Instrumentl eFile Render
Object ID: 202223189349106787 - Rendered 2024-05-02
TIN: 46-3460261
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0047
20
21
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
,
CA
94301
A Employer identification number
46-3460261
B
Telephone number (see instructions)
(650) 461-8088
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
1,715,568,763
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
359,463,607
2
Check
.............
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)
.......
5,897
361,504
12
Total.
Add lines 1 through 11
........
412,161,407
96,779,351
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)
.........
158,493
0
163,128
b
Accounting fees (attach schedule)
.......
89,903
29,794
54,822
c
Other professional fees (attach schedule)
....
11,091,392
1,865,613
6,351,121
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
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)
.......
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
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
111
Less: allowance for doubtful accounts
20,160
111
111
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
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
1,288,562,858
1,288,562,858
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
278,511,173
327,082,256
327,082,256
14
Land, buildings, and equipment: basis
286,188
Less: accumulated depreciation (attach schedule)
2,168
0
284,020
284,020
15
Other assets (describe
)
3,472,013
4,343,393
4,343,393
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
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
)
8,145,654
18,081,550
23
Total liabilities
(add lines 17 through 22)
.........
12,044,358
26,452,091
Foundations that follow FASB ASC 958, check here
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
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)
3
312,361,633
4
Add lines 1, 2, and 3
..........................
4
1,689,892,040
5
Decreases not included in line 2 (itemize)
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)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
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
...................
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
and enter “N/A" on line 1.
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.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
699,870
11
Enter the amount of line 10 to be:
Credited to 2022 estimated tax
699,870
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
CA
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
.............
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 address
N/A
14
The books are in care of
MANDY QUACH
Telephone no.
(650) 461-8088
Located at
1010 ALMA ST
MENLO PARK
CA
ZIP+4
94025
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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
Organizations relying on a current notice regarding disaster assistance check here
........
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 (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2021?
....................
2a
No
If "Yes," list the years
20
,
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.
20
,
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
Organizations relying on a current notice regarding disaster assistance check
.........
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).
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
,
CA
94301
WENDY SCHMIDT
DIRECTOR
1.00
0
0
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
ERIC BRAVERMAN
DIRECTOR
40.00
580,800
0
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
YLL BAJRAKTARI
CHIEF EXECUTIVE OFFICER - SSCSP
40.00
176,125
934
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
ADAM MARBLESTONE
CHIEF EXECUTIVE OFFICER - CRLLC
32.00
50,909
9,040
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
ANASTASIA K GAMICK
CHIEF OPERATING OFFICER - CRLLC
40.00
66,667
4,700
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
KENNETH GOLDMAN
CHIEF FINANCIAL OFFICER
0.20
0
0
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
MANDY QUACH
TREASURER
2.70
41,700
0
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
FRANCES BABB
SECRETARY
7.30
82,943
0
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
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
,
CA
94301
TODD HUFFMAN
HEAD, NEUROSCIENCE I
40.00
93,199
8,517
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
MARIA PONMAKHA
CHIEF OF STAFF
40.00
82,197
10,362
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
TARA RIGLER
SR DIRECTOR COMS PUB
40.00
66,250
4,418
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
NILI OSTROV
CO-DIRECTOR, BIOLOGI
40.00
65,000
4,844
0
555 BRYANT ST 374
PALO ALTO
,
CA
94301
Total
number of other employees paid over $50,000
...................
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
,
CA
94301
HILLSPIRE LLC
PROFESSIONAL, LEGAL, IT, INVESTMENT & FIN/ACCTG SERVICES
2,353,580
555 BRYANT ST 374
PALO ALTO
,
CA
94301
MISCHIEFNOFIXEDADDRESS INC
CONSULTING
2,261,099
352-137 MONTAGUE STREET
BROOKLYN
,
NY
11201
HIGH RESOLVES AMERICA
CONSULTING
695,000
900 CAMP STREET SUITE 405
NEW ORLEANS
,
LA
70130
HR&A ADVISORS
CONSULTING
596,000
700 S FLOWER STREET SUITE 2995
LOS ANGELES
,
CA
90017
Total
number of others receiving over $50,000 for professional services
.............
41
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
.........................
55,866
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
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
60,247,227
b
Program-related investments—total from Part VIII-B
..................
1b
55,866
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
2,239,217
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
62,542,310
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
4
Qualifying distributions for 2021 from Part
XI, line 4:
$
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).)
6
Enter 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
......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX 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.)
