2011-05-12T11:21:47-05:00 2010-06-30 KPMG LLP 1676 International Drive McLean VA 22102 990 2009-07-01 231352635 Franklin & Marshall College FRAN 7172913925 PO Box 3003 Lancaster PA 176043003 Helen Y Bowman 7173584756 2011-05-12 true 7032868000 2009 2016-02-24 21:20:13Z Daniel R Porterfield PhD PO Box 3003 LANCASTER PA 176043003 254671373 false X WWW.FANDM.EDU X 1787 PA FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL EDUCATION. (SEE FULL MISSION STATEMENT ATTACHED ON SCHEDULE O.) 49 46 2314 1770 233530 -45781 21362745 24592430 102327920 109057162 -19185963 6163831 4138333 1772856 108643035 141586279 22486156 25511634 0 0 57360664 58888352 0 0 5135818 47156695 46844120 127003515 131244106 -18360480 10342173 568413985 601307900 173671496 171980295 394742489 429327605 FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL EDUCATION. (SEE FULL MISSION STATEMENT ATTACHED ON SCHEDULE O.) false false 38079877 27084 90801842 INSTRUCTION. THE COLLEGE GRANTS BACHELOR OF ARTS DEGREES. TOTAL FULL-TIME ENROLLMENT OF THE COLLEGE WAS APPROXIMATELY 2,132 STUDENTS. 472 STUDENTS GRADUATED IN MAY 2010. 25993480 25091439 54115 FINANCIAL AID. APPROXIMATELY 63% OF STUDENTS RECEIVED SOME FORM OF FINANCIAL AID DURING THE 2009-2010 SCHOOL YEAR. 13565919 292296 9052 STUDENT SERVICES. THE COLLEGE PROVIDES SERVICES SUCH AS AN INFIRMARY, COUNSELING, CAREER SERVICES, AND STUDENT ACTIVITIES TO EACH STUDENT. 22146720 100815 18209551 99785996 true true false true false false true true true true false true true false true false true false false false false true true true true false false false false false false true false true true true true false false false true true false false true 589 0 true 2314 true true true true UK false false false false true 1 false false 49 46 true false false false false false false true true false false true true true true true true true true true false PA X GREGORY L FULMER 7173584794 645 RACE AVE LANCASTER PA 17603 REED D AUERBACH 2.0 X 0 0 0 PAMELA G BAILEY 2.0 X 0 0 0 THOMAS E BEEMAN 2.0 X 0 0 0 LAWRENCE I BONCHEK 4.0 X 0 0 0 STANLEY M BRAND ESQ 2.0 X 0 0 0 ROBERT J BROOKS SR 4.0 X 0 0 0 JOHN F BURNESS 4.0 X 0 0 0 DANIEL B BURTON 4.0 X X 0 0 0 ROBERT D CARL III 4.0 X 0 0 0 STANLEY V CHESLOCK JR 2.0 X 0 0 0 RONALD M DRUKER 4.0 X 0 0 0 KENNETH M DUBERSTEIN 2.0 X 0 0 0 DR STANLEY J DUDRICK 2.0 X 0 0 0 DAVID L ELGART 2.0 X 0 0 0 ROBERT L FREEDMAN 2.0 X 0 0 0 DALE F FREY 4.0 X X 0 0 0 JOHN A FRY 60.0 X X 525367 0 349220 RICHARD M FULLER 2.0 X 0 0 0 JOHN H GLICK MD 2.0 X 0 0 0 WILLIAM H GRAY III 2.0 X 0 0 0 BRIAN HARD 4.0 X 0 0 0 PATRICIA E HARRIS 2.0 X 0 0 0 BRETT S HARWOOD 2.0 X 0 0 0 SUSAN K KLEHR 4.0 X 0 0 0 ANTHONY I KREISEL 4.0 X 0 0 0 BARRY S LAFER ESQ 4.0 X 0 0 0 STANLEY L LEVIN 2.0 X 0 0 0 LES J LIEBERMAN 2.0 X 0 0 0 ARTHUR J MACBRIDE III 2.0 X 0 0 0 PATRICIA A MCCONNELL 2.0 X 0 0 0 DOUGLAS J MCCORMACK ESQ 4.0 X 0 0 0 KENNETH B MEHLMAN 2.0 X 0 0 0 ERIC W NOLL 2.0 X 0 0 0 RAYMOND A SANSEVERINO ESQ 2.0 X 0 0 0 EDWARD M SATELL 2.0 X 0 0 0 LAURENCE A SHADEK 4.0 X 0 0 0 HENRY B DUP SMITH 4.0 X 0 0 0 ROBERT H SMITH 4.0 X 0 0 0 WILEY W SOUBA MD 2.0 X 0 0 0 ANDREW P STEFFAN 4.0 X 0 0 0 H ART TAYLOR ESQ 2.0 X 0 0 0 PAUL W WARE 4.0 X 0 0 0 SUSAN L WASHBURN 2.0 X 0 0 0 COLLEEN R WEIS 2.0 X 0 0 0 BENJAMIN J WINTER 4.0 X 0 0 0 FRANCES D WOLF 4.0 X 0 0 0 W KIRK WYCOFF 2.0 X 0 0 0 LINDA YARDEN 2.0 X 0 0 0 DONALD R ZIEGLER 4.0 X X 0 0 0 KEITH ORRIS 60.0 X 215444 0 69178 LEWIS E THAYNE 60.0 X 227482 0 79335 ANN STEINER 60.0 X 199878 0 101997 HELEN Y BOWMAN 60.0 X 203937 0 75850 KENT TRACHTE 60.0 X 180549 0 54398 NANCY COLLINS 60.0 X 169606 0 52363 SARA HARBERSON 60.0 X 154645 0 34544 RICHARD A FLUCK 40.0 X 167574 0 40213 MARIANNE L KELLY 40.0 X 161504 0 35994 D GRIER STEPHENSON 40.0 X 157726 0 39225 STANLEY A MERTZMAN 40.0 X 158624 0 34122 ALAN S CANIGLIA 40.0 X 147882 0 48345 THOMAS J KINGSTON JR X 367880 0 9285 3038098 0 1024069 69 true true false TURNER CONSTRUCTION COMPANY 1835 MARKET ST 21ST FL PHILADELPHIA PA 19103 GEN MGR-CONSTRUCTION 5714048 SODEXO INC AND AFFILIATES 4880 PAYSHERE CIRCLE CHICAGO IL 60674 FOOD SVCS MGMT 5175128 ARAMARK 135 NEW ROAD PO BOX 33170 NEWARK NJ 07188 JANITORIAL SVCS 1687201 JAMES STREET HOUSING LP 595 EAST LANCASTER AVENUE 203 ST DAVIDS PA 19087 HOUSING RENTAL 1507283 ROBERT A M STERN ARCHITECTS 460 WEST 34TH STREET NEW YORK NY 10001 ARCHITECTS 2198556 42 0 5700305 18892125 2611177 24592430 TUITION AND FEES 900099 90801842 90801842 AUXILIARY OPERATIONS 721310 17994634 17407123 233530 353981 COMPUTER STORE 900099 206571 206571 STUDENT LOAN INCOME 900099 54115 54115 109057162 4721448 4721448 61270 61270 823 823 192808 59992 132816 132816 132816 114365725 40490 112961102 64000 1404623 -23510 1381113 1381113 0 0 0 PROJECT REIMBURSEMENTS 900099 391358 391358 RESEARCH 900099 537354 537354 MISCELLANEOUS 900099 375344 375344 335161 152987 182174 1639217 141586279 108807425 233530 7952894 65125 65125 20546952 20546952 4899557 4899557 0 2660118 471167 1598086 590865 50081 39628 10453 40626717 32005779 6490412 2130526 4404441 3382473 766583 255385 8095833 6585757 1031945 478131 3051162 2249804 622387 178971 0 321895 321895 102650 102650 0 0 940155 940155 5064930 1611769 3160487 292674 24310 15348 8962 3161215 1791129 1071921 298165 1687219 295394 1378545 13280 0 5053169 2732696 2320473 2164945 1842337 162744 159864 0 2983 2983 6460684 3873680 2583237 3767 0 6020405 4809352 859449 351604 389486 188406 201080 FOOD SERVICE 4801021 4555806 71080 174135 REPAIRS & EQUIPMENT MAINT 2251261 747268 1502865 1128 EQUIPMENT & BOOKS 2292966 2164146 121485 7335 OFF CAMPUS PROGRAMS 3260739 3260739 MISCELLANEOUS EXPENSES 730820 141470 543256 46094 2113267 1546859 422967 143441 131244106 99785996 26322292 5135818 91656 90740 34938296 33765801 25066414 23432471 3556661 2175902 1592917 1340843 270105329 62938549 198891027 