2014-05-05T15:52:43-05:00 2013-06-30 KPMG LLP 1676 International Drive McLean VA 22102 990 2012-07-01 231352635 FRANKLIN & MARSHALL COLLEGE % KATHRYN ELLIEHAUSEN-SLOBOZIE FRAN 7172913925 PO BOX 3003 Suite LANCASTER PA 176043003 DAVID PROULX 7173584756 2014-05-02 true 7032868000 2012 2015-11-30 17:44:51Z DANIEL R PORTERFIELD PHD PO BOX 3003 LANCASTER PA 176043003 245769694 false X WWW.FANDM.EDU X 1787 PA FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL ARTS EDUCATION. (SEE FULL MISSION STATEMENT ATTACHED ON SCHEDULE O.) 34 32 2552 1352 456790 -74745 17798883 17846712 126494703 131047379 15217562 14287333 2431430 1854350 161942578 165035774 32157189 37423995 0 0 66939729 62947537 0 0 5872751 53283840 55478090 152380758 155849622 9561820 9186152 644458185 646499166 175068603 147387752 469389582 499111414 X FRANKLIN & MARSHALL COLLEGE IS A RESIDENTIAL COLLEGE DEDICATED TO EXCELLENCE IN UNDERGRADUATE LIBERAL ARTS EDUCATION. (SEE FULL MISSION STATEMENT ATTACHED ON SCHEDULE O.) false false 41488665 10688 108771549 Instruction. THE COLLEGE GRANTS BACHELOR OF ARTS DEGREES . TOTAL FULL-TIME EQUIVALENT UNDERGRADUATE ENROLLMENT OF THE COLLEGE WAS APPROXIMATELY 2,330 STUDENTS. 590 STUDENTS GRADUATED IN MAY 2013. 37917008 36817009 94433 FINANCIAL AID. APPROXIMATELY 59% OF STUDENTS RECEIVED SOME FORM OF FINANCIAL AID DURING THE 2012-2013 SCHOOL YEAR. 16384747 126332 6489 STUDENT SERVICES. THE COLLEGE PROVIDES SERVICES SUCH AS AN INFIRMARY, COUNSELING, CAREER SERVICES, AND STUDENT ACTIVITIES TO EACH STUDENT. 24889930 469966 22670856 120680350 true true false false false false false true true true true true false false true true false true true false true false true false false false false true true true true false false false false false true false false false true true true false false false true true true false false true 553 0 true 2552 true true true true UK false false false false false false false false X 34 32 false false false false false false false true true false false true true true true true true true true true false CA PA X KATHRYN ELLIEHAUSEN-SLOBOZIE 7172914215 FRANKLIN MARSHALL COLLEGE LANCASTER PA 17603 REED D AUERBACH 2.0 0.0 X 0 0 0 THOMAS E BEEMAN 3.0 0.0 X 0 0 0 LAWRENCE I BONCHEK 14.0 0.0 X X 0 0 0 STANLEY M BRAND ESQ 3.0 0.0 X 0 0 0 ROBERT J BROOKS SR 3.0 0.0 X 0 0 0 JOHN F BURNESS 3.0 0.0 X 0 0 0 ROBERT L FREEDMAN 2.0 0.0 X 0 0 0 RICHARD M FULLER 2.0 0.0 X 0 0 0 BRIAN HARD 3.0 0.0 X 0 0 0 PATRICIA E HARRIS 2.0 0.0 X 0 0 0 BRETT S HARWOOD 2.0 0.0 X 0 0 0 ANTHONY I KREISEL 3.0 0.0 X 0 0 0 BARRY S LAFER ESQ 2.0 0.0 X 0 0 0 STANLEY L LEVIN 3.0 0.0 X 0 0 0 DOUGLAS J MCCORMACK ESQ 3.0 0.0 X 0 0 0 KENNETH B MEHLMAN 2.0 0.0 X 0 0 0 ERIC W NOLL 2.0 0.0 X 0 0 0 RAYMOND A SANSEVERINO ESQ 2.0 0.0 X 0 0 0 LAURENCE A SHADEK 2.0 0.0 X 0 0 0 HENRY B DUP SMITH 2.0 0.0 X 0 0 0 ROBERT H SMITH 2.0 0.0 X 0 0 0 ANDREW P STEFFAN 4.0 0.0 X X 0 0 0 H ART TAYLOR ESQ 2.0 0.0 X 0 0 0 SUSAN L WASHBURN 4.0 0.0 X X 0 0 0 COLLEEN R WEIS 2.0 0.0 X 0 0 0 BENJAMIN J WINTER 4.0 0.0 X X 0 0 0 FRANCES D WOLF 4.0 0.0 X X 0 0 0 LINDA YARDEN 2.0 0.0 X 0 0 0 DOUGLAS H EVANS ESQ 2.0 0.0 X 0 0 0 ERIC C RACKOW 3.0 0.0 X 0 0 0 JOHN L ROSENTHAL 2.0 0.0 X 0 0 0 DANIEL R PORTERFIELD 60.0 0.0 X X 437748 0 123501 Beverly R Steinman 2.0 0.0 X 0 0 0 MARY L SCHAPIRO 2.0 0.0 X 0 0 0 LEWIS E THAYNE 60.0 0.0 X 238415 0 61261 ANN STEINER 60.0 0.0 X 229057 0 88657 KENT TRACHTE 60.0 