Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE ERIC AND WENDY SCHMIDT FUND FOR
STRATEGIC INNOVATION
Number and street (or P.O. box number if mail is not delivered to street address)555 BRYANT ST NO 374
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALO ALTO, CA94301
A Employer identification number

46-3460261
B Telephone number (see instructions)

(650) 461-8088
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$448,140,869J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 25,578,854
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,522,735 6,155,046  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,288,443
b Gross sales price for all assets on line 6a 45,035,682
7 Capital gain net income (from Part IV, line 2)... 10,261,679
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 7,157 229,071  
12 Total. Add lines 1 through 11........ 37,397,189 16,645,796  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 47,043 0   47,043
14 Other employee salaries and wages...... 569,358 0   587,340
15 Pension plans, employee benefits....... 101,523 0   101,523
16a Legal fees (attach schedule)......... Click to see attachment 97,196 0   126,043
b Accounting fees (attach schedule)....... Click to see attachment 70,483 0   70,483
c Other professional fees (attach schedule).... Click to see attachment 3,606,124 1,074,988   1,940,701
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 157,180 50,061   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 408,216 0   298,322
22 Printing and publications.......... 217 0   203
23 Other expenses (attach schedule)....... Click to see attachment 51,003 1,057,466   68,628
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,108,343 2,182,515   3,240,286
25 Contributions, gifts, grants paid....... 23,716,484 26,888,209
26 Total expenses and disbursements. Add lines 24 and 25 28,824,827 2,182,515   30,128,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,572,362
b Net investment income (if negative, enter -0-) 14,463,281
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 758,251 4,488,087 4,488,087
2 Savings and temporary cash investments......... 5,678,050 8,312,424 8,312,424
3 Accounts receivable bullet540
Less: allowance for doubtful accounts bullet     540 540
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 39,467 75,065 75,065
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 332,379,304 Click to see attachment309,334,921 309,334,921
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 126,641,171 Click to see attachment125,720,756 125,720,756
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment928,800 Click to see attachment209,076 Click to see attachment209,076
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 466,425,043 448,140,869 448,140,869
Liabilities 17 Accounts payable and accrued expenses.......... 233,949 896,106
18 Grants payable................. 8,626,914 4,705,189
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,120,146 Click to see attachment2,718,548
23 Total liabilities (add lines 17 through 22)......... 11,981,009 8,319,843
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 454,444,034 439,821,026
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 454,444,034 439,821,026
31 Total liabilities and net assets/fund balances (see instructions). 466,425,043 448,140,869
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
454,444,034
2
Enter amount from Part I, line 27a .....................
2
8,572,362
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
463,016,396
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
23,195,370
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
439,821,026
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b EQUITY PARTNERSHIP INVESTMENTS P    
c WORTHLESS INVESTMENT IN OTHERLAB INC MRI P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 45,035,682   37,597,239 7,438,443
b 2,973,236     2,973,236
c     150,000 -150,000
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       7,438,443
b       2,973,236
c       -150,000
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 10,261,679
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 17,031,126 334,299,302 0.050946
2016 16,063,893 299,465,905 0.053642
2015 13,496,553 311,857,016 0.043278
2014 721,039 322,649,876 0.002235
2013 0 237,077,901 0.000000
2
Total of line 1, column (d) .....................
2
0.150101
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.030020
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
453,452,711
5
Multiply line 4 by line 3......................
5
13,612,650
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
144,633
7
Add lines 5 and 6........................
7
13,757,283
8
Enter qualifying distributions from Part XII, line 4,.............
8
30,128,495
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 144,633
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 144,633
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 144,633
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 424,751
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 200,259
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 625,010
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 480,377
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet480,377 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMANDY QUACH Telephone no.bullet (650) 461-8088

