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Duke Endowment gives $2.2M in local grants

Staff Report
Published July 10, 2012

The Duke Endowment trustees approved around $2.2 million in grants to local organizations.

A Child's Haven of Greenville received $450,000 to support service expansion by renovating and equipping a new facility.

Furman University received $1.4 million to provide unrestricted operating support.

Duke University in Durham, N.C.; Davidson College of Davidson, N.C.; Johnson C. Smith University of Charlotte; and Furman University received $325,000 to help their efforts to become environmentally sustainable campuses.

Since 2008, the four schools have worked together on sustainability projects. Together, they have saved an average of $220,000 annually in energy costs.

Altogether, the Duke Endowment trustees approved $40.5 million in grants to organizations in North and South Carolina. The grants include: $1.7 million for child care, $15.1 million for health care and $5.5 million for its rural church program.

The Duke Endowment has awarded more than $2.9 billion in grants since its inception in 1924. The private foundation shares a name with Duke University and Duke Energy, but all are separate organizations.

The endowment’s grants are guided by an Indenture of Trust, in which founder James B. Duke set forth specific funding guidelines, but the endowment’s trustees have full discretion over year-to-year disbursement.

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