Public Charity

FRANKLIN & MARSHALL COLLEGE

FRANKLIN & MARSHALL COLLEGE is a nonprofit organization categorized as Public Charity based in LANCASTER, PA. Its most recent IRS filing (2025) reports revenue of $199.4M, expenses of $194.7M, total assets of $886.5M. Imperigo tracks 238 reported grant relationships connected to this organization totaling approximately $26.9M.

EIN: 231352635 LANCASTER, PA Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$199.4M
Total Expenses$194.7M
Total Assets$886.5M
Grant Records238
Funding Total$26.9M
Filing Years2021–2025

Mission

FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL ARTS EDUCATION. ITS AIMS ARE TO INSPIRE IN YOUNG PEOPLE OF HIGH PROMISE AND DIVERSE BACKGROUNDS A GENUINE AND ENDURING LOVE FOR LEARNING, TO TEACH THEM TO READ, WRITE, AND THINK CRITICALLY, TO INSTILL IN THEM THE CAPACITY FOR BOTH INDEPENDENT AND COLLABORATIVE ACTION, AND TO EDUCATE THEM TO EXPLORE AND UNDERSTAND THE NATURAL, SOCIAL, AND CULTURAL WORLDS IN WHICH THEY LIVE. IN SO DOING, THE COLLEGE SEEKS TO FOSTER IN ITS STUDENTS QUALITIES OF INTELLECT, CREATIVITY, AND CHARACTER, THAT THEY MAY LIVE FULFILLING LIVES AND CONTRIBUTE MEANINGFULLY TO THEIR OCCUPATIONS, THEIR COMMUNITIES, AND THEIR WORLD.

Where $100 goes at Franklin & Marshall College

How Franklin & Marshall College divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$20 Management running the organization
$3 Fundraising raising the next dollar

Inside the $77 for programs

$33
Financial aid
43% of program spending · Reported in the filing: 477 students
$25
Student and auxiliary services
32% of program spending · Reported in the filing: 28 teams
$19
Instruction
25% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Akbar Hossain
VP INST'L RES. & CHIEF STRAT. OFF. Alan Caniglia
PROFESSOR OF BUSINESS Alan S Glazer
VP & DEAN OF STUDENT AFFAIRS Andrew Stelljes
TRUSTEE (UNTIL 07/24) Anne W Fass
PRESIDENT Barbara K Altmann Phd

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,356,539 123 grants
Education
$9,880,349 76 grants
Research & Policy
$950,352 18 grants
Health & Medicine
$114,000 1 grant
Economic Development
$67,131 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $199.4M $194.7M $886.5M
2024 $201.4M $193.5M $855.8M
2023 $187.0M $189.9M $822.9M
2022 $196.1M $189.9M $830.9M
2021 $209.5M $190.2M $899.3M

Between 2021 and 2025, reported annual revenue declined from $209.5M to $199.4M (-5%), with total assets most recently reported at $886.5M.

Interactive year-over-year charts and full filing details available with membership.

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