#383 of 500 · Foundation / Grantmaker / DAF

David And Lucile Packard Foundation

EIN 94-2278431 · CA · NTEE T20 · Form 990-PF, fiscal 2023

A private grantmaking foundation based in Los Altos, California, established in 1964 by Hewlett-Packard co-founder David Packard and his wife Lucile. It makes grants supporting conservation and climate, ocean health, science, reproductive health, children and families, and local community organizations, both in the United States and internationally. As a family foundation with a large endowment, it distributes substantial annual grants to nonprofit organizations pursuing its programmatic goals.

Financials, fiscal 2023

Revenue

$407.6M

Expenses

$458.2M

Total assets

$8.32B

Net assets

$8.02B

Operating margin

-12.4%

1-year growth

-17.9%

5-year growth (CAGR)

-8.6%

Reserve (years of spending)

210.0

Contributions share

n/a

Programme spending

n/a

Fundraising cost

n/a

Executive pay share

1.18%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

59

NFP Health Score: 67 / 100

Financial 48 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To collaborate with people and communities to develop lasting solutions that support just societies and a healthy, resilient natural environment.

Revenue history