Cause IQ organization profile

Duke Endowment

Form 990s | Financials | Vendors | Personnel | Peers

Duke Endowment is a private foundation based in Charlotte, NC that was founded in 1938. As of 2019 they had $265 million in revenue and $2.6 billion in assets.

The Duke Endowment works to help people and strengthen communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits.

EIN:

56-0529965

City:

Charlotte

State:

North Carolina

Website:

dukeendowment.org

Phone:

704-376-0291

Facebook:

facebook.com/TheDukeEndowment

Founded:

1938

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$265,153,086

Assets:

$2,682,038,711

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for Duke Endowment

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 31, 2020	990PF	View PDF
2017-12	Dec 20, 2018	990PF	View PDF
2016-12	Nov 21, 2017	990PF	View PDF
2015-12	Nov 18, 2016	990PF	View PDF
2014-12	Nov 24, 2015	990PF	View PDF
...and two more Form 990 PDFs

Financials for Duke Endowment

Field	2018	2017	% Change
Total grants, contributions, etc.	$6,450,000	$0	999%
Investment income and dividends	$48,968,927	$49,759,914	-1.6%
Net rental income	$127,501	$152,000	-16.1%
Net gain from sale of non-inventory assets	$209,606,658	$57,275,987	266.0%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$265,153,086	$107,187,901	147.4%

Field	2018	2017	% Change
Compensation of current officers, etc.	$3,757,333	$4,147,645	-9.4%
Non-officer salaries and wages	$5,172,735	$4,863,309	6.4%
Pension/retirement accruals and contributions	$3,663,791	$1,713,472	113.8%
Legal fees	$23,814	$22,986	3.6%
Accounting fees	$308,375	$304,100	1.4%
Other fee-for-service	$9,834,592	$10,515,218	-6.5%
Interest	$0	$0
Depreciation, amortization, etc.	$1,553,749	$1,550,834	0.2%
Occupancy	$1,756,511	$1,783,509	-1.5%
Travel	$317,570	$344,566	-7.8%
Office expenses
Grants to all govts., orgs., and individuals	$160,273,086	$132,411,105	21.0%
All other expenses	$5,800,984	$9,485,718	-38.8%
Total expenses	$193,065,407	$167,599,231	15.2%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$48,213	$14,770,768	-99.7%
Savings, short-term investments, etc.	$9,313,473	$0	999%
Accounts receivable	$0	$0
Pledges and grants receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$80,828,173	$81,440,311	-0.8%
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$2,544,355,175	$2,586,076,349	-1.6%
Buildings, equipment, etc. post-depreciation	$41,148,089	$42,600,664	-3.4%
Other assets	$6,345,588	$15,273,099	-58.5%
Total assets	$2,682,038,711	$2,740,161,191	-2.1%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$26,868,086	$20,012,081	34.3%
Grants payable	$25,220,192	$21,775,942	15.8%
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$34,730,016	$35,865,892	-3.2%
Other liabilities	$2,503,657	$2,277,554	9.9%
Total liabilities	$89,321,951	$79,931,469	11.7%

Vendors for Duke Endowment

Vendor	Services	Date
Drupal	Content management system software	2020-06-15
█████ ████████ ███	Tax accounting	2020-01-31
██████	Actuarial services	2016-12-31

Personnel at Duke Endowment

Name	Title	Compensation	Most recent data
Harris E. Deloach JR.	Chief Executive Officer	-	June 3, 2020
Karen H. Rogers	Finance / Chief Financial Officer and Treasurer	-	June 3, 2020
███████ ██ █████ ███	General Counsel and Chief Compliance Officer	-	June 3, 2020
██████ ██ ████████ ██	Vice President and General Counsel	-	Sept. 26, 2018
██ ████ ██████	Managing Director	-	Oct. 4, 2018
████ ██ █████	Director , Information Technology	-	Oct. 8, 2018
███████ ██ ████	Director of Payroll and Benefits	-	Nov. 5, 2017
█████ ██ █████████	Director , Human Resources	-	Sept. 26, 2018
██████ ██ ████████	Program Director	-	Sept. 26, 2018
███████ ██ █████	Director , Evaluation	-	Sept. 26, 2018
...and eight more key personnel

Peer private foundations

	Name	Type	Revenue	Location
1	Michael and Susan Dell Foundation (MSDF)	501(c)(3)	$139 million	Austin, TX
2	Ralph C Wilson Jr Foundation	501(c)(3)	$72 million	Detroit, MI
3	William and Flora Hewlett Foundation	501(c)(3)	$609 million	Menlo Park, CA
4	The JPB Foundation	501(c)(3)	$257 million	New York, NY
5	James Irvine Foundation	501(c)(3)	$128 million	San Francisco, CA
6	Carnegie Corporation of New York	501(c)(3)	$231 million	New York, NY
7	The Leona M and Harry B Helmsley Charitable Trust	501(c)(3)	$191 million	New York, NY
8	W.K. Kellogg Foundation (WKKF)	501(c)(3)	$386 million	Battle Creek, MI
9	William Penn Foundation	501(c)(3)	$217 million	Philadelphia, PA
10	Wyss Foundation	501(c)(3)	$169 million	Washington, DC
11	Barr Foundation	501(c)(3)	$150 million	Boston, MA
12	Gates Family Foundation (GFF)	501(c)(3)	$67 million	Denver, CO
13	Mcknight Foundation	501(c)(3)	$183 million	Minneapolis, MN
14	John S. and James L. Knight Foundation	501(c)(3)	$186 million	Miami, FL
15	Foundation for A Better World	501(c)(3)	$181 million	Marietta, GA
16	Medtronic Foundation	501(c)(3)	$80 million	Fridley, MN
17	Ewing Marion Kauffman Foundation	501(c)(3)	$177 million	Kansas City, MO
18	The Wallace Foundation	501(c)(3)	$86 million	New York, NY
19	Richard M Schulze Family Foundation	501(c)(3)	$80 million	Minneapolis, MN
20	Tarsadia Foundation	501(c)(3)	$106 million	Newport Beach, CA
21	David and Lucile Packard Foundation	501(c)(3)	$355 million	Los Altos, CA
22	Richard King Mellon Foundation	501(c)(3)	$181 million	Ligonier, PA
23	Robert Wood Johnson Foundation (RWJF)	501(c)(3)	$548 million	Princeton, NJ
24	Matan B'seter Foundation	501(c)(3)	$289 million	New York, NY
25	George Gund Foundation	501(c)(3)	$76 million	Cleveland, OH

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about Duke Endowment.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for private foundations, qualify inbound opportunities like Duke Endowment, benchmark clients to other private foundations, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

Duke Endowment

Form 990s for Duke Endowment

Financials for Duke Endowment

Vendors for Duke Endowment

Personnel at Duke Endowment

Peer private foundations

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter