The Duke Endowment logo
A Shared Pursuit

From Our Leaders

Charles C. Lucas III
“Excellence in philanthropy is not about the size of the gift — it’s about the impact of the gift.”
Charles C. Lucas III
Read our Board Chair’s letter
Rhett N. Mabry
“It takes an understanding that researching, experimenting and sometimes even failing are part of the pursuit of excellence.”
Rhett N. Mabry
Read our President’s letter

Evaluation & Learning

The Endowment is building a culture of learning where we routinely use data, evidence and experience to adapt and improve strategy and performance.

Guiding Principles

1

Embed Evaluation

2

Drive Learning

3

Share Results

4

Use Mixed Methods

5

Measure What Matters

6

Center Grantees

Grantmaking

The Duke Endowment approved $374 million in new grants, some of which will be paid in future years. More than $245 million was distributed through 397 grants, some of which were approved in prior years.

Total Giving Since 1924

$5.3B

$12.8 billion adjusted for inflation

2025 Grants Awarded

$374M

Financials

Since James B. Duke’s death in 1925, the assets of The Duke Endowment have grown from $107 million to $5.4 billion.

Total Assets

In Billions

$5.4B

$3.37
$3.69
$3.61
$3.90
$4.72
$5.89
$5.00
$4.94
$5.02
$5.41
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Leadership