Endowment / Foundation

Updated:

Dave & Cheryl Duffield Foundation

Dave Duffield gave the largest single gift in Cornell history while funding a national service-dog campus and over $300M in animal-welfare grants.

Dave & Cheryl Duffield Foundation

The Dave & Cheryl Duffield Foundation launched in 2016 in Incline Village, Nevada, but its philanthropic practice reaches back to 1994. That year, Dave Duffield — who had already founded PeopleSoft and would later co-found Workday — created the Duffield Family Foundation with his wife Cheryl. It was renamed Maddie's Fund in 1999 and has since awarded over $300 million to revolutionize companion animal welfare. The couple's current entity consolidates their grantmaking into three streams: expanding veterinary access for pets, supporting disabled military veterans through the Liberty Dogs initiative, and backing local public-service institutions where the founders maintain personal ties. The foundation deploys capital through invitation-only grants to Section 501(c)(3) public charities, avoiding direct contributions to individuals. Its largest single commitment is to Cornell University, where cumulative giving by Dave Duffield now exceeds $550 million across multiple colleges. A $371.5 million pledge and a further $100 million 2025 commitment are establishing the Cornell David A. Duffield College of Engineering. In the companion-animal space, DCDF partners with legacy grantee Maddie's Fund and cites PetSmart Charities data that 50 million U.S. pets lack adequate veterinary care; it directs funding toward rural-community access solutions. On the veterans track, Liberty Dogs is building a dedicated training campus in Reno, Nevada, where participants spend two weeks living and training with a service dog before returning home at no cost. Dave and Cheryl Duffield serve as directors alongside DCDF Co-President Amy Zeifang and director Laurie Peek. The foundation keeps its asset base private, but disclosed deployment signals institutional scale — Cornell alone has received more than half a billion dollars from the family. In 2026, Forbes ranked Dave Duffield #120 on its list of America's top living innovators, and The Chronicle of Philanthropy included the couple on its annual top-50 U.S. donors list. Publicly, the foundation operates from a single office in Incline Village, though its programs have national reach, from the Cornell campus in Ithaca, New York, to the Liberty Dogs site in Reno. DCDF's architecture is unusual in treating a massive university naming gift, a companion-animal welfare overhaul, and a single-constituency veterans service as three lanes inside one foundation rather than splitting them into separate vehicles. The founders' exit wealth came from subscription enterprise software — a repeatable, high-margin business — and the foundation mirrors that long-cycle patience by funding infrastructure (a college, a campus, a national grant program) instead of annual-campaign check-writing. Maddie's Fund remains a separate legacy entity, giving the family a dual operating structure that spans both early-stage animal-welfare innovation and mature, capital-intensive institution building.

General information

Firm type

Endowment / Foundation

Year founded

2016

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Incline Village

Corporate office

Incline Village, Nevada, United States

Principals

Dave Duffield

Co-Founder and Director

Cheryl Duffield

Co-Founder and Director

Amy Zeifang

Director and DCDF Co-President

Laurie Peek

Director

Sector focus

Veterinary & Animal HealthService Dog & Veteran SupportHigher EducationEnterprise Software

Frequently asked questions

Who runs investment and grant decisions at the Dave & Cheryl Duffield Foundation?

The foundation's website lists four directors: co-founders Dave and Cheryl Duffield, alongside Amy Zeifang (who also holds the title of DCDF Co-President) and Laurie Peek. Grants are by invitation only, so there is no public-facing investment committee or open submission process disclosed.

Does the foundation make direct investments, or is it strictly a grantmaker?

DCDF operates as a private family foundation that makes grants to qualified 501(c)(3) public charities. The firm's stated process is invitation-only. No public information indicates the foundation takes equity stakes, participates in venture rounds, or maintains a program-related investment (PRI) allocation.

How is the Dave & Cheryl Duffield Foundation related to Maddie's Fund?

Maddie's Fund is the predecessor entity. It was founded by the Duffields in 1994 as the Duffield Family Foundation and renamed in 1999. It has awarded over $300 million in animal-welfare grants. DCDF, formed in 2016, is the Duffields' current philanthropic vehicle and collaborates with Maddie's Fund on companion-animal access-to-care programs, but the two are legally separate foundations.

What investment stages does the Dave & Cheryl Duffield Foundation typically target?

The foundation's grantmaking targets three specific programmatic lanes at the operational stage rather than early-stage R&D: veterinary access expansion through existing provider networks, a built-to-open service-dog campus for veterans, and large-scale higher-education infrastructure. It does not publicly fund seed-stage or venture-style initiatives.

Where does the underlying wealth come from?

The Duffield family's wealth originates from David A. Duffield's career as a founder of enterprise-software companies. He co-founded PeopleSoft in 1987 and later co-founded Workday, a cloud-based human-resources and finance platform that went public in 2012 (per the firm, 2026).

Does the foundation maintain philanthropic structures, and how are they separated?

The family maintains at least two discrete entities: the 2016-era Dave & Cheryl Duffield Foundation and the 1994-era Maddie's Fund. DCDF's website describes the latter as a 'legacy' organization and collaborator, while DCDF is the active grantmaking foundation. The exact legal and asset separation between the two is not publicly detailed.

Which sectors does the foundation explicitly avoid?

DCDF's public materials focus exclusively on three areas — veterinary care, disabled-veteran service dogs, and higher education/community projects linked to the founders. The foundation states it 'is unable to provide charitable contributions directly to individuals' and does not operate an open application process, effectively excluding unsolicited proposals across all other sectors.

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