Duke Endowment

Organization Overview

Duke Endowment is located in Charlotte, NC. The organization was established in 1938. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duke Endowment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Duke Endowment generated $497.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $255.1m during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Duke Endowment has awarded 1,778 individual grants totaling $782,351,395. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

CONDUCTING STUDIES, EVALUATIONS, AND RESEARCH FOR VARIOUS GRANT PROJECTS.


COMMUNICATING THE WORK AND MISSION OF OUR GRANTEES THROUGH OUR WEBSITE, REPORTS, NEWSLETTERS AND SOCIAL MEDIA EFFORTS, INFORMING THE FIELD ABOUT STRATEGY AND OUTCOMES.


CONDUCTING EDUCATIONAL CONFERENCES AND SEMINARS.


SUPPORT PROGRAM STAFF ON BOARDS AND ADVISORY COMMITTEES OF CHARITABLE ORGANIZATIONS OR TASK FORCES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dumac Llc
$5,688,220
Massmutual Life
$825,926
Mz Investment
$810,118
Williams Group
$684,402
Praesidium
$658,501
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $17,077,800
Interest on Savings $0
Dividends & Interest $52,458,373
Net Rental Income$0
Net Gain on Sale of Assets $427,808,122
Capital Gain Net Income $365,812,542
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $374,296
Total Revenue $497,718,591

Grants Awarded

Over the last fiscal year, Duke Endowment has awarded $219,591,038 in support to 450 organizations.

Grant RecipientAmount

ALBEMARLE HOSPITAL FOUNDATION

PURPOSE: TO EXPAND A COMMUNITY NETWORK OF CARE FOR THE LOW-INCOME, UNINSURED IN PASQUOTANK AND SURROUNDING COUNTIES.

$200,000

AMERICAN ENTERPRISE INSTITUTE

PURPOSE: TO PROVIDE AN HONORARIUM FOR THE AUGUST TRUSTEE MEETING SPEAKER.

$5,000

AMERICAN INSTITUTES FOR RESEARCH

PURPOSE: TO BUILD EVIDENCE FOR THE RURAL CHURCH SUMMER LITERACY INITIATIVE PROGRAM MODEL.

$230,785

AMERICAN INSTITUTES FOR RESEARCH

PURPOSE: TO BUILD EVIDENCE FOR THE RURAL CHURCH SUMMER LITERACY INITIATIVE PROGRAM MODEL.

$200,000

AMERICAN INSTITUTES FOR RESEARCH

PURPOSE: TO BUILD EVIDENCE FOR THE RURAL CHURCH SUMMER LITERACY INITIATIVE PROGRAM MODEL.

$143,215

ANMED HEALTH FOUNDATION

PURPOSE: TO EXPAND A COMMUNITY NETWORK OF CARE FOR THE LOW-INCOME, UNINSURED IN ANDERSON COUNTY.

$225,000
View Grant Profile

Peer Organizations

Organization NameAssets
Marine Toys For Tots Foundation
Triangle, VA
$359,237,893
Bank Of America Charitable Foundation Inc
Charlotte, NC
$76,977,118
Duke Endowment
Charlotte, NC
$497,718,591
Marcus Foundation Inc
Atlanta, GA
$102,886,682
Red Gates Foundation
Richmond, VA
$38,249,357
Distribution Cooperative Inc
Mcdonough, GA
$101,572,228
The Coca-Cola Foundation Inc
Atlanta, GA
$128,571,584
Dogwood Health Trust
Asheville, NC
-$284,500,868
The United Methodist Retirement Homes Inc
Durham, NC
$95,013,522
Trousdale Foundation Inc
Cleveland, TN
$86,292,288
Joseph B Whitehead Foundation
Atlanta, GA
$53,119,400
Winshape Foundation Inc
Atlanta, GA
-$16,199,940
James M Cox Foundation Of Ga Inc
Atlanta, GA
$129,920,591
Jane Woodruff Foundation Inc
Atlanta, GA
$54,999,988
A Good Name Foundation Inc
Atlanta, GA
$32,887,365
Ups Foundation Inc
Atlanta, GA
$53,465,266
Jack Kent Cooke Foundation
Lansdowne, VA
$46,441,200
O Wayne Rollins Foundation
Atlanta, GA
$21,609,282
Claws Foundation
Reston, VA
$10,612,124
The Murray & Sydell Rosenberg Foundation Inc
Atlanta, GA
$38,164,549
Goizueta Foundation Inc
Atlanta, GA
$23,129,390
We Are Sharing Hope Sc
Charleston, SC
$38,721,175
Smith Richardson Foundation Inc
Greensboro, NC
-$54,374,393
The Leon Levine Foundation
Charlotte, NC
$101,958,051
Edward M Armfield Sr Foundation Inc
Greensboro, NC
$4,850,821

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