FRANKLIN & MARSHALL COLLEGE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: FRANKLIN & MARSHALL COLLEGE (EIN 23-1352635)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-05-15
IRS object ID: 202431369349307288
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-15T11:33:16-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390859910	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BAKER TILLY US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1570 FRUITVILLE PIKE SUITE 400	AddressLine1Txt
City	LANCASTER	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17601	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	231352635	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRANKLIN & MARSHALL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FRAN	BusinessNameControlTxt
Phone	7173583925	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3003	AddressLine1Txt
City	LANCASTER	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	176043003	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SHAWN P CURTIN	PersonNm
Person Title	VP FOR FINANCE AND ADMIN.	PersonTitleTxt
Phone	7173583925	PhoneNum
Signature	2024-05-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SHAWN	PersonFirstNm
Person Last	CURTIN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KERRI N BOGDA CPA	PreparerPersonNm
PTIN	P00760402	PTIN
Phone	7177404863	PhoneNum
Preparation	2024-05-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BARBARA ALTMANN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3003	AddressLine1Txt
City	LANCASTER	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	176043003	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$274,106,409	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.FANDM.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1787	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL ARTS EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	35	VotingMembersGoverningBodyCnt
Voting Members Independent	34	VotingMembersIndependentCnt
Total Employee	2183	TotalEmployeeCnt
Total Volunteers	1278	TotalVolunteersCnt
Total Gross UBI	$506,013	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$24,465,708	PYContributionsGrantsAmt
CY Contributions Grants	$18,418,428	CYContributionsGrantsAmt
PY Program Service Revenue	$157,714,592	PYProgramServiceRevenueAmt
CY Program Service Revenue	$154,655,819	CYProgramServiceRevenueAmt
PY Investment Income	$10,978,725	PYInvestmentIncomeAmt
CY Investment Income	$11,359,293	CYInvestmentIncomeAmt
PY Other Revenue	$2,957,710	PYOtherRevenueAmt
CY Other Revenue	$2,517,638	CYOtherRevenueAmt
PY Total Revenue	$196,116,735	PYTotalRevenueAmt
CY Total Revenue	$186,951,178	CYTotalRevenueAmt
PY Grants And Similar Paid	$64,217,195	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$61,465,127	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$70,827,066	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$71,105,009	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,052,202	CYTotalFundraisingExpenseAmt
PY Other Expenses	$54,835,759	PYOtherExpensesAmt
CY Other Expenses	$57,370,141	CYOtherExpensesAmt
PY Total Expenses	$189,880,020	PYTotalExpensesAmt
CY Total Expenses	$189,940,277	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,236,715	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$2,989,099	CYRevenuesLessExpensesAmt
Total Assets BOY	$830,931,551	TotalAssetsBOYAmt
Total Assets EOY	$822,891,438	TotalAssetsEOYAmt
Total Liabilities BOY	$221,796,408	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$199,969,233	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$609,135,143	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$622,922,205	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$61,303,177	ExpenseAmt
Grant	$61,303,177	GrantAmt
Revenue	$0	RevenueAmt
Desc	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 64.8% OF OUR STUDENTS, ALLOWING US TO RECRUIT EXTRAORDINARY TALENT FROM ALL BACKGROUNDS. THE CLASS OF 2027 ENROLLED 553 STUDENTS. THEY BOAST AN AVERAGE SAT SCORE OF 1376.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$38,269,578	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$132,065,551	RevenueAmt
Desc	INSTRUCTION: THE COLLEGE GRANTS BACHELOR OF ARTS DEGREES IN 60 FIELDS OF STUDY, WITH A FULL-TIME EQUIVALENT UNDERGRADUATE ENROLLMENT OF 1,966 DURING THE 2023 ACADEMIC YEAR. THE COLLEGE OFFERS AN INTEGRATED LEARNING ENVIRONMENT 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 18 STUDENTS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$21,315,783	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	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.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$24,653,119	ExpenseAmt
Grant	$161,950	GrantAmt
Revenue	$22,272,597	RevenueAmt
Desc	AUXILIARY OPERATIONS: ACADEMIC SUPPORT, RESEARCH, PUBLIC SERVICE, AND INSTITUTIONAL SUPPORT.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$24,653,119	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$161,950	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$22,272,597	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$145,541,657	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	2465	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	2183	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	UK	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	35	GoverningBodyVotingMembersCnt
Independent Voting Member	34	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEAN GALLOWAY ASST VP TREASURYCONTROLLER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7173584210	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3003	AddressLine1Txt
City	LANCASTER	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	176043003	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
BARBARA K ALTMANN PHD
PRESIDENT	60.00	0.00	Yes (X)	Yes (X)	$679,845	$0	$106,833
ERIC W NOLL
CHAIR	14.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SUSAN KLINE KLEHR
TRUSTEE - SENIOR VICE CHAIR	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
H ART TAYLOR ESQ
TRUSTEE - SENIOR VICE CHAIR	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICIA E HARRIS
TRUSTEE - VICE CHAIR	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
KENNETH B MEHLMAN
TRUSTEE - VICE CHAIR	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
MARY L SCHAPIRO LHD
TRUSTEE - VICE CHAIR	4.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
MOHAMMED A ANJARWALA
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
SAMEER ARORA
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
JONATHAN E BABKOW
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MARGERY A BRITTAIN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT J BROOKS SR
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
PAUL R BROWN PHD
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MODIA J BUTLER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
PAIGE A COSTIGAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
NEIL B DAVIDOWITZ ESQ
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW N DESCHAMPS
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
DR JOAN M FALLON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ANNE W FASS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOHN W GREENE JR
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
AKBAR HOSSAIN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
SHAWN M JENKINS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
FATOUMATA KEITA
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT M KRASNE ESQ
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID H LEHMAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LES J LIEBERMAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DOUGLAS J MCCORMACK ESQ
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JUDITH C FISHLOW MINTER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW J MURPHY
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RICARDO G RIVERS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RAYMOND A SANSEVERINO
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
STUART FARWELL SMITH
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KATHY HAY STINE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
EDWARD D VAN DOLSEN
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
COLLEEN ROSS WEIS
TRUSTEE	3.00	0.00	Yes (X)		$0	$0	$0
JIMMIE A FOSTER
VP FOR ENROLLMENT MANAG (RES. 6/30)	60.00	0.00		Yes (X)	$221,454	$0	$45,527
GRETCHEL L HATHAWAY
VP-DIVERSITY, EQUITY, INCLUSION	60.00	0.00		Yes (X)	$182,509	$0	$27,156
MARGARET HAZLETT
VP & DEAN OF STUD. AFF. (RES. 5/23)	60.00	0.00		Yes (X)	$247,407	$0	$47,025
CARRIE E RAMPP
VP & CHIEF INFORMATION OFFICER	60.00	0.00		Yes (X)	$207,169	$0	$36,565
ALAN CANIGLIA
VP FOR STRATEGIC INITIATIVES	60.00	0.00		Yes (X)	$196,958	$0	$34,918
BARBARA S STAMBAUGH
VP FOR COMMUNICATIONS	60.00	0.00		Yes (X)	$212,814	$0	$30,431
CAMERON B WESSON
PROV. & DEAN OF THE FAC. (RES. 6/30)	60.00	0.00		Yes (X)	$305,422	$0	$45,969
CYNTHIA GORMAN
VP FOR COLLEGE ADVANCEMENT	60.00	0.00		Yes (X)	$240,713	$0	$32,844
V LATOSHA DEXTER
GENERAL COUNSEL	60.00	0.00		Yes (X)	$274,958	$0	$462
BETH L THRONE
AVP STUDENT & POST-GRAD. DEVEL.	40.00	0.00			$184,173	$0	$18,552	Yes (X)
ALAN S GLAZER
PROFESSOR OF BUSINESS	40.00	0.00			$180,222	$0	$27,333	Yes (X)
DOROTHY J MERRITTS
PROFESSOR OF CHEMISTRY	40.00	0.00			$158,589	$0	$23,616	Yes (X)
MALCOLM GREEN HAYNES
AVP OF FINANCE	40.00	0.00			$195,958	$0	$15,194	Yes (X)
KIRK MILLER
PROFESSOR OF GOVERNMENT	40.00	0.00			$158,370	$0	$30,016	Yes (X)
MATTHEW K EYNON
VP COLLEGE ADVANCEMENT (RES. 6/22)	60.00	0.00			$250,520	$0	$26,001		Yes (X)
MICHAEL J TODD
VP FINANCE & ADMINIST. (RES. 6/22)	60.00	0.00			$191,460	$0	$27,669		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,088,541	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$576,111	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	133	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SODEXO INC & AFFILIATES
4880 PAYSPHERE CIRCLE	CHICAGO	IL	606740048	FOOD SERVICES MGMT.	$8,160,348
LANCASTER GENERAL MEDICAL GRP
1030 NEW HOLLAND AVE BUILDING 12A	LANCASTER	PA	176015689	STUDENT HEALTH SVCS.	$1,684,763
POOLE ANDERSON CONSTRUCTION LLC
2121 OLD GATESBURG ROAD STE 200	STATE COLLEGE	PA	168032290	CONSTRUCTION SERVICES	$1,352,417
TWO OCEAN EDUCATION PARTNERS
1806 SUMMIT AVE STE 200	RICHMOND	VA	232304339	RECRUITING SERVICES	$397,328
TIAA KASPICK
203 REDWOOD SHORES PKWY STE 300	REDWOOD CITY	CA	940656121	PORTFOLIO MANAGEMENT	$256,328

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	12	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,755,594	GovernmentGrantsAmt
All Other Contributions	$15,662,834	AllOtherContributionsAmt
Noncash Contributions	$2,190,818	NoncashContributionsAmt
Total Contributions	$18,418,428	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES	611310	$132,001,586	$132,001,586
AUXILIARY OPERATIONS	721310	$22,590,268	$22,272,598	$317,670
MISC. PROGRAM FEES	611310	$63,965	$63,965

Field	Value	IRS element (for citing)
Total Program Service Revenue	$154,655,819	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,503,781	TotalRevenueColumnAmt
Unrelated Business Revenue	$61,144	UnrelatedBusinessRevenueAmt
Exclusion	$5,442,637	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,418	TotalRevenueColumnAmt
Exclusion	$31,418	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,086,749	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$667,992	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$418,757	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$418,757	TotalRevenueColumnAmt
Exclusion	$418,757	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$92,342,751	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$86,487,239	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$5,855,512	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,855,512	TotalRevenueColumnAmt
Unrelated Business Revenue	$49,084	UnrelatedBusinessRevenueAmt
Exclusion	$5,806,428	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
RESEARCH INCOME	900099	$687,955	$78,115	$609,840
REIMBURSEMENTS	900099	$425,835		$425,835
INDIRECT COST RECOVERY	900099	$357,935		$357,935