0.0 X 200074 0 47496 CASUNDRA AMUNDSON 60.0 0.0 X 160286 0 28805 J SAMUEL HOUSER 60.0 0.0 X 153397 0 30920 DANIEL G LUGO 60.0 0.0 X 189922 0 57859 DAVID PROULX 60.0 0.0 X 285885 0 62555 MATTHEW EYNON 60.0 0.0 X 107088 0 18428 BETH THRONE 40.0 0.0 X 150471 0 19702 CLAUDE YODER 40.0 0.0 X 145426 0 35065 D GRIER STEPHENSON 40.0 0.0 X 161287 0 40988 ALAN CANIGLIA 40.0 0.0 X 150260 0 46703 DAVID SCHUYLER 40.0 0.0 X 143038 0 25008 2752354 0 686948 84 false true false SODEXO INC AND AFFILIATES 4880 PAYSHERE CIRCLE CHICAGO IL 60674 FOOD SVCS MGMT 5988650 JAMES STREET HOUSING LP 595 EAST LANCASTER AVENUE 203 ST DAVIDS PA 19087 HOUSING RENTAL 1850838 ARAMARK 24818 NETWORK PLACE CHICAGO IL 60673 JANITORIAL SVCS 1736958 DIRECT ENERGY BUSINESS PO BOX 70220 PHILADELPHIA PA 19176 ENERGY SERVICES 1453735 STRATA INFORMATION GROUP 3935 HARNEY ST STE 203 SAN DIEGO CA 92110 SOFTWARE PROJ MGT CO 1329698 46 1775473 16071239 1747680 17846712 TUITION AND FEES 900099 108771549 108771549 AUXILIARY OPERATIONS 721310 22181273 21295313 456790 429170 COMPUTER STORE 900099 124 124 STUDENT LOAN INCOME 900099 94433 94433 131047379 8185193 8185193 0 0 181878 74743 107135 0 107135 107135 86761317 80659177 6102140 6102140 6102140 0 0 0 RESEARCH 900099 713037 713037 PROJECT REIMBURSEMENTS 900099 134390 134390 MISCELLANEOUS 900099 228927 228927 670861 361558 309303 1747215 165035774 130657243 456790 16075029 299548 299548 30642466 30642466 6481981 6481981 0 2767614 586748 1554249 626617 0 46399867 36098113 8133287 2168467 4672195 3491136 942833 238226 5587154 4783308 487382 316464 3520707 2670715 678549 171443 0 833533 46500 783712 3321 120310 120310 0 0 411514 411514 12249564 7440997 4019965 788602 40103 19692 17719 2692 4302853 2558024 1243812 501017 2445379 608450 1761621 75308 0 6251981 3339860 2828277 83844 2780436 2324265 243967 212204 0 275354 176109 80203 19042 6645621 3946123 2693191 6307 0 8001676 6338707 1201036 461933 541295 292960 248142 193 OFF CAMPUS PROGRAMS 3709716 3709716 EQUIPMENT & BOOKS 3209509 2870243 325957 13309 REPAIRS & EQUIPMENT MAINT 2463052 1044359 1418315 378 FOOD 645279 477757 60994 106528 550915 432573 41486 76856 155849622 120680350 29296521 5872751 95501 110018 3824235 1578799 25014968 26175606 2731322 4692897 45500 45500 0 0 0 0 0 0 1351208 1483003 306311730 83564146 225851971 222747584 156419823 159219399 208888228 207935672 15360731 16154308 0 0 4874698 6356380 644458185 646499166 5643212 4730382 0 0 12028393 10896622 98631641 83296693 3684955 3467420 0 0 0 0 0 0 55080402 44996635 175068603 147387752 X 252704257 266708280 119104740 127827786 97580585 104575348 469389582 499111414 644458185 646499166 9186152 20535680 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false false true 253635767 3705238 27626220 4395457 9319987 692839 270558942 270079122 3438169 -5320904 13008640 721680 830300 253635767 235435090 2599447 47250523 4008962 9943305 1253671 270079122 218624340 9166653 24698126 4237472 11710606 1105951 235435090 298851446 1213383 -63623736 4525919 12139342 1151492 218624340 0.40000 0.28000 0.32000 false false 19652 13085789 13105441 1143425 236033221 51976757 185199889 50292840 30279535 20013305 5736803 1307854 4428949 222747584 GLOBAL EQUITY 109051568 F GLOBAL FIXED INCOME 23991077 F DIVERSIFYING STRATEGIES 33601598 F REAL ASSETS 28100990 F BENEFICIAL INTEREST IN PERP 13190439 F 207935672 0 POSTRETIREMENT BENEFIT OBLIGAT 24044917 ANNUITY OBLIGATIONS 13331124 FIN 47 OBLIGATION 7318326 PURCHASE COMMITMENT 294768 MORTGAGE GUARANTEE 7500 44996635 X PART III, LINE 1A - TERMS FOR NOT REPORTING ASSETS PER SFAS 116: Collection items consists 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 collections' insurance-appraised value is approximately $7,486,000 (Note: the value is $7,207,000 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 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 College acting as agent. PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS: Of the total Endowment, 28% 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 (ASC 740) 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 true true true true false false false false false false false false true false true PART I LINE 3 - RACIALLY NONDISCRIMINATORY POLICY: 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. LINE 6A - FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY: 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. true East Asia and the Pacific Program Services Admis recruitment 19482 Europe (Including Iceland and Greenland) Program Services Admis recruitment 2700 Middle East and North Africa Program Services Admis recruitment 4696 South Asia Program Services Admis recruitment 5903 North America Program Services CONF/RESEARCH/TRAVEL 2000 Central America and the Caribbean Program Services CONF/RESEARCH/TRAVEL 11457 East Asia and the Pacific Program Services CONF/RESEARCH/TRAVEL 73170 Europe (Including Iceland and Greenland) Program Services CONF/RESEARCH/TRAVEL 439791 Middle East and North Africa Program Services CONF/RESEARCH/TRAVEL 3656 North America Program Services CONF/RESEARCH/TRAVEL 34612 Russia and the Newly Independent States Program Services CONF/RESEARCH/TRAVEL 11258 South America Program Services CONF/RESEARCH/TRAVEL 79360 South Asia Program Services CONF/RESEARCH/TRAVEL 2106 Sub-Saharan Africa Program Services CONF/RESEARCH/TRAVEL 92852 Central America and the Caribbean Program Services Study abroad 57902 East Asia and the Pacific Program Services Study abroad 382600 Europe (Including Iceland and Greenland) Program Services Study abroad 2810764 Middle East and North Africa Program Services Study abroad 19465 South America Program Services Study abroad 187666 South Asia Program Services Study abroad 16967 Sub-Saharan Africa Program Services Study abroad 126411 Central America and the Caribbean Investments 108649496 Central America and the Caribbean Grantmaking 279482 East Asia and the Pacific Grantmaking 2324289 Europe (Including Iceland and Greenland) Grantmaking 818621 Middle East and North Africa Grantmaking 154849 North America Grantmaking 62924 Russia and the Newly Independent States Grantmaking 286000 South America Grantmaking 461619 South Asia Grantmaking 1278583 Sub-Saharan Africa Grantmaking 815614 4034309 115481986 119516295 STUDENT SCHOLARSHIPS Central America and the Caribbean 6 262955 TUITION RDCT BOOK STUDENT SCHOLARSHIPS East Asia and the Pacific 70 2119108 TUITION RDCT BOOK STUDENT SCHOLARSHIPS Europe (Including Iceland and Greenland) 18 722075 TUITION RDCT BOOK STUDENT SCHOLARSHIPS Middle East and North Africa 3 151849 TUITION RDCT BOOK STUDENT SCHOLARSHIPS North America 1 54080 TUITION RDCT BOOK STUDENT SCHOLARSHIPS Russia and the Newly Independent States 7 271000 TUITION RDCT BOOK STUDENT SCHOLARSHIPS South America 10 437548 TUITION