928
RELIANCE STEEL & ALUMINUM CO 307,648 307,648
HEINEKEN NV 534,417 534,417
HEIDELBERG MATERIALS AG 1,071,673 1,071,673
RECKITT BENCKISER GROUP PLC 481,310 481,310
BAYER AG 299,645 299,645
TAIWAN SEMICONDUCTOR MANUFACTU 468,936 468,936
SAP SE 542,147 542,147
OLIN CORP 210,405 210,405
KENVUE INC 75,355 75,355

TY 2023 InvestmentsGovtObligationsSch
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
US Government Securities - End of Year Book Value:

14,139,162
US Government Securities - End of Year Fair Market Value:

14,139,162
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CAUSEWAY INTERNATL VAL-INST FMV 13,933,240 13,933,240
DWS GLOBAL INFRA FMV 25,109,171 25,109,171
EMERGING MARKETS EQUITY INDEX PLUS FUND FMV 8,822,715 8,822,715
INTERNATIONAL EQUITY LONG-ONLY FUND LP FMV 20,100,431 20,100,431
BLACKROCK ADV S/C CORE-K FMV 11,661,803 11,661,803
GLDMN SCHS TCT TLT OVRLY-R6 FMV 16,419,263 16,419,263
GOLDMAN SACHS MNGD BETA-INST FMV 62,261,569 62,261,569
JPMORGAN US EQUITY-R6 FMV 15,749,325 15,749,325
GLDMN SCHS E/M EQ INSG-INST FMV 14,003,789 14,003,789
GLDMN SCHS RL EST SEC-INST FMV 16,188,643 16,188,643
SGA INTL SM CAP EQ FMV 10,257,936 10,257,936
ADVANCED DRAINAGE SYSTEMS INC FMV 104,917 104,917
VAUGHAN NLSN SEL FMV 22,983,504 22,983,504
GLDMN SCHS EMRG MKT DBT-INST FMV 27,728,706 27,728,706
APTITUDE ALTERNATIVE EQUITY LTD FMV 12,084,274 12,084,274
D E SHAW VALENCE INTERNATIONAL FUND LP FMV 17,078,941 17,078,941
ELEMENT CAPITAL FEEDER FUND CLASS ANR NV SERIES 2 FMV 3,404,342 3,404,342
SILVER POINT CAPITAL OFFSHORE FUND D-125 FMV 10,087,111 10,087,111
TACONIC OPPORTUNITY OFFSHORE FMV 4,256,969 4,256,969
TWO SIGMA ABSOLUTE RETURN ENHANCED CAYMAN FUND LTD. FMV 6,531,684 6,531,684
ACCEL KKR CAPITAL PARTNERS V STRATEGIC FUND LP FMV 1,335,955 1,335,955
ALTOR FUND V (NO.2) FMV 2,314,682 2,314,682
AMERICAN SECURITIES PARTNERS VIII LP FMV 5,863,788 5,863,788
APOLLO INVESTMENT FUND VIII LP FMV 1,554,579 1,554,579
ARCH VENTURE FD V LP FMV 411,359 411,359
BAIN CAPITAL DOUBLE IMPACT FUND II L.P FMV 3,994,617 3,994,617
BAIN CAPITAL XII FMV 6,531,677 6,531,677
BAIN CAPITAL FUND XIII LP FMV 2,807,171 2,807,171
BERKSHIRE FUND IX LP FMV 5,765,683 5,765,683
CENTERBRIDGE CAPITAL PTNRS III FMV 4,817,724 4,817,724
CVC CAPITAL PARTNERS VII (A) FMV 2,669,444 2,669,444
CVC EUROPEAN EQUITY PARTNERS V LP FMV 99,756 99,756
ALTOR FUND II FMV 479,926 479,926
AMERICAN SEC PARTNERS VI LP FMV 3,009,241 3,009,241
BC EUROPEAN CAPITAL VIII LP FMV 2,100 2,100
BLACKSTONE CAPITAL PARTNERS V FMV 30,879 30,879
CDH FUND IV FMV 590,664 590,664
HIG CAPITAL PARTNERS V LP FMV 1,511,698 1,511,698
LITTLEJOHN FUND IV-A FMV 903,520 903,520
BAIN CAPITAL EMPIRE HOLDINGS L.P. FMV 612,472 612,472
BATTERY VENTURES XIV L.P. FMV 348,198 348,198
BERKSHIRE FUND X-A L.P. FMV 2,060,750 2,060,750
BREGAL SAGEMOUNT IV FMV 251,892 251,892
GAUGE CAPITAL III LP FMV 1,913,773 1,913,773
GENERAL CATALYST GROUP XI CREATION LP FMV 213,604 213,604
GENERAL CATALYST GROUP XI ENDURANCE LP FMV 876,609 876,609
GENERAL CATALYST GROUP XI IGNITION LP FMV 330,933 330,933
GENSTAR CAPITAL PARTNERS X LP FMV 1,697,058 1,697,058
GREENBRIAR EQUITY FUND V L.P. FMV 604,787 604,787
GSF CLAYTON DUBILIER & RICE FUND XI L.P. FMV 2,172,650 2,172,650
GSF GENSTAR X OPPORTUNITIES FUND I LP FMV 178,392 178,392
GSF WATER STREET ORION FUND L.P. FMV 1,404,825 1,404,825
HELLMAN & FRIEDMAN CAPITAL PARTNERS X L.P. FMV 1,864,172 1,864,172
IMPRINT THEMATIC OPPORTUNITIES FMV 1,394,067 1,394,067
INSIGHT PARTNERS CAYMAN XII LP FMV 1,420,040 1,420,040
LIGHTSPEED VENTURE PARTNERS SELECT V L.P FMV 482,874 482,874
LIGHTSPEED VENTURE PARTNERS XIV-A (INCEPTION) LP FMV 241,165 241,165
LIGHTSPEED VENTURE PARTNERS XIV-B (IGNITE) LP FMV 302,030 302,030
LUMINATE CAPITAL PARTNERS III LP FMV 1,295,174 1,295,174
MONARCH V LP FMV 806,408 806,408
PEGASUS WSJLL FUND L.P. FMV 489,966 489,966
PRIVATE CREDIT MANAGERS IV OFFSHORE LP. FMV 3,944,962 3,944,962
PRIVATE MARKETS FUND III LP FMV 4,777,885 4,777,885
RECOGNIZE PARTNERS I LP FMV 954,061 954,061
WATER STREET HEALTHCARE PARTNERS V L.P. FMV 374,296 374,296
BC EUROPE VI CTB INVEST SCSP FMV 200,185 200,185
COOPERATIEVE H2 EP VI UA FMV 76,504 76,504
GREENBRIAR EQUITY FUND VI LP FMV 267,026 267,026
AEA INVESTORS SM BUS V LP FMV 161,848 161,848
GENSTAR CAPITAL PARTNERS XI LP FMV 7,952 7,952
PARTHENON INVSTRS VII PARL LP FMV 13,684 13,684
BAIN CAPITAL ASIA FUND V FMV 85,110 85,110
RIVERSTONE GLOBAL ENERGY & POWER FUND V LPP FMV 595,132 595,132
WATER STREET HC PARTNERS III FMV 476,279 476,279
H&F FLASHDANCE AIV I LP FMV 435,295 435,295
HELLMAN & FRIEDMAN CAPITAL PARTNERS VIII LP FMV 5,945,948 5,945,948
HELLMAN & FRIEDMAN IX FMV 980,312 980,312
INSIGHT PARTNERS (CAYMAN) XI LP FMV 5,781,447 5,781,447
LITTLEJOHN FUND VI FMV 3,620,617 3,620,617
ODYSSEY INVEST PARTNERS VI LP FMV 893,399 893,399
MHR INSTITUTIONAL PARTNERS II LIMITED PARTNERSHIP FMV 588,166 588,166
OLYMPUS GROWTH FUND VII AIV CAYMAN LP FMV 404,571 404,571
OLYMPUS GROWTH VII LP FMV 4,522,004 4,522,004
OWNERSHIP CAPITAL GLOBAL EQUITY (USD) FUND L.P FMV 29,472,855 29,472,855
PARTHENON INVEST VI PARL LP FMV 21,256 21,256
PARTHENON INVSTRS VI PARL LP FMV 435,480 435,480
QUANTUM ENERGY PARTNERS V FMV 78,246 78,246
CVC CAPITAL PARTNERS VIII (A) L.P. FMV 3,199,549 3,199,549
CVC CAPITAL PARTNERS VIII AIV LP FMV 27,492 27,492
SANKATY SENIOR LOAN FUND FMV 6,551,307 6,551,307

