On his death, approximately $4 billion was given to the Packard Foundation, including large amounts of valuable real property in Los Altos Hills.
The Packard Foundation has no intention, and no obligation, to sell much of its Hewlett-Packard stock, officials said.
The gift will make the Packard Foundation one of the richest in the country.
In 1987 was purchased and restored by the David and Lucile Packard Foundation.
He conducted a field analysis of post-Fox media in Mexico for Internews, a project funded by the Packard Foundation.
With more than 10 percent of the company's shares, the Packard Foundation is the largest single shareholder in Hewlett-Packard.
But the next step is the decision of the company's biggest shareholder, the Packard Foundation.
How family ties might affect the decision of the Packard Foundation, if at all, is difficult to say.
The Packard Foundation is an organization that provides volunteer leadership and private funding for the benefit of the public.
"The Packard Foundation is committed to advancing collaborative research and grant-making in the sciences as a critical component of long-term conservation" (Foster: 2006).