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EIN 56-1465177

Duke University Special Ventures Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Durham
State
North Carolina
Year formed
1984
Most recent tax filings
2023-06-01
NTEE code, primary
B11: Education Single Organization Support
Description
The Duke University Special Ventures Fund supports the exempt purposes of Duke University by owning and investing assets exclusively for its benefit. The organization incurs expenses related to managing these assets, with allocations totaling $400,000.
Related structure
Duke University Special Ventures Fund is a subordinate organization under Duke University.
Total revenues
$-342,421
2023
Total expenses
$18,265
2023
Total assets
$299,892
2023
Num. employees
0
2023

Program areas at Duke University Special Ventures Fund

Duke University Special Ventures Fund, Inc. was formed to support the exempt purposes of Duke University. A portion of the expenses incurred are related to management of assets maintained for the support of Duke University. Allocations totaling $15,509 were made to Duke University in support of its exempt purposes.

Grants made by Duke University Special Ventures Fund

GranteeGrant descriptionAmount
Duke UniversityGeneral Support$15,509

Who funds Duke University Special Ventures Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The JPB FoundationExamining the Racial Wealth Gap and Small Business Development$300,000
George Family FoundationDuke True North Leadership Pilot Program$240,000
Szulik Family FoundationSupport$150,000
...and 11 more grants received

Personnel at Duke University Special Ventures Fund

NameTitleCompensation
Jannine M LallTreasurer$0
Robert McGrailDirector and Secretary / Secretary / Former Officer$0
Neal F TriplettDirector and President$0
Jennifer DimitriSecretary$0

Financials for Duke University Special Ventures Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$947
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-343,368
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-342,421

Form 990s for Duke University Special Ventures Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-08-27990View PDF
...and 9 more Form 990s
Data update history
August 10, 2024
Received grants
Identified 2 new grant, including a grant for $300,000 from The JPB Foundation
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
School foundationsGrantmaking organizationsChapter / child organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationTax deductible donationsNo full-time employees
General information
Address
280 S Mangum St Suite 210
Durham, NC 27701
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Phone
(919) 668-6829
IRS details
EIN
56-1465177
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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