207166780 135207639 137357931 144788189 177769211 5357842 14392614 18923344 3815607 568413985 601307900 6730880 7557263 12784992 13309719 110335527 106562574 3821225 3462258 39998872 41088481 173671496 171980295 X 199030773 224720710 115923345 118166389 79788371 86440506 394742489 429327605 568413985 601307900 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 156000 156000 false SCHEDULE C, PART II-B, LINE 1I CONSULTING SERVICES TO OBTAIN PENNSYLVANIA STATE AND FEDERAL GOVERNMENT FUNDS FOR LAND USE AND DEVELOPMENT. X X X X false false true 218624340 9166653 24698126 4237472 11710606 1105951 235435090 298851446 1213383 -63623736 4525919 12139342 1151492 218624340 0.39910 0.60090 false false 13047863 13047863 1046836 201140284 38208195 163978925 39392376 23682724 15709652 15477970 1047630 14430340 207166780 ABSOLUTE RETURN 59113936 F US EQUITIES 38969643 F NON-US EQUITIES 28077569 F PRIVATE EQUITY 24834142 F REAL ASSETS 15134151 F BENEFICIAL INTEREST IN PERP 11639770 F 177769211 0 POSTRETIREMENT BENEFIT OBLIGAT 22089262 ANNUITY OBLIGATIONS 12570391 FIN 47 OBLIGATION 6421328 MORTGAGE GUARANTEE 7500 41088481 PART III, LINE 1A - TERMS FOR NOT REPORTING ASSETS PER SFAS 116 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 THE ITEMS IS CATALOGUED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTION'S INSURANCE - APPRAISED VALUE IS APPROXIMATELY $7,486,000. (NOTE: THE VALUE IS $7,206,782 FOR THE COLLEGE ALONE.) THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION IN ACCORDANCE WITH ACCOUNTING GUIDELINES. PURCHASES OF COLLECTION ITEMS 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 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 DEACCESSED DURING 2010 OR 2009. PART III, LINE 4 - COLLECTIONS AND RELATION TO EXEMPT PURPOSE 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 - ESCROW LIABILITY ARRANGEMENT EXPLANATION THESE FUNDS ARE DEPOSITS HELD IN CUSTODY FOR OTHERS, FRANKLIN & MARSHALL ACTING AS AGENT. PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS OF THE TOTAL ENDOWMENT, 27% IS INTENDED FOR STUDENT AID, 21% FOR GENERAL UNRESTRICTED PURPOSES, 17% FOR OPERATIONS AND MAINTENANCE, 15% FOR INSTRUCTION, AND THE REMAINDER FOR MISCELLANEOUS RESTRICTED PURPOSES. PART X, LINE 2 - TEXT OF FIN 48 FOOTNOTE THE COLLEGE ACCOUNTS FOR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH ASC 740, INCOME TAXES. THE COLLEGE DOES NOT BELIEVE THAT THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS THAT SHOULD BE RECORDED. true true true THE COLLEGE COMPLIES WITH SECTION 4.03 BECAUSE A) STUDENTS ARE DRAWN FROM A LARGE GEOGRAPHIC AREA, AND B) THE COLLEGE COMPLIES WITH SECTION 4.02 REQUIREMENTS. true true true true false false false false false false false false true false 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. THE COMMONWEALTH OF PENNSYLVANIA ANNUALLY PROVIDES AN INSTITUTIONAL ASSISTANCE GRANT TO THOSE INSTITUTIONS WHO DO NOT RECEIVE