Goldman Sachs Bank USA Community Development Grant Program
Not-for-profit organizations are invited for funding from the Goldman Sachs Bank USA Community Development Grants Program. The grants program seeks to support community development programs that serve low- and moderate- income individuals or communities and address key community needs.
At Goldman Sachs, they believe that strong communities are the foundation of a prosperous society. Through the Impact Investing initiatives, Goldman Sachs find innovative commercial solutions that address social and civic challenges in communities across the United States.
This competitive process seeks to fund high impact, program-related grants, generally ranging from $25,000 to $150,000.
Community services such as education, including financial education for youth and consumers;
Small business development;
This year the grant program are particularly interested in supporting programs related to advancing racial justice, COVID-19 relief, and/or consumer financial health.
Community development programs must address community needs 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
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.
Describe the organization’s mission;
Describe the geography in which the organization provides services and describe the
population served by the organization;
Describe how the organization meets the grant program criteria:
Affordable housing (indicate what percentage of beneficiaries are low- or moderate income 0f
Community services (indicate what percentage of clients are low- or moderate-income)
Meeting the needs of underserved small businesses; or
Revitalizing low- or moderate-income geographies If your application relates to COVID relief, describe the impact that the pandemic has had on your organization and the population you serve and your efforts to address these impacts. If your application relates to racial justice, describe how your organization’s programs address racial wealth and income gaps;
Organization Budget, Program Budget (attach as one separate Excel file);
Please list any existing or previous relationships with Goldman Sachs (e.g., board members, client relationship, or previous donations);
Major Funders: Top five to ten major public and private funders and amounts.
For more information, visit https://www.goldmansachs.com/what-we-do/investing-and lending/impact-investing/community-development-grant/