The David and Lucile Packard Foundation is a

private foundation A private foundation is a Tax exemption, tax-exempt organization that does not rely on broad public support and generally claims to serve humanitarian purposes. Unlike a Foundation (nonprofit), charitable foundation, a private foundation does no ...

that provides grants to

not-for-profit A not-for-profit or non-for-profit organization (NFPO) is a Legal Entity, legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. While not-for-profit organizations and Nonprofit organ ...

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. 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.

Financials

As of December 2015, the Foundation's investment portfolio totaled $6.7 billion. General program grant awards for 2015 totaled $307 million. According to the

OECD The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...

, the David and Lucile Packard Foundation provided US$122.9 million for development in 2018, all of which was related to its grant-making activities.

Areas of funding

The majority of grants are distributed among four main program areas: Conservation and Science; Population and Reproductive Health; Children, Families, and Communities; and Local Grantmaking. The Foundation also deploys Mission Investments to expand the impact of grantmaking by making loans and equity investments to further programmatic goals.

Conservation and Science

The Conservation and Science program invests in actions and ideas that conserve and restore ecosystems while enhancing human well-being. It promotes effective management of fisheries and an end to both overfishing and destructive fishing methods. It promotes sustainability in coastal systems in three specific locations:

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

's coast, the Gulf of California, and the Western Pacific. It funds marine research and management for coastal-marine systems. It supports energy policy reforms and research in the United States, China, and the Amazon. The program also provides academic grants for university researchers. The foundation also funds the Monterey Bay Aquarium Research Institute, an oceanography research center, and the Center for Ocean Solutions, which brings together marine science and policy to develop solutions to the challenges facing the ocean.

Population and Reproductive Health

The Foundation supports programs that promote the rights of individuals to make educated decisions about family planning. The program is focused specifically (but not exclusively) on Ethiopia, Rwanda, Democratic Republic of the Congo, India, and the southern United States.

Children, Families, and Communities

The Children, Families, and Communities program area is focused on providing early education through the Preschool for California's Children program. The program area also supports Health Insurance for all children and after-school programs for elementary and middle school students in California.

Local Grantmaking

The Local Grantmaking Program makes investments in the five contiguous counties of San Mateo, Santa Clara, Santa Cruz, San Benito and Monterey—as well as Pueblo, Colorado, the birthplace of David Packard.

Packard Fellowships for Science and Engineering

Established in 1988, the annual Packard Fellowship for Science and Engineering is the largest award given to young faculty in STEM fields, and is widely regarded as one of the most prestigious awards given to junior faculty members. Fellows receive an award of $875,000, distributed over five years, which has "no strings attached" and are designed to provide maximum flexibility in pursuing new scientific questions and frontiers in their fields of study. Each year, the Foundation invites the presidents of 50 universities to nominate two early-career professors each from their institutions. An advisory panel of distinguished scientists and engineers carefully reviews the nominations and selects roughly 18 Fellows to receive individual grants of $875,000, distributed over five years. Packard Fellows' work has contributed to breakthroughs like the creation of the CRISPR-Cas9 gene-editing technique, the discovery of soft tissues in dinosaur fossils, and the first-ever observation of a neutron star collision. Fellows have gone on to receive a range of accolades, including

Nobel Prize The Nobel Prizes ( ; ; ) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred N ...

s in Chemistry and Physics, the

Fields Medal The Fields Medal is a prize awarded to two, three, or four mathematicians under 40 years of age at the International Congress of Mathematicians, International Congress of the International Mathematical Union (IMU), a meeting that takes place e ...

, the Alan T. Waterman Award, elections to the National Academies, and MacArthur, Sloan, Searle, and Guggenheim fellowships.

References

{{Authority control Medical and health foundations based in the United States Charities based in California Educational foundations based in the United States Scientific foundations based in the United States Child-related organizations in the United States Conservation and environmental foundations based in the United States Organizations based in Santa Clara County, California David and Lucile Packard Foundation David and Lucile Packard Foundation David and Lucile Packard Foundation David and Lucile Packard Foundation David and Lucile Packard Foundation David and Lucile Packard Foundation Foundations based in the United States