FUNDING FROM THE STATE VIA BUDGET APPROPRIATION. THIS GRANT IS BASED ON THE TOTAL NUMBE OF STUDENTS RECEIVING STATE HIGHER EDUCATION GRANTS. true true Central America and the Caribbean Program Services ADMIS RECRUITMENT 3560 East Asia and the Pacific Program Services ADMIS RECRUITMENT 8900 Europe (Including Iceland and Greenland) Program Services ADMIS RECRUITMENT 400 Middle East and North Africa Program Services ADMIS RECRUITMENT 7120 North America Program Services ADMIS RECRUITMENT 3645 Russia and the Newly Independent States Program Services ADMIS RECRUITMENT 1780 South America Program Services ADMIS RECRUITMENT 5340 South Asia Program Services ADMIS RECRUITMENT 3560 Europe (Including Iceland and Greenland) Program Services ALUMNI SERVICES 214 Central America and the Caribbean Program Services INVESTMENTS 0 Europe (Including Iceland and Greenland) Program Services PROGRAM DEVELOPMENT 2691 East Asia and the Pacific Program Services RESEARCH 5946 Europe (Including Iceland and Greenland) Program Services RESEARCH 2649 Sub-Saharan Africa Program Services SOCCER PROJECT 24893 Central America and the Caribbean Program Services STUDY-ABROAD FEES 108734 East Asia and the Pacific Program Services STUDY-ABROAD FEES 467209 Europe (Including Iceland and Greenland) Program Services STUDY-ABROAD FEES 2337855 Middle East and North Africa Program Services STUDY-ABROAD FEES 146869 Russia and the Newly Independent States Program Services STUDY-ABROAD FEES 9817 South America Program Services STUDY-ABROAD FEES 115250 South Asia Program Services STUDY-ABROAD FEES 12480 Sub-Saharan Africa Program Services STUDY-ABROAD FEES 127243 Central America and the Caribbean Grantmaking 185511 East Asia and the Pacific Grantmaking 2095127 Europe (Including Iceland and Greenland) Grantmaking 577579 Middle East and North Africa Grantmaking 180809 North America Grantmaking 583 Russia and the Newly Independent States Grantmaking 83574 South America Grantmaking 205145 South Asia Grantmaking 825768 Sub-Saharan Africa Grantmaking 745461 8295712 STUDENT SCHOLARSHIPS Cent. America/Caribbean 4 145961 REDUCTION TO BOOK STUDENT SCHOLARSHIPS East Asia/Pacific 71 1786080 REDUCTION TO BOOK STUDENT SCHOLARSHIPS Europe/Iceland/Greenland 18 457887 REDUCTION TO BOOK STUDENT SCHOLARSHIPS Middle East/North Africa 5 155172 REDUCTION TO BOOK STUDENT SCHOLARSHIPS Russia 2 75574 REDUCTION TO BOOK STUDENT SCHOLARSHIPS South America 5 174895 REDUCTION OF BOOK STUDENT SCHOLARSHIPS South Asia 25 730904 REDUCTION TO BOOK STUDENT SCHOLARSHIPS Sub-Saharan Africa 19 623416 REDUCTION TO BOOK STUDENT LOANS Cent. America/Caribbean 4 12000 REDUCTION TO BOOK STUDENT LOANS East Asia/Pacific 65 235181 REDUCTION TO BOOK STUDENT LOANS Europe/Iceland/Greenland 15 54250 REDUCTION TO BOOK STUDENT LOANS Middle East/North Africa 5 12337 REDUCTION TO BOOK STUDENT LOANS Russia 1 3000 REDUCTION TO BOOK STUDENT LOANS South America 5 16500 REDUCTION