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  1. In 1966, after a decade of exploring alternative vehicles for philanthropy, Bill Hewlett, at the age of 53, formed the foundation. The founding board members were Bill, Flora, and their eldest son Walter, a 22-year-old Harvard graduate who planned to pursue further studies at Stanford University.

  2. Feb 10, 2002 · Last Labor Day weekend, Walter B. Hewlett almost resigned from the board of Hewlett-Packard Co. ( HWP ) The eldest son of HP co-founder William R. Hewlett was at a vacation home in the...

  3. Hewlett, Walter B. and Brest, Iris. Corporate Author: Stanford Historical Society. Description: Walter Hewlett, a Stanford trustee from 2003 to 2008 and an adjunct professor in the Stanford Department of Music, reflects on his life and his family’s long connection to Stanford.

    • How Was The Foundation Organized at The Beginning?
    • How Was The Foundation’s Grantmaking Different then?
    • And What Are Some of The Key Elements That Make The Foundation What It is?
    • What Role Do Foundations Play in The Larger World of Philanthropic Giving?
    • Speaking More Broadly, How Do You See The Role of Foundations in Society?
    • And What Are These Things We Value and Want to Preserve?

    For the first five years or so, we simply got together every now and then to conduct the Foundation’s formal business. The Foundation’s assets were not large, and my father, who already had a program of personal philanthropy, would make occasional gifts to the Foundation to augment this. There wasn’t any real process involved. But soon enough, my f...

    At first, it wasn’t organized in a strategic way. There were no discussions about strategic goals: What are we trying to accomplish? How do we measure success? Those kinds of questions weren’t asked then. We were simply giving back to the community. There were many good causes to support, and we were trying to spread the money around where the need...

    I think one important factor is the size of the staff. From early on, we wanted to stay small. If you’re small, your people can interact with each other, and there’s a free flow of ideas. You avoid the bureaucratic silos that large organizations often have. Another is our guard against self-satisfaction. People are always saying nice things about y...

    Large foundations account for something like 7 percent of all philanthropic giving; the vast majority of it comes from individuals. The problem with individual giving is that it’s scattered. You can’t round it up to take on certain kinds of tasks. So foundation giving is unique in that it can be done quickly and in relatively large amounts. And for...

    I think our modern society is seriously threatened by some very large, multigenerational problems that need to be addressed. Otherwise, the world could fall into chaos, and the things we love so much about our modern civilization could be lost.

    There are many: culture, a good standard of living, the health and well-being of the world’s population; the opportunity for everyone to make something of him- or herself. Modern civilization has advanced a long way, but there is no guarantee that these advances will continue. With the world’s resources being consumed at a rate faster than they can...

  4. Jul 1, 2015 · His son Walter B. Hewlett was a director of HP until it merged with Compaq in 2002 -- despite his dissent... Read More. Wealth History. HOVER TO REVEAL NET WORTH BY YEAR. Forbes Lists. #119....

  5. Dec 2, 2001 · More significant, Walter Hewlett, the lone remaining family member on the board of Hewlett-Packard, is actively lobbying institutional investors to vote against the deal. Last week, he...

  6. Bill and Flora Hewlett consolidated their philanthropic activity into the William R. Hewlett Foundation, which Bill, aged 53, founded in 1966 in their Palo Alto, California, home. Founding board members were Bill, Flora, and the couple's oldest son, Walter Hewlett.

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