David and Lucile Packard Foundation
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.
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| Founded | 1964 |
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| Founder | David Packard and Lucile Salter Packard |
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Key people | Carol S. Larson, President and CEO David Orr, Chairman |
Revenue (2017) | $536,372,952 |
| Expenses (2017) | $380,569,988 |
| Endowment | $7.1 billion Endowment value as of December 31, 2014. |
| Website | www.packard.org |
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." As of 2016, The David and Lucile Packard Foundation was the 20th wealthiest foundation in the United States.
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