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Nonprofit · EIN 57-6028468

CITADEL BRIGADIER FOUNDATION INC

Tax-exempt · CHARLESTON, SC 29409

Financials

$4.5M$3.1M2023$6.7M$5M2024
Revenue Expenses · by fiscal year end
Financials of CITADEL BRIGADIER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,731,692$5,013,071$1,718,621$38,547,941$2,191,361$36,356,580
December 31, 2023990$4,466,435$3,074,154$1,392,281$33,416,454$132,953$33,283,501
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,970,006
Membership dues
$1,977,622
Program service revenue
$0
Investment income
$1,778,379
Net gain from sales of assets
$1,016,968
Net income from fundraising events
-$15,189
Other revenue
-$16,693

Expenses

Grants and similar amounts paid
$3,310,191
Compensation of officers, directors and key employees
$261,111
Other salaries and wages
$136,982
Salaries, compensation and benefits (total)
$530,050
Professional fundraising fees
$0
Accounting fees
$36,940
Occupancy
$17,261
Travel
$50,652
Program services (functional)
$3,563,399
Management and general (functional)
$875,726
Fundraising (functional)
$573,946

Balance sheet and other

Total assets, start of year
$33,416,454
Total assets, end of year
$38,547,941
Total liabilities, end of year
$2,191,361
Net assets, end of year
$36,356,580
Publicly traded securities
$34,340,295
Net assets without donor restrictions
$1,754,710
Net assets with donor restrictions
$34,601,870
Gross unrelated business income
-$641
Gross receipts
$14,092,705
Employees
5
Volunteers
18
Year formed
1957
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MR RUSSELL FRIERSONEXECUTIVE DIRECTOR
Officer
40$0$151,809$22,476
CATHERINE LEESENIOR DIRECTOR, TCBF
Highest-paid employee
40$109,301$0$31,023
MR K WAYNE WICKERPRESIDENT ELECT
Trustee or director, Officer
3$0$0$0
MR AUGUSTINE A OLALEREBOARD MEMBER
Trustee or director
1$0$0$0
MR DANIEL B CROSBYBOARD MEMBER
Trustee or director
1$0$0$0
MR THOMAS R YOUNG IVBOARD MEMBER
Trustee or director
1$0$0$0
MR TRAVIS R STEPHENSBOARD MEMBER
Trustee or director
1$0$0$0
MR JAMES H BROACH JR '97BOARD MEMBER BEG. JULY 2024
Trustee or director
1$0$0$0
LT COL R ALEXANDER WILKINS USMC'79BOARD MEMBER BEG. JULY 2024
Trustee or director
1$0$0$0
MR JAMES H JOHNSONBOARD MEMBER
Trustee or director
1$0$0$0
MS LAUREN FLEMING-MELTONBOARD MEMBER
Trustee or director
1$0$0$0
MR JACK R CUNNINGHAMBOARD MEMBER
Trustee or director
1$0$0$0
MR M ROSS ARMSTRONGBOARD MEMBER
Trustee or director
1$0$0$0
MS KATHLEEN D CARTLANDBOARD MEMBER
Trustee or director
1$0$0$0
MR MATTHEW V ROUGHGARDENBOARD MEMBER
Trustee or director
1$0$0$0
5 more people on this return
NameTitleHours / weekCompensation
MR JAMES L DAYBOARD MEMBER
Trustee or director
1$0
COL JULIAN G FRASIER IIIBOARD MEMBER
Trustee or director
1$0
LT COL WILLIAM R CULBREATH JRPRESIDENT BEG. APR 2024
Trustee or director, Officer
3$0
MR R SCOTT MCKENZIE JRTREASURER
Trustee or director, Officer
1$0
MR J RICHARD SANDERS JRPRESIDENT THRU APR 2024
Trustee or director, Officer
3$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MR RUSSELL FRIERSONEXECUTIVE DIRECTOR
Officer
40$0$144,089$18,298
CATHERINE LEESENIOR DIRECTOR, TCBF
Highest-paid employee
40$0$104,212$27,822
MR K WAYNE WICKERBOARD MEMBER
Trustee or director
3$0$0$0
AUGUSTINE GUS OLALEREBOARD MEMBER
Trustee or director
1$0$0$0
MR DANIEL B CROSBYBOARD MEMBER - BEG JULY 2023
Trustee or director
1$0$0$0
MR THOMAS R YOUNG IVBOARD MEMBER
Trustee or director
1$0$0$0
MR TRAVIS R STEPHENSBOARD MEMBER
Trustee or director
1$0$0$0
MR J TAYLOR POWELLBOARD MEMBER - THRU JULY 2023
Trustee or director
1$0$0$0
MR F RITCHIE MCQUEENEYBOARD MEMBER - THRU JULY 2023
Trustee or director
1$0$0$0
MR JAMES H JOHNSONBOARD MEMBER
Trustee or director
1$0$0$0
MS LAUREN FLEMING-MELTONBOARD MEMBER
Trustee or director
1$0$0$0
MR JACK R CUNNINGHAMBOARD MEMBER
Trustee or director
1$0$0$0
MR MICHAEL R ARMSTRONGBOARD MEMBER
Trustee or director
1$0$0$0
MS KATHLEEN D CARTLANDBOARD MEMBER - BEG JULY 2023
Trustee or director
1$0$0$0
MR MATTHEW V ROUGHGARDENBOARD MEMBER - THRU JULY 2023
Trustee or director
1$0$0$0
MR JAMES L DAYBOARD MEMBER
Trustee or director
1$0$0$0
COL JULIAN G FRASIER IIIBOARD MEMBER
Trustee or director
3$0$0$0
COL JOHN A OLSHEFSKIPAST PRESIDENT - THRU JULY 2023
Trustee or director, Officer
3$0$0$0
MR J RICHARD SANDERS JRPRESIDENT ELECT
Trustee or director, Officer
3$0$0$0
LT COL WILLIAM R CULBREATH JRPRESIDENT
Trustee or director, Officer
3$0$0$0
MR R SCOTT MCKENZIE JRTREASURER
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
171 MOULTRIE ST, CHARLESTON, SC 29409-0001
In care of
% STAN HURTEAU
Principal officer (990 for 2024)
MR RUSSELL FRIERSON, 171 MOULTRIE STREET, CHARLESTON, SC 29409
Signed the 990
MR RUSSELL FRIERSON, EXECUTIVE DIRECTOR
Phone
(843) 953-6796
Return prepared by
ELLIOTT DAVIS ADVISORY LLC

Mission

TO ADVANCE THE MISSION OF THE CITADEL BY GENERATING FINANCIAL SUPPORT THAT PROVIDES OPPORTUNITIES FOR CADET-ATHLETES TO SUCCEED IN THE CLASSROOM, ON THE FIELD, AND IN LIFE.

990 for the year ended December 31, 2024

Program accomplishments

  • SCHOLARSHIPS: CRITICAL TO THE ACADEMIC AND ATHLETIC SUCCESS OF CADET-ATHLETES AND TO THE BULLDOGS FIELDING COMPETITIVE TEAMS THROUGHOUT THE YEAR, THE FOUNDATION PROVIDED ITS LARGEST GRANT EVER FOR SCHOLARSHIPS TO THE CITADEL.
    Expenses $2,813,399 · grants $2,560,191
  • FACILITY IMPROVEMENTS: $600K WAS PROVIDED IN 2024 TO SUPPORT THE RENOVATION OF THE CITADEL BULLDOGS CLUBHOUSE AT JOE RILEY PARK. THIS TRANSFORMATIONAL PROJECT WILL ENSURE THAT THE HOME OF BULLDOG BASEBALL WILL BE THE #1 FACILITY IN THE SOUTHERN CONFERENCE.
    Expenses $600,000 · grants $600,000
  • PROGRAM NEEDS: IN 2024 THE FOUNDATION PROVIDED SIGNIFICANT FUNDING TO SUPPORT THE ENHANCMENT OF THE ATHLETIC NUTRITION PROGRAM.
    Expenses $150,000 · grants $150,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-6028468
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42I)
Assets (IRS master file)
$38,547,941
Income (IRS master file)
$14,092,705

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,731,692$5,013,071$38,547,941IRS
990-TDecember 2024–––IRS
990December 2023$4,466,435$3,074,154$33,416,454XML
990-TDecember 2023–––IRS
990December 2022$3,245,286$3,171,653$29,355,773IRS
990-TDecember 2022–––IRS
990December 2021$6,222,591$2,904,286$32,903,960IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-6028468).

Questions about CITADEL BRIGADIER FOUNDATION INC

What is the EIN of CITADEL BRIGADIER FOUNDATION INC?
The employer identification number (EIN) of CITADEL BRIGADIER FOUNDATION INC is 57-6028468.
Is CITADEL BRIGADIER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to CITADEL BRIGADIER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CITADEL BRIGADIER FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CITADEL BRIGADIER FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CITADEL BRIGADIER FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CITADEL BRIGADIER FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MR RUSSELL FRIERSON.
Who are the officers and directors of CITADEL BRIGADIER FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization.
How much revenue does CITADEL BRIGADIER FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,731,692, expenses of $5,013,071 and total assets of $38,547,941 at year end.

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