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Schmidt Futures sends promising tech grads to nonprofits with top salaries

Eric-Schmidt-Futures-APM-Tech-Grads-thefutureparty

Schmidt Futures sends promising tech grads to nonprofits with top salaries

 

Future. Schmidt Futures, a philanthropic initiative, runs an associate product manager program that funnels budding tech talent into nonprofits that wouldn’t be able to afford them. With Schmidt Futures writing the checks, impactful organizations with tight budgets may get the chance to update their services for a tech-driven world.

Social skills
Former Google CEO Eric Schmidt would rather you work at a nonprofit than accept that job at his former employer.

  • The two-year program rotates APMs every six months or year to new assignments to expand their impact and experience.
  • It offers APMs salaries comparable to a splashy entry position at Google ($138,000, plus a $41,000 stock grant and $22,000 bonus in NYC, for example).

The program has two major goals, according to talent program head Cassie Crockett: “to use technology to help scale up the impact of organizations that do socially beneficial work, and to create a cohort of technologists that are excited to use their skills for public benefit.”

Tech mission
According to Fast Company, the APM graduates have already made a big difference in a short amount of time.

  • One built a chat system for people to communicate with the technologically-archaic criminal justice system. It has reduced court violations and rearrest warrants by 50%.
  • Another built tech-enabled tools that can be used by farmers in Kenya in order to avoid food insecurity.

To continue the work beyond the program, Schmidt Futures has a mentorship program and provides continuing support for graduates as they ready themselves for the next stage of their careers.

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