ANGIER B DUKE MEMORIAL INC Charity Report

Public IRS 990 nonprofit record

ANGIER B DUKE MEMORIAL INC

EIN 13-6113895 · Unknown (Z99Z)

What they do

to DEVELOP SCHOLARSHIPS and to PROMOTE and FURTHER THE ARTS, SCIENCES, and (SEE SCHEDULE O)PROFESSIONS AT DUKE UNIVERSITY and for THAT PURPOSE to ESTABLISH SCHOLARSHIPS and to ASSIST WORTHY STUDENTS AT THE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.53%of revenue went to mission work95.8% of expenses · Program services

$78.85spent for every $100 of revenueRevenue covered expenses this year.

3.32%of revenue went to management and office costs4.2% of expenses

$26.78in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $401,136 for RHETT N MABRY (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,985,881

Mission workProgram services$1,500,00075.53% of revenue95.8% of expenses

ManagementOffice and general costs$65,8593.32% of revenue4.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$420,02221.15% of revenueShown in gray on the chart

Total expenses$1,565,85978.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 78.85% of revenue

2023Expense mix: 95.7% mission · 4.3% management · 0.0% fundraisingTotal expenses: 103.33% of revenue

2022Expense mix: 95.0% mission · 5.0% management · 0.0% fundraisingTotal expenses: 67.53% of revenue

2021Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 76.71% of revenue

2020Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 38.72% of revenue

2019Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 65.64% of revenue

2018Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 83.69% of revenue

2017Expense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 108.83% of revenue

Money in and money out

Revenue$1,985,881

Expenses$1,565,859

Annual surplus $420,022 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,500,000 · 95.8% of expenses

Management and office costs$65,859 · 4.2% of expenses

See all reported dollar amounts

Revenue$1,985,881

Expenses$1,565,859

Assets$41,932,115

Income$1,985,881

Mission work (program services)$1,500,000

Grants given$7,315,000

Average grant$1,045,000

Management and general$65,859

Accounting fees$21,400

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RHETT N MABRYPRESIDENT $401,136Base · Other $401,136

KAREN H ROGERSCFO, TREASURER & SECRETARY $100,740Base · Other $100,740

K TODD WALKERDIRECTOR OF INVESTMENTS $92,366Base · Other $92,366

WILLIAM F BACONVP & DIRECTOR OF EVALUATION $88,714Base · Other $88,714

MEKA S SALESDIRECTOR OF SI $81,321Base · Other $81,321

SUSAN L MCCONNELLVP & DIR. OF HR $80,842Base · Other $80,842

LINWOOD HOLLOWELLDIRECTOR OF HEALTH CARE $76,823Base · Other $76,823

ROBERT WEBBDIRECTOR OF RURAL CHURCH $63,327Base · Other $63,327

PHILLIP REDMOND JRDIR. OF CHILD & FAMILY WELL-BEING $59,252Base · Other $59,252

JEAN G SPAULDINGVICE CHAIR $5,725Base · Other $5,725

JUDY WOODRUFFTRUSTEE $5,725Base · Other $5,725

CLARENCE G NEWSOMETRUSTEE $5,725Base · Other $5,725

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

RHETT N MABRYPRESIDENT

KAREN H ROGERSCFO, TREASURER & SECRETARY

K TODD WALKERDIRECTOR OF INVESTMENTS

WILLIAM F BACONVP & DIRECTOR OF EVALUATION

MEKA S SALESDIRECTOR OF SI

SUSAN L MCCONNELLVP & DIR. OF HR

LINWOOD HOLLOWELLDIRECTOR OF HEALTH CARE

ROBERT WEBBDIRECTOR OF RURAL CHURCH

PHILLIP REDMOND JRDIR. OF CHILD & FAMILY WELL-BEING

JEAN G SPAULDINGVICE CHAIR

JUDY WOODRUFFTRUSTEE

CLARENCE G NEWSOMETRUSTEE

CHARLES C LUCAS IIICHAIR

KENNETH D WEEKS JRTRUSTEE (RETIRED ON 5/31/2024)

MINOR M SHAWTRUSTEE

ALLYSON K DUNCANTRUSTEE

CONSTANCE F GRAYTRUSTEE (RETIRED ON 12/31/2024)

WILLIAM BARNET IIITRUSTEE

RAVENEL B CURRY IIITRUSTEE

PAMELA L DAVIESTRUSTEE

JOHN FAV CECILTRUSTEE

J TRENT JONESTRUSTEE

HARRIS E DELOACH JRTRUSTEE

DENNIS M CAMPBELLVICE CHAIR

CAMMIE R HAUPTFUHRERTRUSTEE (ELECTED ON 10/8/2024)

About this charity

Recognized since: January 1991
Location: 800 EAST MOREHEAD STREET, CHARLOTTE, NC 28202
County: Mecklenburg
In care of: KAREN H ROGERS
Primary officer: KAREN H ROGERS, CFO & TREASURER

How to reach them

Phone(704) 376-0291

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Unknown (Z99Z)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes