Duke University is celebrating its largest donation ever!

December 10, 2023

With 100 years under its belt, Duke University is celebrating the university’s largest donation ever. It was announced recently that Duke Endowment, an independent philanthropic foundation, has awarded the university $100 million to fund various student programs. Duke President Vincent Price believes those donations will contribute to the university’s growth for 100 years.
“This is a wonderful moment for Duke as we head into our centennial, a centennial that we share with the Duke Endowment,” Price said. “They have been an important philanthropic partner to Duke University throughout our history, and this marks just a wonderful moment for our future growth and development as we look forward to the next 100 years.”

According to News and Observer, funding will support the university’s initiative to offer free tuition to students whose families earn $150,000 or less annually. This semester, over 340 undergraduate students from the Carolinas are receiving support through that program, which covers additional housing, meals, and other expenses for family incomes of $65,000 or less. The university will continue to raise money for the program as its demand increases.

https://today.duke.edu/2023/11/duke-university-receives-100-million-duke-endowment

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