    Located atbullet555 BRYANT STREET 374PALO ALTOCA ZIP+4bullet94301
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ERIC SCHMIDT PRESIDENT & DIRECTOR
    1.00     		0 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    WENDY SCHMIDT DIRECTOR
    1.00     		0 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    KENNETH GOLDMAN CHIEF FINANCIAL OFFICER
    0.30     		0 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    MANDY QUACH ACTING TREASURER (FROM 12/2018)
    0.10     		1,752 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    SUZIN I BROCKETT ACTING SECRETARY (FROM 12/2018)
    0.10     		0 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    BRETT D DAVENPORT SECRETARY (THRU 12/2018)
    0.10     		36,879 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    JEANNE W HUEY ACTING TREASURER (THRU 12/2018)
    0.10     		8,412 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    THOMAS KALIL CHIEF INNOVATION OFF
    40.00     		283,250 28,312 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    CASSANDRA CROCKETT MANAGER, STRATEGY &
    40.00     		146,000 13,269 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    DAVID VORHAUS PROGRAM MANAGER
    40.00     		112,500 16,188 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    FUTURES ACTION NETWORK LLC GRANT ADVISOR 1,296,166
    555 BRYANT ST 347
    PALO ALTO,CA94301
    HILLSPIRE LLC INVESTMENT ADVISOR 806,034
    555 BRYANT ST 347
    PALO ALTO,CA94301
    HILLSPIRE LLC PROFESSIONAL, LEGAL, IT & FINANCE/ACCOUNTING SERVICES 580,697
    555 BRYANT ST 347
    PALO ALTO,CA94301
    JENNIFER ANASTASOFF CONSULTING 195,000
    260 BERENDOS AVENUE
    PACIFICA,CA94044
    COPPERFIELD ADVISORY LLC CONSULTING 180,000
    118 EAST 25H STREET 8TH FLOOR
    NEW YORK,NY10010
    Total number of others receiving over $50,000 for professional services.............bullet4
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    317,831,898
    b
    Average of monthly cash balances.......................
    1b
    13,166,321
    c
    Fair market value of all other assets (see instructions)................
    1c
    129,359,863
    d
    Total (add lines 1a, b, and c).........................
    1d
    460,358,082
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    460,358,082
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    6,905,371
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    453,452,711
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    22,672,636
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    22,672,636
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    144,633
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    16,143
    c
    Add lines 2a and 2b............................
    2c
    160,776
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    22,511,860
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    64
    5
    Add lines 3 and 4............................
    5
    22,511,924
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    22,511,924
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    30,128,495
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    30,128,495
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    144,633
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    29,983,862
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 22,511,924
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 13,373,624
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 30,128,495
    a Applied to 2017, but not more than line 2a 13,373,624
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 16,754,871
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		5,757,053
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ERIC SCHMIDT
    WENDY SCHMIDT
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    APPLY ONLINE - SEE WEBSITE BELOW
    555 BRYANT STREET SUITE 374
    PALO ALTO,CA94301
    (650) 461-8088
    SPAP2019@EASYCHAIR.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    PLEASE SEE DETAILS AT HTTPS://SCHMIDTFUTURES.COM/OUR-WORK/ISRAELI-WOMENS-POSTDOCTORAL-AWARD/
    cAny submission deadlines:
