CHARLOTTE, NC
Duke Endowment
Quick Facts
- EIN
- 560529965
- Location
- CHARLOTTE, NC
- Category
- General
- Total Assets
- $3.6B
- Annual Income
- $1.7B
- IRS Ruling Year
- 1938
- Organization Type
- Trust
- Principal Officer
- % Karen H Rogers Treasurer
- Tax Deductibility
- Contributions are deductible
About This Foundation
Duke Endowment is a private trust based in CHARLOTTE, NC. The foundation received its IRS ruling in 1938. The principal officer is % Karen H Rogers Treasurer. It holds total assets of $3.6B. Annual income is reported at $1.7B. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$255.1M
2022+16%
Total Assets
$3.6B
2022+7%
Fair Market Value
$5B
2022
Net Worth
$3.5B
2022
Grants Paid
$212.3M
2022
Contributions
$17.1M
2022
Net Investment Income
$413.6M
2022
Distribution Amount
$257.7M
2022
Total Giving by Year
$141.3M
11$146.6M
12$151.3M
13$173.4M
14$150.2M
15$195.7M
19$208.2M
20$220.2M
21$255.1M
22Asset Growth
$2.5B
11$2.4B
12$2.6B
13$2.7B
14$2.7B
15$2.8B
19$2.8B
20$3.4B
21$3.6B
22Investment Portfolio (2022)
Total: $137.6M
Corporate Stock: $137.6M
Other Investments: $3.4B
Cash: $4.2M
Corporate Stock (4%)
Other Investments (96%)
Cash (0%)
Expense Breakdown (2022)
Grants Paid$212.3M
Officer Compensation$4.9M
Pension & Benefits$2.4M
Occupancy$1.7M
Depreciation$1M
Printing & Publications$862K
Accounting Fees$428K
Travel & Conferences$151K
Legal Fees$129K
Revenue Sources (2022)
- Capital Gains (Net)
- $427.8M
- Dividends
- $52.5M
- Contributions
- $17.1M
- Other Income
- $374K
Financial Details (2022)
- Total Revenue
- $497.7M
- Total Expenses
- $255.1M
- Exempt Purpose Expenses
- $231.6M
- Required Distribution
- $257.7M
- Undistributed Income
- $132.9M
- Grants Approved (Future)
- $7.3M
- Total Liabilities
- $98.6M
- Excise Tax
- $5.7M
Foundation Classification (2022)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$105.6M
Average Grant
$2.1M
Median Grant
$1.3M
Grant Range
Min$625K
Max$12.5M
Median: $1.3M
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $1.9M (2)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IL: $1M (1)
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
NC: $83.5M (35)
SC
SC: $19.2M (12)
OK
LA
MS
AL
GA
FL
HI
TX
NC$83.5M (35)
SC$19.2M (12)
NY$1.9M (2)
IL$1M (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityTO PROVIDE UNRESTRICTED OPERATING SUPPORT. | Durham, NC | $12.5M | 2021 |
| Johnson C Smith University IncorporatedWEST TRADE ACTIVATION PLAN | PHASES 1 AND 2 | LAND | Charlotte, NC | $7M | 2021 |
| Duke University Health System IncTO CONTINUE TO STRENGTHEN DUKES CAPACITY AND REPUTATION IN THE SCIENCES BY RECRUITING AND RETAINING OUTSTANDING FACULTY FOR THE UNIVERSITY HEALTH SYSTEM. | Durham, NC | $6.8M | 2021 |
| Duke UniversityTO CONTINUE TO STRENGTHEN DUKES CAPACITY AND REPUTATION IN THE SCIENCES BY RECRUITING AND RETAINING OUTSTANDING FACULTY FOR THE UNIVERSITY. | Durham, NC | $6.8M | 2021 |
| Davidson CollegeTO STRENGTHEN THE JAMES B. DUKE SCHOLARSHIP PROGRAM. (ENDOWED) | Davidson, NC | $6.5M | 2021 |
| Furman UniversityTO CONTINUE TO SUPPORT STRENGTHENING AND EXPANDING THE FURMAN ADVANTAGE | Greenville, SC | $4.3M | 2021 |
