American Dream: Behind a Tech Billionaire’s Bid to Bolster the Middle Class

May 2, 2021

When Eric Schmidt stepped down as executive chairman of Alphabet Inc., one thing was clear: His philanthropic career was just getting underway. Worth around $14 billion, Schmidt has the heft to pour significant resources into Schmidt Futures, the “venture facility for public benefit” he unveiled with his wife Wendy in 2017. Schmidt Futures embraces a range of strategies, from traditional grantmaking to private investing and startup incubation.

Read a PDF of the articl that appeared in Inside Philanthropy.