Duke Energy Foundation
Looking for Duke Energy grants for nonprofits? Duke Energy Foundation is Duke Energy's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.
The Duke Energy Foundation is a corporate philanthropy organization based in Charlotte, North Carolina. Its filing type is a private foundation. It supports community vitality through charitable grants and employee volunteer service, with a stated focus on building vibrant economies, strengthening local resiliency, and promoting community opportunity.
Duke Energy Foundation at a glance
In short: Duke Energy Foundation gave $25.6M across 41 grants in 2024 (avg $624K), mostly in Delaware. 31% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $25,587,439
- -13.7% vs 2023
- Grants made (2024)
- 41
- -56.4% vs 2023
- Average grant
- $624,084
- +97.8% vs 2023
- Median grant
- $25,000
- Total assets
- $1,868,586
- -69.8% vs 2023
- New grantees (estimate)
- 31% first-time grantees (12 of 39, 2024)
- Primary geography
- Delaware (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Duke Energy Foundation
- How to Apply
-
The Foundation’s website describes an application process that begins with eligibility review and contact with a local representative before submitting an electronic application. The Foundation’s 2024 filing states that it does not restrict giving to preselected organizations.
- Review Cycle
- The North Carolina nonprofit capacity-building opportunity listed applications through May 29, 2026; that deadline has passed. The Ohio page lists workforce development applications due April 1 and urban revitalization applications due July 31, without specifying a year.
- Deadline
- The North Carolina nonprofit capacity-building opportunity listed applications through May 29, 2026; that deadline has…
- Contact
Mailing address: See Statement, Charlotte, NC 28202
Phone: (980) 373-8711
Website: https://foundation.duke-energy.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
6 open opportunities from Duke Energy Foundation
Duke Energy: Florida: Local Impact Grants
Duke Energy Foundation
Amount
Up to US $20,000
Deadline
Deadline not published
Duke Energy: Kentucky: Local Impact Grants
Duke Energy Foundation
Amount
Up to US $20,000
Deadline
Deadline not published
Duke Energy: North Carolina: Local Impact Grants
Duke Energy Foundation
Amount
Up to US $20,000
Deadline
Deadline not published
Who Duke Energy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Online Giving Foundation Inc ($21.8M across 3 grants). Together the top 10 received $24.9M.
Grant Size Distribution
21,009 grants across all recorded years
The most common grant size was under $50K: 20,667 grants of 21,009 (98%).
Geographic Focus
Where this funder awards grants
The Foundation identifies North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana as its primary states. Its website says applicants must serve communities also served by Duke Energy. The 2024 filing’s recipient-state distribution lists Delaware at 85%, North Carolina at 11%, and Florida, South Carolina, and Washington, DC, at 1% each.
Grant Distribution by State
Share of 2024 grant dollars across all 41 itemized grants.
States
Cities
Is Duke Energy Foundation open to new grantees?
31%
first-time grantees, 2024
In 2024, 12 of 39 grantees (31%) were first-time recipients. First grants averaged $96K; repeat grants $905K. How we count
Medians: $25K first-time, $25K repeat.
- 28% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25.6M (2024) to $33.0M (2020). In 2024 it made 41 grants totaling $25.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Inc Newark, DE | GRANTS | $14,460,892 |
| American Online Giving Foundation Inc Newark, DE | Employee Matching Gift Donations | $6,922,765 |
| Foundation for the Carolinas Charlotte, NC | Grant - Public Assistance STLF | $1,550,000 |
| American Online Giving Foundation Inc Newark, DE | Public Assistance STLF | $419,676 |
| E4E Relief Charlotte, NC | GRANTS | $400,000 |
| North Carolina Department of Health and Human Services Division of Social Raleigh, NC | Public Assistance STLF | $389,846 |
| American National Red Cross Washington, DC | GRANT | $230,000 |
| Second Harvest Food Bank of Metrolina Charlotte, NC | GRANT | $125,000 |
| Volunteer Florida Foundation Inc Tallahassee, FL | GRANT | $120,000 |
| Central Carolinas Community Foundation Columbia, SC | GRANT | $100,000 |
Ready to take the next step with Duke Energy Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,868,586 | $21,294,251 | $25,607,439 | $25,587,439 | 41 | $25,592,939 | $466,322 | $600,597 |
| 2023 | $6,181,774 | $1,079,979 | $29,662,879 | $29,657,641 | 94 | $29,662,879 | $1,031,898 | $1,145,235 |
| 2022 | $34,764,674 | $61,727,547 | $31,424,804 | $31,419,504 | 5,214 | $31,424,804 | $8,257 | $515,052 |
| 2021 | $4,461,931 | $408,995 | $28,105,785 | $28,100,685 | 7,589 | $28,105,785 | $19,562 | $959,287 |
| 2020 | $32,158,721 | $61,354,545 | $32,986,403 | $32,981,385 | 8,071 | — | $29,146 | $436,301 |
Under IRS private-foundation payout rules, Duke Energy Foundation reported a distributable amount of $601K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The Foundation says it powers the vitality of the communities it serves by building vibrant economies, strengthening local resiliency, and promoting community opportunity. Its website describes support for workforce development and local economic development; disaster preparedness, extreme-weather resilience, conservation, clean water, and healthy ecosystems; and initiatives that promote economic mobility, access to opportunity, and communities’ transitions toward modern energy infrastructure.
The Foundation’s 2024 grants included support for organizations working in a range of areas. Foundation for the Carolinas describes its mission as inspiring philanthropy and strengthening its region through community initiatives and services to donors and constituents. Second Harvest Food Bank of Metrolina says it works to feed people through partner agencies and community education. Crisis Assistance Ministry says it assists and advocates for people in financial crisis as they work toward self-sufficiency.
Grantmaking
The 2024 filing reports 41 grants totaling $25,587,439. Grant amounts ranged from $2,500 to $14,460,892, with a median of $25,000. The largest reported grants included $14,460,892 to American Online Giving Foundation Inc. for grants, $6,922,765 to the same organization for employee matching gift donations, $1,550,000 to Foundation for the Carolinas, and $400,000 to E4E Relief.
Other reported recipients included the American National Red Cross, which received $230,000; Second Harvest Food Bank of Metrolina, which received $125,000; Volunteer Florida Foundation, which received $120,000; and Feeding Florida, which received $100,000.
The website says applications for grants of $20,000 or less are accepted throughout the year on a rolling basis, and asks applicants to discuss proposals with their state representative before applying. Its application process is to check eligibility, review alignment with the focus areas, contact the local representative, submit an electronic application, and undergo review. The website says review may take up to three months or more. Applicants must be public charities with current 501(c)(3) status or governmental entities, serve communities also served by Duke Energy, have a nondiscrimination policy, and be able to measure and report program outcomes. Governmental entities must submit a W-9. The website lists churches or evangelical organizations, private foundations or endowments, foreign organizations, for-profit organizations, individuals, and organizations with a substantial purpose of influencing political, legislative, or regulatory causes among those ineligible for support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Amy Strecker as president; Dominique Johnson as vice president; Jonathan Miller as treasurer; Mike Hendershott as assistant treasurer; and Lindsay Schall as secretary. Trustees listed on that filing are Julie S. Janson, Kodwo Ghartey-Tagoe, Steven K. Young, Brian D. Savoy, and Harry K. Sideris.
Duke Energy Foundation is led by Amy Strecker, President since 2022 (on filings since 2020); none of the 18 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amy Strecker
President
Vice President → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Brian D. Savoy
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dhiaa M. Jamil
Trustee
On filings since 2020
1 hr/week
No compensation reported
Harry K. Sideris
Trustee
On filings since 2020
1 hr/week
No compensation reported
Julie S. Janson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kodwo Ghartey-Tagoe
Trustee
On filings since 2020
1 hr/week
No compensation reported
Steven K. Young
Trustee
On filings since 2020
1 hr/week
No compensation reported
Alex Glenn
Trustee
On filings since 2021
1 hr/week
No compensation reported
Louis Renjel
Trustee
On filings since 2021
1 hr/week
No compensation reported
Ron Rising
Trustee
On filings since 2021
1 hr/week
No compensation reported
Bonnie Titone
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Preston Gillespie
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Sasha Weintraub
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Scott Batson
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Jonathan Miller
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mike Hendershott
Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Dominique Johnson
Vice President
On filings since 2022
1 hr/week
No compensation reported
Lindsay Schall
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (4)
- Former: Nancy Wright (2020–2022) — Secretary
- Former: Wendy Smith (2022) — Secretary
- Former: Katherine Neebe (2020–2021) — President
- Former: Doug F. Esamann (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Duke Energy Foundation
How much does Duke Energy Foundation give each year?
Duke Energy Foundation gave $25.6M across 41 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $29.7M across 94 grants.
What is Duke Energy Foundation's typical grant size?
Duke Energy Foundation's median grant in 2024 was $25,000, and its average grant was $624,084, across 41 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Duke Energy Foundation that year got $96K on average.
Where does Duke Energy Foundation give grants?
Duke Energy Foundation gives mostly in Delaware: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (11%). The most frequent recipient cities were Charlotte, NC (4 grants), Tallahassee, FL (4 grants), Newark, DE (3 grants) and Columbia, SC (3 grants).
Does Duke Energy Foundation give general operating support?
Not in 2024: none of the 41 grants with a stated purpose on Duke Energy Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant" (31 grants) and "Public Assistance STLF" (6 grants).
Who are Duke Energy Foundation's largest grantees?
Duke Energy Foundation's largest 2024 grantees include American Online Giving Foundation Inc ($21,803,333 across 3 grants), Foundation for the Carolinas ($1,550,000) and E4E Relief ($400,000), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is Duke Energy Foundation?
Duke Energy Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $25.6M in qualifying distributions that year, against a required minimum of $601K (roughly 5% of its investment assets).
What does Duke Energy Foundation fund?
The Foundation says it powers the vitality of the communities it serves by building vibrant economies, strengthening local resiliency, and promoting community opportunity. See mission & focus areas ↑
How do I apply for a grant from Duke Energy Foundation?
The Foundation’s website describes an application process that begins with eligibility review and contact with a local representative before submitting an electronic application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Duke Energy Foundation's EIN?
Duke Energy Foundation's EIN (Employer Identification Number) is 58-1586283. IRS Form 990 filing data is available on this page for 2020–2024.
Does Duke Energy give grants to nonprofits?
Yes. Duke Energy Foundation, Duke Energy's company-sponsored foundation, awarded 41 grants totaling $25.6M in 2024, according to its IRS Form 990-PF. Duke Energy may also give through corporate programs that are not reported on the foundation's 990.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Duke Energy Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
More similar funders
More Funders in North Carolina
Cite this profile
Grantable. (2026). Duke Energy Foundation funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/duke-energy-foundation-morg_b5de8c843b024ef4bd9e641f06a4f4a3
BibTeX
@misc{grantable_581586283_2026,
author = {{Grantable}},
title = {{Duke Energy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/duke-energy-foundation-morg_b5de8c843b024ef4bd9e641f06a4f4a3},
note = {Accessed 2026-10-07. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Duke Energy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Duke Energy Foundation down — hundreds of funders to go?