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Nonprofiteer
← PAUL G DUKE FOUNDATION INC

Form 990 for tax year 2024

Filed by PAUL G DUKE FOUNDATION INC.

Totals

Total revenue
$666,212
Total expenses
$762,525
Contributions and grants received
$0
Grants paid
$705,908
Program service revenue
$0
Investment income
$666,104
Other revenue
$108
Total assets, end of year
$10,607,090
Total liabilities, end of year
$205,000
Net assets or fund balances, end of year
$10,402,090
Program services expenses (Part IX)
$705,908
Management and general expenses
$56,617
Fundraising expenses
$0
Program service expenses (Part III)
$705,908

Program services were 92.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $236,898 · excluded $236,898

  • 7a · Gross sales of assets other than inventory

    securities $1,049,227

  • 7b · Less cost or other basis and sales expenses

    securities $620,021

  • 7c · Gain or loss

    securities $429,206

  • 7d · Net gain or loss

    total $429,206 · excluded $429,206

  • 11a · Other revenue: OTHER REVENUE

    total $108 · excluded $108

  • 11e · Other revenue, total

    $108

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $705,908 · program services $705,908

  • 11a · Fees: management

    total $34,698 · management and general $34,698

  • 11c · Fees: accounting

    total $4,300 · management and general $4,300

  • 11f · Fees: investment management

    total $4,802 · management and general $4,802

  • 13 · Office expenses

    total $344 · management and general $344

  • 24a · Other expenses: OTHER EXPENSES

    total $12,273 · management and general $12,273

  • 24b · Other expenses: FILING FEE

    total $200 · management and general $200

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $53,656 · end of year $27,650

  • 11 · Investments: publicly traded securities

    beginning of year $10,145,331 · end of year $10,579,440

  • 17 · Accounts payable and accrued expenses

    beginning of year $15

  • 18 · Grants payable

    beginning of year $234,000 · end of year $205,000

  • 27 · Net assets without donor restrictions

    beginning of year $9,964,972 · end of year $10,402,090

Mission and programs · 2024

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

TO BE A CATALYST TO ENHANCE THE QUALITY OF LIFE IN THE MIAMI COUNTY AREA.

  • EDUCATION

    Expenses $398,614 · Grants $398,614

  • SOCIAL SERVICES

    Expenses $121,000 · Grants $121,000

  • NEIGHBORHOOD

    Expenses $92,800 · Grants $92,800

  • HEALTH

    Expenses $50,000 · Grants $50,000

  • ARTS AND HUMANITIES

    Expenses $43,494 · Grants $43,494

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LINDA A DANIEL

    COMM. LIASION/PAST PRES/TR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM J MCGRAW III

    VICE PRESIDENT/TRUSTEE (THRU 12/24)

    Total calculated
    $0
    Hours/week
    1

  • RAYCE ROBINSON

    PRESIDENT/TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH MILLER

    SECRETARY/TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WADE WESTFALL

    COMMUNITY LIASON

    Total calculated
    $0
    Hours/week
    1

  • ALANDRA B BUERGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BART E DENLINGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DOUGLAS F KRIDLER

    ASSISTANT SECRETARY

    Total calculated
    $1,012,706
    From this org
    $0
    From related orgs
    $905,239
    Other
    $107,467
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $545,287 related
    Bonus
    $0 + $300,000 related
    Other
    $0 + $59,952 related
    Deferred
    $0 + $84,500 related
    Nontaxable benefits
    $0 + $22,967 related
    Filer's total
    $0 + $1,012,706 related

  • SCOTT HEITKAMP

    ASSISTANT TREASURER

    Total calculated
    $381,890
    From this org
    $0
    From related orgs
    $318,492
    Other
    $63,398
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $318,492 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $32,888 related
    Nontaxable benefits
    $0 + $30,510 related
    Filer's total
    $0 + $381,890 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, and on a Form 990-PF Part VIII's — 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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
6 May 2025
IRS schema version
2024v5.1
Source object
202511359349311256

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

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