The Citadel Foundation logo

The Citadel Foundation

MIAMI, FL EIN: 36-4482467 Website

The Citadel Foundation is a private grantmaking foundation based in Miami, Florida. Established in 2001 in Illinois and founded by Kenneth C. Griffin, founder and CEO of Citadel LLC, the foundation operates as a 501(c)(3) organization and has been tax-exempt since January 2002.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.4M

+140.0% YoY

Grant Count

66

+266.7% YoY

Avg Grant Size

$36K

-34.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

  • Arts
  • Education
  • Children and youth services
  • Social services

Grantmaking

No specific application procedures are detailed in available sources.

Grant Range

$241

Average Grant

$241

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. states and cities, including:

  • States: Arizona, California, Florida, Georgia, Illinois, Massachusetts, New York, Tennessee, and Virginia
  • Cities: New York, Chicago, San Francisco, Ithaca, Coral Gables, and other locations

Grant Distribution by State

20states
+12 more states

Cities

ARLINGTONATLANTAAUSTINBEAVERTONBERKELEY HEIGHTSBETHESDABLUEMONTBOSTONBRONXBROOKLYNCARBONDALECARMELCHARLOTTESVILLECHICAGOCLEVELANDCOLORADO SPRINGSCORAL GABLESCOSTA MESADURHAMELMSFORD

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets (2023) $6,006
Total Assets (2024) $1,362
Revenue (2023) $945,000
Expenses (2023) $990,290
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$594K$1M$2M$2M7 grants20209 grants202118 grants202218 grants202366 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LINCOLN CENTER FOR THE P…$141KGEORGIA STATE UNIVERSITY$100KMIAMI COUNTRY DAY SCHOOL…$100KCONVENT OF THE SACRED HE…$85KPINE CREST PREPARATORY S…$85KBAY RIDGE PREPARATORY SC…$50KBOYS HOPE GIRLS HOPE OF …$50KBREAKTHROUGH MIAMI INC$50KMIAMI CITY BALLET INC$50KTHE MOUNT SINAI CHILDREN…$50K

Grant Size Distribution

102 grants across all recorded years

65<$50K17$50–100K17$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lincoln Center for the Performing Arts Inc ($141,000), Georgia State University ($100,000), Miami Country Day School Inc ($100,000).

RecipientPurposeAmount
ST JUDE CHILDREN'S RESEARCH HOSPITAL INC MEMPHIS, TNUNRESTRICTED$5,000
AMERICAN HISTORY UNBOUND INC RINGWOOD, NJUNRESTRICTED$15,000
ANIMAL HAVEN INC NEW YORK, NYUNRESTRICTED$10,000
NY POLICE AND FIRE WIDOWS' & CHILDREN'S BENEFIT FUND INC NEW YORK, NYUNRESTRICTED$2,500
ASSOCIATION OF GRADUATES OF THE UNITED STATES MILITARY ACADEMY WEST POINT, NYUNRESTRICTED$1,000
BAPTIST HEALTH SOUTH FLORIDA FOUNDATION INC CORAL GABLES, FLUNRESTRICTED$15,000
BAY RIDGE PREPARATORY SCHOOL BROOKLYN, NYUNRESTRICTED$50,000
BIG APPLE PERFORMING ARTS INC NEW YORK, NYUNRESTRICTED$3,000
BOULDER CREST FOUNDATION BLUEMONT, VAUNRESTRICTED$2,500
BOYS HOPE GIRLS HOPE OF NY INC BROOKLYN, NYUNRESTRICTED$50,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Kenneth C. Griffin – President and Director (founder)
  • Gerald Beeson – Director
  • Shawn Fagan – Secretary
  • Robert Russo – Treasurer and Director

None of the key personnel receive compensation for their roles.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KENNETH C GRIFFINPRESIDENT & DIRECTOR
GERALD BEESONDIRECTOR
SHAWN FAGANSECRETARY
ROBERT RUSSOTREASURER & DIRECTOR

Contact Information

Address: 830 Brickell Plaza, Floor 15 Miami, FL 33131-2904

Phone: 305-929-6851

EIN: 36-4482467

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Citadel Foundation fund?

The foundation's giving priorities include: • Arts • Education • Children and youth services • Social services

How do I apply for a grant from The Citadel Foundation?

**Grant Activity:** • Total giving in 2023: $945,000 • Total giving in 2024: $2,376,714 • Typical award range: $1,000–$510,000 • Average grant size: $241 • Total grants awarded (previous year): 4,066 • The foundation is open to new applicants, with approximately 12% of new applicants funded **Application Process:** No specific application procedures are detailed in available sources.

Where does The Citadel Foundation make grants?

The foundation supports organizations across multiple U.S. states and cities, including: • **States:** Arizona, California, Florida, Georgia, Illinois, Massachusetts, New York, Tennessee, and Virginia • **Cities:** New York, Chicago, San Francisco, Ithaca, Coral Gables, and other locations

What size grants does The Citadel Foundation award?

In 2024, The Citadel Foundation awarded 66 grants totaling $2.4M — an average of about $36K per grant, based on its IRS Form 990 filings.

What is The Citadel Foundation's EIN?

The Citadel Foundation's EIN (Employer Identification Number) is 36-4482467. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Citadel Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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