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Citadel Foundation

Public charity
Other · CHARLESTON, SC · EIN 57-6020493

About

The purpose of the citadel foundation shall be exclusively to support the mission of the citadel by raising, receiving, stewarding, granting, investing, and reinvesting money and property, and using the receipts therefrom for the benefit of the citadel.

Donations are tax-deductible
Category
Other
Employees
43
Volunteers
360

Financial Snapshot

FY ending 2024-12-31
Revenue
$37.9M
Expenses
$35.6M
Assets
$332.3M
Liabilities
$23.5M

Financial history

$52.2M$26.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $37.9M · Peak FY2017: $52.2M · Avg: $31.7M

Foreign activity (Schedule F)

Total spent abroad$278.5M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
VIA PASS THROUGH ENTITY THE RICHMOND FUND LP

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$233K
Grants Given
$2.3M
CITADEL FOUNDATION
Your actions

Address

171 Moultrie ST
Charleston, SC, 29409-000

Governance

Voting board members31
Independent members31
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %5.0%
Permanent endowment %58.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.