Over 1,000 analysts competed to pitch Goldman Sachs CEO David Solomon and execs their philanthropic ideas—and win $650K for charity
Source: Fortune ·
Goldman Sachs has put $6 billion of philanthropic grants “in the hands of our analysts,” one exec says.
From the source
For over a decade thousands of Goldman Sachs analysts have faced off in a company-wide philanthropic competition, pitching charitable projects to CEO David Solomon and senior executives for the chance to direct the bank’s money to causes they care about—and the tech-savvy finalists were awarded $650,000 collectively to reinvest in their charitable causes. It’s called the Analyst Impact Fund. And this year, more employees than ever faced off in the bank’s 11th event. “Goldman Sachs is putting in the hands of our analysts the decision on where ultimately $6 billion of philanthropic grants have gone over the last 11 years,” Asahi Pompey, global head of corporate engagement and president of the Goldman Sachs Foundation, tells Fortune. A Frankfurt analyst team, called Every Cure, that has been using tech to move greater drug-disease cross-applications to clinical trials was just crowned the winner. With the $250,000 in charitable prize money, the group of four seeks to accelerate their…