Duke Energy Foundation
The Duke Energy Foundation is a private grantmaking foundation based in Charlotte, North Carolina, established in February 1985. As a 501(c)(3) organization, the Foundation powers the vitality of communities through philanthropy, distributing more than $30 million in charitable grants annually while Duke Energy volunteers contribute nearly $4 million worth of their time in nonprofit service.
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
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.
Mission & Focus Areas
The Duke Energy Foundation's mission is to power the vitality of the communities it serves by building vibrant economies, strengthening local resiliency, and promoting community opportunity.
The Foundation supports programs in the following focus areas:
- K to Career: Programs addressing the kindergarten-to-career spectrum with emphasis on science and technology
- Environment: Environmental initiatives and sustainability
- Community Impact: Programs providing access to and encouraging appreciation of the arts and culture; professional development and tools to strengthen the nonprofit community
- Education: Support for educational institutions and programs
- Nonprofit Capacity Building: Strengthening the nonprofit sector
Grantmaking
The Foundation offers several grant programs:
Grant Types
How to Apply
The Foundation follows a structured five-step application process:
Ready to take the next step with Duke Energy Foundation?
Geographic Focus
Where this funder awards grants
The Duke Energy Foundation funds programs in:
- North Carolina
- South Carolina
- Florida
- Ohio
- Kentucky
- Indiana
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Total Revenue: $21,294,251
- Total Expenses: $25,607,439
- Total Assets: $1,868,586
- Total Liabilities: $0
- Net Income: -$4,313,188
Revenue Breakdown (FY 2024):
- Contributions Received: $20,825,500 (97.8%)
- Interest Revenue: $468,751 (2.2%)
Annual Giving:
- More than $30 million in charitable grants distributed annually
- FY 2024 grants awarded: $31,179,628
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
241 grants across all recorded years
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
Rolling / Open
Duke Energy: Kentucky: Local Impact Grants
DUKE ENERGY FOUNDATION
Amount
Up to US $20,000
Deadline
Rolling / Open
Duke Energy: North Carolina: Local Impact Grants
DUKE ENERGY FOUNDATION
Amount
Up to US $20,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Online Giving Foundation Inc ($14,460,892), American Online Giving Foundation Inc ($6,922,765), Foundation for the Carolinas ($1,550,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 211 TAMPA BAY CARES CLEARWATER, FL | GRANT | $15,000 |
| ALUMNI ASSOCIATION OF THE WEDGEWORTH INSTITUTE TAMPA, FL | GRANT | $10,000 |
| AMERICAN NATIONAL RED CROSS WASHINGTON, DC | GRANT | $230,000 |
| 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 |
| AMERICAN ONLINE GIVING FOUNDATION INC NEWARK, DE | PUBLIC ASSISTANCE STLF | $419,676 |
| BAPTIST STATE CONVENTION OF NORTH CAROLINA CARY, NC | GRANT | $25,000 |
| CAPITAL AREA COMMUNITY ACTION AGENCY INC TALLAHASSEE, FL | GRANT | $12,500 |
| CENTRAL CAROLINAS COMMUNITY FOUNDATION COLUMBIA, SC | GRANT | $100,000 |
| COMMUNITY FOUNDATION OF HENDERSON COUNTY HENDERSONVILLE, NC | GRANT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Loree Elswick – Foundation President
- Louis Duke – Foundation Vice President; Director, North Carolina Philanthropy
- Amanda Dow – Foundation Treasurer; Director, Operations and South Carolina Philanthropy
- Lindsay Schall – Foundation Secretary and Deputy General Counsel
- Delisha Hinton – Manager, North Carolina Philanthropy
- Dominique Johnson – Manager, North Carolina Philanthropy
- Loretta Murray – Manager, Florida Philanthropy
- Kim Vogelgesang – Manager, Ohio, Kentucky and Indiana Philanthropy
- Jonathan Miller – Manager, Finance and Operations
- Susan Francis – Manager, Employee Programs
- Sarah Wray – Lead, Data Analytics and Grants System
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY STRECKER | PRESIDENT | 1 | — |
| DOMINIQUE JOHNSON | VICE PRESIDENT | 1 | — |
| JONATHAN MILLER | TREASURER | 1 | — |
| MIKE HENDERSHOTT | ASSISTANT TREASURER | 1 | — |
| LINDSAY SCHALL | SECRETARY | 1 | — |
| JULIE S JANSON | TRUSTEE | 1 | — |
| KODWO GHARTEY-TAGOE | TRUSTEE | 1 | — |
| STEVEN K YOUNG | TRUSTEE | 1 | — |
| BRIAN D SAVOY | TRUSTEE | 1 | — |
| HARRY K SIDERIS | TRUSTEE | 1 | — |
| DHIAA M JAMIL | TRUSTEE | 1 | — |
| LOUIS RENJEL | TRUSTEE | 1 | — |
| RON RISING | TRUSTEE | 1 | — |
| ALEX GLENN | TRUSTEE | 1 | — |
| BONNIE TITONE | TRUSTEE | 1 | — |
| SASHA WEINTRAUB | TRUSTEE | 1 | — |
| SCOTT BATSON | TRUSTEE | 1 | — |
| PRESTON GILLESPIE | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has announced several recent grant initiatives:
**Hurricane Preparedness**: Awarded $500,000 to strengthen storm preparedness across North Carolina and $500,000 to strengthen emergency preparedness across South Carolina
Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina | Duke Energy | News Center**Storm Preparedness**: Awarded $130,000 to 10 organizations advancing storm preparedness and community resiliency
Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina | Duke Energy | News Center**Veterans Support**: Awarded $50,000 to organizations honoring and supporting Florida veterans
Duke Energy Foundation awards $50,000 to organizations honoring ...**America250 Grants**: Announced first round of America250 grants to strengthen and protect South Carolina green spaces
Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina | Duke Energy | News CenterFrequently Asked Questions
What does Duke Energy Foundation fund?
The Duke Energy Foundation's mission is to power the vitality of the communities it serves by building vibrant economies, strengthening local resiliency, and promoting community opportunity. The Foundation supports programs in the following focus areas: • **K to Career**: Programs addressing the kindergarten-to-career spectrum with emphasis on science and technology • **Environment**: Environmental initiatives and sustainability • **Community Impact**: Programs providing access to and encouragi…
How do I apply for a grant from Duke Energy Foundation?
The Foundation offers several grant programs: • **Local Impact Grants**: Available in Florida, Kentucky, North Carolina, Ohio, and South Carolina • **Nonprofit Capacity Building Grants** • **Piedmont Natural Gas Company Grant Program** • **Senior Economic Vibrancy Grants** • **Duke Energy Matching Gifts Program**: Matches employee and retiree contributions to educational institutions on a one-for-one basis up to $5,000 per employee per year, and to nonprofit organizations on a one-for-two basis…
Where does Duke Energy Foundation make grants?
The Duke Energy Foundation funds programs in: • North Carolina • South Carolina • Florida • Ohio • Kentucky • Indiana
What size grants does Duke Energy Foundation award?
In 2024, Duke Energy Foundation awarded 41 grants totaling $25.6M — an average of about $624K per grant, based on its IRS Form 990 filings.
How much is Duke Energy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Duke Energy Foundation reported a distributable amount of $601K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Duke Energy Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated June 2026.
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