Overview
What is Duke University Philanthropies Inc?
Duke University Philanthropies Inc, located at 324 Blackwell Street, Washington Building 85, Durham, NC 27701, serves as a dedicated entity to manage and redistribute property solely for the benefit of Duke University. Its primary role involves receiving, holding, and disposing of property to support the university's operations and goals. While the organization's mission statement is not explicitly provided in the information, it is evident that Duke University Philanthropies Inc plays a crucial role in contributing to the university's well-being and advancement.
Is Duke University Philanthropies Inc legitimate?
Duke University Philanthropies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duke University Philanthropies 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
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What is the mission statement of Duke University Philanthropies Inc?
Duke University Philanthropies Inc's primary role is to manage and distribute property, solely for the benefit of Duke University. However, the organization's mission statement is not provided in the given data. Therefore, this information is unavailable for summary.
Who is the CEO of Duke University Philanthropies Inc?
Michael C Sholtz is the Director of Duke University Philanthropies Inc.
What is the revenue of Duke University Philanthropies Inc?
Duke University Philanthropies Inc's revenue in 2022 was $1,524,982.
Who are the executives of Duke University Philanthropies Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $394,246
- Other: $51,903
- Compensation: $0
- Related: $389,008
- Other: $65,987
- Compensation: $0
- Related: $251,905
- Other: $58,220
- Compensation: $0
- Related: $176,599
- Other: $28,445
- Compensation: $0
- Related: $127,971
- Other: $21,271
- Compensation: $0
- Related: $83,266
- Other: $38,818
- Compensation: $0
- Related: $269,328
- Other: $8,664
Where can I find the form 990 for Duke University Philanthropies Inc?
Duke University Philanthropies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Duke University Philanthropies Inc
Duke University Philanthropies Inc holds a unique mission, dedicated to serving Duke University exclusively. Their primary role is to receive, safeguard, and eventually dispose of property, ensuring it benefits the esteemed university. This mission is crucial in supporting Duke University's growth and development, ensuring its resources are utilized effectively and efficiently. While the specifics of their mission statement are not provided in the given data, it is clear that Duke University Philanthropies Inc plays a vital role in supporting the university's interests, contributing to its continued success and impact.
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Impact
October, 2024
Duke University Philanthropies Inc plays a crucial role in supporting the mission and activities of Duke University. By receiving, holding, and managing assets, the organization ensures that resources are allocated effectively for the university’s benefit. This financial stewardship allows Duke University to enhance its academic programs, research initiatives, and student services.
The impact of Duke University Philanthropies Inc extends to fostering educational excellence, promoting innovative research, and providing scholarships and financial aid, making higher education more accessible to a diverse range of students. The organization's efforts contribute to the university's growth and development, ultimately benefiting the local community in Durham, NC, and beyond through various outreach and engagement programs. Overall, its strategic management of property and resources significantly enhances the university's capacity to achieve its educational and philanthropic goals.
This information is meant to be a general summary of Duke University Philanthropies 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,236
- Gross Receipts: $1,586,562
Assets and Liabilities:
- Total Assets: $9,410,723
- Total Liabilities: $0
- Net Assets: $9,410,723
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Organization Details
Founding Year
2004
Phone
(919) 684-2006Principal Officer
Michael C Sholtz
Main Address
324 BLACKWELL ST WASHIN BLDG 85, DURHAM, NC, 27701
NTEE Category
Code: T20 - Philanthropy
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