TO BOOK STUDENT LOANS South Asia 24 92850 REDUCTION TO BOOK STUDENT LOANS Sub-Saharan Africa 18 71000 REDUCTION TO BOOK STUDENT RESEARCH AND TRAVEL GRANTS Cent. America/Caribbean 8 7500 CHECKS 20050 PAYMENTS OF COST STUDENT RESEARCH AND TRAVEL GRANTS East Asia/Pacific 15 14166 CHECKS 59700 PAYMENTS TO COST STUDENT RESEARCH AND TRAVEL GRANTS Europe/Iceland/Greenland 22 24992 CHECKS 40450 PAYMENTS TO COST STUDENT RESEARCH AND TRAVEL GRANTS North America 1 583 CHECKS STUDENT RESEARCH AND TRAVEL GRANTS Middle East/North Africa 3 200 CHECKS 13100 PAYMENTS TO COST STUDENT RESEARCH AND TRAVEL GRANTS Russia 1 1135 CHECKS 3865 PAYMENTS TO COST STUDENT RESEARCH AND TRAVEL GRANTS South America 4 13750 PAYMENTS TO COST STUDENT RESEARCH AND TRAVEL GRANTS South Asia 2 2014 CHECKS STUDENT RESEARCH AND TRAVEL GRANTS Sub-Saharan Africa 11 1000 CHECKS 50045 PAYMENTS TO COST SCHEDULE F, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS STUDENT SCHOLARSHIPS AND LOANS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. TRAVEL AND STUDENT RESEARCH GRANTS REQUIRE SUBSTANTIATION. SCHEDULE F, PART I, LINE 3, COLUMN F TOTAL EXPENDITURES FOR REGION EXPENDITURES ARE REPORTED BASED ON THE COLLEGE'S ACCRUAL METHOD OF ACCOUNTING. SCHEDULE F, PART III ACCOUNTING FOR CASH AND NONCASH ASSISTANCE PAYMENTS/REIMBURSEMENTS MADE DIRECTLY TO RECIPIENTS ARE CONSIDERED CASH ASSISTANCE. PAYMENTS TO VENDORS TO BENEFIT RECIPIENTS, OR THE PURCHASE OF NONCASH ITEMS TO BE GIVEN TO RECIPIENTS ARE CONSIDERED NONCASH ASSISTANCE. SCHEDULE F, PART III, COLUMN C NUMBER OF RECIPIENTS THE NUMBER OF RECIPIENTS FOR STUDENT SCHOLARSHIPS AND STUDENT LOANS IS BASED ON FINANCIAL AID RECORDS OF RECIPIENTS. 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). true FULTON THEATRE PO BOX 1865 LANCASTER PA 176081865 231631733 501(c)(3) 12500 BOOK STAGE PRODUCTION LANCASTERARTS 202 N Prince St Lancaster PA 17603 261313073 501(c)(3) 20000 BOOK GENERAL SUPPORT US PRO SQUASH 19 Tech Circle NATICK MA 01760 271243400 (FOR PROFIT) 13350 BOOK TOURNAMENT SPONSORSHIP 2 1 STUDENT SCHOLARSHIPS 1041 339 20374343 BOOK REDUCED TUITION/FEES PRIZES AND AWARDS 239 83071 18163 COST NONCASH PRIZES STUDENT RESEARCH AND TRAVEL GRANTS 62 51877 19159 COST SUPPLIES, TRAVEL ARR PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS STUDENT SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. TRAVEL & STUDENT RESEARCH GRANTS REQUIRE SUBSTANTIATION. PART III - ACCOUNTING FOR CASH AND NONCASH ASSISTANCE PAYMENTS/REIMBURSEMENTS DIRECTLY TO RECIPIENTS ARE CONSIDERED CASH ASSISTANCE. PAYMENTS TO VENDORS TO BENEFIT 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). X X X X true true X X X false true false false false false false false false JOHN A FRY 433455 0 60000 0 31912 0 200908 0 148312 0 874587 0 0 0 KEITH ORRIS 207608 0 0 0 7836 0 48418 0 20760 0 284622 0 0 0 LEWIS E THAYNE 226786 0 0 0 696 0 48679 0 30656 0 306817 0 0 0 ANN STEINER 199460 0 0 0 418 0 42050 0 59947 0 301875 0 0 0 HELEN Y BOWMAN 183602 0 20000 0 335 0 47637 0 28213 0 279787 0 0 0 KENT TRACHTE 180158 0 0 0 391 0 38496 0 15902 0 234947 0 0 0 NANCY COLLINS 169247 0 0 0 359 0 31012 0 21351 0 221969 0 0 0 RICHARD A FLUCK 167574 0 0 0 0 0 25699 0 14514 0 207787 0 0 0 MARIANNE L KELLY 161254 0 0 0 250 0 24356 0 11638 0 197498 0 0 0 D GRIER STEPHENSON 157726 0 0 0 0 0 24242 0 14983 0 196951 0 0 0 STANLEY A MERTZMAN 155844 0 0 0 2780 0 23610 0 10512 0 192746 0 0 0 ALAN S CANIGLIA 145382 0 2500 0 0 0 22703 0 25642 0 196227 0 0 0 THOMAS J KINGSTON JR 0 0 0 0 367880 0 0 0 9285 0 377165 0 347404 0 SARA HARBERSON 144541 0 10000 0 104 0 31900 0 2644 0 189189 0 0 0 PART I, LINE 4 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE COLLEGE'S IRC SECTION 457(F) PLAN DURING THE REPORTING YEAR: JOHN FRY FY09 $40,000 HELEN BOWMAN FY10 $19,055 NANCY COLLINS FY10 $10,000 SARA HARBERSON FY10 $14,500 THOMAS KINGSTON FY10 $366,928 KEITH ORRIS FY10 $15,000 ANN STEINER FY10 $10,000 LEWIS THAYNE FY10 $11,625 KENT TRACHTE FY10 $10,000 THE AMOUNTS FOR ALL OF THE INDIVIDUALS ABOVE EXCEPT THOMAS KINGSTON WERE ACCRUED DURING THE YEAR. MR. KINGSTON RECEIVED 457(F) PAYMENTS IN THE AMOUNT OF $366,928 IN CALENDAR YEAR 2009. SCHEDULE J, PART III PRESIDENT - HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGE IN COLLEGE-OWNED PROPERTY. PERSONAL SERVICES FOR MAID/CLEANING SERVICES ARE PAID TO MAINTAIN AND REFRESH THE PROPERTY FOR COLLEGE EVENTS AND ACTIVITIES HELD AT THE RESIDENCE. THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND BUSINESS EXPENSES. COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. EDUCATIONAL BENEFITS ARE INCLUDED IN NONTAXABLE BENEFITS. VP OF FINANCE - THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND BUSINESS EXPENSES. VP FOR COLLEGE COMMUNICATIONS - COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. VP FOR ADMINISTRATIVE SERVICES & EXTERNAL AFFAIRS - THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND BUSINESS EXPENSES. COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. PROVOST & DEAN OF THE FACULTY - HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE COLLEGE IN COLLEGE-OWNED PROPERTY. PERSONAL SERVICES FOR MAID/CLEANING SERVICES ARE PAID TO MAINTAIN AND REFRESH THE PROPERTY FOR COLLEGE EVENTS AND ACTIVITIES HELD AT THE PROPERTY. COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. EDUCATIONAL BENEFITS ARE INCLUDED IN NONTAXABLE BENEFITS. VP FOR COLLEGE ADVANCEMENT - THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND BUSINESS EXPENSES. COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. DEAN OF THE COLLEGE - COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. SENIOR ASSOCIATE DEAN OF THE COLLEGE/VICE PROVOST FOR PLANNING & INSTITUTIONAL RESEARCH - EDUCATIONAL BENEFITS ARE INCLUDED IN NONTAXABLE BENEFITS. PROFESSOR EARTH & ENVIRONMENT - EDUCATIONAL BENEFITS ARE INCLUDED IN NONTAXABLE BENEFITS. Lancaster Higher Education Authority 232224897 514328EE9 2003-01-29 9699267 REFUND 5/4/1993 ISSUE false false Lancaster Higher Education Authority 232224897 514328FB4 2003-10-10 25328226 REFUND 4/11/2002 ISSUE false false Lancaster Higher Education Authority 232224897 514328FY4 2006-05-01 56364018 MULTIPLE - SEE SCHEDULE O false false Lancaster Higher Education Authority 232224897 514328GB3 2008-06-19 29891597 MULTIPLE - SEE SCHEDULE O false false 9721635 0 0 0 199410 0 0 2003 true false true true 25338267 0 0 0 324761 0 0 2003 true false true true 57165704 0 0 0 598639 0 22802032 2007 true false true true 30115035 0 0 331975 439501 0 28671865 false false false false true false false false 0.03480 0.00000 0.03480 true false false false false false 0.00000 0.00000 0.00000 true false false false false false true false false false false false true false false false false false true false false false false false true CARA FRY FAMILY OF PRES 41813 EMPLOYEE COMPENSATION false THE PHILLIPS GROUP CEO IS FMR TRUSTEE 508146 PURCHASES, ETC. false X 282 SEE PART II X 0 N/A X 90 2228039 FAIR VALUE X 1 20500 SELLING PRICE X 4 325198 FAIR VALUE X ARCHIVAL RECORDS 1 0 SEE PART II X MUSICAL INSTRUMENTS 2 37440 FAIR VALUE X EVENT TICKETS 12 0 0 6 false true true SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS IS COMPRISED OF THE NUMBER OF ITEMS RECEIVED, EXCEPT FOR ARCHIVAL RECORDS AND CERTAIN ART CONTRIBUTIONS WHICH CONSISTED OF A GROUP OF WORKS AND WERE COUNTED AS A SINGLE CONTRIBUTION. SCHEDULE M, PART I, LINE 32B THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS A THIRD PARTY IS USED TO PROCESS AND SELL CONTRIBUTIONS OF SECURITIES. DURING ACCESSION AND DEACCESSION OF COLLECTION ITEMS, APPRAISERS AND AUCTION SERVICES HAVE BEEN USED. SCHEDULE M, PART I, LINE 33 EXPLANATION FOR NOT REPORTING REVENUE THE COLLEGE DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OF COLLECTION ITEMS BECAUSE COLLECTIONS ARE NOT CAPITALIZED AS ALLOWED UNDER SFAS 116. FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL 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. FORM 990, PART III, LINE 4D - ALL OTHER ACHIEVEMENTS AUXILIARY OPERATIONS, ACADEMIC SUPPORT, RESEARCH, PUBLIC SERVICE, AND INSTITUTIONAL SUPPORT. FORM 990, PART VI, LINE 1A - EXECUTIVE COMMITTEE THE COLLEGE HAS AN EXECUTIVE COMMITTEE WHO IS AUTHORIZED TO ACT IN PLACE OF THE FULL BOARD AT ALL TIMES. IT WAS COMPOSED OF 19 MEMBERS OF THE BOARD, INCLUDING THE PRESIDENT, DURING FISCAL YEAR 2010. FORM 990, PART VI, LINE 2 -BUSINESS RELATIONSHIPS BOARD MEMBERS ROBERT J. BROOKS, SR., AND ERIC W. NOLL, (NASDAQ OMX, EXECUTIVE VICE PRESIDENT OF TRANSACTION SERVICES) FORM 990, PART VI, LINE 11A - REVIEW OF FORM 990 THE COMPENSATION COMMITTEE PERFORMED A DETAILED REVIEW OF THE COMPENSATION SECTIONS OF FORM 990 (PART VII AND SCHEDULE J) IN FEBRUARY 2011 BEFORE THE RETURN WAS GIVEN TO EXTERNAL AUDITORS/TAX PREPARERS IN MARCH 2011 FOR A DETAILED REVIEW. CHANGES WERE MADE BASED ON THEIR RECOMMENDATIONS AND THE REVISED FORM 990 WAS SENT TO MANAGEMENT IN APRIL 2011 FOR REVIEW. THE RETURN WAS THEN FORWARDED TO THE AUDIT COMMITTEE AND BOARD OF TRUSTEES FOR FINAL REVIEW AND QUESTIONS. FORM 990, PART VI, LINE 12C ENFORCEMENT OF CONFLICT OF INTEREST POLICY 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. 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 INTEREST. FORM 990, PART VI, LINE 15A & 15B COMPENSATION PROCESS FOR TOP OFFICIAL AND SENIOR OFFICERS 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. COMPENSATION DECISIONS ARE DOCUMENTED IN THE COMMITTEE'S MEETING MINUTES. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE COLLEGE'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A AVERAGE HOURS PER WEEK TRUSTEE HOURS ARE AN ESTIMATE OF TIME SPENT BY TRUSTEE BASED ON POSITION AS A COMMITTEE CHAIR OR COMMITTEE MEMBER. HOURS VARY FROM WEEK TO WEEK DEPENDING ON ACTIVITY SCHEDULES. FORM 990, PART X, LINES 13 & 27 RESTATEMENT OF PRIOR YEAR BALANCES CERTAIN BALANCES AT JULY 1, 2009 HAVE BEEN RESTATED AS FOLLOWS: INVESTMENTS - PROGRAM-RELATED HAS DECREASED BY $371,842, AND UNRESTRICTED NET ASSETS DECREASED BY $371,842. SCHEDULE E, LINE 2 CLARIFICATION OF RACIALLY NONDISCRIMINATORY POLICY STMT. ON PUBLICATIONS A RACIALLY NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED ON SUBSTANTIALLY ALL MATERIAL AND SPECIFICALLY ALL MATERIAL THAT MATTERS (E.G., WEBSITE, ADMISSIONS, SCHOLARSHIP, PROGRAM BROCHURES). IN THE CURRENT PROCESS OF UPDATING PUBLICATIONS, THIS STATEMENT WILL BE ADDED TO ANY ADDITIONAL MAJOR ITEM THAT DOES NOT CURRENTLY INCLUDE IT. SCHEDULE K, PART I, COLUMN F DESCRIPTION OF BOND ISSUE PURPOSE BOND ISSUE C. REFUND 6/15/1997 ISSUE, LIFE SCIENCE BUILDING PROJECT, AND ARMSTRONG PROJECT. BOND ISSUE D. NEW RESIDENCE HALL PROJECT, HARRIS CENTER PROJECT, KLEHR CENTER PROJECT, NORFOLK SOUTHERN PROJECT, AND OTHER MISCELLANEOUS CAPITAL IMPROVEMENTS TO EXISTING FACILITIES. SCHEDULE K, PART II, LINE 5 AMOUNT OF CREDIT ENHANCEMENT FEES WITHIN ISSUANCE COSTS BOND ISSUE A. NONE. BOND ISSUE B. NONE. BOND ISSUE C. NONE. BOND ISSUE D. NONE. SCHEDULE R, PART V, LINE 2(4) ADDITIONAL INFORMATION THE $132,570 TRANSFERRED TO ADVANCED STUDIES IN ENGLAND LTD. WAS AN ORDINARY BUSINESS TRANSACTION FOR STUDY ABROAD FEES OF THE COLLEGE'S STUDENTS STUDYING IN ENGLAND. MILLPORT CONSERVANCY 737 E MILLPORT ROAD LITITZ PA 175439246 222436077 NATURE PRESER PA 501(c)(3) PF NA NW GATEWAY PROJECT PO Box 3003 Lancaster PA 176023003 611625128 Land acquisition PA NA Excluded 785 8750301 false true Advanced Studies in England Ltd 2 Pierrepont Street Bath UK BA1 1LB Study Abroad UK NA C Corp 1669134 1900270 1.00000 false true false false false false false false false false true false true true false false true false ADVANCED STUDIES IN ENGLAND LTD Q 132570 (SEE SCHEDULE O FOR EXPLANATION)