RDCT BOOK STUDENT SCHOLARSHIPS Sub-Saharan Africa 17 742814 TUITION RDCT BOOK STUDENT SCHOLARSHIPS South Asia 29 1188583 TUITION RDCT BOOK STUDENT LOANS Central America and the Caribbean 5 15000 TUITION RDCT BOOK STUDENT LOANS East Asia and the Pacific 64 189000 TUITION RDCT BOOK STUDENT LOANS Europe (Including Iceland and Greenland) 15 45500 TUITION RDCT BOOK STUDENT LOANS Middle East and North Africa 1 3000 TUITION RDCT BOOK STUDENT LOANS North America 1 3000 TUITION RDCT BOOK STUDENT LOANS Russia and the Newly Independent States 5 15000 TUITION RDCT BOOK STUDENT LOANS South America 6 16500 TUITION RDCT BOOK STUDENT LOANS South Asia 30 90000 TUITION RDCT BOOK STUDENT LOANS Sub-Saharan Africa 16 45000 TUITION RDCT BOOK STUDENT RESEARCH AND TRAVEL GRANTS Central America and the Caribbean 1 1527 CHECKS COST STUDENT RESEARCH AND TRAVEL GRANTS East Asia and the Pacific 5 11710 CHECKS 4471 VENDOR PMT COST STUDENT RESEARCH AND TRAVEL GRANTS Europe (Including Iceland and Greenland) 27 46075 CHECKS 4971 VENDOR PMT COST STUDENT RESEARCH AND TRAVEL GRANTS North America 5 5844 CHECKS STUDENT RESEARCH AND TRAVEL GRANTS South America 5 4574 CHECKS 2997 VENDOR PMT COST STUDENT RESEARCH AND TRAVEL GRANTS Sub-Saharan Africa 16 9614 CHECKS 18186 VENDOR PMT COST true false true true false false Part 1, 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, PARTS I & III METHOD OF ACCOUNTING: EXPENDITURES ARE REPORTED BASED ON THE COLLEGE'S ACCRUAL METHOD OF ACCOUNTING. 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 STAGE PRODUCTION LANCASTER GEN HEALTH FND 609 N CHERRY ST LANCASTER PA 17603 205767147 501(C)(3) 20000 BOOK CANCER INSTITUTE SUPPORT BICKSLER-MUHLENBERG ASSOCIATES (JSID) 354 N PRINCE ST LANCASTER PA 17603 710927742 501(C)(3) 150000 BOOK GENERAL SUPPORT MILLPORT CONSERVANCY 737 E MILLPORT RD LITITZ PA 17543 222436077 501(C)(3) 96699 BOOK GENERAL SUPPORT 4 PRIZES AND AWARDS 233 127729 12671 COST NONCASH PRIZES STUDENT RESEARCH AND TRAVEL GRANTS 136 33159 39161 COST SUPPLIES, TRAVEL EXP STUDENT SCHOLARSHIPS 1055 30429746 BOOK TUITION RDCT PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS STUDENT SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. TRAVEL AND 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 true true false false false false false false false DANIEL R PORTERFIELD 426055 0 0 0 11693 0 30000 0 93501 0 561249 0 0 0 LEWIS E THAYNE 217258 0 0 0 21157 0 35925 0 25336 0 299676 0 0 0 ANN STEINER 211386 0 0 0 17671 0 33682 0 54975 0 317714 0 17115 0 KENT TRACHTE 184842 0 0 0 15232 0 29443 0 18053 0 247570 0 14672 0 CASUNDRA AMUNDSON 159635 0 0 0 651 0 9579 0 19226 0 189091 0 0 0 BETH THRONE 150171 0 0 0 300 0 0 0 19702 0 170173 0 0 0 CLAUDE YODER 145426 0 0 0 0 0 21907 0 13158 0 180491 0 0 0 J SAMUEL HOUSER 139590 0 0 0 13807 0 21315 0 9605 0 184317 0 0 0 DANIEL G LUGO 188959 0 0 0 963 0 23142 0 34717 0 247781 0 0 0 DAVID PROULX 284877 0 0 0 1008 0 30000 0 32555 0 348440 0 0 0 D GRIER STEPHENSON 161287 0 0 0 0 0 24972 0 16016 0 202275 0 0 0 ALAN CANIGLIA 150260 0 0 0 0 0 23854 0 22849 0 196963 0 0 0 DAVID SCHUYLER 112996 0 0 0 30042 0 17066 0 7942 0 168046 0 0 0 Part I, Line 4 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS: THE FOLLOWING INDIVIDUALS RECIEVED PAYMENT AS PART OF A SEVERANCE AGREEMENT DURING THE REPORTING YEAR: LEWIS THAYNE $10,000 THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE COLLEGE'S IRC SECTION 457(F) PLAN DURING THE REPORTING YEAR: ANN STEINER $1,222 KENT TRACHTE $1,048 THE AMOUNTS FOR ALL OF THE INDIVIDUALS ABOVE WERE ACCRUED DURING THE YEAR. ANN STEINER $17,115 KENT TRACHTE $14,672 THE AMOUNTS FOR THE INDIVIDUALS ABOVE WERE PAID OUT DURING CALENDAR YEAR. SCHEDULE J, PART I, LINE 1A: PRESIDENT - COLLEGE-OWNED PROPERTY HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND AS 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, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND 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. A COLLEGE-LEASED VEHICLE IS PROVIDED FOR TRAVEL RELATED ACTIVITIES. PERSONAL USE OF THE VEHICLE IS INCLUDED IN TAXABLE COMPENSATION. VP OF FINANCE - TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. VP FOR COLLEGE COMMUNICATIONS - TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. PROVOST & DEAN OF THE FACULTY - COLLEGE-OWNED PROPERTY HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND AS A CONDITION OF EMPLOYMENT. PERSONAL SERVICES FOR MAID/CLEANING SERVICES ARE PAID TO MAINTAIN AND REFRESH THE PROPERTY FOR COLLEGE EVENTS AND ACTIVITIES HELD AT THE PROPERTY. THE HOUSING AND CUSTODIAL SERVICES ARE NOT INCLUDED IN TAXABLE COMPENSATION. TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. VP FOR COLLEGE ADVANCEMENT - THE COLLEGE, FOR COLLEGE BUSINESS PURPOSES, REIMBURSES HEALTH/SOCIAL CLUB DUES AND 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. EDUCATIONAL BENEFITS ARE AFFORDED FOR DEPENDENTS OF EMPLOYEES, WHICH ARE A NONTAXABLE BENEFIT. DEAN OF THE COLLEGE - TAXABLE COMPENSATION IS PAID TO ACCOUNT FOR TAXES ON ADDITIONAL LIFE AND LTD INSURANCE PREMIUMS. A LANCASTER HIGHER EDUCATION AUTHORITY 232224897 514328EE9 2003-01-29 9699267 REFUND 5/4/1993 ISSUE false false false B LANCASTER HIGHER EDUCATION AUTHORITY 232224897 514328FB4 2003-10-10 25328226 REFUND 4/11/2002 ISSUE false false false C LANCASTER HIGHER EDUCATION AUTHORITY 232224897 514328FY4 2006-05-01 56364018 MULTIPLE - SEE PART VI false false false D LANCASTER HIGHER EDUCATION AUTHORITY 232224897 514328GB3 2008-06-19 29891597 MULTIPLE - SEE PART VI false false false A 9625000 0 9721719 0 0 9517388 187805 0 0 0 16526 0 2003 true false true true B 23820000 0 25336663 0 0 25008426 324761 0 0 0 3476 0 2003 true false true true C 2035000 0 57165704 0 33 33765000 598639 0 0 22802032 0 0 2007 true false true true D 0 0 30115043 0 671694 0 439501 0 0 29003846 0 2 2011 false false false A 0 B 0 C false true false false 0.03480 0.00000 0.03480 true false false true D false false false false 0 true false false true A false false false 0 false 0 false true B false false false 0 false 0 false true C false false false 0 false 0 false true D false false false 0 false 0 false true A false B false C false D false PART I, COLUMN F - DESCRIPTION OF BOND ISSUE PURPOSE: 0 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. PART II, LINE 3 - DIFFERENCE BETWEEN GROSS PROCEEDS AND ISSUE PRICE: 0 BOND ISSUES A, B, C, AND D: THE DIFFERENCE BETWEEN THE GROSS PROCEEDS AND THE ISSUE PRICE IS DUE TO INVESTMENT EARNINGS. Daniel Lugo EMPLOYEE Housing Assistance X 46000 45500 false true true 45500 LOEB LOEB PARTNER IS TRUSTEE 102301 LEGAL SERVICES false X 9 0 FAIR VALUE PART II X 0 PART II X 68 1706680 FAIR VALUE X EVENT EXPENSES 8 0 PART II X EQUIPMENT 7 41000 FMV X EVENT TICKETS 21 0 PART II 1 false true true PART I, COLUMN B NUMBER OF CONTRIBUTIONS: The number of contributions is comprised of a combination of the number of items received and the number of contributions (securities and actual expenses paid by donor). SCHEDULE M, PART I, LINE 32B THIRD PARTY USED TO PROCESS OR SELL 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 may be used. SCHEDULE M, PART I, LINE 33 EXPLANATION FOR NOT REPORTING REVENUE: The College does not recognize revenue for noncash contributions (other than securities) that are less than $10,000 in value. Part I, Line 1 ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: 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. 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 11 MEMBERS OF THE BOARD, INCLUDING THE PRESIDENT, DURING FISCAL YEAR 2013. FORM 990, PART VI, LINE 11A - PROVIDE A COPY OF FORM 990 TO GOVERNING BODY BEFORE FILING: A COPY OF FORM 990 WAS SUPPLIED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO ITS FILING. FORM 990, PART VI, LINE 11B - REVIEW OF FORM 990: THE COMPENSATION COMMITTEE PERFORMED A DETAILED REVIEW OF THE COMPENSATION SECTIONS OF FORM 990 (PART VII AND SCHEDULE J) IN MAY 2013 BEFORE THE RETURN WAS GIVEN TO EXTERNAL AUDITORS/TAX PREPARERS IN MARCH 2014 FOR A DETAILED REVIEW. CHANGES WERE MADE BASED ON THEIR RECOMMENDATIONS AND THE REVISED FORM 990 WAS SENT TO MANAGEMENT IN APRIL 2014 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. MILLPORT CONSERVANCY 737 E MILLPORT ROAD LITITZ PA 17543 222436077 NATURE PRESER PA 501(C)(3) PF NA true NW GATEWAY PROJECT PO BOX 3003 LANCASTER PA 17604 611625128 Land acquisitION PA NA EXCLUDED 206 11248787 false true 0.50000 CHARITABLE REMAINDER TRUST (4) PO BOX 3003 LANCASTER PA 17604 SPLIT INTEREST NA TRUST true UNITRUST (30) PO BOX 3003 LANCASTER PA 17604 SPLIT INTEREST NA TRUST true ANNUITY TRUST (7) PO BOX 3003 LANCASTER PA 17604 SPLIT INTEREST NA TRUST true REVOCABLE TRUST (1) PO BOX 3003 LANCASTER PA 17604 REVOCABLE TRU PA NA TRUST true PERPETUAL INCOME TRUST (10) PO BOX 3003 LANCASTER PA 17604 PERPETUAL TRU NA TRUST true REMAINDER TRUST (2) PO BOX 3003 LANCASTER PA 17403 REMAINDER TRUST NA TRUST true ADVANCED STUDIES IN ENGLAND LTD (1) 2 PIERREPONT STREET BATH UK BA1 1LB STUDY ABROAD UK NA C CORP 1693511 3147208 1.00000 true false true false false false false false false false false true false true true false false true false MILLPORT CONSERVANCY b 96699 CASH Part IV, Column (c) Legal Domicile of Trusts: Charitable Remainder Trusts Two charitable remainder trusts are domiciled in Pennsylvania. One is domiciled in Texas, and another is domiciled in North Carolina. Unitrusts Twenty two unitrusts are domiciled in Pennsylvania. Two unitrusts are domiciled in New Jersey. One unitrust is domiciled in each of the following states: New York, Illinois, Washington, North Carolina, Florida, and Virginia. Annuity Trusts Five annuity trusts are domiciled in Pennsylvania. One annuity trust is domiciled in New Jersey, and one is domiciled in California. Perpetual Trusts Nine perpetual trusts are domiciled in Pennsylvania. One perpetual trust is domiciled in Florida. Remainder Trusts One remainder trust is domiciled in Pennsylvania. One remainder trust is domiciled in Minnesota. Part V, Line 2(1) Additional Information: THE $96,699 CONTRIBUTED TO THE MILLPORT CONSERVANCY WAS A CONTRIBUTION FROM THE COLLEGE TO PAY FOR THE CONSERVANCY'S ORDINARY OPERATING EXPENDITURES.