TCF Annual Report SSN letter - DOC

							                                    Citadel Fact Sheet—Spring 2012
Funding Facts
   • State funding is at less than 10% of The Citadel’s operating budget
   • With our FY12 $89 million expense budget, state appropriations only cover us for 48 days!
   • The Citadel’s endowment is $270 million. This combines the endowments of The Citadel Foundation, The
       Citadel Trust, The Citadel Brigadier Foundation, and The Citadel Alumni Association.
   • The Foundation’s operations are supported through income distributions from the Academic Endowment
       and a reimbursement from the college’s operational budget to fund annual giving expenses. Newly
       contributed dollars do not underwrite TCF’s annual operating budget or fundraising expenses.

General Rosa’s Priority Funding Areas
    If we were to run The Citadel like a business, our mission would be to generate a viable product. To
       achieve our mission, we need a place to produce it, we need to be flexible, and we need to be
       competitive and profitable to remain relevant in the marketplace. The following five fundraising priority
       areas align with this mission:
           o Product: Cadet Leadership Development (e.g., the E-Leadership Portfolio
           o Place: Citadel Facilities (e.g., deferred maintenance)
           o Flexible: Unrestricted donations (e.g., The Citadel Fund or Athletics Enhancement Fund)
           o Competitive: Athletics (e.g., supporting Athletic Scholarships)
           o Profitable: Blueprint funding opportunities (e.g., the Academic Support Center)

Facilities
    • Deferred Maintenance on campus is currently at $110 million and grows at $3.7 million annually
    • Median age of buildings: 53 years
           o APPA rating of The Citadel’s 73 buildings:
                  5 are in “Good” condition (7%)
                  3 are in “Fair” condition (4%)
                  65 are in “Poor” condition (89%)

Corps of Cadets
   • Improved retention percentage
   • 83% of students receive some sort of financial aid to attend The Citadel.
   • The Citadel has the highest 4-year graduation rate in South Carolina, at 63%. The second in the state is the
       College of Charleston at 54%.

Athletics
    • FY12 Athletics Budget is $10.2 million – Furman tops the SoCon with a $16.1 million budget
    • Athletics recruits close to 20% of the Corps and significantly increases its racial and gender diversity
    • Fall 2011 was the 7th straight semester in which the Corps Squad GPA was higher than or equal to the
        overall GPA of the Corps




The Citadel Foundation • 171 Moultrie Street • Charleston, SC 29409-6230 • 843.953.5297 • 800.233.1842 • Fax 843.953.7689 • http://foundation.citadel.edu
Participation Matters!
    • 30.25% of alumni gave back to The Citadel in 2011
    • 2011 Faculty and Staff Campaign participation results:
            o First concerted faculty/staff fundraising effort in several years
            o Staff giving rose from 15% to 32%
            o Faculty giving rose from 17% to 65%
            o Total raised: $112,788
    • The “Battle for Charleston” challenged young alumni from The Citadel and College of Charleston to
        participate in giving back. The Bulldogs kicked Cougar tail with 10.4% participation, while only 5% of CofC
        young alumni participated.
    • Gifts of any amount help to increase this participation rate, which in turn improves the college's position
        in national rankings and competition for grants from corporations and private foundations.
            o For example: The Citadel was awarded a grant from Walmart due to increased faculty and staff
                participation in 2011. The Citadel Foundation submitted a grant to the Walmart Associates Choice
                program for a $100,000 literacy program. The Citadel was chosen as one of the top three finalists
                for the grant and received $10,000 for unrestricted use. Although we did not receive the full
                grant, a big part of receiving the $10,000 was faculty and staff participation. Walmart staff from
                all over the state of South Carolina voted on this grant, so now Walmart employees know how
                loyal our faculty and staff are!
            o Similarly, corporations and foundations elect to contribute their scarce philanthropic resources to
                those institutions that are strongly supported by their alumni base. Their sentiment is, “Why
                should we invest in your college if your own alumni don’t?”

Ways to Give
    Cash
           o    Cash payments are accepted in full or can be broken down into monthly payments
                    Donors can set up an automatic monthly bank account draft or credit card draft
       Pledge
       Marketable Securities
            o Any gift of securities is counted at market value as of the date the gift is sent to The Citadel
                Foundation. The donor pays no capital gains tax on a gift of appreciated securities.
            o Please visit http://foundation.citadel.edu/stock for stock transfer instructions.
            o Important: Please notify Blythe Manuel, Gift Processing Coordinator, at (843) 953-6999 or
                blythe.manual@citadel.edu once you have ordered the stock transfer. When properly notified,
                we will be able to monitor the account to make sure the transfer is completed correctly, credited
                to you, and designated in accordance with your wishes.
       Real Estate
            o A gift of real estate has the same advantages as a gift of stock.

Planned Giving:         http://www.citadelgiftplanning.org/
     Planned Giving Vehicles:
           o Bequests – Charitable bequests have the potential to become the primary source of support for
                The Citadel. The class receives credit for the value of the bequest coming through the estate of
                the alumnus or spouse, allowing gifts to be made through the estate of the surviving spouse.
           o Retirement Assets – The donor can designate an agency, or agencies, to receive part or all of the
                balance of his or her retirement account. There are added tax benefits since such funds, as part
                of an estate, are subject to income tax as well as estate tax.
           o Life-Income Gifts – Through a charitable remainder trust or a gift annuity, the donor can make a
                substantial contribution to The Citadel while retaining an income for himself, his spouse, or other
                selected beneficiaries. The donor receives a tax deduction for a portion of the value of his
                donated assets, but the class receives full credit.
           o Life Insurance – The class receives credit for the face value of a donated policy (NOT including
                term insurance). If an entity of The Citadel is named as owner and beneficiary, the donor is
                 allowed a deduction for the premiums paid to keep the policy in force, as well as the cash
                 surrender value of the policy or the total premiums paid to date, whichever is less.
       Bill Yaeger, Assistant Vice President of Principal and Planned Gifts, is always happy to answer your
        questions regarding deferred giving! Please contact him at (843) 953-3842 or bill.yaeger@citadel.edu

2011 Highlights
    In August, The Citadel was ranked No. 1 among the top public universities in the South that offer a full
       range of undergraduate and master's degree programs according to the 2012 U.S. News & World Report
       Best Colleges rankings.
    The National College Learning Center Association (NCLCA) Board of Directors named the Academic
       Support Center a 2011 recipient of the Frank L. Christ Outstanding Learning Center Award for a four-year
       college or university. This award recognizes outstanding work done by college learning centers to foster
       student growth and development.
    On November 8, approximately 2,000 cadets—nearly the entire Corps—participated in the second annual
       Heroism Day, during which they performed volunteer community service activities throughout the
       Lowcountry. Some built houses with Habitat for Humanity; others spent the day mentoring and
       discussing heroes with elementary school students; still others marched across the Cooper River Bridge to
       honor our veterans. In all cases, the Corps celebrated service learning as a critical component of
       leadership.
    For the fifth year in a row, our freshmen class surpassed 700 students. At 734, it is the largest class in 34
       years, and its average GPA of 3.51 is the highest The Citadel has ever recorded.

Important Links

     The Citadel: http://www.citadel.edu

     The Citadel Foundation’s Website: http://foundation.citadel.edu

     Link to Give: http://foundation.citadel.edu/give

     TCF’s Alumni NetCommunity LogIn: http://foundation.citadel.edu/login

     Facebook: http://www.facebook.com/TheCitadelFoundation - Like us!