Gothic Corporation

Organization Overview

Gothic Corporation is located in Durham, NC. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Gothic Corporation generated $1.7b in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $1.8b during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOTHIC CORPORATION WAS FORMED TO SUPPORT THE EXEMPT PURPOSES OF DUKE UNIVERSITY. A PORTION OF THE EXPENSES INCURRED ARE RELATED TO THE MANAGEMENT OF ASSETS MAINTAINED FOR THE SUPPORT OF DUKE UNIVERSITY. ALLOCATIONS TOTALING $1,504,279,593 WERE MADE TO DUKE UNIVERSITY IN SUPPORT OF ITS TAX EXEMPT PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Neal F Triplett
Director/president
$0
Jannine M Lall
Director/treasurer
$0
Robert Mcgrail
Secretary
$0
Jennifer Dimitri
Secretary
$0
Gregory A Hudgins
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$872,006,506
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$872,006,506
Total Program Service Revenue$0
Investment income $218,863,574
Tax Exempt Bond Proceeds $0
Royalties $31,372,295
Net Rental Income $0
Net Gain/Loss on Asset Sales $566,317,763
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,688,560,138

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