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William and Flora Hewlett Foundation - ProPublica Nonprofit Explorer
webprojects.propublica.org·projects.propublica.org/nonprofits/organizations/941655673
Useful reference for understanding the Hewlett Foundation's financial scale and structure; Hewlett funds AI governance and policy work, making its financial profile relevant to understanding the philanthropic landscape supporting AI safety efforts.
Metadata
Importance: 22/100organizational reportreference
Summary
ProPublica's Nonprofit Explorer page for the William & Flora Hewlett Foundation, a major philanthropic organization with $14.2 billion in assets that funds AI governance, policy, and safety-related work. The foundation disbursed $689.6 million in charitable grants in 2024, making it one of the largest funders in the philanthropic ecosystem relevant to AI safety and technology policy.
Key Points
- •Total assets of $14.2B and $689.6M in charitable disbursements in 2024, making Hewlett a major funder of policy and governance work including AI-related initiatives
- •Revenue is 85.4% from asset sales, reflecting an endowment-driven foundation model typical of major tech-family philanthropies
- •Hewlett funds AI governance, open educational resources, and technology policy programs relevant to responsible AI development
- •Tax filings available from 2011-2024 provide transparency into funding trends and organizational priorities over time
- •Leadership compensation data shows heavy investment management staffing, with CIO Ana Marshall earning $5.7M, reflecting the endowment management focus
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| William and Flora Hewlett Foundation | Organization | 55.0 |
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# William & Flora Hewlett Foundation
- Menlo Park, CA
- Tax-exempt since March 1968
- EIN: 94-1655673
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## Organization summary
### Type of Nonprofit
**Designated as a 501(c)(3)**Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
**Category**:
Philanthropy, Voluntarism and Grantmaking Foundations /
Corporate Foundations
[(NTEE)](https://nccs.urban.org/search?keywords=NTEE)
**Donations to this organization are tax deductible.**
### Summary charts: organization finances over time
#### Revenue $785M (2024)
20112024$0$200M$400M$600M$800M$1B$1.2B
#### Expenses $755M (2024)
20112024$0$200M$400M$600M$800M
#### Total Assets $14.2B (2024)
20112024$0$5B$10B$15B
#### Total Liabilities $361M (2024)
20112024$0$200M$400M$600M
Source: Form 990 tax filings from 2011 to 2024
## Tax Filings by Year
**[Form 990](https://www.irs.gov/pub/irs-pdf/f990.pdf)** is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS.
Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
### Fiscal Year Ending Dec. 2024
#### Extracted Financial Data
##### Extracted Financial Data from Form 990-PF
Revenue
$784,700,540
Expenses
$754,606,113
Net Income
$30,094,427
Net Assets
$13,842,130,245
| Notable Sources of Revenue | | Percent of Total Revenue |
| --- | --- | --- |
| Contributions Received | $0 | |
| Interest Revenue | $1,082,017 | 0.1% |
| Dividends | $54,131,583 | 6.9% |
| Sales of Assets | $670,275,126 | 85.4% |
| Other Income | $59,211,814 | 7.5% |
| Notable Expenses | | Percent of Total Expenses |
| --- | --- | --- |
| Charitable Disbursements | $689,557,086 | 91.4% |
| Compensation of Officers\* | $3,747,235 | 0.5% |
| \\* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. |
| Assets/Debt | | |
| --- | --- | --- |
| Total Assets |
... (truncated, 58 KB total)Resource ID:
264a1d9e668796cd | Stable ID: YWE4OGI2NW