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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
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 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$1,715,568,763J 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) 359,463,607
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,755,180 6,166,608  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 47,936,723
b Gross sales price for all assets on line 6a 168,955,707
7 Capital gain net income (from Part IV, line 2)... 90,251,239
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 5,897 361,504  
12 Total. Add lines 1 through 11........ 412,161,407 96,779,351  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 999,144 0   999,144
14 Other employee salaries and wages...... 1,326,603 0   1,242,868
15 Pension plans, employee benefits....... 281,515 0   278,855
16a Legal fees (attach schedule)......... Click to see attachment 158,493 0   163,128
b Accounting fees (attach schedule)....... Click to see attachment 89,903 29,794   54,822
c Other professional fees (attach schedule).... Click to see attachment 11,091,392 1,865,613   6,351,121
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,471,896 250,362   0
19 Depreciation (attach schedule) and depletion... 2,168 0  
20 Occupancy.............. 163,233 0   213,367
21 Travel, conferences, and meetings....... 183,515 0   22,068
22 Printing and publications.......... 16,705 0   16,478
23 Other expenses (attach schedule)....... Click to see attachment 17,142,399 2,382,976   15,207,753
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,926,966 4,528,745   24,549,604
25 Contributions, gifts, grants paid....... 36,335,916 35,697,623
26 Total expenses and disbursements. Add lines 24 and 25 78,262,882 4,528,745   60,247,227
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 333,898,525
b Net investment income (if negative, enter -0-) 92,250,606
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 5,867,817 8,616,355 8,616,355
2 Savings and temporary cash investments......... 5,906,033 85,018,150 85,018,150
3 Accounts receivable bullet111
Less: allowance for doubtful accounts bullet   20,160 111 111
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.......... 1,395,916 1,661,620 1,661,620
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 760,503,128 Click to see attachment1,288,562,858 1,288,562,858
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).......... 278,511,173 Click to see attachment327,082,256 327,082,256
14 Land, buildings, and equipment: basis bullet286,188
Less: accumulated depreciation (attach schedule) bullet2,168 0 284,020 284,020
15 Other assets (describe bullet) Click to see attachment3,472,013 Click to see attachment4,343,393 Click to see attachment4,343,393
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,055,676,240 1,715,568,763 1,715,568,763
Liabilities 17 Accounts payable and accrued expenses.......... 1,072,621 4,812,998
18 Grants payable................. 2,826,083 3,464,376
19 Deferred revenue.................   93,167
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 attachment8,145,654 Click to see attachment18,081,550
23 Total liabilities (add lines 17 through 22)......... 12,044,358 26,452,091
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,043,631,882 1,688,116,672
25 Net assets with donor restrictions............   1,000,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,043,631,882 1,689,116,672
30 Total liabilities and net assets/fund balances (see instructions). 1,055,676,240 1,715,568,763
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,043,631,882
2
Enter amount from Part I, line 27a .....................
2
333,898,525
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
312,361,633
4
Add lines 1, 2, and 3 ..........................
4
1,689,892,040
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
775,368
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,689,116,672
Form 990-PF (2021)
Form 990-PF (2021)
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   2020-01-01 2021-12-31
b PUBLICLY TRADED SECURITIES   2020-01-01 2021-12-31
c EQUITY PARTNERSHIP INVESTMENTS P 2020-01-01 2021-12-31
d SALE OF INVESCO PTP UNITS   2014-01-01 2021-12-31
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 131,210,894   102,590,559 28,620,335
b 37,744,813   4,919,340 32,825,473
c 31,907,611     31,907,611
d 9,196,962   12,299,142 -3,102,180
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       28,620,335
b       32,825,473
c       31,907,611
d       -3,102,180
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 90,251,239
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 1,282,283
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 1,282,283
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 382,153
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,600,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,982,153
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 10 699,870
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet699,870 RefundedBullet 11 0
Part VI-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 the instructions
for the 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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 list of attachments.............
    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 atbullet1010 ALMA STMENLO PARKCA ZIP+4bullet94025
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    3b
     
    No
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    ERIC BRAVERMAN DIRECTOR
    40.00     		580,800 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    YLL BAJRAKTARI CHIEF EXECUTIVE OFFICER - SSCSP
    40.00     		176,125 934 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    ADAM MARBLESTONE CHIEF EXECUTIVE OFFICER - CRLLC
    32.00     		50,909 9,040 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    ANASTASIA K GAMICK CHIEF OPERATING OFFICER - CRLLC
    40.00     		66,667 4,700 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    KENNETH GOLDMAN CHIEF FINANCIAL OFFICER
    0.20     		0 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    MANDY QUACH TREASURER
    2.70     		41,700 0 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    FRANCES BABB SECRETARY
    7.30     		82,943 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
    MICHAEL GABLE VICE PRESIDENT
    40.00     		160,966 13,238 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    TODD HUFFMAN HEAD, NEUROSCIENCE I
    40.00     		93,199 8,517 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    MARIA PONMAKHA CHIEF OF STAFF
    40.00     		82,197 10,362 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    TARA RIGLER SR DIRECTOR COMS PUB
    40.00     		66,250 4,418 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    NILI OSTROV CO-DIRECTOR, BIOLOGI
    40.00     		65,000 4,844 0
    555 BRYANT ST 374
    PALO ALTO,CA94301
    Total number of other employees paid over $50,000...................bullet 6
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 11,036,128
    555 BRYANT ST 374
    PALO ALTO,CA94301
    HILLSPIRE LLC PROFESSIONAL, LEGAL, IT, INVESTMENT & FIN/ACCTG SERVICES 2,353,580
    555 BRYANT ST 374
    PALO ALTO,CA94301
    MISCHIEFNOFIXEDADDRESS INC CONSULTING 2,261,099
    352-137 MONTAGUE STREET
    BROOKLYN,NY11201
    HIGH RESOLVES AMERICA CONSULTING 695,000
    900 CAMP STREET SUITE 405
    NEW ORLEANS,LA70130
    HR&A ADVISORS CONSULTING 596,000
    700 S FLOWER STREET SUITE 2995
    LOS ANGELES,CA90017
    Total number of others receiving over $50,000 for professional services.............bullet41
    Part VIII-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 RISE IS A TALENT AWARD PROGRAM DESIGNED TO INCREASE OPPORTUNITY FOR EXCEPTIONAL YOUNG PEOPLE WORLDWIDE TO SERVE OTHERS THROUGHOUT THEIR LIVES AND TO BUILD A COHORT THAT REFLECTS A BROAD RANGE OF EXPERIENCES, BACKGROUNDS, PASSIONS AND TALENTS. THE PROGRAM WILL FOSTER SKILLED TEENAGERS AND AN ENVIRONMENT THAT WILL ENABLE THEM TO LEARN AND SHARE IDEAS THROUGHOUT THEIR LIVES WITH OTHERS THAT WILL ALLOW THEM TO IMPROVE THEIR OWN SKILLS AND TALENTS TO HELP THEM SERVE THE PUBLIC. 10,386,410
    2 SCHMIDT SPECIAL COMPETITIVE STUDIES PROJECT IS A PROJECT TO CONDUCT AN ANALYSIS AND MAKE RECOMMENDATIONS TO STRENGTHEN AMERICA'S LONG TERM COMPETITIVENESS FOR A FUTURE WHERE ARTIFICIAL INTELLIGENCE AND OTHER EMERGING TECHNOLOGIES RESHAPE OUR NATIONAL SECURITY, ECONOMY, AND SOCIETY. 2,046,073
    3 INTERNATIONAL STRATEGY FORUM IS A SERIES OF EDUCATIONAL MEETINGS ARRANGED THROUGHOUT THE YEAR TO BRING A COHORT OF YOUNG INDIVIDUALS FROM DIVERSE FIELDS AND BACKGROUNDS TO DEBATE AND STRATEGIZE ALONGSIDE EXPERTS IN FOREIGN POLICY AND TECHNOLOGY. THE GOAL IS TO BRING TOGETHER EXCEPTIONAL YOUNG STRATEGISTS AND TECHNOLOGISTS WITH EXTRAORDINARY POTENTIAL IN GEOPOLITICS, INNOVATION, AND PUBLIC LEADERSHIP, AND BRIDGE THE GAP BETWEEN POLICYMAKERS AND EXPERTS TO PRESERVE PROGRESS AND SECURITY AMID TECHNOLOGICAL INNOVATION AND A CHANGING WORLD ORDER. THE PURPOSE OF THIS FORUM IS CHARITABLE AND EDUCATIONAL IN THAT THE OBJECTIVE OF THESE CONFERENCES IS TO DEVELOP PROGRAMMATIC CONTENT, PROBLEM SETS, AND PROVIDE MENTORSHIP TO THE PARTICIPANTS. 1,326,160
    4 CONVERGENT RESEARCH IS AN INITIATIVE DESIGNED TO SOLVE GAPS IN THE RESEARCH AND DESIGN ECOSYSTEM BY IDENTIFYING HIGH-IMPACT SCIENTIFIC OR TECHNOLOGICAL RESEARCH AND DEVELOPMENT OPPORTUNITIES, THEN DEFINING AND LAUNCHING THESE PROJECTS AS FOCUSED RESEARCH ORGANIZATIONS (FROS). 1,017,612
    Part VIII-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 UP FUND, L.P. - THE CHARITABLE PURPOSE OF THIS INVESTMENT IS TO RELIEVE THE POOR AND DISTRESSED OR UNDERPRIVILEGED AND PROMOTE SOCIAL WELFARE BY EXPANDING THE AVAILABILITY OF CAREER-CENTERED TRAINING PROGRAMS TO UNDERSERVED AND LOW-INCOME INDIVIDUALS. 55,866
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet55,866
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    964,131,670
    b
    Average of monthly cash balances.......................
    1b
    16,239,568
    c
    Fair market value of all other assets (see instructions)................
    1c
    289,998,961
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,270,370,199
    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
    1,270,370,199
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    19,055,553
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,251,314,646
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    62,565,732
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    62,565,732
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,282,283
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    69,427
    c
    Add lines 2a and 2b............................
    2c
    1,351,710
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    61,214,022
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    26,057
    5
    Add lines 3 and 4............................
    5
    61,240,079
    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 XII, line 1 ...
    7
    61,240,079
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 61,240,079
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 39,942,804
    e From 2020...... 20,844,988
    f Total of lines 3a through e ........ 60,787,792
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 62,542,310
    a Applied to 2020, but not more than line 2a 0
    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 2021 distributable amount..... 61,240,079
    e Remaining amount distributed out of corpus 1,302,231
    5 Excess distributions carryover applied to 2021. 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 62,090,023
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		62,090,023
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 39,942,804
    d Excess from 2020.... 20,844,988
    e Excess from 2021.... 1,302,231
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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:
    SCHMIDT FUTURES
    555 BRYANT STREET SUITE 374
    PALO ALTO,CA94301
    (650) 461-8088
    ISRAELPOSTDOC@SCHMIDTFUTURES.COM
    bThe form in which applications should be submitted and information and materials they should include:
    INDIVIDUALS APPLY ONLINE AT HTTPS://SCHMIDTFUTURES.COM/OUR-WORK/ISRAELI-WOMENS-POSTDOCTORAL-AWARD/#HOW-T O-APPLY
    cAny submission deadlines:
    VARIES BY YEAR. CHECK WEBSITES FOR DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SCHMIDT FUTURES
    555 BRYANT STREET SUITE 374
    PALO ALTO,CA94301
    (650) 461-8088
    bThe form in which applications should be submitted and information and materials they should include:
    INDIVIDUALS APPLY ONLINE AT: HTTPS://WWW.RISEFORTHEWORLD.ORG/APPLY-TO-RISE/
    cAny submission deadlines:
    VARIES BY YEAR. CHECK WEBSITES FOR DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RISE IS ONLY OPEN FOR 15-17 YEAR OLDS.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    AG
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    AS
    3155 KITTRELL COURT
    BOULDER,CO80305     		NONE I: INDIVIDUAL INTERNATIONAL STRATEGY FORUM FELLOWSHIP IMPACT GRANT 10,000
    ALLIED MEDIA PROJECTS
    4126 3RD STREET
    DETROIT,MI48201     		  PC: 509(A)(1) OR (2) COMMUNITY TECH NY|COMMUNITY CENTERED CBRS PILOT 188,750
    ARIZONA STATE UNIVERSITY FOUNDATION
    PO BOX 260
    TEMPE,AZ852802260     		  PC: 509(A)(1) OR (2) ALLIANCE FOR THE AMERICAN DREAM, IDEAS CHALLENGE - 2020 500,000
    BL
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    BY
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    BRIGHAM AND WOMENS HOSPITAL INC
    75 FRANCIS STREET
    BOSTON,MA02115     		  PC: 509(A)(1) OR (2) ACCESS TO EKG DATA SET IN SUPPORT OF PROJECT NIGHTINGALE 20,000
    CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE
    3 RUE MICHEL-ANGE
    CEDEX   75794
    FR     		  GOV SUPPORT FOR THE SCALE-AWARE SEA ICE PROJECT (SASIP) (VESRI) PROJECT 2,669,155
    CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE
    3 RUE MICHEL-ANGE
    CEDEX   75794
    FR     		  GOV SUPPORT FOR THE M2LINES - MULTISCALE MACHINE LEARNING IN COUPLED EARTH SYSTEM MODELING (VESRI) PROJECT 117,481
    CHECKR INC
    ONE MONTGOMERY SUITE 2400
    SAN FRANCISCO,CA94104     		  NC EXPUNGEMENTS FOR RETURNING CITIZENS AT SCALE 250,000
    CIVIC NATION
    1156 15TH ST NW STE 1000
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) PROVIDE SUPPORT FOR MADE TO SAVE PROJECT 250,000
    COMMON APPLICATION INC
    3003 WASHINGTON BLVD STE 1000
    ARLINGTON,VA22201     		  PC: 509(A)(1) OR (2) INSTRUMENTING US SCHOLARSHIPS 150,000
    CONCORDIA SUMMIT INC
    134 EAST 40TH STREET FLOOR 5
    NEW YORK,NY10016     		  PC: 509(A)(1) OR (2) IDENTIFYING NEW PARTNERS 20,000
    DIMAGI INC
    585 MASSACHUSETTS AVE SUITE 3
    CAMBRIDGE,MA02139     		  NC STRENGTHENING COMMUNITY BASED COVID-19 RESPONSE IN TAMIL NADU 100,000
    ECONOMIC SECURITY PROJECT INC
    51 EAST 12TH STREET 2ND FLOOR
    NEW YORK,NY10003     		  PC: 509(A)(1) OR (2) ECONOMIC SECURITY PROJECT - USING A CAMPAIGN MODEL TO LIFT MILLIONS OF CHILDREN OUT OF POVERTY 250,000
    EEDI LTD
    86-90 PAUL STREET
    LONDON   EC2A 4NE
    UK     		  NC SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST BY SUPPORTING A TEST BED FOR RESEARCHERS TO RUN EXPERIMENTS TO IMPROVE LEARNING OUTCOMES AND PUBLISH THE RESULTS OF THEIR STUDIES. 350,000
    ENTOS INC
    4470 W SUNSET BLVD SUITE 107 PMB
    94758
    LOS ANGELES,CA90027     		  NC SUPPORT ENVISION: A CHEMICAL DISCOVERY PLATFORM FOR RESEARCH AND EDUCATION 1,130,500
    ENVIRONMENT SUPPORT GROUP
    1572 RING ROAD BANASHANKARI II
    STAGE
    BANGALORE   560070
    IN     		  PC: EQUIVALENCY DETE SUPPORT FOR THE HARVARD-CORNELL COMPARATIVE STUDY OF EXPERTISE IN COVID RESPONSE 15,000
    FOLKS CAPITAL LLC
    429 E 72ND TERRACE
    KANSAS CITY,MO64131     		  NC CREATION OF AN INVESTMENT MODEL THAT WILL ALLOW LOW-INCOME AND EXTREMELY LOW-INCOME WOMEN OF COLOR TO BUILD EQUITY IN APPRECIATING ASSETS OWNED BY AND FOR THEIR COMMUNITY 100,000
    FUNDACION TELEVISA AC
    AV VASCO DE QUIROGA 2000
    SANTA FE,ALVARO OBREGON01210
    MX     		  NC SUPPORT FOR EMPOWERING TALENTED YOUTH FOR SOCIAL CHANGE IN MEXICO 103,373
    GLOBAL CITIZEN YEAR INC
    1625 CLAY STREET SUITE 400
    OAKLAND,CA94612     		  PC: 509(A)(1) OR (2) SUPPORT FOR LAUNCHING THE LEADERS OUR WORLD NEEDS NOW 100,000
    HOUSE NEW YORK INC
    253 W 35 STREET
    NEW YORK,NY10001     		  PC: 509(A)(1) OR (2) ENSURING BROADBAND FOR AFFORDABLE HOUSING RESIDENTS 200,000
    KK
    1663 8TH AVENUE 3R
    BROOKLYN,NY11215     		NONE I: INDIVIDUAL INTERNATIONAL STRATEGY FORUM FELLOWSHIP IMPACT GRANT 10,000
    KEY HOUSING LLC
    1251 WESTWOOD BLVD SUITE 300
    LOS ANGELES,CA90024     		  NC SUPPORT FOR THE KEY HOUSING SCHOLARSHIP FUND 50,000
    KOA HEALTH BV SUCURSAL EN ESPAA
    PLAA DERNEST LLUCH I MARTIN 5
    PLANTA 12
    BARCELONA   08019
    SP     		  NC SUPPORT FOR THE EMPOWER: BUILDING THE WORLD'S MENTAL HEALTH WORKFORCE PROJECT 100,000
    LC
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    LSST INC
    933 N CHERRY AVENUE
    TUSCON,AZ85721     		  PC: 509(A)(1) OR (2) AN OPEN, SCALABLE SYSTEM FOR SCIENCE WITH THE LSST 25,000
    LUMINARY LABS LLC
    60 BROADWAY SUITE 2800
    NEW YORK,NY10006     		  NC TO PROVIDE SUPPORT FOR THE FEDERAL GOVERNMENTS BUILD BACK BETTER REGIONAL CHALLENGE, WITH A FOCUS ON HELPING DISADVANTAGED COMMUNITIES LEVERAGE SCIENCE AND TECHNOLOGY TO DRIVE REGIONAL ECONOMIC GROWTH. 50,000
    MD
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    77 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02139     		NONE I: INDIVIDUAL SUPPORT FOR PRINCIPAL LEADERS RESEARCH AS PART OF GRANTORS POLYMATH PROGRAM 500,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    77 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02139     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - V.R. 25,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    77 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02139     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    MATHIGON INC
    7 ALBERT BUILDINGS 49 QUEEN
    VICTORIA STREET
    LONDON   EC4N 4SA
    UK     		  NC SUPPORT EDUCATIONAL RESEARCHERS TO CONDUCT LARGE SCALE EXPERIMENTAL RESEARCH ON MATH EDUCATION AND CREATION OF A LARGE AND DIVERSE DATASET AVAILABLE TO THE PUBLIC 285,000
    MC NEESE STATE UNIVERSITY FOUNDATION
    PO BOX 91989
    LAKE CHARLES,LA70609     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    MC NEESE STATE UNIVERSITY FOUNDATION
    PO BOX 91989
    LAKE CHARLES,LA70609     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - S.M. 25,000
