Carol Larson is leaving after 15 years as president of the David and Lucile Packard Foundation and 30 years total at the $7.8 billion grant maker. She plans to step down after a successor is found.
During her tenure, the Packard Foundation became a leader in climate philanthropy. In 2009, with the Hewlett and McKnight foundations, Packard gave ClimateWorks, a separate organization they created, a $1 billion mission: work to cut greenhouse-gas emissions in half by 2030.
Following President Trump’s arrival in the White House, Larson became alarmed about the administration’s intention to bolt from the Paris Climate Accord and by its attempts to dismantle the Affordable Care Act. In response, Packard increased its grant-making budget by $22 million.
Read the full announcement here.