Duke University is a 501(c)(3) educational institution located in Durham, North Carolina. Founded in 1841, the university operates as an independent nonprofit organization with tax-exempt status since June 1939. Duke serves approximately 13,000 undergraduate and graduate students and maintains a world-class faculty dedicated to expanding the frontiers of knowledge. The institution confers undergraduate, graduate, and professional degrees to approximately 6,743 students annually and operates auxiliary enterprises providing support services to the university community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.2B
+3.7% YoY
Annual Giving
$4.2M
+13.3% YoY
Grant Count
78
+11.4% YoY
Avg Grant Size
$54K
+1.7% YoY
Mission & Focus Areas
Duke University's mission is to provide a superior liberal education, prepare future members of learned professions, advance the frontiers of knowledge, and help those who suffer, cure disease, and promote health.
The university engages in world-renowned research work sponsored by numerous federal, state, local agencies, and private grants. Primary program areas include:
- Undergraduate, graduate, and professional degree conferment
- World-renowned research activities
- Auxiliary enterprises supporting the university community
Grantmaking
Duke University makes research grants to external organizations. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (ending June 2024):
- Total Revenue: $4.48 billion
- Total Expenses: $4.14 billion
- Total Assets: $21.2 billion
- Number of Employees: 31,534
The university operates with significantly larger assets compared to other nonprofits in North Carolina and reports income substantially above average for nonprofits in the state.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,158,472,538 | $20,396,848,043 | $20,871,034,050 |
| Revenue | $4,479,223,078 | $3,747,197,275 | $4,604,378,802 |
| Expenses | $4,143,403,564 | $3,840,261,811 | $3,624,272,862 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $986,358,110 | $323,632,413 | $1,484,259,112 |
| Distributable Amount | — | — | — |
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
250 grants across all recorded years
Open Grants
2 open opportunities from Duke University
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Durham Technical Community College ($579,488), Dana-farber Cancer Institure Inc ($291,452), Brigham and Womens Hospital Inc ($253,726).
| Recipient | Purpose | Amount |
|---|---|---|
| 50 HOOPS PLANO, TX | GENERAL SUPPORT | $10,000 |
| AMERICAN HEART ASSOCIATION INC DALLAS, TX | GENERAL SUPPORT | $15,000 |
| AMERICAN MATHEMATICAL SOCIETY PROVIDENCE, RI | GENERAL SUPPORT | $7,610 |
| AUTISM SUPPORT AND ADVOCACY CENTER DURHAM, NC | COMMUNITY SUPPORT | $7,150 |
| BAPTIST HEALTH SOUTH FLORIDA INC ATLANTA, GA | FELLOWSHIP AWARD | $20,000 |
| BRIGHAM AND WOMENS HOSPITAL INC BOSTON, MA | RESEARCH GIFT | $253,726 |
| CAMPUS CRUSADE FOR CHRIST INC ORLANDO, FL | GENERAL SUPPORT | $5,304 |
| CHARLES HAMILTON HOUSTON FOUNDATION DURHAM, NC | EDUCATION GRANT | $9,000 |
| CHARLOTTE MECKLENBURG LIBRARY FOUND CHARLOTTE, NC | GENERAL SUPPORT | $15,000 |
| CHURCH WORLD SERVICE DURHAM, NC | GENERAL SUPPORT | $5,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM SILVER | TRUSTEE | 6 | — |
| ANN PELHAM | TRUSTEE | 2 | — |
| CARMICHAEL S ROBERTS | TRUSTEE | 1 | — |
| DAVID S TAYLOR | TRUSTEE | 2 | — |
| DOHA ALI | TRUSTEE | 2 | — |
| EDDY H CUE | TRUSTEE | 2 | — |
| EDGAR VIRGUEZ | TRUSTEE | 2 | — |
| EDWARD A GILHULY | TRUSTEE | 4 | — |
| GRANT H HILL | TRUSTEE | 2 | — |
| GREGORY V PALMER | TRUSTEE | 2 | — |
| JB PRITZKER | TRUSTEE | 2 | — |
| JAMES C ZELTER | TRUSTEE | 2 | — |
| JEFFREY W UBBEN | TRUSTEE | 4 | — |
| KACIA A ANDERSON | TRUSTEE | 2 | — |
| KAREN M KING | TRUSTEE | 2 | — |
| KATHRYN A HOLLISTER | TRUSTEE | 4 | — |
| L FREDERICK SUTHERLAND | TRUSTEE | 2 | — |
| LAURENE M SPERLING | TRUSTEE | 6 | — |
| LISA M BORDERS | TRUSTEE | 4 | — |
| MARY T BARRA | TRUSTEE | 2 | — |
| MICHAEL G RHODES | TRUSTEE | 2 | — |
| MICHAEL J BINGLE | TRUSTEE | 2 | — |
| NANCY M SCHLICHTING | TRUSTEE | 2 | — |
| NANCY-ANN DEPARLE | TRUSTEE | 2 | — |
| ROBERT R PENN | TRUSTEE | 2 | — |
| SHARON MARCIL | TRUSTEE | 2 | — |
| STEPHEN G PAGLIUCA | TRUSTEE | 1 | — |
| THOMAS H LISTER | TRUSTEE | 2 | — |
| TIMOTHY D COOK | TRUSTEE | 2 | — |
| VIKAS J PATEL | TRUSTEE | 2 | — |
| VINCENT E PRICE | PRESIDENT/TRUSTEE | 48 | $1,888,010 |
| WILLIAM G KAELIN JR | TRUSTEE | 2 | — |
| XIQING GAO | TRUSTEE | 2 | — |
| PATRICIA RODERICK MORTON | TRUSTEE | 4 | — |
| ALEC GALLIMORE | PROVOST | 50 | $590,015 |
| DANIEL G ENNIS | EXECUTIVE VICE PRESIDENT | 40 | $1,352,969 |
| MARGARET W EPPS | UNIVERSITY SECRETARY | 40 | $457,220 |
| MARY E KLOTMAN MD | EXECUTIVE VICE PRESIDENT FOR HEALTH AFFAIRS & DEAN | 44 | $1,372,322 |
| PAMELA J BERNARD | VP & UNIVERSITY COUNSEL | 55 | $837,150 |
| RACHEL SATTERFIELD | TREASURER & VP FOR FINANCE | 40 | $631,069 |
| EVAN L JONES | INVESTMENT MANAGER | 40 | $1,662,265 |
| GARY BENNETT | DEAN, COLLEGE OF A & S | 60 | $965,991 |
| JAMES SCOTT GIBSON | EXEC VICE DEAN OF ADMIN, SOM | 55 | $867,451 |
| JOHN J NOONAN | VP FOR FACILITIES | 40 | $470,987 |
| JUSTIN B NIXON | INVESTMENT MANAGER | 40 | $1,657,940 |
| KAVITA NAYAR | INVESTMENT MANAGER | 40 | $1,382,597 |
| NEAL F TRIPLETT | CHIEF INVESTMENT OFFICER | 50 | $4,539,339 |
| A EUGENE WASHINGTON MD | CHANCELLOR EMERITUS FOR HEALTH AFFAIRS | 33 | $3,135,552 |
| ANIL MADHOK | CHIEF OPERATING OFFICER DUMAC | 40 | $1,591,560 |
| GERALD GRANT | CHAIR OF NEUROSURGERY DEPARTMENT | 40 | $1,766,482 |
| JONATHAN SCHEYER | COACH | 40 | $2,319,892 |
| MICHAEL ELKO | COACH | — | $3,816,742 |
| JENNIFER FRANCIS | FORMER OFFICER | 40 | $980,832 |
| MOHAMED NOOR | FORMER KEY EMPLOYEE | 40 | $672,924 |
Recent News & Activity
Recent developments and announcements
Duke University received a $10.5 million award to fund groundbreaking child and family policy research
An Award to Fund Groundbreaking Child and Family Policy Research | Duke TodayDuke Quantum Center was awarded an NSF grant to design a 256-qubit quantum computer
Duke Quantum Center Awarded NSF Grant to Design 256-Qubit Quantum ComputerDuke's Clinical and Translational Science Institute received a $69 million NIH grant for translational science
Duke's Clinical and Translational Science Institute receives $69 ...Duke University received an $8 million award to advance interdisciplinary Ph.D. training
Duke University Receives $10.5 Million to Fund Groundbreaking Child andSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Duke University fund?
Duke University's mission is to provide a superior liberal education, prepare future members of learned professions, advance the frontiers of knowledge, and help those who suffer, cure disease, and promote health. The university engages in world-renowned research work sponsored by numerous federal, state, local agencies, and private grants. Primary program areas include: • Undergraduate, graduate, and professional degree conferment • World-renowned research activities • Auxiliary enterprises su…
How do I apply for a grant from Duke University?
Duke University makes research grants to external organizations. Recent grant activity includes: • Research gift to PNOC Foundation: $621,013 (2024) • Research gift to UNC Health Foundation: $500,000 (2024) • Research gift to Dana-Farber Cancer Institute: $291,452 (2024) The university has made 69 grants totaling over $3.1 million in recent reporting periods.
What size grants does Duke University award?
In 2024, Duke University awarded 78 grants totaling $4.2M — an average of about $54K per grant, based on its IRS Form 990 filings.
What is Duke University's EIN?
Duke University's EIN (Employer Identification Number) is 56-0532129. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Duke University'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 April 2026.
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