Operating publicly as Schmidt Futures, the organization is a philanthropic initiative founded by Eric and Wendy Schmidt. Described as a "venture facility for public benefit," it aims to tackle society's most pressing challenges by investing in exceptional individuals and innovative ideas. Rather than a traditional foundation, it uses a range of tools including grants, awards, fellowships, and direct investments to support a diverse portfolio of projects and talent, particularly in fields like artificial intelligence, biology, and clean energy. The initiative includes legal entities such as Schmidt Research Partners, LLC (US) and Schmidt Futures UK Ltd (UK).

Founded in

United Kingdom