[2] The foundation was established in 2006 by Eric and Wendy Schmidt, with assets valued at over $1 billion,[3] which included $307 million in Google Class A stock.

[4] The foundation is focused on the application of new knowledge and innovation and advancement original research in science, energy, and biosphere sustainability, often in collaboration with other organizations.

[5] Since 2006, the Foundation has made grants to organizations, including the Energy Foundation, the California Academy of Sciences, the Regeneration Project, the Columbia Center for Children’s Environmental Health, Green for All, Grist magazine, the Center for Investigative Reporting, the Environmental Media Association, and the Precourt Institute for Energy at Stanford University.

It works to raise awareness about climate change and renewable energy sources, and operates as part of the foundation.

Rest of World is an American nonprofit publication that covers technology stories from outside Western countries.