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May 29, 2015 8:41 AM ET

Commercial Services and Supplies

Company Overview of Goldman Sachs Foundation, The

Company Overview

The Goldman Sachs Foundation is a not-for-profit foundation with over $211 million assets under management. The foundation primarily focuses on education and health. It was established in 1999 and is based in New York City. The Goldman Sachs Foundation operates as a subsidiary of The Goldman Sachs Group, Inc.

375 Park Avenue

Suite 1002

New York, NY 

United States

Founded in 1999

Phone:

212-902-5402

Key Executives for Goldman Sachs Foundation, The

Secretary
Compensation as of Fiscal Year 2014.

Goldman Sachs Foundation, The Key Developments

International Finance Corporation and The Goldman Sachs Foundation Launch Fund for Female Entrepreneurs

The International Finance Corporation and The Goldman Sachs Foundation teamed up to launch a $600 million fund to increase access to capital for female entrepreneurs in emerging-market countries. The partners will invest a total of $132 million to seed the new Women Entrepreneurs Opportunity Facility, billed as the first global finance fund exclusively aimed at women-owned small and medium enterprises (SMEs). The International Finance Corporation will provide an initial $100 million and the Goldman Sachs Foundation will invest $32 million. The fund will allow about 100,000 women to gain access to capital, helping them to overcome a major hurdle to growing their businesses. The fund, which will be managed by the IFC, was expected to attract $468 million from public and private investors. It will extend lines of credit and share risks with local banks to promote credit access for female entrepreneurs. The World Bank said the project was part of its overall strategy to promote gender equality and social and economic opportunities for women.

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