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Gs Donor Advised Philanthropy Fund

Also known as Gs Daf

New York, NY · EIN 31-1774905 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Gs Donor Advised Philanthropy Fund reported $6.59 billion in revenue and $3.11 billion in expenses for calendar year 2024. Of every $100 it spent, $99.08 went to program services, $0.92 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 88.5% of the total. Revenue rose 75% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.11B

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $6.59B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.1%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.9%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
88.5%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
Not reported$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
Not reported1.56%
People paid over $100,000
Part VII, line 2
03
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
48.856.6
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$3.08B expenses · 100.0% of program spending · grants $3.08B

The gs Donor Advised Philanthropy Fund for wealth management ("gs daf") accomplishes its charitable purposes by receiving charitable contributions and making grants exclusively for religious, charitable, scientific, literary, or educational purposes, primarily to organizations described in section 170(b)(1)(a) of the internal revenue code of 1986 as amended (the "code"). The organization operates as a "sponsoring organization" within the meaning of code section 4966 and maintains Donor Advised funds. For the year ended december 31, 2024, the organization made approximately 29,254 grants…

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.00B$4.00B$6.00B$8.00B201920202021202220232024$6.59B$3.11B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$6.59B$3.11B99.1%$12.7B—
2023 ⓘ$3.18B$2.16B98.9%$8.90B—
2022 ⓘ$1.94B$1.83B98.9%$7.48B—
2021 ⓘ$2.56B$3.17B99.4%$8.64B—
2020 ⓘ$1.89B$1.58B99.1%$8.79B—
2019 ⓘ$3.76B$1.74B99.4%$8.05B—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 626

Private foundation grants it received

59 private foundations reported grants to Gs Donor Advised Philanthropy Fund totaling $113M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Gs Donor Advised Philanthropy Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gs Donor Advised Philanthropy Fund, you can publish a response that is linked from this page.

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Questions people ask

How much of Gs Donor Advised Philanthropy Fund's spending goes to programs?

In calendar year 2024, Gs Donor Advised Philanthropy Fund reported that 99.1% of its $3.11 billion in expenses went to program services, 0.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

Where does Gs Donor Advised Philanthropy Fund get its money?

Of $6.59 billion in revenue in calendar year 2024, 88.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Gs Donor Advised Philanthropy Fund a registered charity?

The IRS lists EIN 31-1774905 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503109349303645 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413109349303336 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312859349302266 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243089349301314 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142779349300844 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022189349300322 · read the filing

All filings for EIN 31-1774905: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.