The Duke Endowment

The Duke Endowment

The Duke Endowment

Overview
Date Founded

1924

Headquarters

100 North Tryon Street,Suite 3500,Charlotte, NC 28202-4001

Industries

Trusts & Funds

Company Description

Since 1924, The Duke Endowment has worked to help people and strengthen communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits. Located in Charlotte, N.C., the Endowment seeks to fulfill the visionary genius and innovative legacy of James Buchanan Duke, one of the great industrialists and philanthropists of the 20th century. Mr. Duke established the Endowment in 1924 with $40 million. In 1925, it was expanded with an additional $67 million from his estate. Adjusted for present value, Mr. Duke's total gifts would amount to almost $1.4 billion today. Governed by a board of trustees, Endowment staff conduct grant-making according to guidelines in Mr. Duke's original Indenture of Trust, a legal document that remains relevant and timely after more than 80 years.In November 2011, Trustees approved six Guiding Principles for our work. The Endowment has awarded over $3 billion in grants since its inception, including nearly $1.5 billion to Duke University. With assets of $2.8 billion, the Endowment is one of the nation's largest 501(c)(3) private foundations. Today, more than 83 percent of our total spending goes to grant-making. In addition to grant-making work in four program areas, the Endowment shares its knowledge by publishing resources for grantees and other service organizations, including information about what we're learning from our work in various publications, reports and evaluations. We also operate a fellowship program to cultivate emerging leaders in philanthropy.

Contact Data
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Executives & Employees

President

Director, Communications

Director, Evaluation

Director of Rural Church, Rural Church

Vice President

Chief Financial Officer & Treasurer

Vice President/General Counsel

Interim CIO

Board of Directors

Director of Rural Church, Rural Church at The Duke Endowment

Director, Communications at The Duke Endowment

Director, Evaluation at The Duke Endowment

Faculty Expert at Duke University - Divinity School

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Recent Transactions
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Cadence Bancorporation issued . USD Common Stock

Transaction Advisors
Legal Advisor

Advised onCadence Bancorporation issued . USD Common Stock

Legal Advisor

Advised onCadence Bancorporation issued . USD Common Stock

Legal Advisor

Advised onCadence Bancorporation issued . USD Common Stock

Advisors & Consultants
Real Estate Agent

Executive Vice President, Market Leader at Savills Studley, Inc.

Non-Profit Donations & Grants
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