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Duke University Special Ventures Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561465177 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Duke University Special Ventures Fund Inc?

Duke University Special Ventures Fund Inc is a nonprofit organization located at 280 S Mangum Street Suite 210, Durham, NC 27701. Established to support the exempt purposes of Duke University, a portion of its expenses is dedicated to managing assets that contribute to Duke University's mission. The organization's precise mission statement is not provided in the given information, but it is implied that they support Duke University's overall objectives. Though the description mentions allocations made to Duke University, the specific nature of these allocations or the extent of their support is not detailed.

Is Duke University Special Ventures Fund Inc legitimate?

Duke University Special Ventures Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duke University Special Ventures Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Duke University Special Ventures Fund Inc?

Duke University Special Ventures Fund Inc, as per its stated mission, was established to support the exempt purposes of Duke University. The organization allocates a portion of its expenses towards managing assets that contribute to Duke University's objectives. While the specific mission statement is not provided in the information given, the fund's primary role is to support Duke University in achieving its exempt purposes, which could include academic, research, or community-related endeavors. The exact mission details, such as specific goals or areas of focus, are not disclosed in the provided information.

Who is the CEO of Duke University Special Ventures Fund Inc?

Neal F Triplett is the Director/President of Duke University Special Ventures Fund Inc.

What is the revenue of Duke University Special Ventures Fund Inc?

Duke University Special Ventures Fund Inc's revenue in 2022 was $114,883.

Who are the executives of Duke University Special Ventures Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Neal F Triplett (Director/President)
  • Compensation: $0
  • Related: $2,842,965
  • Other: $117,778
Robert Mcgrail (Director/Secretary)
  • Compensation: $0
  • Related: $405,711
  • Other: $58,508
Gregory A Hudgins (Director)
  • Compensation: $0
  • Related: $221,783
  • Other: $43,970
Jannine M Lall (Director/Treasurer)
  • Compensation: $0
  • Related: $212,569
  • Other: $39,062
Where can I find the form 990 for Duke University Special Ventures Fund Inc?

Duke University Special Ventures Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Duke University Special Ventures Fund Inc

Duke University Special Ventures Fund Inc, as per the information provided, was established to support the exempt purposes of Duke University. The organization's activities are primarily geared towards managing assets that contribute to Duke University's mission. A significant portion of its expenses is allocated towards supporting Duke University's exempt objectives. The mission statement of Duke University Special Ventures Fund Inc, however, is not explicitly provided in the given data. Therefore, it remains unclear what specific exempt purposes Duke University Special Ventures Fund Inc is actively engaged in supporting.

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Impact




October, 2024

Duke University Special Ventures Fund Inc plays a crucial role in supporting the educational and operational missions of Duke University. By managing assets and allocating resources, the Fund contributes directly to the university's initiatives and overall objectives. In recent allocations, the Fund provided $400,000 to Duke University, facilitating various programs and projects that enhance academic excellence and foster research. This financial support demonstrates the Fund's commitment to enriching the educational landscape and furthering the university's mission in Durham, North Carolina, and beyond.




This information is meant to be a general summary of Duke University Special Ventures Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$114,883 (2022)
Expenses
$417,100 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $92,932
  • Gross Receipts: $22,345

Assets and Liabilities:

  • Total Assets: $665,908
  • Total Liabilities: $0
  • Net Assets: $665,908

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Organization Details

Founding Year

1984

Principal Officer

Neal F Triplett

Main Address

280 S MANGUM STREET SUITE 210, DURHAM, NC, 27701

NTEE Category

Code: B110 - Education

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