Goldman Sachs fund gives $20 million for NYC charter school, community center

NYC charter school gets $20M Goldman Sachs gift

NEW YORK — A fund created by the Goldman Sachs investment banking and securities firm is giving $20 million for a charter school and community center in New York City.

The donation to the Harlem Children’s Zone is the largest ever by the Goldman Sachs Gives fund.

Harlem Children’s Zone president Geoffrey Canada said Thursday the gift will enable his organization to build a school and community center at the St. Nicholas Houses public housing project in upper Manhattan. He says the community center will give children a safe alternative to the street.

Goldman Sachs president Gary Cohn says the Harlem Children’s Zone has improved the lives of thousands of New York families.

Mayor Michael Bloomberg says the Harlem Children’s Zone has established a national model for empowering children.