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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]
The David and Lucile Packard Foundation Headquarters is the corporate headquarters of the David and Lucile Packard Foundation, located in Los Altos, California.The Packard Foundation was created in 1964 by David Packard and his wife Lucile Salter Packard, one of the top 100 grant-making foundations in the United States, with the goals of improving the lives of children, enabling the creative ...
From 1969 to 1988, the campus was a high-security storage facility operated by the Federal Reserve Board.With the approval of the United States Congress in 1997, it was purchased by the David and Lucile Packard Foundation from the Federal Reserve Bank of Richmond via a $5.5 million grant, done on behalf of the Library of Congress.
MBARI was founded in 1987 by David Packard, and is primarily funded by the David and Lucile Packard Foundation. Christopher Scholin serves as the institute's president and chief executive officer, managing a work force of approximately 220 scientists, engineers, and operations and administrative staff.
The "David and Lucile Packard Foundation" was created in 1964 by David Packard (1912–1996), the co-founder of the Hewlett-Packard Company, and Lucile Salter Packard (1914–1987)” (“About the Foundation”). The Packard Foundation is an organization that provides volunteer leadership and private funding for the benefit of the public. "The ...
During its first ten years, the foundation awarded grants of approximately $15.3 million. [22]The foundation's endowment kept growing considerably, with Flora Hewlett's estate bolstering it to more than $300 million in 1981 and the foundation's assets reaching more than $800 million by the 1990s, an increase of more than 30 times.
Lucile Packard (1914–1987) and her husband, David (1912–1996), co-founder of Hewlett Packard Company, were dedicated to children and were the driving force behind the development of Lucile Packard Children's Hospital. There are several distinct organizations that bear Lucile Packard's name.
He died on March 26, 1996, at age 83 in Stanford, California, leaving approximately $4 billion (the bulk of his estate) to the David and Lucile Packard Foundation, including large amounts of valuable real property in Los Altos Hills. All three Packard daughters sit on the foundation's board of trustees.