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THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION
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THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION
Palo Alto, CA, US
•
501(c)3
•
EIN
46-3460261
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION
Sign up to claim this org
Palo Alto, CA, US
•
501(c)3
•
EIN
46-3460261
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$406,766,399
Contributions
63%
Other
34%
Investments
4%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$313,041,582
Grants
73%
Salaries & Benefits
10%
Fees to Service Providers
9%
Other
8%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$233,657,535
$255,301,007
+9%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$8,377,076
$14,425,862
+72%
Other
$115,849,330
$137,039,530
+18%
Total Revenues
$357,883,941
$406,766,399
+14%
Expenses
2023
2024
Change
Grants
$301,970,372
$228,709,012
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,178,634
$30,611,066
+201%
Fees to Service Providers
$29,715,197
$27,407,830
-8%
Advertising & Promotion
$74,289
$84,362
+14%
Offices, Occupancy & IT
$359,632
$1,480,601
+312%
Interest
$611,472
$0
-100%
Depreciation
$30,192
$9,234
-69%
Other
$31,713,087
$24,739,477
-22%
Total Expenses
$374,652,875
$313,041,582
-16%
Net income
2023
2024
Change
Net income
-$16,768,934
+$93,724,817
-659%
Income Statement
