CITADEL FOUNDATION
171 MOULTRIE STREET, CHARLESTON, SC 29409 www.citadel.edu

Total Revenue
$24,353,306
Total Expenses
$26,896,499
Net Assets
$231,844,050

Organizations Filed Purposes: THE CITADEL FOUNDATION'S MISSION IS TO SECURE, MANAGE, AND STEWARD PHILANTHROPIC SUPPORT FOR THE CITADEL.

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.

ACADEMIC SUPPORT GIFTS 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:1. ENHANCE THE CLASSROOM EXPERIENCE AND LIBRARY RESOURCES 2. SUPPORT CADET RESEARCH AND TRAVEL INITIATIVES 3. PROVIDE SCHOLARSHIPS AND FINANCIAL AID RESOURCES 4. ENGAGE AND RETAIN THE MOST TALENTED FACULTY AND STAFF 5. EXPAND LEADERSHIP AND CHARACTER DEVELOPMENT OPPORTUNITIES 6. 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.

SCHOLARSHIPS - SCHOLARSHIPS ALLOW THE CITADEL TO ATTRACT AND RETAIN PROMISING CADETS AND STUDENTS. APPROXIMATELY 60% OF THE CITADEL'S 2,300-MEMBER CORPS OF CADETS RECEIVE INSTITUTIONALLY PROVIDED, DONOR-FUNDED SCHOLARSHIP SUPPORT. THE CITADEL'S OFFICE OF FINANCIAL AID AND SCHOLARSHIPS AWARDS APPROXIMATELY $8 MILLION IN SCHOLARSHIPS FROM ENDOWMENTS HELD AT THE CITADEL'S AFFILIATED FOUNDATIONS. SCHOLARSHIP AWARDS RANGE FROM FULL-TUITION, MERIT-BASED AWARDS TO NEED-BASED FINANCIAL AWARDS THAT SUPPORT DEDICATED CADETS WHO SIMPLY NEED HELP TO COMPLETE THEIR CITADEL EDUCATION. MOST SCHOLARSHIPS AWARDED BY THE CITADEL ARE RENEWABLE FROM ONE YEAR TO THE NEXT, PROVIDING THAT THE CADET RECIPIENT REMAINS IN GOOD STANDING AND CONTINUES TO MEET THE ELIGIBILITY CRITERIA FOR THE AWARD. THANKS TO THE GENEROSITY OF ALUMNI AND FRIENDS OF THE COLLEGE, NEARLY THREE-QUARTERS OF THE CORPS OF CADETS RECEIVES SOME DEGREE OF FINANCIAL ASSISTANCE TOWARD EARNING THEIR CITADEL DEGREE.

ENRICHMENT PROGRAMS - THE CITADEL HAS ESTABLISHED A VARIETY OF PROGRAMS TO SUPPORT THE COLLEGE'S MISSION TO EDUCATE AND PREPARE GRADUATES TO BECOME PRINCIPLED LEADERS IN ALL WALKS OF LIFE BY INSTILLING THE CORE VALUES OF THE CITADEL IN A CHALLENGING INTELLECTUAL ENVIRONMENT. THESE PROGRAMS ENHANCE THE COLLEGE'S ACADEMIC STANDING BY ENABLING CADETS AND CITADEL GRADUATE COLLEGE STUDENTS TO PARTICIPATE IN EXTERNAL LEADERSHIP OPPORTUNITIES AND CONFERENCES, AND BY HELPING TO PROMOTE THE CITADEL THROUGH ASSOCIATIONS WITH PEER INSTITUTIONS FOCUSED ON LEADERSHIP DEVELOPMENT. EXAMPLES OF PROGRAM INITIATIVES INCLUDE: 1. THE KRAUSE CENTER FOR LEADERSHIP AND ETHICS 2. CYBERCORPS SCHOLARSHIP FOR SERVICE PROGRAM3. SWAIN BOATING CENTER4. EMERGING TOPICS IN INTELLIGENCE AND SECURITY STUDIES LECTURE SERIES 5. ACADEMIC LAB AND FACILITY UPGRADES, SUCH AS NEW CONSTRUCTION OF BASTIN AND CAPERS HALLS AND RENOVATIONS TO BYRD AND DUCKETT HALLS

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John Paul Dowd IiiCEO40$357,034
Shannon MeaseCFO/COO40$205,788
Jonathan P KreskenVICE PRESIDENT/LEGACY, ANNUAL AND REUNION GIVING40$185,751
Gaylord GreeneVICE PRESIDENT/ATHLETIC DEVELOPMENT40$179,723
Gary HassenVICE PRESIDENT/DEVELOPMENT40$145,651
Frances W BramlettVICE PRESIDENT/DONOR RELATIONS40$131,007
Rob StephensonASSOCIATE VICE PRESIDENT/MAJOR GIFTS40$130,717
Mrs Tracy T HardawaySECRETARY-TREASURER2$0
Mr Stephen L DavisCHAIRMAN10$0
Mr Gerald V BaysdenVICE CHAIRMAN2$0
Mr James S WigfallMEMBER1$0
Col Edward C White Usaf RetMEMBER1$0
Mr Claudius E Watts IvCHAIR, INTERNAL FUNDING AND MOU NEGOTIATION COMM7.5$0
Mr Anderson D WarlickMEMBER1$0
Gen Glenn M Walters Ret UsmcMEMBER1$0
Dr Christopher C SwainMEMBER1$0
Mr Peter Sulick JrCHAIR, AUDIT COMMITTEE2$0
Ltg W Michael Steele Usa RetMEMBER1$0
Mr F Xavier StarkesMEMBER1$0
Dr Joseph M SalleyMEMBER1$0
Col Fred L Price JrMEMBER1$0
Col John A Olshefski Usa RetMEMBER1$0
Mr Mark A NashCHAIR, DEVELOPMENT COMMITTEE2$0
Dr John E MooreMEMBER1$0
Mr Daniel S McqueeneyMEMBER1$0
Mr A Foster Mckissick IiiMEMBER1$0
Mr Charles B LawlessMEMBER1$0
Mr L William KrauseCHAIR, INVESTMENT COMMITTEE2$0
Mr Luther C Kissam IvMEMBER1$0
Mr Joseph J KeenanCHAIR, REAL ESTATE COMMITTEE2$0
Mr W Henry JohnsonMEMBER1$0
Mrs M Russell HollidayMEMBER1$0
Mr Richard N GussoniCHAIR, GRANTS COMMITTEE2$0
Maj Tevan O Green Usaf RetMEMBER THROUGH 5/10/20191$0
Mr William W GaffneyMEMBER1$0
Mr John R DouglasMEMBER1$0
Mr Charles B CoeCHAIR, NOMINATIONS AD HOC COMMITTEE2$0
Mr Frank J Brand IiMEMBER1$0
Mr Richard BastinMEMBER1$0
Mr Tommy B BakerMEMBER1$0
Mr Paul C Aughtry IiiCHAIR, REAL ESTATE COMMITTEE ROLLED OFF 5-10-192$0

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