William & Flora Hewlett Foundation
Only null% goes to programs Strong reserves Declining revenue
William & Flora Hewlett Foundation is a 501(c)(3) organization based in Menlo Park, California, registered in 1968, with $784,700,540 in FY2024 revenue. CharityIndex grades it B.
2121 Sand Hill Rd, Menlo Park, CA, 94025 EIN 94-1655673 Since 1968
Revenue (FY2024)
$784.7M
▲ 30.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$754.6M
Net assets
$13.8B
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for William & Flora Hewlett Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating220 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For William & Flora Hewlett Foundation: 220 mo reserves · +4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for William & Flora Hewlett Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For William & Flora Hewlett Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2121 Sand Hill Rd, Menlo Park, CA, 94025
- City
- Menlo Park
- State
- California
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $289.4M (FY2013) to $784.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $360.6MNet assets $13.8B
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.2B
Total liabilities
$360.6M
Net assets
$13.8B
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $784,700,540▲30.3% | $754,606,113▲7.8% | $13,842,130,245▲6.6% | $14,202,751,280▲6.5% | 990PF |
| 2023 | $602,064,005▼7.7% | $699,937,452▲6.9% | $12,983,161,719▲4.2% | $13,332,174,215▲4.3% | 990PF |
| 2022 | $652,108,628▼41.6% | $655,021,446▲6.0% | $12,455,789,075▼14.1% | $12,779,109,242▼14.0% | 990PF |
| 2021 | $1,115,887,438▲22.6% | $617,662,820▲9.1% | $14,506,323,993▲14.2% | $14,861,048,592▲11.8% | 990PF |
| 2020 | $910,160,539▲16.3% | $566,179,169▲6.6% | $12,697,313,051▲19.3% | $13,293,329,462▲21.3% | 990PF |
| 2019 | $782,846,468▲28.5% | $531,318,252▲10.0% | $10,640,142,175▲11.5% | $10,961,138,137▲12.3% | 990PF |
| 2018 | $609,135,143▲18.0% | $482,897,720▲0.2% | $9,544,650,976▼0.7% | $9,761,950,364▼1.3% | 990PF |
| 2017 | $516,374,163▲62.6% | $481,987,119▼0.1% | $9,615,187,200▲10.0% | $9,888,877,234▲9.6% | 990PF |
| 2016 | $317,483,071▼39.7% | $482,281,208▲2.3% | $8,740,942,930 | $9,022,719,185 | 990PF |
| 2015 | $526,699,324▼15.7% | $471,437,419▲12.3% | $8,739,619,583▼0.8% | $9,020,102,526▼0.2% | 990PF |
| 2014 | $624,612,155▲116% | $419,655,610▲38.2% | $8,806,376,656▲6.0% | $9,042,503,665▲5.1% | 990PF |
| 2013 | $289,396,942 | $303,616,986▼19.0% | $8,304,519,946▲12.3% | $8,607,073,096▲11.3% | 990PF |
| 2012 | — | $374,651,952▲36.3% | $7,394,625,377▲6.6% | $7,735,371,139▲6.0% | 990PF |
| 2011 | — | $274,862,351▼0.7% | $6,938,226,140▲0.8% | $7,296,506,125▼1.1% | 990PF |
| 2010 | — | $276,837,531 | $6,884,532,755 | $7,377,220,546 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Elizabeth Peters — $966,891 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Peters | Vp & Coo (as of 09/24) | 40 | $966,891 |
| Amber Miller | President (as of 09/24) | 40 | $845,372 |
| Suresh Bhat | Cfo & Treasurer (thru 10/24) | 40 | $767,029 |
| Kristy Tsadick | Gc & Co Sec (as of 09/24) | 40 | $584,449 |
| Dwight Koda | Cfo & Treasurer (as of 10/24) | 40 | $357,059 |
| Larry Kramer | President (thru 01/24) | 40 | $226,435 |
| Alecia Decoudreaux | Director | 2 | — |
| Billy Hewlett | Director | 2 | — |
| David Hewlett | Director | 2 | — |
| Eric Gimon | Director | 2 | — |
| Mariano-florentino Cuellar | Chairman | 3 | — |
| Mary Ellen Iskenderian | Director | 2 | — |
| Melody Barnes | Director | 2 | — |
| Persis Drell | Director | 2 | — |
| Sarah Jaffe | Director | 2 | — |
| Susan Meaney | Director | 2 | — |
Grants received · $565K total
1 grant to William & Flora Hewlett Foundation totaling $565K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rockefeller Philanthropy Advisors Inc | Support | 2015 | $565,337 |
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Frequently asked questions
- Is William & Flora Hewlett Foundation a legitimate nonprofit?
- Yes. William & Flora Hewlett Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-1655673, based in Menlo Park, California. Donations are tax-deductible.
- What is William & Flora Hewlett Foundation's EIN?
- William & Flora Hewlett Foundation's Employer Identification Number (EIN) is 94-1655673.
- How much revenue does William & Flora Hewlett Foundation report?
- William & Flora Hewlett Foundation reported $784,700,540 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William & Flora Hewlett Foundation have?
- CharityIndex grades William & Flora Hewlett Foundation B, based on financial health (reserves and operating margin).
- How much does William & Flora Hewlett Foundation's highest-paid employee make?
- The highest reported compensation on William & Flora Hewlett Foundation's latest Form 990 is $966,891, paid to Elizabeth Peters (Vp & Coo (as of 09/24)).
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Data for William & Flora Hewlett Foundation (EIN 94-1655673) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.