A fund created by Goldman Sachs 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 that the gift will enable his organization to build a school and community center at Harlem’s St. Nicholas Houses.
He said the community center will give children a safe alternative to the street.
Goldman Sachs President and Chief Operating Officer Gary Cohn said the Harlem Children’s Zone has improved the lives of thousands of New York families.
Mayor Michael Bloomberg said the Harlem Children’s Zone has established a national model for empowering children.