View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 9, 1988

HEWLETT-PACKARD FOUNDER TO TRANSFER SHAREHOLDING TO FOUNDATION

By CBR Staff Writer

Hewlett-Packard Co co-founder David Packard – like Apple, it was born in a garage – plans over the next few years to transfer most of his shares in the company – currently worth some $2,000m – to the David & Lucile Packard Foundation, giving it $100m or so income a year to spend on programmes chosen by Mr Packard: children’s health concerns will feature strongly in honour of one of the principal concerns of his late wife, and support for family planning in the third world; fellowships in engineering and science; and education, family and youth problems, including grants to black colleges will also benefit.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU