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Nonprofiteer
← DUKE GIFT PROPERTIES INC

Form 990 for tax year 2022

Filed by DUKE GIFT PROPERTIES INC.

Totals

Total revenue
-$54,819
Total expenses
$725,500
Contributions and grants received
$0
Grants paid
$684,670
Program service revenue
$0
Investment income
-$54,819
Other revenue
$0
Total assets, end of year
$42,864,705
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$42,864,705
Program services expenses (Part IX)
$725,500
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$725,500

Program services were 100.0% 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.

  • 7a · Gross sales of assets other than inventory

    other assets $184,449

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

    other assets $239,268

  • 7c · Gain or loss

    other assets -$54,819

  • 7d · Net gain or loss

    total -$54,819 · related or exempt -$54,819

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $684,670 · program services $684,670

  • 11b · Fees: legal

    total $22,286 · program services $22,286

  • 11g · Fees: other

    total $900 · program services $900

  • 24a · Other expenses: PROPERTY TAXES AND DUES

    total $15,691 · program services $15,691

  • 24b · Other expenses: MISCELLANEOUS

    total $1,953 · program services $1,953

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $744,160 · end of year $385,631

  • 4 · Accounts receivable

    beginning of year $0 · end of year $12,128

  • 10a · Land, buildings and equipment: cost or other basis

    $51,394,002

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,941,703

  • 10c · Land, buildings and equipment, net

    beginning of year $823,908 · end of year $40,452,299

  • 12 · Investments: other securities

    beginning of year $0 · end of year $2,014,647

  • 27 · Net assets without donor restrictions

    beginning of year $1,568,068 · end of year $42,864,705

Mission and programs · 2022

Mission

SUPPORTING DUKE UNIVERSITY BY RECEIVING GIFTS, ACQUIRING, RETAINING AND ADMINISTERING FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR THE BENEFIT OF DUKE UNIVERSITY AND RELATED ENTITIES.

Activities or mission (Part I)

SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT

  • ACQUIRE AND RETAIN REAL OR PERSONAL PROPERTY EXCLUSIVELY FOR THE BENEFIT OF DUKE UNIVERSITY.

    Expenses $725,500 · Grants $684,670

As filed on the 2022 return.

Listed in Part VII

  • Rachel L Satterfield

    DIRECTOR/PRESIDENT

    Total calculated
    $561,492
    From this org
    $0
    From related orgs
    $511,235
    Other
    $50,257
    Hours/week
    0.1 + 40.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $486,059 related
    Bonus
    $0 + $25,176 related
    Other
    $0
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $14,631 related
    Filer's total
    $0 + $563,030 related

  • Scott F Selig

    DIRECTOR/SECRETARY

    Total calculated
    $457,123
    From this org
    $0
    From related orgs
    $397,038
    Other
    $60,085
    Hours/week
    0.1 + 40.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $397,038 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $30,164 related
    Filer's total
    $0 + $464,366 related

  • Victoria L Nevois

    FORMER DIRECTOR/OFFICER

    Total calculated
    $407,276
    From this org
    $0
    From related orgs
    $362,006
    Other
    $45,270
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $273,106 related
    Bonus
    $0 + $68,400 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $8,937 related
    Filer's total
    $0 + $408,107 related

  • Michael C Sholtz

    DIRECTOR/VICE PRESIDENT

    Total calculated
    $320,391
    From this org
    $0
    From related orgs
    $260,079
    Other
    $60,312
    Hours/week
    0.1 + 50.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $239,579 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $32,902 related
    Nontaxable benefits
    $0 + $28,130 related
    Filer's total
    $0 + $321,111 related

  • Marcia De La Torriente

    DIRECTOR/TREASURER

    Total calculated
    $125,240
    From this org
    $0
    From related orgs
    $95,690
    Other
    $29,550
    Hours/week
    0.1 + 40.3 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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BLACKWELL PARTNERS LLC - SERIES A - 20-8075455