    MENON LABS
    49 HARPER ROAD
    LONDON   SE1 6AP
    UK     		  NC TESTING A SCALABLE LEARNING ENGINEERING FELLOWSHIP MODEL 250,000
    NC
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    NATIONAL CONFERENCE ON CITIZENSHIP
    1902 L STREET NW SUITE 450
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) TRAINING VOLUNTEERS AT 4 MAJOR VOTING RIGHTS ORGANIZATIONS ON WAYS TO IDENTIFY, REPORT AND COUNTER DISINFORMATION WITHIN THEIR COMMUNITIES 170,000
    NATIONAL DIGITAL INCLUSION ALLIANCE
    3000 E MAIN ST 50
    COLUMBUS,OH43209     		  PC: 509(A)(1) OR (2) PARTNERSHIPS FOR DIGITAL INCLUSION FUND - PHASE 1 191,150
    NEW AMERICA FOUNDATION
    740 15TH STREET NW STE 900
    WASHINGTON,DC20005     		  PC: 509(A)(1) OR (2) #SHARETHEMICINCYBER FELLOWSHIP 10,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) AMERICA'S FRONTIER FUND PROJECT 3,000,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) SCIENCE PHILANTHROPY ALLIANCE 100,000
    NUCLEATE BIO INC
    88 GORDON ST 401
    BRIGHTON,MA02135     		  NC FOSTERING INAUGURAL YEAR OF NUCLEATE (STUDENT-LED BIO ENTREPRENEURSHIP) 100,000
    OHIO STATE UNIVERSITY FOUNDATION
    1480 W LANE AVENUE
    COLUMBUS,OH43221     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE ALLIANCE FOR THE AMERICAN DREAM, IDEAS CHALLENGE - 2020 500,000
    POMONA COLLEGE
    150 E EIGHTH STREET
    CLAREMONT,CA91711     		NONE I: INDIVIDUAL SUPPORT FOR STUDENTS QUALIFIED TUITION AND RELATED EXPENSES - C.C. 25,000
    POMONA COLLEGE
    150 E EIGHTH STREET
    CLAREMONT,CA91711     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02138     		  PC: 509(A)(1) OR (2) SUPPORT THE TECHNOLOGY AND PUBLIC PURPOSE (TAPP) PROJECT FELLOWS PROGRAM 1,000,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02138     		  PC: 509(A)(1) OR (2) RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVENUE
    CAMBRIDGE,MA02138     		NONE I: INDIVIDUAL REIMAGINE CHALLENGE 2020 GLOBAL COMPETITION SCHOLARSHIP - S.W. (STUDENT) 25,000
    RD
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    RECIDIVIZ INC
    1655 PINE LANE
    PROVO,UT84604     		  PF PROVIDE RAPID RESPONSE FUNDING FOR EFFORTS TO REDUCE JAIL AND PRISON POPULATIONS SAFELY DURING THE CURRENT NOVEL CORONAVIRUS PANDEMIC 300,000
    RETHINK CHARITY
    2379 PENDLETON ROAD
    MINERAL,VA23117     		  PC: 509(A)(1) OR (2) TIKTOK OBSERVATORY PROJECT 106,470
    ROCKEFELLER PHILANTHROPY ADVISORS INC
    6 WEST 48TH STREET 10TH FLOOR
    NEW YORK,NY10036     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE REIMAGINE K-12 EMERGENCY FUND 5,000,000
    ROCKEFELLER PHILANTHROPY ADVISORS INC
    6 WEST 48TH STREET 10TH FLOOR
    NEW YORK,NY10036     		  PC: 509(A)(1) OR (2) AFGAN FUTURE FUND 100,000
    SG
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    SM
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    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
    SPIRIT OF AMERICA WORLDWIDE
    3033 WILSON BOULEVARD SUITE 700
    ARLINGTON,VA22201     		  PC: 509(A)(1) OR (2) AFGAN EMERGENCY FUND PROJECT 250,000
    TD
    555 BRYANT ST STE 374
    PALO ALTO,CA94301     		NONE I: INDIVIDUAL ISRAELI POST DOC AWARDS 50,000
    TECNOLOGICO DE MONTERREY FOUNDATION
    13020 SW 133RD COURT MIAMI
    MIAMI,FL33186     		  SO I PROVIDE AN ENDOWED SCHOLARSHIP FOR THE LIDERES DEL MANANA PROGRAM FOR STUDENTS 175,000
    TEL AVIV UNIVERSITY
    RAMAT-AVIV
    TEL AVIV   6997801
    IS     		NONE I: INDIVIDUAL SUPPORT FOR PRINCIPAL LEADER'S RESEARCH AS PART OF GRANTOR'S POLYMATH PROGRAM 500,000
    THE ASPEN INSTITUTE INC
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037     		  PC: 509(A)(1) OR (2) GENERAL OPERATING SUPPORT - ASPEN PHILANTROPY GROUP 25,000
    THE BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM
    21 N PARK STREET SUITE 6401
    MADISON,WI537151218     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE ALLIANCE FOR THE AMERICAN DREAM, IDEAS CHALLENGE 2020 500,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    485 BROADWAY MAIL CODE 8838
    REDWOOD CITY,CA94063     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - S.J. 25,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    485 BROADWAY MAIL CODE 8838
    REDWOOD CITY,CA94063     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
    485 BROADWAY MAIL CODE 8838
    REDWOOD CITY,CA94063     		  PC: 509(A)(1) OR (2) SUPPORT TO THE STANFORD GLOBAL PROJECT CENTER 100,000
    THE BRENTHURST FOUNDATION(PTY) LTD
    6 ST ANDREWS RD PARKTOWN 2193
    JOHANNESBURG   2193
    SF     		  NC INTRA-AFRICAN STUDY OF COVID RESPONSE - PART 2 25,000
    THE LEARNING AGENCY LLC
    4513 WINDOM PLACE
    WASHINGTON,DC20016     		  NC CREATION OF EDUCATIONAL CONTENT FOR THE LEARNING ENGINEERING RESEARCH NETWORK 200,000
    THE MILLER CENTER FOUNDATION
    PO BOX 400406
    CHARLOTTESVILLE,VA22904     		  PC: 509(A)(1) OR (2) PRIVATE NATIONAL COVID-19 COMMISSION 417,000
    THE NEW SCHOOL
    72 5TH AVENUE 2ND FLOOR
    NEW YORK,NY10003     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    THE NEW SCHOOL
    72 5TH AVENUE 2ND FLOOR
    NEW YORK,NY10003     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - B.G. 25,000
    THE REGENTS OF THE UNIVERSITY OF CALIFORNIA
    1995 UNIVERSITY AVENUE STE 401
    BERKELEY,CA94704     		  PC: 509(A)(1) OR (2) THE SCHMIDT CENTER DS4E 1,308,463
    THE RHODES TRUST
    SOUTH PARKS ROAD
    OXFORD   OX1 3RG
    UK     		  PC: 509(A)(1) OR (2) SCHMIDT SCIENCE FELLOWSHIP PROGRAM ADMINISTRATION 3,496,912
    THE RHODES TRUST
    SOUTH PARKS ROAD
    OXFORD   OX1 3RG
    UK     		  PC: 509(A)(1) OR (2) RISE, AN INITIATIVE OF SCHMIDT FUTURES AND THE RHODES TRUST 1,346,283
    THE RHODES TRUST
    SOUTH PARKS ROAD
    OXFORD   OX1 3RG
    UK     		NONE I: INDIVIDUAL AWARDS EARMARKED TO 56 INDIVIDUALS IN THE SCHMIDT SCIENCE FELLOWSHIP PROGRAM 3,590,387
    THE UNIVERSITY OF QUEENSLAND
    JD STORY BUILDING LEVEL 7 342
    CARMODY ROAD
    SAINT LUCIA   QLD 4072
    AS     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - T.B. 25,000
    THE UNIVERSITY OF QUEENSLAND
    JD STORY BUILDING LEVEL 7 342
    CARMODY ROAD
    SAINT LUCIA   QLD 4073
    AS     		  PC: EQUIVALENCY DETE SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    THE UNIVERSITY OF STRATHCLYDE
    16 RICHMOND STREET
    GLASGOW   1XQ
    UK     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - A.S. 25,000
    THE UNIVERSITY OF STRATHCLYDE
    16 RICHMOND STREET
    GLASGOW   1XQ
    UK     		  PC: EQUIVALENCY DETE SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    FRANKLIN BUILDING - 433
    PHILADELPHIA,PA19104     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 25,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    FRANKLIN BUILDING - 433
    PHILADELPHIA,PA19104     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - K.S. 25,000
    US DEPARTMENT OF EDUCATION
    400 MARYLAND AVENUE SOUTHWEST
    WASHINGTON,DC20024     		  GOV LEARNING PLATFORMS PRIZE 500,000
    UNITED WAY OF DANE COUNTY INC
    2059 ATWOOD AVENUE
    MADISON,WI53704     		  PC: 509(A)(1) OR (2) SUPPORT FOR OPPORTUNITY CALCULATOR (ALLIANCE FOR THE AMERICAN DREAM - UNVERSITY OF WISCONSIN-MADISON) 500,000
    UNIVERSITE DE MONTREAL
    2900 EDOUARD MONTPETIT BLVD
    MONTREAL,QUEBECH3T 1J4
    CA     		  PC: 509(A)(1) OR (2) GRAVITATIONAL LENSING AND MACHINE LEARNING IN THE NEXT GENERATION OF SKY SURVEYS 211,500
    UNIVERSITY COLLEGE LONDON
    GOWER STREET
    LONDON   WC1E 6BT
    UK     		  PC: EQUIVALENCY DETE SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 75,000
    UNIVERSITY COLLEGE LONDON
    GOWER STREET
    LONDON   WC1E 6BT
    UK     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - G.X. 25,000
    UNIVERSITY COLLEGE LONDON
    GOWER STREET
    LONDON   WC1E 6BT
    UK     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - L.B. 25,000
    UNIVERSITY COLLEGE LONDON
    GOWER STREET
    LONDON   WC1E 6BT
    UK     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - Y.H. 25,000
    UNIVERSITY OF CAPE TOWN
    OLD ADMIN BUILDING LOVES WALKS
    RONDEBOSCH
    CAPE TOWN   7700
    SF     		  PC: EQUIVALENCY DETE SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 100,000
    UNIVERSITY OF CAPE TOWN
    OLD ADMIN BUILDING LOVES WALKS
    RONDEBOSCH
    CAPE TOWN   7700
    SF     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - J.K. 25,000
    UNIVERSITY OF CAPE TOWN
    OLD ADMIN BUILDING LOVES WALKS
    RONDEBOSCH
    CAPE TOWN   7700
    SF     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - L.M. 25,000
    UNIVERSITY OF CAPE TOWN
    OLD ADMIN BUILDING LOVES WALKS
    RONDEBOSCH
    CAPE TOWN   7700
    SF     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - M.I. 25,000
    UNIVERSITY OF CAPE TOWN
    OLD ADMIN BUILDING LOVES WALKS
    RONDEBOSCH
    CAPE TOWN   7700
    SF     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - R.N. 25,000
    UNIVERSITY OF EDINBURGH
    10 MAX BORN CRESCENT
    EDINBURGH   EH9 3BF
    UK     		  PC: EQUIVALENCY DETE PREPARING PH.D.STUDENTS FOR CAREERS AS DEEP TECH ENTREPRENEURS 50,000
    UNIVERSITY OF OREGON FOUNDATION
    1720 EAST 13TH AVENUE SUITE 410
    EUGENE,OR97403     		  PC: 509(A)(1) OR (2) SUPPORT FOR FURTHER ICAR DEVELOPMENT, INCLUDING EXTENSIONS OF THE EXISTING CONTENT AND DEVELOPMENT OF NOVEL MEASURES 96,866
    UNIVERSITY OF SOUTHERN CALIFORNIA
    UNIVERSITY PARK CAMPUS
    LOS ANGELES,CA90089     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 50,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    UNIVERSITY PARK CAMPUS
    LOS ANGELES,CA90089     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - N.H. 25,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    UNIVERSITY PARK CAMPUS
    LOS ANGELES,CA90089     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - T.Z. 25,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIRCLE SUITE 208
    SALT LAKE CITY,UT84112     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE ALLIANCE FOR THE AMERICAN DREAM, IDEAS CHALLENGE 2020 500,000
    US IGNITE INC
    1150 18TH STREET NW SUITE 750
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) SEEDING A PLATFORMS FOR NOVEL BROADBAND PILOTS IN UNDERSERVED COMMUNITIES 450,000
    WELLBEING ELEVATED INC
    900 BITNER RD H22
    PARK CITY,UT84098     		  NC PROVIDE SCALING SUPPORT FOR WELLBEING ELEVATED (ALLIANCE FOR THE AMERICAN DREAM UNIVERSITY OF UTAH PROJECT. 500,000
    WORCESTER POLYTECHNIC INSTITUTE
    100 INSTITUTE ROAD
    WORCESTER,MA01609     		  PC: 509(A)(1) OR (2) CUSTOMIZING A DIGITAL LEARNING PLATFORM FOR RAPID, LOW-COST RESEARCH 700,000
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		  PC: 509(A)(1) OR (2) SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION 50,000
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - P.M. 25,000
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		NONE I: INDIVIDUAL SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - M.P. 25,000
    YOUNG PROFESSIONALS IN FOREIGN POLICY
    2010 L STREET NW SUITE 101-203
    WASHINGTON,DC20036     		  PC: 509(A)(1) OR (2) US-CHINA FUTURES (YPFP) 50,000
    Total .................................bullet 3a 35,697,623
    bApproved for future payment
    ASOC INSTITUTE FOR INTEGRATED TRANSITIONS
    CARRER DE SANT ANTONI MARIA CLARET
    167
    BARCELONA   08025
    SP     		  PC: EQUIVALENCY DETE IFIT PEACE TREATY INITIATIVE 50,000
    ECONOMIC SECURITY PROJECT INC
    51 EAST 12TH STREET 2ND FLOOR
    NEW YORK,NY10003     		  PC: 509(A)(1) OR (2) ECONOMIC SECURITY PROJECT - USING A CAMPAIGN MODEL TO LIFT MILLIONS OF CHILDREN OUT OF POVERTY 225,000
    MATHIGON INC
    7 ALBERT BUILDINGS 49 QUEEN
    VICTORIA STREET
    LONDON   EC4N 4SA
    UK     		  NC SUPPORT EDUCATIONAL RESEARCHERS TO CONDUCT LARGE SCALE EXPERIMENTAL RESEARCH ON MATH EDUCATION AND CREATION OF A LARGE AND DIVERSE DATASET AVAILABLE TO THE PUBLIC" 215,000
    MENON LABS
    49 HARPER ROAD
    LONDON   SE1 6AP
    UK     		  NC TESTING A SCALABLE LEARNING ENGINEERING FELLOWSHIP MODEL. 175,000
    ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS
    10 SAINT JAMESS SQUARE
    LONDON   SW1Y 4LE
    UK     		  PC: 509(A)(1) OR (2) SUPPORT TO CHATHAM HOUSE'S DIGITAL SOCIETY INITIATIVE 100,000
    UNIVERSITY OF GLASGOW COURT
    UNIVERSITY AVENUE
    GLASGOW   G12 8QQ
    UK     		  PC: EQUIVALENCY DETE ESTABLISHING CHEMPUTATION AS THE OPEN STANDARD FOR DIGITAL CHEMISTRY 1,000,000
    Total .................................bullet 3b 1,765,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 47,936,723  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURNED GRANTS     		        5,897
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 52,691,903 5,897
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    52,697,800
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11A PREVIOUSLY DISTRIBUTED GRANTS RETURNED TO THE FOUNDATION
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 instructions.
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE ERIC AND WENDY SCHMIDT FUND FOR
    STRATEGIC INNOVATION         		Employer identification number
    46-3460261
    Part I
    Contributors
    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
    ERIC AND WENDY SCHMIDT
     
