Goldman Sachs Gives

Goldman Sachs Gives recently donated $2 million to assist Carnegie Mellon students whose families have been disproportionately affected by America’s economic recession.

This gift came at the recommendation of Paul Russo (S’86), managing director of Goldman Sachs. It will be used for scholarships based on financial need and academic performance beginning this semester.

“It doesn’t take much to figure out there are a lot of families in pain around the country,” said Russo.

He and his wife, Allison (TPR’88), have a special fondness for the university and believe Carnegie Mellon students are high academic achievers across the board.

“You have a tremendous opportunity. Take advantage of it while you’re here,” Paul Russo urged this year’s scholarship awardees during a recent visit to campus where the Russos met the students. “You’re investing in yourself and there’s no better investment.”

Goldman Sachs Gives is a donor-advised fund through which participating managing directors of the firm recommend grants to qualified charitable organizations.

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