William and Flora Hewlett Foundation is a private foundation based in Menlo Park, CA that was founded in 1968. As of 2019 they had $609 million in revenue and $9.7 billion in assets.
The William and Flora Hewlett Foundation is a nonpartisan, private charitable foundation that advances ideas and supports institutions to promote a better world.
William and Flora Hewlett Foundation makes grants to other organizations, such as $21,000,000 to The Energy Foundation for "For General Operating Support"; $10,000,000 to The Jeremy and Hannelore Grantham Environmental Trust for "For the Climate Finance Partnership"; $10,000,000 to ClimateWorks Foundation for "For the Campaign for Climate Leadership"; $3,200,000 to Calcef Innovations for "For Usindia Catalytic Solar Finance Program"; and $3,000,000 to Guttmacher Institute for "For General Operating Support".
EIN:
94-1655673
City:
State:
Metro:
Website:
Phone:
(650) 234-4500
Facebook:
Twitter:
Founded:
1968
Type:
501(c)(3)
NTEE:
Revenue:
$609,135,143
Assets:
$9,761,950,364
Fiscal year end:
December
Form 990s for William and Flora Hewlett Foundation
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Jan 28, 2020 | 990PF | View PDF |
| 2017-12 | Dec 22, 2018 | 990PF | View PDF |
| 2016-12 | Dec 27, 2017 | 990PF | View PDF |
| 2015-12 | Apr 18, 2017 | 990PF | View PDF |
| 2014-12 | Feb 9, 2016 | 990PF | View PDF |
| ...and five more Form 990 PDFs |
Financials for William and Flora Hewlett Foundation
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | |
| Investment income and dividends | $43,305,130 | $33,036,577 | 31.1% |
| Net rental income | $0 | $0 | |
| Net gain from sale of non-inventory assets | $511,716,468 | $449,998,020 | 13.7% |
| Gross sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $54,113,545 | $33,339,566 | 62.3% |
| Total revenues | $609,135,143 | $516,374,163 | 18.0% |
| Field | 2018 | 2017 | % Change |
|---|
| Compensation of current officers, etc. | $4,812,254 | $4,505,007 | 6.8% |
| Non-officer salaries and wages | $23,043,872 | $20,528,568 | 12.3% |
| Pension/retirement accruals and contributions | $4,901,782 | $7,227,607 | -32.2% |
| Legal fees | $709,961 | $652,545 | 8.8% |
| Accounting fees | $629,387 | $640,085 | -1.7% |
| Other fee-for-service | $12,760,192 | $11,655,024 | 9.5% |
| Interest | $57,574 | $88,821 | -35.2% |
| Depreciation, amortization, etc. | $1,065,200 | $1,114,316 | -4.4% |
| Occupancy | $692,146 | $697,308 | -0.7% |
| Travel | $4,522,809 | $4,298,570 | 5.2% |
| Office expenses | | | |
| Grants to all govts., orgs., and individuals | $418,450,740 | $409,019,058 | 2.3% |
| All other expenses | $11,249,941 | $21,560,210 | -47.8% |
| Total expenses | $482,897,720 | $481,987,119 | 0.2% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $500 | $500 | |
| Savings, short-term investments, etc. | $68,034,084 | $134,903,992 | -49.6% |
| Accounts receivable | $5,718,431 | $4,039,820 | 41.6% |
| Pledges and grants receivable | $5,718,431 | $4,039,820 | 41.6% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $1,838,580 | $2,831,720 | -35.1% |
| Investments in government obligations | $415,662,959 | $279,902,599 | 48.5% |
| Investments in corporate stock | $2,657,332,718 | $3,341,965,570 | -20.5% |
| Investments in corporate bonds | $836,919,750 | $650,214,893 | 28.7% |
| Investments in land, buildings, and equipment | $0 | $0 | |
| Investments in mortgage loans | $0 | $0 | |
| Other types of investments | $5,735,093,874 | $5,449,699,677 | 5.2% |
| Buildings, equipment, etc. post-depreciation | $22,341,693 | $22,923,507 | -2.5% |