| Furman UniversityTO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP. | Greenville, SC | $4.2M | 2021 |
| Duke UniversityTO SUPPORT THE DIVERSITY, INCLUSION AND ANTI-RACISM INITIATIVE. | Durham, NC | $3.4M | 2021 |
| Duke University Health System IncTO HELP THE DUKE SCHOOL OF MEDICINE ADVANCE BIOMEDICAL SCIENCE THROUGH ARTIFICIAL INTELLIGENCE. | Durham, NC | $3M | 2021 |
| Duke UniversityTO REVITALIZE THE MASTER OF DIVINITY DEGREE PROGRAM. | Durham, NC | $2.9M | 2021 |
| Duke UniversityTO DEVELOP AND IMPLEMENT A NEW HOLISTIC APPROACH TO UNDERGRADUATE ADVISING. | Durham, NC | $2.2M | 2021 |
| Johnson C Smith University IncorporatedTO SUPPORT STUDENT FINANCIAL AID AND SCHOLARSHIPS. | Charlotte, NC | $2.1M | 2021 |
| Duke UniversityTO SUPPORT THE RENOVATION OF LILLY LIBRARY. | Durham, NC | $2M | 2021 |
| Johnson C Smith University IncorporatedTO PROVIDE UNRESTRICTED OPERATING SUPPORT. | Charlotte, NC | $1.8M | 2021 |
| Davidson CollegeTO PROVIDE UNRESTRICTED OPERATING SUPPORT. | Davidson, NC | $1.8M | 2021 |
| Furman UniversityTO PROVIDE UNRESTRICTED OPERATING SUPPORT. | Greenville, SC | $1.8M | 2021 |
| Duke UniversityTO SUPPORT DUKE UNIVERSITY'S FUQUA FACULTY SUPPORT CHALLENGE CAMPAIGN. | Durham, NC | $1.8M | 2021 |
| Ready For School Ready For LifeTO DEVELOP, EXECUTE AND DESIGN THE INTEGRATED DATA SYSTEM (IDS). | Greensboro, NC | $1.7M | 2021 |
| North Carolina Healthcare AssociationTO ESTABLISH THE CAROLINAS HEALTH INNOVATION INSTITUTE. | Cary, NC | $1.7M | 2021 |
| Duke UniversityTO SUPPORT THE PRIORITIES AND STRATEGIC DIRECTION OF THE SANFORD SCHOOL OF PUBLIC POLICY. (ENDOWED) | Durham, NC | $1.5M | 2021 |
| Duke UniversityTO SUPPORT SARAH P. DUKE GARDENS (EXPENDABLE). | Durham, NC | $1.5M | 2021 |
| Central Carolina Community FoundationTO CONTINUE SUPPORTING THE ONE SC FUND IN ADDRESSING THE NEEDS OF SOUTH CAROLINIANS IMPACTED BY COVID-19. | Columbia, SC | $1.5M | 2021 |
| Duke UniversityTO ADDRESS THE PANDEMIC-RELATED MENTAL HEALTH NEEDS OF BIPOC PASTORS IN NORTH CAROLINA AND SOUTH CAROLINA. | Durham, NC | $1.5M | 2021 |
| Duke UniversityTO PROVIDE SCHOLARSHIPS FOR THE 2021 FIELD EDUCATION ASSISTANT PASTORS PROGRAM. | Durham, NC | $1.3M | 2021 |
| Children'S Trust Fund Of South CarolinaTO SUPPORT IMPLEMENTATION OF TRIPLE P IN SOUTH CAROLINA. | Columbia, SC | $1.3M | 2021 |
| Ready For School Ready For LifeTO SUPPORT IMPLEMENTATION OF THE GET READY GUILFORD INITIATIVE. | Greensboro, NC | $1.2M | 2021 |
| Blue Meridian Partners IncTO SUPPORT SCALING OF EFFECTIVE SOLUTIONS FOR YOUNG PEOPLE AND FAMILIES IN POVERTY. | New York, NY | $1.2M | 2021 |
| Western North Carolina Conference United Methodist ChurchTO PROVIDE PENSIONS TO RETIRED MINISTERS AND WIDOWS AND DEPENDENT CHILDREN OF DECEASED MINISTERS. | Charlotte, NC | $1.2M | 2021 |
| North Carolina Healthcare AssociationTO CONTINUE SUPPORT FOR THE NORTH CAROLINA HEALTHCARE ASSOCIATIONS STATE IMPLEMENTATION ASSISTANCE CENTER. | Cary, NC | $1.1M | 2021 |
| Scha FoundationTO CONTINUE SUPPORT FOR THE SOUTH CAROLINA HOSPITAL ASSOCIATIONS STATE IMPLEMENTATION ASSISTANCE CENTER. | Columbia, SC | $1.1M | 2021 |
