Company profile
The Duke Endowment
We strengthen Carolinas communities by nurturing children, promoting health, educating minds and enriching spirits.
- Industry
- Non-profit Organizations
- Employees
- 72
- Headquarters
- Charlotte, North Carolina
- Founded
- 1924
- LinkedIn followers
- 8,790
- Office locations
- 1
The Duke Endowment company summary
The Duke Endowment is a company in the Non-profit Organizations industry, headquartered in Charlotte, North Carolina, founded in 1924. On LinkedIn the company has around 72 employees and 8,790 followers.
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About The Duke Endowment
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. Duke's 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. Duke's 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 nation's 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.
Where is The Duke Endowment located?
The Duke Endowment lists 1 location.
Compare companies similar to The Duke Endowment
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| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
The Duke Endowment dukeendowment.org | Non-profit Organizations | 72 | 1924 | Charlotte, North Carolina |
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Frequently asked questions about The Duke Endowment
What does The Duke Endowment do?
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. Duke's 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. Duke's 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 nation's 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.
How many employees does The Duke Endowment have?
The Duke Endowment has around 72 employees on LinkedIn.
Where is The Duke Endowment headquartered?
The Duke Endowment is headquartered in Charlotte, North Carolina.
When was The Duke Endowment founded?
The Duke Endowment was founded in 1924.
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