Dec. 11, 1924: James B. Duke’s original gift to create The Duke Endowment — $40 million ($6 million for the construction of Duke University
October 1925: In his will, James B. Duke left an additional $67 million to The Duke Endowment ($11 million for the construction of Duke University)
Market Value of Endowment Assets as of Dec. 31, 2006: Approximately $2.9 billion
The Duke Endowment Giving
| Appropriations to: |
Year 2006 |
1924-2006 |
| Childcare |
$18,669,496 |
$159,822,171 |
| Education |
$55,532,186 |
$1,089,520,793 |
| Health Care |
$44,677,997 |
$813,334,664 |
| Rural Church |
$12,853,83 |
$162,253,079 |
| Endowment-wide |
$4,471,503 |
$55,269,28 |
| Total |
$136,205,016 |
$2,280,199,990 |
Click here for a financial summary.
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