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Citadel Group Foundation EIN 36-4482467

Citadel Group Foundation

EIN  36-4482467 Private foundation / grantmaker Miami, FL
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Size
$1–10M
What they do
A private foundation based in Miami, FL. It reported about $7.3M in revenue for 2025.
Leadership
Kenneth C Griffin · President & Director
Money in and out
$7.3M revenue, $7.2M expenses
Bottom line
—

A private foundation based in Miami, FL. It reported about $7.3M in revenue for 2025. For fiscal year 2025 it reported $7.3M in revenue, $7.2M in expenses, and $53K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$7.3M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$53K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Total assets
53K
deployed as grants and operations
Grants paid
7.2M
in FY2025
Grants made
103grants
total in period
Payout rate
13665%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 103 grants · $7.2M · 2025–2025
Charities Aid Foundation AmericaFY2025$4,500,000
Thrive ScholarsFY2025$265,000
Palmer Trinity Private School INCFY2025$110,000
Miami Country Day School INCFY2025$105,800
The Cushman SchoolFY2025$105,000
The Miami Foundation INCFY2025$102,705
Georgia State UniversityFY2025$100,000
Convent of the Sacred HeartFY2025$100,000
St Philip's Episcopal ChurchFY2025$90,000
Pine Crest Preparatory SchoolFY2025$90,000
Belen Jesuit Preparatory School INCFY2025$55,000
University of Virginia FoundationFY2025$50,000
The Cleveland Clinic FoundationFY2025$50,000
State University of Iowa FoundationFY2025$50,000
Squashbridge INCFY2025$50,000
Robin Hood FoundationFY2025$50,000
Make-A-Wish Foundation of Connecticut INCFY2025$50,000
Group for the East End INCFY2025$50,000
See all 103 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$70K
Median grantPart XV$15K
Largest grantPart XV$4.5M

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$7.3M
FY2025▲ +206%
Expenses
$7.2M
FY2025▲ +204%
Total assets
$53K
FY2025▲ ×39
Total liabilities
$0
FY2025
Total revenue
$7.3M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$53K
Pt X · Ln 32
Total assetsPt II$53K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCitadel Group Foundation
EINHdr · item D36-4482467
Principal addressHdr · item CMiami, FL
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFJan 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Kenneth C Griffin
President & Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Shawn Fagan
Secretary & Director
$0Pt VII · Sec A
Robert Russo
Treasurer
$0Pt VII · Sec A
See Citadel Group Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$7.2M · 99%
Other revenue$57K · 1%
Contributions & grants99%$7.2M
Other revenue1%$57K
Total revenueLn 12$7.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $1.00 Operating & administrative $0.00
Grants & contributions paid100%$7.2M
Operating & administrative$20K
Total functional expensesLn 25$7.2M

Balance Sheet

Part X · end of year
CashLn 1$53K
Total assetsLn 16$53K
Total liabilitiesLn 26$0
Total net assetsLn 32$53K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $53K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $7.3M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $7.3M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $7.3M · Prior year $2.4M
+206%
Revenue CAGR
FY2020 $450K · FY2025 $7.3M
+74%
Net-asset trend (YoY)
End of year $53K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.3M · Expenses $7.2M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $53K
—
Net-asset ratio
Net assets $53K · Total assets $53K
100%
People & payroll
Highest Reported Total Compensation
Individual Kenneth C Griffin · Reported title PRESIDENT & DIRECTOR · Highest reported compensation $0 · Total expenses $7.2M
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 206%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$7.3M revenue · viewing · ⤓ 990 PDF
FY2024$2.4M revenue · ⤓ 990 PDF
FY2023$945K revenue · ⤓ 990 PDF
FY2022$2.0M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$450K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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