Form 13F
Form 13F COVER PAGE
"Report for the Calendar Year or Quarter Ended: December 31, 1999"
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.) : [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Duke Endowment
Address: 100 North Tryon Street Suite 3500
" Charlotte, North Carolina 28202-4012"
Form 13F File Number: 28-685
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
"signing the report is authorized to submit it, that all "
"information contained herein is true, correct and complete, and"
"that it is understood that all required items, statements,"
"schedules, lists, and tables, are considered integral parts of "
this form.
Person Signing this Report on Behalfof Reporting Manager:
Name: Janice C. Walker
Title: CFO & Treasurer
Phone: (704) 376-0291
"Signature, Place, and Date of Signing:"
Janice C. Walker "Charlotte, N.C." 12/08/99
_____________________________ _______________________ _____________
[Signature] "[City, State]" [Date]
Report Type (Check only one.) :
[X ] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
" report, and all holdings are reported by other reporting"
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting manager (s).)
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 60
"Form 13F Information Table Value Total: $431,562"
Provide a numbered list of the name(s) and Form 13F file
number (s) of all institutional investment managers with respect
"to which this report is filed, other than the manager filing this"
report.
None
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/PUT INVSTMT VOTING AUTHORITY
Name of Issuer Title of Class CUSIP
(X$1000) PRN AMT PRNCAL DSCRETN SOLE SHARED NONE
A T & T CORP COM COM 1957109 546 "10,750" 100070 4001306 SH SOLE "10,750"
ADOBE SYS INC COM COM 00724F101 948 "14,100" 100070 4007950 SH SOLE "14,100"
ALCATEL SPONSORED ADRS COM 13904305 "1,008" "22,400" 100070 4042023 SH SOLE "22,400"
ALCOA INC COM 13817101 "1,046" "12,610" 100070 4042140 SH SOLE "12,610"
AMERICA ONLINE INC DEL COM 02364J104 "1,183" "15,600" 100070 4072360 SH SOLE "15,600"
AMERICAN EAGLE OUTFITTERS INC COM 2.55E+109 787 "17,500" 100070 4082710 SH SOLE "17,500"
AMERICAN EXPRESS COMPANY COM 25816109 615 "3,700" 100070 4085360 SH SOLE "3,700"
AMERICAN INTERNATIONAL GROUP INC COM COM 26874107 "1,202" "11,125" 100070 4088675 SH SOLE "11,125"
AMERICAN PWR CONVERSION CORP COM 29066107 749 "28,400" 100070 4095003 SH SOLE "28,400"
AMR CORP COM COM 1765106 891 "13,300" 100070 4001000 SH SOLE "13,300"
ANHEUSER-BUSCH COMPANIES INC COM COM 35229103 747 "10,550" 100070 4119910 SH SOLE "10,550"
APPLIED MICRO CIRCUITS CORP COM 03822W109 "1,297" "10,200" 100070 4132155 SH SOLE "10,200"
BELLSOUTH CORPORATION COM 79860102 903 "19,300" 100070 4347320 SH SOLE "19,300"
BRIGGS & STRATTON CORPORATION COM 109043109 592 "11,050" 100070 4417340 SH SOLE "11,050"
BRISTOL MYERS SQUIBB CO COM COM 110122108 "1,418" "22,100" 100070 4419958 SH SOLE "22,100"
BROADCOM CORP COM 111320107 "1,075" "3,950" 100070 4424734 SH SOLE "3,950"
CATERPILLAR INC COM 149123101 705 "15,000" 100070 4590925 SH SOLE "15,000"
CHASE MANHATTAN CORP NEW COM 16161A108 571 "7,350" 100070 4620856 SH SOLE "7,350"
CHEVRON CORP COM 166751107 "1,038" "11,990" 100070 4636600 SH SOLE "11,990"
CITIGROUP INC COM 172967101 671 "12,050" 100070 4681797 SH SOLE "12,050"
DISNEY (WALT) COMPANY HOLDING CO. COM 254687106 819 "28,000" 100070 4958540 SH SOLE "28,000"
