EIN 23-1352635

Franklin and Marshall College

IRS 501(c) type
501(c)(3)
Num. employees
2,158
Year formed
1787
Most recent tax filings
2022-06-01
Description
Residential liberal arts college in Lancaster, PA with 60 fields of study and a focus on inspiring a love for learning.
Total revenues
$196,116,735
2022
Total expenses
$189,880,020
2022
Total assets
$830,931,551
2022
Num. employees
2,158
2022

Program areas at Franklin and Marshall College

Instruction: the College grants bachelor of arts degrees in 60 fields of study, with a full-time equivalent undergraduate enrollment of 1,986 during the 2022 academic year. The College offers an integrated learning environment where students engage the values of the liberal arts - both through the curriculum and in their lives outside the formal classroom. Our current student to faculty ratio is 9 students to every 1 faculty member, with an average class size of 18 students.
Student services: the College offers a variety of activities and experiences to complement the academic pursuits of our students. The office of student engagement & leadership offers students the opportunity to participate in diplomatic congress, club council, the College entertainment committee, and/or any of over 100 student clubs. Students may also participate in over 27 varsity, 5 intramural, and numerous club sports teams. The College's greek life and College house system promote a sense of community among all students.
Financial aid: the College's strategic plan includes a commitment to meet 100% of every student's institutionally determined need for all four years of their education. To that end, the College provides financial aid to 64.8% of our students, allowing us to recruit extraordinary talent from all backgrounds. The class of 2026 enrolled 488 students. They boast an average sat score of 1325 and an average act score of 30.
Auxiliary operations: academic support, research, public service, and institutional support.

Grants made by Franklin and Marshall College

GranteeGrant descriptionAmount
Lancaster City AllianceLancaster City Edp$120,000
Lancaster General Health Penn Medicine (LGH)General Support$12,500
Fulton Theatre CompanyStage Productions$7,500
...and 1 more grant made

Who funds Franklin and Marshall College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Richard King Mellon FoundationFor Region-Wide Mapping, Research, and Outreach Tools To Improve Stream Habitat and Water Quality, To Reduce Flooding, and Enhance Restoration Activities in Local Streams and the Chesapeake Bay$1,250,000
Richard King Mellon FoundationFor Region-Wide Mapping, Research, and Outreach Tools To Improve Stream Habitat and Water Quality, To Reduce Flooding, and Enhance Restoration Activities in Local Streams and the Chesapeake Bay$1,250,000
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$1,000,000
...and 102 more grants received totalling $7,619,531
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$8,736,558
Department of EducationCOVID-19 EDUCATION STABILIZATION FUND$2,167,285
Department of EducationFEDERAL PELL GRANT PROGRAM$2,059,439
...and 21 more federal grants / contracts

Personnel at Franklin and Marshall College

NameTitleCompensation
Carrie E. RamppVice President and Chief Information Officer Information Technology Services$204,008
Michael J ToddVice President for Finance and Administ. / Vice President for Finance and Administration Finance and Administration / Treasurer / Vice President for Finance and Administration / Vice President for Finance and Admin.$320,659
Barbara S. StambaughVice President for Communications Office of Communications$208,701
Cynthia GormanVice President for College Advancement College Advancement$204,589
Alan S. CanigliaVice President for Strategic Initiatives Office of the Vice President for Planning$194,162
...and 14 more key personnel

Financials for Franklin and Marshall College

RevenuesFYE 06/2022
Total grants, contributions, etc.$24,465,708
Program services$157,714,592
Investment income and dividends$871,939
Tax-exempt bond proceeds$0
Royalty revenue$19,392
Net rental income$409,324
Net gain from sale of non-inventory assets$10,106,786
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,528,994
Total revenues$196,116,735

Form 990s for Franklin and Marshall College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-26990View PDF
2019-062020-12-16990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Franklin and Marshall College

OrganizationLocationRevenue
Dickinson CollegeCarlisle, PA$245,578,818
Mitchell Hamline School of LawSaint Paul, MN$58,714,726
Colgate UniversityHamilton, NY$411,729,686
Willamette UniversitySalem, OR$131,114,519
Kenyon CollegeGambier, OH$254,673,083
Bucknell UniversityLewisburg, PA$288,902,813
St. Olaf CollegeNorthfield, MN$293,547,623
Norwich UniversityNorthfield, VT$203,934,578
Coe College (COE)Cedar Rapids, IA$91,175,984
Lafayette CollegeEaston, PA$266,381,429
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 3, 2023
Updated personnel
Identified 3 new personnel
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 12, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Operates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
PO Box 3003
Lancaster, PA 17604
Metro area
Lancaster, PA
County
Lancaster County, PA
Website URL
fandm.edu/ 
Phone
(717) 358-3925
Facebook page
fandm 
Twitter profile
@fandmcollege 
IRS details
EIN
23-1352635
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1787
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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