Gay Krause, established the Krause Foundation in 1995 with the mission to provide grants to organizations creating systemic change in education or youth development. More Guys, published by rochester2 5 years ago 86,946 138 / 4, share start from current time. Read more, bill and Gay Krause pledge 9 million to The Citadel: Bill Krause, '63, talks about his three key motivations for giving back to The Citadel: One of The Citadels key strategic goals is to achieve greater student and faculty diversity in order. Krause currently serves as a Senior Advisor to The Carlyle Group and as a Board Partner with Andreessen Horowitz. Krause was elected to serve as Chairman of the American Electronics Association in 1989. Krause was Chairman of the Citadel Foundation and he currently serves as a member of the board of directors of theThe Citadel Foundation. Krause currently serves as a director of Brocade Communications Systems, Inc., a networking solutions and services company, Coherent, Inc., a leading supplier of Photonic-based systems and CommScope Holding Company, Inc., a networking infrastructure company.