TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

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 If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$690,470,487J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	24,997,310
2	Check .............
3	Interest on savings and temporary cash investments	5,126,001		5,126,001
4	Dividends and interest from securities...	8,007,361		10,105,367
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		48,577,070
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			46,910,011
8	Net short-term capital gain.........
9	Income modifications...........				716,414
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).......	List of Attached Documents: // Content	9,270,985	6,485,299
12	Total. Add lines 1 through 11........	95,978,727		68,626,678	716,414
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).........	List of Attached Documents: // Content	32,403	32,403		0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	309,934	63,170		165,811
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	11,757,920	1,293,089		7,953,743
17	Interest...............			345,982
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	632,246	114,658		0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	2,577,762	1,730,134		2,576,866
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	15,310,265		3,579,436		10,696,420
25	Contributions, gifts, grants paid.......	30,141,040				40,306,392
26	Total expenses and disbursements. Add lines 24 and 25	45,451,305		3,579,436		51,002,812
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	50,527,422
b	Net investment income (if negative, enter -0-)			65,047,242
c	Adjusted net income (if negative, enter -0-)...				716,414

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	25,138,898	71,334,766	71,334,766
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	14,139,162	List of Attached Documents: // Content 23,750,253	23,750,253
	b	Investments—corporate stock (attach schedule).......	53,450,242	List of Attached Documents: // Content 42,535,030	42,535,030
	c	Investments—corporate bonds (attach schedule).......	84,390,568	List of Attached Documents: // Content 93,818,220	93,818,220
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	459,317,503	List of Attached Documents: // Content 417,385,326	417,385,326
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 11,776,962	List of Attached Documents: // Content 41,646,892	List of Attached Documents: // Content 41,646,892
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	648,213,335	690,470,487	690,470,487
	17	Accounts payable and accrued expenses..........	1,793,915	1,728,560
	18	Grants payable.................	30,264,474	20,815,538
	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 )	List of Attached Documents: // Content 13,376,991	List of Attached Documents: // Content 23,126,404
	23	Total liabilities (add lines 17 through 22).........	45,435,380	45,670,502
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	602,777,955	644,799,985
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	602,777,955	644,799,985
	30	Total liabilities and net assets/fund balances (see instructions).	648,213,335	690,470,487

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

602,777,955

Enter amount from Part I, line 27a .....................

50,527,422

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

53,025

Add lines 1, 2, and 3 ..........................

653,358,402

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

8,558,417

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

644,799,985

Form 990-PF (2024)

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
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
	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
	BC EUROPE VI CTB INVEST SCSP	P
	BERKSHIRE FUND X-A, L.P.	P
	GENERAL CATALYST GROUP XI - ENDURANCE, L.P.	P
	CLAYTON, DUBILIER & RICE FUND XI, L.P.	P
	INSIGHT PARTNERS (CAYMAN)XII, L.P	P
	LIGHTSPEED VENTURE PARTNERS SELECT V, L.P.	P
	RECOGNIZE PARTNERS I, L.P.	P
	SPECTRUM EQUITY FUND X-A LP	P
	TWO SIGMA ABSOLUTE RETURN ENHANCED CAYMAN FUND LTD.	P
	TACONIC OPPORTUNITY OFFSHORE FUND LTD. - AA3-NA - SERIES 1303	P
	SILVER POINT CAPITAL OFFSHORE FUND, LTD.	P
	D. E. SHAW VALENCE INTERNATIONAL FUND, L.P.	P
	ELEMENT CAPITAL FEEDER FUND LIMITED	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 - MEXICAN PESO	P
	FFX FORWARD CONTRACTS - BRAZILIAN REAL	P
	FFX FORWARD CONTRACTS - THAI BAHT	P
	FFX FORWARD CONTRACTS - POLISH ZLOTY	P
	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				24,106,772
b				289,343
c				212,439
d				517,150
e				84,452
				16,878
				1,212,044
				1,727,983
				118,478
				10,155
				520,373
				-172,770
				-1,630
				-104,456
				934
				3,356
				468
				2,766
				-36,110
				369,254
				839,987
				30,111
				2,075
				-15,956
				14,190
				165,224
				69,452
				1,908,688
				13,277,787
				6,677
				-1,174,964
				2
				5,988
				-27,964
				124,545
				4,242
				1,486
				50,309
				431
				2,105,196
				1,107,736
				420,622
				-12,808
				83,246
				47,098
				-1,729
				87,693
				42,864
				378,747
				-212,899
				2,124
				-177
				293,141
				-3,797
				5,419
				1,967
				69,324
				3,821
				-140
				-72
				-67
				-428
				-1,667,059

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			24,106,772
b			289,343
c			212,439
d			517,150
e			84,452
			16,878
			1,212,044
			1,727,983
			118,478
			10,155
			520,373
			-172,770
			-1,630
			-104,456
			934
			3,356
			468
			2,766
			-36,110
			369,254
			839,987
			30,111
			2,075
			-15,956
			14,190
			165,224
			69,452
			1,908,688
			13,277,787
			6,677
			-1,174,964
			2
			5,988
			-27,964
			124,545
			4,242
			1,486
			50,309
			431
			2,105,196
			1,107,736
			420,622
			-12,808
			83,246
			47,098
			-1,729
			87,693
			42,864
			378,747
			-212,899
			2,124
			-177
			293,141
			-3,797
			5,419
			1,967
			69,324
			3,821
			-140
			-72
			-67
			-428
			-1,667,059

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	46,910,011
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	904,157
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	904,157
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	904,157
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	618,159
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	505,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	1,123,159
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	141
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	218,861
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax218,861	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

NY, CA

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 .

Yes

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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

WWW.GS.COM

The books are in care of right arrow

EMMETT C ST JOHN Telephone no. right arrow

(212) 902-4223

Located at right arrow

200 WEST STREETNEW YORKNY ZIP+4 right arrow

102822198

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

16 At any time during calendar year 2024, 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 arrow

BR, CA, GR, HU, ID, EI, IS, JA, KS, MY, NO, PL, PO, SW, TU, UK

Form 990-PF (2024)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2024? .............

