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Filing year 2023

The David and Lucile Packard Foundation

Los Altos, California·EIN 94-2278431·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$407.6M
Total assets
$8.3B
Total expenses
$458.2M
Reported officers
19

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

Chief Investment Officer
Unclassified
$3.2M
$3.5M
President & CEO
Above 90th percentile
$850k
$930k
CFO & COO
Above 90th percentile
$531k
$581k
Secretary & General Counsel
Board Secretary
Above 90th percentile
$449k
$492k
Chief People Officer
Unclassified
$393k
$430k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The David and Lucile Packard Foundation equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$367M

Itemized grants

1,097

Median grant

$150k

RecipientLocationPurposeAmount
Monterey Bay Aquarium Research InstituteMoss Landing, CAMBARI$53.1M
RF Catalytic Capital IncNew York City, NYSpecial Initiatives$25M
Monterey Bay Aquarium Research InstituteMoss Landing, CAMBARI$15M
The Energy FoundationSan Francisco, CAEnvironment and Science$7.6M
Climate Breakthrough IncBerkeley, CAEnvironment and Science$6M
Monterey Bay Aquarium FoundationMonterey, CAEnvironment and Science$5M
Rockefeller Philanthropy Advisors IncNew York City, NYJust Societies$5M
Resources Legacy FundSacramento, CAFamilies and Communities$4M
Climate Breakthrough IncBerkeley, CAEnvironment and Science$3.5M
Rockefeller Philanthropy Advisors IncNew York City, NYJust Societies$3.5M
American Online Giving FoundationNewark, DEMatching Gift - General Operating Support$3.1M
ClimateWorks FoundationSan Francisco, CAEnvironment and Science$2.5M
Capital for Good USAPaoli, PAJust Societies$2M
United States Energy FoundationSan Francisco, CAEnvironment and Science$2M
Administrators of the Tulane Educational FundNew Orleans, LAJust Societies$1.5M
Hope Enterprise CorporationJackson, MSSpecial Initiatives$1.5M
Planned Parenthood Mar Monte IncSan Jose, CAFamilies and Communities$1.5M
PolicyLinkOakland, CAJust Societies$1.5M
Protect Democracy ProjectWashington, DCJust Societies$1.5M
IPASChapel Hill, NCJust Societies$1.4M
DKT International IncWashington, DCJust Societies$1.3M
Rockefeller Philanthropy Advisors IncNew York City, NYOrganizational Effectiveness$1.3M
IPASChapel Hill, NCJust Societies$1.2M
United Nations Educational Scientific and Cultural OrganizationFRSpecial Initiatives$1.1M
Carnegie Endowment for International PeaceWashington, DCSpecial Initiatives$1.1M
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The David and Lucile Packard Foundation

What does the Chief Executive Officer of The David and Lucile Packard Foundation earn?

In 2023, the Chief Executive Officer of The David and Lucile Packard Foundation received $849,535 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The David and Lucile Packard Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2023 pay of the Chief Executive Officer at The David and Lucile Packard Foundation falls in the top 10%. In 2023, the highest total compensation at The David and Lucile Packard Foundation equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The David and Lucile Packard Foundation's revenue and expenses?

In 2023, The David and Lucile Packard Foundation reported $407.6M in total revenue and $458.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.