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The Citadel Foundation

Foundation · Grantmaker Miami, FL EIN: 36-4482467 Website

The Citadel Foundation is a private foundation based in Miami, Florida. Its 2025 filing reports grants to charitable organizations including schools, a university, and a philanthropic organization; the foundation states that it gives only to preselected charitable organizations.

Key facts about The Citadel Foundation

In short: The Citadel Foundation gave $7.2M across 103 grants in 2025 (avg $70K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
36-4482467
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$7,198,065
Grants made (2025)
103
Average grant
$69,884
Median grant
$15,000
Total assets
$52,677
Primary geography
Virginia (64% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$53K

+3767.6% YoY

Annual Giving

$7.2M

+202.9% YoY

Grant Count

103

+56.1% YoY

Avg Grant Size

$70K

+94.1% YoY

Under IRS private-foundation payout rules, The Citadel Foundation reported a distributable amount of $58K for 2025 — the minimum it must pay out in qualifying distributions.

How The Citadel Foundation gives

  • 36% of 2025 grantees were also funded in 2024. Method
  • Giving grew 224% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grantees illustrate the range of organizations it supports. CAF America describes its mission as connecting donors with charities to drive greater philanthropic giving. Thrive Scholars says it helps high-achieving students from under-resourced communities access opportunities at top colleges and in meaningful careers. Palmer Trinity School describes its work as providing a college-preparatory education grounded in character development, global citizenship, spiritual growth, and service. Miami Country Day School says its mission is to educate children from junior kindergarten through 12th grade.

Grantmaking

In filing year 2025, the foundation reported 103 grants totaling $7,198,065. Grant amounts ranged from $1,000 to $4,500,000, with a median of $15,000. The largest grant was $4,500,000 to CAF America for unrestricted use. Other large grants included $265,000 to Thrive Scholars, $110,000 to Palmer Trinity Private School, $105,800 to Miami Country Day School, and $102,705 to The Miami Foundation; each was listed as unrestricted.

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Geographic Focus

Where this funder awards grants

In 2025, recipients in Virginia received 64% of grant dollars, followed by recipients in Florida (11%), New York (10%), Massachusetts (5%), and Illinois (2%).

Grant Distribution by State

23states

Share of all 103 itemized 2025 grant dollars.

Cities

New YorkChicagoMiamiBrooklynBostonCoral GablesAtlantaCharlottesvilleMemphisSan FranciscoWashingtonNewarkArlingtonBerkeley HeightsBluemontBronxCarbondaleCarmelCosta MesaDurham

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M7 grants20209 grants202118 grants202218 grants202366 grants2024103 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Charities Aid Foundation America: $4.5MCharities Aid FoundationAmerica$4.5MThrive Scholars: $265KThrive Scholars$265KPalmer Trinity Private School Inc: $110KPalmer Trinity Private SchoolInc$110KMiami Country Day School Inc: $106KMiami Country Day School Inc$106KThe Cushman School: $105KThe Cushman School$105KThe Miami Foundation Inc: $103KThe Miami Foundation Inc$103KConvent of the Sacred Heart: $100KConvent of the Sacred Heart$100KGeorgia State University: $100KGeorgia State University$100KPine Crest Preparatory School: $90KPine Crest Preparatory School$90KSt Philip's Episcopal Church: $90KSt Philip's Episcopal Church$90K

Grant Size Distribution

214 grants across all recorded years

150<$50K34$50–100K24$100–250K3$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CHARITIES AID FOUNDATION AMERICA Alexandria, VAUNRESTRICTED$4,500,000
THRIVE SCHOLARS Boston, MAUNRESTRICTED$265,000
PALMER TRINITY PRIVATE SCHOOL INC Palmetto Bay, FLUNRESTRICTED$110,000
MIAMI COUNTRY DAY SCHOOL INC Miami, FLUNRESTRICTED$105,800
THE CUSHMAN SCHOOL Miami, FLUNRESTRICTED$105,000
THE MIAMI FOUNDATION INC Miami, FLUNRESTRICTED$102,705
CONVENT OF THE SACRED HEART New York, NYUNRESTRICTED$100,000
GEORGIA STATE UNIVERSITY Atlanta, GAUNRESTRICTED$100,000
PINE CREST PREPARATORY SCHOOL Fort Lauderdale, FLUNRESTRICTED$90,000
ST PHILIP'S EPISCOPAL CHURCH Coral Gables, FLUNRESTRICTED$90,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $52,677 $7,269,730 $7,218,415 $7,198,065
2024 $1,362 $2,373,093 $2,377,737 $2,376,714
2023 $6,006 $945,000 $990,290 $990,275
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M202020212022202320242025
Metric202520242023
Total Assets$52,677$1,362$6,006
Revenue$7,269,730$2,373,093$945,000
Expenses$7,218,415$2,377,737$990,290
Qualifying Distributions$7,218,415$2,376,864$990,290
Net Investment Income———
Distributable Amount$58,186$477$2,675

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 1, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Kenneth C. Griffin as president and director, Gerald Beeson as director, Shawn Fagan as secretary and director, and Robert Russo as treasurer.

The Citadel Foundation is led by Kenneth C. Griffin, President & Director on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kenneth C. Griffin

    President & Director

    On filings since 2020

    No compensation reported

  • Gerald Beeson

    Director

    On filings since 2020

    No compensation reported

  • Shawn Fagan

    Secretary & Director

    Director → Secretary, 2023

    Secretary → Secretary & Director, 2025

    On filings since 2020

    No compensation reported

  • Robert Russo

    Treasurer

    Treasurer & Director → Treasurer, 2025

    On filings since 2022

    No compensation reported

Former officers (3)
  • Former: Thomas Waller (2022) — Secretary
  • Former: Catherine Stickrod (2020–2021) — Treasurer & Director
  • Former: Molly McEvily (2020–2021) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 830 Brickell Plaza Floor 15 1500, Miami, FL 33131-2904
Phone: (305) 929-6851
Website: https://foundation.citadel.edu

Frequently asked questions about The Citadel Foundation

How much does The Citadel Foundation give each year?

The Citadel Foundation gave $7.2M across 103 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.4M across 66 grants.

What is The Citadel Foundation's typical grant size?

The Citadel Foundation's median grant in 2025 was $15,000, and its average grant was $69,884, across 103 grants on its 2025 IRS Form 990-PF.

Where does The Citadel Foundation give grants?

The Citadel Foundation gives mostly in Virginia: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (11%) and New York (10%). The most frequent recipient cities were New York, NY (25 grants), Miami, FL (11 grants), Chicago, IL (6 grants) and Brooklyn, NY (4 grants).

Does The Citadel Foundation give general operating support?

Yes: 100% of The Citadel Foundation's 2025 grants with a stated purpose (103 of 103) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Citadel Foundation's largest grantees?

The Citadel Foundation's largest 2025 grantees include Charities Aid Foundation America ($4,500,000), Thrive Scholars ($265,000) and Palmer Trinity Private School Inc ($110,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.

How large is The Citadel Foundation?

The Citadel Foundation reported $53K in total assets on its 2025 IRS Form 990-PF. It paid out $7.2M in qualifying distributions that year, against a required minimum of $58K (roughly 5% of its investment assets).

What does The Citadel Foundation fund?

No mission statement for the foundation is provided. Its 2025 grantees illustrate the range of organizations it supports. CAF America describes its mission as connecting donors with charities to drive greater philanthropic giving. Thrive Scholars says it helps high-achieving students from under-resourced communities access opportunities at top colleges and in meaningful careers. Palmer Trinity School describes its work as providing a college-preparatory education grounded in character developme…

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

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

Does The Citadel Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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