The Foundation was established in 1943 in New York City by Herman Goldman, a prominent New York City attorney and valued advisor to leading corporations and individuals, and one of the first lawyers to specialize in the law of income taxation after the passage of the Internal Revenue Code in 1915.  Mr. Goldman was, throughout his professional life, the principal of The Firm of Herman Goldman which subsequently became a partnership known as Brauner Baron Rosenzweig and Klein. During his lifetime, Mr. Goldman was also active in the affairs of a number of New York charitable institutions, including Mount Sinai Hospital and Lincoln Center for the Performing Arts. In addition, he was one of the founders of the Albert Einstein College of Medicine. During the period from 1943 until his death in 1967, Mr. Goldman made a series of gifts to the Foundation and, upon his death, a substantial portion of his estate was devised to the Foundation. The Board of Directors of the Foundation continues to actively support numerous worthy charitable causes with an emphasis on several program areas.