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$595,738	TotalRevenueColumnAmt
Exclusion	$595,738	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,067,463	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$186,951,178	TotalRevenueColumnAmt
Related Or Exempt Func Income	$154,338,149	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$506,013	UnrelatedBusinessRevenueAmt
Exclusion	$13,688,588	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$161,950	TotalAmt
Program Services	$161,950	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$54,104,971	TotalAmt
Program Services	$54,104,971	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$7,198,206	TotalAmt
Program Services	$7,198,206	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,447,243	TotalAmt
Program Services	$1,140,262	ProgramServicesAmt
Management And General	$1,620,590	ManagementAndGeneralAmt
Fundraising	$686,391	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$50,295,911	TotalAmt
Program Services	$35,682,809	ProgramServicesAmt
Management And General	$12,708,758	ManagementAndGeneralAmt
Fundraising	$1,904,344	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,917,632	TotalAmt
Program Services	$2,787,434	ProgramServicesAmt
Management And General	$989,695	ManagementAndGeneralAmt
Fundraising	$140,503	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$9,827,399	TotalAmt
Program Services	$6,794,855	ProgramServicesAmt
Management And General	$2,583,043	ManagementAndGeneralAmt
Fundraising	$449,501	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,616,824	TotalAmt
Program Services	$2,535,003	ProgramServicesAmt
Management And General	$930,335	ManagementAndGeneralAmt
Fundraising	$151,486	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$318,566	TotalAmt
Management And General	$318,566	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$183,480	TotalAmt
Management And General	$183,480	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,279,289	TotalAmt
Management And General	$2,279,289	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$14,300,015	TotalAmt
Program Services	$11,846,869	ProgramServicesAmt
Management And General	$2,075,743	ManagementAndGeneralAmt
Fundraising	$377,403	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$123,714	TotalAmt
Program Services	$95,479	ProgramServicesAmt
Management And General	$28,235	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,731,544	TotalAmt
Program Services	$2,418,167	ProgramServicesAmt
Management And General	$1,023,512	ManagementAndGeneralAmt
Fundraising	$289,865	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,125,487	TotalAmt
Program Services	$241,485	ProgramServicesAmt
Management And General	$1,789,493	ManagementAndGeneralAmt
Fundraising	$94,509	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,126,363	TotalAmt
Program Services	$2,856,842	ProgramServicesAmt
Management And General	$1,263,376	ManagementAndGeneralAmt
Fundraising	$6,145	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,256,135	TotalAmt
Program Services	$2,052,980	ProgramServicesAmt
Management And General	$152,600	ManagementAndGeneralAmt
Fundraising	$50,555	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$324,701	TotalAmt
Program Services	$204,126	ProgramServicesAmt
Management And General	$55,689	ManagementAndGeneralAmt
Fundraising	$64,886	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,626,472	TotalAmt
Program Services	$116,492	ProgramServicesAmt
Management And General	$4,509,980	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$12,903,520	TotalAmt
Program Services	$8,881,273	ProgramServicesAmt
Management And General	$3,417,544	ManagementAndGeneralAmt
Fundraising	$604,703	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,155,080	TotalAmt
Program Services	$1,591	ProgramServicesAmt
Management And General	$1,153,489	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
REPAIRS & EQUIP. MAINT.	$2,308,479	$639,357	$1,669,122
EQUIPMENT & BOOKS	$1,920,652	$1,819,278	$99,905	$1,469
OFF CAMPUS PROGRAMS	$1,743,994	$1,743,994
FOOD	$1,739,448	$1,390,088	$175,304	$174,056

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,203,202	TotalAmt
Program Services	$828,146	ProgramServicesAmt
Management And General	$318,670	ManagementAndGeneralAmt
Fundraising	$56,386	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$189,940,277	TotalAmt
Program Services	$145,541,657	ProgramServicesAmt
Management And General	$39,346,418	ManagementAndGeneralAmt
Fundraising	$5,052,202	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	-$1,341,106	BOYAmt
EOY	-$223,660	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$20,100,218	BOYAmt
EOY	$21,997,371	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$22,861,670	BOYAmt
EOY	$19,829,086	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,807,868	BOYAmt
EOY	$2,399,891	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,100,708	BOYAmt
EOY	$2,154,762	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$512,204,563	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$205,039,188	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$314,521,733	BOYAmt
EOY	$307,165,375	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$116,223,195	BOYAmt
EOY	$110,225,418	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$332,165,947	BOYAmt
EOY	$342,080,452	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$5,674,084	BOYAmt
EOY	$5,206,481	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$12,817,234	BOYAmt
EOY	$12,056,262	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$830,931,551	BOYAmt
EOY	$822,891,438	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,995,521	BOYAmt
EOY	$5,201,108	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,205,422	BOYAmt
EOY	$996,903	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$105,239,354	BOYAmt
EOY	$95,948,612	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$998,532	BOYAmt
EOY	$453,866	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$3,317,277	BOYAmt
EOY	$2,992,550	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$103,040,302	BOYAmt
EOY	$94,376,194	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$221,796,408	BOYAmt
EOY	$199,969,233	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$305,632,147	BOYAmt
EOY	$308,960,976	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$303,502,996	BOYAmt
EOY	$313,961,229	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$609,135,143	BOYAmt
EOY	$622,922,205	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$830,931,551	BOYAmt
EOY	$822,891,438	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$2,989,099	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$13,541,298	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$3,234,863	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,848,800	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,508,987	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$27,265,935	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,465,708	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,418,428	CurrentTaxYearAmt
Total	$108,507,858	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,848,800	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,508,987	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$27,265,935	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,465,708	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,418,428	CurrentTaxYearAmt
Total	$108,507,858	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$5,476,892	SubstantialContributorsTotAmt
Public Support Total170	$103,030,966	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,499,752	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,513,282	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,787,670	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,854,441	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,560,804	CurrentTaxYearAmt
Total	$46,215,949	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,454,623	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,527,670	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,859,312	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,455,169	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,988,730	CurrentTaxYearAmt
Total	$13,285,504	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$168,009,311	TotalSupportAmt
Gross Receipts Rltd Activities	$785,089,866	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.61320	PublicSupportCY170Pct
Public Support PY170	0.61760	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	INTERDEPARTMENTAL REVENUE - 2019 AMOUNT: $ 363,497. 2021 AMOUNT: $ 302,000. 2022 AMOUNT: $ 10,680. PROGRAM FEES - 2020 AMOUNT: $ 360,645. 2021 AMOUNT: $ 36,451. 2022 AMOUNT: $ 63,965. INDIRECT COST RECOVERY - 2018 AMOUNT: $ 319,660. 2019 AMOUNT: $ 270,145. 2020 AMOUNT: $ 367,587. 2021 AMOUNT: $ 406,413. 2022 AMOUNT: $ 357,935. MEMBERSHIP INCOME - 2018 AMOUNT: $ 512,136. 2019 AMOUNT: $ 48,123. 2021 AMOUNT: $ 23,665. 2022 AMOUNT: $ 18,256. RESEARCH - 2018 AMOUNT: $ 1,152,088. 2019 AMOUNT: $ 1,127,194. 2020 AMOUNT: $ 839,874. 2021 AMOUNT: $ 836,322. 2022 AMOUNT: $ 609,840. OTHER - 2018 AMOUNT: $ 1,470,739. 2019 AMOUNT: $ 718,711. 2020 AMOUNT: $ 291,206. 2021 AMOUNT: $ 583,945. 2022 AMOUNT: $ 753,147. REIMBURSEMENTS - 2021 AMOUNT: $ 171,340. 2022 AMOUNT: $ 250,170. PERKINS LOANS - 2021 AMOUNT: $ 95,033. INDIRECT COST RECOVERY - 2022 AMOUNT: $ 357,935. ENTRY FEES - 2022 AMOUNT: $ 92,582. VENDOR COMMISSION INCOME - 2022 AMOUNT: $ 91,711. SUMMER CAMP INCOME - 2022 AMOUNT: $ 42,853. TICKET SALES INCOME - 2022 AMOUNT: $ 41,269. EQUIPMENT INCOME - 2022 AMOUNT: $ 33,713. GENERAL FOOD SALES - 2022 AMOUNT: $ 21,147. FINES INCOME - 2022 AMOUNT: $ 17,975. ROOM LOCK OUT - 2022 AMOUNT: $ 13,290. GENERAL MERCHANDISE SALES - 2022 AMOUNT: $ 7,077. DORM DAMAGE REVENUE - 2022 AMOUNT: $ 6,515. SHUTTLE SERVICE INCOME - 2022 AMOUNT: $ 6,210. POSTAGE AND SHIPPING INCOME - 2022 AMOUNT: $ 5,526. LATE FEES - 2022 AMOUNT: $ 4,806. REPLACEMENT ID INCOME - 2022 AMOUNT: $ 3,870. FEE - TRANSCRIPT/DIPLOMA - 2022 AMOUNT: $ 2,644. ADVERTISING INCOME - 2022 AMOUNT: $ 2,040. ADMIN OVERHEAD RECOVERY - 2022 AMOUNT: $ 1,785. KEY DEPOSIT - REPLACEMENT - 2022 AMOUNT: $ 1,000. BAD CHECK FEE INCOME - 2022 AMOUNT: $ 525. FEE - TRAVEL PROGRAM - 2022 AMOUNT: $ 318. REFUNDS - 2022 AMOUNT: $ 169,946.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$375,555,835	BeginningYearBalanceAmt
Contributions	$5,001,028	ContributionsAmt
Investment Earnings Or Losses	$20,709,775	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,376,914	GrantsOrScholarshipsAmt
Other Expenditures	$12,151,199	OtherExpendituresAmt
Administrative Expenses	$1,480,189	AdministrativeExpensesAmt
End Year Balance	$380,258,336	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$441,320,443	BeginningYearBalanceAmt
Contributions	$6,910,075	ContributionsAmt
Investment Earnings Or Losses	-$52,442,327	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,756,279	GrantsOrScholarshipsAmt
Other Expenditures	$11,561,635	OtherExpendituresAmt
Administrative Expenses	$1,914,442	AdministrativeExpensesAmt
End Year Balance	$375,555,835	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$326,941,394	BeginningYearBalanceAmt
Contributions	$6,268,612	ContributionsAmt
Investment Earnings Or Losses	$129,279,816	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,558,470	GrantsOrScholarshipsAmt
Other Expenditures	$11,765,973	OtherExpendituresAmt
Administrative Expenses	$2,844,936	AdministrativeExpensesAmt
End Year Balance	$441,320,443	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$330,289,650	BeginningYearBalanceAmt
Contributions	$4,908,823	ContributionsAmt
Investment Earnings Or Losses	$10,239,483	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,917,345	GrantsOrScholarshipsAmt
Other Expenditures	$11,517,703	OtherExpendituresAmt
Administrative Expenses	$1,061,514	AdministrativeExpensesAmt
End Year Balance	$326,941,394	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$326,728,378	BeginningYearBalanceAmt
Contributions	$5,522,438	ContributionsAmt
Investment Earnings Or Losses	$16,275,849	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,778,255	GrantsOrScholarshipsAmt
Other Expenditures	$11,389,973	OtherExpendituresAmt
Administrative Expenses	$1,068,787	AdministrativeExpensesAmt
End Year Balance	$330,289,650	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.34210	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.37240	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.28550	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$19,562	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$22,940,407	OtherCostOrOtherBasisAmt
Book Value	$22,959,969	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$661,452	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$412,805,430	OtherCostOrOtherBasisAmt
Depreciation	$135,288,846	DepreciationAmt
Book Value	$278,178,036	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$74,489,961	OtherCostOrOtherBasisAmt
Depreciation	$64,689,179	DepreciationAmt
Book Value	$9,800,782	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,287,751	OtherCostOrOtherBasisAmt
Depreciation	$5,061,163	DepreciationAmt
Book Value	-$3,773,412	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$307,165,375	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
BENEFICIAL INTEREST IN PERPETUAL TRUSTS	$15,582,613	F
ALTERNATIVE INVESTMENTS	$326,497,839	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$342,080,452	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
POSTRETIREMENT BENEFIT OBLIGATIONS	$8,368,823
ANNUITY OBLIGATIONS	$16,239,377
FIN 47 OBLIGATION	$7,492,174
CONTRACT LIABILITY	$982,377
CAPITAL LEASE LIABILITY	$61,293,443

