STAND FOREVER ATHLETIC ENDOWMENT

ABOUT THE STAND FOREVER ATHLETIC ENDOWMENT

In 2021, the decision was made to change the name of the athletic endowment from the Memorial Fund to the Stand Forever Athletic Endowment. This decision was made to clearly define the depth and meaning of the impact you make when choosing to endow a scholarship for a Citadel cadet-athlete. Because the principal of your gift remains intact, with the proceeds providing an ongoing source of support, your endowment lives on forever, supporting the Bulldogs for generations to come and embodying the words from our Alma Mater, “Stand forever, yielding never.”

Establishing an endowed scholarship provides a permanent stream of financial support that directly benefits cadet-athletes and creates a legacy that will support The Citadel Athletics now and in perpetuity. Endowed scholarships may be established with a minimum gift or pledge of $25,000 through a single gift or through installments paid over a period of time mutually agreed upon by the donor and TCBF.

HOW AN ENDOWMENT WORKS:

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Athletic Scholarship Benchmarks:

  • > WHAT IS THE ATHLETIC SCHOLARSHIP ENDOWMENT?

    While all gifts are welcome and appreciated, the Stand Forever Athletic Endowment allows donors to have a lasting impact on The Citadel Athletics. These gifts directly benefit cadet-athletes and create a legacy that will support The Citadel Athletics now and in perpetuity.

    The program is aimed to help fund cadet-athlete scholarships. Endowments are invested funds that annually support cadet-athletes scholarships.

    As annual fund gifts from donors that help scholarship costs can fluctuate from year to year, establishing endowed scholarships are one of the department’s highest priorities. Individuals who choose to make endowment gifts are helping sustain the continued excellence of Citadel Athletics.

    To meet the annual scholarship needs for The Citadel cadet-athletes, annual fund gifts are combined with the spendable income from endowed funds.

  • > ATHLETIC SCHOLARSHIP GIFT BENCHMARKS

    Endowed scholarships may be established with a minimum gift or pledge of at least $25,000 through a single gift or through installments pledged over a period of time mutually agreed upon by the donor and The Citadel Brigadier Foundation (usually five years).

    Donors also have the opportunity to continue to fund their endowed scholarship after the original commitment is fulfilled as the income available for scholarships will increase with the value of the endowment.

  • > ATHLETIC SCHOLARSHIP TYPES & THE DONOR BENEFITS

    $25,000+ Partial Scholarship:

    • Provides a named endowed partial scholarship for a cadet-athlete.
    • Endowed funds at this benchmark support a minimal portion of tuition for a cadet-athlete.
    • Cadet-athlete recipients may be shared.

    $500,000+ Fully Endowed Scholarship:

    • Provides a named endowed scholarship for a cadet-athlete.
    • Endowed funds at this benchmark support the full cost of a cadet-athletes scholarship, which includes tuition, room, board and books, cost of attendance.
    • Individual cadet-athlete recipient.

How you can make an endowment gift:

There are many ways to establish an endowment, and the arrangements for every gift can be personalized to fit your specific needs. Gifts of cash and securities are traditional forms of support; however, planned gifts including bequests, charitable gift annuities and charitable remainder trusts may allow you to make significant contributions that may not otherwise be possible during your lifetime. All endowment gifts are 100% tax deductible.

Background

HOW AN ENDOWMENT WORKS

The Citadel Brigadiers Foundation how it works graph

JOIN THE CITADEL BRIGADIER FOUNDATION!

Membership in The Citadel Brigadier Foundation is open to alumni and friends of The Citadel who are interested in supporting Bulldog athletics. By joining, you provide annual charitable contributions that fund scholarships for cadet-athletes.

BECOME A MEMBER NOW