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Nonprofiteer
← DUKE UNIVERSITY

Form 990 for tax year 2024

Filed by DUKE UNIVERSITY.

Totals

Total revenue
$4,754,345,666
Total expenses
$4,350,043,942
Contributions and grants received
$1,975,474,083
Grants paid
$518,261,261
Program services expenses (Part IX)
$3,901,884,545
Management and general expenses
$343,005,130
Fundraising expenses
$105,154,267
Program service expenses (Part III)
$3,901,884,545

Program services were 89.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ADAM SILVER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6 + 2.1 related

  • AMY ABERNETHY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ANN PELHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • CARMICHAEL S ROBERTS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVID S TAYLOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • EDDY H CUE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • EDGAR VIRGUEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • EDWARD A GILHULY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • GRANT H HILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • GREGORY V PALMER

    TRUSTEE

    Total calculated
    $3,000
    From this org
    $3,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • JB PRITZKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES C ZELTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 0.1 related

  • JEFFREY W UBBEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • KAREN M KING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • KATHRYN A HOLLISTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • L FREDERICK SUTHERLAND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • LAURENE M SPERLING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6 + 8 related

  • LISA M BORDERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • MARY T BARRA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6

  • MELISSA BERNSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL G RHODES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL J BINGLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL R STONE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • NANCY M SCHLICHTING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • NANCY-ANN DEPARLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • PATRICIA RODERICK MORTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • ROBERT R PENN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • SHARON MARCIL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • STEPHEN G PAGLIUCA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SYDNEY HUNT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • THOMAS H LISTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • TIMOTHY D COOK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • VIKAS J PATEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WARREN LATTIMORE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM G KAELIN JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • XIQING GAO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • VINCENT E PRICE

    PRESIDENT/TRUSTEE

    Total calculated
    $2,200,045
    From this org
    $2,137,417
    From related orgs
    $0
    Other
    $62,628
    Hours/week
    48 + 3.3 related

    Schedule J breakdown matched by us

    Base
    $2,114,417
    Bonus
    $0
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $27,489
    Filer's total
    $2,206,978

  • DANIEL G ENNIS

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $1,537,454
    From this org
    $1,464,086
    From related orgs
    $0
    Other
    $73,368
    Hours/week
    40 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $1,334,937
    Bonus
    $106,149
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $35,641
    Filer's total
    $1,541,799

  • MARY E KLOTMAN MD

    EVP FOR HEALTH AFFAIRS & DEAN OF SOM

    Total calculated
    $1,580,961
    From this org
    $1,522,644
    From related orgs
    $0
    Other
    $58,317
    Hours/week
    49 + 12.2 related

    Schedule J breakdown matched by us

    Base
    $1,147,203
    Bonus
    $356,274
    Other
    $19,167
    Deferred
    $42,072
    Nontaxable benefits
    $19,983
    Filer's total
    $1,584,699

  • ALEC GALLIMORE

    PROVOST

    Total calculated
    $1,212,129
    From this org
    $1,081,866
    From related orgs
    $53,500
    Other
    $76,763
    Hours/week
    50 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $988,218 + $53,500 related
    Bonus
    $70,390
    Other
    $23,258
    Deferred
    $42,072
    Nontaxable benefits
    $37,905
    Filer's total
    $1,161,843 + $53,500 related

  • PAMELA J BERNARD

    PART YEAR VP & UNIVERSITY COUNSEL

    Total calculated
    $762,946
    From this org
    $702,209
    From related orgs
    $0
    Other
    $60,737
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $679,209
    Bonus
    $0
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $20,828
    Filer's total
    $765,109

  • RACHEL SATTERFIELD

    TREASURER & VP OF FINANCE

    Total calculated
    $727,987
    From this org
    $670,285
    From related orgs
    $0
    Other
    $57,702
    Hours/week
    40 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $670,285
    Bonus
    $0
    Other
    $0
    Deferred
    $42,072
    Nontaxable benefits
    $17,767
    Filer's total
    $730,124

  • MARGARET W EPPS

    UNIVERSITY SECRETARY

    Total calculated
    $578,436
    From this org
    $521,815
    From related orgs
    $0
    Other
    $56,621
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $498,815
    Bonus
    $0
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $16,118
    Filer's total
    $580,005

  • KIM TAYLOR

    PART YEAR VP & UNIVERSITY COUNSEL

    Total calculated
    $681,855
    From this org
    $610,592
    From related orgs
    $0
    Other
    $71,263
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,241
    Bonus
    $257,052
    Other
    $35,299
    Deferred
    $34,686
    Nontaxable benefits
    $37,640
    Filer's total
    $682,918

  • NEAL F TRIPLETT

    CHIEF INVESTMENT OFFICER

    Total calculated
    $5,012,725
    From this org
    $4,885,718
    From related orgs
    $0
    Other
    $127,007
    Hours/week
    50 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $887,718
    Bonus
    $3,975,000
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $87,795
    Filer's total
    $5,015,585

  • GARY BENNETT

    DEAN, COLLEGE OF A & S

    Total calculated
    $795,609
    From this org
    $729,880
    From related orgs
    $0
    Other
    $65,729
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $706,880
    Bonus
    $0
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $27,546
    Filer's total
    $799,498

  • JAMES SCOTT GIBSON

    EXEC VICE DEAN OF ADMIN, SOM

    Total calculated
    $1,060,349
    From this org
    $987,123
    From related orgs
    $0
    Other
    $73,226
    Hours/week
    55 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $675,492
    Bonus
    $288,631
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $33,309
    Filer's total
    $1,062,504

  • JOHN J NOONAN

    VP FOR FACILITIES

    Total calculated
    $570,258
    From this org
    $499,153
    From related orgs
    $0
    Other
    $71,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $474,538
    Bonus
    $1,615
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $30,521
    Filer's total
    $571,746

  • KAVITA NAYAR

    INVESTMENT MANAGER

    Total calculated
    $1,899,879
    From this org
    $1,614,964
    From related orgs
    $0
    Other
    $284,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $440,265
    Bonus
    $1,027,299
    Other
    $147,400
    Deferred
    $258,272
    Nontaxable benefits
    $28,017
    Filer's total
    $1,901,253

  • JUSTIN B NIXON

    INVESTMENT MANAGER

    Total calculated
    $2,281,755
    From this org
    $1,921,010
    From related orgs
    $0
    Other
    $360,745
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $437,050
    Bonus
    $1,269,560
    Other
    $214,400
    Deferred
    $325,272
    Nontaxable benefits
    $36,862
    Filer's total
    $2,283,144

  • EVAN L JONES

    INVESTMENT MANAGER

    Total calculated
    $2,271,772
    From this org
    $1,925,902
    From related orgs
    $0
    Other
    $345,870
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $418,942
    Bonus
    $1,269,560
    Other
    $237,400
    Deferred
    $325,272
    Nontaxable benefits
    $21,902
    Filer's total
    $2,273,076

  • MANUEL DIAZ

    COACH

    Total calculated
    $4,291,195
    From this org
    $4,171,974
    From related orgs
    $0
    Other
    $119,221
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $4,119,975
    Bonus
    $28,999
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $77,163
    Filer's total
    $4,291,209

  • JONATHAN SCHEYER

    COACH

    Total calculated
    $2,827,208
    From this org
    $2,764,179
    From related orgs
    $0
    Other
    $63,029
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,588,533
    Bonus
    $1,150,000
    Other
    $25,646
    Deferred
    $42,072
    Nontaxable benefits
    $26,206
    Filer's total
    $2,832,457

  • JONATHAN COOK MD

    PHYSICIAN

    Total calculated
    $3,376,664
    From this org
    $215,316
    From related orgs
    $3,098,678
    Other
    $62,670
    Hours/week
    1.9 + 38.9 related

    Schedule J breakdown matched by us

    Base
    $192,316 + $2,506,241 related
    Bonus
    $0 + $592,437 related
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $21,149 + $8,321 related
    Filer's total
    $278,537 + $3,106,999 related

  • JOSEPH TUREK MD

    PHYSICIAN

    Total calculated
    $2,594,284
    From this org
    $432,127
    From related orgs
    $2,092,811
    Other
    $69,346
    Hours/week
    6.2 + 33.8 related

    Schedule J breakdown matched by us

    Base
    $409,127 + $1,841,611 related
    Bonus
    $0 + $251,200 related
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $28,600 + $6,114 related
    Filer's total
    $502,799 + $2,098,925 related

  • JENNIFER FRANCIS

    PROFESSOR

    Total calculated
    $2,985,728
    From this org
    $2,935,454
    From related orgs
    $0
    Other
    $50,274
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $435,454
    Bonus
    $0
    Other
    $2,500,000
    Deferred
    $42,072
    Nontaxable benefits
    $9,604
    Filer's total
    $2,987,130

  • MOHAMED NOOR

    FORMER KEY EMPLOYEE

    Total calculated
    $611,073
    From this org
    $548,577
    From related orgs
    $0
    Other
    $62,496
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,980
    Bonus
    $311,597
    Other
    $23,000
    Deferred
    $42,072
    Nontaxable benefits
    $21,047
    Filer's total
    $611,696

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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 1A
CHARTER TRAVEL JONATHAN SCHEYER USED CHARTER TRAVEL SERVICES AND TO THE EXTENT SUCH TRAVEL WAS NOT FOR BUSINESS PURPOSES, SUCH AMOUNTS WERE INCLUDED IN TAXABLE INCOME OF THE INDIVIDUAL. VINCENT E. PRICE, DANIEL G. ENNIS AND MARGARET W. EPPS USED FIRST CLASS OR CHARTER TRAVEL SERVICES. SUCH TRAVEL WAS FOR BUSINESS PURPOSES AND NOT INCLUDED IN TAXABLE INCOME TO THE INDIVIDUALS. TRAVEL FOR COMPANIONS COMPANIONS HAVE TRAVELED WITH VINCENT E. PRICE AND JONATHAN SCHEYER. TO THE EXTENT IT WAS PERSONAL IN NATURE, SUCH AMOUNTS WERE INCLUDED IN THEIR TAXABLE INCOME. RESIDENCE FOR PERSONAL USE VINCENT E. PRICE WAS PROVIDED WITH ON CAMPUS LIVING FACILITIES AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. ACCORDINGLY, SUCH LODGING IS NOT INCLUDED IN TAXABLE INCOME. PERSONAL SERVICES THE UNIVERSITY PROVIDES HOUSEKEEPING SERVICES TO MAINTAIN ALL UNIVERSITY FACILITIES, INCLUDING THE FACILITIES USED BY THE UNIVERSITY'S PRESIDENT. IN ADDITION TO PROVIDING A PERSONAL RESIDENCE THAT IS FOR THE CONVENIENCE OF THE UNIVERSITY, THE FACILITIES ARE USED THROUGHOUT THE YEAR FOR NUMEROUS DUKE RELATED FUNCTIONS. CLUB DUES JAMES SCOTT GIBSON WAS PROVIDED WITH CLUB MEMBERSHIPS. TO THE EXTENT THE DUES WERE CONSIDERED PERSONAL, THE AMOUNTS WERE INCLUDED IN TAXABLE INCOME. DUKE POLICY GOVERNS THE NATURE AND TYPE OF ALLOWABLE EXPENDITURES AND PAYMENTS, INCLUDING REQUIREMENTS TO PROVIDE SUPPORTING DOCUMENTATION DETAILING THE TRANSACTION AND BUSINESS PURPOSE. ANY APPROVED EXCEPTIONS TO POLICY ARE DOCUMENTED IN CORRESPONDENCE OR EMPLOYMENT AGREEMENTS. TAX INDEMNIFICATION ALEC GALLIMORE, JONATHAN SCHEYER, AND KIM TAYLOR RECEIVED A BENEFIT THAT WAS GROSSED UP TO COMPENSATE FOR WITHHOLDING OF TAXES. SUCH AMOUNTS WERE INCLUDED IN THEIR TAXABLE INCOME.
PART I, LINES 4A-B
SEVERANCE PAYMENT JENNIFER FRANCIS RECEIVED A PAYMENT IN CONNECTION WITH A SEPARATION AGREEMENT. SUCH AMOUNTS WERE INCLUDED IN SCHEDULE J, PART II, COLUMN B (III). 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: EVAN L. JONES $214,400; JUSTIN B. NIXON $214,400 AND KAVITA NAYAR $147,400. 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

The 10 largest by cash amount. The API serves every itemized grant.

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
2024
Filed
11 May 2026
IRS schema version
2024v5.5
Source object
202611359349301296

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

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