The Citadel Foundation

The Citadel Foundation is a charitable organization that manages an endowment based in Citadel, South Carolina. Established in 1961, the primary purpose of the foundation is providing financial assistance and support exclusively for The Citadel. The organization was initially tasked with raising money exclusively for educational purposes through the academic endowment fund. The Citadel Foundation's endowment provides funds each year for an academic enhancement grant to The Citadel. The assets are managed by an executive management team.The Citadel Foundation's investment portfolio is valued at $197.03 million, with investments in domestic and international equity, hedge fund, real assets, real estate, private equity, and cash.