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)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2024 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 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

List of Attached Documents:

// Content

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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	DIRECTOR 1.00	0	0	0
MUNEER SATTER	DIRECTOR 1.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	DIRECTOR 1.00	0	0	0
LAWTON FITT	DIRECTOR 0.50	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	DIRECTOR 0.50	0	0	0
ROBERT J KATZ	DIRECTOR 0.50	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	DIRECTOR 0.50	0	0	0
DAVID J GREENWALD	DIRECTOR 0.50	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	DIRECTOR 0.50	0	0	0
ASAHI POMPEY	PRESIDENT 2.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	PRESIDENT 2.00	0	0	0
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	GENERAL COUNSEL AND SECRETARY 12.00	0	0	0
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	TREASURER AND CHIEF FINANCIAL OFFICER 10.00	0	0	0
CHARLOTTE KEENAN	VICE PRESIDENT 32.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	VICE PRESIDENT 32.00	0	0	0
THOMAS MORIN	VICE PRESIDENT 35.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	VICE PRESIDENT 35.00	0	0	0
JESSICA TAYLOR	VICE PRESIDENT 32.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	VICE PRESIDENT 32.00	0	0	0
ANNE WELLDE	VICE PRESIDENT 36.00	0	0	0
C/O GOLDMAN SACHS CO 200 WEST ST 29TH FL NEW YORK,NY102822198	VICE PRESIDENT 36.00	0	0	0

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...................				0

Form 990-PF (2024)

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
ESSEC BUSINESS SCHOOL	PROGRAM CONSULTANT	2,598,312
AVENUE BERNARD HIRSCH CS 50105 CERGYPONTOISE 95021 FR	PROGRAM CONSULTANT	2,598,312
EXIGER DILIGENCE INC	GRANT DUE DILIGENCE	1,321,925
600 THIRD AVENUE16 NEW YORK,NY10016	GRANT DUE DILIGENCE	1,321,925
FACTIVA (A DOW JONES COMPANY)	GRANT DUE DILIGENCE	1,283,960
PO BOX 300 PRINCETON,NJ08543	GRANT DUE DILIGENCE	1,283,960
KROLL INC	GRANT DUE DILIGENCE	993,600
11440 COMMERCE PARK DRIVE SUITE 501 RESTON,VA20191	GRANT DUE DILIGENCE	993,600
ARAMARK SERVICES INC	EVENTS MANAGEMENT	964,384
2400 MARKET STREET PHILADELPHIA,PA19103	EVENTS MANAGEMENT	964,384

Total number of others receiving over $50,000 for professional services............. right arrow

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 arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

645,509,148

Average of monthly cash balances.......................

2,706,935

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

648,216,083

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

648,216,083

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

9,723,241

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

638,492,842

Minimum investment return. Enter 5% (0.05) of line 5................

31,924,642

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.)

Minimum investment return from Part IX, line 6..................

31,924,642

Tax on investment income for 2024 from Part V, line 5 .......

904,157

Income tax for 2024. (This does not include the tax from Part V.) ...

167,652

Add lines 2a and 2b............................

1,071,809

Distributable amount before adjustments. Subtract line 2c from line 1............

30,852,833

Recoveries of amounts treated as qualifying distributions................

716,414

Add lines 3 and 4............................

31,569,247

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

31,569,247

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

51,002,812

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

51,002,812

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7					31,569,247
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......	8,786,487
b From 2020......	26,734,265
c From 2021......	6,937,180
d From 2022......	43,276,411
e From 2023......	23,007,869
f Total of lines 3a through e ........		108,742,212
4Qualifying distributions for 2024 from Part
XI, line 4: $ 51,002,812
a Applied to 2023, 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 2024 distributable amount.....					31,569,247
e Remaining amount distributed out of corpus		19,433,565
5 Excess distributions carryover applied to 2024.		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		128,175,777
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 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					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 2019 not applied on line 5 or line 7 (see instructions) ...		8,786,487
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		119,389,290
10 Analysis of line 9:
a Excess from 2020....	26,734,265
b Excess from 2021....	6,937,180
c Excess from 2022....	43,276,411
d Excess from 2023....	23,007,869
e Excess from 2024....	19,433,565

Form 990-PF (2024)

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 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BABSON COLLEGE 231 FOREST STREET BABSON PARK,MA024570310	N/A	PC	GRANT TO MANAGE AND PROVIDE OVERSIGHT OF PROGRAM DELIVERY AND THE 10,000 SMALL BUSINESSES NATIONAL CURRICULUM ACROSS ALL LOCAL PARTNERS.	3,188,516
BISMARCK STATE COLLEGE 1255 SCHAFER STREET PO BOX 5587 BISMARCK,ND505065587	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN NORTH DAKOTA.	551,442
BRIDGEVALLEY COMMUNITY & TECHNICAL COLLEGE 2001 UNION CARBIDE DRIVE SOUTH CHARLESTON,WV25303	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN WEST VIRGINIA	235,414
BROOKLYN PUBLIC LIBRARY FOUNDATION 1 GRAND ARMY PLAZA BROOKLYN,NY112385611	N/A	PC	GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK.	250,000
CINCINNATI STATE TECHNICAL AND COMMUNITY COLLEGE FOUNDATION 3520 CENTRAL PARKWAY CINCINNATI,OH45223	N/A	PC	GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESSES INITIATIVE IN OHIO.	494,208
CITY COLLEGES OF CHICAGO DISTRICT OFFICE 226 WEST JACKSON BLVD CHICAGO,IL606066998	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CHICAGO AREA.	584,057
COLUMBUS STATE COMMUNITY COLLEGE DEVELOPMENT FOUNDATION INC 730 EAST LONG STREET COLUMBUS,OH43215	N/A	PC	GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESS INITIATIVE IN OHIO.	411,025
COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION 7200 SOLLERS POINT ROAD BALTIMORE,MD21222	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE COUNTY, MD.	365,708
COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION 1700 SPRING GARDEN STREET PHILADELPHIA,PA19130	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER PHILADELPHIA AREA.	846,685
COMMUNITY COLLEGE OF RHODE ISLAND 400 EAST AVENUE WARWICK,RI02886	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE STATE RHODE ISLAND.	1,173,804
COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE 26 COLLEGE DRIVE CONCORD,NH03301	N/A	PC	GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE.	260,567
COMMUNITY REINVESTMENT FUND 801 NICOLLETT MALL SUITE 1700W MINNEAPOLIS,MN55402	N/A	PC	GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN IN NEW YORK.	200,000
CUYAHOGA COMMUNITY COLLEGE FOUNDATION 700 CARNEGIE AVENUE CLEVELAND,OH441152878	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CLEVELAND REGION.	1,313,814
DAKOTA BUSINESS LENDING 5630 36TH AVE S FARGO,ND58104	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES - PROVIDING CDFI SUPPORT.	150,175
DALLAS COLLEGE FOUNDATION 1601 SOUTH LAMAR STREET DALLAS,TX752151816	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA.	697,729
DELGADO COMMUNITY COLLEGE FOUNDATION 615 CITY PARK AVENUE NEW ORLEANS,LA70119	N/A	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	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN IOWA.	587,253
FRIENDS OF TSINGHUA SCHOOL OF ECONOMICS AND MANAGEMENT TSINGHUA UNIVERSITY SCHOOL OF ECONOMICS AND MANAGEMENT BEIJING100084 CH	N/A	PC	GRANT TO SUPPORT THE 10,000 WOMEN ALUMNI PROGRAM IN CHINA.	80,191
GRAMEEN AMERICA 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS,NY11372	N/A	PC	GRANT TO IMPLEMENT THE ONE MILLION BLACK WOMEN INITIATIVE	450,000
GREAT FALLS COLLEGE - MONTANA STATE UNIVERSITY 2100 16TH AVENUE SOUTH GREAT FALLS,MT59405	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN MONTANA AND EXTENDED REGION.	229,669
HOPE ENTERPRISE CORPORATION 4 OLD RIVER PL STE A JACKSON,MS392023434	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE.	297,000
HOUSTON COMMUNITY COLLEGE SYSTEM FOUNDATION 3100 MAIN STREET SUITE 12B12 HOUSTON,TX77002	N/A	PC	TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER HOUSTON AREA.	1,010,366
INITIATIVE FOR A COMPETITIVE INNER CITY 56 WARREN ST STE 300 ROXBURY,MA02119	N/A	PC	GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESS INITIATIVE NATIONALLY.	2,857,092
INTERNATIONAL FINANCE CORPORATION 2121 PENNSYLVANIA AVE NW WASHINGTON,DC20433	N/A	GOV	GRANT TO SUPPORT THE WOMEN ENTREPRENEURS OPPORTUNITY FACILITY TO INCREASE ACCESS TO CAPITAL FOR WOMEN.	975,903
JUMPSTART INC 6701 CARNEGIE AVENUE SUITE 100 CLEVELAND,OH44103	N/A	PC	GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN ACROSS THE NATION FOR BLACK IN BUSINESS.	4,330,195
LAGUARDIA COMMUNITY COLLEGE 31-10 THOMSON AVENUE LONG ISLAND CITY,NY111019976	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER NEW YORK AREA.	1,561,647
LONG BEACH CITY COLLEGE 4901 EAST CARSON STREET MC G1 LONG BEACH,CA90808	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE SOUTHERN CALIFORNIA REGION.	1,096,440
LOW INCOME INVESTMENT FUND 49 STEVENSON ST STE 300 SAN FRANCISCO,CA941052950	N/A	PC	GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE NATIONWIDE.	600,000
MIAMI DADE COLLEGE 300 NE 2ND AVENUE MIAMI,FL33132	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER MIAMI AREA.	1,463,773
MORGAN STATE UNIVERSITY FOUNDATION 1700 EAST COLD SPRING LANE BALTIMORE,MD21251	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER BALTIMORE AREA.	1,089,319
NATIONAL COALITION ON BLACK CIVIC PARTICIPATION 1050 CONNECTICUT AVENUE NW 5TH FLOOR SUITE 500 WASHINGTON,DC20036	N/A	PC	GRANT TO IMPLEMENT ONE MILLION BLACK WOMEN INITIATIVE DOMESTICALLY - FL, AL, GA, MS, VA, (AND DC).	250,000
NEW YORK UNIVERSITY STERN SCHOOL OF BUSINESS 44 WEST FOURTH STREET NEW YORK,NY10012	N/A	PC	GRANT TO SUPPORT THE ONE MILLION BLACK WOMEN: BLACK IN BUSINESS INITIATIVE NATIONALLY	3,339,402
OPPORTUNITY FINANCE NETWORK 620 CHESTNUT STREET SUITE 572 PHILADELPHIA,PA191063413	N/A	PC	GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS.	50,000
PHILANTHROPIC VENTURES FOUNDATION 1222 PRESERVATION PARK WAY OAKLAND,CA94612	N/A	PC	GRANT TO SUPPORT ONE MILLION BLACK WOMEN NATIONWIDE	250,000
SALT LAKE COMMUNITY COLLEGE FOUNDATION 4600 SOUTH REDWOOD ROAD SALT LAKE CITY,UT84123	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER SALT LAKE AREA.	1,270,358
SCHOLARSHIP AMERICA 1505 RIVERVIEW ROAD PO BOX 297 ST PETER,MN56082	N/A	PC	CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM.	238,500
SCHWAB FOUNDATION FOR SOCIAL ENTREPRENEURSHIP 91-93 ROUTE DE LA CAPITE - CH 1223 COLOGNY GENEVA SZ	N/A	NC	GRANT TO SUPPORT SOCIAL ENTREPRENEURS IN COORDINATION WITH THE WORLD ECONOMIC FORUM.	500,000
SINCLAIR COMMUNITY COLLEGE FOUNDATION 444 WEST THIRD STREET DAYTON,OH45402	N/A	PC	GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OHIO.	257,756
UNIVERSITY OF ARKANSAS PULASKI TECHNICAL COLLEGE 3000 W SCENIC DR NORTH LITTLE ROCK,AR72118	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES ACROSS AR AND BEYOND FOR THE RURAL MODEL.	643,032
UNIVERSITY OF LEEDS LEEDS UNIVERSITY BUSINESS SCHOOL MAURICE KEYWORTH BUILDING LEEDS LS2 9JT UK	N/A	PC	GRANT TO SUPPORT THE 10,000 WOMEN ONLINE COURSERA PLATFORM.	862,761
UNIVERSITY OF OXFORD SAID BUSINESS SCHOOL PARK END STREET OXFORD OX1 1HP UK	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESS INITIATIVE IN THE UK.	3,348,721
WAYNE STATE UNIVERSITY 42 W WARREN AVENUE DETROIT,MI48202	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA.	1,067,843
Total ................................. 3a				40,306,392

bApproved for future payment
BABSON COLLEGE 231 FOREST STREET BABSON PARK,MA024570310	N/A	PC	GRANT TO MANAGE AND PROVIDE OVERSIGHT OF PROGRAM DELIVERY AND THE 10,000 SMALL BUSINESSES NATIONAL CURRICULUM ACROSS ALL LOCAL PARTNERS.	1,320,965
BRIDGEVALLEY COMMUNITY & TECHNICAL COLLEGE 2001 UNION CARBIDE DRIVE SOUTH CHARLESTON,WV25303	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN WEST VIRGINIA	470,827
COLUMBUS STATE COMMUNITY COLLEGE DEVELOPMENT FOUNDATION INC 730 EAST LONG STREET COLUMBUS,OH43215	N/A	PC	GRANT TO SUPPORT THE IMPLEMENTATION OF THE 10,000 SMALL BUSINESS INITIATIVE IN OHIO.	127,740
COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION 7200 SOLLERS POINT ROAD BALTIMORE,MD21222	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN BALTIMORE COUNTY, MD.	247,437
COMMUNITY COLLEGE SYSTEM OF NEW HAMPSHIRE 26 COLLEGE DRIVE CONCORD,NH03301	N/A	PC	GRANT TO IMPLEMENT 10KSB INITIATIVE IN NEW HAMPSHIRE.	521,134
CUYAHOGA COMMUNITY COLLEGE FOUNDATION 700 CARNEGIE AVENUE CLEVELAND,OH441152878	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER CLEVELAND REGION.	333,423
DAKOTA BUSINESS LENDING 5630 36TH AVE S FARGO,ND58104	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES - PROVIDING CDFI SUPPORT.	75,675
DALLAS COLLEGE FOUNDATION 1601 SOUTH LAMAR STREET DALLAS,TX752151816	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DALLAS AREA.	348,864
DES MOINES AREA COMMUNITY COLLEGE 2006 S ANKENY BLVD ANKENY,IA50023	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN IOWA.	224,778
GORDON INSTITUTE OF BUSINESS SCIENCE UNIVERSITY OF PRETORIA 26 MELVILLE ROAD SANDTON2196 SF	N/A	PC	GRANT TO IMPLEMENT THE 10,000 WOMEN INITIATIVE IN JOHANNESBURG, SOUTH AFRICA.	381,592
GREAT FALLS COLLEGE - MONTANA STATE UNIVERSITY 2100 16TH AVENUE SOUTH GREAT FALLS,MT59405	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN MONTANA AND EXTENDED REGION.	459,336
INTERNATIONAL FINANCE CORPORATION 2121 PENNSYLVANIA AVE NW WASHINGTON,DC20433	N/A	GOV	GRANT TO SUPPORT THE WOMEN ENTREPRENEURS OPPORTUNITY FACILITY TO INCREASE ACCESS TO CAPITAL FOR WOMEN.	10,771,913
LAGUARDIA COMMUNITY COLLEGE 31-10 THOMSON AVENUE LONG ISLAND CITY,NY111019976	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER NEW YORK AREA.	547,467
MORGAN STATE UNIVERSITY FOUNDATION 1700 EAST COLD SPRING LANE BALTIMORE,MD21251	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER BALTIMORE AREA.	600,205
NEW YORK CITY BUSINESS ASSISTANCE CORPORATION 1 LIBERTY PLAZA 11TH FLOOR NEW YORK,NY10006	N/A	PC	GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE IN NEW YORK.	149,225
PAUL QUINN COLLEGE 3837 STUART SIMPSON RD DALLAS,TX75134	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES IN THE DALLAS REGION.	125,000
PHILANTHROPIC VENTURES FOUNDATION 1222 PRESERVATION PARK WAY OAKLAND,CA94612	N/A	PC	GRANT TO SUPPORT ONE MILLION BLACK WOMEN NATIONWIDE	250,000
SALT LAKE COMMUNITY COLLEGE FOUNDATION 4600 SOUTH REDWOOD ROAD SALT LAKE CITY,UT84123	N/A	PC	GRANT TO IMPLEMENT 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER SALT LAKE AREA.	404,234
SINCLAIR COMMUNITY COLLEGE FOUNDATION 444 WEST THIRD STREET DAYTON,OH45402	N/A	PC	GRANT TO SUPPORT 10,000 SMALL BUSINESSES INITIATIVE IN OHIO.	90,475
UNIVERSITY OF LEEDS LEEDS UNIVERSITY BUSINESS SCHOOL MAURICE KEYWORTH BUILDING LEEDS LS2 9JT UK	N/A	PC	GRANT TO SUPPORT THE 10,000 WOMEN ONLINE COURSERA PLATFORM.	862,761
UNIVERSITY OF OXFORD SAID BUSINESS SCHOOL PARK END STREET OXFORD OX1 1HP UK	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESS INITIATIVE IN THE UK.	1,815,586
WAYNE STATE UNIVERSITY 42 W WARREN AVENUE DETROIT,MI48202	N/A	PC	GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER DETROIT AREA.	686,901
Total ................................. 3b				20,815,538

Form 990-PF (2024)

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	(e) Related or exempt function income (See instructions.)
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	5,126,001
4 Dividends and interest from securities ....	901101	54,614	14	7,952,747
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	10,614,867
8 Gain or (loss) from sales of assets other than inventory ............	901101	1,355,856	18	47,221,214
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	-43,664	14	43,664
bREALIZED CURRENCY LOSS			14	-1,343,882
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		1,366,806		69,614,611	0

13Total. Add line 12, columns (b), (d), and (e)..................

70,981,417

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

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

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

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) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization THE GOLDMAN SACHS FOUNDATION

Part I	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	$ 24,997,310	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

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	MARKETABLE SECURITIES	$ 24,758,810	2024-12-30
(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) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	309,934	63,170		165,811

- TIN:

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

TY 2024 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
SCHWAB FOUNDATION FOR SOCIAL ENTREPRENEURSHIP	91-93 ROUTE DE LA CAPITE CH 1223 COLOGNY GENEVA SZ	2024-01-08	500,000	GRANT TO SUPPORT SOCIAL ENTREPRENEURS IN COORDINATION WITH THE WORLD ECONOMIC FORUM.	500,000	NO DIVERSION OF FUNDS TO THE KNOWLEDGE OF GSF.	INTERIM REPORT - RECEIVED NOVEMBER 7, 2024

