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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education The Citadel Foundation

The Citadel Foundation

Fiscal year ending 2024. Filed on November 13, 2025.

171 Moultrie Street
Charleston, South Carolina 29409

The Citadel Foundation (EIN: 57-6020493) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Citadel Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 43 total employees. Among the employees shown here, the average compensation is $332,831. The highest compensated employee at The Citadel Foundation is Jay P Dowd III with fiscal year 2024 compensation of $609,937.

Revenue, expenses, and employee compensation

Revenue

$37,924,388

Expenses

$35,560,054

Employee compensation

$7,319,560
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jay P Dowd III
President and Chief Executive Officer
$609,937
$522,355 No related comp$87,582
Shannon N Mease
Chief Financial Officer and Chief Operating Officer
$445,870
$363,338 No related comp$82,532
Jonathan Kresken
Vice President Legacy, Annual and Reunion Giving
$329,113
$257,933 No related comp$71,180
Gaylord Greene
Vice President Athletic Development
$265,942
$229,863 No related comp$36,079
Ashley Santos
Assoc. Vice President, Principal Giving
$240,359
$170,294 No related comp$70,065
Robert Stephenson
Assoc. Vice President for Major Gifts
$224,087
$155,989 No related comp$68,098
Jodi Collins
Controller
$214,507
$185,885 No related comp$28,622

Benchmark Employee Compensation

Non-Employee Board Members

Col Alvin A Perkins Usa Ret
Board Member
Col F G Delleney Jr
Board Member
Col Thomas L Hendricksusaf Ret
Audit Committee Chair
Dr Christopher C Swain
Board Member
Dr Louis E Costa II
Board Member
Gen Glenn M Walters Usmc Ret
Board Member
Lt Col William R Cullbreath Jr Us
Board Member
Mr A Foster McKissick III
Board Member
Mr Anderson D Warlick
Emeritus
Mr Brett S Miller-Beg 0424
Board Member
Mr Charles B Coe
Board Member
Mr Charles B Lawless
Investment Committee Chair

Contractors

Save the Sea Islands LLC
Dredging
$300,000
The Citadel Alumni Association
Rent
$203,511
Holland & Knight
Advocacy Support
$165,000
Elliott Davis LLC
Accounting
$149,840

Mission Statement

THE CITADEL FOUNDATION IS A NONPROFIT ORGANIZATION CREATED TO RAISE FUNDS FOR THE CITADEL. GIFTS FROM ALUMNI AND FRIENDS, CORPORATIONS, FOUNDATIONS, 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.

Other organizations also named The Citadel Foundation

The Citadel Foundation
Miami, Florida

Revisions to this organization profile

November 13, 2025:
2024 The Citadel Foundation 990 filed
November 7, 2024:
2023 The Citadel Foundation 990 filed
November 8, 2023:
2022 The Citadel Foundation 990 filed

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