The Schmidt Family Foundation logo

The Schmidt Family Foundation

PALO ALTO, CA EIN: 20-4170342 Website

The Schmidt Family Foundation is a private charitable foundation established in 2006 by Eric Schmidt and Wendy Schmidt. Based in Palo Alto, California, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to advancing the wiser use of energy and natural resources while supporting efforts that empower communities to build resilient systems for food, water, and human resources.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0B

+8.5% YoY

Annual Giving

$185.4M

+34.8% YoY

Grant Count

695

+27.3% YoY

Avg Grant Size

$267K

+5.9% YoY

Under IRS private-foundation payout rules, The Schmidt Family Foundation reported a distributable amount of $95.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is committed to offering programs that enrich the community, help people, and promote excellence. It seeks to be responsive to programs that nurture and strengthen communities.

Primary funding areas include:

  • Environmental preservation and education
  • Renewable energy
  • Sustainable food and agriculture
  • Climate change education and awareness
  • Human rights
  • Marine technology
  • Community development
  • Education
  • Medical initiatives
  • Human welfare

The foundation maintains several program initiatives including the 11th Hour Project, which funds events and activities related to climate change, renewable energy, sustainable agriculture, human rights, and marine technology. The foundation also sponsors community events through Remain Nantucket with social, climate, and environmental sustainability messages.

Grantmaking

The foundation does not restrict grantmaking to preselected organizations only and appears open to applications.

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations primarily in California, New York, and the District of Columbia, with international grantmaking activity as well.

Grant Distribution by State

51states
+43 more states

Cities

AbiquiuAieaAlbanyAlbuquerqueAlexandriaAmesAmherstAnaholaAnchorageAnnandaleonhudsonAnnapolisAnthonyAptosArcataArlingtonAshevilleAshlandAspenAthensAtlanta

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total Assets: $1,990,498,177
  • Total Revenue: $104,000,000
  • Total Expenses: $228,000,000

Assets & Revenue (2023):

  • Total Assets: $1,834,552,574
  • Total Revenue: $116,291,888
  • Total Expenses: $168,451,929

Staffing: The foundation employs 36 staff members and is likely staffed with dedicated paid professionals.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$63M$125M$188M$251M20202021202220232024
Metric202420232022
Total Assets$1,990,498,177$1,834,552,574$1,589,082,861
Revenue$103,699,636$116,291,888$104,956,426
Expenses$227,730,180$168,451,929$144,654,900
Qualifying Distributions$209,140,998$164,231,009$135,979,021
Net Investment Income$126,053,240$191,857,962$132,541,346
Distributable Amount$95,127,396$86,147,286$87,965,985

Giving Over Time

Total grant dollars and number of grants per year

$0$46M$93M$139M$185M378 grants2020367 grants2021629 grants2022546 grants2023695 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

APPAREL IMPACT INSTITUTE$2.0MAMALGAMATED CHARITABLE F…$1.4MAMERICAN INDEPENDENT FOU…$1.0MAMERICAN JEWISH WORLD SE…$785KALLIANCE FOR FOOD SOVERE…$770KADVOCATES FOR COMMUNITY …$650K350ORG$625KALLIANCE FOR A JUST SOCI…$600KADAS CAFE$400KASIAN PACIFIC ENVIRONMEN…$375K

Grant Size Distribution

250 grants across all recorded years

35<$50K43$50–100K114$100–250K34$250–500K13$500K–1M10$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Apparel Impact Institute ($2,000,000), Amalgamated Charitable Foundation Inc ($1,433,928), American Independent Foundation ($1,000,000).

