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Duke Energy Foundation

CHARLOTTE, NC EIN: 58-1586283 Website

The Duke Energy Foundation is a corporate foundation based in Charlotte, North Carolina, established in 1984. The foundation is a 501(c)(3) organization dedicated to strengthening and uplifting communities through philanthropic support and grant funding.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-69.8% YoY

Annual Giving

$25.6M

-13.7% YoY

Grant Count

41

-56.4% YoY

Avg Grant Size

$624K

+97.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Duke Energy Foundation focuses on strengthening and uplifting communities with grant funding across three primary areas:

Vibrant Economies

  • Workforce development training for jobs vital to the energy economy, creating a pipeline of future leaders
  • Community revitalization and local economic development efforts
  • Economic recovery for customers and communities facing unprecedented challenges

Local Resiliency

  • Natural disaster preparedness and response programming
  • Resiliency projects that prepare communities for and mitigate against the effects of extreme weather
  • Projects strengthening thriving natural environments, conservation, clean water, and healthy ecosystems

Community Opportunity

  • Initiatives supporting upward economic mobility and opportunity for families and individuals in the communities served
  • Programs supporting the transition for communities moving toward modern energy infrastructure
  • Programs reducing obstacles and promoting access to opportunity for all families and individuals experiencing financial need

Grantmaking

The Duke Energy Foundation accepts grant applications for $20,000 and less throughout the year on a rolling basis.

How to Apply

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Geographic Focus

Where this funder awards grants

The Duke Energy Foundation funds programs in the following states:

  • North Carolina
  • South Carolina
  • Ohio
  • Indiana
  • Kentucky
  • Florida
  • Piedmont Natural Gas service areas

Grant Distribution by State

53states
+45 more states

Cities

AbbevilleAberdeenAbileneAbingdonAcworthAdvanceAgoura HillsAikenAkronAlachuaAlbanyAlbemarleAlbionAlbuquerqueAldanAlex CityAlexandriaAlexisAlfredAllen

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Revenue: $21,294,251
  • Total Expenses: $25,607,439
  • Total Assets: $1,868,586
  • Total Liabilities: $0
  • Annual Giving: Exceeds $30 million yearly
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$1,868,586$6,181,774$34,764,674
Revenue$21,294,251$1,079,979$61,727,547
Expenses$25,607,439$29,662,879$31,424,804
Qualifying Distributions$25,592,939$29,662,879$31,424,804
Net Investment Income$466,322$1,031,898$8,257
Distributable Amount$600,597$1,145,235$515,052

Giving Over Time

Total grant dollars and number of grants per year

$0$8M$16M$25M$33M8,071 grants20207,589 grants20215,214 grants202294 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN ONLINE GIVING F…$14.5MAMERICAN ONLINE GIVING F…$6.9MFOUNDATION FOR THE CAROL…$1.6MAMERICAN ONLINE GIVING F…$420KE4E RELIEF$400KNORTH CAROLINA DEPARTMEN…$390KAMERICAN NATIONAL RED CR…$230KSECOND HARVEST FOOD BANK…$125KVOLUNTEER FLORIDA FOUNDA…$120KCENTRAL CAROLINAS COMMUN…$100K

Grant Size Distribution

241 grants across all recorded years

153<$50K19$50–100K39$100–250K15$250–500K9$500K–1M2$1–5M4$5M+

Open Grants

6 open opportunities from Duke Energy Foundation

Show all 6 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Personnel:

  • Amanda Dow – Treasurer
  • Jonathan Miller – Foundation Treasurer and Manager, Finance and Operations
  • Loretta Murray – Manager, Florida Philanthropy
  • Susan Francis – Manager, Employee Programs

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMY STRECKERPRESIDENT1
DOMINIQUE JOHNSONVICE PRESIDENT1
JONATHAN MILLERTREASURER1
MIKE HENDERSHOTTASSISTANT TREASURER1
LINDSAY SCHALLSECRETARY1
JULIE S JANSONTRUSTEE1
KODWO GHARTEY-TAGOETRUSTEE1
STEVEN K YOUNGTRUSTEE1
BRIAN D SAVOYTRUSTEE1
HARRY K SIDERISTRUSTEE1
DHIAA M JAMILTRUSTEE1
LOUIS RENJELTRUSTEE1
RON RISINGTRUSTEE1
ALEX GLENNTRUSTEE1
BONNIE TITONETRUSTEE1
SASHA WEINTRAUBTRUSTEE1
SCOTT BATSONTRUSTEE1
PRESTON GILLESPIETRUSTEE1

Recent News & Activity

Recent developments and announcements

The Duke Energy Foundation has announced several significant initiatives:

Grants - Duke Energy Foundation
2026

**Environmental Resilience (February 2026):** Committed $500,000 to support local environmental resilience programs across North Carolina

Duke Energy Foundation commits $500,000 to support local environmental resilience
2026

**Workforce Development (February 2026):** Invested $500,000 in North Carolina community colleges to strengthen the energy workforce pipeline

Duke Energy Foundation commits $500,000 to support local environmental resilience
2026

**Energy Bill Assistance (February 2026):** Approached $520,000 in energy bill assistance in South Carolina over the past year, with $187,500 in new funding following prolonged cold weather

Duke Energy invests $500,000 in North Carolina community colleges to strengthen

**Impact Metrics:**

40 years of giving back, benefiting more than 20,000 nonprofits

Duke Energy volunteers donated nearly $4 million in time to nonprofits

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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