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Article: Goldman Sachs Establishes Goldman Sachs Gives Charitable Fund.
- Article from:
- Business Wire
- Article date:
- November 21, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Firm Also to Double Firmwide Matching Gift Program to $20,000 per Employee
NEW YORK -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced the establishment of Goldman Sachs Gives, a donor advised fund. Through Goldman Sachs Gives, the firm's partners have agreed to commit a part of their overall compensation to charitable organizations.
Individual accounts will be established within Goldman Sachs Gives for participating partners, who will recommend charitable organizations around the world as recipients, thereby diversifying the firm's overall philanthropy. In addition, the firm will be making a separate contribution to Goldman Sachs Gives; this ...