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THE DAVID AND LUCILE PACKARD FOUNDATION

THE DAVID AND LUCILE PACKARD FOUNDATION

LOS ALTOS, CA, US
•
501(c)(3)
•
EIN
94-2278431
•
WWW.PACKARD.ORG
•
Open for Solicitation
Private Foundation
Major Foundation
Family Foundation
Regional Funder
funder logo

THE DAVID AND LUCILE PACKARD FOUNDATION

LOS ALTOS, CA, US
•
501(c)(3)
•
EIN
94-2278431
•
WWW.PACKARD.ORG
•
Open for Solicitation
Private Foundation
Major Foundation
Family Foundation
Regional Funder
Overview
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Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$569,876,756

Other
91%
Investments
9%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$452,085,577

Grants
81%
Salaries & Benefits
10%
Other
5%
Fees to Service Providers
3%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$46,977,210
$53,815,370
+15%
Other
$360,625,136
$516,061,386
+43%
Total Revenues
$407,602,346
$569,876,756
+40%
Expenses
2023
2024
Change
Grants
$371,574,675
$366,176,787
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$43,971,830
$45,475,749
+3%
Fees to Service Providers
$14,630,349
$12,606,429
-14%
Advertising & Promotion
$278,840
$319,238
+14%
Offices, Occupancy & IT
$1,778,317
$1,981,887
+11%
Interest
$146,983
$0
-100%
Depreciation
$2,471,222
$2,568,176
+4%
Other
$23,364,307
$22,957,311
-2%
Total Expenses
$458,216,523
$452,085,577
-1%
Net income
2023
2024
Change
Net income
-$50,614,177
+$117,791,179
-333%
Income Statement
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