Since a bequest of $11 million from the estate of Morris Goldseker in 1975, the Goldseker Foundation has grown to a $100 million philanthropy that has granted $85 million to 530 nonprofit organizations in the Baltimore metropolitan area. In the mid-2000s, the foundation’s board expanded to include independent directors and a second generation of Goldseker family members. In 2013, the foundation underwent its first executive leadership transition in 34 years.
The presidents of The Associated: Jewish Community Federation of Baltimore, Johns Hopkins University and Morgan State University serve as ex-officio members of an advisory selection committee to help inform the foundation’s grant making. The foundation seeks opportunities to promote strong leadership, convene committed partners and leverage resources, as exemplified by early work to create and nurture civic assets such as the Association of Baltimore Area Grantmakers, the Baltimore Community Foundation and Associated Black Charities.
In 2000, the foundation was among the first funders of the Healthy Neighborhoods Program, with operating support and a loan guarantee for a residential mortgage lending pool to increase private investment in Baltimore’s middle neighborhoods. In 2009, it created the Neighborhood School Partnership Initiative to enhance the desirability of the Healthy Neighborhoods communities by increasing enrollment and academic quality at local schools.
Looking forward, the foundation’s new CEO, Matt Gallagher, plans to build upon the collaborative efforts while using data to target philanthropic investments for greater impact.