Skip to content
ProPublica
Donate
ProPublica
Donate

The Eric And Wendy Schmidt Fund For Strategic Innovation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$127M (2022)

Expenses
$186M (2022)

Total Assets
$1.12B (2022)

Total Liabilities
$73.4M (2022)

Years with missing data
Source: Form 990 tax filings from 2013 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$126,518,918
Expenses
$186,060,464
Net Income
-$59,541,546
Net Assets
$1,044,317,321
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $23,294,434
18.4%
Interest Revenue $0
Dividends $6,242,082
4.9%
Sales of Assets $87,656,473
69.3%
Other Income $9,325,929
7.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $160,375,934
86.2%
Compensation of Officers* $836,167
0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,117,749,688
Total Liabilities $73,432,367
Net Assets $1,044,317,321
Compensation
Key Employees and Officers Compensation Other
Yll Bajraktari (Chief Executive Officer Sscsp) $579,500 $14,549
Michael Gable (Vice President) $407,000 $14,265
Maria Ponmakha (Chief Of Staff) $362,700 $48,752
Seth Center (Senior Policy Adviso) $331,775 $16,532
Tara Rigler (Sr Director Coms Pub) $304,750 $27,061
Paul Maykish (Senior Advisor) $301,958 $8,823
Adam Marblestone (Chief Executive Officer Crllc) $140,000 $22,892
Anastasia K Gamick (Chief Operating Officer Crllc) $116,667 $9,738
Gregg Goldman (Chief Financial Officer) $8,775 $0
Frances Babb (Secretary) $7,228 $0
Mandy Quach (Treasurer) $7,200 $0
Kenneth Goldman (Chief Financial Officer) $2,925 $0
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Eric Braverman (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$412,161,407
Expenses
$78,262,882
Net Income
$333,898,525
Net Assets
$1,689,116,672
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $359,463,607
87.2%
Interest Revenue $0
Dividends $4,755,180
1.2%
Sales of Assets $47,936,723
11.6%
Other Income $5,897
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,247,227
77.0%
Compensation of Officers* $999,144
1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,715,568,763
Total Liabilities $26,452,091
Net Assets $1,689,116,672
Compensation
Key Employees and Officers Compensation Other
Eric Braverman (Director) $580,800 $0
Yll Bajraktari (Chief Executive Officer Sscsp) $176,125 $934
Michael Gable (Vice President) $160,966 $13,238
Todd Huffman (Head, Neuroscience I) $93,199 $8,517
Frances Babb (Secretary) $82,943 $0
Maria Ponmakha (Chief Of Staff) $82,197 $10,362
Anastasia K Gamick (Chief Operating Officer Crllc) $66,667 $4,700
Tara Rigler (Sr Director Coms Pub) $66,250 $4,418
Nili Ostrov (Co Director, Biologi) $65,000 $4,844
Adam Marblestone (Chief Executive Officer Crllc) $50,909 $9,040
Mandy Quach (Treasurer) $41,700 $0
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Kenneth Goldman (Chief Financial Officer) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$407,049,107
Expenses
$57,808,547
Net Income
$349,240,560
Net Assets
$1,043,631,882
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $335,260,632
82.4%
Interest Revenue $0
Dividends $3,032,371
0.7%
Sales of Assets $68,601,012
16.9%
Other Income $155,092
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $50,083,931
86.6%
Compensation of Officers* $676,990
1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,055,676,240
Total Liabilities $12,044,358
Net Assets $1,043,631,882
Compensation
Key Employees and Officers Compensation Other
Eric Braverman (Director) $574,800 $0
Frances Babb (Secretary) $57,365 $0
Mandy Quach (Acting Treasurer) $44,825 $0
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Kenneth Goldman (Chief Financial Officer) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$128,642,441
Expenses
$69,002,690
Net Income
$59,639,751
Net Assets
$578,141,600
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $106,896,093
83.1%
Interest Revenue $0
Dividends $3,102,552
2.4%
Sales of Assets $18,628,329
14.5%
Other Income $15,467
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $68,605,552
99.4%
Compensation of Officers* $639,580
0.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $585,768,391
Total Liabilities $7,626,791
Net Assets $578,141,600
Compensation
Key Employees and Officers Compensation Other
Eric Braverman (Director) $554,010 $0
Frances Babb (Secretary) $47,014 $0
Mandy Quach (Acting Treasurer) $38,556 $0
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Kenneth Goldman (Chief Financial Officer) $0 $0
Suzin I Brockett (Acting Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$37,397,189
Expenses
$28,824,827
Net Income
$8,572,362
Net Assets
$439,821,026
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,578,854
68.4%
Interest Revenue $0
Dividends $4,522,735
12.1%
Sales of Assets $7,288,443
19.5%
Other Income $7,157
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,128,495
> 100%
Compensation of Officers* $47,043
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $448,140,869
Total Liabilities $8,319,843
Net Assets $439,821,026
Compensation
Key Employees and Officers Compensation Other
Thomas Kalil (Chief Innovation Off) $283,250 $28,312
Cassandra Crockett (Manager, Strategy &) $146,000 $13,269
David Vorhaus (Program Manager) $112,500 $16,188
Brett D Davenport (Secretary (Thru 12/2018)) $36,879 $0
Jeanne W Huey (Acting Treasurer (Thru 12/2018)) $8,412 $0
Mandy Quach (Acting Treasurer (From 12/2018)) $1,752 $0
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Kenneth Goldman (Chief Financial Officer) $0 $0
Suzin I Brockett (Acting Secretary (From 12/2018)) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,028,961
Expenses
$11,468,221
Net Income
-$6,439,260
Net Assets
$297,520,780
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $61
0.0%
Dividends $6,087,893
> 100%
Sales of Assets $0
Other Income $10,418
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $13,556,467
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $304,831,782
Total Liabilities $7,311,002
Net Assets $297,520,780

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$40,388,352
Expenses
$15,013,814
Net Income
$25,374,538
Net Assets
$311,846,108
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $664
0.0%
Dividends $5,717,068
14.2%
Sales of Assets $29,961,613
74.2%
Other Income $4,709,007
11.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,144,953
20.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $321,272,577
Total Liabilities $9,426,469
Net Assets $311,846,108
Compensation
Key Employees and Officers Compensation Other
Eric Schmidt (President & Director) $0 $0
Wendy Schmidt (Director) $0 $0
Amber Caska (Secretary & Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$293,456,837
Expenses
$6,409,398
Net Income
$287,047,439
Net Assets
$311,372,636
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $279,137,916
95.1%
Interest Revenue $0
Dividends $602
0.0%
Sales of Assets $14,318,319
4.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $316,157,816
Total Liabilities $4,785,180
Net Assets $311,372,636

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »