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Filing year 2024

THE CITADEL FOUNDATION

Charleston, South Carolina·EIN 57-6020493·NTEE B110 · Education·501(c)(3)
Total revenue
$37.9M
Total assets
$332.3M
Total expenses
$35.6M
Reported officers
45
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President and CEO
Above 90th percentilevs Education peers in South Carolina
$610k
$647k
Base
$439k
Bonus
$83k
Other
Benefits
$49k
Coo/cfo
Officer (Unspecified)
$446k
$473k
Base
$303k
Bonus
$61k
Other
Benefits
$33k
VP Legacy, Annual & Reunion Giving
Board Vice President
75th to 90th percentile
$329k
$349k
Base
$227k
Bonus
$31k
Other
Benefits
$36k
VP Athletic Development
Board Vice President
75th to 90th percentile
$266k
$282k
Base
$201k
Bonus
$29k
Other
Benefits
$6k
Assoc. Vp, Principal Giving
Board Vice President
Median to 75th percentile
$240k
$255k
Base
$148k
Bonus
$22k
Other
Benefits
$46k
Assoc. VP for Major Gifts
Board Vice President
Median to 75th percentile
$224k
$238k
Base
$136k
Bonus
$20k
Other
Benefits
$46k
Controller
75th to 90th percentile
$215k
$228k
Base
$162k
Bonus
$24k
Other
Benefits
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 38 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE CITADEL FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $587k in 2023 to $610k in 2024.

$587k
2023
$610k
2024
In today's dollarsEst.
Up 1% in real terms$641k to $647k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 13%.

$587k in 2023 to $610k in 2024.
  • Board Vice President pay rose 10% from 2023 to 2024.
  • Controller pay fell 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE CITADEL FOUNDATION

What does the Chief Executive Officer of THE CITADEL FOUNDATION earn?

In 2024, the Chief Executive Officer of THE CITADEL FOUNDATION received $609,937 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in South Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE CITADEL FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in South Carolina, the 2024 pay of the Chief Executive Officer at THE CITADEL FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE CITADEL FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are THE CITADEL FOUNDATION's revenue and expenses?

In 2024, THE CITADEL FOUNDATION reported $37.9M in total revenue and $35.6M in total expenses on its IRS Form 990.

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