The National Audiovisual Conservation Center, also known as the Packard Campus for Audio-Visual Conservation, is the Library of Congress new audiovisual archive located inside Mount Pony in Culpeper. From 1969 to 1988, the facility was a high security storage facility operated by the Federal Reserve Board. With the approval of the United States Congress in 1997, it was purchased by the David and Lucile Packard Foundation from the Federal Reserve Bank of Richmond via a $5.5 million dollar grant, done on behalf of the Library of Congress. With a further $150 million from the Packard Humanities Institute and $82.1 million from Congress, the facility was transformed into the National Audio-Visual Conservation Center, which completed construction in mid-2007, and after transfer of the bulk of archives, opened to scheduled tours and visitors in fall 2008. The center offered, for the first time, a single site to store all 6.3 million pieces of the library's movie, television, and sound collection.