The ERIC and Wendy Schmidt Fund for

EIN 463460261 Private Foundation

Bellevue, WA 98004 |(650) 461-8088

Total Given 2018–2023
$555.2M
838 grants · $92.5M avg/year
based on 6 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$191K
typical big bets · $50K–$500K
grant size
24%
balanced · 113/480 multi-year
repeat
$1.4B
Assets (2023)
480
Distinct Recipients

Focus Areas

Education Health Arts & Culture Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Contact Person SCHMIDT FUTURES
Phone (650) 461-8088
Deadlines VARIES BY YEAR. CHECK WEBSITES FOR DEADLINES.
How to Apply INDIVIDUALS APPLY ONLINE AT HTTPS://SCHMIDTFUTURES.COM/OUR-WORK/ISRAELI-WOMENS-POSTDOCTORAL-AWARD/#HOW-T O-APPLY
Restrictions ISRAELI POSTDOC SCHOLARSHIP IS FOCUSED ON WOMEN COMPLETING/RECEIVED A PH.D. IN THE FIELDS OF MATHEMATICAL AND COMPUTATIONAL SCIENCES OR ENGINEERING AT A RESEARCH UNIVERSITY IN ISRAEL.
Visit funder website

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2018 $29.5M $448.1M $37.4M 99
2019 $800K $585.8M $128.6M 16
2020 $39.1M $1.1B $407.0M 104
2021 $37.5M $1.7B $412.2M 112
2022 $122.5M $1.1B $126.5M 196
2023 $325.8M $1.4B $357.9M 311

Grant Size Distribution

Based on 838 grants on record

Minimum
$600
25th Pctl
$50K
Median
$191K
Average
$662K
75th Pctl
$500K
Maximum
$39.5M

Geographic Distribution

Texas Counties Served

1.6% of US grants · Rank #10 of 34 states $5.6M across 11 grants 6 of 254 counties

Top 6 counties

  1. 1 Harris 5 grants · $4.0M
  2. 2 Nueces 2 grants · $510K
  3. 3 Travis 1 grant · $500K
  4. 4 Bexar 1 grant · $285K
  5. 5 McLennan 1 grant · $178K
  6. 6 Dallas 1 grant · $54K

Officers & Directors

Grants Awarded (838 total)

Purpose
European Organization for Nuclear Research (Cern) Geneva, None $39,500,000 TO PROVIDE SUPPORT FOR THE NEXTGEN TRIGGERS PROJECT. 2023
Kyutai Paris, None $33,105,000 GENERAL SUPPORT FOR THE ENDOWMENT OF KYUTAI FOR SCIENTIFIC AND EDUCATIONAL OPEN SOURCE AI RESEARCH. 2023
Convergent Research Inc Cambridge, MA $17,347,218 TO PROVIDE SUPPORT TO CONVERGENT RESEARCH (CR) AND ITS FOCUSED RESEARCH ORGANIZATIONS (FRO) 2022
Convergent Research Inc Cambridge, MA $15,800,000 TO SUPPORT CONVERGENT RESEARCH AND ITS FOCUSED RESEARCH ORGANIZATIONS 2023
The Rhodes Trust Oxford, None $12,500,000 GENERAL OPERATING SUPPORT RISE-RELATED GIFT TO RHODES 2022
Kyutai Paris, None $11,035,000 GENERAL SUPPORT FOR THE ENDOWMENT OF KYUTAI FOR SCIENTIFIC AND EDUCATIONAL OPEN SOURCE AI RESEARCH. 2023
Future House Inc Sherborn, MA $10,000,000 SUPPORT FOR SCIENTIFIC INSTITUTE FOCUSED ON ACCELERATING BIOLOGICAL RESEARCH THROUGH MACHINE LEARNING 2023
Future House Inc Sherborn, MA $9,200,000 SUPPORT FOR SCIENTIFIC INSTITUTE FOCUSED ON ACCELERATING BIOLOGICAL RESEARCH THROUGH MACHINE LEARNING 2023
Convergent Research Inc Cambridge, MA $9,164,687 CASH - $8,200,000LLC INTEREST - $964,687VALUATION METHOD: FAIR MARKET VALUEDATE OF GIFT: 12/31/2022PURPOSE: GENERAL... 2022
European Organization for Nuclear Research (Cern) Geneva, None $8,500,000 TO PROVIDE SUPPORT FOR THE NEXTGEN TRIGGERS PROJECT. 2023
Convergent Research Inc Cambridge, MA $8,000,000 TO PROVIDE SUPPORT FOR EVE (EVERYTHING VS. EVERYTHING) FRO. 2023
The Rhodes Trust Oxford, None $7,539,634 TO SUPPORT THE RISE PROGRAM 2023
Convergent Research Inc Cambridge, MA $6,000,000 TO PROVIDE SUPPORT FOR EVE (EVERYTHING VS. EVERYTHING) FRO. 2023
The Rhodes Trust Oxford, None $5,901,637 AWARDS EARMARKED TO 92 INDIVIDUALS IN THE SCHMIDT SCIENCE FELLOWSHIP PROGRAM 2023
The Rhodes Trust Oxford, None $5,564,698 RHODES TRUST SCIENCE FELLOWSHIP 2022
Institute of International Education Inc New York, NY $5,232,180 QUAD FELLOWSHIP AWARD 2023
The Rhodes Trust Oxford, None $5,059,404 AWARDS EARMARKED TO 88 INDIVIDUALS IN THE SCHMIDT SCIENCE FELLOWSHIP PROGRAM 2022
Rockefeller Philanthropy Advisors Inc New York, NY $5,000,000 SUPPORT FOR THE REIMAGINE K-12 EMERGENCY FUND 2021
The Rhodes Trust Oxford, None $4,239,611 SCHMIDT SCIENCE FELLOWSHIP PROGRAM ADMINISTRATION 2020
The Regents of the University of California Berkeley, CA $3,845,837 THE SCHMIDT CENTER DS4E 2023
California Institute of Technology Pasadena, CA $3,800,000 CLIMA: CLIMATE MODELING ALLIANCE 2023 2023
The Rhodes Trust Oxford, None $3,597,620 RISE, AN INITIATIVE OF SCHMIDT FUTURES AND THE RHODES TRUST 2023
The Rhodes Trust Oxford, None $3,590,387 AWARDS EARMARKED TO 56 INDIVIDUALS IN THE SCHMIDT SCIENCE FELLOWSHIP PROGRAM 2021
University of Chicago Chicago, IL $3,500,000 TO PROVIDE SUPPORT FOR INCUBATING A MARKET SHAPING HUB AND CONCEPTS COMPETITION AT UCHICAGO. 2023
The Rhodes Trust Oxford, None $3,496,912 SCHMIDT SCIENCE FELLOWSHIP PROGRAM ADMINISTRATION 2021

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