TOTAL REVENUE - FISCAL 2025
$160,912,640
Up 41.2% from $113,986,028 in fiscal 2024.
Lucile Packard Foundation For
Palo Alto, California - EIN 77-0440090 - Latest filing: fiscal 2025 (Sep 1, 2024 - Aug 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jul 14, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jul 14, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Lucile Packard Foundation For reported $160,912,640 in revenue and $177,985,656 in expenses in fiscal 2025, a deficit of $17,073,016 for the year. Program services took $134,457,994 of expenses, or 75.5%. The organization closed the year with $303,242,507 in net assets - about 20.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$177,985,656
Revenue minus expenses: -$17,073,016 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
75.5%
$134,457,994 of $177,985,656 went to program services.
NET ASSETS - END OF FISCAL 2025
$303,242,507
Total assets $346,537,752 minus total liabilities $43,295,245.
TOP EXECUTIVE PAY - FISCAL 2025
$3,727,284
Lloyd B Minor MD, Director, as reported on the fiscal-2025 Form 990, filed Jul 14, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
179 Employees
Plus 393 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jul 14, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.28 - $33,907,073 in fundraising expenses divided by $120,153,754 in total contributions. On cash contributions only: $0.30.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $120,153,754 |
| Of Which Cash Contributions | $111,960,020 |
| Of Which Donated Goods (Noncash) | $8,193,734 |
| Federated Campaigns | $98 |
| Fundraising Events | $1,291,389 |
| Government Grants | $103,000 |
| All Other Contributions | $118,759,267 |
| Program Service Revenue | $39,879,066 |
| Investment Income | $1,291,901 |
| Other Revenue | -$412,081 |
| Total Revenue (All Sources) | $160,912,640 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
20.4 Months
of reserves - $303,242,507 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $14,832,138 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $346,537,752 |
| Total Liabilities | $43,295,245 |
| Liabilities as Share of Assets | 12.5% |
| Net Assets | $303,242,507 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jul 14, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Lloyd B Minor MD - Director | $3,727,284 | 2.09% |
| Paul King - Director | $2,338,281 | 1.31% |
| Cynthia Brandt - President & CEO | $1,905,822 | 1.07% |
| Mary Leonard MD - Director | $1,051,010 | 0.59% |
| Yasser El-Sayed MD - Director | $798,046 | 0.45% |
| Yvonne Maldonado MD - Director | $760,434 | 0.43% |
| James Deasy - SVP, Development | $629,110 | 0.35% |
| Kathryn Coulbourn - CFO | $590,961 | 0.33% |
| Paul Fisher MD - Director | $546,198 | 0.31% |
| Sarah Collins - SVP, Principal And Major Gifts | $538,204 | 0.30% |
| Jeffrey Shilling - SVP Individual Giving | $499,723 | 0.28% |
| Andrew Kaufteil - SVP, Strategic Communications | $465,424 | 0.26% |
| Carolyn Otis Catanzaro - VP, Fundraising Strategy | $418,718 | 0.24% |
| Payal Shah - VP, Transformational Giving | $413,443 | 0.23% |
| Rhonda Marion - Chief People Officer | $410,011 | 0.23% |
| Jennifer Stameson - VP, Major Gifts | $407,931 | 0.23% |
| Rachel Olinger - Executive Director Cshcn | $392,009 | 0.22% |
| Jean Gorman - AVP, Gift Planning | $372,159 | 0.21% |
| Sarah Hernandez - Chief Of Staff | $353,291 | 0.20% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jul 14, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
33 voting members, 26 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Lloyd B Minor MD | Director |
| Paul King | Director |
| Cynthia Brandt | President & CEO |
| Mary Leonard MD | Director |
| Yasser El-Sayed MD | Director |
| Yvonne Maldonado MD | Director |
| James Deasy | SVP, Development |
| Kathryn Coulbourn | CFO |
| Paul Fisher MD | Director |
| Sarah Collins | SVP, Principal And Major Gifts |
| Jeffrey Shilling | SVP Individual Giving |
| Andrew Kaufteil | SVP, Strategic Communications |
| Carolyn Otis Catanzaro | VP, Fundraising Strategy |
| Payal Shah | VP, Transformational Giving |
| Rhonda Marion | Chief People Officer |
| Jennifer Stameson | VP, Major Gifts |
| Rachel Olinger | Executive Director Cshcn |
| Jean Gorman | AVP, Gift Planning |
| Sarah Hernandez | Chief Of Staff |
| Dan Bomze | Director |
| Jeff Chambers | Director |
| Lisa Cole | Director |
| Jonathan Coslet | Director |
| Kate Dachs | Director |
| Susan Ford Dorsey | Chair |
| Jennifer Duda MD | Director |
| Elizabeth Dunlevie | Director |
| Jane Dunlevie | Director |
| Chris Gallo | Director |
| David George | Director |
| Cindy Goldberg | Director |
| Tonia Karr | Director |
| Paul Kwan | Vice Chair |
| Julie Lee | Director |
| John Lillie | Director |
| Mohamad Makhzoumi | Director |
| Peter Munzig | Director |
| Katherine Orr | Director |
| Susan Packard Orr | Director |
| Mindy B Rogers | Director |
| Michelle Sandberg MD | Director (Until 12/31) |
| Celina Tenev | Director |
| Bill Thompson | Director |
| Nina Wanstrath | Director |
| Charlotte Waxman | Director |
| Elizabeth Weil | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence33 voting / 26 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $131,275,477 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| University Of Chicago LOST IN TRANSITION SPECIAL HEALTH CARE NEEDS | $254,192 |
| Generation Patient A ROUNDTABLE PROCESS PLAN TO CREATE SYSTEMS-LEVEL | $141,326 |
| University Of California AFFIRM CALIFORNIA | $245,206 |
| Family Voices FAMILY VOICES GENERAL OPERATING GRANT | $1,500,000 |
| California Health Report (Tides Center) STORIES ABOUT CSHCN AND THEIR FAMILILES | $100,000 |
| The National Alliance To Advance Adolescent Health YOUTH AND YOUNG ADULTS WITH DISABILITIES AGING OUT | $50,000 |
| Institute For Patient & Family Centered Care ADVANCING EQUITY IN CHILDREN'S HOSPITAL PFACS: RES | $39,000 |
| Lucile Packard Children'S Hospital CHILDREN'S HEALTH | $59,142,283 |
| Duke University CONNECT AND EMPOWER: IMPROVING OUTCOMES FOR BLACK | $575,533 |
| Little Lobbyist FAMILY ALLIANCE FOR DEFENDING HEALTH CARE ACCESS F | $25,000 |
| Ronald McDonald House Charities Bay Area CHILDREN'S HEALTH | $9,000 |
| Coastal Kids Home Care CHILDREN'S HEALTH | $7,500 |
| Jacob'S Heart Children'S Cancer Support Svc CHILDREN'S HEALTH | $7,500 |
| There With Care Of The Bay Area CHILDREN'S HEALTH | $9,000 |
| Board Of Trustees Of Leland Stanford University CHILDREN'S HEALTH | $69,076,324 |
| The Arc Of California CHILDREN'S HEALTH | $130,000 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $113,986,028 | - |
| Fiscal 2025 | $160,912,640 | +41.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Sep 1, 2024 - Aug 31, 2025 | Form 990 | In Force - Filed Jul 14, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.