Doris Duke Charitable Foundation Inc
- Assets
- $1.9b
- Revenue
- $113.3m
- Investments
- $1.9b
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2018
- Data as of
- 12/2019
- EIN
- 82-3691183
Organization Overview
Doris Duke Charitable Foundation Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHMENTS 19 & 20
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Wright Dir./chairperson (as Of 07/19) | 2.5 | $50,000 | |
Angela Mwanza Director | 2.5 | $50,000 | |
Vishakha N Desai Director | 2 | $50,000 | |
Nannerl O Keohane Director | 2 | $50,000 | |
Kathy Halbreich Trustee | 0 | $50,000 | |
Mary Schmidt Campbell Director | 2 | $50,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oberweis Asset Management | 12/30/19 | $489,646 |
Silchester International | 12/30/19 | $395,198 |
Westwood Global Ivnestments Llc | 12/30/19 | $281,153 |
The Northern Trust Company | 12/30/19 | $642,906 |
Capital Guardian Trust Co | 12/30/19 | $209,951 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $327,238 |
| Interest on Savings | $66,124 |
| Dividends & Interest | $12,227,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,595,169 |
| Capital Gain Net Income | $64,940,600 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $133,479 |
| Total Revenue | $113,349,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $250,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,914,577 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,982 |
| Printing and publications | $0 |
| Other expenses | $9,668,872 |
| Total operating and administrative expenses | $19,088,594 |
| Contributions, gifts, grants paid | $87,016,731 |
| Total expenses and disbursements | $106,105,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,292,362 |
| Savings and temporary cash investments | $23,948,460 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $3,958,250 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $790,395 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,731,499,457 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $22,483,658 |
| Total assets | $1,930,470,080 |
| Accounts payable and accrued expenses | $3,187,930 |
| Grants payable | $53,688,307 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $17,711,119 |
| Total liabilities | $74,587,356 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $11,911,586,700 | $577,007,685 |
Simons Foundation Inc New York, NY | $4,015,531,241 | $523,660,840 |
Faculty Practice Foundation Inc Boston, MA | $86,602,730 | $418,419,019 |
Rockefeller Foundation New York, NY | $4,929,907,452 | $337,487,726 |
Jp Morgan Chase Foundation New York, NY | $302,020,428 | $256,877,839 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $236,871,100 |
Blavatnik Family Foundation New York, NY | $174,076,094 | $21,540,793 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,301,673,237 | $225,656,936 |
Adelson Family Foundation Needham, MA | $522,108 | $116,767,506 |
Druckenmiller Foundation New York, NY | $1,273,919,839 | $136,579,901 |
Doris Duke Charitable Foundation Inc New York, NY | $1,930,470,080 | $113,349,408 |
Klarman Family Foundation Boston, MA | $688,091,719 | $95,381,386 |