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Nonprofiteer
← DUMAC INC

Form 990 for tax year 2024

Filed by DUMAC INC.

Totals

Total revenue
$31,760,785
Total expenses
$32,215,580
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$30,423,219
Management and general expenses
$1,792,361
Fundraising expenses
$0
Program service expenses (Part III)
$30,423,219

Program services were 94.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NEAL F TRIPLETT

    DIRECTOR/PRESIDENT

    Total calculated
    $5,012,725
    From this org
    $0
    From related orgs
    $4,885,718
    Other
    $127,007
    Hours/week
    0.1 + 50.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $887,718 related
    Bonus
    $0 + $3,975,000 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $42,072 related
    Nontaxable benefits
    $0 + $87,795 related
    Filer's total
    $0 + $5,015,585 related

  • VINCENT E PRICE

    DIRECTOR

    Total calculated
    $2,200,045
    From this org
    $0
    From related orgs
    $2,137,417
    Other
    $62,628
    Hours/week
    0.1 + 51.2 related

    Schedule J breakdown matched by us

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

  • DANIEL G ENNIS

    DIRECTOR

    Total calculated
    $1,537,454
    From this org
    $0
    From related orgs
    $1,464,086
    Other
    $73,368
    Hours/week
    0.1 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,334,937 related
    Bonus
    $0 + $106,149 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $42,072 related
    Nontaxable benefits
    $0 + $35,641 related
    Filer's total
    $0 + $1,541,799 related

  • KEVIN A BAGGETT MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • T RITSON FERGUSON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CYNTHIA L MEYN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THRUSTON B MORTON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • JAMES C ZELTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2 related

  • ASHOK VARADHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • ADAM SILVER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 8 related

  • RYAN A TALKIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • ROBERT MCGRAIL

    SECRETARY

    Total calculated
    $775,253
    From this org
    $0
    From related orgs
    $675,499
    Other
    $99,754
    Hours/week
    0.1 + 40.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,695 related
    Bonus
    $0 + $322,364 related
    Other
    $0 + $44,440 related
    Deferred
    $0 + $90,177 related
    Nontaxable benefits
    $0 + $10,540 related
    Filer's total
    $0 + $776,216 related

  • ANIL MADHOK

    PART YEAR TREASURER

    Total calculated
    $2,064,274
    From this org
    $0
    From related orgs
    $1,735,119
    Other
    $329,155
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $426,386 related
    Bonus
    $0 + $1,071,333 related
    Other
    $0 + $237,400 related
    Deferred
    $0 + $298,352 related
    Nontaxable benefits
    $0 + $32,131 related
    Filer's total
    $0 + $2,065,602 related

  • WILLIAM BOULDING

    PART YEAR TREASURER

    Total calculated
    $933,695
    From this org
    $0
    From related orgs
    $874,117
    Other
    $59,578
    Hours/week
    0.1 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $874,117 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $42,072 related
    Nontaxable benefits
    $0 + $20,321 related
    Filer's total
    $0 + $936,510 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

  • 3 · Compensation committee
  • 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 3
DUMAC, INC. WILL ESTABLISH COMPENSATION PAID BY DUKE UNIVERSITY TO DUMAC, INC. OFFICERS AND OTHERS WHO PERFORM SERVICES FOR DUMAC, INC. BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, OR CURRENT COMPENSATION SURVEYS. A DUMAC, INC. INDEPENDENT COMPENSATION COMMITTEE REVIEWS PROPOSED COMPENSATION AND MAKES RECOMMENDATIONS TO THE DUMAC, INC. BOARD OF DIRECTORS EXECUTIVE COMMITTEE, WHICH PROVIDES ULTIMATE APPROVAL.
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: ANIL MADHOK $214,400 AND ROBERT MCGRAIL $21,440. 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

No itemized grants to organizations 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.

Provenance

Return type
form_990
Tax year
2024
Filed
11 May 2026
IRS schema version
2024v5.5
Source object
202611349349306701

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