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What is the Duke Endowment?
What did Duke want to do with his endowment?
How does DUMAC manage the Duke Endowment?
Why did Duke give a centennial gift to the endowment?
What is Duke University's Endowment 2022-23?
Why do we need an endowment?
While the two institutions have a common heritage, Duke University and The Duke Endowment foundation are separate entities. The Duke Endowment is not the name for the university’s endowment; rather, it is the name of a Charlotte-based charitable foundation established by the university’s founder.
- Investment Performance
Duke’s primary peer benchmark (Peer Group Median) in the...
- Risk Management
Also measured below is the incremental return per unit of...
- Investment Managers
Duke’s endowment assets are managed collectively. Much the...
- Endowment
Duke University’s Endowment. The mission of Duke...
- Investment Performance
The Duke Endowment has awarded more than $4 billion in grants since its inception, including over $1.5 billion to Duke University. With assets of $4.7 billion at the end of 2020, it is one of the nation’s largest private foundations.
- 704.376.0291, Charlotte, 28202, North Carolina
The Duke Endowment is a private foundation established in 1924 by industrialist and philanthropist James B. Duke. It supports selected programs of higher education, health care, children's welfare, and spiritual life in North Carolina and South Carolina .
- Duke University’s Endowment
- Management
- Spending
The mission of Duke University’s endowment is to support the people, programs and activities of the university in perpetuity. Over the years, growth of the endowment through investment return and charitable giving has enabled the university to provide scholarships and fellowships to students, build faculty excellence, launch new programs and resear...
Duke’s endowment assets are managed collectively. Much the way individual investors pool their assets in a mutual fund, each of the individual funds comprising the university’s endowment owns units in Duke’s Long Term Pool (LTP). The LTP is managed by DUMAC Inc., a professionally staffed investment organization controlled by Duke University. DUMAC ...
The university employs spending and investment policies designed to provide a stable flow of support for the university’s annual operations while preserving the future purchasing power of the endowment. A per unit endowment spending rate is established and approved annually by the university’s board of trustees. This rate seeks to balance an inflat...
In 1924, James B. Duke established The Duke Endowment and set forth a vision for an institution of higher education that became Duke University. In the century that has followed, Duke University has grown to not only fulfill, but perhaps exceed, Mr. Duke’s vision of “maintaining a place of real leadership in the educational world.”.
- 800 East Morehead, Charlotte, 28202, North Carolina
Nov 30, 2023 · The Duke Endowment, based in Charlotte, is Duke University’s largest donor and has awarded nearly $2 billion to the university and Duke Health in the last 100 years.
The university employs spending and investment policies designed to provide a stable flow of support for the university’s annual operations while preserving the future purchasing power of the endowment.
