The Los Altos Town Crier has named the people of the David and Lucile Packard Foundation – founders, employees and board members – its 2013 Los Altans of the Year. Modeled after Time Magazine, the annual honor recognizes local residents or groups whose goodwill building and positive impact enhance Los Altos’ reputation as a quality community.
This year’s recognition deviates from past awards, which were limited to individuals or couples. But several factors played into the choice.
“The Packard Foundation’s presence in our community has existed for a long time, building goodwill through philanthropy,” said Town Crier Publisher Paul Nyberg. “The extent of its work around the world is mind boggling. Virtually every continent on the planet has felt the impact of the Packard vision.”
Next year will mark the foundation’s 50th anniversary. Led by president and CEO Carol Larson and a strong board of directors, the foundation continues to address worldwide issues such as curbing overpopulation and protecting the environment.
At the same time, the foundation remains committed to funding nonprofit organizations in its own backyard. Foundation members leverage their resources wisely, choosing to fund organizations and causes that make the most impact, while also supporting methods to assist organizations in improving efficiency.
According to its website, the foundation has $5.8 billion in assets and distributed appproximately $253 million in 2012.
The foundation operates by core values that include honesty, integrity and respect, values put forward by the Packards. It also leads by example.
Committed to conservation, Packard officials built their new downtown Los Altos headquarters at 343 Second St. to be self-sustaining. The building generates all the energy required for its operation, using state-of-the-art green construction. As a result, the 49,161-square-foot headquarters is currently the largest net-zero energy structure in the world. Foundation members hope others follow their lead.
Watch for the Town Crier’s full story in the Jan. 8 issue.