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“Build a preeminent Foundation at The Citadel
for tomorrow’s principled leaders.”
The Citadel Foundation, a 501(c)3 charitable organization, was established with the primary purpose of providing financial assistance and support exclusively for The Citadel. Founded in 1961 as The Citadel Development Foundation, the organization was initially tasked with raising money exclusively for educational purposes through the academic endowment fund.
The Citadel Foundation, as it is known today, emerged from
a campus-wide consolidation of fundraising entities in 2000, and is now
responsible for raising funds for all purposes except athletic scholarships,
which remains primarily under the purview of The
Citadel Brigadier Foundation.
Currently, the corpus of The Citadel Foundation's endowment stands at over $135,500,000. For the 2009-2010 academic year, The Citadel Foundation has approved an academic enhancement grant of approximately $4,782,000 to The Citadel. This grant will significantly enhance the college's ability to achieve excellence in the education of principled leaders by supporting the following program areas and objectives: