Just as Hewlett-Packard technology products can perform a wide range of tasks, the David and Lucile Packard Foundation works in a variety of areas to “improve the lives of children, families, and communities –– and to restore and protect our planet.” HP co-founder David Packard and his wife, Lucile, established the foundation in 1964. With $5.7 billion in assets, according to the Foundation Center, it awards grants in the areas of conservation and science; population and reproductive health; and children, families, and communities. The foundation also has a local grantmaking program that supports geographic areas of special significance to the Packard family. The five counties surrounding the foundation’s Los Altos, Calif., headquarters –– San Mateo, Santa Clara, Santa Cruz, Monterey, and San Benito –– and Packard’s hometown of Pueblo, Colo., all receive unique attention in this local grantmaking program. Program-related investments are also made by the foundation in its overall philanthropy.