    555 BRYANT ST 374
     
    PALO ALTO, CA94301

    		$ 154,393,919


    (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

    		$ 24,586,445


    (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

    		$ 154,827,717


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

    		$ 24,655,526


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    THE BOEING COMPANY
     
    100 NORTH RIVERSIDE
     
    CHICAGO, IL60606

    		$ 1,000,000


    (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) (2021)
    Schedule B (Form 990) (2021)
    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 $ 154,393,919 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 MARKETABLE SECURITIES $ 24,586,445 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 MARKETABLE SECURITIES $ 154,827,717 2021-12-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 MARKETABLE SECURITIES $ 24,655,526 2021-12-23
    (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) (2021)
    Schedule B (Form 990) (2021)
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 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 89,903 29,794   54,822

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

    TY 2021 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
    BAKER EDM LAB INC
          		175 STRAFFORD AVENUE SUITE 1 PMB
    908
    WAYNE,PA19087     		2020-05-01 200,000 SUPPORT FOR THE DEVELOPING A RESEARCH AGENDA FOR LEARNING ENGINEERING PROJECT 200,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 2/2/2021, 04/27/2022 FINAL    
    CARNEGIE LEARNING INC
          		501 GRANT STREET STE 1075
    PITTSBURGH,PA152194447     		2020-06-29 50,000 TO PROMOTE EDUCATION. SUPPORT FOR THE WORK OF LIVEHINT: TUTORING FOR REMOTE TEXTBOOK USE PROJECT 50,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 11/16/2020; 08/11/2022 FINAL    
    COMMUNITY DATA PLATFORMS INC
          		51 DUKES ROAD
    NANTUCKET,MA02554     		2020-01-06 240,000 SUPPORT INFORMATION BEING DISSEMINATED TO THE PUBLIC AND LOCAL GOVERNMENTS BY PROVIDING GRANTS TO THREE LOCAL GOVERNMENTS TO DEFRAY COSTS OF ENGAGING IN THE PLATFORM THAT PROVIDES REAL-TIME ANALYTICS AND ANALYSIS ON DEMOGRAPHICS AND ECONOMICS TO COMMUNITY LEADERS SO THEY CAN HAVE THE INFORMATION REQUIRED TO DRIVE DECISIONS IN THE PUBLIC INTEREST. 198,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/26/2021, 03/25/2022    
    ENTOS INC
          		4470 W SUNSET BLVD SUITE 107 PMB
    94758
    LOS ANGELES,CA90027     		2020-10-20 2,261,000 TO SUPPORT SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST BY SUPPORTING ENVISION: A CHEMICAL DISCOVERY PLATFORM FOR RESEARCH AND EDUCATION 1,382,026 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 5/19/2021, 03/29/2022    
    FF CREATOR LIMITED
          		NORTHCLIFFE HOUSE YOUNG STREET
    LONDON   W8 5EH
    UK     		2020-08-13 175,000 SUPPORT THE SEEDING OF AN ENTREPRENEURIAL TALENT NETWORK AT ACCREDITED UNIVERSITIES IN UNDERSERVED AREAS OF THE UNITED KINGDOM AND ACROSS EUROPE BY DEVELOPING AND OFFERING TRAINING PROGRAMS IN ENTREPRENEURIALISM AND RELATED SUBJECTS TO QUALIFIED STUDENTS AT SUCH UNIVERSITIES 175,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 7/20/2021, 08/10/2022 FINAL    
    SKY9 HK LIMITED
          		SUITE 1203 12/F RUTTONJEE HOUSE
    DUDDELL STREET CENTRAL   00000
    HK     		2020-02-14 140,000 SUPPORT CORONAVIRUS RELIEF EFFORTS BY DISTRIBUTING FREE MEDICAL MASKS TO HEALTHCARE PROFESSIONALS 140,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 05/21/2021 FINAL    
    SYZYGY LLC
          		8 THE GREEN STE R
    DOVER,DE19901     		2020-05-04 50,000 SUPPORT FOR EXPANDING HEALTHCARE CAPACITY WITH IMPACTED INDUSTRIES OF COVID-19 48,679 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 1/20/2021    
    THE BRENTHURST FOUNDATION (PTY) LTD
          		6 ST ANDREWS RD PARKTOWN
    JOHANNESBURG   2193
    SF     		2020-11-20 64,600 SUPPORT FOR THE INTRA-AFRICAN STUDY OF COVID RESPONSE - PART 2 57,537 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 6/21/2021, 05/12/2022    
    THE LEARNING AGENCY LLC
          		4513 WINDOM PLACE
    WASHINGTON,DC20009     		2020-07-17 750,000 SUPPORT FOR SEEDING IMAGENETS FOR EDUCATION, WHICH DESIGNS AND LAUNCHES DATA SCIENCE CHALLENGES AND DERIVES INSIGHT FOR THE FIELD. 750,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 12/10/2020, 12/31/2021 FINAL    
    WELLBEING ELEVATED INC
          		900 BITNER ROAD H22
    PARK CITY,UT84098     		2020-10-30 1,000,000 PROVIDE SCALING SUPPORT FOR WELLBEING ELEVATED (ALLIANCE FOR THE AMERICAN DREAM - UNIVERSITY OF UTAH PROJECT). 500,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/23/2021, 03/24/2022    
    CARNEGIE LEARNING INC
          		501 GRANT STREET STE 1075
    PITTSBURGH,PA152194447     		2019-10-29 350,000 BUILDING SCALABLE A/B TESTING FOR IN-SCHOOL ED TECH 350,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/31/2020, 03/22/2021, 07/20/2021, 05/05/2022 FINAL    
    TREAU INC (EQUITY PRI)
          		375 ALABAMA ST STE 220
    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. 150,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 8/30/2018, 3/25/2019, 3/31/2020, 2/9/2021, 08/11/2022    
    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. 200,750 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 9/5/2019, 3/31/2020, 3/29/2021    
    UP FUND LP (EQUITY PRI)
          		10 MILK STREET SUITE 1010
