Form 990 for tax year 2023
Filed by FUND ESTABLISHED BY WILL OF NANALINE H DUKE FOR DUKE UNIVERSIT.
Totals
- Total revenue
- $1,797,444
- Total expenses
- $1,834,684
- Contributions and grants received
- $0
- Grants paid
- $1,700,000
- Program services expenses (Part IX)
- $1,700,000
- Management and general expenses
- $134,684
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,700,000
Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
CHARLES C LUCAS III
CHAIR
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 15 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
JEAN G SPAULDING
VICE CHAIR
- Total calculated
- $193,227
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,451
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,451 related
- Filer's total
- $4,281 + $188,946 related
-
DENNIS M CAMPBELL
VICE CHAIR
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
WILLIAM BARNET III
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
JOHN FAV CECIL
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
RAVENEL B CURRY III
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
PAMELA L DAVIES
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
HARRIS E DELOACH JR
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
ALLYSON K DUNCAN
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
CONSTANCE F GRAY
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
J TRENT JONES
TRUSTEE
- Total calculated
- $193,226
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,450
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,450 related
- Filer's total
- $4,281 + $188,945 related
-
CLARENCE G NEWSOME
TRUSTEE
- Total calculated
- $193,227
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,451
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,451 related
- Filer's total
- $4,281 + $188,946 related
-
MINOR M SHAW
TRUSTEE
- Total calculated
- $193,227
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,451
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,451 related
- Filer's total
- $4,281 + $188,946 related
-
KENNETH D WEEKS JR
TRUSTEE
- Total calculated
- $193,227
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,451
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,451 related
- Filer's total
- $4,281 + $188,946 related
-
JUDY WOODRUFF
TRUSTEE
- Total calculated
- $193,227
- From this org
- $4,281
- From related orgs
- $183,495
- Other
- $5,451
- Hours/week
- 0.5 + 6 related
Schedule J breakdown matched by us
- Base
- $4,281 + $183,495 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,451 related
- Filer's total
- $4,281 + $188,946 related
-
RHETT N MABRY
PRESIDENT
- Total calculated
- $975,325
- From this org
- $0
- From related orgs
- $706,832
- Other
- $268,493
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $687,187 related
- Bonus
- $0
- Other
- $0 + $19,645 related
- Deferred
- $0 + $218,541 related
- Nontaxable benefits
- $0 + $49,952 related
- Filer's total
- $0 + $975,325 related
-
KAREN H ROGERS
CFO, TREASURER & SECRETARY
- Total calculated
- $495,982
- From this org
- $0
- From related orgs
- $406,047
- Other
- $89,935
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $400,493 related
- Bonus
- $0
- Other
- $0 + $5,554 related
- Deferred
- $0 + $40,720 related
- Nontaxable benefits
- $0 + $49,215 related
- Filer's total
- $0 + $495,982 related
-
SUSAN L MCCONNELL
VP & DIR. OF HR & HIGHER ED
- Total calculated
- $465,292
- From this org
- $0
- From related orgs
- $404,502
- Other
- $60,790
- Hours/week
- 0.25 + 40.5 related
Schedule J breakdown matched by us
- Base
- $0 + $393,427 related
- Bonus
- $0
- Other
- $0 + $11,075 related
- Deferred
- $0 + $34,735 related
- Nontaxable benefits
- $0 + $26,055 related
- Filer's total
- $0 + $465,292 related
-
WILLIAM F BACON
VP & DIRECTOR OF EVALUATION
- Total calculated
- $465,837
- From this org
- $0
- From related orgs
- $377,458
- Other
- $88,379
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $370,499 related
- Bonus
- $0
- Other
- $0 + $6,959 related
- Deferred
- $0 + $41,213 related
- Nontaxable benefits
- $0 + $47,166 related
- Filer's total
- $0 + $465,837 related
-
K TODD WALKER
DIRECTOR OF INVESTMENTS
- Total calculated
- $477,043
- From this org
- $0
- From related orgs
- $395,458
- Other
- $81,585
- Hours/week
- 0.5 + 40.5 related
Schedule J breakdown matched by us
- Base
- $0 + $387,584 related
- Bonus
- $0
- Other
- $0 + $7,874 related
- Deferred
- $0 + $34,731 related
- Nontaxable benefits
- $0 + $46,854 related
- Filer's total
- $0 + $477,043 related
-
PHILLIP REDMOND JR
DIR OF CHILD & FAMILY WELL-BEING
- Total calculated
- $404,250
- From this org
- $0
- From related orgs
- $346,619
- Other
- $57,631
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $332,692 related
- Bonus
- $0
- Other
- $0 + $13,927 related
- Deferred
- $0 + $22,260 related
- Nontaxable benefits
- $0 + $35,371 related
- Filer's total
- $0 + $404,250 related
-
LINWOOD HOLLOWELL
DIRECTOR OF HEALTH CARE
- Total calculated
- $413,128
- From this org
- $0
- From related orgs
- $341,272
- Other
- $71,856
- Hours/week
- 0.5 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $327,940 related
- Bonus
- $0
- Other
- $0 + $13,332 related
- Deferred
- $0 + $23,502 related
- Nontaxable benefits
- $0 + $48,354 related
- Filer's total
- $0 + $413,128 related
-
MEKA S SALES
DIRECTOR OF SI
- Total calculated
- $403,093
- From this org
- $0
- From related orgs
- $327,959
- Other
- $75,134
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $316,241 related
- Bonus
- $0
- Other
- $0 + $11,718 related
- Deferred
- $0 + $22,102 related
- Nontaxable benefits
- $0 + $53,032 related
- Filer's total
- $0 + $403,093 related
-
ROBERT WEBB
DIRECTOR OF RURAL CHURCH
- Total calculated
- $402,703
- From this org
- $0
- From related orgs
- $344,798
- Other
- $57,905
- Hours/week
- 0.25 + 40.25 related
Schedule J breakdown matched by us
- Base
- $0 + $333,732 related
- Bonus
- $0
- Other
- $0 + $11,066 related
- Deferred
- $0 + $23,485 related
- Nontaxable benefits
- $0 + $34,420 related
- Filer's total
- $0 + $402,703 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
- 4b · Supplemental nonqualified retirement plan
- 5a · Pay contingent on this organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 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 4B
- SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE DUKE ENDOWMENT, A RELATED ORGANIZATION, OFFERED A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO CERTAIN EXECUTIVE OFFICERS OF THAT ORGANIZATION. THE FOLLOWING PERSONS PARTICIPATED IN THE PLAN DURING 2023: RHETT N. MABRY, KAREN H. ROGERS, K. TODD WALKER, SUSAN L. MCCONNELL, LINWOOD HOLLOWELL, PHILLIP REDMOND, MEKA S. SALES, ROBERT WEBB AND WILLIAM F. BACON. NO DISTRIBUTIONS WERE MADE OUT OF THE PLAN DURING 2023.
- PART I, LINE 5
- COMPENSATION CONTINGENT ON REVENUE IN ACCORDANCE WITH THE LAST WILL AND TESTAMENT OF NANALINE H. DUKE DATED SEPTEMBER 18, 1958, COMPENSATION IS PAID TO THE TRUSTEES OF THE FUND IN THE SAME MANNER SET FORTH IN JAMES B. DUKE'S INDENTURE OF TRUST DATED DECEMBER 11, 1924. ALL TRUSTEES LISTED IN SCHEDULE J PART II AND IN FORM 990 PART VII-A RECEIVED COMPENSATION DURING THE TAX YEAR UNDER THE TERMS OF THE INDENTURE.
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
-
$1,700,000
FUNDING FOR THE JUNIOR PHYSICIAN SCIENTIST PROGRAM.
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.
-
501(C)(3) · PRIVATE FOUNDATION · NC · controlled entity
-
501(C)(3) · SUPPORTING ORGANIZATION · NC · controlled entity
-
501(C)(3) · UNIVERSITY · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433189349304918
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