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North Carolina · Nonprofit

THE DUKE ENDOWMENT

THE DUKE ENDOWMENT (North Carolina) receives grants from 3 organizations whose IRS filings report $99,112,922 to it, the largest being BLUE MERIDIAN PARTNERS INC ($98,577,800). 2 of them have funded it in more than one year.

Revenue FY2024
$371M
Funders on record
3
Grants received
$99M
Net assets
$3.5B
2/3 repeat funderspeak grant-dependency 24%
01What it does

What The Duke Endowment does

Programs

  1. Communicating the work and mission of our grantees through our website, reports, newsletters and social media efforts, informing the field about strategy and outcomes.

    $1,552,071 spent
  2. Conducting studies/evaluations/research for various grant projects.

    $1,272,622 spent
  3. Conducting educational conferences and seminars.

    $488,258 spent
  4. Support program staff on boards and advisory committees of charitable organizations or task forces.

    $89,200 spent

The 4 programs described on its FY2023 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.

100 = 20192019 Revenue 100 ($245M) Expenses 100 ($196M) Net assets 100 ($2.7B)2020 Revenue 67 ($163M) Expenses 106 ($208M) Net assets 98 ($2.6B)2021 Revenue 340 ($832M) Expenses 113 ($220M) Net assets 119 ($3.2B)2022 Revenue 203 ($498M) Expenses 130 ($255M) Net assets 130 ($3.5B)2023 Revenue 58 ($142M) Expenses 130 ($254M) Net assets 125 ($3.4B)2024 Revenue 151 ($371M) Expenses 154 ($302M) Net assets 128 ($3.5B)
201920202021202220232024
Revenue (151)Expenses (154)Net assets (128)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.8B to $3.4B (+22%).

$2.8B
$2.8B
$3.4B
$3.6B
$3.5B
$3.6B
201920202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Charles C Lucas Iii

Trustee/chair

As listed on its FY2024 Form 990-PF.

201920202021202220232024
Listed181821191920
Joined·+2+3+0+0+1
No longer listed·20200
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $13M → $34M.

Funder
'18
'20
'22
'23
'25*
total
Lvh Als Foundationunclassified
$535k
funders
1
3
1
2
2

From the IRS filings of THE DUKE ENDOWMENT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE DUKE ENDOWMENT leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE DUKE ENDOWMENT.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2020 98% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THE DUKE ENDOWMENT draws 99% of its grant income from funders outside North Carolina, across 2 states in all.

NY
NC

In-state vs out-of-state, by year

’18
’20
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE DUKE ENDOWMENT

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THE DUKE ENDOWMENT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE DUKE ENDOWMENT?
THE DUKE ENDOWMENT (North Carolina) receives grants from 3 organizations whose IRS filings report $99,112,922 to it, the largest being BLUE MERIDIAN PARTNERS INC ($98,577,800). 2 of them have funded it in more than one year.
How many funders does THE DUKE ENDOWMENT have?
IRS filings report 3 organizations giving $99,112,922 in grants to THE DUKE ENDOWMENT, 2 of which have funded it in more than one year.
Who is the largest funder of THE DUKE ENDOWMENT?
BLUE MERIDIAN PARTNERS INC is the largest funder on record, with $98,577,800 in grants. The full list of funders is on this page.
How can an organization like THE DUKE ENDOWMENT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing