UNITED STATES
SECURITIES AND EXCHANGE COMMISION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report
Name: The William and Flora Hewlett Foundation
Address: 525 Middlefield Road,
Suite 200,
Menlo Park, CA 94025
13F File Number:
Name, Phone No., and -Title of Person Duly Authorized to Submit This Report.
N. Elizabeth Dunfield, Accounting Manager (650) 329-1070
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that
all information contained therein is true, correct and complete.
It is understood that all required items, statements and schedules are
considered integral parts of this Form and that the submission of
any amendment represents that all unamended items, statements and
schedules remain true, correct and complete as previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be
signed on its behalf in the City of Menlo Park and the State of California
on the 7th day of April, 1999
The William & Flora Hewlett Foundation
(Name of Insitutional Investment Manager)
N. Elizabeth Dunfield, Accounting Manager
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule
is filed (other than the one filing this report): (List in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
ReportType (Check only one.):
[X] 13F Holding Report
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT 1934.
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REPORT SUMMARY:
Number of other Included Managers: 0
Form13F Information Table Entry Total 1
Form 13F Information Table Value Total: $182,992
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Form 13F Information Table
Tiltle Value SHARES/ INVESTMENT VOTING
Name of Issuer of Class CUSIP (x$1000) PRN AMTD DSCRETN Managers AUTHRTY
Hewlett- Common 428236 182,992 2,698,500 Sole None Sole
Packard Co -10-2
While the William and Flora Hewlett Foundation retains
ultimate investment discretion with respect to these shares
once the decision is made to sell shares, the sales are
directed by Morgan Stanley and Co., Inc.
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