Created in 1964 by David Packard, co-founder of HP, and his wife Lucile, the David & Lucile Packard Foundation supports organizations seeking to improve the lives of children, enabling the creative pursuit of science, advancing reproductive health, and conserving and restoring the earth’s natural systems. As at December 2018, the Foundation had $7.6 billion of assets under management.
Since the 1980s, the David & Lucile Packard Foundation has been leveraging impact investments to expand its grant-making activities. The organization has invested over $760 million on both nonprofits and for-profits since launching their Program-related and Mission-related investment programs.
Mission Investing Program Overview