    VARIES BY YEAR. CHECK WEBSITE FOR DEADLINES. HTTPS://SCHMIDTFUTURES.COM/OUR-WORK/ISRAELI-WOMENS-POS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICA ACHIEVES INC
    100 W 33RD ST SUITE 917 MAILBOX 900
    NEW YORK,NY10001     		  PC: 509(A)(1) OR (2) LEVEL UP AMERICA: PILOT SUPPORT 100,000
    AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCES
    1200 NEW YORK AVENUE NW
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) GRAND CHALLENGE PAPERS 500,000
    ARIZONA STATE UNIVERSITY FOUNDATION
    PO BOX 260
    TEMPE,AZ852802260     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 600,000
    BAY AREA HYBRID COLLEGE INITIATIVE
    1015 MACDONALD AVE
    RICHMOND,CA94801     		  PC: 509(A)(1) OR (2) LAUNCHING A "HYBRID COLLEGE" IN THE SF BAY AREA 50,000
    BEHAVIORAL IDEAS LAB INC DBA IDEAS42
    805 15TH STREET NW 11TH FLOOR
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) BEHAVIOR CHANGE AT SCALE POWERED BY TECHNOLOGY 400,000
    BIPARTISAN POLICY CENTER INC
    1225 I STREET NW STE 1000
    WASHINGTON,NC20005     		  PC: 509(A)(1) OR (2) EVIDENCE-BASED POLICYMAKING: ESTABLISHING A CULTURE OF EVIDENCE PROJECT 200,000
    CARNEGIE MELLON UNIVERSITY
    502 WARNER HALL 5000 FORBES AVENUE
    PITTSBURGH,PA15213     		  PC: 509(A)(1) OR (2) ACCELERATING LEARNING THROUGH JOINT POSTDOCS THAT SEED INDUSTRY-UNIVERSITY COLLABORATION PROJECT 499,840
    CENTER FOR AMERICAN ENTREPRENEURSHIP
    503 ARNON LAKE DR
    GREAT FALLS,WA22066     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 300,000
    CENTER ON RURAL INNOVATION INC
    2 QUECHEE ROAD PO BOX 392
    HARTLAND,VT05048     		  PC: 509(A)(1) OR (2) THE RURAL OPPORTUNITY MAP 100,000
    CITIZEN SCHOOLS INC
    308 CONGRESS STREET 5TH FLOOR
    BOSTON,MA02210     		  PC: 509(A)(1) OR (2) BUILDING A MAKEFORALL COALITION 250,000
    CODE FOR AMERICA LABS
    155 NINTH STREET
    SAN FRANCISCO,CA94103     		  PC: 509(A)(1) OR (2) CLEAR MY RECORD 100,000
    CODING IT FORWARD INC
    1201 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02138     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 150,000
    CRADLE TO CRADLE PRODUCTS INNOVATION INSTITUTE
    475 14TH STREET SUITE 290
    OAKLAND,CA94612     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 480,000
    DEMOCRACY WORKS INC
    20 JAY STREET SUITE 840
    BROOKLYN,NY11201     		  PC: 509(A)(1) OR (2) TECHNOLOGICAL INVESTMENTS IN TURBOVOTE 250,000
    DEMOCRACY WORKS INC
    20 JAY STREET SUITE 840
    BROOKLYN,NY11201     		  PC: 509(A)(1) OR (2) TURBOVOTE: IDEAS42 RESEARCH 50,000
    DEMOCRACY WORKS INC
    20 JAY STREET SUITE 840
    BROOKLYN,NY11201     		  PC: 509(A)(1) OR (2) DEMOCRACY WORKS 2018 TURBOVOTE HELPDESK EXPANSION 75,000
    DO SOMETHING INC
    19 WEST 21ST ST 8TH FLOOR
    NEW YORK,NY10010     		  PC: 509(A)(1) OR (2) ENGAGING AND SUPPORTING STUDENT ADVOCATES 150,000
    ELLEN MACARTHUR FOUNDATION
    THE SAIL LOFT MEDINA ROAD
    COWES,ISLE OF WIGHTPO31 7BX
    UK     		  PC: 509(A)(1) OR (2) A NEW PLASTICS ECONOMY INITIATIVE 447,443
    ELLEN MACARTHUR FOUNDATION
    THE SAIL LOFT MEDINA ROAD
    COWES,ISLE OF WIGHTPO31 7BX
    UK     		  PC: 509(A)(1) OR (2) NEW PLASTICS INITIATIVE ACCELERATOR PROGRAM 200,351
    GEORGE WASHINGTON UNIVERSITY
    2121 I STREET SUITE 601
    WASHINGTON,DC20052     		  PC: 509(A)(1) OR (2) CREATING A STATE-LOCAL WORKFORCE OPEN DATA INITIATIVE TO EMPOWER AMERICAN WORKERS 100,000
    GREATER COLORADO VENTURE FUND GP LLC
    77 HILLSIDE LANE
    TELLURIDE,CO81435     		  NC INCREASE ACCESS TO CAPITAL AMONG MINORITY AND RURAL ENTREPRENEURS 25,000
    HACKING FOR DEFENSE INCORPORATED
    410 SHERMAN AVE
    PALO ALTO,CA94306     		  PC: 509(A)(1) OR (2) HACKING FOR LOCAL - ENTREPRENEURIAL PROBLEM CURATION FOR CITIES 200,000
    HELIX NANOTECHNOLOGIES INC
    415 HUDSON STREET APT 3
    OAKLAND,CA94618     		  NC SCIENTIFIC RESEARCH TO ADVANCE IMMUNOTHERAPY CANCER RESEARCH WITH THE RESULTS OF THE RESEARCH, INCLUDING ANY PATENTS OR PROCESSES RESULTING FROM THE RESEARCH, BEING MADE PUBLICLY AVAILABLE. 388,000
    INSTITUTE FOR THE FUTURE
    201 HAMILTON AVENUE
    PALO ALTO,CA94301     		  PC: 509(A)(1) OR (2) ENTREPRENEURIAL TECHNOLOGY NETWORK EXPLORATION RESEARCH 180,000
