David and Lucile Packard Foundation

The Foundation maintains The taaffe property in los altos hills. The town of los altos hills has granted a pathway easement across The property and a conservation easement to protect The orchard and riparian areas. The existing residence on The property was remodeled for use by The Foundation specifically as a meeting and conference facility. It is appropriately staffed and configured to accomodate meeting and therefore, serves as a conference center for use by staff, grantees, and local community groups.

The Packard fellowships in science and engineering encourage The nation's most promising early-career university professors to pursue their science and engineering research with few funding restrictions. Each year, up to 20 fellows are selected. In 2022, approximately 117 fellows were active and 20 fellows received awards. The Foundation hopes that these exceptional scientists and engineers will remain within academia to conduct basic research and to teach The next generation of science leaders. Each year, The Foundation convenes a national meeting for these exceptional scientists to present The results of their research.

Program related investments (pris) are an integral part of The foun- dation's exempt programs and are undertaken to complement and extend its grantmaking activities. Pris are reviewed by The relevant program and are made to further The Foundation's charitable, edu- cational or scientific purposes and The program's goals. Pris are generally made as loans. Each pri meets The following three requirements: (a) The primary purpose of The pri is charitable; and (b) no significant purpose of The pri is profit motivated; and (c) no purpose of The pri is to attempt to influence legislation, or to participate or intervene in any political campaign, for or against, any candidate for public office.