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
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
States
Cities
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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH C GRIFFIN | PRESIDENT & DIRECTOR | — | — |
| GERALD BEESON | DIRECTOR | — | — |
| SHAWN FAGAN | SECRETARY | — | — |
| ROBERT RUSSO | TREASURER & 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
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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