# The Schmidt Family Foundation

The Schmidt Family Foundation is a Foundation based in Palo Alto, United States.

## Overview

- **Organization type:** Foundation
- **Headquarters:** Palo Alto, United States
- **Region:** North America
- **Address:** 555 Bryant Street 370, Palo Alto, CA, United States
- **Founded:** 2006
- **Assets under management:** 2200 (Altss estimate)
- **Website:** tsffoundation.org
- **LinkedIn:** https://www.linkedin.com/company/tsffoundation

## Regulatory record

- **Reports private funds:** No

## About

The Schmidt Family Foundation was created in 2006 by Eric and Wendy Schmidt. 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.

## Sectors

- ClimateTech
- Environmental Services
- Renewable Energy

## People

- Eric Schmidt — Founder
- Wendy Schmidt — Founder

## 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.

### 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.

## Related profiles

- [Tacoma Employees' Retirement System](https://altss.com/profile/tacoma-employees-retirement-system)
- [The State University of New York (SUNY)](https://altss.com/profile/the-state-university-of-new-york-suny)

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Last updated: 2026-08-10T15:58:45.833Z

Canonical page: https://altss.com/profile/the-schmidt-family-foundation

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