Rise is the anchor program of a $1 billion philanthropic commitment by Eric and Wendy Schmidt, founders of Schmidt Futures, to talent serving others.
Exceptional talent drives the pace and scale of global progress. However the identification and support of that talent is often ad hoc and fragmented across countries, educational institutions, and industries. As a result, some of the world’s most talented people never realize their potential for global impact: they go undiscovered, are inefficiently matched to development opportunities, or are limited in their opportunity to work in service of the public benefit as they enter the workforce.
Rise is a new talent program designed to increase opportunity for exceptional young people who need it to do more for others, together, throughout their lives.
This program—an initiative of Schmidt Futures and the Rhodes Trust—will build a network of exceptional young people who are committed to helping others throughout their lives.
The program will be designed to encourage a lifetime of service and learning by providing support that could include scholarships, career services, and funding opportunities to help these leaders serve others for decades to come.
Rise cohort members, who will apply between the ages of 15 and 17, will be eligible for various types of support. They will be invited to attend a residential fellowship before their final year of high school that will support them as they consider how to serve others, how to become leaders, and how to transition to higher education and careers. Participants may also receive scholarships to continue their education, mentorship and other assistance tailored to their specific needs and interests, and a variety of career services as part of the Rise network.
To encourage service, Rise will invite its community members to make service commitments together and develop a platform to match network members with common interests. Among a range of pursuits, we envision that Rise winners will create policy, build new enterprises that benefit the public, catalyze new interdisciplinary areas of study, and develop new solutions to the world’s hardest problems.
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Eric and Wendy Schmidt Announce New $1 Billion Philanthropic Commitment to Identify, Develop and Support Global Talent Working in Service of Others
FOR IMMEDIATE RELEASE Contact: Karen Denne 310.869.4414 firstname.lastname@example.org Wednesday, Nov. 13, 2019 MENLO PARK, Calif.— Eric and Wendy Schmidt announced today …