Wendy Schmidt is an American philanthropist and the wife of Eric Schmidt, the former CEO of Google and chairman of Google holding company Alphabet. Wendy and her husband are involved in a number of philanthropic endeavors that not only fund left-of-center environmentalism and human rights initiatives but also invest in technology development, particularly artificial intelligence (AI). 1
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As of 2023, Wendy was the president of the Schmidt Family Foundation, a private foundation that supplies grants to renewable energy projects, environmentalist organizations, and other climate change-related initiatives. 1
Schmidt was listed in Chronicle of Philanthropy‘s 2025 Philanthropy 50, which lists and analyzes America’s largest and most influential donors. 2
In 2009, Wendy and Eric Schmidt founded Schmidt Ocean Institute to support scientific research. It offered ocean scientists a year-round research opportunity that would supply them with funds and publish their research. 1
Wendy once partnered with the XPrize Foundation to fund two multimillion-dollar competitions to improve oil spill cleanup techniques and create new ocean acidification sensors. 1
Wendy gave startup money to Climate Central, an environmentalist media organization. She has made grants to the University of California, Berkeley Graduate School of Journalism and the Missouri School of Journalism to their fellowship programs. She has also appeared in several documentaries and was the executive producer of Gather and The Human Element. 1
Eric and Wendy Schmidt established the Schmidt Family Foundation in 2006. The foundation, based in Palo Alto, California, was created as a 501(c)(3) private foundation. 3 In 2019, the foundation’s assets were roughly $20 million with $9.5 million in expenses that year. 4
As of 2023, Wendy was the president of the Schmidt Family Foundation. She was leading the foundation’s grantmaking program “the 11th Hour Project,” which distributes funds to environmentalist energy, conservationist, and healthy food initiatives. She was also in charge of Schmidt Marine Technology Partners, a fund for scientists and engineers dedicated to ocean ecology. 1
In 2017, Eric and Wendy Schmidt founded Schmidt Futures, a research firm and social philanthropy that serves as a fund for startups, research labs, and government agencies involved in technology research and development, especially artificial intelligence. 5
In 2022, Schmidt Futures, a scientific research firm and social philanthropy, came under fire from Politico, the Tech Transparency Project (TTP), and others for serving as Eric Schmidt’s vehicle for indirectly funding and managing the Biden administration’s AI program and other initiatives related to STEM research and development. 6
Schmidt Futures is not a standalone legal entity and is not a tax-exempt nonprofit organization. Rather, it is operated as an “initiative” by Eric Schmidt’s Futures Action Network LLC, a for-profit firm, and is funded by a number of Schmidt-related organizations like the Eric and Wendy Schmidt Fund for Strategic Innovation. 7
Eric and Wendy Schmidt Fund for Strategic Innovation is a private foundation created in 2013 to fund a host of scientific projects, educational institutions, nonprofits, and for-profit companies. In 2019, the Fund had a revenue of $128,642,441, expenses of $69,002,690, and total net assets of $439,821,026, according to its tax returns. 8
Wendy is married to Eric Schmidt. They have two children, 9 one of whom is Sophie Schmidt. She accompanies many of Eric’s technological and philanthropic endeavors and is committed to left-of-center environmentalist initiatives. Her daughter Sophie is the director of the Schmidt Family Foundation and is the founder and CEO of Rest of World, an international nonprofit journalism organization that covers technology news in countries that receive little tech news coverage. 10