Goldman Sachs Announces $4 Million in Grants to Community Colleges

Goldman Sachs, the investment banking firm, on Monday announced that it would distribute $1 million in competitive grants for nine community colleges around the country. Those grants, which are aimed at community college endowments and will support need-based financial aid, follow $2 million in gifts for LaGuardia Community College, which is located in New York City. The new grants from the firm's Goldman Sachs Gives fund also will be matched with $1 million from donors to the colleges.