Lloyd Blankfein: Not Quite as Charitable These Days

It's been a rough stretch for every banking CEO, and Goldman Sachs chief Lloyd Blankfein is no exception. While he did very well for himself in 2007—he took home a total of $67 million—he opted to forgo a bonus in 2008, and the $465 million in Goldman stock he owned at the beginning of 2008 was worth just $127 million by the end of the year. This probably explains why Blankfein's charitable contributions for 2008 fell off a cliff, too. In 2007, the Lloyd & Laura Blankfein Foundation handed out more than $1.5 million to more than three dozen charity groups. In 2008, the number dropped to $643,000. Almost every non-profit took a haircut: In 2007, for example, Blankfein and his wife gave more than $240,000 to Ethical Culture-Fieldston; in 2008, the number fell to just $45,000. But there were also a number of charities that were dropped altogether, such as the Robin Hood Foundation, which collected $390,000 from the Blankfeins in 2006 and $500,000 in 2007, but got zilch in 2008. The really grim news? Blankfein's foundation was only reporting contributions through January 2008, when the financial crisis was just beginning, which suggests much bigger drop-offs are yet to come. A look at the Blankfeins' contributions from 2006, 2007 and 2008 after the jump.

Lloyd Blankfein: Not Quite as Charitable These Days
Lloyd Blankfein: Not Quite as Charitable These Days
Lloyd Blankfein: Not Quite as Charitable These Days