The Duke Endowment
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The Duke Endowment
The Duke Endowment is a private foundation established in 1924 by industrialist and philanthropist James B. Duke. It supports selected programs of higher education, health care, children's welfare, and spiritual life in North Carolina and South Carolina. Background James B. Duke endowed the foundation on December 11, 1924, with $40 million. In the Indenture of Trust, Duke specified that he wanted the endowment to support Duke University, Davidson College, Furman University, Johnson C. Smith University; non-profit hospitals and children's homes in the two Carolinas; and rural United Methodist The United Methodist Church (UMC) is a worldwide mainline Protestant denomination based in the United States, and a major part of Methodism. In the 19th century, its main predecessor, the Methodist Episcopal Church, was a leader in evangelic ... churches in North Carolina, retired pastors, and their surviving families. When Mr. Duke died in 1925, he left the endowment an addit ...
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James Buchanan Duke
James Buchanan Duke (December 23, 1856 – October 10, 1925) was an American tobacco and electric power industrialist best known for the introduction of modern cigarette manufacture and marketing, and his involvement with Duke University. He was also the founder of the American Tobacco Company in 1890. Early life James Buchanan Duke, known by the nickname "Buck", was born on December 23, 1856, near Durham, North Carolina, to tobacco manufacturer, philanthropist, and namesake of Duke University, Washington Duke (1820–1905), and his second wife, Artelia Roney. Business career Duke's father, Washington, had owned a tobacco company that his sons James and Benjamin (1855–1929) took over in the 1880s. In 1885, James Buchanan Duke acquired a license to use the first automated cigarette making machine (invented by James Albert Bonsack), and by 1890, Duke supplied 40 percent of the American cigarette market (then known as pre-rolled tobacco). In that year, Duke consolidated c ...
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Davidson College
Davidson College is a private liberal arts college in Davidson, North Carolina. It was established in 1837 by the Concord Presbytery and named after Revolutionary War general William Lee Davidson, who was killed at the nearby Battle of Cowan’s Ford. Davidson is a four-year undergraduate institution and enrolls 1,973 students from 50 states and territories, Washington, DC, and 46 countries. Of those students, 95 percent live on campus, 71 percent study abroad, and about 25 percent participate in 21 NCAA Division I sports. The college’s athletic teams, the Wildcats, compete in the Atlantic 10 Conference for all sports except football, which competes in the Pioneer Football League. Davidson's 665-acre (269 ha) main campus is located in a suburban community 19 miles (30 km) north of downtown Charlotte, North Carolina. The college also operates a 110-acre (44.5 ha) lake campus on the shores of nearby Lake Norman. The college offers 37 majors and 39 minors in liberal arts ...
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Duke Family
Duke is a male title either of a monarch ruling over a duchy, or of a member of royalty, or nobility. As rulers, dukes are ranked below emperors, kings, grand princes, grand dukes, and sovereign princes. As royalty or nobility, they are ranked below princess nobility and grand dukes. The title comes from French ''duc'', itself from the Latin '' dux'', 'leader', a term used in republican Rome to refer to a military commander without an official rank (particularly one of Germanic or Celtic origin), and later coming to mean the leading military commander of a province. In most countries, the word ''duchess'' is the female equivalent. Following the reforms of the emperor Diocletian (which separated the civilian and military administrations of the Roman provinces), a ''dux'' became the military commander in each province. The title ''dux'', Hellenised to ''doux'', survived in the Eastern Roman Empire where it continued in several contexts, signifying a rank equivalent to a captain ...
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Medical And Health Foundations In The United States
Medicine is the science and practice of caring for a patient, managing the diagnosis, prognosis, prevention, treatment, palliation of their injury or disease, and promoting their health. Medicine encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness. Contemporary medicine applies biomedical sciences, biomedical research, genetics, and medical technology to diagnose, treat, and prevent injury and disease, typically through pharmaceuticals or surgery, but also through therapies as diverse as psychotherapy, external splints and traction, medical devices, biologics, and ionizing radiation, amongst others. Medicine has been practiced since prehistoric times, and for most of this time it was an art (an area of skill and knowledge), frequently having connections to the religious and philosophical beliefs of local culture. For example, a medicine man would apply herbs and say prayers for healin ...
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Duke Power Company
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. Overview Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in the United States, which it distributes to its 7.2 million customers. The company has approximately 29,000 employees. Duke Energy's service territory covers with of distribution lines. Almost all of Duke Energy's Midwest generation comes from coal, natural gas, or oil, while half of its Carolinas generation comes from its nuclear power plants. During 2006, Duke Energy generated 148,798,332 megawatt-hours of electrical energy. Duke Energy Renewable Services (DERS), a subsidiary of Duke Energy, specializes in the development, ownership, and operation of various generation facilities throughout the United States. This segment of the company operates 1,700 megawatts of generation. 240 megawatts of wind generation were under construction and ...
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Donor Intent
A donor in general is a person, organization or government which donates something voluntarily. The term is usually used to represent a form of pure altruism, but is sometimes used when the payment for a service is recognized by all parties as representing less than the value of the donation and that the motivation is altruistic. In business law a ''donor'' is someone who is giving the gift (law), and a ''donee'' the person receiving the gift. More broadly, the term is used to refer to any entity that serves as the source of something transferred to a different entity, including - in scientific fields - the source of matter or energy passed from one object to another. The Online Etymology Dictionary traces the English-language word "donor" back to the mid-15th century, with origins in Anglo-French, Old French, Latin and Proto-Indo-European. In science Often the word is used as a shorter term for: * Blood donor * Donor (semiconductors) * Egg donor * Electron donor — (by ...
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North Carolina Institute Of Medicine
The North Carolina Institute of Medicine (NC IOM) is a quasi-state agency charged with building consensus on critical matters of health policy facing North Carolina and advising on health matters. History The North Carolina Institute of Medicine was chartered by the North Carolina General Assembly in 1983 by the creation of a general statute charging it with four purposes. # Be concerned with the health of the people of North Carolina; # Monitor and study health matters; # Respond authoritatively when found advisable; # Respond to requests from outside sources for analysis and advice when this will aid in forming a basis for health policy decisions. It has no affiliation with the Institute of Medicine of the National Academy of Sciences. It is administratively housed in thCecil G. Sheps Center for Health Services Researchat the University of North Carolina. Leadership Presidents John Sessions was the first President and CEO, serving from 1984 to 1986. Ewald W. Busse was p ...
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United Methodist
The United Methodist Church (UMC) is a worldwide mainline Protestant denomination based in the United States, and a major part of Methodism. In the 19th century, its main predecessor, the Methodist Episcopal Church, was a leader in evangelicalism. The present denomination was founded in 1968 in Dallas, Texas, by union of the Methodist Church and the Evangelical United Brethren Church. The UMC traces its roots back to the revival movement of John and Charles Wesley in England, as well as the Great Awakening in the United States. As such, the church's theological orientation is decidedly Wesleyan. It embraces liturgical worship, holiness, and evangelical elements. The United Methodist Church has a connectional polity, a typical feature of a number of Methodist denominations. It is organized into conferences. The highest level is called the General Conference and is the only organization which may speak officially for the UMC. The church is a member of the World Council ...
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Johnson C
Johnson is a surname of Anglo-Norman origin meaning "Son of John". It is the second most common in the United States and 154th most common in the world. As a common family name in Scotland, Johnson is occasionally a variation of ''Johnston'', a habitational name. Etymology The name itself is a patronym of the given name ''John'', literally meaning "son of John". The name ''John'' derives from Latin ''Johannes'', which is derived through Greek ''Iōannēs'' from Hebrew ''Yohanan'', meaning "Yahweh has favoured". Origin The name has been extremely popular in Europe since the Christian era as a result of it being given to St John the Baptist, St John the Evangelist and nearly one thousand other Christian saints. Other Germanic languages * Swedish: Johnsson, Jonsson * Icelandic: Jónsson See also * List of people with surname Johnson *Gjoni (Gjonaj) *Ioannou * Jensen *Johansson * Johns * Johnsson * Johnston *Johnstone * Jones *Jonson *Jonsson Jonsson is a surname of No ...
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Furman University
Furman University is a Private university, private Liberal arts college, liberal arts university in Greenville, South Carolina. Founded in 1826 and named for the clergyman Richard Furman, Furman University is the oldest private institution of higher learning in South Carolina. It became a secular university in 1992, while keeping ''Christo et Doctrinae'' (For Christ and Learning) as its motto. It enrolls approximately 2,700 undergraduate students and 200 graduate students, representing 46 states and 53 foreign countries, on its campus. History Beginnings (19th century) Furman Academy and Theological Institution was established by the South Carolina Baptist Convention and incorporated in December 1825 in Edgefield, South Carolina, Edgefield. With 10 students, it held its first classes January 15, 1828;"Furman University" in ''The New Encyclopedia of Southern Culture'', (Volume 17: Education), Clarence L. Mohr, ed. (UNC Press Books, 2011) p221 although another source says it opened ...
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Duke University
Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James Buchanan Duke established The Duke Endowment and the institution changed its name to honor his deceased father, Washington Duke. The campus spans over on three contiguous sub-campuses in Durham, and a marine lab in Beaufort. The West Campus—designed largely by architect Julian Abele, an African American architect who graduated first in his class at the University of Pennsylvania School of Design—incorporates Gothic architecture with the Duke Chapel at the campus' center and highest point of elevation, is adjacent to the Medical Center. East Campus, away, home to all first-years, contains Georgian-style architecture. The university administers two concurrent schools in Asia, Duke-NUS Medical School in Singapore (establi ...
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Private Foundation
A private foundation is a tax-exempt organization not relying on broad public support and generally claiming to serve humanitarian purposes. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion in assets.National Center for Charitable Statistics Most private foundations are much smaller. Out of the 84,000 private foundations that filed with the IRS in 2008, approximately 66% have less than $1 million in assets, and 93% have less than $10 million in assets. In aggregate, private foundations in the U.S. control over $628 billion in assets and made more than $44 billion in charitable contributions in 2007. Unlike a charitable foundation, a private foundation does not generally solicit funds from the public or have the legal requirements and reporting responsibilities of a registered, non-profit or charitable foundation. Not all foundations engage in philanthropy: some private foundations are used for estate planning purposes. Desc ...
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