Posted on October 6, 2005

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Goldman Sachs Foundation Awards $4.4 Million to Improve Access to Higher Education

The New York City-based Goldman Sachs Foundation has announced $4.4 million in grants to improve access to top colleges for academically gifted students from traditionally under-represented backgrounds in the United States and abroad.

Grant awards included $2.3 million through the foundation's university access program to the University of Chicago; Georgetown, Harvard, and Princeton universities; the London School of Economics and Political Science; Trinity College in Dublin, Ireland; and the University of Witwatersrand in Johannesburg, South Africa, which, in turn, will work to identify public secondary school students who have demonstrated academic potential and ability but who might not consider applying to an elite school; recruit and enroll them in multi-year college-preparatory programs that emphasize academic enrichment and the skills needed to apply successfully for admission to such colleges; and assess outcomes to ensure success once the students have matriculated.

The foundation also awarded $1 million to the San Francisco-based Hispanic Scholarship Fund to support a collaboration between HSF, the Boys & Girls Clubs of America, and the Johns Hopkins University Center for Talented Youth on a pilot program in Los Angeles and New York City that will prepare 2,500 Hispanic middle school students for admission to selective colleges and universities, as well as to provide ongoing support for HSF's Scholar Chapters.

The foundation also announced a grant of $560,000 to the D.C.-based Public Education Network to support and strengthen community-based efforts to improve teacher-quality policies and practices in Durham, North Carolina; Mobile, Alabama; Portland, Oregon; San Francisco; and Seattle; and one of $500,000 to Stanford University in support of the Stanford Educational Leadership Institute.

“The Goldman Sachs Foundation Announces $4.4 Million in Grants to Education.” Goldman Sachs Press Release 10/04/05.

Primary Subject: Education
Secondary Subject(s): Higher Education, International Affairs/Development
Location(s): Ireland, South Africa, United Kingdom, United States

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