1
Information Regarding Foundation Managers:
a
List 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
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The 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
,
CA
94301
(650) 461-8088
[email protected]
b
The 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
c
Any submission deadlines:
VARIES BY YEAR. CHECK WEBSITES FOR DEADLINES.
d
Any 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.
a
The 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
,
CA
94301
(650) 461-8088
b
The 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/
c
Any submission deadlines:
VARIES BY YEAR. CHECK WEBSITES FOR DEADLINES.
d
Any 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)
a
Paid during the year
AG
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
AS
3155 KITTRELL COURT
BOULDER
,
CO
80305
NONE
I: INDIVIDUAL
INTERNATIONAL STRATEGY FORUM FELLOWSHIP IMPACT GRANT
10,000
ALLIED MEDIA PROJECTS
4126 3RD STREET
DETROIT
,
MI
48201
PC: 509(A)(1) OR (2)
COMMUNITY TECH NY|COMMUNITY CENTERED CBRS PILOT
188,750
ARIZONA STATE UNIVERSITY FOUNDATION
PO BOX 260
TEMPE
,
AZ
852802260
PC: 509(A)(1) OR (2)
ALLIANCE FOR THE AMERICAN DREAM, IDEAS CHALLENGE - 2020
500,000
BL
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
BY
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
BRIGHAM AND WOMENS HOSPITAL INC
75 FRANCIS STREET
BOSTON
,
MA
02115
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
,
CA
94104
NC
EXPUNGEMENTS FOR RETURNING CITIZENS AT SCALE
250,000
CIVIC NATION
1156 15TH ST NW STE 1000
WASHINGTON
,
DC
20005
PC: 509(A)(1) OR (2)
PROVIDE SUPPORT FOR MADE TO SAVE PROJECT
250,000
COMMON APPLICATION INC
3003 WASHINGTON BLVD STE 1000
ARLINGTON
,
VA
22201
PC: 509(A)(1) OR (2)
INSTRUMENTING US SCHOLARSHIPS
150,000
CONCORDIA SUMMIT INC
134 EAST 40TH STREET FLOOR 5
NEW YORK
,
NY
10016
PC: 509(A)(1) OR (2)
IDENTIFYING NEW PARTNERS
20,000
DIMAGI INC
585 MASSACHUSETTS AVE SUITE 3
CAMBRIDGE
,
MA
02139
NC
STRENGTHENING COMMUNITY BASED COVID-19 RESPONSE IN TAMIL NADU
100,000
ECONOMIC SECURITY PROJECT INC
51 EAST 12TH STREET 2ND FLOOR
NEW YORK
,
NY
10003
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
,
CA
90027
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
,
MO
64131
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 OBREGON
01210
MX
NC
SUPPORT FOR EMPOWERING TALENTED YOUTH FOR SOCIAL CHANGE IN MEXICO
103,373
GLOBAL CITIZEN YEAR INC
1625 CLAY STREET SUITE 400
OAKLAND
,
CA
94612
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
,
NY
10001
PC: 509(A)(1) OR (2)
ENSURING BROADBAND FOR AFFORDABLE HOUSING RESIDENTS
200,000
KK
1663 8TH AVENUE 3R
BROOKLYN
,
NY
11215
NONE
I: INDIVIDUAL
INTERNATIONAL STRATEGY FORUM FELLOWSHIP IMPACT GRANT
10,000
KEY HOUSING LLC
1251 WESTWOOD BLVD SUITE 300
LOS ANGELES
,
CA
90024
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
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
LSST INC
933 N CHERRY AVENUE
TUSCON
,
AZ
85721
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
,
NY
10006
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
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE
CAMBRIDGE
,
MA
02139
NONE
I: INDIVIDUAL
SUPPORT FOR PRINCIPAL LEADERS RESEARCH AS PART OF GRANTORS POLYMATH PROGRAM
500,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE
CAMBRIDGE
,
MA
02139
NONE
I: INDIVIDUAL
SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - V.R.
25,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE
CAMBRIDGE
,
MA
02139
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
,
LA
70609
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
,
LA
70609
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
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
NATIONAL CONFERENCE ON CITIZENSHIP
1902 L STREET NW SUITE 450
WASHINGTON
,
DC
20036
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
,
OH
43209
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
,
DC
20005
PC: 509(A)(1) OR (2)
#SHARETHEMICINCYBER FELLOWSHIP
10,000
NEW VENTURE FUND
1201 CONNECTICUT AVE NW STE 300
WASHINGTON
,
DC
20036
PC: 509(A)(1) OR (2)
AMERICA'S FRONTIER FUND PROJECT
3,000,000
NEW VENTURE FUND
1201 CONNECTICUT AVE NW STE 300
WASHINGTON
,
DC
20036
PC: 509(A)(1) OR (2)
SCIENCE PHILANTHROPY ALLIANCE
100,000
NUCLEATE BIO INC
88 GORDON ST 401
BRIGHTON
,
MA
02135
NC
FOSTERING INAUGURAL YEAR OF NUCLEATE (STUDENT-LED BIO ENTREPRENEURSHIP)
100,000
OHIO STATE UNIVERSITY FOUNDATION
1480 W LANE AVENUE
COLUMBUS
,
OH
43221
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
,
CA
91711
NONE
I: INDIVIDUAL
SUPPORT FOR STUDENTS QUALIFIED TUITION AND RELATED EXPENSES - C.C.
25,000
POMONA COLLEGE
150 E EIGHTH STREET
CLAREMONT
,
CA
91711
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
,
MA
02138
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
,
MA
02138
PC: 509(A)(1) OR (2)
RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION
25,000
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
1033 MASSACHUSETTS AVENUE
CAMBRIDGE
,
MA
02138
NONE
I: INDIVIDUAL
REIMAGINE CHALLENGE 2020 GLOBAL COMPETITION SCHOLARSHIP - S.W. (STUDENT)
25,000
RD
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
RECIDIVIZ INC
1655 PINE LANE
PROVO
,
UT
84604
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
,
VA
23117
PC: 509(A)(1) OR (2)
TIKTOK OBSERVATORY PROJECT
106,470
ROCKEFELLER PHILANTHROPY ADVISORS INC
6 WEST 48TH STREET 10TH FLOOR
NEW YORK
,
NY
10036
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
,
NY
10036
PC: 509(A)(1) OR (2)
AFGAN FUTURE FUND
100,000
SG
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
SM
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
SOCIAL FINANCE INC
10 MILK STREET SUITE 1010
BOSTON
,
MA
02108
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
,
VA
22201
PC: 509(A)(1) OR (2)
AFGAN EMERGENCY FUND PROJECT
250,000
TD
555 BRYANT ST STE 374
PALO ALTO
,
CA
94301
NONE
I: INDIVIDUAL
ISRAELI POST DOC AWARDS
50,000
TECNOLOGICO DE MONTERREY FOUNDATION
13020 SW 133RD COURT MIAMI
MIAMI
,
FL
33186
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
,
DC
20037
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
,
WI
537151218
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
,
CA
94063
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
,
CA
94063
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
,
CA
94063
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
,
DC
20016
NC
CREATION OF EDUCATIONAL CONTENT FOR THE LEARNING ENGINEERING RESEARCH NETWORK
200,000
THE MILLER CENTER FOUNDATION
PO BOX 400406
CHARLOTTESVILLE
,
VA
22904
PC: 509(A)(1) OR (2)
PRIVATE NATIONAL COVID-19 COMMISSION
417,000
THE NEW SCHOOL
72 5TH AVENUE 2ND FLOOR
NEW YORK
,
NY
10003
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
,
NY
10003
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
,
CA
94704
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
,
PA
19104
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
,
PA
19104
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
,
DC
20024
GOV
LEARNING PLATFORMS PRIZE
500,000
UNITED WAY OF DANE COUNTY INC
2059 ATWOOD AVENUE
MADISON
,
WI
53704
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
,
QUEBEC
H3T 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
,
OR
97403
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
,
CA
90089
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
,
CA
90089
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
,
CA
90089
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
,
UT
84112
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
,
DC
20036
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
,
UT
84098
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
,
MA
01609
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
,
CT
06521
PC: 509(A)(1) OR (2)
SUPPORT FOR THE RE-IMAGINE CHALLENGE 2020 GLOBAL COMPETITION
50,000
YALE UNIVERSITY
PO BOX 2038
NEW HAVEN
,
CT
06521
NONE
I: INDIVIDUAL
SUPPORT FOR STUDENT'S QUALIFIED TUITION AND RELATED EXPENSES - P.M.
25,000
YALE UNIVERSITY
PO BOX 2038
NEW HAVEN
,
CT
06521
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
,
DC
20036
PC: 509(A)(1) OR (2)
US-CHINA FUTURES (YPFP)
50,000
Total
.................................
3a
35,697,623
b
Approved 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
,
NY
10003
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
.................................
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
14
4,755,180
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:
a
Debt-financed property
......
b
Not 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:
a
RETURNED GRANTS
5,897
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
52,691,903
5,897
13
Total.
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.
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2021)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description