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Name of Bond	End of Year Book Value	End of Year Fair Market Value
7-ELEVEN INC 144A	426,072	426,072
ABBVIE INC	140,336	140,336
ADVENTIST HEALTH SYSTEM/WEST	78,148	78,148
AERCAP IRELAND CAPITAL DAC / A	143,589	143,589
AGREE LP	22,151	22,151
AIR LEASE CORP	399,016	399,016
ALCON FINANCE CORP 144A	201,698	201,698
AMERICAN HOMES 4 RENT LP	311,820	311,820
AMERICAN INTERNATIONAL GROUP I	115,291	115,291
AMGEN INC	148,961	148,961
ANHEUSER-BUSCH COS LLC / ANHEU	130,820	130,820
ANHEUSER-BUSCH INBEV WORLDWIDE	25,066	25,066
APIDOS CLO XV 15A A1RR 144A	132,269	132,269
APPLIED MATERIALS INC	21,373	21,373
ARCH CAPITAL GROUP LTD	84,790	84,790
ARCHER-DANIELS-MIDLAND CO	87,873	87,873
ASHTEAD CAPITAL INC 144A	204,208	204,208
AT&T INC	421,631	421,631
ATLAS SENIOR LOAN 14A AR 144A	461,684	461,684
AUTONATION INC	119,009	119,009
AVANGRID INC	298,488	298,488
AVOLON HOLDINGS FUNDING L 144A	149,508	149,508
BANK 2024-BNK47 BNK47 A5	388,039	388,039
BANK OF AMERICA AUT 2A A2 144A	68,488	68,488
BANK OF AMERICA CORP	1,643,240	1,643,240
BANK OF NEW YORK MELLON CORP/T	66,610	66,610
BANK5 2024-5YR11 5YR11 A3	102,864	102,864
BANK5 2024-5YR11 5YR11 AS	76,793	76,793
BANK5 2024-5YR8 5YR8 A3	102,748	102,748
BANK5 2024-5YR9 5YR9 AS	154,539	154,539
BANNER HEALTH	79,727	79,727
BARCLAYS DRYROCK ISSUANCE 1 A	200,536	200,536
BARCLAYS DRYROCK ISSUANCE 2 A	502,035	502,035
BARCLAYS PLC	402,064	402,064
BAT CAPITAL CORP	196,782	196,782
BAYLOR SCOTT & WHITE HOLDINGS	29,302	29,302
BBCMS MORTGAGE TRUST 2 5C25 AS	134,157	134,157
BBCMS MORTGAGE TRUST 20 5C25 B	203,228	203,228
BECTON DICKINSON & CO	110,019	110,019
BENCHMARK 2024-V8 MORTGA V8 A3	103,922	103,922
BERKSHIRE HATHAWAY ENERGY CO	23,529	23,529
BLP 2024-IND2 A	143,786	143,786
BMO 2024-C9 MORTGAGE TRU C9 A5	155,178	155,178
BOEING CO/THE	680,402	680,402
BRISTOL-MYERS SQUIBB CO	105,229	105,229
BROADCOM INC 144A	481,865	481,865
BUNGE LTD FINANCE CORP	144,569	144,569
BURLINGTON NORTHERN SANTA FE L	19,936	19,936
BX COMMERCIAL MORT AIRC A 144A	201,376	201,376
BX COMMERCIAL MORTG XL4 A 144A	268,388	268,388
BX COMMERCIAL MORTG XL5 A 144A	136,247	136,247
BX TRUST 2021-ARIA ARIA C 144A	49,860	49,860
BX TRUST 2024-BIO BIO A 144A	250,235	250,235
BX TRUST 2024-PAT PAT A 144A	150,464	150,464
CALIFORNIA ST	118,203	118,203
CALVERT HIGH YIELD BOND-R6	22,431,495	22,431,495
CANADIAN IMPERIAL BANK OF COMM	340,092	340,092
CANADIAN PACIFIC RAILWAY CO	43,442	43,442
CAPITAL ONE FINANCIAL CORP	226,370	226,370
CAPITAL ONE MULTI-ASSET E A2 A	124,509	124,509
CARDINAL HEALTH INC	137,066	137,066
CARRIER GLOBAL CORP	191,605	191,605
CCP_CDX. SP UL CDX.NA.IG.40_V1	116,032	116,032
CCP_CDX. SP UL CDX.NA.IG.42_V1	50,819	50,819
CCP_CDX. SP UL CDX.NA.IG.43_V1	48,115	48,115
CCP_IFS. P CPURNSA US CPI URBA	5,887	5,887
CCP_OIS. P USD FEDL01 1D CME	5,082	5,082
CCP_OIS. P USD-SOFR-COMPOUND 1	12,582	12,582
CCP_OIS. R USD-SOFR-OIS COMPOU	21,276	21,276
CEDAR FUNDING XIX 19A A1 144A	325,056	325,056
CENTENE CORP	222,921	222,921
CFIP CLO 2021-1 LTD 1A A 144A	500,238	500,238
CHARTER COMMUNICATIONS OPERATI	51,939	51,939
CHASE ISSUANCE TRUST A1 A	199,366	199,366
CIFC FUNDING 2018- 1A A1R 144A	250,036	250,036
CIGNA GROUP/THE	355,177	355,177
CITIBANK CREDIT CARD ISS A1 A1	150,972	150,972
CITIGROUP INC	515,960	515,960
CITIZENS AUTO RECEI 1 A2A 144A	158,979	158,979
COCA-COLA CONSOLIDATED INC	58,417	58,417
COLUMBIA PIPELINES OPERAT 144A	153,990	153,990
COMMIT TO PUR FNMA SF MTG	8,915,310	8,915,310
COMMIT TO PUR GNMA II JUMBOS	6,406,800	6,406,800
COMMONSPIRIT HEALTH	47,929	47,929
CONNECTICUT AVENU R01 1M2 144A	89,227	89,227
CONNECTICUT AVENU R02 1M2 144A	151,350	151,350
CONNECTICUT AVENU R03 1M2 144A	45,463	45,463
CONNECTICUT AVENU R05 2M1 144A	18,021	18,021
CONNECTICUT AVENU R05 2M2 144A	36,275	36,275
CONSTELLATION BRANDS INC	227,946	227,946
CONSTELLATION SOFTWARE IN 144A	56,193	56,193
COSTAR GROUP INC 144A	108,666	108,666
CSAIL 2021-C20 COMMERCI C20 A3	129,918	129,918
CSX CORP	94,176	94,176
CUBESMART LP	66,371	66,371
CVS HEALTH CORP	370,615	370,615
DELL INTERNATIONAL LLC / EMC C	124,370	124,370
DEVON ENERGY CORP	46,303	46,303
DH EUROPE FINANCE II SARL	135,648	135,648
DUKE ENERGY CAROLINAS LLC	72,825	72,825
DUPONT DE NEMOURS INC	174,566	174,566
ELMWOOD CLO 24 LTD 3A AR 144A	274,993	274,993
ELMWOOD CLO 29 LTD 5A AR2 144A	175,672	175,672
ELMWOOD CLO 32 LTD 8A A1 144A	250,640	250,640
ENBRIDGE INC	194,226	194,226
ENTERGY CORP	24,260	24,260
EXELON CORP	21,116	21,116
EXPEDIA GROUP INC	224,598	224,598
FEDEX CORP	45,835	45,835
FHLMC POOL #QA-1023	38,920	38,920
FHLMC POOL #QD-9326	347,845	347,845
FHLMC POOL #RA-1411	442,724	442,724
FHLMC POOL #RA-5276	672,734	672,734
FHLMC POOL #RA-6676	1,401,973	1,401,973
FHLMC POOL #SD-0296	344,741	344,741
FHLMC POOL #SD-8229	407,832	407,832
FHLMC POOL #WN-2303	144,149	144,149
FHLMC POOL #ZT-1778	230,502	230,502
FHLMC MULTICLASS MTG KF153 AS	84,586	84,586
FIFTH THIRD BANCORP	249,515	249,515
FISERV INC	170,177	170,177
FLORIDA POWER & LIGHT CO	41,786	41,786
FLORIDA ST BRD OF ADMIN FIN CO	47,410	47,410
FNMA POOL #0CA6988	667,219	667,219
FNMA POOL #0CB5142	421,115	421,115
FNMA POOL #0CB5143	406,859	406,859
FNMA POOL #0FM7475	686,940	686,940
FNMA POOL #0FM8691	646,634	646,634
FORD CREDIT AUTO LEASE T A A2A	254,412	254,412
FORD CREDIT AUTO OWNE 1 A 144A	225,338	225,338
FORD CREDIT AUTO OWNER T C A2A	23,743	23,743
FREDDIE MAC STACR DNA2 M1 144A	226,507	226,507
FREDDIE MAC STACR DNA5 M2 144A	17,299	17,299
FREDDIE MAC STACR HQA1 A1 144A	94,522	94,522
FREDDIE MAC STACR HQA1 M2 144A	50,738	50,738
FREDDIE MAC STACR HQA2 A1 144A	266,918	266,918
GCAT 2021-NQM5 TR NQM5 A2 144A	114,363	114,363
GE CAPITAL INTERNATIONAL FUNDI	184,764	184,764
GENERAL MOTORS CO	149,634	149,634
GENERAL MOTORS FINANCIAL CO IN	99,708	99,708
GLOBAL PAYMENTS INC	224,296	224,296
GM FINANCIAL CONSUMER AU 1 A2A	162,048	162,048
GM FINANCIAL CONSUMER AU 4 A2A	85,026	85,026
GMF FLOORPLAN OWNER 1 A1 144A	202,248	202,248
GNMA GTD REMIC P/T 21-135 A	450,492	450,492
GNMA II POOL #0MA5332	62,160	62,160
GNMA II POOL #0MA5597	229,332	229,332
GNMA II POOL #0MA5653	25,991	25,991
GNMA II POOL #0MA5712	208,165	208,165
GNMA II POOL #0MA5819	3,080	3,080
GNMA II POOL #0MA6093	170,690	170,690
GNMA II POOL #0MA6221	173,856	173,856
GNMA II POOL #0MA6541	324,082	324,082
GNMA II POOL #0MA6544	340,427	340,427
GNMA II POOL #0MA6714	42,316	42,316
GNMA II POOL #0MA6770	96,889	96,889
GNMA II POOL #0MA7706	646,257	646,257
GOLUB CAPITAL PARTN 74A A 144A	251,112	251,112
HARTWICK PARK CLO L 1A AR 144A	275,047	275,047
HCA INC	177,046	177,046
HEWLETT PACKARD ENTERPRISE CO	105,869	105,869
HOME DEPOT INC/THE	48,726	48,726
HONDA AUTO RECEIVABLES 20 4 A3	330,158	330,158
HUMANA INC	30,212	30,212
HUNTINGTON BANCSHARES INC/OH	224,881	224,881
HUNTSMAN INTERNATIONAL LLC	71,510	71,510
HYUNDAI AUTO LEASE A A2A 144A	230,222	230,222
ICG US CLO 2017-1 1A ARR 144A	500,771	500,771
ILLINOIS ST	102,069	102,069
INTERNATIONAL FLAVORS & F 144A	196,286	196,286
INVESCO US CLO 2024 4A A1 144A	325,055	325,055
INVITATION HOMES OPERATING PAR	45,124	45,124
J M SMUCKER CO/THE	229,022	229,022
J.P. MORGAN CHASE C OPO A 144A	92,114	92,114
J.P. MORGAN CHASE OMNI A 144A	253,023	253,023
J.P. MORGAN MORTGAGE 1 A2 144A	226,841	226,841
JP MORGAN MORTGAG VIS2 A1 144A	437,631	437,631
JP MORGAN MORTGAGE 4 A5A 144A	124,329	124,329
JP MORGAN MORTGAGE HE3 A1 144A	53,200	53,200
JP MORGAN MORTGAGE T 5 A6 144A	95,352	95,352
JP MORGAN MORTGAGE T 6 A3 144A	91,774	91,774
JPMORGAN CHASE & CO	1,037,239	1,037,239
KEURIG DR PEPPER INC	36,230	36,230
KILROY REALTY LP	77,096	77,096
KIND COMMERCIAL MORTG 1 A 144A	100,281	100,281
KRAFT HEINZ FOODS CO	75,609	75,609
KREDITANSTALT FUER WIEDERAUFBA	402,112	402,112
KROGER CO/THE	117,053	117,053
LABORATORY CORP OF AMERICA HOL	45,500	45,500
LENNAR CORP	69,787	69,787
LEX 2024-BBG MORTGA BBG A 144A	147,164	147,164
LOUISIANA LOCAL GOVERNM ELL A3	123,053	123,053
LOWE'S COS INC	123,608	123,608
M&T BANK CORP	619,401	619,401
MACQUARIE AIRFINANCE HOLD 144A	20,612	20,612
MARATHON PETROLEUM CORP	241,228	241,228
MARRIOTT INTERNATIONAL INC/MD	131,058	131,058
MARS INC 144A	172,234	172,234
MARTIN MARIETTA MATERIALS INC	32,394	32,394
MARYLAND ST ECON DEV CORP	122,144	122,144
MERCEDES-BENZ AUTO RECEIV 2 A2	51,026	51,026
MET TRANSPRTN AUTH NY REVENUE	8,589	8,589
MID-AMERICA APARTMENTS LP	20,598	20,598
MIDAMERICAN ENERGY CO	238,403	238,403
MORGAN STANLEY	1,188,788	1,188,788
MORGAN STANLEY BANK OF A C25 B	96,830	96,830
MORGAN STANLEY CAPITAL HR8 A4	212,525	212,525
MORGAN STANLEY CAPITAL I L5 A4	173,338	173,338
MOUNTAIN VIEW CLO 2A A1R 144A	252,438	252,438
MPLX LP	175,958	175,958
MSCI INC 144A	103,747	103,747
MSWF COMMERCIAL MORTGAGE 2 A2	130,881	130,881
NASDAQ INC	33,485	33,485
NETFLIX INC	129,549	129,549
NETFLIX INC 144A	538,854	538,854
NEW YORK LIFE INSURANCE C 144A	36,407	36,407
NISOURCE INC	93,266	93,266
NISSAN AUTO LEASE TRUST A A2A	343,701	343,701
NISSAN AUTO RECEIVABLES 2 B A3	50,801	50,801
NORTHROP GRUMMAN CORP	39,282	39,282
NXP BV / NXP FUNDING LLC / NXP	196,793	196,793
OAKTREE CLO 2024-25 25A A 144A	276,346	276,346
OCCIDENTAL PETROLEUM CORP	50,985	50,985
OCP CLO 2016-11 11A A1R2 144A	275,741	275,741
OCP CLO 2019-16 LT 16A AR 144A	235,127	235,127
OHIO POWER CO	22,147	22,147
ONE NEW YORK PLAZA 1NYP A 144A	166,906	166,906
ORACLE CORP	612,688	612,688
OTIS WORLDWIDE CORP	199,926	199,926
PACIFIC GAS AND ELECTRIC CO	162,623	162,623
PAYPAL HOLDINGS INC	142,560	142,560
PENSKE TRUCK LEASING CO L 144A	71,251	71,251
PHILLIPS 66	224,372	224,372
PLAINS ALL AMERICAN PIPELINE L	116,030	116,030
PRINCIPAL FINANCIAL GROUP INC	107,726	107,726
PROLOGIS LP	68,652	68,652
PROVINCE OF QUEBEC CANADA	430,712	430,712
PRUDENTIAL FINANCIAL INC	120,601	120,601
QUANTA SERVICES INC	98,762	98,762
REALTY INCOME CORP	144,200	144,200
REGAL REXNORD CORP	256,109	256,109
REGATTA 30 FUNDING 4A A1 144A	250,043	250,043
REPUBLIC SERVICES INC	74,813	74,813
RETAIL OPPORTUNITY INVESTMENTS	124,048	124,048
ROCK TRUST 2024-CN CNTR A 144A	249,273	249,273
ROCK TRUST 2024-CN CNTR B 144A	100,082	100,082
ROGERS COMMUNICATIONS INC	284,920	284,920
ROYALTY PHARMA PLC	112,906	112,906
RTX CORP	98,059	98,059
RUSH OBLIGATED GROUP	23,970	23,970
S&P GLOBAL INC	73,351	73,351
SAGARD-HALSEYPOINT 8A A1 144A	250,043	250,043
SANTANDER DRIVE AUTO RECE 1 A2	50,575	50,575
SANTANDER DRIVE AUTO RECE 6 A2	61,818	61,818
SERVICENOW INC	124,656	124,656
SHACKLETON 2013-III 3A AR 144A	217,918	217,918
SHERWIN-WILLIAMS CO/THE	33,212	33,212
SOLVENTUM CORP 144A	374,371	374,371
SOUTHERN CALIFORNIA EDISON CO	72,731	72,731
SOUTHERN POWER CO	120,065	120,065
STANLEY BLACK & DECKER INC	23,430	23,430
STARBUCKS CORP	193,926	193,926
STEEL DYNAMICS INC	98,818	98,818
STERIS IRISH FINCO UNLTD CO	86,369	86,369
STRYKER CORP	128,946	128,946
SYSCO CORP	54,885	54,885
THE CAMPBELL'S COMPANY	170,188	170,188
TIME WARNER CABLE LLC	44,749	44,749
T-MOBILE USA INC	636,873	636,873
TOYOTA AUTO RECEIVABLES 2 B A3	351,075	351,075
TRACTOR SUPPLY CO	41,823	41,823
TRUIST FINANCIAL CORP	35,580	35,580
TYSN 2023-CRNR MOR CRNR A 144A	208,526	208,526
UBS COMMERCIAL MORTGAGE C17 A4	134,426	134,426
UBS GROUP AG 144A	611,480	611,480
UDR INC	39,729	39,729
UNION PACIFIC CORP	108,453	108,453
UNITEDHEALTH GROUP INC	75,308	75,308
US BANCORP	102,243	102,243
VENTAS REALTY LP	199,654	199,654
VERALTO CORP	235,935	235,935
VERIZON COMMUNICATIONS INC	330,219	330,219
WALT DISNEY CO/THE	70,037	70,037
WASTE MANAGEMENT INC	84,435	84,435
WELLS FARGO & CO	372,418	372,418
WELLS FARGO COMME MGP A12 144A	200,914	200,914
WELLS FARGO COMMERCIAL C59 A5	169,144	169,144
WESTPAC BANKING CORP	70,637	70,637
WILLIAMS COS INC/THE	374,504	374,504
WILLIS NORTH AMERICA INC	90,944	90,944
WORKDAY INC	116,853	116,853
WP CAREY INC	95,087	95,087

