Substantial assets ($518,027,728) demonstrate significant capacity for charitable giving
High percentage of expenses dedicated to grants (programmatic spending) as typical for a DAF
Long history of consistent IRS 990 filings (13 filings) indicating regulatory compliance
Spending Breakdown
How Goldman Sachs Charitable Gift Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Goldman Sachs Charitable Gift Fund
Is Goldman Sachs Charitable Gift Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Goldman Sachs Charitable Gift Fund (EIN: 113813663) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Goldman Sachs Charitable Gift Fund a good charity to donate to?
Goldman Sachs Charitable Gift Fund has a Mission Score of 85/100. Revenue: $815.8M. Assets: $518.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goldman Sachs Charitable Gift Fund?
The Employer Identification Number (EIN) for Goldman Sachs Charitable Gift Fund is 113813663. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Goldman Sachs Charitable Gift Fund spend its money?
Goldman Sachs Charitable Gift Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goldman Sachs Charitable Gift Fund's tax-exempt status?
You can verify Goldman Sachs Charitable Gift Fund's tax-exempt status using EIN 113813663 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Goldman Sachs Charitable Gift Fund operates as a donor-advised fund, which inherently impacts its financial profile compared to traditional operating charities. The organization consistently reports zero officer compensation, indicating a lean administrative structure at the executive level. However, the significant fluctuations in revenue and expenses, particularly the 202306 period where expenses ($198,639,847) far exceeded revenue ($56,851,698), suggest a reliance on prior year contributions or investment returns for grantmaking. This is typical for DAFs, where contributions are made upfront and grants are distributed over time.
The fund's assets have generally grown over the years, reaching $518,027,728 in the latest filing, demonstrating its capacity to hold and distribute significant charitable capital. The NTEE code T30 (Donor-Advised Funds) confirms its primary function. While the 990 filings show consistent financial activity, the nature of a DAF means that the ultimate impact and transparency of the underlying grants depend on the individual donors' choices, which are not detailed in the fund's public filings. The fund's role is primarily as an intermediary for charitable giving.