    JOBS FOR THE FUTURE INC
    88 BROAD STREET
    BOSTON,MA02110     		  PC: 509(A)(1) OR (2) $1 BILLION WAGE GAIN CHALLENGE 295,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		  PC: 509(A)(1) OR (2) TAMING THE ELECTROCYTE FOR BIOTECH APPLICATIONS 250,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		  PC: 509(A)(1) OR (2) SEQUENCING INSIGHT 250,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		  PC: 509(A)(1) OR (2) CONNECTOME CODING AT THE SYNAPTIC SCALE 250,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES STREET
    BALTIMORE,MD21218     		  PC: 509(A)(1) OR (2) PHASE 2 OF A NATIONAL-SCALE DISTRIBUTED STORAGE SYSTEM FOR OPEN RESEARCH DATA 400,000
    KQED INC
    2601 MARIPOSA STREET
    SAN FRANCISCO,CA941101426     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 1,500,000
    LETS SAVE AMERICA FOUNDATION INC
    PO BOX 2869
    COEUR D ALENE,ID83814     		  PC: 509(A)(1) OR (2) INNOVATION COLLECTIVE PROJECT 51,021
    LUMINARY LABS LLC
    30 WEST 22ND STREET 6TH FLOOR
    NEW YORK,NY10013     		  NC TO DESIGN AND ADMINISTER AN INNOVATION CHALLENGE TO GENERATE IDEAS FOR LOW COST SCIENCE TOOLS SO AS TO MAKE SCIENTIFIC TOOLS AVAILABLE TO LOW-INCOME COMMUNITIES AND SCHOOLS. 350,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DRIVE W98-308
    CAMBRIDGE,MA02139     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT OF THE JEFF GORE LAB 275,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DRIVE W98-308
    CAMBRIDGE,MA02139     		  PC: 509(A)(1) OR (2) MIT OPEN LEARNING 220,000
    MONTEREY BAY AQUARIUM
    866 CANNERY ROW
    MONTEREY,CA93940     		  PC: 509(A)(1) OR (2) SEAFOOD WATCH PROGRAM 2,000,000
    NANTUCKET COTTAGE HOSPITAL
    57 PROSPECT STREET
    NANTUCKET,MA02554     		  PC: 509(A)(1) OR (2) CONSTRUCTION OF NEW HOSPITAL FACILITY 1,666,667
    NATIONAL ACADEMY OF SCIENCES
    500 FIFTH STREET NW ROOM 1055
    WASHINGTON,DC20001     		  PC: 509(A)(1) OR (2) ROUNDTABLE ON ALIGNING INVENTIVES FOR OPEN SCIENCE 75,000
    OHIO STATE UNIVERSITY FOUNDATION
    205 BRICKER HALL
    COLUMBUS,OH43210     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 600,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02138     		  PC: 509(A)(1) OR (2) THE ARCTIC INITIATIVE: SCIENCE, TECHNOLOGY, EDUCATION, AND POLICY INNOVATION FOR A SUSTAINABLE ARCTIC 495,151
    PROTECT DEMOCRACY PROJECT
    82 NASSAU ST 601
    NEW YORK,NY10038     		  PC: 509(A)(1) OR (2) VOTESHIELD 300,000
    RAND CORPORATION
    1776 MAIN STREET
    SANTA MONICA,CA904013297     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 210,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA AT RIVERSIDE
    245 UNIVERSITY OFFICE BUILDING
    RIVERSIDE,CA92521     		  PC: 509(A)(1) OR (2) MAKING, ENGINEERING, AND SCIENCE - INTEGRATING ENGINEERING/MAKING DESIGN PROCESSES INTO THE NGSS CLASSROOM 300,000
    SCIENCE DEBATE INC
    50 CLINTON AVE
    NYACK,NY10960     		  PC: 509(A)(1) OR (2) 2019 PRESIDENTIAL PRIMARY SCIENCE FORUM & 2018 CANDIDATE SCIENCE POLICY Q&A 125,000
    SERVICE YEAR EXCHANGE INC
    1400 I STREET NW SUITE 900
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) COMPUTER SCIENCE AND NATIONAL SERVICE PROJECT 100,000
    SERVICE YEAR EXCHANGE INC
    1400 I STREET NW SUITE 900
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) SERVICE + TECH NETWORK 250,000
    SHIFT7 LLC
    2329 CALIFORNIA ST NW
    WASHINGTON,DC20008     		  NC LEVERAGING DATA SCIENCE TO TRANSFORM STORYTELLING - REDUCING GENDER AND RACIAL BIAS IN MEDIA 330,000
    SOCIAL FINANCE INC
    10 MILK STREET SUITE 1010
    BOSTON,MA02108     		  PC: 509(A)(1) OR (2) A PROJECT TO REDUCE POVERTY WITH INCOME SHARING AGREEMENTS 333,333
    TEACHERS COLLEGE COLUMBIA UNIVERSITY
    525 W 120TH STREET BOX 54
    NEW YORK,NY10027     		  PC: 509(A)(1) OR (2) EVALUATING THE IMPACT OF CIGNITIONS FOGSTONE ISLE ON STUDENT MATHEMATICS LEARNING 100,000
    TECHNION - ISRAEL INSTITUTE OF TECHNOLOGY
    TECHNION CITY
    HAIFA   3200003
    IS     		  PC: 509(A)(1) OR (2) DEVELOPMENT OF A HUMAN STEM CELL MODEL FOR RESEARCH OF PROTEIN TURNOVER IN SPORADIC ALZHEIMERS DISEASE NEURONS 190,000
    TECHNION - ISRAEL INSTITUTE OF TECHNOLOGY
    TECHNION CITY
