Schmidt Futures is a philanthropic initiative, founded by Eric and Wendy Schmidt, that finds exceptional people and helps them do more for others together. We knit talent into networks, bet on the most promising ideas through diverse forms of competition and support, and equip people to scale through partners and modern tools.
To realize this vision, Schmidt Futures uses a broad set of tools – including gifts, grants, investments, and startup activity – for charitable, educational, and commercial efforts with a public purpose.
Our initiative brings together efforts of various charitable and non-charitable entities to improve our potential impact by making diverse types of capital available to efforts we support
Lumina Foundation is an independent, private foundation in Indianapolis that is committed to making opportunities for learning beyond high school available to all. We envision a system that is easy to navigate, delivers fair results, and meets the nation’s need for talent through a broad range of credentials
Lumina Foundation works with governmental, nonprofit, and private-sector organizations to bring about change. We rely on communications outreach, meetings, and events that engage and mobilize people, state and federal policy outreach, investments in proven and promising practices, and targeted efforts to measure and evaluate progress. Learn more about the Leadership Model of Philanthropy.
In 1962, Sam Walton opened the doors of the first Walmart. He recognized the value of bringing affordable products to people in small towns. Walmart has been helping people save money – and live better – ever since. In 1982, the Walmart Foundation was created to help support the communities Walmart serves. Together, Walmart and the Walmart Foundation generally provide more than $1 Billion in cash and in-kind annual giving. We focus on areas where we can do the most good – combining the unique strengths of the business alongside our philanthropy. Our ability to draw on Walmart business strengths, providing more than just funding, enables our philanthropy to deliver greater societal impact.
Walton Family Foundation
The Walton Family Foundation is, at its core, a family-led foundation. Three generations of the descendants of our founders, Sam and Helen Walton, and their spouses, work together to lead the foundation and create access to opportunity for people and communities. We believe the best ideas can come from anywhere, so we stay open to new thinking from all over. And we partner with those who are closest to the problem because they’re usually closest to the solution.
We work in three areas: improving K-12 education, protecting rivers and oceans and the communities they support, and investing in our home region of Northwest Arkansas and the Arkansas-Mississippi Delta.
In 2018, the foundation awarded more than $595 million in grants to further our mission. Our headquarters are in Bentonville, Arkansas, with offices in Washington, D.C.; Jersey City, New Jersey; and Denver, Colorado.
The National Center for Higher Education Management Systems (NCHEMS) is the implementation partner for this initiative. NCHEMS is a private nonprofit organization whose mission is to improve strategic decision making in postsecondary education for states, systems, institutions, and workforce development organizations in the United States and abroad.