Funder DirectoryThe David and Lucile Packard Foundation
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Private foundation (trust)EIN 942278431Est. 1964-05

The David and Lucile Packard Foundation

Los Altos, CA 940223622

Accepts unsolicited proposals

Total Assets

$8.3B

FY 2023

Annual Giving

$367.0M

FY 2023

Grants Made

1,097

FY 2023

Avg Grant

$335K

FY 2023

Grant Range

$3K–$53.1M

Typical

Deadlines

See www.packard.org

Applications

Programs & Activities

Program 1

$1.6M

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. In 2023, approximately 117 fellows were active and 20 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.

Program 2

$1.6M

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 meetings and therefore, serves as a conference center for use by staff, grantees, and local community groups.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$407.6M

Total Expenses

$458.2M

Qualifying Distributions

$451.9M

Distributable Amount

$429.4M

Min. Investment Return

$389.1M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

1,097 grants

Grant sizes from minimum $3K through median $150K to maximum $53.1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

500 grants

Monterey Bay Aquarium Research Institute
$68.1M
2 grants
RF Catalytic Capital Inc
$25M
1 grant
Rockefeller Philanthropy Advisors Inc
$12.6M
8 grants
Climate Breakthrough Inc
$9.5M
2 grants
The Energy Foundation
$7.6M
1 grant
Resources Legacy Fund
$6.2M
7 grants
Monterey Bay Aquarium Foundation
$5.6M
2 grants
IPAS
$4.3M
5 grants

Grant Size Distribution

500 grants

<$10K
$10–50K
$50–250K
257
grants
$250K–1M
214
grants
$1–5M
24
grants
$5M+
5
grants

Geographic Focus

34 states

California
$149.7M
52% of total
New York
$51.8M
18% of total
District of Columbia
$34.5M
12% of total
Mississippi
$5.8M
2% of total
North Carolina
$4.8M
2% of total
Louisiana
$4.8M
2% of total
Massachusetts
$4.3M
2% of total
Pennsylvania
$4.3M
1% of total
Delaware
$3.1M
1% of total
Georgia
$2.9M
1% of total

+24 more states

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The David and Lucile Packard Foundation — Grants, Financials & Contact | Grantivo