| Other assets | $19,007,775 | $2,394,956 | 693.7% |
| Total assets | $9,761,950,364 | $9,888,877,234 | -1.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $10,001,148 | $10,338,811 | -3.3% |
| Grants payable | $153,852,972 | $204,189,912 | -24.7% |
| Deferred revenue | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $53,445,268 | $59,161,311 | -9.7% |
| Total liabilities | $217,299,388 | $273,690,034 | -20.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $9,544,650,976 | $9,615,187,200 | -0.7% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for William and Flora Hewlett Foundation
| Vendor | Services | Amount paid | Date |
|---|
| WordPress | Content management system software | | 2020-06-15 |
| ██████████████████████ ███ | Tax accounting | | 2020-01-28 |
| █████ █████████ | Program Consultant | $395,000 | 2018-12-01 |
| ███ ██████ | Custodian Bank | $922,521 | 2018-12-01 |
| █████████ ██████ ██ | Investmnt Consultant | $520,882 | 2018-12-01 |
| ████████ ████████ █████ ███ | Program Consultant | $627,500 | 2018-12-01 |
| ███ █████████████ ███ | Program Consultant | $422,500 | 2018-12-01 |
| ███ ████████ █████████ ███████ | Insurance | | 2016-12-31 |
| ...and 12 more vendors |
Personnel at William and Flora Hewlett Foundation
| Name | Title | Compensation | Most recent data |
|---|
| Ana Marshall | Vice President and Chief Investment Officer | $2.6 million | July 14, 2019 |
| Larry D. Kramer | President | $803,647 | July 14, 2019 |
| █████████ ██████ | General Counsel and Corporate Secretary | $385,731 | July 14, 2019 |
Peer private foundations
| | Name | Type | Revenue | Location |
|---|
| 1 | The Schmidt Family Foundation (TSFF) | 501(c)(3) | $613 million | Palo Alto, CA |
| 2 | Conrad N. Hilton Foundation | 501(c)(3) | $172 million | Agoura Hills, CA |
| 3 | Gordon E and Betty I Moore Foundation | 501(c)(3) | $530 million | Palo Alto, CA |
| 4 | David and Lucile Packard Foundation | 501(c)(3) | $355 million | Los Altos, CA |
| 5 | Saul Brandman Foundation | 501(c)(3) | $226 million | Beverly Hills, CA |
| 6 | Heising Simons Foundation | 501(c)(3) | $179 million | Los Altos, CA |
| 7 | Rippleworks | 501(c)(3) | $296 million | Redwood City, CA |
| 8 | Duke Endowment | 501(c)(3) | $265 million | Charlotte, NC |
| 9 | The JPB Foundation | 501(c)(3) | $257 million | New York, NY |
| 10 | Carnegie Corporation of New York | 501(c)(3) | $231 million | New York, NY |
| 11 | The Ford Foundation | 501(c)(3) | $757 million | New York, NY |
| 12 | Mcknight Foundation | 501(c)(3) | $183 million | Minneapolis, MN |
| 13 | Foundation for A Better World | 501(c)(3) | $181 million | Marietta, GA |
| 14 | The Leona M and Harry B Helmsley Charitable Trust | 501(c)(3) | $191 million | New York, NY |
| 15 | Wellcome Trust | 501(c)(3) | $2.6 billion | United Kingdom, |
| 16 | Robert Wood Johnson Foundation (RWJF) | 501(c)(3) | $548 million | Princeton, NJ |
| 17 | Matan B'seter Foundation | 501(c)(3) | $289 million | New York, NY |
| 18 | The Grace and Mercy Foundation | 501(c)(3) | $467 million | New York, NY |
| 19 | W.K. Kellogg Foundation (WKKF) | 501(c)(3) | $386 million | Battle Creek, MI |
| 20 | William Penn Foundation | 501(c)(3) | $217 million | Philadelphia, PA |
| 21 | Wyss Foundation | 501(c)(3) | $169 million | Washington, DC |
| 22 | John S. and James L. Knight Foundation | 501(c)(3) | $186 million | Miami, FL |
| 23 | Ewing Marion Kauffman Foundation | 501(c)(3) | $177 million | Kansas City, MO |
| 24 | Richard King Mellon Foundation | 501(c)(3) | $181 million | Ligonier, PA |
| 25 | Kresge Foundation | 501(c)(3) | $275 million | Troy, MI |