David And Lucile Packard Foundation

David And Lucile Packard Foundation Overview

David And Lucile Packard Foundation is located in Los Altos, CA. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, David And Lucile Packard Foundation generated $583.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $391.9m during the year ending 12/2019. While expenses have increased by 1.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, David And Lucile Packard Foundation has awarded 6,281 individual grants totaling $2,202,054,120. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAINTAINS THE TAAFFE PROPERTY IN LOS ALTOS HILLS. THE TOWN OF LOS ALTOS HILLS HAS GRANTED A PATHWAY EASEMENT ACROSS THE PROPERTY AND A CONSERVATION EASEMENT TO PROTECT THE ORCHARD AND RIPARIAN AREAS. THE EXISTING RESIDENCE ON THE PROPERTY WAS REMODELED FOR USE BY THE FOUNDATION SPECIFICALLY AS A MEETING AND CONFERENCE FACILITY. IT IS APPROPRIATELY STAFFED AND CONFIGURED TO ACCOMODATE MEETING AND THEREFORE, SERVES AS A CONFERENCE CENTER FOR USE BY STAFF, GRANTEES, AND LOCAL COMMUNITY GROUPS.


THE PACKARD FELLOWSHIPS IN SCIENCE AND ENGINEERING ENCOURAGE THE NATION'S MOST PROMISING EARLY-CAREER UNIVERSITY PROFESSORS TO PURSUE THEIR SCIENCE AND ENGINEERING RESEARCH WITH FEW FUNDING RESTRICTIONS. EACH YEAR, UP TO 20 FELLOWS ARE SELECTED, WITH APPROXIMATELY 120 ACTIVE FELLOWS AT ANY TIME. IN 2019, 22 FELLOWS RECEIVED AWARDS. THE FOUNDATION HOPES THAT THESE EXCEPTIONAL SCIENTISTS AND ENGINEERS WILL REMAIN WITHIN ACADEMIA TO CONDUCT BASIC RESEARCH AND TO TEACH THE NEXT GENERATION OF SCIENCE LEADERS. EACH YEAR, THE FOUNDATION CONVENES A NATIONAL MEETING FOR THESE EXCEPTIONAL SCIENTISTS TO PRESENT THE RESULTS OF THEIR RESEARCH.


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David And Lucile Packard Foundation Vendors

Vendor Name (Service)Compensation
Northern Trust
$1,178,158
Institute Of International Education Inc
$1,051,901
Pacific Investment Management Company Llc
$475,225
Cea Consulting
$550,590
Mathematica Policy Research Inc
$536,844
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,750,000
Interest on Savings $76
Dividends & Interest $51,415,761
Net Rental Income$258,519
Net Gain on Sale of Assets $521,438,297
Capital Gain Net Income $289,236,886
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $8,548,891
Total Revenue $583,512,886

David And Lucile Packard Foundation Grants Awarded

Over the last fiscal year, David And Lucile Packard Foundation has awarded $470,881,696 in support to 1,189 organizations.

Grant RecipientAmount

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE

Org PageRecipient Profile

Moss Landing, CA

PURPOSE: MBARI

$47,406,827

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE

Org PageRecipient Profile

Moss Landing, CA

PURPOSE: MBARI

$45,365,385

CLIMATEWORKS FOUNDATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: CONSERVATION AND SCIENCE

$32,895,050

LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH

Org PageRecipient Profile

Palo Alto, CA

PURPOSE: LPFCH

$20,000,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

Org PageRecipient Profile

New York, NY

PURPOSE: CONSERVATION AND SCIENCE

$18,890,000

ENERGY FOUNDATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: CONSERVATION AND SCIENCE

$9,780,000
View Grant Profile

David And Lucile Packard Foundation Grants Recieved

Over the last fiscal year, we have identified 2 grants that David And Lucile Packard Foundation has recieved totaling $5,250.

Awarding OrganizationAmount
Whalley Foundation Inc

Houston, TX

PURPOSE: FUND PROGRAMS

$5,000
The Frederick & Patricia Supper Foundation Inc

Sheridan, WY

PURPOSE: OPERATING GRANT

$250
View Grant Recipient Profile

David And Lucile Packard Foundation Peer Organizations

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