Goldman Sachs Foundation Awards $1.7 Million for Education Initiatives

The New York City-based Goldman Sachs Foundation has announced grants totaling $1.7 million to support innovative programs in youth development, business education, and teacher development.

Grants announced in this round of funding included $575,000 to the Center for Talented Youth at Johns Hopkins University in support of the efforts of the Next Generation Venture Fund, a collaboration with Duke University to support academic enrichment, mentoring, and distance-learning programs for young people from underrepresented and underserved backgrounds. Other recipients include the Duke University Talent Identification Program ($220,000), the University of California at Santa Cruz ($300,000), the National Council on Economic Education ($300,000), and Junior Achievement Worldwide ($120,000).

"These grants address needs in education — academic enrichment for gifted youth who have traditionally been underrepresented on top college campuses, economic and financial literacy, and their training," said foundation president Stephanie Bell-Rose. "Collectively they represent our commitment to preparing leaders of tomorrow and the teachers who will help guide them to success."

For a complete list of grant recipients, see: http://www.gs.com/our_firm/our_culture/social_responsibility/
gs_foundation/knowledge_center/articles/recent_press_releases_
article_050406165409.html.

"The Goldman Sachs Foundation Announces $1.7 Million in Grants to Education Programs." Goldman Sachs Foundation Press Release 04/07/2005.