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Filing year 2023

THE DUKE ENDOWMENT

Charlotte, North Carolina·EIN 56-0529965·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$142M
Total assets
$3.5B
Total expenses
$254.4M
Reported officers
20

Executive compensation

Form 990-PF · Part VIII · 19 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina.

President
Board President
Above 90th percentile
$708k
$773k
Cfo, Treasurer and Sec.
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$407k
$445k
VP & Dir. of Human Resources
Board Vice President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$406k
$443k
VP & Director of Evaluation
Board Vice President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$379k
$414k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee/vice-chair
Unclassified
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee/chair
Unclassified
$189k
$206k
Trustee/vice-chair
Unclassified
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k
Trustee
Board Member
Above 90th percentile
$189k
$206k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE DUKE ENDOWMENT equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$222.5M

Itemized grants

365

Median grant

$206k

RecipientLocationPurposeAmount
DUKE UNIVERSITYDURHAM, NCTO COMMEMORATE THE DUKE ENDOWMENT'S AND DUKE UNIVERSITY'S SHARED CENTENNIAL (ENDOWED).$21.5M
DUKE UNIVERSITYDURHAM, NCTO PROVIDE UNRESTRICTED OPERATING SUPPORT.$13.5M
DAVIDSON COLLEGEDAVIDSON, NCTO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL AND EXPAND STUDENT ACCESS AND EXPERIENTIAL LEARNING.$10M
BLUE MERIDIAN PARTNERS INCNEW YORK, NYTO SUPPORT THE SPARTANBURG ACADEMIC MOVEMENT, INC. THAT WORKS TO IMPROVE ECONOMIC MOBILITY BY IMPROVING ACADEMIC ACHIEVEMENT ACROSS SPARTANBURG COUNTY, SOUTH CAROLINA.$9.8M
JOHNSON C SMITH UNIVERSITYCHARLOTTE, NCTO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, SUPPORT FOR IMPLEMENTING THE NEW STRATEGIC PLAN IN COORDINATION WITH THE CHARLOTTE MAYORS RACIAL EQUITY CAMPAIGN.$8M
DUKE UNIVERSITYDURHAM, NCTO COMMEMORATE THE DUKE ENDOWMENT'S AND DUKE UNIVERSITY'S SHARED CENTENNIAL (EXPENDABLE).$6.2M
DAVIDSON COLLEGEDAVIDSON, NCTO STRENGTHEN THE JAMES B. DUKE SCHOLARSHIP PROGRAM (ENDOWED).$5.4M
FURMAN UNIVERSITYGREENVILLE, SCTO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP.$5M
READY FOR SCHOOL READY FOR LIFEGREENSBORO, NCTO SUPPORT THE PRENATAL TO AGE-3 EVIDENCE-BASED PROGRAMS IN GUILFORD COUNTY.$4.9M
FURMAN UNIVERSITYGREENVILLE, SCTO CONTINUE TO SUPPORT STRENGTHENING AND EXPANDING THE FURMAN ADVANTAGE.$4.3M
FURMAN UNIVERSITYGREENVILLE, SCTO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP.$4.1M
JOHNSON C SMITH UNIVERSITYCHARLOTTE, NCTO SUPPORT THE NEW STRATEGIC PLAN IMPLEMENTATION IN COORDINATION WITH THE CHARLOTTE MAYORS RACIAL EQUITY CAMPAIGN.$4M
BLUE MERIDIAN PARTNERS INCNEW YORK, NYTO SATISFY ANTICIPATED BLUE MERIDIAN CAPITAL CALLS THROUGH 2024 FOR EXISTING INVESTMENTS AND ANY NEW INVESTMENTS SUPPORTING HIGH-PERFORMING NON-PROFITS.$2.6M
DUKE DIVINITY SCHOOLDURHAM, NCTO REVITALIZE THE MASTER OF DIVINITY DEGREE PROGRAM.$2.6M
DUKE UNIVERSITYDURHAM, NCTO DEVELOP A SIGNATURE, UNIVERSITY-WIDE INITIATIVE TO THAT HELPS STUDENTS AND FACULTY GAIN GREATER UNDERSTANDING OF PURPOSE, CHARACTER AND VOCATION.$2.2M
DUKE UNIVERSITY HEALTH SYSTEMDURHAM, NCTO CONTINUE TO STRENGTHEN DUKES CAPACITY AND REPUTATION IN THE SCIENCES BY RECRUITING AND RETAINING OUTSTANDING FACULTY FOR THE UNIVERSITY HEALTH SYSTEM.$2M
DUKE UNIVERSITY HEALTH SYSTEMDURHAM, NCTO HELP THE DUKE SCHOOL OF MEDICINE ADVANCE BIOMEDICAL SCIENCE THROUGH ARTIFICIAL INTELLIGENCE.$2M
DUKE UNIVERSITYDURHAM, NCTO SUPPORT FLEXIBLE FUNDS FOR STRATEGIC INITIATIVES OF THREE SENIOR ADMINISTRATIVE LEADERS.$2M
DUKE UNIVERSITYDURHAM, NCTO SUPPORT DUKE LAW SCHOOLS SCHOLARSHIPS AND PUBLIC INTEREST ASSISTANCE CHALLENGE.$2M
DUKE UNIVERSITYDURHAM, NCTO SUPPORT DUKE LAW SCHOOLS SCHOLARSHIPS AND PUBLIC INTEREST ASSISTANCE CHALLENGE.$2M
DUKE UNIVERSITYDURHAM, NCTO COMMEMORATE THE DUKE ENDOWMENT'S AND DUKE UNIVERSITY'S SHARED CENTENNIAL (CAPITAL).$2M
DUKE UNIVERSITYDURHAM, NCTO CONTINUE TO STRENGTHEN DUKES CAPACITY AND REPUTATION IN THE SCIENCES BY RECRUITING AND RETAINING OUTSTANDING FACULTY FOR THE UNIVERSITY.$2M
DUKE UNIVERSITYDURHAM, NCTO SUPPORT GRADUATE STUDENT FELLOWSHIPS.$2M
FURMAN UNIVERSITYGREENVILLE, SCTO CONTINUE TO SUPPORT STRENGTHENING AND EXPANDING THE FURMAN ADVANTAGE.$2M
READY FOR SCHOOL READY FOR LIFEGREENSBORO, NCTO SUPPORT THE ROUTES TO READY NAVIGATION SYSTEM IN GUILFORD COUNTY.$1.8M
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE DUKE ENDOWMENT

What does the Board President of THE DUKE ENDOWMENT earn?

In 2023, the Board President of THE DUKE ENDOWMENT received $708,279 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at THE DUKE ENDOWMENT compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2023 pay of the Board President at THE DUKE ENDOWMENT falls in the top 10%. In 2023, the highest total compensation at THE DUKE ENDOWMENT equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE DUKE ENDOWMENT's revenue and expenses?

In 2023, THE DUKE ENDOWMENT reported $142M in total revenue and $254.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.