Private Foundation

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION is a private foundation categorized as Private Foundation based in PALO ALTO, CA. Its most recent IRS filing (2024) reports revenue of $406.8M, expenses of $313.0M, total assets of $1.6B. Imperigo tracks 1,067 reported grants from this foundation totaling approximately $664.1M.

EIN: 463460261 PALO ALTO, CA Latest filing: 2024
Total Revenue$406.8M
Total Expenses$313.0M
Total Assets$1.6B
Grants Given1,067
Grant Total$664.1M
Filing Years2020–2024

Sample Grants Given

THE RHODES TRUST
2024
GENERAL OPERATING SUPPORT
$12,500,000
KYUTAI
2024
TO PROVIDE GENERAL SUPPORT
$10,442,000
BARACK OBAMA FOUNDATION
CHICAGO, IL · 2024
TO SUPPORT THE OBAMA PRESIDENTIAL CENTER
$10,000,000
FUTURE HOUSE INC
SHERBORN, MA · 2024
TO PROVIDE SUPPORT FOR FUTUREHOUSE AI SCIENTIST PROGRAM
$10,000,000
THE RHODES TRUST
2024
SUPPORT FOR RHODES TRUST SCIENCE FELLOWSHIP
$8,069,204

Showing up to 5 of 1,067 total records — full history available with membership.

Officers & Directors

CHIEF EXECUTIVE OFFICER - AGOG Charles Giller
CO-SECRETARY Colette Haider
PRESIDENT & DIRECTOR Eric Schmidt
CO-SECRETARY Frances Babb
CHIEF FINANCIAL OFFICER (THRU 09/2024) Gregg Goldman
CHIEF EXECUTIVE OFFICER - SILC John Redd

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$29,490,600 9 grants
TO PROVIDE SUPPORT FOR SCIENTIFIC FOCUSED RESEARCH
$23,541,303 9 grants
TO SUPPORT CONVERGENT RESEARCH AND ITS FOCUSED RESEARCH ORGANIZATIONS
$15,800,000 1 grant
SCHMIDT AI IN SCIENCE POSTDOCS
$15,754,328 7 grants
GENERAL OPERATING SUPPORT
$15,676,482 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $406.8M $313.0M $1.6B
2023 $357.9M $374.7M $1.4B
2022 $126.5M $186.1M $1.1B
2021 $1.7B
2020 $407.0M $57.8M $1.1B

Between 2020 and 2024, reported annual revenue held roughly steady at around $406.8M, with total assets most recently reported at $1.6B.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AK, AZ, CA, CO, CT, DC, and 4 other states.

AKAZCACOCTDCDEFLGAHI

Full geographic grant map with state-by-state breakdown available with membership.

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