Fund Established By Will of Nanaline H Duke For Duke Universit
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Fund Established By Will of Nanaline H Duke For Duke Universit is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1973, with $2,361,811 in FY2024 revenue. CharityIndex grades it C+.
800 E Morehead St, Charlotte, NC, 28202 EIN 23-7270511 Since 1973
Revenue (FY2024)
$2.4M
▲ 31.4% vs prior year
Expenses (FY2024)
$1.8M
Net assets
$49.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fund Established By Will of Nanaline H Duke For Duke Universit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating324 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fund Established By Will of Nanaline H Duke For Duke Universit: 324 mo reserves · +22% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fund Established By Will of Nanaline H Duke For Duke Universit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fund Established By Will of Nanaline H Duke For Duke Universit: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 800 E Morehead St, Charlotte, NC, 28202
- City
- Charlotte
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $1.4M (FY2013) to $2.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $69KNet assets $49.7M
Operating margin
22.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$49.8M
Total liabilities
$69K
Net assets
$49.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,361,811▲31.4% | $1,838,716▲0.2% | $49,705,594▲2.0% | $49,774,293▲2.0% | 990 |
| 2023 | $1,797,444▼4.9% | $1,834,684▲1.1% | $48,754,683▼3.6% | $48,818,898▼3.6% | 990 |
| 2022 | $1,890,020▲14.3% | $1,814,191 | $50,585,666▼8.0% | $50,643,596▼8.0% | 990 |
| 2021 | $1,653,740▼0.2% | $1,813,347▲3.0% | $54,986,689▲34.3% | $55,031,129▲34.3% | 990 |
| 2020 | $1,656,628▼0.3% | $1,759,904▲26.0% | $40,931,455▲7.0% | $40,974,828▲7.0% | 990 |
| 2019 | $1,661,639▲7.8% | $1,396,445▼0.3% | $38,260,102▲7.5% | $38,301,472▲7.5% | 990 |
| 2018 | $1,541,774▲2.3% | $1,401,053▼6.6% | $35,586,672▲0.6% | $35,626,261▲0.6% | 990 |
| 2017 | $1,506,885▲16.5% | $1,499,493▲15.4% | $35,368,230▲7.2% | $35,407,595▲7.2% | 990 |
| 2016 | $1,293,141▼16.4% | $1,299,077 | $32,992,432▲1.7% | $33,030,832▲1.7% | 990 |
| 2015 | $1,546,786▲11.2% | $1,299,005▼6.9% | $32,428,267▼1.5% | $32,466,517▼1.5% | 990 |
| 2014 | $1,390,717▲0.9% | $1,394,694▲57.0% | $32,929,218▲4.7% | $32,966,718▲4.7% | 990 |
| 2013 | $1,378,983 | $888,403▲27.7% | $31,464,504▲11.6% | $31,499,694▲11.6% | 990 |
| 2012 | — | $695,797 | $28,187,183 | $28,218,539 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Fund Established By Will of Nanaline H Duke For Duke Universit a legitimate nonprofit?
- Yes. Fund Established By Will of Nanaline H Duke For Duke Universit is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7270511, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is Fund Established By Will of Nanaline H Duke For Duke Universit's EIN?
- Fund Established By Will of Nanaline H Duke For Duke Universit's Employer Identification Number (EIN) is 23-7270511.
- How much revenue does Fund Established By Will of Nanaline H Duke For Duke Universit report?
- Fund Established By Will of Nanaline H Duke For Duke Universit reported $2,361,811 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fund Established By Will of Nanaline H Duke For Duke Universit have?
- CharityIndex grades Fund Established By Will of Nanaline H Duke For Duke Universit C+, based on financial health (reserves and operating margin).
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Data for Fund Established By Will of Nanaline H Duke For Duke Universit (EIN 23-7270511) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.