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Form 990-PFTax year 2024EIN 26-4562328

Schmidt Ocean Institute

A private foundation in Palo Alto, CA. Its return for tax year 2024 lists 19 grants and $707,331 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $707,331

    Grants listed
    19
    Assets, end of year
    $108,526,993

  • Tax year 2023

    $456,059

    Grants listed
    14
    Assets, end of year
    $137,324,185

  • Tax year 2022

    $1,613,400

    Grants listed
    18
    Assets, end of year
    $99,929,562

  • Tax year 2021

    $546,000

    Grants listed
    8
    Assets, end of year
    $66,311,505

  • Tax year 2020

    $381,000

    Grants listed
    5
    Assets, end of year
    $69,289,002

  • Tax year 2019

    $0

    Grants listed
    0
    Assets, end of year
    $29,428,850

Grants paid in 2024

19 grants, largest first

As listed on the return.

  1. The Regents of the University of CaliforniaBerkeley, CA

    Seawater measurements to track ocean acidification

    $180,000
  2. Marine Technology Society IncWashington, DC

    MATE ROV Competition

    $100,000
  3. University of South Florida Foundation IncTampa, FL

    To support university programs that broaden access to the OCEAN STEAM fields and related blue economy workforce

    $100,000
  4. University Corporation for Atmospheric ResearchBoulder, CO

    National Oceans Science Bowl 2024

    $99,831
  5. Nautilus Think IncNew York, NY

    To produce original content on the UN Ocean Decade and ocean research

    $50,000
  6. Marine Technology Society IncWashington, DC

    MATE ROV 2024 Competition and Championship

    $50,000
  7. Mongabayorg CorporationMenlo Park, CA

    Scientific Expeditions series

    $35,000
  8. Fundacion TBA21Madrid, Spain

    UN Ocean Decade confeence

    $34,000
  9. World Ocean ObservatorySedgwick, ME

    World Ocean Explorer Exhibits 2024

    $15,000
  10. Marine Technology Society IncWashington, DC

    Marine Technology Society Sponsorship - Oceans (Global) Student Poster Competition

    $6,000
  11. Smithsonian InstitutionWashington, DC

    Summit on Ocean Biodiversity reception

    $5,000
  12. Institute of Electrical and Electronic EngineersNew York, NY

    IEEE AUV Symposium 2024

    $5,000
  13. Institute of Electrical and Electronic EngineersNew York, NY

    IEEE Marine Imaging Workshop 5

    $5,000
  14. Gordon Research ConferencesE Greenwich, RI

    Gordon Research Conference on Ocean Mixing

    $5,000
  15. Bigelow Laboratory for Ocean SciencesEast Boothbay, ME

    OceanHackWeek 2024

    $5,000
  16. Escuela Rural San Miguel ConimoAncud, Chile

    To support the ship-to-shore connection with local public school

    $5,000
  17. Envision Excellence in STEM EducationCleveland Heights, OH

    National STEM Festival -- student scholarships

    $4,000
  18. Society for In Vitro Biology IncorporatedMillersville, MD

    SIVB 16th International Conference sponsorship

    $3,000
  19. IOOS AssociationSilver Spring, MD

    IOOS Committee Meeting Jul 2024

    $500

Approved for future payment

3 grants

Approved in 2024 and not yet paid.

  1. Fundacion TBA21Madrid, Spain

    Third UN Ocean Decade Conference

    $66,000
  2. MATE Inspiration for InnovationMonterey, CA

    MATE Inspiration ROV Competition

    $50,000
  3. Ilustre Municipalidad de ChaitenChaiten, Chile

    To provide support for the schools of Chaiten to join the ship-to-shore program

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Science and technology6 grants $265,83163% of the total
  2. Education1 grant $100,00024% of the total
  3. Environment3 grants $50,50012% of the total
  4. Arts and culture1 grant $5,0001% of the total
  5. Social science1 grant $3,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. California2 grants $215,000
  2. District of Columbia4 grants $161,000
  3. Florida1 grant $100,000
  4. Colorado1 grant $99,831
  5. New York3 grants $60,000
  6. Maine2 grants $20,000
  7. Rhode Island1 grant $5,000
  8. Ohio1 grant $4,000
  9. Maryland2 grants $3,500

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Wendy SchmidtDIRECTOR/PRESIDENT Hours 2.5Pay $0
  • Eric SchmidtDIRECTOR/VICE PRESIDENT Hours 1Pay $0
  • John KellyTREASURER/CFO Hours 28Pay $0
  • Jyotika VirmaniEXECUTIVE DIRECTOR Hours 40Pay $522,701
  • Frances BabbSecretary Hours 0.25Pay $0

The return

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