Philanthropist Mary Semans dies at 91
Mary Duke Biddle Trent Semans, a philanthropist who supported a broad range of causes with compassion, kindness and devotion, and who bridged the era from just after World War I with the Internet age, died Jan. 25 at age 91.
Duke Endowment to build new quarters
The Duke Endowment will build a new headquarters building in the Dilworth community near uptown Charlotte that it expects to occupy in July 2013.
Duke Endowment tweaks grants strategy
After absorbing a drop in assets of more than $1 billion during the market downturn, a slide that has dampened grants to nonprofits, The Duke Endowment is changing the way it develops its grantmaking budget.
Duke Endowment awards $56.7 million
In the face of weak financial markets, new grants the endowment awarded in 2009 fell from $204.5 million a year earlier.
Duke Endowment grants to drop
With its assets down by almost $1 billion, the Charlotte-based funder will cut its grantmaking by about $42 million this year.
Duke Endowment awards $110 million
The Duke Endowment has given $110 million aimed at children, rural churches, health care and higher education in the Carolinas.
Foundation fellows bring fresh perspective
Foundation fellowships offer young professionals a chance to gain experience in grantmaking, while infusing a generally older sector with a fresh perspective.