Duke Endowment

Philanthropic trust established by James Buchanan Duke in 1924. Educational beneficiaries are Duke University, Davidson College, Furman University, and John C. Smith University. Support is given to hospitals and childcare institutions throughout North Carolina and South Carolina as well as to Methodist Episcopal Church, South congregations in rural North Carolina.

From the description of The Duke Endowment archives : records, 1902 - [ongoing] (bulk [1920s]-[1990s]) [manuscript]. (Duke University Library). WorldCat record id: 122645076

Established by James Buchanan Duke as a perpetual charitable trust in 1924, with the following types of beneficiaries, mainly residing in North Carolina and South Carolina: non-profit hospitals and child care institutions; educational institutions; and rural churches of the Conference of the Methodist Episcopal Church, South (now the United Methodist Church).

From the description of The Duke Endowment Archives, 1902-2008 (bulk 1925-2006). (Duke University Library). WorldCat record id: 19405966

• 1915 - 1920s : Annual gifts from James B. Duke to the Methodist Episcopal Church, South, for building rural churches and supplements to ministers' salaries
• 1919: James B. Duke began plans for a foundation
• 1923 - 1924 : Feasibility study for support of hospitals and child care institutions conducted for James B. Duke by Alexander H. Sands, Jr.
• 1924 Dec. 11: Indenture and Deed of Trust of Personalty that established The Duke Endowment signed by James B. Duke
• 1925 Oct. 10: James B. Duke died; an additional ten million dollars and two-thirds of his residuary estate were bequeathed to The Duke Endowment
• 1960: Committee on Educational Institutions established
• 1963: Committee for Communications (Public Information) established
• 1989: Child Care Division Committee became separate from the Hospital Division Committee

From the guide to the Duke Endowment Archives, bulk, 1902-2008 and undated, 1925-2006, (David M. Rubenstein Rare Book & Manuscript Library, Duke University)