Skip to content
Nonprofiteer
← DUMAC INC

Form 990 for tax year 2023

Filed by DUMAC INC.

Totals

Total revenue
$33,656,703
Total expenses
$34,073,354
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$32,632,361
Management and general expenses
$1,440,993
Fundraising expenses
$0
Program service expenses (Part III)
$32,632,361

Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NEAL F TRIPLETT

    DIRECTOR/PRESIDENT

    Total calculated
    $4,700,363
    From this org
    $0
    From related orgs
    $4,539,339
    Other
    $161,024
    Hours/week
    0.1 + 50.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $816,839 related
    Bonus
    $0 + $3,700,000 related
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $123,274 related
    Filer's total
    $0 + $4,702,989 related

  • VINCENT E PRICE

    DIRECTOR

    Total calculated
    $1,947,578
    From this org
    $0
    From related orgs
    $1,888,010
    Other
    $59,568
    Hours/week
    0.1 + 51.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,865,510 related
    Bonus
    $0
    Other
    $0 + $22,500 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $25,300 related
    Filer's total
    $0 + $1,953,686 related

  • DANIEL G ENNIS

    DIRECTOR

    Total calculated
    $1,427,849
    From this org
    $0
    From related orgs
    $1,352,969
    Other
    $74,880
    Hours/week
    0.1 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,262,134 related
    Bonus
    $0
    Other
    $0 + $90,835 related
    Deferred
    $0 + $40,376 related
    Nontaxable benefits
    $0 + $38,609 related
    Filer's total
    $0 + $1,431,954 related

  • LAURENE M SPERLING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 14 related

  • KEVIN A BAGGETT MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • T RITSON FERGUSON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CYNTHIA L MEYN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THRUSTON B MORTON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • JAMES C ZELTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2 related

  • ASHOK VARADHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • ROBERT MCGRAIL

    SECRETARY

    Total calculated
    $601,246
    From this org
    $0
    From related orgs
    $518,864
    Other
    $82,382
    Hours/week
    0.1 + 40.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,616 related
    Bonus
    $0 + $231,228 related
    Other
    $0 + $36,020 related
    Deferred
    $0 + $71,076 related
    Nontaxable benefits
    $0 + $13,404 related
    Filer's total
    $0 + $603,344 related

  • ANIL MADHOK

    TREASURER

    Total calculated
    $1,887,622
    From this org
    $0
    From related orgs
    $1,591,560
    Other
    $296,062
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,269 related
    Bonus
    $0 + $1,062,591 related
    Other
    $0 + $157,700 related
    Deferred
    $0 + $274,856 related
    Nontaxable benefits
    $0 + $22,353 related
    Filer's total
    $0 + $1,888,769 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
DUMAC, INC. WILL ESTABLISH COMPENSATION PAID BY DUKE UNIVERSITY TO DUMAC, INC. OFFICERS AND OTHERS WHO PERFORM SERVICES FOR DUMAC, INC. BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, OR CURRENT COMPENSATION SURVEYS. A DUMAC, INC. INDEPENDENT COMPENSATION COMMITTEE REVIEWS PROPOSED COMPENSATION AND MAKES RECOMMENDATIONS TO THE DUMAC, INC. BOARD OF DIRECTORS EXECUTIVE COMMITTEE, WHICH PROVIDES ULTIMATE APPROVAL.
PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: THE FOLLOWING INDIVIDUALS PARTICIPATED IN AND RECEIVED PAYMENTS UNDER A DEFERRED COMPENSATION PLAN DESCRIBED UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE: ANIL MADHOK $135,200 AND ROBERT MCGRAIL $13,520. SUCH AMOUNTS WERE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE AS DEFINED UNDER IRC SECTION 457(F).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
10 May 2025
IRS schema version
2023v6.0
Source object
202521359349300722

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.