FRANKLIN & MARSHALL COLLEGE

LANCASTER, PA, 176043003 (717) 358-3925 Est. 1787 EIN 23-1352635
B420 - Education 990 - Public charity return 501(c)(3)
www.fandm.edu

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.

Giving Portfolio

Total Grants
24
Total Giving
$939K
Recipients
24
Years Active
2017 - 2024
Avg grant: $43,762 Median: $10,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$140K $47K03
20223$138K $46K03
20214$148K $37K22
20202$143K $71K02
20196$179K $30K33
20176$193K $32K60

Sectors Funded

Arts, Culture & Humanities
7
Community Improvement
6
Health Care
3
Diseases & Disorders
1
International & Foreign Affairs
1

Top States

Pennsylvania
22
District of Columbia
1
Illinois
1

Grantee Size Profile

$1M - $5M
7
$10M - $50M
6
Over $50M
5
$100K - $500K
1
$500K - $1M
1

Top Grantees

Page 1 of 2
$780K
$68K
$33K
CRISPUS ATTUCKS COMMUNITY CENTER
PA - 2 grants
$10K
CITY OF LANCASTER
PA
$7K

Grants Awarded · 21 grants

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Financials

Total Revenue
$199,432,384
Total Expenses
$194,655,254
Net Assets
$695,198,569
1,936 employees 1,120 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
3.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.0%
Expenses ↑ 0.6%
Revenue Sources
Contributions 8.2% Earned revenue 76.9% Investment 13.2% Other 2.0%
Expense Breakdown
Program 75.7% Management 21.4% Fundraising 2.9%

Officers & Trustees (54)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$199,432,384 ↑$194,655,254$695,198,569
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$186,951,178 ↓$189,940,277$622,922,205
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$196,116,735 ↓$189,880,020$609,135,143
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$209,519,207 ↑$190,172,005$671,217,268
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$176,394,107 ↓$193,956,044$546,529,699
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$205,634,738 $195,861,861$544,153,620

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EIN: 23-1352635 · Source: IRS Form 990 e-file data