- TIN:

TY 2024 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	569,606	569,606
ALCOA CORP	372,133	372,133
ALPHABET INC	1,155,019	1,155,019
AMAZON.COM INC	1,790,003	1,790,003
AON PLC	728,376	728,376
BAYER AG	282,944	282,944
CAPITAL ONE FINANCIAL CORP	573,477	573,477
CHARTER COMMUNICATIONS INC	217,659	217,659
COMCAST CORP	684,172	684,172
CONOCOPHILLIPS	1,790,316	1,790,316
DISCOVER FINANCIAL SERVICES	198,175	198,175
ELEVANCE HEALTH INC	350,455	350,455
ESTEE LAUDER COS INC/THE	105,572	105,572
GE VERNOVA INC	426,951	426,951
HILTON WORLDWIDE HOLDINGS INC	397,928	397,928
HUMANA INC	520,106	520,106
LIBERTY BROADBAND CORP	328,495	328,495
LONDON STOCK EXCHANGE GROUP PL	451,344	451,344
META PLATFORMS INC	1,181,559	1,181,559
MICROSOFT CORP	888,522	888,522
MIRION TECHNOLOGIES INC	24,758,810	24,758,810
PROSUS NV	540,469	540,469
SAP SE	589,919	589,919
TAIWAN SEMICONDUCTOR MANUFACTU	542,308	542,308
UNITEDHEALTH GROUP INC	783,577	783,577
VISA INC	477,536	477,536
WELLS FARGO & CO	435,980	435,980
WOODWARD INC	467,807	467,807
WORKDAY INC	925,812	925,812

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

US Government Securities - End of Year Book Value:

23,750,253

US Government Securities - End of Year Fair Market Value:

