EIN 23-7270511

Fund Established By Will of Nanaline H Duke For Duke University

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1973
Most recent tax filings
2022-12-01
Description
To support Duke University, an institution of learning in durham, n.c., to be used By it for its hospital and medical school and for furthering and promoting medical research at such hospital and medical school and for the general use of said Duke University. To support Duke University, to be used By it for its hospital and its hospital & medical school and for furthering and promoting medical research at such hospital and medical school and for general purposes.
Total revenues
$1,890,020
2022
Total expenses
$1,814,191
2022
Total assets
$50,643,596
2022
Num. employees
0
2022

Program areas at Fund Established By Will of Nanaline H Duke For Duke University

See schedule oitem viii of the Will of Nanaline H. Duke, the Fund's governing instrument, bequeathed to the trustees of the Duke endowment, a charitable trust Established By james b. Duke By indenture dated december 11, 1924, the principal sum now known as the Fund Established By Will of Nanaline H. Duke for Duke University. Therefore, the trustees of the Fund are also the same as the trustees of the Duke endowment. The officers of the Fund are also the same as the officers of the Duke endowment. The organization for whose benefit the Fund is operating is Duke University, durham, north carolina, an organization described in section 509(a)(1). The relationship between the Fund and Duke University is as follows: item viii of the Will of Nanaline H. Duke, the Fund's governing instrument, provides that income and principal be paid only to Duke University, to be used for its hospital and medical school for general purposes; the Fund is operated in connection with Duke University, providing significant financial aid for major construction projects of the medical center of the University and other support programs; and the Fund is not controlled directly or indirectly By disqualified persons other than foundation managers.

Grants made by Fund Established By Will of Nanaline H Duke For Duke University

GranteeGrant descriptionAmount
Duke UniversityFunding for the Junior Physician Scientist Program.$1,700,000

Personnel at Fund Established By Will of Nanaline H Duke For Duke University

NameTitleCompensation
Karen H RogersChief Financial Officer and Treasurer$0
K Todd WalkerDirector of Investments$0
Susan L McConnellVice President and Director of Human Resources and Higher Ed / Director of Human Resources and Higher Ed.$0
Linwood HollowellDirector of Health Care Division$0
William F BaconVice President and Director of Evaluation$0
...and 13 more key personnel

Financials for Fund Established By Will of Nanaline H Duke For Duke University

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$1,930,820
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-40,800
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,890,020

Form 990s for Fund Established By Will of Nanaline H Duke For Duke University

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-11990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
2018-122019-12-26990View PDF
...and 9 more Form 990s
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsEndowed supportTax deductible donationsNo full-time employees
General information
Address
800 E Morehead St
Charlotte, NC 28202
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Phone
(704) 376-0291
IRS details
EIN
23-7270511
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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