    N/A · INVESTMENTS · DE

  • CANYON BLUE INV FD 27-0186996

    N/A · INVESTMENTS · DE

  • LYRICAL BLUE RL PT 27-2994514

    N/A · INVESTMENTS · DE

  • LYRICAL-BLUE RGNT 45-3626577

    N/A · INVESTMENTS · DE

  • SBER LUCKY STRIKE 20-3891303

    N/A · REAL ESTATE · NC

  • MANGUM II LLC - 46-5135858

    N/A · INVESTMENTS · NC

  • LS INVESTOR LLC 20-3891381

    N/A · REAL ESTATE · NC

  • DILWEG BLUE PF LP 47-1225569

    N/A · INVESTMENTS · DE

  • LYRICAL BLUE RL PT IV 47-1542108

    N/A · INVESTMENTS · DE

  • STRATUS SCP II INVESTORS - C LP

    N/A · INVESTMENTS · UK

  • ALTOS HYBRID D LLC - 47-3996176

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES C - 81-1264533

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES B

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES D

    N/A · INVESTMENTS · DE

  • BLACKWELL PARTNERS LLC - SERIES E

    N/A · INVESTMENTS · DE

  • ALTOS HYBRID 2D LLC

    N/A · INVESTMENTS · DE

  • LYRICAL-BLUE 100 KINGSHIGHWAY PARTNERS LP

    N/A · INVESTMENTS · DE

  • WASHINGTON GOTHIC LP

    N/A · INVESTMENTS · DE

  • DUKE TRIANGLE ENDOSCOPY CENTER LLC

    N/A · HEALTHCARE · NC

  • DWELLWORKS CO-INVESTMENT LLC

    N/A · INVESTMENTS · DE

  • WELLINGTON TRUST CO NA - CTF OPP FIXED INC ALLOC II POR

    N/A · INVESTMENTS · DE

  • BEP LEGACY 1C LLC

    N/A · INVESTMENTS · DE

  • ENIAC SPECIAL DELTA LLC

    N/A · INVESTMENTS · DE

  • STRATUS SCP III INVESTORS - GAMMA LP

    N/A · INVESTMENTS · UK

  • STRATUS SCP COINVESTMENT II - FIP-M

    N/A · INVESTMENTS · BR

  • MANGUM LLC

    N/A · INVESTMENTS · NC

  • CPF HEARTBEAT HEALTH INVES B LLC

    N/A · INVESTMENTS · DE

  • CPF TRIAS INVESTMENT LLC

    N/A · INVESTMENTS · DE

  • CPF HEARTBEAT HEALTH INV A LLC

    N/A · INVESTMENTS · DE

  • CPF TRIAS INVESTMENT II LLC

    N/A · INVESTMENTS · DE

  • THRIVE CAPITAL PARTNERS IV SEGMENT LLC

    N/A · INVESTMENTS · DE

  • MANGUM III LLC

    N/A · INVESTMENTS · DE

  • MANGUM III LLC - SERIES A

    N/A · INVESTMENTS · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DUKE CE (SEA) PRIVATE LIMITED

    C · SUPPORT · SN

  • DUKE CE LS INC

    C · REAL ESTATE · NC

  • DUKE CORP EDU INDIA PRIVATE

    C · CONSULTING · IN

  • DUKE CORPORATE EDUCATION LIM

    C · EDUCATION CONSULTING · UK

  • DUKE CORPORATE EDUCATION RSA

    C · CONSULTING · SF

  • DUKE GLOBAL CONSULTING (KUNSHAN)

    C · CONSULTING · CH

  • DUKE INDIA SERVICES PRIVATE LIMITED

    C · MEDICAL RESEARCH · IN

  • DUKE MEDICAL STRATEGIES INC

    C · HEALTHCARE · NC

  • DUKE MEDICINE ASIA PTE LTD

    C · MEDICAL RESEARCH · SN

  • DURHAM CASUALTY COMPANY LTD

    C · INSURANCE · BD

  • GHI ERP LTD

    C · INVESTMENTS · MP

  • GHI HOLDINGS MAURITIUS

    C · INVESTMENTS · MP

  • GHI HSP LTD

    C · INVESTMENTS · MP

  • GHI JBD LTD

    C · INVESTMENTS · MP

  • GHI LTP LTD

    C · INVESTMENTS · MP

  • GOTHIC INTERNATIONAL LTD

    C · INVESTMENTS · CJ

  • HEALTH SYSTEM MEDICAL STRATEGIES INC

    C · HEALTHCARE · NC

  • MARATHON BLUE CAYMAN FUND

    C · INVESTMENTS · CJ

  • MCP PRIVATE CAPITAL (FEEDER) FUND I LP

    C · INVESTMENTS · LU

  • VITA BELLAVISTA CASA 84 SRL

    C · REAL ESTATE · CS · 100% owned · controlled entity

    Directly controlled by DUKE GIFT PROPERTIES INC

  • VITA BELLAVISTA CASA DIECINUEVE SRL

    C · REAL ESTATE · CS · 100% owned · controlled entity

    Directly controlled by DUKE GIFT PROPERTIES INC

  • DUKE GLOBAL GERMANY GMBH

    C · EDUCATION · GM

Provenance

Return type
form_990
Tax year
2022
Filed
7 May 2024
IRS schema version
2022v5.0
Source object
202401359349313360

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