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Nonprofiteer
← DUMAC INC

Form 990 for tax year 2022

Filed by DUMAC INC.

Totals

Total revenue
$29,420,671
Total expenses
$29,322,167
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$27,616,068
Management and general expenses
$1,706,099
Fundraising expenses
$0
Program service expenses (Part III)
$27,616,068

Program services were 94.2% 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
    $4,292,537
    From this org
    $0
    From related orgs
    $4,191,717
    Other
    $100,820
    Hours/week
    0.1 + 40.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $821,217 related
    Bonus
    $0 + $3,350,000 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $66,307 related
    Filer's total
    $0 + $4,295,188 related

  • VINCENT E PRICE

    DIRECTOR

    Total calculated
    $1,806,377
    From this org
    $0
    From related orgs
    $1,751,192
    Other
    $55,185
    Hours/week
    0.1 + 51.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,730,692 related
    Bonus
    $0
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $23,691 related
    Filer's total
    $0 + $1,812,047 related

  • DANIEL G ENNIS

    DIRECTOR

    Total calculated
    $1,356,463
    From this org
    $0
    From related orgs
    $1,287,344
    Other
    $69,119
    Hours/week
    0.1 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,195,314 related
    Bonus
    $0 + $71,530 related
    Other
    $0 + $20,500 related
    Deferred
    $0 + $37,164 related
    Nontaxable benefits
    $0 + $35,848 related
    Filer's total
    $0 + $1,360,356 related

  • LAURENE M SPERLING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 14 related

  • KEVIN A BAGGETT MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • T RITSON FERGUSON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • EDWARD A GILHULY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • CYNTHIA L MEYN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • THRUSTON B MORTON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • GEOFFREY S REHNERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • JAMES C ZELTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2 related

  • ROBERT MCGRAIL

    SECRETARY

    Total calculated
    $560,218
    From this org
    $0
    From related orgs
    $497,125
    Other
    $63,093
    Hours/week
    0.1 + 50.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,908 related
    Bonus
    $0 + $203,012 related
    Other
    $0 + $38,205 related
    Deferred
    $0 + $54,869 related
    Nontaxable benefits
    $0 + $9,020 related
    Filer's total
    $0 + $561,014 related

  • ANIL MADHOK

    TREASURER

    Total calculated
    $1,711,303
    From this org
    $0
    From related orgs
    $1,479,694
    Other
    $231,609
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $373,191 related
    Bonus
    $0 + $935,403 related
    Other
    $0 + $171,100 related
    Deferred
    $0 + $211,964 related
    Nontaxable benefits
    $0 + $20,808 related
    Filer's total
    $0 + $1,712,466 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 $150,600 AND ROBERT MCGRAIL $17,705. 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
2022
Filed
2 May 2024
IRS schema version
2022v5.0
Source object
202431359349300223

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