Field	Value	IRS element (for citing)
Total Liability	$94,376,194	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$143,167,839	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$13,541,298	NetUnrealizedGainsInvstAmt
Other Revenue	-$57,992,629	OtherRevenueAmt
Revenue Not Reported	-$44,451,331	RevenueNotReportedAmt
Revenue Subtotal	$187,619,170	RevenueSubtotalAmt
Other Revenues Not Included	-$667,992	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$667,992	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$186,951,178	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$129,343,681	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,564,012	OtherExpensesIncludedAmt
Expenses Not Reported	$2,564,012	ExpensesNotReportedAmt
Expenses Subtotal	$126,779,669	ExpensesSubtotalAmt
Other Expenses Not Included	$63,160,608	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$63,160,608	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$189,940,277	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1A:	COLLECTION ITEMS CONSIST OF ARTWORKS, RARE BOOKS, AND OTHER OBJECTS THAT HAVE COME TO THE COLLEGE AND MILLPORT CONSERVANCY PRINCIPALLY THROUGH GIFTS, ALTHOUGH SOME WERE PURCHASED AND CERTAIN OF THE COLLECTIONS WERE RECEIVED IN TRUST. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION AND EDUCATION AND IS PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED. EACH OF THESE ITEMS IS CATALOGUED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS' INSURANCE - APPRAISED VALUE IS APPROXIMATELY $14,074,000. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS PERMITTED BY GAAP. PURCHASES OF COLLECTION ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS REDUCTIONS IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. NO COLLECTION ITEMS WERE DEACCESSIONED IN 2023 OR 2022.
PART III, LINE 4:	THE COLLEGE'S COLLECTIONS CONTAIN REGIONAL AND INTERNATIONAL WORKS OF ART, RARE BOOKS, CULTURAL OBJECTS, AND HISTORICAL OBJECTS. THEY ADVANCE THE INSTRUCTIONAL, ACADEMIC SUPPORT, AND PUBLIC SERVICE PURPOSES OF THE COLLEGE BY EXHIBITION AND USE BY FACULTY, STUDENTS, AND THE COMMUNITY, VIA LOCAL AND ONLINE ACCESS.
PART IV, LINE 2B:	FRANKLIN & MARSHALL HOSTS A NUMBER OF CUSTODIAL ACCOUNTS FOR WHICH THE COLLEGE ACTS AS THE AGENT. THESE FUNDS ARE PRIMARILY FEDERAL PERKINS LOAN FUNDS AS WELL AS FUNDS HELD FOR THE COLLEGE'S WHOLLY-OWNED SUBSIDIARY. THE AMOUNT REPORTED ON THE BALANCE SHEET ALSO INCLUDES FUNDS HELD FOR STUDENT ORGANIZATIONS SUCH AS GREEK LIFE.
PART V, LINE 4:	OF THE TOTAL ENDOWMENT, 37.1% IS INTENDED FOR STUDENT AID, 33.1% FOR GENERAL UNRESTRICTED PURPOSES, 13.1% FOR OPERATIONS AND MAINTENANCE, 16.7% FOR INSTRUCTION, AND THE REMAINDER FOR MISCELLANEOUS RESTRICTED PURPOSES.
PART X, LINE 2:	UNDER PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE APPLICABLE INCOME TAX REGULATIONS OF PENNSYLVANIA, THE COLLEGE IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. SINCE THE COLLEGE HAD NO MATERIAL NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE COLLEGE DOES NOT BELIEVE THAT THERE ARE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	CHANGES IN ANNUITY OBLIGATIONS -1,966,932. CHANGES IN CASH SURRENDER VALUE -153,265. CHANGES IN PLEDGE DISCOUNTS AND ALLOWANCES -473,706. CHANGE IN POST RETIREMENT BENEFIT OBLIGATION 5,714,797. DE-CONSOLIDATION OF MILLPORT CONSERVANCY AND ASE REVENUE 2,047,085. STUDENT FINANCIAL AID -60,880,755. INVESTMENT MANAGEMENT FEES -2,279,853.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RENTAL EXPENSE -667,992.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 667,992. DE-CONSOLIDATION OF MILLPORT CONSERVANCY AND ASE EXPENSES 1,896,020.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INVESTMENT EXPENSES 2,279,853. STUDENT FINANCIAL AID 60,880,755.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	THE COLLEGE COMPLIES WITH SECTION 4.03 BECAUSE A) STUDENTS ARE DRAWN FROM A LARGE DEMOGRAPHIC AREA, AND B) THE COLLEGE COMPLIES WITH SECTION 4.02 REQUIREMENTS.
SCHEDULE E, PART I, LINE 6	THE COMMONWEALTH OF PENNSYLVANIA ANNUALLY PROVIDES AN INSTITUTIONAL ASSISTANCE GRANT TO THOSE INSTITUTIONS THAT DO NOT RECEIVE FUNDING FROM THE STATE VIA BUDGET APPROPRIATION. THIS GRANT IS BASED ON THE TOTAL NUMBER OF STUDENTS RECEIVING STATE HIGHER EDUCATION GRANTS.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (31 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$6,298
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$10,768
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$9,868
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$2,224
NORTH AMERICA	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$5,472
SOUTH ASIA	PROGRAM SERVICES	ADMISSIONS RECRUITMENT	$3,765
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$26,057
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$7,642
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$102,710
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$9,442
NORTH AMERICA	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$19,328
SOUTH AMERICA	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$11,612
SOUTH ASIA	PROGRAM SERVICES	CONF/RESEARCH/TRAVEL	$10,297
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	STUDY ABROAD	$68,730
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY ABROAD	$102,030
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	STUDY ABROAD	$1,272,020
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	STUDY ABROAD	$38,672
NORTH AMERICA	PROGRAM SERVICES	STUDY ABROAD	$17,423
SOUTH AMERICA	PROGRAM SERVICES	STUDY ABROAD	$136,288
SOUTH ASIA	PROGRAM SERVICES	STUDY ABROAD	$19,850
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDY ABROAD	$19,400
CENTRAL AMERICA AND THE CARIBBEAN	FINANCIAL AID		$132,908
EAST ASIA AND THE PACIFIC	FINANCIAL AID		$2,065,949
EUROPE (INCLUDING ICELAND & GREENLAND)	FINANCIAL AID		$1,266,611
MIDDLE EAST AND NORTH AFRICA	FINANCIAL AID		$646,905
NORTH AMERICA	FINANCIAL AID		$39,825
RUSSIA AND NEIGHBORING STATES	FINANCIAL AID		$414,348
SOUTH AMERICA	FINANCIAL AID		$386,847
SOUTH ASIA	FINANCIAL AID		$1,709,662
SUB-SAHARAN AFRICA	FINANCIAL AID		$877,378
CENTRAL AMERICA AND THE CARIBBEAN	INVESTMENTS		$20,857,524

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$72,094	SubtotalSpentAmt
Continuation Spent	$30,225,759	ContinuationSpentAmt
Total Spent	$30,297,853	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (17 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
STUDENT SCHOLARSHIPS	CENTRAL AMERICA AND THE CARIBBEAN	2	$0	$132,908	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	EAST ASIA AND THE PACIFIC	41	$0	$1,960,737	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	EUROPE (INCLUDING ICELAND & GREENLAND)	21	$0	$1,207,722	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	MIDDLE EAST AND NORTH AFRICA	8	$0	$616,807	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	NORTH AMERICA	1	$0	$38,325	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	RUSSIA AND NEIGHBORING STATES	5	$0	$398,459	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	SOUTH AMERICA	5	$0	$372,899	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	SOUTH ASIA	27	$0	$1,635,866	REDUCTION TO TUITION AND FEES	BOOK
STUDENT SCHOLARSHIPS	SUB-SAHARAN AFRICA	11	$0	$834,483	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	EAST ASIA AND THE PACIFIC	41	$0	$105,212	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	EUROPE (INCLUDING ICELAND & GREENLAND)	21	$0	$58,889	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	MIDDLE EAST AND NORTH AFRICA	8	$0	$30,098	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	NORTH AMERICA	1	$0	$1,500	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	SOUTH AMERICA	4	$0	$13,948	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	SOUTH ASIA	27	$0	$73,796	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	SUB-SAHARAN AFRICA	11	$0	$42,895	REDUCTION TO TUITION AND FEES	BOOK
STUDENT LOANS	RUSSIA AND NEIGHBORING STATES	5	$0	$15,889	REDUCTION TO TUITION AND FEES	BOOK

