Become a 2023 Goldman Sachs
Community Development Champion
At Goldman Sachs, we believe that strong communities are the foundation of a prosperous society. Through our Community Development Grants Program, we provide funding for non-profits that are making a difference in low- and moderate-income (LMI) communities.
Not-for-profit organizations that meet the below criteria are invited to apply for funding. The Goldman Sachs Community Development Grants Program seeks to support community development programs that address critical community needs such as:
- Affordable housing
- Community services such as education, including financial education for youth and consumers
- Small business development
- Neighborhood revitalization
This year we are particularly interested in supporting programs related to consumer financial health and LMI homeownership.
Community development programs must address community needs for LMI areas or households in one or more of the following geographies:
- New York: the five boroughs of New York City
- New Jersey: Hudson County, Essex County
- Utah: Salt Lake County, Summit County, Tooele County
This competitive process seeks to fund high impact, program-related grants, generally ranging from $25,000 to $150,000. Not-for-profits that are aligned with these programmatic and geographic guidelines are encouraged to apply.
To be considered for a grant, applicants must be domestic, non-profit, tax-exempt organizations under section 501(c)(3) of the U.S. Internal Revenue Code.
Applications close August 9, 2023.
Please direct inquiries to firstname.lastname@example.org.
A look at our previous champions...
2022 Cohort of Goldman Sachs Community Development Champions
The 2022 cohort of Goldman Sachs Community Development Champions included leading not-for-profits from New York, New Jersey and Utah, ranging from an organization that empowers low-income individuals to become productive participants in the U.S. financial system to an organization that support services to young people experiencing homelessness to organizations that preserve and develop affordable housing. Our Champions are expected to impact over 550,000 people over the time period of the grant and over 1,200 businesses.
The firm convened our 2022 Community Development Champions to understand community needs and inform our community development programming.
Through our discussions, not-for-profits told us that:
- Restrictive and inefficient funding is a key challenge
- Funding often comes with too many restrictions and onerous reporting requirements
- Non-profits need longer-term grants; stable, predictable funding is needed to have sustainable impact in communities
Our community engagement efforts resulted in broad and deep learning. Goldman Sachs appreciated the feedback gathered throughout this process and will work to apply these learnings in our future grant process.
Learn more about the thirty-three 2022 Champions below.
- Asian Americans For Equality, Inc.
- Big Brothers Big Sisters of Utah
- Brownsville Partnership Inc.
- Catholic Community Services of Utah
- Change Capital Fund
- Covenant House New York (CHNY)
- Cypress Hills Local Development Corporation
- East Harlem Tutorial Program Inc. (EHTP)
- Enterprise Community Partners, Inc.
- Fifth Avenue Committee Incorporated
- Fund for Public Housing
- Greater Jamaica Development Corporation
- Green City Force Inc.
- Guadalupe Center Education Programs Inc.
- Hot Bread Kitchen
- Junior Achievement of New York, Inc.
- Junior Achievement of Utah, Inc.
- JustFix, Inc.
- Local Initiatives Support Corporation
- Neighborhood Housing Services of New York City (NHSNYC)
- Neighborhood Trust Financial Partners
- NeighborWorks Salt Lake
- Pratt Area Community council, Inc. dba IMPACCT Brooklyn
- Queens Community House
- Suazo Business Center
- The Association for Neighborhood & Housing Development, Inc.
- The Center for New York City Neighborhoods, Inc.
- The Hope Program
- The Knowledge House Fellowship Inc (DBA: The Knowledge House)
- The Legal Aid Society
- United Way of Salt Lake
- YWCA Utah
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