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FRANKLIN & MARSHALL COLLEGE

EIN 23-1352635 LANCASTER, PA

Largest nonprofits in Pennsylvania

Revenue 2023
$201,387,214
Expenses 2023
$193,452,587

Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B420
Classification
2000
Street
PO BOX 3003

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2023

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.

Activities or mission (Part I)

A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL ARTS EDUCATION.

  • 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 65% OF OUR STUDENTS, ALLOWING US TO RECRUIT EXTRAORDINARY TALENT FROM ALL BACKGROUNDS. THE CLASS OF 2028 ENROLLED 477 STUDENTS. THEY BOAST AN AVERAGE SAT SCORE OF 1379.

    Expenses $63,767,077 · Grants $63,767,077

  • INSTRUCTION: THE COLLEGE GRANTS BACHELOR OF ARTS DEGREES IN OVER 50 FIELDS OF STUDY, WITH A FULL-TIME EQUIVALENT UNDERGRADUATE ENROLLMENT OF 1,888 FTES DURING THE 2024 ACADEMIC YEAR. THE COLLEGE OFFERS AN INTEGRATED LEARNING ENVIRONMENT WITH 58 FIELDS OF STUDY, 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 17 STUDENTS. 1 OUT OF EVERY 2 STUDENTS COLLABORATE WITH PROFESSORS ON RESEARCH OR GUIDED LEARNING.

    Expenses $38,534,032 · Revenue $133,079,625

  • 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.

    Expenses $21,645,276

  • AUXILIARY OPERATIONS: ACADEMIC SUPPORT, RESEARCH, PUBLIC SERVICE, AND INSTITUTIONAL SUPPORT.

    Expenses $24,212,454 · Grants $160,553 · Revenue $22,849,529

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Barbara K Altmann PhD

    PRESIDENT

    Total calculated
    $760,861
    From this org
    $681,679
    From related orgs
    $0
    Other
    $79,182
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $681,679
    Bonus
    $0
    Other
    $0
    Deferred
    $33,100
    Nontaxable benefits
    $46,082
    Filer's total
    $760,861
  • Eric W Noll

    CHAIR

    Total calculated
    $0
    Hours/week
    14
  • Susan Kline Klehr

    TRUSTEE - SENIOR VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • H Art Taylor Esq

    TRUSTEE - SENIOR VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Patricia E Harris

    TRUSTEE - VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Kenneth B Mehlman

    TRUSTEE - VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Mary L Schapiro Lhd

    TRUSTEE - VICE CHAIR

    Total calculated
    $0
    Hours/week
    4
  • Mohammed A Anjarwala

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Michael T Arnold

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Sameer Arora

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Jonathan E Babkow

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Margery A Brittain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Robert J Brooks Sr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Paul R Brown PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Modia J Butler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Paige A Costigan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Neil B Davidowitz Esq

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Robert V Desantis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Matthew N Deschamps

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Dr Joan M Fallon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Anne W Fass

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Lynn J Greenburg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • John W Greene Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3
  • Akbar Hossain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Shawn M Jenkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $201,387,214
    Expenses
    $193,452,587
    Contributions
    $18,958,957
    Grants paid
    $63,927,630
  • 2022
    Revenue
    $186,951,178
    Expenses
    $189,940,277
    Contributions
    $18,418,428
    Grants paid
    $61,465,127

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2021 · 990

    Revenue
    $196,116,735
    Expenses
    $189,880,020
    Assets (EOY)
    $830,931,551
  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2020 · 990

    Revenue
    $209,519,207
    Expenses
    $190,172,005
    Assets (EOY)
    $899,256,737
  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2019 · 990

    Revenue
    $176,394,107
    Expenses
    $193,956,044
    Assets (EOY)
    $780,280,025
  • 2018 · 990

    Revenue
    $209,031,036
    Expenses
    $199,260,345
    Assets (EOY)
    $733,363,144
  • 2017 · 990

    Revenue
    $205,634,738
    Expenses
    $195,861,861
    Assets (EOY)
    $717,438,968

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2023 return

  • NW GATEWAY PROJECT

    EXCLUDED · LAND ACQUISITION · PA · 50% owned · share of assets $15,806,187 · general or managing partner

Related corporations and trusts on its 2023 return

  • CHARITABLE REMAINDER UNITRUST (1)

    T · INVESTMENTS · MT

  • CHARITABLE REMAINDER UNITRUST (1)

    T · INVESTMENTS · DE

  • FOX ADELE W (CHARIT)

    T · INVESTMENTS · PA · 76% owned · share of income $121,768 · share of assets $1,426,669

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · VA

  • FRENCH MARION T

    T · INVESTMENTS · PA · 100% owned · share of income $15,701 · share of assets $350,455

  • CHARITABLE REMAINDER UNITRUST (1)

    T · INVESTMENTS · FL

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · TX

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · FL

  • CHARITABLE REMAINDER UNITRUST (1)

    T · INVESTMENTS · PA

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · MN

  • PLANK ELSIE

    T · INVESTMENTS · PA · 100% owned

  • SPLIT INTEREST TRUST (3)

    T · INVESTMENTS · NJ

  • WALTERS ART

    T · INVESTMENTS · PA · 100% owned · share of income $302,535 · share of assets $6,963,989

  • ADVANCED STUDIES IN ENGLAND LTD

    C · STUDY ABROAD · UK · 100% owned · share of income $1,406,800 · share of assets $3,738,691

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · NC

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · WA

  • SPLIT INTEREST TRUST (23)

    T · INVESTMENTS · PA

  • SPLIT INTEREST TRUST (1)

    T · INVESTMENTS · NJ

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.