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	STUDENT SCHOLARSHIPS AND LOANS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. TRAVEL AND STUDENT RESEARCH GRANTS REQUIRE SUBSTANTIATION.
PART III ACCOUNTING METHOD:
SCHEDULE F, PART IV:	THE ORGANIZATION HAS INVESTMENTS IN VARIOUS FOREIGN-DOMICILED ENTITIES, INCLUDING BOTH CORPORATIONS AND PARTNERSHIPS. THEY HAVE AN INVESTMENT IN A FOREIGN ORGANIZATION OVER WHICH THEY HAVE CONTROL AND FOR WHICH THEY FILE A FORM 5471. THEY MAY HAVE TRANSFERS WHICH EXCEED THE THRESHOLD FOR FILING FORMS 926 AND 8865. IF SO, THE NECESSARY FORMS WILL BE ATTACHED TO THIS RETURN.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
FULTON THEATRE
PO BOX 1865	LANCASTER	PA	176081865	231631733	501(C)(3)	$7,500	$0	STAGE PRODUCTIONS
LANCASTER CITY ALLIANCE
354 N PRINCE STREET	LANCASTER	PA	176033085	463353021	501(C)(3)	$120,000	$0	LANCASTER CITY EDP
LANCASTER GENERAL HEALTH FOUNDATION
609 N CHERRY ST	LANCASTER	PA	176022201	231365353	501(C)(3)	$10,000	$0	GENERAL SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	3	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
PRIZES AND AWARDS	661	$150,198	$34,522	COST	NON-CASH PRIZES
STUDENT RESEARCH AND TRAVEL GRANTS	64	$207,251	$235	COST	SUPPLIES, TRAVEL EXPENSE
STUDENT SCHOLARSHIPS	1377		$53,712,765	COST	TUITION REDUCTIONS

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	STUDENT SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. TRAVEL AND STUDENT RESEARCH GRANTS REQUIRE SUBSTANTIATION. ALL GRANTS TO OTHER ORGANIZATIONS ARE REVIEWED BY THE COLLEGE TO DETERMINE THAT THE RECIPIENT'S MISSION ALIGNS WITH THAT OF THE COLLEGE. COLLEGE POLICY STRICTLY PROHIBITS CONTRIBUTIONS TO POLITICAL ORGANIZATIONS OR EVENTS.
PART III: ACCOUNTING FOR CASH AND NONCASH ASSISTANCE:	PAYMENTS/REIMBURSEMENTS DIRECTLY TO RECIPIENTS ARE CONSIDERED CASH ASSISTANCE. PAYMENTS TO VENDORS ON BEHALF OF RECIPIENTS OR THE PURCHASE OF NONCASH ITEMS TO BE GIVEN TO RECIPIENTS ARE CONSIDERED NONCASH ASSISTANCE.
PART III, COLUMN B: NUMBER OF RECIPIENTS	THE NUMBER OF RECIPIENTS FOR STUDENT SCHOLARSHIPS IS BASED ON FINANCIAL AID RECORDS OF RECIPIENTS. THE NUMBER OF RECIPIENTS FOR PRIZES AND AWARDS IS ESTIMATED BASED ON THE NUMBER OF PAYEES (CASH PRIZES/AWARDS), AND THE NUMBER OF RECIPIENTS BENEFITTED OR NUMBER OF ITEMS PURCHASED (NONCASH PRIZES/AWARDS). THE NUMBER OF RECIPIENTS FOR STUDENT RESEARCH AND TRAVEL GRANTS IS ESTIMATED BASED ON THE NUMBER OF PAYEES (CASH GRANTS), AND/OR THE NUMBER OF RESEARCH PROJECTS FUNDED (CASH AND NONCASH GRANTS).

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BARBARA K ALTMANN PHD
PRESIDENT	$576,838	$0	$101,000	$0	$2,007	$0	$61,000	$0	$45,833	$0	$786,678	$0	$0	$0
CAMERON B WESSON
PROV. & DEAN OF THE FAC. (RES. 6/30)	$304,422	$0	$1,000	$0	$0	$0	$30,805	$0	$15,164	$0	$351,391	$0	$0	$0
MARGARET HAZLETT
VP & DEAN OF STUD. AFF. (RES. 5/23)	$214,407	$0	$1,000	$0	$32,000	$0	$22,061	$0	$24,964	$0	$294,432	$0	$0	$0
MATTHEW K EYNON
VP COLLEGE ADVANCEMENT (RES. 6/22)	$150,826	$0	$98,111	$0	$1,583	$0	$12,836	$0	$13,165	$0	$276,521	$0	$0	$0
V LATOSHA DEXTER
GENERAL COUNSEL	$273,958	$0	$1,000	$0	$0	$0	$0	$0	$462	$0	$275,420	$0	$0	$0
CYNTHIA GORMAN
VP FOR COLLEGE ADVANCEMENT	$234,471	$0	$6,242	$0	$0	$0	$23,438	$0	$9,406	$0	$273,557	$0	$0	$0
JIMMIE A FOSTER
VP FOR ENROLLMENT MANAG (RES. 6/30)	$220,454	$0	$1,000	$0	$0	$0	$22,725	$0	$22,802	$0	$266,981	$0	$0	$0
CARRIE E RAMPP
VP & CHIEF INFORMATION OFFICER	$206,169	$0	$1,000	$0	$0	$0	$20,907	$0	$15,658	$0	$243,734	$0	$0	$0
BARBARA S STAMBAUGH
VP FOR COMMUNICATIONS	$211,814	$0	$1,000	$0	$0	$0	$21,210	$0	$9,221	$0	$243,245	$0	$0	$0
ALAN CANIGLIA
VP FOR STRATEGIC INITIATIVES	$195,958	$0	$1,000	$0	$0	$0	$20,931	$0	$13,987	$0	$231,876	$0	$0	$0
MICHAEL J TODD
VP FINANCE & ADMINIST. (RES. 6/22)	$191,460	$0	$0	$0	$0	$0	$16,500	$0	$11,169	$0	$219,129	$0	$0	$0
MALCOLM GREEN HAYNES
AVP OF FINANCE	$194,958	$0	$1,000	$0	$0	$0	$0	$0	$15,194	$0	$211,152	$0	$0	$0
GRETCHEL L HATHAWAY
VP-DIVERSITY, EQUITY, INCLUSION	$181,509	$0	$1,000	$0	$0	$0	$18,180	$0	$8,976	$0	$209,665	$0	$0	$0
ALAN S GLAZER
PROFESSOR OF BUSINESS	$179,222	$0	$1,000	$0	$0	$0	$18,909	$0	$8,424	$0	$207,555	$0	$0	$0
BETH L THRONE
AVP STUDENT & POST-GRAD. DEVEL.	$181,173	$0	$3,000	$0	$0	$0	$18,120	$0	$432	$0	$202,725	$0	$0	$0
KIRK MILLER
PROFESSOR OF GOVERNMENT	$157,370	$0	$1,000	$0	$0	$0	$16,575	$0	$13,441	$0	$188,386	$0	$0	$0
DOROTHY J MERRITTS
PROFESSOR OF CHEMISTRY	$156,824	$0	$1,765	$0	$0	$0	$7,923	$0	$15,693	$0	$182,205	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

PRESIDENT - COLLEGE OWNED PROPERTY HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND IS A CONDITION OF EMPLOYMENT. CUSTODIAL SERVICES ARE PROVIDED TO MAINTAIN AND REFRESH THE PROPERTY FOR COLLEGE EVENTS AND ACTIVITIES HELD AT THE RESIDENCE. THE HOUSING AND CUSTODIAL SERVICES ARE NOT INCLUDED IN TAXABLE COMPENSATION. THE COLLEGE REIMBURSES BUSINESS EXPENSES. THESE REIMBURSEMENTS ARE NOT INCLUDED IN TAXABLE COMPENSATION TO THE EXTENT THAT THEY ARE USED FOR BUSINESS PURPOSES. TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. A COLLEGE LEASED VEHICLE IS PROVIDED FOR TRAVEL RELATED ACTIVITIES. THE VEHICLE IS USED ONLY FOR BUSINESS PURPOSES. VP OF COLLEGE ADVANCEMENT - THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES BUSINESS EXPENSES. THESE REIMBURSEMENTS ARE NOT INCLUDED IN TAXABLE COMPENSATION. TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. DEAN OF STUDENT AFFAIRS: COLLEGE-OWNED HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND IS A CONDITION OF EMPLOYMENT.

PART I, LINE 7

THE COMPENSATION COMMITTEE, FOLLOWING THE RECOMMENDATION OF THE PRESIDENT, ESTABLISHES APPROPRIATE BONUS COMPENSATION, IF ANY, FOR SENIOR OFFICERS. THIS DETERMINATION IS MADE USING BOTH FINANCIAL AND NON-FINANCIAL MEASURES, SUCH AS PERFORMANCE REVIEWS, APPLICABLE EMPLOYMENT AGREEMENTS, AND OTHER FACTORS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
LANCASTER HIGHER EDUCATION AUTHORITY
A	232224897	2016-01-27	$70,000,000	REFINANCE 5/1/2006 ISSUE AND FINANCING NEW STADIUM	0	0	0
LANCASTER HIGHER EDUCATION AUTHORITY
B	232224897	2016-09-22	$32,830,000	REFINANCE 6/19/2008 BOND ISSUE	Yes (1)	0	0
LANCASTER HIGHER EDUCATION AUTHORITY
C	232224897	2018-01-17	$25,000,000	FINANCE APPROVED CAPITAL PROJECT	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Bond DefeasedBondDefeasedAmt	UnspentUnspentAmt
A	$17,720,000	$70,000,000	$527,626	$159,025	$19,382,409	$50,000,000	2019	Yes (1)	0	Yes (1)	Yes (1)
B	$2,425,000	$32,830,000		$164,165			2017	0	Yes (1)	Yes (1)	Yes (1)	$30,000,000	$7,147
C	$11,348,000	$25,000,000		$150,223	$24,849,777		2020	0	0	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	14	ContributionCnt
Noncash Contributions Rpt F990	$1,205,440	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	70	ContributionCnt
Noncash Contributions Rpt F990	$974,541	NoncashContributionsRptF990Amt
Method Of Determining Revenues	NYSE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	EVENT EXPENSE	10	$10,136	PURCHASE PRICE
Yes (X)	FURNITURE	2	$700	PURCHASE PRICE