TY 2023 LegalFeesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - GENERAL 54,931 54,931   0


TY 2023 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 1,475,776 1,284,505 1,284,505
PREPAID FEDERAL UNRELATED BUSINESS INCOME TAX 190,829 190,829 190,829
PREPAID STATE UNRELATED BUSINESS INCOME TAX 51,936 51,936 51,936
RECEIVABLE FROM SECURITIES SOLD 10,664,963 9,552,966 9,552,966
DEFERRED TAX ASSET 34,042    
PREPAID FEDERAL EXCISE TAX 73,616 51,305 51,305
DERIVATIVE ASSETS 531 645,421 645,421


TY 2023 OtherDecreasesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Description Amount
PROVISION FOR DEFERRED FEDERAL EXCISE TAX 1,153,099


TY 2023 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 1,900 0   1,900
OTHER PARTNERSHIP EXPENSES THRU K-1S 0 1,455,230   0
PROGRAM EXPENSES 2,535,044 0   2,578,603
BANK FEES AND OTHER 653 653   0


TY 2023 OtherIncomeSchedule2
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME PER BOOKS 2,088,517 -396,184 2,088,517
PARTNERSHIP INCOME THROUGH K-1S   572,273  
CLASS ACTION PROCEEDS 56,888 56,888 56,888
REALIZED CURRENCY LOSS -993,449 -993,449 -993,449


TY 2023 OtherIncreasesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Description Amount
UNREALIZED GAIN ON INVESTMENTS 84,577,183


TY 2023 OtherLiabilitiesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX 71,948 1,225,047
PAYABLE FOR UNREALIZED LOSS ON DERIVATIVES 139,481 113,837
PAYABLE FOR INVESTMENTS PURCHASED 20,057,057 12,038,107


TY 2023 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 4,573,172 2,408,103   0
PROGRAM CONSULTANTS 1,579,437 0   1,545,070
GRANT DUE DILIGENCE 4,060,226 0   4,273,005
ADMINISTRATIVE CONSULTANTS 51,973 0   51,973


TY 2023 TaxesSchedule
Name:
THE GOLDMAN SACHS FOUNDATION
EIN:
31-1678646
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 106,369 0   0
STATE UNRELATED BUSINESS INCOME TAXES 33,338 0   0
FOREIGN TAXES THROUGH K-1S, NET OF UBI 0 134,701   0
FEDERAL UNRELATED BUSINESS INCOME TAX 39,984 0   0