MISSION
To secure, manage, and steward philanthropic support for The Citadel.

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.

Donations to The Citadel Foundation go to a variety of programs including academic scholarships, faculty support, athletic facilities, individual academic schools, program funds, and vital expenses not covered by tuition or fees. Gifts to The Citadel Fund, the unrestricted fund that supports the college's ongoing operating expenses, totalled over $1,176,000 in 2004.

Currently, the corpus of The Citadel Foundation's endowment stands at over $135,500,000. For the academic year 2005-2006, The Citadel Foundation has awarded an academic enhancement grant of approximately $3,300,000 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: