CITADEL REAL ESTATE FOUNDATION
171 MOULTRIE STREET, CHARLESTON, SC 29409

Total Revenue
$6,719,405
Total Expenses
$451,392
Net Assets
$8,488,150

Organizations Filed Purposes: TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CITADEL, AS WELL AS TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF THE CITADEL, BY PROVIDING SUPPORT AND ASSISTANCE TO THE CITADEL IN SUCH A MANNER AS DETERMINED BY THE CITADEL REAL ESTATE FOUNDATION'S BOARD OF DIRECTORS.

IN 2016, TCREF BEGAN THE ACQUISITION, CONSTRUCTION, FURNISHING, AND EQUIPPING OF THE NEW SCHOOL OF BUSINESS DESIGNATED AS BASTIN HALL FOR THE BENEFIT OF THE CITADEL. CONSTRUCTION SHOULD BE COMPLETE IN NOVEMBER OF 2020, WITH INSTRUCTION FROM BASTIN HALL TO BEGIN IN JANUARY 2021.

IN 2018, TCREF ACQUIRED 169 MOULTRIE STREET TO BE USED AS OVERNIGHT ACCOMMODATIONS FOR DISTINGUISHED GUESTS OF THE CITADEL AS WELL AS EVENT SPACE. DURING 2019, TCREF BEGAN INITIAL STAGES OF RENOVATION WHICH TOOK PLACE DURING 2020. THE SPACE SHOULD BE AVAILABLE FOR USE BEGINNING IN 2021.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Jeff KiddEXECUTIVE DIRECTOR40$163,461
Gen Glenn M WaltersBOARD MEMBER, EX-OFFICIO1$0
Charles I SmallBOARD MEMBER1$0
Col Fred L Price JrBOARD MEMBER, EX-OFFICIO1$0
Joseph J Jay KennanBOARD MEMBER1$0
Stephen L DavisBOARD MEMBER, EX-OFFICIO1$0
Lonnie N CarterBOARD MEMBER1$0
James C Blakely JrBOARD MEMBER1$0
Paul C Aughtry IiiSECRETARY - TREASURER1$0
Cladius E Watts IvVICE CHAIRMAN1$0
John C L DarbyCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013109349302541_public.xml