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California · Nonprofit

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION (California) receives grants from 3 organizations whose IRS filings report $12,065,000 to it, the largest being FOUNDATION FOR FOOD AND AGRICULTURE RESEARCH ($10,000,000). 0 of them have funded it in more than one year.

$407M
Revenue FY2024
3
Funders on record
$12M
Grants received
$1.4B
Net assets
0/3 repeat funderspeak grant-dependency 3%

Against its field

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION has grown faster than three-quarters of the 153 philanthropy nonprofits its size.

Months of reserve2.6mo · below the median
Revenue growth (annualized)49% · top quartile

this organization peer median middle 50% of peers· 153 philanthropy nonprofits over $100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($37M) Expenses 100 ($29M) Net assets 100 ($440M)2019 Revenue 344 ($129M) Expenses 239 ($69M) Net assets 131 ($578M)2020 Revenue 1088 ($407M) Expenses 201 ($58M) Net assets 237 ($1.0B)2021 Revenue 1102 ($412M) Expenses 272 ($78M) Net assets 384 ($1.7B)2022 Revenue 338 ($127M) Expenses 645 ($186M) Net assets 237 ($1.0B)2023 Revenue 957 ($358M) Expenses 1300 ($375M) Net assets 285 ($1.3B)2024 Revenue 1088 ($407M) Expenses 1086 ($313M) Net assets 327 ($1.4B)
2018201920202021202220232024
Revenue (1088)Expenses (1086)Net assets (327)Peer revenue range
02Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $65k → $12M.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION.

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 83%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION draws 100% of its grant income from funders outside California, across 2 states in all.

NY
DC

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION?
THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION (California) receives grants from 3 organizations whose IRS filings report $12,065,000 to it, the largest being FOUNDATION FOR FOOD AND AGRICULTURE RESEARCH ($10,000,000). 0 of them have funded it in more than one year.
How many funders does THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION have?
IRS filings report 3 organizations giving $12,065,000 in grants to THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION.
Who is the largest funder of THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION?
FOUNDATION FOR FOOD AND AGRICULTURE RESEARCH is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
How can an organization like THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing