Richard C. Levin is no longer serving in their board position at The William & Flora Hewlett Foundation

Feb 10, 2020
Board and Executive Moves
Background Information
The Hewlett Foundation's investment objective is to maintain or grow their asset size and spending power in inflation-adjusted terms with risk at a level appropriate to their program objectives. They diversify their investments among various financial instruments and asset categories and use multiple investment strategies. As a general practice, except for their holdings in Hewlett-Packard and Agilent stock, all financial assets of the foundation are managed by external investment management firms. Some assets are invested with limited partnerships that invest in the securities of companies that may not be immediately liquid, such as venture capital and buyout firms, and in real estate equity limited partnerships that have investments in various types of properties.