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THE DAVID AND LUCILE PACKARD FOUNDATION

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Public IRS 990 nonprofit record

THE DAVID AND LUCILE PACKARD FOUNDATION

EIN 94-2278431 · Private Grantmaking Foundations (T20)

What they do

THE DAVID AND LUCILE PACKARD FOUNDATION .

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$79.33spent for every $100 of revenueRevenue covered expenses this year.
$18.91in assets for every $1 spent this yearSome assets cannot be spent right away.
0.0%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,213,324 for KIMBERLY SARGENT (CHIEF INVESTMENT OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$569,876,756
Expenses$452,085,577
Annual surplus $117,791,179 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$569,876,756
Expenses$452,085,577
Assets$8,547,237,871
Income$55,929,095
Contributions$42,100
Grants given$3,016,463,559
Average grant$316,756
Executive compensation (total)$4,725,889
Stocks and bonds$424,273,520
Accounting fees$614,356
Investing fees$2,006,080
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
KIMBERLY SARGENTCHIEF INVESTMENT OFFICER · 40 hrs/week $3,213,324
SILPA S PERICHERLAMANAGING DIRECTOR · 40 hrs/week $1,384,774
CHRISTINE ORTIZ ARENTMANAGING DIRECTOR · 40 hrs/week $1,244,206
STEPHEN BLUESTEINMANAGING DIRECTOR · 40 hrs/week $1,136,606
BEN CHIQUOINEMANAGING DIRECTOR · 40 hrs/week $1,031,532
DAVID R CORMIERINVEST OPS DIRECTOR · 40 hrs/week $933,682
NANCY LINDBORGPRESIDENT & CEO · 40 hrs/week $922,198
CRAIG T NEYMANCFO & COO · 40 hrs/week $559,861
EMILY FANSECRETARY & GENERAL COUNSEL · 40 hrs/week $498,844
LISA CLARKCHIEF PEOPLE OFFICER · 40 hrs/week $437,307

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

KIMBERLY SARGENTCHIEF INVESTMENT OFFICER

SILPA S PERICHERLAMANAGING DIRECTOR

CHRISTINE ORTIZ ARENTMANAGING DIRECTOR

STEPHEN BLUESTEINMANAGING DIRECTOR

BEN CHIQUOINEMANAGING DIRECTOR

DAVID R CORMIERINVEST OPS DIRECTOR

NANCY LINDBORGPRESIDENT & CEO

CRAIG T NEYMANCFO & COO

EMILY FANSECRETARY & GENERAL COUNSEL

LISA CLARKCHIEF PEOPLE OFFICER

STEPHEN LOCKHARTTRUSTEE

ANNE GATESTRUSTEE

SIERRA CLARKTRUSTEE

MIMI ALEMAYEHOUTRUSTEE (AS OF JUNE 2024)

MICHAEL C CAMUNEZTRUSTEE

MICHAEL KLAGTRUSTEE

MARIELENA HINCAPIETRUSTEE

LOUISE STEPHENSTRUSTEE

LINDA MASONTRUSTEE (THROUGH JUNE 2024)

KO BARRETTTRUSTEE (THROUGH JULY 2024)

KATHERINE ORRTRUSTEE

JULIE E PACKARDVICE CHAIR

JASON K BURNETTCHAIR

DAVID M ORRTRUSTEE

About this charity

Recognized since
January 1964
Location
343 Second Street, Los Altos, CA 940223622
County
Santa Clara
In care of
Craig Neyman
Primary officer
Craig Neyman, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
CROWE LLP
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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