# Schmidt Futures

Schmidt Futures is an Initiative based in Washington, United States.

## Overview

- **Organization type:** Initiative
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, DC, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** schmidtfutures.org
- **LinkedIn:** https://www.linkedin.com/company/schmidt-futures

## Regulatory record

- **Reports private funds:** No

## About

Schmidt Futures invests in technology, scientific knowledge, and shared prosperity initiatives. The firm has made 17 investments, including a February 2024 grant to Climate Policy Radar. Portfolio exits include Beam, which exited on February 3, 2026.

## Sectors

- AI/ML
- Education
- Energy Transition & Renewables
- Healthcare Services
- Infrastructure

## Offices

- New York, NY
- London, UK

## People

- Eric Schmidt — Co-Founder
- Wendy Schmidt — Co-Founder
- James Manyika — Board Member

## Questions

### Who runs investment decisions at Schmidt Futures?

Schmidt Futures is not a for-profit investment vehicle; it disburses philanthropic grants rather than making market-rate investments. Programmatic and funding decisions are driven by the co-founders, Eric and Wendy Schmidt, working with senior leadership including board member James Manyika. The organization does not have a traditional investment committee allocating to external funds.

### Does Schmidt Futures take equity positions or make venture investments?

No. Schmidt Futures functions exclusively as a philanthropic grantmaker and program operator, not as a venture capital fund or impact investor. Eric Schmidt maintains a separate family office, Hillspire, for his for-profit venture and real estate activities.

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Last updated: 2026-06-03T20:00:00.000Z

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