23,750,253

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2024 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 PARTNERS V STRATEGIC FUND LP	FMV	1,566,764	1,566,764
ADVANCED DRAINAGE SYSTEMS INC	FMV	86,238	86,238
AEA INVESTORS SM BUS V LP	FMV	243,270	243,270
ALTOR FUND II	FMV	307,038	307,038
ALTOR FUND V (NO.2)	FMV	2,407,254	2,407,254
AMERICAN SEC PARTNERS VI LP	FMV	2,062,331	2,062,331
AMERICAN SECURITIES PARTNERS VIII LP	FMV	4,675,344	4,675,344
APOLLO INVESTMENT FUND VIII LP	FMV	1,265,024	1,265,024
APTITUDE ALTERNATIVE EQUITY LTD	FMV	14,006,300	14,006,300
ARCH VENTURE FD V LP	FMV	531,355	531,355
BAIN CAPITAL ASIA FUND V	FMV	412,164	412,164
BAIN CAPITAL DOUBLE IMPACT FUND II L.P	FMV	3,313,366	3,313,366
BAIN CAPITAL EMPIRE HOLDINGS L.P.	FMV	574,291	574,291
BAIN CAPITAL FUND XIII LP	FMV	3,336,409	3,336,409
BAIN CAPITAL LIFE SCIENCES FUND IV L.P.	FMV	8,645	8,645
BAIN CAPITAL XII	FMV	5,012,522	5,012,522
BATTERY VENTURES XIV L.P.	FMV	667,493	667,493
BC EUROPE VI CTB INVEST SCSP	FMV	498,954	498,954
BC EUROPEAN CAPITAL VIII LP	FMV	1,715	1,715
BERKSHIRE FUND IX LP	FMV	5,863,783	5,863,783
BERKSHIRE FUND X-A L.P.	FMV	3,472,210	3,472,210
BLACK EQUITY OPPORTUNITIES LLC	FMV	319,846	319,846
BLACKROCK ADV S/C CORE-K	FMV	11,920,858	11,920,858
BLACKSTONE CAPITAL PARTNERS V	FMV	30,727	30,727
BREGAL SAGEMOUNT IV	FMV	681,564	681,564
CAUSEWAY INTL VAL-INST	FMV	12,430,014	12,430,014
CDH FUND IV	FMV	506,399	506,399
CENTERBRIDGE CAPITAL PTNRS III	FMV	3,719,311	3,719,311
CLAYTON DUBILIER & RICE FUND XII LP	FMV	704,256	704,256
COOPERATIEVE H2 EP VI UA	FMV	175,396	175,396
CVC CAPITAL PARTNERS IX A LP	FMV	288,676	288,676
CVC CAPITAL PARTNERS VII (A)	FMV	1,480,136	1,480,136
CVC CAPITAL PARTNERS VIII (A)	FMV	4,083,232	4,083,232
CVC CAPITAL PARTNERS VIII AIV LP	FMV	39,057	39,057
CVC EUROPEAN EQUITY PARTNERS V LP	FMV	106,011	106,011
D E SHAW VALENCE INTERNATIONAL FUND LP	FMV	18,103,627	18,103,627
DWS GLOBAL INFRA	FMV	19,481,241	19,481,241
ELEMENT CAPITAL FEEDER FUND CLASS ANR NV SERIES 2	FMV	3,126,930	3,126,930
EMERGING MARKETS EQUITY INDEX PLUS FUND	FMV	9,237,453	9,237,453
GAUGE CAPITAL III LP	FMV	2,326,231	2,326,231
GAUGE CAPITAL PARALLEL IV LP	FMV	105,230	105,230
GENERAL CATALYST GROUP XI CREATION LP	FMV	431,079	431,079
GENERAL CATALYST GROUP XI ENDURANCE LP	FMV	1,100,277	1,100,277
GENERAL CATALYST GROUP XI IGNITION LP	FMV	462,948	462,948
GENSTAR CAPITAL PARTNERS X LP	FMV	1,879,833	1,879,833
GENSTAR CAPITAL PARTNERS XI LP	FMV	178,332	178,332
GLDMN SCHS E/M EQ INSG-INST	FMV	12,311,981	12,311,981
GLDMN SCHS EMRG MKT DBT-INST	FMV	171,675	171,675
GLDMN SCHS RL EST SEC-INST	FMV	12,078,410	12,078,410
GLDMN SCHS TCT TLT OVRLY-R6	FMV	13,112,551	13,112,551
GOLDMAN SACHS MNGD BETA-INST	FMV	60,471,340	60,471,340
GREENBRIAR EQUITY FUND V L.P.	FMV	591,362	591,362
GREENBRIAR EQUITY FUND VI LP	FMV	774,170	774,170
GSF CLAYTON DUBILIER & RICE FUND XI L.P.	FMV	2,402,185	2,402,185
GSF GENSTAR X OPPORTUNITIES FUND I LP	FMV	210,017	210,017
GSF WATER STREET ORION FUND L.P.	FMV	1,378,663	1,378,663
H&F FLASHDANCE AIV I LP	FMV	290,956	290,956
HELLMAN & FRIEDMAN CAPITAL PARTNERS VIII LP	FMV	5,447,504	5,447,504
HELLMAN & FRIEDMAN CAPITAL PARTNERS X L.P.	FMV	1,973,763	1,973,763
HELLMAN & FRIEDMAN IX	FMV	1,053,067	1,053,067
HIG CAPITAL PARTNERS V LP	FMV	992,925	992,925
IMPRINT THEMATIC OPPORTUNITIES	FMV	2,245,519	2,245,519
INSIGHT PARTNERS (CAYMAN) XI LP	FMV	5,748,711	5,748,711
INSIGHT PARTNERS CAYMAN XII LP	FMV	1,749,218	1,749,218
INTERNATIONAL EQUITY LONG-ONLY FUND LP	FMV	19,615,584	19,615,584
ISHARES MSCI JAPAN ETF	FMV	768,966	768,966
JPMORGAN US EQUITY-R6	FMV	31,702,700	31,702,700
LIGHTSPEED VENTURE PARTNERS SELECT V L.P	FMV	861,191	861,191
LIGHTSPEED VENTURE PARTNERS XIV-A (INCEPTION) LP	FMV	406,423	406,423
LIGHTSPEED VENTURE PARTNERS XIV-B (IGNITE) LP	FMV	583,521	583,521
LITTLEJOHN FUND VI	FMV	3,854,527	3,854,527
LOOMIS SEC CR	FMV	15,000,000	15,000,000
LUMINATE CAPITAL PARTNERS III LP	FMV	1,622,059	1,622,059
MHR INSTITUTIONAL PARTNERS II LIMITED PARTNERSHIP	FMV	659,180	659,180
MONARCH V LP - EXT PVT INVSTMNTS	FMV	760,144	760,144
ODYSSEY INVEST PARTNERS VI LP	FMV	454,673	454,673
OLYMPUS GROWTH FUND VII AIV CAYMAN LP	FMV	58,784	58,784
OLYMPUS GROWTH VII LP	FMV	3,005,087	3,005,087
PARTHENON INVSTRS VI PARL LP	FMV	683,815	683,815
PARTHENON INVSTRS VII PARL LP	FMV	185,196	185,196
PEGASUS WSJLL FUND L.P.	FMV	493,947	493,947
PRIVATE CREDIT MANAGERS 2023 OFFSHORE LP	FMV	628,657	628,657
PRIVATE CREDIT MANAGERS IV OFFSHORE LP.	FMV	4,814,566	4,814,566
PRIVATE MARKETS FUND III LP	FMV	4,582,835	4,582,835
QUANTUM ENERGY PARTNERS V	FMV	31,296	31,296
RECOGNIZE PARTNERS I LP	FMV	1,608,531	1,608,531
RIVERSTONE GLOBAL ENERGY & POWER FUND V LPP	FMV	84,955	84,955
SANKATY SENIOR LOAN FUND	FMV	7,154,392	7,154,392
SGA INTL SM CAP EQ	FMV	5,958,833	5,958,833
SILVER POINT CAPITAL OFFSHORE FUND D-125	FMV	10,338,780	10,338,780
SPECTRUM EQUITY FUND X-A LP	FMV	217,084	217,084
STG VII LP	FMV	172,019	172,019
TWO SIGMA ABSOLUTE RETURN ENHANCED CAYMAN FUND LTD.	FMV	7,465,424	7,465,424
VAUGHAN NLSN SEL	FMV	26,181,290	26,181,290
WATER STREET HC PARTNERS III	FMV	438,440	438,440
WATER STREET HEALTHCARE PARTNERS V L.P.	FMV	589,686	589,686
WYNNCHURCH CAPITAL PARTNERS VI	FMV	167,590	167,590

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES - GENERAL	32,403	32,403		0

- TIN:

TY 2024 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	1,284,505	1,225,268	1,225,268
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	9,552,966	40,005,723	40,005,723
PREPAID FEDERAL EXCISE TAX	51,305
DERIVATIVE ASSETS	645,421	173,136	173,136

- TIN:

TY 2024 OtherDecreasesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Description	Amount
UNREALIZED LOSS ON INVESTMENTS	8,558,417

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
STATE FILING FEES	1,525	0	1,525
OTHER PARTNERSHIP EXPENSES THRU K-1S	0	1,729,238	0
PROGRAM EXPENSES	2,575,341	0	2,575,341
BANK FEES AND OTHER	896	896	0

- TIN:

TY 2024 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	10,575,709	7,764,325	10,575,709
PARTNERSHIP INCOME THROUGH K-1S		25,698
CLASS ACTION PROCEEDS	39,158	39,158	39,158
REALIZED CURRENCY LOSS	-1,343,882	-1,343,882	-1,343,882

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Description	Amount
DEFERRED FEDERAL EXCISE TAX BENEFIT	53,025

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX	1,225,047	1,172,022
PAYABLE FOR UNREALIZED LOSS ON DERIVATIVES	113,837	2,451,528
PAYABLE FOR INVESTMENTS PURCHASED	12,038,107	19,172,205
FEDERAL EXCISE TAX PAYABLE	0	330,649

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT AND CUSTODIAL FEES	3,594,369	1,293,089	0
PROGRAM CONSULTANTS	3,960,750	0	3,769,901
GRANT DUE DILIGENCE	4,121,540	0	4,102,581
ADMINISTRATIVE CONSULTANTS	81,261	0	81,261

- TIN:

TY 2024 TaxesSchedule

Name:

THE GOLDMAN SACHS FOUNDATION

EIN:

31-1678646

Category	Amount	Net Investment Income
FEDERAL EXCISE TAX	621,508	0
STATE UNRELATED BUSINESS INCOME TAXES	10,738	0
FOREIGN TAXES THROUGH K-1S, NET OF UBI	0	114,658