Field	Value	IRS element (for citing)
Form8283 Received	4	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (B):	THE NUMBER OF CONTRIBUTIONS IN COLUMN B REPRESENTS THE FOLLOWING: THE NUMBER FOR ART OBJECTS AND FURNITURE REPRESENTS OBJECTS RECEIVED. THE EVENT EXPENSE REPRESENTS THE NUMBER OF EVENTS SUPPORTED. THE NUMBER OF STOCK GIFTS REPRESENTS INDIVIDUAL STOCK GIFTS.
PART I, LINE 32B:	DURING ACCESSION AND DEACCESSION OF COLLECTION ITEMS, APPRAISERS AND AUCTION SERVICES MAY BE USED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1A	THE COLLEGE HAS AN EXECUTIVE COMMITTEE WHICH IS AUTHORIZED TO ACT IN PLACE OF THE FULL BOARD AT ALL TIMES. THE COMMITTEE IS COMPOSED OF 11 MEMBERS OF THE BOARD, INCLUDING THE PRESIDENT, DURING THE FISCAL YEAR.
FORM 990, PART VI, SECTION B, LINE 11B	MANAGEMENT ASSEMBLES ALL DATA NECESSARY TO COMPLETE THE FORM 990 AND ENLISTS AN OUTSIDE PUBLIC ACCOUNTING FIRM TO PREPARE AND REVIEW THE FORM. AN INTERNAL REVIEW BY THE FINANCE ADMINISTRATION IS PERFORMED ONCE THE ACCOUNTING FIRM COMPLETES ITS WORK. THE AUDIT COMMITTEE NEXT REVIEWS THE RETURN, AND ALL COMMENTS ARE ADDRESSED TO AND ANSWERED BY BOTH THE PUBLIC ACCOUNTING FIRM AND INTERNAL PERPARERS. ONCE ALL EXTERNAL AND INTERNAL REVIEW IS COMPLETE, A COPY OF THE FORM 990 IS SUPPLIED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE RETURN'S FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS CIRCULATED TO OFFICERS AND TRUSTEES ANNUALLY, REQUESTING A DECLARATION AND EXPLANATION OF POTENTIAL CONFLICTS WITH PROFESSIONAL AND OTHER DUTIES, INCLUDING MEMBERSHIP ON OTHER BOARDS. THE EXECUTIVE COMMITTEE OF THE BOARD MONITORS THE POLICY THROUGH THIS ANNUAL PROCESS. OFFICERS AND TRUSTEES CANNOT PARTICIPATE IN DELIBERATIONS OR ACTIONS BY THE COLLEGE WITH RESPECT TO ANY PROPOSED TRANSACTION OR RELATIONSHIP WITH RESPECT TO WHICH THE TRUSTEE OR OFFICER HAS A FINANCIAL INTEREST OR OTHER CONFLICT OF INTERETS. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED IN THE CONFLICT OF INTEREST POLICY AS BEING POSSIBLE SOURCES OF CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15	EACH YEAR, PERFORMANCE REVIEWS ARE CONDUCTED BETWEEN FEBRUARY AND MAY FOR SENIOR OFFICERS (PRESIDENT, VICE PRESIDENTS, PROVOST, AND DEAN OF THE COLLEGE). INDEPENDENTLY - GATHERED COMPARISON COMPENSATION DATA IS REVIEWED BY THE COMPENSATION COMMITTEE, AND EXECUTIVE COMPENSATION DETERMINATIONS ARE MADE BY THE COMMITTEE BASED ON PERFORMANCE AND BENCHMARK DATA THAT MAINTAIN EXECUTIVE COMPENSATION WITHIN FAIR MARKET RANGE FOR HIGHER EDUCATION. COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE COMMITTEE'S MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	CHANGES IN ANNUITY OBLIGATIONS -1,966,932. CHANGE IN CASH SURRENDER VALUE -153,265. CHANGES TO POST-RETIREMENT BENEFITS 5,714,797. GROSS UP TO CONTRIBUTIONS FOR CHANGES TO DISCOUNTS AND ALLOWANCE -473,706. ASE 113,969.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	MILLPORT CONSERVANCY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	737 E MILLPORT ROAD	AddressLine1Txt
City	LITITZ	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17543	ZIPCd

Field	Value	IRS element (for citing)
EIN	222436077	EIN
Primary Activities	NATURE PRESERVATION	PrimaryActivitiesTxt
Legal Domicile State	PA	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	PF	PublicCharityStatusTxt
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	0	ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	NW GATEWAY PROJECT	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3003	AddressLine1Txt
City	LANCASTER	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17604	ZIPCd

Field	Value	IRS element (for citing)
EIN	611625128	EIN
Primary Activities	LAND ACQUISITION	PrimaryActivitiesTxt
Legal Domicile State	PA	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Predominant Income Type	EXCLUDED	PredominantIncomeTypeTxt
Share Of EOY Assets	$15,806,187	ShareOfEOYAssetsAmt
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	Yes (1)	GeneralOrManagingPartnerInd
Ownership	0.50000	OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (18 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Address Line1ForeignAddress/AddressLine1Txt	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Direct Controlling NADirectControllingNACd
CHARITABLE REMAINDER UNITRUST (1)
INVESTMENTS	MT	FRANKLIN AND MARSHALL COLLEGE	T	0
CHARITABLE REMAINDER UNITRUST (1)
INVESTMENTS	DE	FRANKLIN AND MARSHALL COLLEGE	T	0
FOX ADELE W (CHARIT)
INVESTMENTS	PA	WILMINGTON TRUST COMPANY	T	0	C/O WILMINGTON TRUST INVESTMENT GRO	BUFFALO	NY	14240	256859971	$120,217	$1,386,284	0.76000
SPLIT INTEREST TRUST (1)
INVESTMENTS	VA	FRANKLIN AND MARSHALL COLLEGE	T	0
FRENCH MARION T
INVESTMENTS	PA	FULTON FINANCIAL ADVISORS	T	0	C/O FULTON FINANCIAL ADVISORS ONE P	LANCASTER	PA	19604	311604263	$33,038	$320,564	1.00000
CHARITABLE REMAINDER UNITRUST (1)
INVESTMENTS	FL	PNC BANK	T	0
SPLIT INTEREST TRUST (1)
INVESTMENTS	TX	FRANKLIN AND MARSHALL COLLEGE	T	0
SPLIT INTEREST TRUST (1)
INVESTMENTS	FL	FRANKLIN AND MARSHALL COLLEGE	T	0
CHARITABLE REMAINDER UNITRUST (1)
INVESTMENTS	PA	MORGAN STANLEYSMITH BARNEY	T	0
SPLIT INTEREST TRUST (1)
INVESTMENTS	MN	FRANKLIN AND MARSHALL COLLEGE	T	0
PLANK ELSIE
INVESTMENTS	PA	BNY MELLON WEALTH MGT	T	0	C/O BNY MELLON WEALTH MGMT 1735 MAR	PHILADELPHIA	PA	19103	236241620			1.00000
SPLIT INTEREST TRUST (3)
INVESTMENTS	NJ	FRANKLIN AND MARSHALL COLLEGE	T	0
WALTERS ART
INVESTMENTS	PA	PNC WEALTH MGT	T	0	PNC WEALTH MGMT 101 NORTH POINTE BL	LANCASTER	PA	17601	566624021	$334,625	$6,401,618	1.00000
ADVANCED STUDIES IN ENGLAND LTD
STUDY ABROAD			C	0						$1,099,977	$3,084,769	1.00000	2 PIERREPONT STREET	BATH	UK	UK	N/A
SPLIT INTEREST TRUST (1)
INVESTMENTS	NC	FRANKLIN AND MARSHALL COLLEGE	T	0
SPLIT INTEREST TRUST (1)
INVESTMENTS	WA	FRANKLIN AND MARSHALL COLLEGE	T	0
SPLIT INTEREST TRUST (23)
INVESTMENTS	PA	FRANKLIN AND MARSHALL COLLEGE	T	0
SPLIT INTEREST TRUST (1)
INVESTMENTS	NJ	FRANKLIN AND MARSHALL COLLEGE	T	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd