David and Lucile Packard Foundation
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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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Quick Facts Founded, Founder ...
Founded | 1964 |
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Founder | David Packard and Lucile Salter Packard |
Location | |
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 |
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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]