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Eric Smidt

Eric Smidt

American businessmen

CaliforniaRetail

AIProfile Summary

Eric Smidt is an American businessman in the retail industry based in California, born in 1960, with an estimated net worth of ~$17.9B. Wikidata

Philanthropy

Two foundations associated with Smidt reported a combined $332,590,527 in total assets for tax year 2023, and reported $0 in grants paid that year. The Smidt Foundation (Beverly Hills, CA) reported $267,841,665 in assets, $6,459,114 in revenue, and $26,913,265 in expenses in 2023. The Smidt Fam Foundation (Newbury Park, CA) reported $64,748,862 in assets, $1,999,703 in revenue, and $3,151,517 in expenses in 2023. ProPublica 990

Political Activity

Federal Election Commission records show 100 contributions totaling $181,288.25 from 2016-10-10 to 2025-09-30. The largest recipient listed is TAKE BACK 2020 ($100,000), followed by Collins Victory Committee ($10,000), Tom Rice for Congress ($8,700), Collins for Senator ($7,000), and Alex Padilla for Senate ($5,600). By party coding, $25,904.25 went to Democrats, $21,269 to Republicans, and $134,115 to PACs/other recipients. FEC

AI-generated summary from wikidata, propublica_990, fec 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$332.6MFoundation Assets
$25.8MGrants Paid
2Foundations
Smidt FoundationBeverly Hills, CA
Private grantmaking foundation (IRS NTEE T20)
Assets: $267.8MRevenue: $6.5MGrants: $23.3MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Smidt Fam FoundationNewbury Park, CA
Corporate foundation (IRS NTEE T21)
Assets: $64.7MRevenue: $2.0MGrants: $2.5MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$181KTotal Contributed
100Contributions
2016–2025Date Range

By Party

PAC/Other
$134K
DEM
$26K
REP
$21K

Top Recipients

TAKE BACK 2020$100K
COLLINS VICTORY COMMITTEE$10K
TOM RICE FOR CONGRESS$9K
COLLINS FOR SENATOR$7K
ALEX PADILLA FOR SENATE$6K
Source: FEC contribution filings · latest on record (retrieved 3/9/2026) (fec)

PBSScore Breakdown

B
48.1
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
27%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
88%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Eric Smidt — Public Benefit Score B (48) | Billionaire Army