Since 1924, The Duke Endowment has worked to help people and strengthen communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits.
Fulfilling a Legacy
Located in Charlotte, N.C., the Endowment seeks to fulfill the visionary genius and innovative legacy of James Buchanan Duke, one of the great industrialists and philanthropists of the 20th century. Mr. Duke established the Endowment in 1924 with $40 million. In 1925, it was expanded with an additional $67 million from his estate. Adjusted for present value, Mr. Dukes total gifts would amount to more than $1.4 billion today.
Governed by a board of trustees, Endowment staff conduct grantmaking according to guidelines in Mr. Dukes original Indenture of Trust, a legal document that remains relevant and timely after nearly 90 years.
Our Work
The Endowment has awarded nearly $3.6 billion in grants since its inception, including over $1.5 billion to Duke University. With assets of $3.35 billion in 2015, the Endowment is one of the nations largest 501(c)(3) private foundations. Today, almost 82 percent of our total spending goes to grantmaking. Financial information is available on our web site or by contacting us.
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Frequently asked questions
When was The Duke Endowment founded?
The Duke Endowment was founded in 1924.
What industry is The Duke Endowment in?
The Duke Endowment operates in Non-profit Organizations. Find similar Non-profit Organizations investors on gritt.io.
Where is The Duke Endowment based?
The Duke Endowment is headquartered in Charlotte, United States.
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