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The Schmidt Family Foundation

Foundation · Founded 2006 · United States

#92 LP Ranking #11 of 714 foundations

Private foundation created in 2006 by Eric Schmidt, the Executive Chairman of Google, and his wife Wendy Schmidt, to address issues pertaining to sustainability and the responsible use of natural resources

23 VC firms backed
$1.5B AUM
~$75M Allocated to VC (est. 5%)
01 · Background

Who The Schmidt Family Foundation is.

Historical Background
The Schmidt Family Foundation was established in 2006 by Eric and Wendy Schmidt. The foundation was created to address issues related to sustainability and the responsible use of natural resources, aiming to restore a balanced relationship between people and the planet.
Source of Capital
The foundation's capital is derived from the personal wealth of its founders, Eric Schmidt, the former executive chairman of Google, and his wife, Wendy Schmidt. It operates as a private foundation.
Allocation Strategy
The foundation employs a dual approach of grantmaking and investments to achieve its objectives. Geographically, the foundation partners with communities globally. Its sector focus includes renewable energy, resilient food systems, healthy oceans, and the protection of human rights. Grant amounts can range from $5,000 to $5 million, with a focus on supporting scientific, computational, and conservation research.
02 · Fund commitments

The funds The Schmidt Family Foundation backs.

The Schmidt Family Foundation is a limited partner in 23 funds. 8 of them place in the Power Law Investor Ranking; those lead, best-ranked first.

03 · Allocation

How The Schmidt Family Foundation’s fund book is spread.

The 23 funds The Schmidt Family Foundation backs, by where the manager is headquartered and how many funds that manager has raised.

Where those managers are based

By fund headquarters.

  • North America 2296%
  • Rest of world 14%

United States 22 · Ghana 1

How established those managers are

Managers grouped by how many funds they have raised — across the 16 of 23 with a fund history on record.

Emerging funds · 5
Established funds · 11
5 1
2
3
3 4
1 5-6
1 7-9
2 10-14
4 15+
Funds raised by the manager
04 · Direct investments

The companies The Schmidt Family Foundation backs directly.

The Schmidt Family Foundation holds 4 companies directly, separate from the funds it commits to as a limited partner.

Saildrone
Robotics · USA
$500M valuation
Mati
Food · USA
Novoloop
Energy · USA
$84M valuation
Enduring Planet
Fintech · USA
$9.6M valuation