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David and Lucile Packard Foundation
Organization logo
Headquarters entrance
Founded
1964
Founder
David Packard and Lucile Salter Packard
Location
Los Altos, California
Key people
Carol S. Larson, President and CEO David Orr, Chairman
Revenue (2017)
$536,372,952[1]
Expenses (2017)
$380,569,988[1]
Endowment
$7.1 billion[2] Endowment value as of December 31, 2014.
Website
www.packard.org
The David and Lucile Packard Foundation is a private foundation that provides grants to not-for-profit organizations. It was created in 1964 by David Packard (co-founder of HP) and his wife Lucile Salter Packard. Following David Packard's death in 1996, the Foundation became the beneficiary of part of his estate.
The foundation's goals, through the use of grants, are to "improve the lives of children, enable creative pursuit of science, advance reproductive health, and conserve and restore earth's natural systems.[3]" As of 2016, The David and Lucile Packard Foundation was the 20th wealthiest foundation in the United States.[2]
^ ab"David and Lucile Packard Foundation" (PDF). Candid. 20 November 2018. Retrieved 14 November 2019.
^ ab"Top 100 U.S. Foundations by Asset Size"
^"The David and Lucile Packard Foundation : What We Fund". Archived from the original on 2006-09-30. Retrieved 2006-03-16.
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