    BOSTON,MA02108     		2020-03-03 458,551 THE CHARITABLE PURPOSE OF THIS INVESTMENT IS TO RELIEVE THE POOR AND DISTRESSED OR UNDER-PRIVILEGED AND PROMOTING SOCIAL WELFARE BY EXPANDING THE AVAILABILITY OF CAREER-CENTERED TRAINING PROGRAMS TO UNDERSERVED AND LOW-INCOME INDIVIDUALS 458,551 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 2/9/2021, 02/14/2022    
    RECIDIVIZ INC
          		1655 PINE LANE
    PROVO,UT84604     		2019-10-24 500,000 CONTINUOUS IMPROVEMENT TOOLS FOR CORRECTIONS DEPARTMENTS 500,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 11/06/20, 11/1/21 FINAL    
    CHECKR INC
          		ONE MONTGOMERY SUITE 2400
    SAN FRANCISCO,CA94104     		2021-08-05 250,000 EXPUNGEMENTS FOR RETURNING CITIZENS AT SCALE 250,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/24/2022 FINAL    
    DIMAGI INC
          		585 MASSACHUSETTS AVE SUITE 3
    CAMBRIDGE,MA02139     		2021-08-19 100,000 STRENGTHENING COMMUNITY BASED COVID-19 RESPONSE IN TAMIL NADU 40,953 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/24/2022    
    EEDI LTD
          		86-90 PAUL STREET
    LONDON   EC2A 4NE
    UK     		2021-12-09 350,000 SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST BY SUPPORTING A TEST BED FOR RESEARCHERS TO RUN EXPERIMENTS TO IMPROVE LEARNING OUTCOMES AND PUBLISH THE RESULTS OF THEIR STUDIES 350,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/22/2022    
    FOLKS CAPITAL LLC
          		429 E 72ND TERRACE
    KANSAS CITY,MT64131     		2021-08-19 100,000 CREATION OF AN INVESTMENT MODEL THAT WILL ALLOW LOW-INCOME AND EXTREMELY LOW-INCOME WOMEN OF COLOR TO BUILD EQUITY IN APPRECIATING ASSETS OWNED BY AND FOR THEIR COMMUNITY 29,410 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/28/2022    
    KEY HOUSING LLC
          		1251 WESTWOOD BLVD SUITE 300
    LOS ANGELES,CA90024     		2021-03-01 50,000 SUPPORT FOR THE KEY HOUSING SCHOLARSHIP FUND 50,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/21/2022 FINAL    
    KOA HEALTH BV SUCURSAL EN ESPAA
          		PLACA DERNEST LLUCH I MARTIN 5
    PLANTA 12
    BARCELONA   08019
    SP     		2021-01-14 100,000 SUPPORT FOR THE EMPOWER: BUILDING THE WORLD'S MENTAL HEALTH WORKFORCE PROJECT 100,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/8/2022 FINAL    
    LUMINARY LABS LLC
          		60 BROADWAY SUITE 2800
    NEW YORK,NY10006     		2021-12-09 50,000 TO PROVIDE SUPPORT FOR THE FEDERAL GOVERNMENTS BUILD BACK BETTER REGIONAL CHALLENGE, WITH A FOCUS ON HELPING DISADVANTAGED COMMUNITIES LEVERAGE SCIENCE AND TECHNOLOGY TO DRIVE REGIONAL ECONOMIC GROWTH. 0 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/27/2022    
    MATHIGON INC
          		7 ALBERT BUILDINGS 49 QUEEN
    VICTORIA STREET
    LONDON   EC4N 4SA
    UK     		2021-05-11 285,000 SUPPORT EDUCATIONAL RESEARCHERS TO CONDUCT LARGE SCALE EXPERIMENTAL RESEARCH ON MATH EDUCATION AND CREATION OF A LARGE AND DIVERSE DATASET AVAILABLE TO THE PUBLIC 17,160 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/18/2022    
    MENON LABS
          		49 HARPER ROAD
    LONDON   SE1 6AP
    UK     		2021-09-30 250,000 TESTING A SCALABLE LEARNING ENGINEERING FELLOWSHIP MODEL 184,836 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/14/2022    
    NUCLEATE BIO INC
          		88 GORDON ST 401
    BRIGHTON,MA02135     		2021-12-30 100,000 FOSTERING INAUGURAL YEAR OF NUCLEATE (STUDENT-LED BIO ENTREPRENEURSHIP) 0 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/18/2022    
    RECIDIVIZ INC
          		1655 PINE LANE
    PROVO,UT84604     		2021-03-16 300,000 PROVIDE RAPID RESPONSE FUNDING FOR EFFORTS TO REDUCE JAIL AND PRISON POPULATIONS SAFELY DURING THE CURRENT NOVEL CORONAVIRUS PANDEMIC 300,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/10/2022 FINAL    
    THE LEARNING AGENCY LLC
          		4513 WINDOM PLACE
    WASHINGTON,DC20016     		2021-02-11 200,000 CREATION OF EDUCATIONAL CONTENT FOR THE LEARNING ENGINEERING RESEARCH NETWORK 200,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 4/12/2022 FINAL    
    FUNDACION TELEVISA AC
          		AV VASCO DE QUIROGA 2000
    SANTA FE,ALVARO OBREGON01210
    MX     		2021-04-13 103,373 SUPPORT FOR EMPOWERING TALENTED YOUTH FOR SOCIAL CHANGE IN MEXICO 103,373 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 11/1/2021 FINAL    
    BANJO INC
          		10235 SOUTH JORDAN PARKWAY SUITE
    410
    SOUTH JORDAN,UT84095     		2020-01-13 399,880 LIVE INTELLIGENCE OPIOID SOLUTION PROJECT TO USE DATA TO LOWER RECIDIVISM AND INCREASE TREATMENT FOR OPIOID ADDICTS 399,880 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 3/31/2021 (FINAL)    
    VTC TAX CREDITS LLC
          		PO BOX 1493
    CASTLE ROCK,CO80104     		2020-04-28 50,000 SUPPORT FOR IMPACTING VETERAN UNEMPLOYMENT BY HELPING VETERANS AND BUSINESS LEVERAGE THE VETERAN TAX CREDIT PROGRAM 50,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 1/05/2021 (FINAL)    
    WATTB INC
          		227 BELLEVUE WAY NE 871
    BELLEVUE,WA98004     		2020-04-08 500,000 SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST BY SUPPORTING THE UNLOCKING ELECTRICITY PRICE DATA AT SCALE PROJECT TO BUILD A CANONICAL, OPEN, PUBLIC-USE DATABASE OF ELECTRICITY PRICES ACROSS THE U.S. 500,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 02/21/2021 (FINAL)    
    UPTRUST INC
          		156 2ND STREET
    SAN FRANCISCO,CA94105     		2019-09-11 250,000 SOFTWARE TO HELP LOW-INCOME DEFENDANTS ATTEND COURT 250,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 03/30/2020, 02/28/2021 (FINAL)    
    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 150,000 TO THE BEST OF OUR KNOWLEDGE, NO PORTION OF THE GRANT FUNDS WERE DIVERTED. 08/28/2019, 03/27/2020, 08/18/2021 (FINAL)    

    TY 2021 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
    165,230 SHS ISHARES TRUST UNITED STATES TREASURY 21,347,719 21,347,719
    818,425 SHS ISHARES CORE U.S. AGGREGATE BOND ETF 93,365,984 93,365,984
    492,777 SHS ISHARES TR MSCI ACWI ETF 52,125,951 52,125,951
    116,645 SHS VANGUARD REAL ESTATE ETF 13,531,958 13,531,958
    1,040,340 SHS INVESCO DB COMMDY INDX TRCK FD UNIT 21,618,265 21,618,265
    162,771 SHS ALPHABET INC CAP STK CL C 470,992,540 470,992,540
    212,486 SHS ALPHABET INC CAP STK CL A 615,580,441 615,580,441

    TY 2021 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 14,424,085 14,424,085
    TIGER GLOBAL LONG OPPORTUNITIES, LTD FMV 23,416,563 23,416,563
    BIL LTD FMV 10,943,085 10,943,085
    LONE CASCADE, LP FMV 45,221,574 45,221,574
    VIKING LONG FUND, LP FMV 47,221,068 47,221,068
    TIGER GLOBAL PIP X, LP FMV 11,678,300 11,678,300
    BERKSHIRE FUND IX, LP FMV 7,171,201 7,171,201
    DYNAMO FUND FMV 7,493,095 7,493,095
    GENERAL ATLANTIC - 2016 FMV 30,359,275 30,359,275
    HCIF OFFSHORE, LP FMV 14,994,235 14,994,235
    SYSTIMA SCR3 DEBT OPPORTUNITY FUND, LLC FMV 5,883,779 5,883,779
    HENGISTBURY FUND, LTD FMV 7,936,174 7,936,174
    TIGER GLOBAL PIP XI, LP FMV 10,644,184 10,644,184
    GAXL (SIF), LTD FMV 3,315,969 3,315,969
    WESTBRIDGE CROSSOVER TRANCHE III LLC FMV 11,995,832 11,995,832
    D.E. SHAW ALKALI INTERNATIONAL FUND IV, LP FMV 4,772,158 4,772,158
    GAOLING FEEDER, LTD FMV 22,683,300 22,683,300
    BLACKSTONE REAL ESTATE PARTNERS IX LP FMV 3,936,088 3,936,088
    WESTBRIDGE SPV-SH, LLC FMV 11,531,671 11,531,671
    CALIFORNIUM 98, LLC FMV 148,921 148,921
    ACUITUS. INC FMV 1,069,677 1,069,677
    OTHERLAB, INC. FMV 450,000 450,000
    TIGER GLOBAL PIP XII, LP FMV 9,703,784 9,703,784
    BERKSHIRE FUND X-A, LP FMV 436,773 436,773
    BIOTECHNOLOGY VALUE FUND II LP FMV 3,969,519 3,969,519
    D.E. SHAW ALKALI INTERNATIONAL FUND V, LP FMV 2,678,489 2,678,489
    HILLHOUSE CLIMATE FUND FEEDER, LP FMV 1,136,534 1,136,534
    SAMSARA BIOCAPITAL, LP FMV 2,093,471 2,093,471
    SUSTAINABLE ASSET FUND III (US FEEDER), LP FMV 469,832 469,832
    TIGER GLOBAL PIP XIV, LP FMV 7,588,567 7,588,567
    TIGER GLOBAL PIP XV FEEDER, LP FMV 1,715,053 1,715,053

    TY 2021 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 158,493 0   163,128


    TY 2021 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
    PROGRAM RELATED INVESTMENTS 460,080 488,031 488,031
    DUE FROM CONTROLLED ENTITY 178,600 53,286 53,286
    CAPITALIZED SOFTWARE, NET 2,833,333 3,312,269 3,312,269
    DIVIDENDS RECEIVABLE   330,616 330,616
    DEPOSITS   159,191 159,191


    TY 2021 OtherDecreasesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Amount
    GAXL INVESTMENT 775,368


    TY 2021 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 27,364 0   27,364
    DUES AND SUBSCRIPTIONS 18,145 0   17,378
    LICENSES & FEES 3,332 0   2,909
    BANK FEES 1,913 1,913   0
    TELEPHONE & INTERNET 1,576 0   1,576
    EQUIPMENT & SOFTWARE 279,673 0   238,876
    EMPLOYEE EXPENSES 42,057 0   16,604
    POSTAGE 2,605 0   1,628
    DEDUCTIONS FROM PARTNERSHIP INVESTMENTS 0 2,375,483   0
    INSURANCE 15,554 0   29,169
    DIRECT PROGRAM EXPENSES 15,101,458 0   14,660,530
    EXPENSES FROM PROGRAM RELATED INVESTMENTS 0 5,580   16,865
    SUPPLIES 36,706 0   34,979
    OFFICE EXPENSES 137,922 0   159,875
    AMORTIZATION 1,474,094 0   0


    TY 2021 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   231,103  
    SUBPART F INCOME   124,821  
    INCOME FROM PROGRAM RELATED INVESTMENTS   5,580  
    RETURNED GRANTS 5,897   5,897


    TY 2021 OtherIncreasesSchedule
    Name:
    THE ERIC AND WENDY SCHMIDT FUND FOR
     
    STRATEGIC INNOVATION
    EIN:
    46-3460261
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 312,361,633


    TY 2021 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
    DEFERRED FEDERAL EXCISE TAX LIABILITY 8,145,654 18,081,550


    TY 2021 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
    CONSULTING FEES 416,881 0   427,502
    MANAGEMENT FEES 8,912,943 0   5,923,619
    INVESTMENT FEES 1,761,568 1,865,613   0


    TY 2021 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 10,320,993 0   0
    FOREIGN TAXES 0 250,362   0
    UBI TAXES 106,918 0   0
    STATE UBI TAXES 43,985 0   0


    TY 2021 TransfersFrmControlledEntities
    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 DIVIDENDS PAID: $1,395 201,944
    Total     1,395

    TY 2021 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: $12,329. TRANSFER INTEREST: $189,615. 201,944
    Total     201,944