RecipientPurposeAmount
10000 DEGREES SAN RAFAEL, CAFOSTERING YOUTH DEVELOPMENT AND LEADERSHIP$12,000
350ORG BOSTON, MAPROTECTING HUMAN RIGHTS IN AFRICA$625,000
350VERMONT BURLINGTON, VTENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS$300,000
7G FOUNDATION PAUMA VALLEY, CAENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS$40,000
A GREENER WORLD TERREBONNE, ORWORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM$100,000
A GROWING CULTURE INC ASHEVILLE, NCADVANCING SUSTAINABLE AGRICULTURE IN AFRICA$80,000
ABALOBI ICT4FISHERIES OCEAN STEWARDSHIP AND RESEARCH$300,000
ACKNOW COMMUNITY INITIATIVES INC NANTUCKET, MANANTUCKET: ENCOURAGING RESILIENCE AND INNOVATION$100,000
ACTERRA ACTION FOR A HEALTHY PLANET PALO ALTO, CALOCAL COMMUNITY SUPPORT IN CALIFORNIA$20,000
ACTIVATE GLOBAL INC BERKELEY, CACAPACITY BUILDING, CENTERING UNREPRESENTED VOICES IN THE ENVIRONMENTAL MOVEMENT$322,024

Leadership & Key People

Leadership team and compensation from IRS filings

  • Wendy Schmidt – President/Director
  • Eric Schmidt – Director
  • Sophie Schmidt – Director
  • Amy Rao – Director
  • Maria Seferian – General Counsel/Director
  • Joseph Sciortino – Executive Director/Director
  • Frances Babb – Secretary (position listed in filings)

Compensation Overview

From 2024 IRS filing

JOSEPH SCIORTINOEXECUTIVE DIRECTOR/DIRECTOR$530K

From 2024 filing

NameTitleHoursCompensation
WENDY SCHMIDTPRESIDENT/DIRECTOR20
ERIC SCHMIDTDIRECTOR0.5
SOPHIE SCHMIDTDIRECTOR0.25
AMY RAODIRECTOR5
MARIA SEFERIANGENERAL COUNSEL/DIRECTOR2
JOSEPH SCIORTINOEXECUTIVE DIRECTOR/DIRECTOR40$530,010
FRANCES BABBSECRETARY0.5
JEANNE HUEYCHIEF FINANCIAL OFFICER10

Recent News & Activity

Recent developments and announcements

The foundation has announced several recent initiatives:

The 11th Hour Project announced a new Indigenous Communities Program

The Schmidt Family Foundation\u2019s 11th Hour Project Announces New Indigenous\

The foundation awarded $3.5 million through Schmidt Marine Technology Partners for the Global Sustainable Fisheries Initiative

The Dressage Foundation Announces New Schmidt Family L Education Program

The Dressage Foundation announced a new Schmidt Family Education Program Fund

The Dressage Foundation Announces New Schmidt Family L Education Program

The foundation maintains affiliations with Schmidt Sciences, Schmidt Ocean Institute, 11th Hour Racing, and Remain initiatives, reflecting its broad commitment to sustainability and community development across multiple sectors.

The Dressage Foundation Announces New Schmidt Family L Education Program

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Schmidt Family Foundation fund?

The foundation is committed to offering programs that enrich the community, help people, and promote excellence. It seeks to be responsive to programs that nurture and strengthen communities. Primary funding areas include: • Environmental preservation and education • Renewable energy • Sustainable food and agriculture • Climate change education and awareness • Human rights • Marine technology • Community development • Education • Medical initiatives • Human welfare The foundation maintains seve…

How do I apply for a grant from The Schmidt Family Foundation?

**Grant Range & Activity:** • Typical grant awards range from $400 to $8,480,000 • Median grant amount: $130,000 • The foundation made 695 grants in its most recent filing period • Total giving: $185,125,970 **Recent Grants (2023):** • Human Rights Watch: $8,480,000 (Protecting Human Rights in Africa, Capacity Building for Partners) • Ellen Macarthur Foundation USA: $5,000,000 (Advancing Sustainable Materials) • RSF Social Finance: $3,881,900 (Protecting Human Rights in Africa) **Application St…

Where does The Schmidt Family Foundation make grants?

The foundation supports organizations primarily in California, New York, and the District of Columbia, with international grantmaking activity as well.

What size grants does The Schmidt Family Foundation award?

In 2024, The Schmidt Family Foundation awarded 695 grants totaling $185.4M — an average of about $267K per grant, based on its IRS Form 990 filings.

How much is The Schmidt Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Schmidt Family Foundation reported a distributable amount of $95.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Schmidt Family Foundation's EIN?

The Schmidt Family Foundation's EIN (Employer Identification Number) is 20-4170342. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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