The Duke Energy Foundation

Organization Overview

The Duke Energy Foundation is located in Charlotte, NC. The organization was established in 1985. 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 Energy Foundation 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 12/2021, Duke Energy Foundation generated $409.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $28.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Duke Energy Foundation has awarded 15,660 individual grants totaling $61,082,070. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $389,433
Interest on Savings $19,562
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $408,995

Grants Awarded

Over the last fiscal year, The Duke Energy Foundation has awarded $28,100,685 in support to 7,589 organizations.

Grant RecipientAmount

FOUNDATION FOR THE CAROLINAS

Org PageRecipient Profile

Charlotte, NC

PURPOSE: VIBRANT ECONOMIES

$1,000,000

ANDREAS H BECHTLER ARTS FOUNDATION DBA BECHTLER MUSEUM OF MODERN ART

PURPOSE: VIBRANT ECONOMIES

$500,000

FOUNDATION FOR THE CAROLINAS

Org PageRecipient Profile

Charlotte, NC

PURPOSE: PUBLIC ASSISTANCE

$410,000

THE INNOVATION STATE

Org PageRecipient Profile

Raleigh, NC

PURPOSE: VIBRANT ECONOMIES

$400,000

SCHOLARSHIP AMERICA INC

PURPOSE: SCHOLARSHIPS

$394,955

UNITED WAY OF CENTRAL CAROLINAS INC

Org PageRecipient Profile

Charlotte, NC

PURPOSE: MATCHING GIFTS

$339,546
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Duke Energy Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
High Point University

High Point, NC

PURPOSE: GENERAL SUPPORT.

$10,000
View Grant Recipient Profile

Peer Organizations

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