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
Howard Schmidt be stepping down as the White House's CyberSecurity Coordinator at the end of the month, citing a desire to focus on family and pursue teaching in the cyber field. He was replaced by Michael Daniel, chief of the White House budget office's intelligence branch. Schmidt also had an active career in private industry and professional organizations. In 1997, Schmidt joined Microsoft, as the director of information security, chief information security officer (CISO), and chief security officer (CSO). He was the co-founder of the Trustworthy Computing Security Strategies Group. Schmidt served on the Executive Committee of the Information Technology Sector Coordination