SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
DUKE ALUMNI ASSOCIATION INC
 
Employer identification number

56-1594088
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS OF DUKE ALUMNI ASSOCIATION, INC.'S DIRECTORS AND OFFICERS TALLMAN TRASK IS AN OFFICER OF DUKE UNIVERSITY. LAURA MEYER WELLMAN IS A TRUSTEE OF DUKE UNIVERSITY. THE FOLLOWING OFFICERS AND DIRECTORS OF DUKE ALUMNI ASSOCIATION, INC. ARE ALSO EMPLOYEES OF DUKE UNIVERSITY: STERLY L. WILDER, DAVID S. LINDQUIST, DAVID L. KENNEDY, RACHEL SATTERFIELD AND SCOTT D. GREENWOOD.
FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF DIRECTORS OF DUKE ALUMNI ASSOCIATION, INC., SHALL BE ELECTED OR APPOINTED, AND ARE SUBJECT TO REMOVAL BY THE BOARD OF TRUSTEES OF DUKE UNIVERSITY.
FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES OF DUKE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 11B DUKE ALUMNI ASSOCIATION, INC. PROVIDES THE MEMBERS OF THE GOVERNING BODY WITH A DRAFT OF FORM 990 FOR INDIVIDUAL REVIEW AND COMMENT PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 18 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.
FORM 990, PART VI, SECTION C, LINE 19 DUKE ALUMNI ASSOCIATION'S 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 ALUMNI ASSOCIATION, INC. IS INCLUDED IN THE CONSOLIDATED, INDEPENDENTLY AUDITED FINANCIAL STATEMENTS OF DUKE UNIVERSITY WHICH ARE AVAILABLE AT HTTPS://RESOURCES.FINANCE.DUKE.EDU/RESOURCES/DOCS/FINANCIAL_REPORTS20-21. PDF (WEBLINK MUST BE INPUT IN ALL LOWER CASE LETTERS).
FORM 990, PART VIII, LINE 7 - GROSS SALES OF ASSETS OTHER THAN INVENTORY INVESTMENT FUNDS DUKE UNIVERSITY (AND THEREFORE DUKE ALUMNI ASSOCIATION, INC.) MANAGES ITS INVESTMENT FUNDS IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT OF NORTH CAROLINA. AS PERMITTED BY THE ACT, THE UNIVERSITY (AND THEREFORE DUKE ALUMNI ASSOCIATION, INC.) UTILIZES TWO INVESTMENT POOLS TO INVEST ITS FUNDS AND THESE FUNDS OPERATE ON A TOTAL RETURN CONCEPT. IT IS, THEREFORE, NOT PRACTICAL TO SEPARATE EARNINGS AS SET FORTH ON LINES 3, 4 AND 7; EARNINGS ARE COMBINED AND REPORTED ON LINE 7D.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


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