Schmidt Family Foundation Schmidt Family Foundation The Schmidt Family Foundation is a private foundation created in 2006 by Eric Schmidt, the Executive Chairman of Google, and his wife Wendy Schmidt, to address issues pertaining to sustainability and the responsible use of natural resources. The foundation was established in 2006 by Eric and Wendy Schmidt, with assets valued at $82 million. As of December 31, 2011, the foundation’s assets were valued at $178 million, which included $30.7 million in Google Class A stock. The foundation is focused on the application of new knowledge and innovation and advancement original research in science, energy, and biosphere
Herb Pardes John J. Mack, chairman of the board of trustees, New York-Presbyterian Hospital, informed staff "that Dr. Herb Pardes has decided to retire at the end of 2011 as our President and Chief Executive Officer … While Dr. Pardes is stepping down as CEO at the end of 2011, the intention is that he will continue to play a vital role at the hospital beyond that time." In 2014, the Brain & Behavior Research Foundation announced a new Pardes Humanitarian Prize in Mental Health would be named in honor of Dr. Pardes for his profound impact on the lives of people