TY 2021 GeneralExplanationAttachment
Name:
THE DAVID AND LUCILE PACKARD FOUNDATION
EIN:
94-2278431
Identifier Return Reference Explanation
  FORM 990-PF, PART VI-B, 5D ADDITIONAL INFORMATION FOR EXPENDITURE RESPONSIBILTY STATEMENTTHE DATES OF REPORTS BY GRANTEE ATTEMPTS TO LIST ALL THE DATES OF ALL REPORTS RECEIVED FROM THE GRANTEES. IN CERTAIN CASES, THE LIMITED TEXT FIELD WILL NOT ALLOW ALL REPORTS RECEIVED FROM A GRANTEE TO BE LISTED, SO FOR THOSE GRANTEES, THE REPORT LISTS AT LEAST ONE REPORT IN EACH YEAR THAT REPORTS WERE RECEIVED. REPORTS RECEIVED DURING 2021 WILL BE REPORTED ON THE 2021 RETURN. IF ANY REQUIRED REPORTS HAVE NOT BEEN RECEIVED, THE FOUNDATION IS MAKING ALL REASONABLE EFFORTS TO OBTAIN THE REPORTS AND IS WITHHOLDING ANY ADDITIONAL PAYMENTS ON GRANTS UNTIL THEREPORTS ARE FURNISHED.
  FORM 990-PF, PART VII, LINE 1 LIST OF OFFICERS, DIRECTORS, TRUSTEES AND FOUNDATION MANAGERSTHE TRUSTEES (OTHER THAN THE PRESIDENT/CEO) SERVE WITHOUT COMPENSATION. AVERAGE HOURS PER WEEK FOR TRUSTEES ARE BASED ON AVERAGE TIME SPENT PREPARING FOR AND ATTENDING BOARD AND COMMITEE MEETINGS. IN ADDITION, TRUSTEES DEVOTE SUBSTANTIAL TIME REVIEWING MATERIALS, ATTENDING OTHER MEETINGS, CONDUCTING SITE VISITS, OR WORKING ON SPECIAL PROJECTS. OFFICERS AND EXEMPT EMPLOYEES DEVOTE SIGNIFICANTLY MORE TIME THAN THAT SHOWN.IN 2021, THE FOUNDATION PAID A PREMIUM OF $39,369 FOR DIRECTORS AND OFFICERS INSURANCE TREATED AS A NONTAXABLE FRINGE BENEFIT.
  FORM 990-PF - TANGIBLE PROPERTY ELECTIONS SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONTAXPAYER ON BEHALF OF ITSELF IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER TREAS. REG. 1.263(A)-1(F) FOR ALL ELIGIBLE AMOUNTS PAID OR INCURRED DURING THE TAXABLE YEAR.
  FORM 990-PF - TANGIBLE PROPERTY ELECTIONS SECTION 1.263(A)-3(N) CAPITALIZATION ELECTIONTAXPAYER HEREBY ELECTS ON BEHALF OF ITSELF TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER TREAS. REG. 1.263(A)-3(N). THE COSTS WERE INCURRED DURING THE TAXABLE YEAR IN THE ELECTING TAXPAYER'S TRADE OR BUSINESS AND THE ELECTING TAXPAYER TREATS SUCH COSTS AS CAPITAL EXPENDITURES ON ITS BOOKS AND RECORDS.