sentences:  An aquarium was predicted to attract 300,000 paying visitors annually with a potential future increase to 500,000 so, in April 1978, the Packards created the Monterey Bay Aquarium Foundation, which purchased the Hovden property from Stanford for nearly US$1 million.Around this time, Julie Packard—also a daughter of David and Lucile—joined the planning group.David Packard funded construction with an initial donation of $7 million with the caveat that the private nonprofit would be financially self-supporting after it opened.