FUND ESTABLISHED BY WILL OF NANALINE H DUKE FOR DUKE UNIVERSITY
800 East Morehead Street, Charlotte, NC 282024012

Total Revenue
$1,661,639
Total Expenses
$1,396,445
Net Assets
$38,260,102

Organizations Filed Purposes: TO SUPPORT DUKE UNIVERSITY, TO BE USED BY ITS HOSPITAL & MEDICAL SCHOOL AND FOR FURTHERING AND PROMOTING MEDICAL RESEARCH AT SUCH HOSPITAL AND MEDICAL SCHOOL AND FOR GENERAL PURPOSES.

ITEM VIII OF THE WILL OF NANALINE H. DUKE, THE FUND'S GOVERNING INSTRUMENT, BEQUEATHED TO THE TRUSTEES OF THE DUKE ENDOWMENT, A CHARITABLE TRUST ESTABLISHED BY JAMES B. DUKE BY INDENTURE DATED DECEMBER 11, 1924, THE PRINCIPAL SUM NOW KNOWN AS THE FUND ESTABLISHED BY WILL OF NANALINE H. DUKE FOR DUKE UNIVERSITY. THEREFORE, THE TRUSTEES OF THE FUND ARE ALSO THE SAME AS THE TRUSTEES OF THE DUKE ENDOWMENT. THE OFFICERS OF THE FUND ARE ALSO THE SAME AS THE OFFICERS OF THE DUKE ENDOWMENT. THE ORGANZIATION FOR WHOSE BENEFIT THE FUND IS OPERATING IS DUKE UNIVERSITY, DURHAM, NORTH CAROLINA, AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1). THE RELATIONSHIP BETWEEN THE FUND AND DUKE UNIVERSITY IS AS FOLLOWS: ITEM VIII OF THE WILL OF NANALINE H. DUKE, THE FUND'S GOVERNING INSTRUMENT, PROVIDES THAT INCOME AND PRINCIPAL BE PAID ONLY TO DUKE UNIVERSITY, TO BE USED FOR ITS HOSPITAL AND MEDICAL SCHOOL FOR GENERAL PURPOSES; THE FUND IS OPERATED IN CONNECTION WITH DUKE UNIVERSITY, PROVIDING SIGNIFICANT FINANCIAL AID FOR MAJOR CONSTRUCTION PROJECTS OF THE MEDICAL CENTER OF THE UNIVERSITY AND OTHER SUPPORT PROGRAMS; AND THE FUND IS NOT CONTROLLED DIRECTLY OR INDIRECTLY BY DISQUALIFIED PERSONS OTHER THAN FOUNDATION MANAGERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cg NewsomeTrustee0.5$2,789
Judy WoodruffTrustee0.5$2,789
Kenneth D Weeks JrTrustee0.5$2,789
Jean G SpauldingVice Chair0.5$2,789
Minor M ShawChair0.5$2,789
Charles C Lucas IiiTrustee0.5$2,789
Thomas S Kenan IiiTrustee0.5$2,789
J Trent JonesTRUSTEE0.5$2,789
Constance F GrayTrustee0.5$2,789
Harris E Deloach JrTrustee0.5$2,789
Ravenel B Curry IiiTrustee0.5$2,789
John Fav CecilTrustee0.5$2,789
Dennis M CampbellVice Chair0.5$2,789
William Barnet IiiTrustee0.5$2,789
Wilhelmina M Reuben-CTrustee (Thru 10/19)0.5$2,324
Arthur E Morehead IvVP & GC & SEC. (Thru 02/19)0.25$0
Robert Webb IiiDIRECTOR RURAL CHURCH DIVISION0.25$0
Phillip Redmond JrDIRECTOR CHILD CARE DIVISION0.25$0
Linwood HollowellDIR. OF HEALTH CARE DIVISION0.25$0
Susan L McconnellDIRECTOR OF HR & HIGHER ED.0.25$0
Karen H RogersCFO and Treasurer0.25$0
K Todd WalkerDirector of Investments0.5$0
Rhett N MabryPresident0.25$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003189349303345_public.xml