DUKE ENERGY CORP COM 264399106 "381,186" "7,604,721" SH SOLE "7,604,721"
ERICSSON L M TEL CO ADR COM 294821400 "1,234" "18,800" 100070 5049318 SH SOLE "18,800"
EXXON MOBIL CORP COM 30231G102 "1,090" "13,531" 100070 5069693 SH SOLE "13,531"
FANNIE MAE COM STK COM 313586109 462 "7,400" 100070 5099600 SH SOLE "7,400"
FEDERATED DEPT STORES INC COM COM 31410H101 793 "15,700" 100070 5101358 SH SOLE "15,700"
FLUOR CORP COM COM 343861100 844 "18,400" 100070 5146600 SH SOLE "18,400"
FREDDIE MAC COM COM 313400301 694 "14,750" 100070 5089422 SH SOLE "14,750"
GENERAL DYNAMICS CORPORATION COM COM 369550108 524 "9,950" 100070 5198100 SH SOLE "9,950"
GENERAL MOTORS CORPORATION COM COM 370442105 610 "8,400" 100070 5208800 SH SOLE "8,400"
GOLDEN WEST FINANCIAL CORP COM 381317106 390 "11,650" 100070 5269500 SH SOLE "11,650"
HOME DEPOT INC COM COM 437076102 "1,113" "16,200" 100070 5398910 SH SOLE "16,200"
J P MORGAN & CO INC COM COM 616880100 563 "4,450" 100070 5974250 SH SOLE "4,450"
JOHNSON & JOHNSON COM COM 478160104 904 "9,700" 100070 5543300 SH SOLE "9,700"
LEHMAN BROTHERS HLDGS INC COM 524908100 944 "11,150" 100070 5623125 SH SOLE "11,150"
LUCENT TECHNOLOGIES INC COM 549463107 615 "8,200" 100070 5728805 SH SOLE "8,200"
MC DONALDS CORPORATION COMMON COM 580135101 802 "19,900" 100070 5849700 SH SOLE "19,900"
MEDTRONIC INC COM 585055106 568 "15,600" 100070 5855300 SH SOLE "15,600"
MERRILL LYNCH & CO INC COM 590188108 683 "8,200" 100070 5866225 SH SOLE "8,200"
MINNESOTA MINING & MANUFACTURING CO COM COM 604059105 "1,027" "10,500" 100070 5926800 SH SOLE "10,500"
MOTOROLA INCORPORATED COM COM 620076109 773 "5,250" 100070 5979600 SH SOLE "5,250"
NATIONAL SEMICONDUCTOR CORP COMMON COM 637640103 721 "16,850" 100070 6069150 SH SOLE "16,850"
NOKIA CORP ADR-A SHS COM 654902204 "1,366" "7,150" 100070 6561604 SH SOLE "7,150"
NORTEL NETWORKS CORP COM 656569100 "1,494" "14,800" 100070 6567507 SH SOLE "14,800"
OUTBACK STEAKHOUSE INC COM 689899102 518 "20,000" 100070 6714615 SH SOLE "20,000"
PE CORP PE BIOSYSTEMS GROUP COM 69332S102 "1,022" "8,500" 100070 6734181 SH SOLE "8,500"
PEPSICO INC COM COM 713448108 930 "26,400" 100070 6831565 SH SOLE "26,400"
PHARMACIA & UPJOHN INC COM 716941109 848 "18,850" 100070 6836212 SH SOLE "18,850"
PHILIP MORRIS COMPANIES INC COM 718154107 699 "30,400" 100070 5977160 SH SOLE "30,400"
PROCTER & GAMBLE CO COM COM 742718109 942 "8,600" 100070 6947140 SH SOLE "8,600"
QUALCOMM INC COM 747525103 "2,536" "14,400" 100070 6990617 SH SOLE "14,400"
SBC COMMUNICATIONS INC COM 78387G103 "1,043" "21,400" 100070 7164003 SH SOLE "21,400"
SCHERING PLOUGH CORP COM COM 806605101 805 "19,000" 100070 7168730 SH SOLE "19,000"
TEMPLE INLAND INC COM 879868107 431 "6,550" 100070 7420649 SH SOLE "6,550"
TEXAS INSTRUMENTS INC COM 882508104 792 "8,200" 100070 7454825 SH SOLE "8,200"
TOPPS COMPANY INC COM 890786106 116 "11,250" 100070 7484427 SH SOLE "11,250"
TYCO INTL LTD COM COM 902124106 553 "14,200" 100070 7530957 SH SOLE "14,200"
VERITAS SOFTWARE CO COM 923436109 772 "5,400" 100070 7670758 SH SOLE "5,400"
WEYERHAEUSER CO COM COM 962166104 912 "12,700" 100070 7815520 SH SOLE "12,700"
ZEBRA TECHNOLOGIES CORP CL A COM 989207105 432 "7,400" 100070 7883946 SH SOLE "7,400"
TOTAL "431,562"
The Duke Endowment is also the beneficial owner of certain securities which are reported
on Forms 13F by outside investment managers.
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