Overview
What is The Citadel Foundation?
The Citadel Foundation is a Charleston, South Carolina-based nonprofit organization dedicated to raising funds for The Citadel. Unrestricted donations to this foundation significantly contribute to the college's academic excellence and financial stability. These gifts enable the institution to improve classroom experiences, expand research opportunities, provide scholarships, retain talented faculty, and enhance character development. Annual gifts also boost donor participation rates, which are vital factors in college rankings and potential funding decisions by corporate and foundation grant makers. By offsetting tuition increases and supplementing state support, unrestricted gifts help The Citadel maintain its tradition of offering an exceptional education and fostering lasting bonds among cadets and graduate students.
Official website here: www.citadel.edu/tcf
Is The Citadel Foundation legitimate?
The Citadel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Citadel Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $752,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,484,466
For more financial information, click here
Official website here: www.citadel.edu/tcf
What is the mission statement of The Citadel Foundation?
The Citadel Foundation is a non-profit organization dedicated to raising funds for The Citadel. It supports the college by granting and investing money for its benefit, with a focus on unrestricted support, increasing scholarship funds, and sustaining enrichment programs for students. Unrestricted gifts are essential for the college's academic excellence and fiscal stability, providing flexibility to address critical objectives, such as enhancing the classroom experience, supporting research initiatives, and offering scholarships. Annual gifts also boost donor participation rates, which influence college rankings and attract additional revenue sources like corporate and foundation grants. Unrestricted gifts enable The Citadel to provide cadets and graduate students with an exceptional education and character development opportunities, keeping pace with technological advances.
Official website here: www.citadel.edu/tcf
Who is the CEO of The Citadel Foundation?
Shannon Mease is the Board Member of The Citadel Foundation. The CEO's salary of The Citadel Foundation is $453,846 and their total compensation is $528,517.
Official website here: www.citadel.edu/tcf
What is the revenue of The Citadel Foundation?
The Citadel Foundation's revenue in 2022 was $31,638,526.
Official website here: www.citadel.edu/tcf
Who are the executives of The Citadel Foundation and what are their salaries?
The average compensation at The Citadel Foundation during 2022 was $114,504. There are 37 employees and 360 volunteers at The Citadel Foundation.
Here are 46 key members and their salaries (The Citadel Foundation's CEO's salary is $453,846 and their total compensation is $528,517):
- Jay P Dowd Iii (President And Ceo)
- Shannon N Mease (Coo/Cfo)
- Jonathan Kresken (Vp Legacy, Annual & Reunion Giving)
- Gaylord W Greene (Vp Athletic Development)
- Ashley Santos (Asst Vp For Principal Gifts/Capital)
- Robert A Stephenson (Asst Vp For Major Gifts)
- Jodi R Collins (Controller)
- Mr David D Aughtry (Board Member) [Trustee/Director]
- Mr Tommy B Baker (Board Member) [Trustee/Director]
- Ltc Charles E Bledsoe Usa Ret (Board Member) [Trustee/Director]
- Mr Frank J Brand Ii (Board Member) [Trustee/Director]
- Mrs Marina Daniel Buescher (Board Member) [Trustee/Director]
- Mr Charles B Coe (Board Member) [Trustee/Director]
- Dr Louis E Costa Ii (Board Member) [Trustee/Director]
- Mr Rafael R Costas Jr (Board Member) [Trustee/Director]
- Lt Col William R Culbreath Jr Usa (Tcbf President) [Trustee/Director]
- Mr Stephen L Davis (Board Member) [Trustee/Director]
- Mr John R Douglas (Board Member) [Trustee/Director]
- Mr William W Gaffney (Board Member) [Trustee/Director]
- Col Dylan W Goff (Board Member) [Trustee/Director]
- Mr Richard N Gussoni (Board Member) [Trustee/Director]
- Mrs Tracy T Hardaway (Board Member) [Trustee/Director]
- Col Thomas L Hendricks Usaf Ret (Board Member) [Trustee/Director]
- Mr Robert R Hill Jr (Board Member) [Trustee/Director]
- Ms M Russell Holliday Jr (Chair Real Estate Comm) [Trustee/Director]
- Mr W Henry Johnson (Chair Grants Comm) [Trustee/Director]
- Mr Joseph J Keenan (Chair Nominations & Real Estate Comm) [Trustee/Director]
- Mr James A King Ii (Board Member) [Trustee/Director]
- Mr Luther C Kissam Iv (Chair Development/Campaign Comm) [Trustee/Director]
- Mr L William Krause (Board Member) [Trustee/Director]
- Mr Gregory A Lapointe (Board Member) [Trustee/Director]
- Mr Charles B Lawless (Chair Investment Comm) [Trustee/Director]
- Mr John P Mcaleer (Board Member) [Trustee/Director]
- Mr A Foster Mckissick Iii (Board Member) [Trustee/Director]
- Mr J Brice O'Brien (Chair Development Comm) [Trustee/Director]
- Col Alvin A Perkins Usa Ret (Board Member) [Trustee/Director]
- Mr James W Reed (Board Member) [Trustee/Director]
- Ltg W Michael Steele Usa Ret (Board Member) [Trustee/Director]
- Gen Glenn M Walters Usmc Ret (President Of The Citadel) [Trustee/Director]
- Mr Anderson D Warlick (Emeritus) [Trustee/Director]
- Mr J Todd Watkins (Board Member) [Trustee/Director]
- Mr Claudius E Watts Iv (Board Member) [Trustee/Director]
- Mr James S Wigfall (Board Member) [Trustee/Director]
- Dr Christopher C Swain (Chairman Of The Board) [Trustee/Director]
- Mr James J Ethridge Jr (Vice Chairman; Chair Audit Comm) [Trustee/Director]
- Mr Daniel S Mcqueeney (Treasurer/Secretary) [Trustee/Director]
Official website here: www.citadel.edu/tcf
Where can I find the form 990 for The Citadel Foundation?
The The Citadel Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.citadel.edu/tcf
Learn more at the official website: www.citadel.edu/tcf
Mission Statement of The Citadel Foundation
The Citadel Foundation, a renowned nonprofit organization, is dedicated to raising funds for The Citadel. With contributions from alumni, friends, corporations, foundations, and other organizations, the Foundation provides crucial resources to the college. These funds enable The Citadel to award scholarships, recruit and retain outstanding students and professors, offer state-of-the-art technology and facilities, and enrich campus life through athletic and cultural activities.
The primary role of The Citadel Foundation is to support The Citadel's mission by collecting, managing, and allocating financial resources. This includes raising, receiving, stewarding, granting, investing, and reinvesting money and property. The Foundation utilizes these receipts to benefit The Citadel in various ways.
Academically, unrestricted gifts to The Citadel are essential for maintaining the college's academic excellence and financial stability. These gifts have an immediate and long-lasting impact on campus priorities and the most urgent needs. They enable The Citadel to enhance the classroom experience, support research initiatives, provide scholarships and financial aid resources, engage and retain talented faculty and staff, expand leadership and character development opportunities, and keep pace with technology advances.
Annual gifts also increase donor participation rates, which are factors influencing college rankings and funding decisions by potential corporate and foundation grant makers. Additional revenue sources are necessary to offset tuition increases and supplement state support. Unrestricted gifts to The Citadel contribute to the college's tradition of delivering an exceptional education in a disciplined environment, fostering deep bonds and lasting friendships, and instilling the confidence and ability to tackle challenges.
Impact
This information is meant to be a general summary of The Citadel Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Citadel Foundation's impact lies in its unwavering support of The Citadel, ensuring that the institution can continue to excel academically, financially, and in providing a disciplined environment for its students. Through the generous gifts from various sources, the Foundation is able to award scholarships, recruit and retain outstanding students and professors, provide state-of-the-art technology and facilities, and enrich campus life through athletic and cultural activities. This support allows The Citadel to maintain its academic excellence, enhance the classroom experience, provide scholarships and financial aid resources, engage talented faculty and staff, and expand leadership and character development opportunities. Additionally, the Foundation's efforts help increase donor participation rates, influencing college rankings and funding decisions, ultimately benefiting the entire Citadel community and ensuring a high-quality education for its students.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1961
Phone
(843) 953-6914
Principal Officer
Shannon Mease
Main Address
171 MOULTRIE STREET, CHARLESTON, SC, 29409
Website
www.citadel.edu/tcf
NTEE Category
Code: B110 - Education
If you are a representative of The Citadel Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.