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Franklin & Marshall College

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231352635 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

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Overview

What is Franklin & Marshall College?

Franklin & Marshall College is a residential institution of higher learning in Lancaster, Pennsylvania, with a commitment to excelling in undergraduate liberal arts education. The college grants bachelor's degrees in 60 fields of study and had an undergraduate enrollment of 1,986 students in the 2022 academic year. With a student-to-faculty ratio of 9:1 and an average class size of 18 students, Franklin & Marshall College offers an engaging learning environment that goes beyond the curriculum. Its mission is to stimulate intellectual curiosity, teach critical thinking skills, and instill the capacity for independent and collaborative action in students from diverse backgrounds. The college aims to inspire a lifelong love for learning and help students explore the natural, social, and cultural worlds around them, fostering qualities of intellect, creativity, and character. The total workforce of the college comprises 2,158 individuals.


Official website here: www.fandm.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Franklin & Marshall College has achieved a remarkable 96% rating on Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates a commitment to transparency and responsible financial management, essential traits for building trust with donors and stakeholders. The college's rating is based entirely on its accountability and finance metrics, underscoring the organization’s emphasis on these critical areas.

One of the standout features of Franklin & Marshall College is its governance structure, with 97% of its board members being independent. Additionally, the college has implemented comprehensive policies related to conflicts of interest, whistleblower protections, and document retention, all of which contribute to its high accountability score. The organization also maintains a solid financial position, with a favorable liabilities to assets ratio and a significant percentage of expenses directed towards programs.

While the data highlights many strengths, it should be noted that the rating is focused solely on financial metrics and accountability. Potential donors or stakeholders might want to explore additional qualitative aspects such as program effectiveness and community impact to get a fuller picture of the college's overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Franklin & Marshall College legitimate?

Franklin & Marshall College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin & Marshall College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,673,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,372,423

For more financial information, click here


Official website here: www.fandm.edu

What is the mission statement of Franklin & Marshall College?

Franklin & Marshall College is a residential institution committed to providing exceptional undergraduate liberal arts education. Its primary objectives are to instill in students a deep and lasting love for learning, teach them critical thinking skills, and foster their capacity for independent and collaborative action. The college aims to help students explore and understand the natural, social, and cultural worlds around them. By doing so, Franklin & Marshall College seeks to cultivate in its students intellectual, creative, and character qualities that enable them to live fulfilling lives and contribute meaningfully to their professions, communities, and the world.


Official website here: www.fandm.edu

Who is the CEO of Franklin & Marshall College?

Barbara Altmann is the Principal Officer of Franklin & Marshall College.


Official website here: www.fandm.edu

What is the revenue of Franklin & Marshall College?

Franklin & Marshall College's revenue in 2022 was $196,116,735.


Official website here: www.fandm.edu

Who are the executives of Franklin & Marshall College and what are their salaries?

The average compensation at Franklin & Marshall College during 2022 was $25,508. There are 2158 employees and 1291 volunteers at Franklin & Marshall College.


Here are 49 key members and their salaries:


Ricardo G Rivers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul R Brown Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohammed A Anjarwala (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew J Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akbar Hossain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les J Lieberman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara K Altmann Phd (President)
  • Compensation: $503,388
  • Related: $0
  • Other: $95,830
Patricia E Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Kline Klehr (Trustee - Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin J Winter (Trustee - Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan E Babkow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence G Braitman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Brooks Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Modia J Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew N Deschamps (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joan M Fallon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn N Farkas Ph D (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne W Fass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Greene Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn M Jenkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David H Lehman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas J Mccormack Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth B Mehlman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith C Fishlow Minter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric W Noll (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond A Sanseverino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary L Schapiro Lhd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence A Shadek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Farwell Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Art Taylor Esq (Trustee-Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward D Van Dolsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Ross Weis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hay Stine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Todd (Vp For Finance & Administ.)
  • Compensation: $320,659
  • Related: $0
  • Other: $38,438
Gretchel L Hathaway (Vp-Diversity, Equity, Inclusion)
  • Compensation: $178,657
  • Related: $0
  • Other: $17,596
Jimmie A Foster (Vp For Enrollment Management)
  • Compensation: $218,459
  • Related: $0
  • Other: $33,045
Matthew K Eynon (Vp For College Advancement)
  • Compensation: $331,959
  • Related: $0
  • Other: $48,723
Margaret Hazlett (Vp And Dean Of Student Affairs)
  • Compensation: $244,616
  • Related: $0
  • Other: $34,263
Cynthia Gorman (Interim Vp For College Advancement)
  • Compensation: $204,589
  • Related: $0
  • Other: $19,138
Alan Caniglia (Vp For Strategic Initiatives)
  • Compensation: $194,162
  • Related: $0
  • Other: $24,219
Carrie E Rampp (Vp & Chief Information Officer)
  • Compensation: $204,008
  • Related: $0
  • Other: $24,984
Barbara S Stambaugh (Vp For Communications)
  • Compensation: $208,701
  • Related: $0
  • Other: $25,134
Cameron B Wesson (Provost And Dean Of The Faculty)
  • Compensation: $280,043
  • Related: $0
  • Other: $23,791
Susan Dicklitch-Nelson (Professor Of Government)
  • Compensation: $155,064
  • Related: $0
  • Other: $19,724
Malcolm Green Haynes (Avp Of Finance)
  • Compensation: $193,056
  • Related: $0
  • Other: $14,190
Beth L Throne (Avp Student & Post-Grad. Devel.)
  • Compensation: $179,386
  • Related: $0
  • Other: $9,403
Alan S Glazer (Professor Of Business)
  • Compensation: $177,535
  • Related: $0
  • Other: $17,860
Marcus W Thomsen (Professor Of Chemistry)
  • Compensation: $161,718
  • Related: $0
  • Other: $22,420
Pierce Buller (General Counsel (Res. 6/21))
  • Compensation: $165,388
  • Related: $0
  • Other: $10,810


Official website here: www.fandm.edu

Where can I find the form 990 for Franklin & Marshall College?

Franklin & Marshall College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fandm.edu

Learn more at the official website: www.fandm.edu

Mission Statement of Franklin & Marshall College

Franklin & Marshall College, a residential institution dedicated to undergraduate liberal arts education, aspires to ignite a lifelong passion for learning in students from diverse backgrounds. The college aims to foster intellectual curiosity, creativity, and character in its students, enabling them to read, write, and think critically. By instilling the capacity for both independent and collaborative action, Franklin & Marshall College empowers its students to explore and understand the natural, social, and cultural worlds around them. In doing so, the college seeks to cultivate well-rounded individuals who can contribute meaningfully to their professions, communities, and the world.

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Impact




October, 2024

Franklin & Marshall College plays a significant role in shaping the educational landscape by providing a rigorous and engaging undergraduate liberal arts education. With a commitment to academic excellence, the college serves 1,986 students across 60 fields of study in an integrated learning environment. The low student-to-faculty ratio of 9:1 and average class size of 18 foster personalized learning experiences, enabling students to receive close mentorship and guidance.

The college aims to inspire students from diverse backgrounds, nurturing their intellectual curiosity and critical thinking skills. Through its curriculum and extracurricular activities, Franklin & Marshall promotes a genuine love for learning and encourages students to engage deeply with both their academic pursuits and their communities. By instilling qualities of intellect, creativity, and character, the college prepares its graduates to make meaningful contributions to their professions and society at large.

Located in Lancaster, PA, Franklin & Marshall College not only enriches the lives of its students but also impacts the broader community through its commitment to education and personal development, ultimately fostering a more informed and engaged citizenry.




This information is meant to be a general summary of Franklin & Marshall College. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$196,116,735 (2022)
Expenses
$189,880,020 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,978,725
  • Program Service Revenue: $157,714,592
  • Gross Receipts: $281,845,467

Assets and Liabilities:

  • Total Assets: $830,931,551
  • Total Liabilities: $221,796,408
  • Net Assets: $609,135,143

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$135,091,547

AUXILIARY OPERATIONS

Revenue

$22,623,045

Organization Details

Founding Year

1787

Principal Officer

Barbara Altmann

Main Address

PO BOX 3003, LANCASTER, PA, 176043003

NTEE Category

Code: B420 - Education

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