Citadel Foundation
Citadel Foundation
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About this organization
Mission
THE CITADEL FOUNDATION IS A NONPROFIT ORGANIZATION CREATED TO RAISE FUNDS FOR THE CITADEL. GIFTS FROM ALUMNI AND FRIENDS, CORPORATIONS, AND OTHER ORGANIZATIONS PROVIDE RESOURCES THAT THE COLLEGE USES TO AWARD SCHOLARSHIPS, RECRUIT AND RETAIN OUTSTANDING STUDENTS AND PROFESSORS, PROVIDE THEM WITH STATE-OF-THE-ART TECHNOLOGY AND FACILITIES, AND ENRICH CAMPUS LIFE THROUGH ATHLETIC AND CULTURAL ACTIVITIES. THE TOP THREE AREAS OF FOCUS OF THE CITADEL FOUNDATION ARE TO PROVIDE UNRESTRICTED SUPPORT TO THE CITADEL, INCREASE SCHOLARSHIP FUNDS, AND SUSTAIN ENRICHMENT PROGRAMS FOR THE SOUTH CAROLINA CORPS OF CADETS AND GRADUATE STUDENTS.
About
ACADEMIC SUPPORTGIFTS TO THE UNRESTRICTED CITADEL FUND ARE AN ESSENTIAL COMPONENT IN MAINTAINING THE COLLEGE'S ACADEMIC EXCELLENCE AND FISCAL STABILITY. UNRESTRICTED GIFTS HAVE AN IMMEDIATE AND ENDURING IMPACT ON CAMPUS PRIORITIES AND THE MOST URGENT NEEDS, PROVIDING THE FLEXIBILITY TO SUPPORT THE COLLEGE'S MOST CRITICAL OBJECTIVES. UNRESTRICTED GIFTS ENABLE THE CITADEL TO:-ENHANCE THE CLASSROOM EXPERIENCE AND LIBRARY RESOURCES -SUPPORT CADET RESEARCH AND TRAVEL INITIATIVES -PROVIDE SCHOLARSHIPS AND FINANCIAL AID RESOURCES -ENGAGE AND RETAIN THE MOST TALENTED FACULTY AND STAFF -EXPAND LEADERSHIP AND CHARACTER DEVELOPMENT OPPORTUNITIES -KEEP PACE WITH CUTTING-EDGE TECHNOLOGY ADVANCESANNUAL GIFTS ALSO INCREASE DONOR PARTICIPATION RATES, WHICH ARE OFTEN INFLUENTIAL FACTORS IN NATIONWIDE COLLEGE RANKINGS AND FUNDING DECISIONS BY POTENTIAL CORPORATE AND FOUNDATION GRANT MAKERS. SUCH ADDITIONAL REVENUE SOURCES ARE ESSENTIAL TO OFFSET TUITION INCREASES AND MAKE UP FOR DECLINING STATE SUPPORT.GIFTS TO THE CITADEL FUND CONTINUE THE COLLEGE'S LONGSTANDING TRADITION OF PROVIDING CADETS AND GRADUATE STUDENTS WITH AN EXCEPTIONAL EDUCATION IN A DISCIPLINED ENVIRONMENT, DEEP BONDS AND LASTING FRIENDSHIPS, AND ABOVE ALL, THE ABILITY AND CONFIDENCE TO FACE WHATEVER CHALLENGES COME THEIR WAY.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “The citadel foundation is a nonprofit organization created to raise funds for the citadel. gifts from alumni and friends, corporations, and other organizations provide resources that the college uses to award scholarships, recruit and retain outstanding students and professors, provide them with state-of-the-art technology and facilities, and enrich campus life through athletic and cultural activities. the top three areas of focus of the citadel foundation are to provide unrestricted support to the citadel, increase scholarship funds, and sustain enrichment programs for the south carolina corps of cadets and graduate students.”.
When detailing its functions, they were listed as: “The citadel foundation is a nonprofit organization created to raise funds for the citadel. gifts from alumni and friends, corporations, and other organizations provide resources that the college uses to award scholarships, recruit and retain outstanding students and professors, provide them with state-of-the-art technology and facilities, and enrich campus life through athletic and cultural activities. the top three areas of focus of the citadel foundation are to provide unrestricted support to the citadel, increase scholarship funds, and sustain enrichment programs for the south carolina corps of cadets and graduate students.”.
- According to the law, the state where the non-profit operates has been reported as SC.
- The filing specifies that the non-profit's address in 2020 was 171 MOULTRIE STREET, CHARLESTON, SC, 29409.
- As of 2020, the non-profit's form shows they have a total of 66 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$3,859,054.
- The organization has 35 independent voting members.
- The organization was formed in 1961.
- The organization pays $4,707,568 in salary, compensation, and benefits to its employees.
- The organization pays $5,188,350 in fundraising expenses.