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Nonprofiteer
← DUKE UNIVERSITY

Form 990 for tax year 2023

Filed by DUKE UNIVERSITY.

Totals

Total revenue
$4,479,223,078
Total expenses
$4,143,403,564
Contributions and grants received
$1,974,843,265
Grants paid
$470,027,162
Program services expenses (Part IX)
$3,760,676,793
Management and general expenses
$293,134,389
Fundraising expenses
$89,592,382
Program service expenses (Part III)
$3,760,676,793

Program services were 90.8% 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

  • ANN PELHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • CARMICHAEL S ROBERTS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1.1 related

  • DAVID S TAYLOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • DOHA ALI

    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
    $0
    Hours/week
    2

  • JB PRITZKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JAMES C ZELTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 0.1 related

  • JEFFREY W UBBEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • KACIA A ANDERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • 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
    2

  • LAURENE M SPERLING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6 + 8.1 related

  • LISA M BORDERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • MARY T BARRA

    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

  • NANCY M SCHLICHTING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • NANCY-ANN DEPARLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • 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

  • 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 + 0.1 related

  • VINCENT E PRICE

    PRESIDENT/TRUSTEE

    Total calculated
    $1,947,578
    From this org
    $1,888,010
    From related orgs
    $0
    Other
    $59,568
    Hours/week
    48 + 3.3 related

    Schedule J breakdown matched by us

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

  • WILLIAM G KAELIN JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • XIQING GAO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • PATRICIA RODERICK MORTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • ALEC GALLIMORE

    PROVOST

    Total calculated
    $662,227
    From this org
    $590,015
    From related orgs
    $13,375
    Other
    $58,837
    Hours/week
    50 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $481,278 + $13,375 related
    Bonus
    $97,405
    Other
    $11,332
    Deferred
    $40,376
    Nontaxable benefits
    $20,032
    Filer's total
    $650,423 + $13,375 related

  • DANIEL G ENNIS

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $1,427,849
    From this org
    $1,352,969
    From related orgs
    $0
    Other
    $74,880
    Hours/week
    40 + 0.3 related

    Schedule J breakdown matched by us

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

  • MARGARET W EPPS

    UNIVERSITY SECRETARY

    Total calculated
    $516,088
    From this org
    $457,220
    From related orgs
    $0
    Other
    $58,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $457,220
    Bonus
    $0
    Other
    $0
    Deferred
    $40,376
    Nontaxable benefits
    $19,925
    Filer's total
    $517,521

  • MARY E KLOTMAN MD

    EXECUTIVE VICE PRESIDENT FOR HEALTH AFFAIRS & DEAN

    Total calculated
    $1,427,444
    From this org
    $1,372,322
    From related orgs
    $0
    Other
    $55,122
    Hours/week
    44 + 12.2 related

    Schedule J breakdown matched by us

    Base
    $949,306
    Bonus
    $400,516
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $17,813
    Filer's total
    $1,430,511

  • PAMELA J BERNARD

    VP & UNIVERSITY COUNSEL

    Total calculated
    $894,374
    From this org
    $837,150
    From related orgs
    $0
    Other
    $57,224
    Hours/week
    55 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $814,650
    Bonus
    $0
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $19,467
    Filer's total
    $896,993

  • RACHEL SATTERFIELD

    TREASURER & VP FOR FINANCE

    Total calculated
    $733,163
    From this org
    $631,069
    From related orgs
    $0
    Other
    $102,094
    Hours/week
    40 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $618,481
    Bonus
    $12,588
    Other
    $0
    Deferred
    $40,376
    Nontaxable benefits
    $63,687
    Filer's total
    $735,132

  • EVAN L JONES

    INVESTMENT MANAGER

    Total calculated
    $1,962,033
    From this org
    $1,662,265
    From related orgs
    $0
    Other
    $299,768
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $394,722
    Bonus
    $1,109,843
    Other
    $157,700
    Deferred
    $280,776
    Nontaxable benefits
    $20,218
    Filer's total
    $1,963,259

  • GARY BENNETT

    DEAN, COLLEGE OF A & S

    Total calculated
    $1,024,820
    From this org
    $965,991
    From related orgs
    $0
    Other
    $58,829
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $494,162
    Bonus
    $449,329
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $20,033
    Filer's total
    $1,026,400