| University Of North Carolina At Chapel HillTO EXPAND A TWO-STATE INITIATIVE THAT WILL INCREASE BREASTFEEDING RATES THROUGHOUT THE CAROLINAS. | Chapel Hill, NC | $1.1M | 2021 |
| Duke UniversityTO CONTINUE THE THRIVING RURAL COMMUNITIES INITIATIVE. | Durham, NC | $1.1M | 2021 |
| North Carolina Community Foundation IncTO SUPPORT THE NORTH CAROLINA HEALING COMMUNITIES FUND. | Raleigh, NC | $1M | 2021 |
| Children'S Hope AllianceTO EVALUATE A PSYCHIATRIC RESIDENTIAL REDUCTION TREATMENT MODEL USING THE TREATMENT OUTCOME PACKAGE (TOP). | Statesville, NC | $1M | 2021 |
| Furman UniversityTO PROVIDE ADDITIONAL ENDOWMENT FUNDS TO THE JAMES B. DUKE SCHOLARSHIP. | Greenville, SC | $1M | 2021 |
| Duke UniversityTO SUPPORT DUKE UNIVERSITYS GLOBAL PERSPECTIVES FACULTY INITIATIVE. | Durham, NC | $1M | 2021 |
| Interfaith Youth CoreTO HELP HIGHER EDUCATION INSTITUTIONS WORK WITH FAITH AND NONPROFIT ORGANIZATIONS IN NORTH CAROLINA AND SOUTH CAROLINA TO PROVIDE INFORMATION ABOUT COVID-19 VACCINES. | Chicago, IL | $1M | 2021 |
| South Carolina Department Of Social ServicesTO CONTINUE SUPPORT FOR THE STRENGTHENING FAMILIES PROGRAM. | Columbia, SC | $942K | 2021 |
| South Carolina Department Of Social ServicesTO CONTINUE SUPPORT FOR THE STRENGTHENING FAMILIES PROGRAM. | Columbia, SC | $931K | 2021 |
| Ready For School Ready For LifeTO IMPLEMENT TECHNOLOGY FOR THE GUILFORD COUNTY INTEGRATED DATA SYSTEM AND PROVIDE PROJECT LEADERSHIP. | Greensboro, NC | $842K | 2021 |
| North Carolina Conference UnitedTO PROVIDE PENSIONS TO RETIRED MINISTERS AND WIDOWS AND DEPENDENT CHILDREN OF DECEASED MINISTERS. | Garner, NC | $807K | 2021 |
| South Carolina First Steps To School Readiness Board Of TrusteesTO PILOT PARENTS AS TEACHERS AND ATTACHMENT BIO-BEHAVIORAL CATCHUP IN FAMILIES WITH FOUNDED CHILD ABUSE AND NEGLECT. | Columbia, SC | $800K | 2021 |
| Ready For School Ready For LifeTO IMPLEMENT TECHNOLOGY FOR FAMILY CONNECTS TO PARTICIPATE IN THE GUILFORD COUNTY INTEGRATED DATA SYSTEM. | Greensboro, NC | $787K | 2021 |
| Duke UniversityTO SUPPORT THE ARTS AT DUKE UNIVERSITY. | Durham, NC | $750K | 2021 |
| MdrcTO CONTINUE SUPPORT FOR A PLANNING PHASE FOR AN IMPACT EVALUATION FOR COLLECTIVE IMPACT FOR THE EARLY CHILDHOOD INITIATIVE IN GUILFORD COUNTY, NORTH CAROLINA. | New York, NY | $701K | 2021 |
| Medical University Of South Carolina FoundationTO DEVELOP AND TEST A TELEHEALTH-ENABLED HOME VISITATION PROGRAM PROVIDING ALL NEWBORNS AND THEIR FAMILIES WITH ONGOING CARE AND SOCIAL SUPPORTS AFTER DELIVERY. | Charleston, SC | $700K | 2021 |
| Duke University Health System IncTO EXPAND AND STRENGTHEN THE DEPARTMENT OF COMMUNITY AND FAMILY MEDICINE. | Durham, NC | $700K | 2021 |
| The Dee Norton Lowcountry Children'S Center IncTO EXPAND PROJECT BEST. | Charleston, SC | $650K | 2021 |
| Catawba County Department Of Social ServicesTO SUPPORT SUCCESS COACH EXPANSION AND EVALUATION. | Hickory, NC | $646K | 2021 |
| The Conservation FundTO SUPPORT BIPOC-LED AND SERVING COMMUNITY AND FAITH-BASED ORGANIZATIONS TO PROVIDE COVID-19 RELIEF SERVICES ACROSS NORTH CAROLINA. | Chapel Hill, NC | $625K | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica