Which four universities are supported by donations from the Duke Endowment?
We work through select colleges and universities (Davidson College, Duke University, Furman University and Johnson C. Smith University) to support undergraduate programs, scholarships, professorships and faculty with the goal of educating people whose future contributions will benefit society.
Who runs Duke Endowment?
The Duke Endowment
| Formation | 1924 |
|---|---|
| President | Rhett N. Mabry |
| Revenue (2015) | $176,470,598 |
| Expenses (2015) | $150,197,658 |
| Website | www.dukeendowment.org |
How much is Duke Endowment Fund?
With assets of $3.8 billion in 2019, the Endowment is one of the nation’s largest 501(c)(3) private foundations.
What is Vanderbilt’s endowment?
$6.9 billion
Vanderbilt’s $6.9 billion endowment includes more than 2,900 individual funds with unique restrictions and designations. As with a mutual fund, these assets are pooled and invested collectively. When donors make endowed gifts, shares are purchased in the university’s endowed pool.
How much money is in Harvard’s endowment fund?
The endowment’s value soared to $53.2 billion as of this past June 30—an increase of $11.3 billion (27 percent) from $41.9 billion a year earlier. Harvard Management Company (HMC) recorded a 33.6 percent investment return on endowment assets during fiscal 2021, up from 7.3 percent in the prior year.
What is University of Michigan endowment?
University of Michigan
| Latin: Universitas Michigania | |
|---|---|
| Endowment | $17 billion (2021) |
| Budget | $8.99 billion (2018) |
| President | Mark Schlissel |
| Provost | Susan Collins |
How much is Stanford’s endowment?
10 Universities With the Biggest Endowments
| SCHOOL (STATE) | END OF FISCAL YEAR 2020 ENDOWMENT | U.S. NEWS RANK |
|---|---|---|
| Stanford University (CA) | $28,948,111,000 | 6 (tie) |
| Princeton University (NJ) | $25,944,300,000 | 1 |
| Massachusetts Institute of Technology | $18,381,518,000 | 2 (tie) |
| University of Pennsylvania | $14,877,363,000 | 8 |
What does Duke Endowment do in North Carolina?
The Duke Endowment strengthens communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits.
How often do universities apply for Endowment grants?
Typically the Endowment’s Trustees consider new requests from these schools two to three times per year. Our grant application process has been redesigned to make it more streamlined and intuitive.
Who is the owner of the Duke Homestead?
The homestead is operated by North Carolina Historic Sites, a division of the North Carolina Department of Cultural Resources Office of Archives and History. The Duke Endowment’s investment portfolio is managed by DUMAC Inc., a professionally-staffed investment organization in Durham, N.C., governed by Duke University.
How much money did James B Duke give?
Adjusted for present value, Mr. Duke’s total gifts would amount to almost $1.4 billion today. It was by the stroke of his pen that James B. Duke created The Duke Endowment, and the integration of his signature as a graphic element underscores the legacy that is the foundation and guiding force of The Duke Endowment.