The Eric And Wendy Schmidt Fund For Strategic Innovation

555 BRYANT ST 374 - PALO ALTO - CA 94301, California

Latest Filing: 2023

Total Assets: $1.12B

Total Giving: $81.70M

Grants: 131

Median Grant: $240,924

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION, a major 990pf foundation in California, provides grants ranging from $3K to $10M annually.

2023 Summary

$1.12B

Total Assets

$81.70M

Funding Awarded

131

Grants Given

$240,924

Median Grant

$12.50M

Largest Grant

$3,000

Smallest Grant

2023 Recipients

Recipient	Award	Location	Purpose
The Rhodes Trust	$12.50M	Mineral, VIRGINIA	General Operating Support Rise Related Gift To Rhodes
Convergent Research Inc	$9.16M	Cambridge, MASSACHUSETTS	Cash $8,200,000 Llc Interest $964,687 Valuation Method: Fair Market Valuedate Of Gift: 12/31/2022 Purpose: General Operations And Focused Research Organizations.
The Rhodes Trust	$5.56M	Far Rockaway, NEW YORK	Rhodes Trust Science Fellowship
Fondazione Bologna University Business School	$3.00M	New York, NEW YORK	The Schmidt Center For Executive Education On A.I.
The Rhodes Trust	$2.80M	New York, NEW YORK	Rise, An Initiative Of Schmidt Futures And The Rhodes Trust
Eedi Ltd	$2.30M	Palo Alto, CALIFORNIA	To Provide Support For Enhancing Learning Through Understanding And Surfacing Misconception. (Ml Model For Misconceptions)
University Of Reading	$2.08M	Stony Brook, NEW YORK	Support For The Land Ecosystem Models Based On New Theory, Observations, And Experiments (Lemontree) Vesri Project
Uk Office Of The Victor Pinchuk Foundation	$2.00M	Palo Alto, CALIFORNIA	Ukraine Relief Fund Support For Victims Of War In Ukraine
New York University	$1.86M	Palo Alto, CALIFORNIA	M2 Lines Multiscale Machine Learning In Coupled Earth System Modeling
Centre National De La Recherche Scientifique	$1.68M	New York, NEW YORK	The Scale Aware Sea Ice Project (Sasip)
Rising International Education And Learning Limited	$1.50M	Boston, MASSACHUSETTS	To Provide Support For Ai Powered Chatbot That Serves As A Personalized Math Tutor For Low Income Students.
Imperial College Of Science Technology And Medicine	$1.45M	Cambridge, MASSACHUSETTS	Schmidt Ai In Science Postdocs
National Science Foundation	$1.44M	Cambridge, MASSACHUSETTS	To Provide Support For K12 Education Research, Training, And Infrastructure Partnership.
National Science Foundation	$1.43M	Palo Alto, CALIFORNIA	To Provide Support For K12 Education Research, Training, And Infrastructure Partnership.
Rockefeller Philanthropy Advisors Inc	$1.23M	Columbus, MASSACHUSETTS	New York State Telehealth Innovation Initiative
The Craft Education System	$1.19M	Palo Alto, CALIFORNIA	To Create Apprenticeship Matching And Training Opportunities For Low Income Individuals.
The Board Of Trustees Of The Leland Stanford Junior University	$1.03M	Jamaica, NEW YORK	A Data Informed Framework For The Representation Of Sub Grid Scale Gravity Waves To Improve Climate Prediction (M2 Lines)
Merit America	$1.00M	Palo Alto, CALIFORNIA	Scale Merit America To $1 B Wage Gains
National Science Foundation	$1.00M	Palo Alto, CALIFORNIA	To Provide Support For Data Science Corps.
University Of Glasgow Court	$1.00M	Mamaroneck, NEW YORK	Establishing Chemputation As The Open Standard For Digital Chemistry
... and 9 more recipients.

$2,400,000

$17,839,662

State

Total

NY

New York

$17,839,662
MA

Massachusetts

$14,771,716
CA

California

$13,680,451
VA

Virginia

$13,250,000
DC

District of Columbia

$2,400,000

Contacts

Name	Phone	Title
MANDY QUACH	6504618088	TREASURER
MANDY QUACH		Signing Officer

Historical Financials

Year	Total Assets	Total Giving	Grants	Median Grant	Max Grant	Min Grant
2023	$1,117,749,688	$81,696,199	131	$240,924	$12,500,000	$3,000
2022	$1,715,568,763	$35,697,623	106	$50,000	$5,000,000	$10,000
2021	$1,055,676,240	$36,320,561	86	$200,000	$4,239,611	$600
2020	$585,768,391	$60,546,032	65	$400,000	$25,000,000	$45,000
2019	$448,140,869	$26,888,209	91	$200,000	$2,762,159	$10,000