Overview
What is The Citadel Brigadier Foundation?
The Citadel Brigadier Foundation is a nonprofit organization, situated in Charleston, South Carolina, with a specific focus on supporting the academic and athletic endeavors of roughly 350 cadet-athletes at The Citadel. By fundraising for program needs, facility improvements, and scholarships, this organization plays a crucial role in enabling the Bulldogs to maintain competitive teams throughout the year. Established with the sole purpose of raising funds for athletic facilities, programs, and the needs of The Citadel Athletic Department, the foundation's ultimate goal is to bolster the chances of cadet-athletes to excel in their academic studies, sports, and personal growth. With a dedicated team of six employees, The Citadel Brigadier Foundation is committed to upholding and advancing the mission of The Citadel by generating financial support for its student-athletes.
Official website here: www.citadelbrigadierfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Citadel Brigadier Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored exceptionally well in all evaluated areas, indicating a commitment to transparency and effective financial management. The high score illustrates that the foundation prioritizes the responsible use of funds and maintains robust oversight mechanisms.
One of the foundation's key strengths is its governance structure, boasting a fully independent board with 17 members, which enhances decision-making integrity. The organization also scores highly for its financial health, with an impressive program expense ratio of 76.91%, ensuring that a significant portion of its funds directly supports its mission. Additionally, its low fundraising efficiency ratio of $0.08 suggests that the foundation is able to raise funds effectively while minimizing costs.
While the foundation demonstrates strong financial practices and accountability, the summary does not highlight any specific limitations or challenges faced by the organization. Overall, The Citadel Brigadier Foundation appears to be a well-managed nonprofit dedicated to fulfilling its objectives with integrity and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is The Citadel Brigadier Foundation legitimate?
The Citadel Brigadier Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Citadel Brigadier Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,877
For more financial information, click here
Official website here: www.citadelbrigadierfoundation.org
What is the mission statement of The Citadel Brigadier Foundation?
The Citadel Brigadier Foundation's primary purpose is to raise funds, which are then utilized for enhancing athletic facilities, supporting athletic programs, and providing scholarships for student-athletes. The organization's mission is to advance the mission of The Citadel by generating financial support, thereby providing opportunities for cadet-athletes to excel in their academic pursuits, on the field, and in their personal lives. The funds raised by the foundation are crucial in enhancing academic and athletic programs for approximately 350 cadet-athletes, enabling them to compete competitively throughout the year. This, in turn, offers each cadet-athlete on every team an opportunity to succeed in various aspects of their lives.
Official website here: www.citadelbrigadierfoundation.org
Who is the CEO of The Citadel Brigadier Foundation?
Mr Russell Frierson is the Board Member of The Citadel Brigadier Foundation.
Official website here: www.citadelbrigadierfoundation.org
What is the revenue of The Citadel Brigadier Foundation?
The Citadel Brigadier Foundation's revenue in 2022 was $3,245,286.
Official website here: www.citadelbrigadierfoundation.org
Who are the executives of The Citadel Brigadier Foundation and what are their salaries?
The average compensation at The Citadel Brigadier Foundation during 2022 was $54,646. There are 6 employees and 18 volunteers at The Citadel Brigadier Foundation.
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- Related: $132,502
- Other: $8,850
Official website here: www.citadelbrigadierfoundation.org
Where can I find the form 990 for The Citadel Brigadier Foundation?
The Citadel Brigadier Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.citadelbrigadierfoundation.org
Learn more at the official website: www.citadelbrigadierfoundation.org
Mission Statement of The Citadel Brigadier Foundation
The Citadel Brigadier Foundation is established with the primary objective of raising funds to support the Athletic Department at The Citadel. This nonprofit organization aims to advance the mission of The Citadel by generating financial resources that enable cadet-athletes to excel in their academic pursuits, athletic competitions, and personal development. The funds raised by The Citadel Brigadier Foundation are crucial in enhancing academic and athletic programs for approximately 350 cadet-athletes. This financial support is instrumental in enabling The Citadel to field competitive teams throughout the year, thereby providing each cadet-athlete on every team with an opportunity to succeed both in the classroom and on the field, ultimately shaping their lives positively.
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Impact
July, 2024
The impact of The Citadel Brigadier Foundation is significant in supporting approximately 350 cadet-athletes at The Citadel. By raising funds for athletic facilities, programs, and scholarships, the foundation plays a crucial role in ensuring that the Bulldogs can field competitive teams year-round. This support not only enhances academic and athletic programs but also provides cadet-athletes with the opportunity to succeed in all aspects of their lives - in the classroom, on the field, and beyond.
This information is meant to be a general summary of The Citadel Brigadier Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$392,098
- Gross Receipts: $13,912,585
Assets and Liabilities:
- Total Assets: $29,355,773
- Total Liabilities: $118,977
- Net Assets: $29,236,796
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Organization Details
Founding Year
1957
Phone
(843) 953-6796Principal Officer
Mr Russell Frierson
Main Address
171 MOULTRIE STREET, CHARLESTON, SC, 29409
NTEE Category
Code: B42I - Education
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