Investments of the University include debt (bonds), equity (stock),
real estate and other miscellaneous investments.
The University uses the "pool" concept to invest most
of its cash. Under the pool concept, the excess cash of individual
cost objects is invested by purchasing units in one of the University's
three general investment pools: the Cash Management Fund (CMF), the Intermediate Term Pool, and the Long Term Pool.
Each participating cost object owns units of the pool based on
their initial and subsequent contributions and earns investment
income based on the units owned. The Duke Management Company manages
the assets invested in these pools.
Represents the book value of Duke University Medical Center's investment in Durham Asset Management Corporation, a wholly owned separate support corporation of Duke University.
162503 Durham Asset Management Company (DAMCO)(Valid For: DUHS)
162600 Investment in Duke Medical Strategies, Inc(Valid For: Investment Office Only )
Represents Capital Investment in Wellpath Community Health Plans held by Duke University Health Systems.
162603 Investment in Duke Medical Strategies Inc. (Valid For: Investment Office Only )
162700 Investment In Wellpath Community Health Plans(Valid For: Investment Office Only )
Represents Capital Investment in Wellpath Community Health Plans held by Duke Medical Strategies.
162800 Investment in Applied Chemical Concepts, Inc (Valid For: Investment Office Only )
Represents Capital Investment in Applied Clinical Concepts, Inc. held by Duke University.
162900 Investment: Fearrington(Valid For: Investment Office Only )
Represents Capital Investment in a project at Fearrington Village.
163000 Marketable Securities(Valid For: Investment Office Only )
Represents the book value of marketable securities purchased within investment pools or as specific investments of particular funds. Examples of investments classified in this G/L account would be money market instruments, common and preferred stocks, and bonds.
163001 Charitable Remainder Trust Short Term Invest Fund(Valid For: Univ)
Represents implementation of the investing Charitable Remainder Trusts (CRT’s) in the Long Term Pool
163003 Marketable Securities(Valid For: Investment Office Only )
163004 Posted Securities(Valid For: DUHS)
163009 Market Value of Securities(Valid For: Investment Office Only )
For use in recording mark to market on accounts 163000/163003.
163010 Mkt Value Posted Securities(Valid For: DUHS)
This account should be used to record mark-to-market on collateralized securities in G/L 163004.
Represents the book value of less readily marketable securities (than those carried in G/L account 163000) purchased within investment pools or as specific investments of particular funds. Examples of investments classified in this G/L account would be real estate and insurance policies.
164003 Other Investments(Valid For: DUHS)
164100 Duke Hospital: Durham Casualty Co., Ltd(Valid For: DUHS, Univ)
Represents Duke Hospital's equity investment in the Durham Casualty Insurance Company.
164200 Duke Hospital: Other Investments(Valid For: DUHS, Univ)
Represents non-pooled investments in the Current Unrestricted cost object belonging to Duke Hospital.
164203 Duke Hospital: Other Investments(Valid For: DUHS)
164300 Duke Hospital Investment in Duke Affiliated Physicians Inc(Valid For: DUHS, Univ)
Represents Duke Hospital's equity investment in Duke Affiliated Physicians, Inc., a wholly owned subsidiary of Duke University.
164400 Duke University Health System Investment in Durham County Hospital Corporation (DCMC)(Valid For: DUHS, Univ)
Represents Duke University Health System's equity investment in Durham Regional Hospital.
164500 Duke University Health System: Investment in Duke Raleigh Hospital (Valid For: DUHS, Univ)
Represents Duke University Health System's equity investment in Duke Raleigh Hospital.
164600 DUHS Investment: United Methodist Retirement Home(Valid For: DUHS)
Represents Duke University Health System's equity investment in Duke Raleigh Hospital.
1647**
164700 Duke University Health System - Investment in Health System Medical Strategies(Valid For: DUHS)
Represents Duke University Health System's equity investment in Galloway Ridge Associated, to develop a continuing care retirement community.
164703 DUHS Investment: Health System Medical Strategies(Valid For: DUHS)
164800 Investment in Duke: GMC, LLC(Valid For: DUHS)
164900 Allowance for Cost of Disposal (Valid For: DUHS, Univ)
Represents a contra-asset account to create a reserve for selling expenses associated with Real Estate Gifts.
165000 North Carolina Trust Company Charitable Trust Assets(Valid For: DUHS, Univ)
Represents investments of Charitable Trust's which are managed by North Carolina Trust Company.
165100 Wellpath Sale Escrow(Valid For: DUHS)
169100 Interest in Duke Endowment(Valid For: External Reporting Only)
Represents the portion of the Duke Endowment's assets (at market value) from which the University derives unrestricted income.
169200 Interest in Funds Held by Others(Valid For: External Reporting Only)
Represents other externally managed trust assets (at market value) from which the University derives unrestricted income.
169900 Market Value of Investments (Valid For: External Reporting Only)
169901 Market Value: Short Term Debt(Valid For: External Reporting Only)
