Duke University is a private research university located in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present-day town of Trinity in 1838, the school moved to Durham in 1892.In 1924, tobacco and electric power industrialist James B. Duke established The Duke Endowment, at which time the institution changed its name to honor his deceased father, Washington Duke.
Duke's research expenditures in the 2010 fiscal year topped $983 million, the fifth largest figure in the nation.Competing in the Atlantic Coast Conference, Duke's athletic teams – known as the Blue Devils— have captured 13 team national championships, including four by its high profile men's basketball team. In 2013, Duke was ranked 17th and 23rd in the world by Times Higher Education World University Rankings and QS World University Rankings, respectively, while tying for 7th in the U.S. in the 2014 U.S. News & World Report "Best National Universities Rankings." In a corporate study carried out by The New York Times, Duke's graduates were shown to be among the most valued in the world, and Forbes magazine ranked Duke 7th in the world on its list of 'power factories' in 2012.
The university's campus spans over 8,600 acres (35 km2) on three contiguous campuses in Durham as well as a marine lab in Beaufort. Duke's main campus—designed largely by African American architect Julian Abele—incorporates Gothic architecture with the 210-foot (64 m) Duke Chapel at the campus' center and highest point of elevation. The freshmen-populated East Campus contains Georgian-style architecture, while the main Gothic-style West Campus 1.5 miles away is adjacent to the Medical Center.