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The Schmidt Family Foundation
The Schmidt Family Foundation was created in 2006 by Eric and Wendy Schmidt. Wealth traces to Eric Schmidt's role at Google and subsequent holdings.
The Schmidt Family Foundation
The Schmidt Family Foundation was created in 2006 by Eric and Wendy Schmidt. Wealth traces to Eric Schmidt's role at Google and subsequent holdings. The foundation allocates across private equity, public equities, and direct impact positions. Confirmed holdings include Alphabet Inc., D.E. Shaw & Co., Saildrone, Notpla, and Nithio. Activity centers on North America and Europe with additional exposure in the United Kingdom and Ukraine. Assets total $2.2 billion. Adjacent vehicles include Schmidt Futures, Schmidt Ocean Institute, 11th Hour Project, and ReMain Nantucket. July 2025: Sponsored the Interdisciplinary Science Summit at Caltech. Philanthropic and investment activities are separated through distinct legal entities and operating foundations that report independently.
General information
Firm type
Foundation
Year founded
2006
AUM
2200 (Altss estimate)
Location
Region
North America
Country
United States
City
Palo Alto
Corporate office
555 Bryant Street 370, Palo Alto, CA, United States
Principals
Eric Schmidt
Founder
Wendy Schmidt
Founder
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at The Schmidt Family Foundation?
Eric and Wendy Schmidt set overall direction. Joe Sciortino serves as Executive Director. Juniper Hill Capital Management provides investment advisory services.
Does The Schmidt Family Foundation participate in fund commitments or only direct deals?
The foundation makes both fund commitments and direct investments. Positions include limited partnership interests in Nithio and Saildrone alongside public equity holdings.
Where does the underlying wealth come from?
Wealth originates from Eric Schmidt's career at Google and subsequent personal holdings managed through Hillspire LLC.
What investment stages does The Schmidt Family Foundation typically target?
The foundation targets early-stage venture and growth investments in climate technology and environmental services.
How is The Schmidt Family Foundation related to Schmidt Ocean Institute?
Schmidt Ocean Institute operates as a dedicated subsidiary that provides research vessels for marine science at no cost to scientists.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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