The Eric and Wendy Schmidt Fund for Strategic Innovation
Private foundation Palo Alto, CA Still adding venture funds
The Eric and Wendy Schmidt Fund for Strategic Innovation reports 10 venture funds, $43M in all; 1 is new since its last report.
Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 1 fund on this one was not on the one for December 31, 2023.
The numbers
| Vintage | Venture funds |
|---|---|
| 2017 | 1 |
| 2018 | 0 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 2 |
| 2023 | 1 |
Updates from The Eric and Wendy Schmidt Fund for Strategic Innovation
All of The Eric and Wendy Schmidt Fund for Strategic Innovation’s updates on Hottub VC
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Westbridge Crossover Tranche III LLC | Westbridge Capital | — | $11M |
| Tiger Global PIP XI, LP | Tiger Global Management | — | $5.3M |
| Tiger Global PIP XII, LP | Tiger Global Management | — | $5.1M |
| Tiger Global PIP X, LP | Tiger Global Management | — | $4.8M |
| Samsara Biocapital, LP | Samsara Biocapital, LLC | 2017 | $4.4M |
In the app: 5 more venture funds. Open The Eric and Wendy Schmidt Fund for Strategic Innovation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- The Schmidt Family Foundation
- The Skoll Foundation
- The Carl Victor Page Memorial Foundation
- Additional Ventures Foundation
- Dhanam Foundation
- Jeremy Lin Foundation
- Mae Philanthropies
- 128 Collective Foundation
106 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.