    HAIFA   3200003
    IS     		  PC: 509(A)(1) OR (2) MOLECULAR PROFILING BY MORPHOLOGICAL PHENOTYPING 124,000
    TECHNION - ISRAEL INSTITUTE OF TECHNOLOGY
    TECHNION CITY
    HAIFA   3200003
    IS     		  PC: 509(A)(1) OR (2) NOVEL APPROACHES FOR SCALABLE SPIN-BASED QUANTUM COMPUTING AND SENSING 186,000
    TEL AVIV UNIVERSITY
    RAMAT AVIV
    TEL AVIV   6997801
    IS     		  PC: 509(A)(1) OR (2) TEL AVIV BREAKTHROUGH INNOVATIVE RESEARCH 125,000
    TEL AVIV UNIVERSITY
    RAMAT AVIV
    TEL AVIV   6997801
    IS     		  PC: 509(A)(1) OR (2) GENETIC RECONSTRUCTION OF THE DEAD SEA SCROLLS 50,000
    THE UNIVERSITY OF WISCONSIN
    21 N PARK STREET SUITE 6401
    MADISON,WI53715     		  PC: 509(A)(1) OR (2) NEXTGEN FELLOWSHIP 398,777
    THE UNIVERSITY OF WISCONSIN
    161 BASCOM HALL
    MADISON,WI53706     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 600,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    326 GALVEZ STREET
    STANFORD,CA94305     		  PC: 509(A)(1) OR (2) SHARED PROSPERITY & INNOVATION 750,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    326 GALVEZ STREET
    STANFORD,CA94305     		  PC: 509(A)(1) OR (2) REFUGEEMATCH: A MACHINE LEARNING APPROACH TO IMPROVING REFUGEE OUTCOMES 265,000
    THE GRANTMAKERS OF WESTERN PENNSYLVANIA
    650 SMITHFIELD STREET SUITE 210
    PITTSBURGE,PA15222     		  PC: 509(A)(1) OR (2) REMAKE LEARNING DAYS ACROSS AMERICA 100,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO
    SCRIPPS INSTITUTION OF OCEANOGRAPHY
    9500 GILMAN DRIVE MC0210
    LA JOLLA,CA92093     		  PC: 509(A)(1) OR (2) SUPPORT SCRIPPS CO2 MONITORING PROGRAM 100,000
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
    UNIVERSITY OF CALIFORNIA SANTA
    BARBARA 3227 CHEADLE HALL 3RD FLOOR
    SANTA BARBARA,CA93106     		  PC: 509(A)(1) OR (2) SEQUENTIAL LEARNING TO DRIVE HIGH ENTROPY ALLOY DISCOVERY 454,300
    THE RHODES TRUST
    SOUTH PARKS ROAD
    OXFORD   OX1 3RG
    UK     		  PC: 509(A)(1) OR (2) SCHMIDT SCIENCE FELLOWSHIP PROGRAM ADMINISTRATION 2,762,159
    THE RHODES TRUST
    SOUTH PARKS ROAD
    OXFORD   OX1 3RG
    UK     		NONE I - INDIVIDUAL AWARDS EARMARKED TO 14 INDIVIDUALS IN THE SCHMIDT SCIENCE FELLOWSHIP PROGRAM 746,662
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK
    622 WEST 113TH STREET
    NEW YORK,NY10025     		  PC: 509(A)(1) OR (2) INTERDISCIPLINARY COMPUTATIONAL FELLOWSHIP PROGRAM AT THE COLUMBIA JOURNALISM SCHOOL 500,005
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK
    622 WEST 113TH STREET
    NEW YORK,NY10025     		  PC: 509(A)(1) OR (2) DATA FOR GOOD: RESEARCH PROJECTS & DATA COLLABORATIVES 500,000
    TIDES CENTER
    1014 TORNEY AVENUE
    SAN FRANCISCO,CA94129     		  PC: 509(A)(1) OR (2) UNIVERSITY INNOVATION PROJECT 330,000
    TRANSCEND INC
    159 LINCOLN AVENUE
    HASTINGSONHUDSON,NY107062012     		  PC: 509(A)(1) OR (2) TRANSCEND R&D PARTNERSHIP WITH THE BROOKLYN STEAM CENTER 250,000
    US CHAMBER OF COMMERCE FOUNDATION
    1615 H STREET NW
    WASHINGTON,DC20062     		  PC: 509(A)(1) OR (2) CLEARER SIGNALS: PILOTING A JOB REGISTRY TO IMPROVE EDUCATION & CAREER PATHWAYS 150,000
    UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION
    1995 UNIVERSITY AVENUE SUITE 401
    BERKELEY,CA947041058     		  PC: 509(A)(1) OR (2) BUILDING A DATA COLLABORATIVE PIPELINE AT UC BERKELEY 250,000
    UNIVERSITY OF CAMBRIDGE
    THE OLD SCHOOLS TRINITY LANE
    CAMBRIDGE   CB2 1TS
    UK     		  PC: 509(A)(1) OR (2) EXTREME RISKS FROM CHRONIC DISEASE THREATS (CSER) 125,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84112     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 600,000
    UPSOLVE INC
    150 COURT STREET 2ND FLOOR
    BROOKLYN,NY11201     		  PC: 509(A)(1) OR (2) GENERAL SUPPORT 50,000
    BATYA KENIG
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    DANA SILVERBUSH
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    MICHAL YEMINI
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    MIRA SHALAH
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    MOR VERED
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    MOR NITZAN
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    NOA ZYCHLINSKI
