Nonprofit · EIN 57-1211078
DUKE GIFT PROPERTIES INC
Tax-exempt · DURHAM, NC 27705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $73,699 | $41,848,990 | -$41,775,291 | $0 | $0 | $0 |
| June 30, 2024 | 990 | $1,463,598 | $2,444,346 | -$980,748 | $41,926,386 | $789 | $41,925,597 |
| June 30, 2023 | 990 | -$54,819 | $725,500 | -$780,319 | $42,864,705 | $0 | $42,864,705 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $73,699
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $41,822,765
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $16,172
- Program services (functional)
- $41,848,990
Balance sheet and other
- Total assets, start of year
- $41,926,386
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $1,165,699
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHEL SATTERFIELD | FORMER OFFICER Former | 0 | $0 | $670,285 | $57,702 |
| SCOTT F SELIG | DIRECTOR/SECRETARY Trustee or director, Officer | 0.1 | $0 | $404,753 | $74,127 |
| BARBARA HOUGH | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $408,749 | $43,072 |
| MICHAEL C SHOLTZ | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $288,479 | $68,827 |
| GREGORY RIVES | PART YEAR DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $195,894 | $42,970 |
| MARCIA DE LA TORRIENTE | PART YEAR DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $169,752 | $35,073 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHEL SATTERFIELD | FORMER OFFICER Former | 0 | $0 | $631,069 | $102,094 |
| SCOTT F SELIG | DIRECTOR/SECRETARY Trustee or director, Officer | 0.1 | $0 | $403,658 | $68,611 |
| BARBARA HOUGH | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $406,146 | $41,376 |
| MICHAEL C SHOLTZ | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $274,423 | $64,357 |
| MARCIA DE LA TORRIENTE | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $152,130 | $37,517 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHEL L SATTERFIELD | DIRECTOR/PRESIDENT Trustee or director, Officer | 0.1 | $0 | $511,235 | $50,257 |
| SCOTT F SELIG | DIRECTOR/SECRETARY Trustee or director, Officer | 0.1 | $0 | $397,038 | $60,085 |
| VICTORIA L NEVOIS | FORMER DIRECTOR/OFFICER Former | 0 | $0 | $362,006 | $45,270 |
| MICHAEL C SHOLTZ | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.1 | $0 | $260,079 | $60,312 |
| MARCIA DE LA TORRIENTE | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $95,690 | $29,550 |
Address and contacts
- Address (IRS master file)
- 2200 W MAIN ST STE 300, DURHAM, NC 27705-4677
- In care of
- % DUKE UNIVERSITY-OFFICE OF COUNSEL
- Principal officer (990 for 2024)
- BARBARA HOUGH, 2200 WEST MAIN STREET STE 300, DURHAM, NC 27705
- Signed the 990
- BARBARA HOUGH, PRESIDENT
- Phone
- (919) 684-2006
Mission
SUPPORTING DUKE UNIVERSITY BY RECEIVING GIFTS, ACQUIRING, RETAINING AND ADMINISTERING FUNDS TO BE HELD, INVESTED AND USED EXCLUSIVELY FOR THE BENEFIT OF DUKE UNIVERSITY AND RELATED ENTITIES.
Program accomplishments
- ACQUIRE AND RETAIN REAL OR PERSONAL PROPERTY EXCLUSIVELY FOR THE BENEFIT OF DUKE UNIVERSITY.Expenses $41,848,990 · grants $41,822,765
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-1211078
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Income (IRS master file)
- $1,165,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $73,699 | $41,848,990 | $0 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | June 2024 | $1,463,598 | $2,444,346 | $41,926,386 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | -$54,819 | $725,500 | $42,864,705 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $762,200 | $214,360 | $1,568,068 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-1211078).
Questions about DUKE GIFT PROPERTIES INC
- What is the EIN of DUKE GIFT PROPERTIES INC?
- The employer identification number (EIN) of DUKE GIFT PROPERTIES INC is 57-1211078.
- Is DUKE GIFT PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to DUKE GIFT PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DUKE GIFT PROPERTIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DUKE GIFT PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DUKE GIFT PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DUKE GIFT PROPERTIES INC?
- The 990 for the year ended December 31, 2024 names BARBARA HOUGH.
- Who are the officers and directors of DUKE GIFT PROPERTIES INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does DUKE GIFT PROPERTIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $73,699, expenses of $41,848,990 and total assets of $0 at year end.
Other nonprofits in DURHAM
- DUKE UNIVERSITY EIN 56-0532129 · last filed 990 for 2025
- GOTHIC CORPORATION EIN 56-1776668 · last filed 990 for 2025
- NCINNOVATION INC EIN 84-4902334 · last filed 990 for 2025
- DURHAM ACADEMY INC EIN 56-0538019 · last filed 990 for 2025
- NORTH CAROLINA LEARNS INC EIN 47-4549510 · last filed 990 for 2025
- DUKE CORPORATE EDUCATION EIN 42-1672476 · last filed 990 for 2025
- DUMAC INC EIN 90-0754895 · last filed 990 for 2025
- DURHAM TECHNICAL COMMUNITY COLLEGE FOUNDATION INC EIN 56-1423848 · last filed 990 for 2025