  • JAMES SCOTT GIBSON

    EXEC VICE DEAN OF ADMIN, SOM

    Total calculated
    $935,999
    From this org
    $867,451
    From related orgs
    $0
    Other
    $68,548
    Hours/week
    55 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $543,885
    Bonus
    $301,066
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $29,892
    Filer's total
    $937,719

  • JOHN J NOONAN

    VP FOR FACILITIES

    Total calculated
    $538,025
    From this org
    $470,987
    From related orgs
    $0
    Other
    $67,038
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $447,977
    Bonus
    $510
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $28,064
    Filer's total
    $539,427

  • JUSTIN B NIXON

    INVESTMENT MANAGER

    Total calculated
    $1,970,856
    From this org
    $1,657,940
    From related orgs
    $0
    Other
    $312,916
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $412,897
    Bonus
    $1,109,843
    Other
    $135,200
    Deferred
    $280,776
    Nontaxable benefits
    $33,450
    Filer's total
    $1,972,166

  • KAVITA NAYAR

    INVESTMENT MANAGER

    Total calculated
    $1,618,302
    From this org
    $1,382,597
    From related orgs
    $0
    Other
    $235,705
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $389,546
    Bonus
    $946,576
    Other
    $46,475
    Deferred
    $210,276
    Nontaxable benefits
    $26,637
    Filer's total
    $1,619,510

  • NEAL F TRIPLETT

    CHIEF INVESTMENT OFFICER

    Total calculated
    $4,700,363
    From this org
    $4,539,339
    From related orgs
    $0
    Other
    $161,024
    Hours/week
    50 + 0.4 related

    Schedule J breakdown matched by us

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

  • A EUGENE WASHINGTON MD

    CHANCELLOR EMERITUS FOR HEALTH AFFAIRS

    Total calculated
    $3,197,701
    From this org
    $3,135,552
    From related orgs
    $0
    Other
    $62,149
    Hours/week
    33 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $1,632,022
    Bonus
    $1,480,816
    Other
    $22,714
    Deferred
    $40,376
    Nontaxable benefits
    $27,106
    Filer's total
    $3,203,034

  • ANIL MADHOK

    CHIEF OPERATING OFFICER DUMAC

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

    Schedule J breakdown matched by us

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

  • GERALD GRANT

    CHAIR OF NEUROSURGERY DEPARTMENT

    Total calculated
    $1,841,362
    From this org
    $1,766,482
    From related orgs
    $0
    Other
    $74,880
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,328,726
    Bonus
    $415,256
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $38,830
    Filer's total
    $1,845,688

  • JONATHAN SCHEYER

    COACH

    Total calculated
    $2,379,620
    From this org
    $2,319,892
    From related orgs
    $0
    Other
    $59,728
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,264,107
    Bonus
    $1,025,000
    Other
    $30,785
    Deferred
    $40,376
    Nontaxable benefits
    $23,501
    Filer's total
    $2,383,769

  • MICHAEL ELKO

    COACH

    Total calculated
    $3,899,633
    From this org
    $3,816,742
    From related orgs
    $0
    Other
    $82,891
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $3,432,992
    Bonus
    $350,000
    Other
    $33,750
    Deferred
    $40,376
    Nontaxable benefits
    $42,529
    Filer's total
    $3,899,647

  • JENNIFER FRANCIS

    FORMER OFFICER

    Total calculated
    $1,063,088
    From this org
    $980,832
    From related orgs
    $26,750
    Other
    $55,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $734,226 + $26,750 related
    Bonus
    $246,606
    Other
    $0
    Deferred
    $40,376
    Nontaxable benefits
    $17,483
    Filer's total
    $1,038,691 + $26,750 related

  • MOHAMED NOOR

    FORMER KEY EMPLOYEE

    Total calculated
    $732,149
    From this org
    $672,924
    From related orgs
    $0
    Other
    $59,225
    Hours/week
    40 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $193,055
    Bonus
    $457,369
    Other
    $22,500
    Deferred
    $40,376
    Nontaxable benefits
    $19,404
    Filer's total
    $732,704

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
  • 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 1A
CHARTER TRAVEL JONATHAN SCHEYER USED CHARTER TRAVEL SERVICES. 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 DANIEL G. ENNIS RECEIVED A BENEFIT THAT WAS GROSSED UP TO COMPENSATE FOR WITHHOLDING OF TAXES.
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: EVAN L. JONES $135,200; ANIL MADHOK 135,200; JUSTIN B. NIXON $135,200 AND KAVITA NAYAR $46,475. 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
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202501359349302225

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.