The David and Lucile Packard Foundation is a

private foundation A private foundation is a tax-exempt organization not relying on broad public support and generally claiming to serve humanitarian purposes. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion ...

that provides grants to

not-for-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

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 David and Lucile Packard Foundation provided USD 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'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 A neutron star merger is a type of stellar collision. It occurs in a fashion similar to the rare brand of type Ia supernovae resulting from merging white dwarf stars. When two neutron stars orbit each other closely, they gradually spiral in ...

. Fellows have gone on to receive a range of accolades, including Nobel Prizes 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 the International Mathematical Union (IMU), a meeting that takes place every four years. The name of the award ho ...

, the

Alan T. Waterman Award The Alan T. Waterman Award, named after Alan Tower Waterman, is the United States's highest honorary award for scientists no older than 40, or no more than 10 years past receipt of their Ph.D. It is awarded on a yearly basis by the National Scienc ...

, elections to the National Academies, and MacArthur, Sloan,

Searle Searle may refer to: __NOTOC__ Persons * Searle (surname) * J. Searle Dawley (1877–1949), American film director, producer, screenwriter, stage actor and playwright * Searle Turton (born 1979), Canadian politician Places * Serle, a comune in Lomb ...

, and Guggenheim fellowships.

References

{{DEFAULTSORT:Packard Medical and health foundations in the United States Charities based in California Educational foundations in the United States Scientific research foundations in the United States Child-related organizations in the United States Conservation and environmental foundations 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