Duke Gift Properties Inc.

“The duke gift properties, inc. Board of directors and duke university philanthropies, inc. Board of directors approved by sufficient vote the plan of merger between duke gift properties, inc. And duke university philanthropies, inc. The plan indicated that duke university philanthropies, inc. Shall be the surviving entity, and that duke gift properties, inc. Shall merge into duke university philanthropies, inc. Effective december 31, 2024. Going forward, all activities will be conducted within duke university philanthropies, inc.”

“The members of the board of directors of duke gift properties, inc. Shall be elected or appointed, and subject to removal by the board of trustees of duke university.”

“Decisions of the governing body are subject to approval by the board of trustees of duke university.”

“Duke gift properties, inc. Provides the members of the governing body with a draft of form 990 for individual review and comment prior to filing.”

“In addition to providing the organization's form 990 upon request, the organization's form 990 is available to the public on several third party websites. While the organization does not provide the form 990 directly to these third parties, the form 990 is obtained from the internal revenue service. The third parties subsequently and independently provide access to the form 990 on their platform.”

“Duke gift properties, inc. Governing documents (articles of incorporation and any subsequent amendments or restatement) are available to the public on the north carolina secretary of state website. The organization does not have a conflict of interest policy. Duke gift properties, inc. Is included in the consolidated, independently audited financial statements of duke university which are available at https://finance.duke.edu/resources/docs.”

“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.”

“The duke gift properties, inc. Board of directors and duke university philanthropies, inc. Board of directors approved by sufficient vote the plan of merger between duke gift properties, inc. And duke university philanthropies, inc. The plan indicated that duke university philanthropies, inc. Shall be the surviving entity, and that duke gift properties, inc. Shall merge into duke university philanthropies, inc. Effective december 31, 2024. Going forward, all activities will be conducted within duke university philanthropies, inc.”

“The organization did not meet the unrelated business gross income threshold of $1,000 during the fiscal year ended december 31, 2024. However the organization has filed form 990-t for the fiscal year ended december 31, 2024 to report the final form 990-t filing.”