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    NOFAR HEMED
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  I - INDIVIDUAL FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    SARAH KEREN
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		  PC: 509(A)(1) OR (2) FELLOWSHIPS - ISRAELI POST DOC AWARDS 50,000
    CORNELL UNIVERSITY
    111 8TH AVENUE SUITE 302
    NEW YORK,NY10011     		  PC: 509(A)(1) OR (2) SPONSORSHIP 12,000
    THE FORESIGHT INSTITUTE
    PO BOX 61058
    PALO ALTO,CA94306     		  PC: 509(A)(1) OR (2) SPONSORSHIP 10,000
    MATHEMATICAL SCIENCES RESEARCH INSTITUTE
    17 GAUSS WAY
    BERKELEY,CA94720     		  PC: 509(A)(1) OR (2) SPONSORSHIP 125,000
    HYPOTHESIS PROJECT
    2261 MARKET STREET 632
    SAN FRANCISCO,CA94114     		  PC: 509(A)(1) OR (2) SPONSORSHIP 20,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    326 GALVEZ STREET
    STANFORD,CA94305     		  PC: 509(A)(1) OR (2) SPONSORSHIP 25,000
    UNITED NATIONS FOUNDATION
    1750 PENNSYLVANIA AVE NW SUITE 300
    WASHINGTON,DC20006     		  PC: 509(A)(1) OR (2) SPONSORSHIP 10,000
    ASSOCIATION FOR COMPUTING MACHINERY INC
    2 PENN PLAZA SUITE 701
    NEW YORK,NY10121     		  PC: 509(A)(1) OR (2) SPONSORSHIP 20,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW SUITE 300
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) SPONSORSHIP 75,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DRIVE W98-308
    CAMBRIDGE,MA02139     		  PC: 509(A)(1) OR (2) SPONSORSHIP 12,500
    CLIMATE CENTRAL INC
    ONE PALMER SQUARE SUITE 330
    PRINCETON,NJ08542     		  PC: 509(A)(1) OR (2) BRIDGE LOAN FOR CLIMATE CENTRAL'S OPERATIONAL NEEDS TO CARRY OUT ITS CHARITABLE PURPOSES. 750,000
    CLIMATE CENTRAL INC
    ONE PALMER SQUARE SUITE 330
    PRINCETON,NJ08542     		  PC: 509(A)(1) OR (2) BRIDGE LOAN FOR CLIMATE CENTRAL'S OPERATIONAL NEEDS TO CARRY OUT ITS CHARITABLE PURPOSES. 2017 PROGRAM RELATED INVESTMENT CONVERTED TO GRANT IN 2018. -750,000
    Total .................................bullet 3a 26,888,209
    bApproved for future payment
    ARIZONA STATE UNIVERSITY FOUNDATION
    PO BOX 260
    TEMPE,AZ852802260     		  GOV ALLIANCE FOR THE AMERICAN DREAM 150,000
    GREATER COLORADO VENTURE FUND GP LLC
    77 HILLSIDE LANE
    TELLURIDE,CO81435     		  NC INCREASE ACCESS TO CAPITAL AMONG MINORITY AND RURAL ENTREPRENEURS 125,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DRIVE W98-308
    CAMBRIDGE,MA02139     		  PC: 509(A)(1) OR (2) MIT OPEN LEARNING 220,000
    OHIO STATE UNIVERSITY FOUNDATION
    205 BRICKER HALL
    COLUMBUS,OH43210     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 150,000
    SERVICE YEAR EXCHANGE INC
    1400 I STREET NW SUITE 900
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) SERVICE + TECH NETWORK 200,000
    THE UNIVERSITY OF WISCONSIN
    161 BASCOM HALL
    MADISON,WI53706     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 150,000
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
    UNIVERSITY OF CALIFORNIA SANTA
    BARBARA 3227 CHEADLE HALL 3RD FLOOR
    SANTA BARBARA,CA93106     		  PC: 509(A)(1) OR (2) SEQUENTIAL LEARNING TO DRIVE HIGH ENTROPY ALLOY DISCOVERY 462,000
    UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION
    1995 UNIVERSITY AVENUE SUITE 401
    BERKELEY,CA947041058     		  PC: 509(A)(1) OR (2) BUILDING A DATA COLLABORATIVE PIPELINE AT UC BERKELEY 250,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84112     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM 150,000
    Total .................................bullet 3b 1,857,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 4,522,735  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 7,288,443  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    01 7,093  
    bRETURNED GRANTS         64
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 11,818,271 64
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,818,335
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11B PREVIOUSLY DISTRIBUTED GRANTS RETURNED TO THE FOUNDATION
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE ERIC AND WENDY SCHMIDT FUND FOR
    STRATEGIC INNOVATION
    Employer identification number

    46-3460261
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE ERIC AND WENDY SCHMIDT FUND FOR
    STRATEGIC INNOVATION         		Employer identification number
    46-3460261
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SCHMIDT INVESTMENT LP FUND I
     
    555 BRYANT ST 374
     
    PALO ALTO, CA94301

    		$ 3,956,883


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    SCHMIDT INVESTMENT LP FUND I
     
    555 BRYANT ST 374
     
    PALO ALTO, CA94301

    		$ 3,919,529


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ERIC AND WENDY SCHMIDT  
    555 BRYANT ST 374
     
    PALO ALTO, CA94301

    		$ 17,702,441


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE ERIC AND WENDY SCHMIDT FUND FOR
    STRATEGIC INNOVATION         		Employer identification number

    46-3460261
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 MARKETABLE SECURITIES $ 3,956,883 2018-12-27
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MARKETABLE SECURITIES $ 3,919,529 2018-12-27
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MARKETABLE SECURITIES $ 17,702,441 2018-12-27
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE ERIC AND WENDY SCHMIDT FUND FOR
    STRATEGIC INNOVATION         		Employer identification number

    46-3460261
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 70,483 0   70,483

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    TREAU INC (EQUITY PRI)
          		3101 20TH ST
    SAN FRANCISCO,CA94110     		2017-08-16 150,000 $150,000 WAS FULLY DEPLOYED TO FURTHER THE INVESTOR'S CHARITABLE AND EXEMPT PURPOSES RELATED TO COMBATTING ENVIRONMENTAL DETERIORATION BY SUPPORTING CLEAN ENERGY TECHNOLOGY AND SOLUTIONS. SPECIFICALLY, THE INVESTMENT WILL SUPPORT A HEATING, VENTILATION, AIR CONDITIONING, AND REFRIGERATION (""HVAC&R"") SYSTEM THAT IS APPROXIMATELY 50% MORE ENERGY EFFICIENT THAN CONVENTIONAL HVAC&R SYSTEMS IN FURTHERANCE OF INVESTOR'S CHARITABLE PURPOSES AND IN FURTHERANCE OF THE PUBLIC PURPOSES OF THE UNITED STATES GOVERNMENT DEPARTMENT OF ENERGY'S ENERGY EFFICIENCY AND RENEWABLE ENERGY PROGRAM.   TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/30/2018, 3/25/2019    
    GREATER COLORADO VENTURE FUND GP LLC
          		77 HILLSIDE LANE
    TELLURIDE,CO81435     		2018-10-01 150,000 INCREASE ACCESS TO CAPITAL AMONG MINORITY AND RURAL ENTREPRENEURS 25,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/28/2019    
    HELIX NANOTECHNOLOGIES INC
          		415 HUDSON STREET APT 3
    OAKLAND,CA94618     		2018-11-05 388,000 SCIENTIFIC RESEARCH TO ADVANCE IMMUNOTHERAPY CANCER RESEARCH WITH THE RESULTS OF THE RESEARCH, INCLUDING ANY PATENTS OR PROCESSES RESULTING FROM THE RESEARCH, BEING MADE PUBLICLY AVAILABLE. 0 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 9/5/2019    
    LUMINARY LABS LLC
          		30 WEST 22ND STREET 6TH FLOOR
    NEW YORK,NY10013     		2018-10-10 350,000 TO DESIGN AND ADMINISTER AN INNOVATION CHALLENGE TO GENERATE IDEAS FOR LOW COST SCIENCE TOOLS SO AS TO MAKE SCIENTIFIC TOOLS AVAILABLE TO LOW-INCOME COMMUNITIES AND SCHOOLS. 162,089 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/15/2019    
    SHIFT7 LLC
          		2329 CALIFORNIA ST NW
    WASHINGTON,DC20008     		2018-07-01 330,000 LEVERAGING DATA SCIENCE TO TRANSFORM STORYTELLING - REDUCING GENDER AND RACIAL BIAS IN MEDIA 314,534 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/30/2019    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Name of Stock End of Year Book Value End of Year Fair Market Value
    108,905 SHS ISHARES TIPS BOND ETF 11,926,189 11,926,189
    524,766 SHS ISHARES CORE U.S. AGGREGATE BOND ETF 55,882,387 55,882,387
    1,335,259 SHS ISHARES TR MSCI ACWI ETF 85,670,222 85,670,222
    2,384 SHS VANGUARD REAL ESTATE ETF 177,757 177,757
    531,105 SHS INVESCO DB COMMDY INDX TRCK FD UNIT 7,695,711 7,695,711
    46,647 SHS ALPHABET INC CAP STK CL C 48,308,100 48,308,100
    95,386 SHS ALPHABET INC CAP STK CL A 99,674,555 99,674,555

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PARVUS EUROPEAN OPPORTUNITIES FUND FMV 8,039,197 8,039,197
    TIGER GLOBAL LONG OPPORTUNITIES, LTD FMV 11,591,368 11,591,368
    BIL LTD FMV 9,669,362 9,669,362
    LONE CASCADE, LP FMV 24,191,898 24,191,898
    VIKING LONG FUND, LP FMV 24,262,483 24,262,483
    TIGER GLOBAL PIP X, LP FMV 7,266,927 7,266,927
    BERKSHIRE FUND IX, LP FMV 1,945,868 1,945,868
    DYNAMO FUND FMV 4,687,975 4,687,975
    GENERAL ATLANTIC - 2016 FMV 6,092,613 6,092,613
    HCIF OFFSHORE, LP FMV 10,022,145 10,022,145
    SYSTIMA SCR3 DEBT OPPORTUNITY FUND, LLC FMV 7,095,080 7,095,080
    HENGISTBURY FUND, LTD FMV 7,942,312 7,942,312
    TIGER GLOBAL PIP XI, LP FMV 1,856,022 1,856,022
    WESTBRIDGE CROSSOVER FUND LLC FMV 960,329 960,329
    GAXL (SIF), LTD FMV 97,177 97,177

    TY 2018 LegalFeesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 97,196 0   126,043


    TY 2018 OtherAssetsSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST AND DIVIDEND RECEIVABLE 28,800 59,076 59,076
    PROGRAM RELATED INVESTMENTS 900,000 150,000 150,000


    TY 2018 OtherDecreasesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 23,185,765
    GAXL INVESTMENT 9,605


    TY 2018 OtherExpensesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 2,846 0   2,817
    DUES AND SUBSCRIPTIONS 21,183 0   33,927
    LICENSES & FEES 729 0   881
    BANK FEES 336 336   0
    TELEPHONE & INTERNET 1,147 0   1,147
    EQUIPMENT & SOFTWARE 16,375 0   20,900
    EMPLOYEE EXPENSES 3,225 0   3,225
    POSTAGE 204 0   204
    DEDUCTIONS FROM PARTNERSHIP INVESTMENTS 0 1,057,130   0
    SUPPLIES 394 0   394
    INSURANCE 4,564 0   5,133


    TY 2018 OtherIncomeSchedule2
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME/LOSS FROM PARTNERSHIP INVESTMENTS   248,239  
    SUBPART F INCOME   -19,168  
    OTHER INCOME 7,093   7,093
    RETURNED GRANTS 64   64


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE AND INCOME TAX PAYABLE 379,146 0
    DEFERRED FEDERAL EXCISE TAX LIABILITY 2,741,000 2,705,000
    DUE TO RELATED PARTY 0 13,548


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 1,074,988 1,074,988   0
    CONSULTING FEES 664,278 0   0
    MANAGEMENT FEES 1,866,858 0   1,940,701


    TY 2018 TaxesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 140,103 0   0
    FOREIGN TAXES 0 50,061   0
    UBI TAXES 9,597 0   0
    STATE UBI TAXES 7,480 0   0


    TY 2018 TransfersToControlledEntities
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Name US /
    Foreign Address    		 EIN Description Amount
    GAXL (SIF) LTD CLARENDON HOUSE 2 CHURCH ST
    HAMILTON HM    
    BD     		000000000 PAYMENT OF EXPENSES ON BEHALF OF THE ORGANIZATION: $17,800. TRANSFER INTEREST: $104,786 122,586
    Total     122,586