Pennsylvania · Nonprofit
FRANKLIN & MARSHALL COLLEGE
FRANKLIN & MARSHALL COLLEGE (Pennsylvania) receives grants from 242 organizations whose IRS filings report $51,534,066 to it, the largest being NATIONAL COLLEGE ADVISING CORPS INC ($4,532,064). 165 of them have funded it in more than one year.
- Revenue FY2025
- $199M
- Funders on record
- 242
- Grants received
- $52M
- Net assets
- $695M
What Franklin & Marshall College does
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.
As stated on its FY2025 Form 990.
Programs
Financial aid: the college commits to meeting 100% of every student's institutionally determined financial need for all four years of their education. The college provides financial aid to 86% of our students, allowing the college to recruit extraordinary talent from all backgrounds. The class of 2028 enrolled 477 students with an average sat score of 1379.
$63,780,559 spentof which $63,780,559 as grants43% of program spendingInstruction: through a distinctively experiential liberal arts model, f&m offers 52 fields of study in a supportive, dynamic environment. With a 9:1 student to faculty ratio, the college's 1,857 full-time, undergraduate students have the opportunity to collaborate directly with f&m's distinguished faculty, who earn numerous national and international honors, including prestigious grants, fellowships, and career awards. F&m also is among an elite group of liberal arts colleges that maintain exceptional academic standards, including classification as a carnegie research college. F&m students learn to become leaders and develop the skills they need to handle real-world challenges with creativity, agility and empathy.
$36,993,579 spent$130,451,308 earned by the program25% of program spendingStudent and auxiliary services: f&m is a residential campus that holistically supports student growth and success. The student support hub brings together the majority of the college's student support services, including the writing center, quantitative and science center, dipcares wellness program, first-year advising mentors, international and multilingual support, and accessibility services. The college has a fully integrated student wellness center in partnership with penn medicine lancaster general health. 33% of students compete in division iii athletics on 28 varsity teams. Students also participate in more than 110 active student clubs and organizations, including greek life and dozens of clubs and intramural sports teams. Academic support, research, public service, and institutional support are all considered auxiliary services that are provided to students throughout their college careers.
$46,622,947 spentof which $158,607 as grants$22,381,402 earned by the program32% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $147,397,085.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $780M to $899M (+15%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2018 2% · 2019 2% · 2020 2% · 2021 2% · 2022 3% · 2023 1% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
8% of FRANKLIN & MARSHALL COLLEGE’s revenue is contributions — about as donation-reliant as the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Eric W Noll
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 69 funders to 104 funders, grant income rose $5.7M → $6.5M.
43 of 242 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FRANKLIN & MARSHALL COLLEGE’s funders (the co-funder graph). Top 30 of 242 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FRANKLIN & MARSHALL COLLEGE has a broad base — no single funder exceeds 9% of grant income, and it takes 10 funders to reach half.
the vertical line marks half of all grant income — 10 funders to its left
48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRANKLIN & MARSHALL COLLEGE.
Largest funder’s share by year: 2017 20% · 2018 20% · 2019 17% · 2020 13% · 2021 23% · 2022 28% · 2023 15% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of FRANKLIN & MARSHALL COLLEGE's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
FRANKLIN & MARSHALL COLLEGE draws 65% of its grant income from funders outside Pennsylvania, across 26 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 20 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FRANKLIN & MARSHALL COLLEGE's funding base is broadening — from 69 funders to 104 as grant income climbed.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding FRANKLIN & MARSHALL COLLEGE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $22.0M on record — $22.0M federal, $50k state.
- National Science Foundation$9.8M
- Department of Education$8.4M
- Department of Health and Human Services$2.9M
- Department of Housing and Urban Development$699k
- Department of Commerce$150k
- NJ$26k
- DE$24k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like FRANKLIN & MARSHALL COLLEGE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 13 states
Part of a family of 18 related entities
- Nw Gateway Project · partnership
- Charitable Remainder Unitrust (1) · corp_trust
- Charitable Remainder Unitrust (1) · corp_trust
- Fox Adele W (Charit) · corp_trust
- Split Interest Trust (1) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for FRANKLIN & MARSHALL COLLEGE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRANKLIN & MARSHALL COLLEGE?
- FRANKLIN & MARSHALL COLLEGE (Pennsylvania) receives grants from 242 organizations whose IRS filings report $51,534,066 to it, the largest being NATIONAL COLLEGE ADVISING CORPS INC ($4,532,064). 165 of them have funded it in more than one year.
- How many funders does FRANKLIN & MARSHALL COLLEGE have?
- IRS filings report 242 organizations giving $51,534,066 in grants to FRANKLIN & MARSHALL COLLEGE, 165 of which have funded it in more than one year.
- Who is the largest funder of FRANKLIN & MARSHALL COLLEGE?
- NATIONAL COLLEGE ADVISING CORPS INC is the largest funder on record, with $4,532,064 in grants. The full list of funders is on this page.
- How can an organization like FRANKLIN & MARSHALL COLLEGE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 242 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing