Franklin W Olin College of Engineering logo

Franklin W Olin College of Engineering

Foundation · Grantmaker Needham, MA EIN: 06-1519057 Website

OLIN COLLEGE PREPARES STUDENTS TO BECOME EXEMPLARY ENGINEERING INNOVATORS WHO RECOGNIZE NEEDS, DESIGN SOLUTIONS, AND ENGAGE IN CREATIVE ENTERPRISES FOR THE GOOD OF THE WORLD. OLIN IS DEDICATED TO CONTINUAL DISCOVERY AND DEVELOPMENT OF EFFECTIVE LEARNING APPROACHES AND ENVIRONMENTS, AND TO CO-DEVELOPING EDUCATIONAL TRANSFORMATION WITH COLLABORATORS AROUND THE GLOBE.

Key facts about Franklin W Olin College of Engineering

EIN
06-1519057
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$500,657,439
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Franklin W Olin College of Engineering gives

  • Giving grew 27% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Franklin W Olin College of Engineering

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$500.7M

+2.7% YoY

Annual Giving

$10K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10K

+0.0% YoY

About Franklin W Olin College of Engineering

Based on IRS filings

Franklin W Olin College of Engineering is a nonprofit organization focused on Education, based in Needham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $500.7M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $6.0M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2024 grant dollars.

Cities

RaleighCambridgeSan FranciscoWest Hollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$52M$69M20202021202220232024
Metric202420232022
Total Assets$500,657,439$487,410,086$496,793,977
Revenue$38,962,247$32,983,159$40,612,767
Expenses$62,639,905$59,796,651$57,804,167
Qualifying Distributions———
Net Investment Income$5,990,551$2,032,648$8,139,725
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Rise Against Hunger Inc: $10KRise Against Hunger Inc$10K

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Rise Against Hunger Inc ($10,000).

RecipientPurposeAmount
RISE AGAINST HUNGER INC Raleigh, NCGENERAL PROGRAM SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Gilda Barabino — President/Trustee (Ex-Officio): $789KGilda BarabinoPresident/Trustee (Ex-Officio)$789KDonna Golemme — VP for Finance & Administration: $337KDonna GolemmeVP for Finance & Administration$337KMark Somerville — Provost (Until Aug 2023): $279KMark SomervilleProvost (Until Aug 2023)$279KLauren Taaffe — Vice President & Chief of Staff: $218KLauren TaaffeVice President & Chief of Staff$218KAnne-Marie Dorning — VP Martking & Comm (Until Feb 2024): $216KAnne-Marie DorningVP Martking & Comm (Until Feb…$216KAlisha Sarang-Sieminski — Former Dean of the College: $211KAlisha Sarang-SieminskiFormer Dean of the College$211KChristopher Lee — Associate Dean: $200KChristopher LeeAssociate Dean$200KJeremy Goodman Until Apr 2024 — VP Admin Services & Innovation: $195KJeremy Goodman Until…VP Admin Services & Innovation$195KRichard Osterberg — Chief Information Officer: $191KRichard OsterbergChief Information Officer$191KRobert Martello — Professor: $182KRobert MartelloProfessor$182KJennifer Edmonds — Associate VP for Finance/Controller: $182KJennifer EdmondsAssociate VP for…$182KNicholas Macke — Chief HR Officer: $181KNicholas MackeChief HR Officer$181KCharles Jason Woodard — Professor: $180KCharles Jason WoodardProfessor$180KAlyson Goodrow — Chief Marketing & Comm. Officer: $142KAlyson GoodrowChief Marketing & Comm. Officer$142KJessica Townsend — Former Interim Acad VP for Ext Eng: $122KJessica TownsendFormer Interim Acad VP for Ext…$122KEmily Roper-Doten — Former Dean Admission & Fin. Aid: $106KEmily Roper-DotenFormer Dean Admission & Fin. Aid$106KAlbert Sacco Jr — Chief Acadmeic Officer & Provost: $67KAlbert Sacco JrChief Acadmeic Officer & Provost$67K

From 2024 IRS filing

NameTitleHoursCompensation
Gilda BarabinoPresident/Trustee (Ex-Officio)50$788,904
Beverly WyseChair (Until Oct 2023)4—
Jeannie DiefenderferChair (Since Oct 2023)4—
George Milne JrVice Chair2—
Richard T RocaClerk2—
Maia BittnerTrustee2—
Al BunshaftTrustee2—
Chee ChewTrustee2—
Lee EdwardsTrustee2—
Scott HarrisTrustee2—
Bruce HerringTrustee2—
Luke MorrisTrustee (Since Aug 2023)2—
Venky NarayanamurtiTrustee (Until Oct 2023)2—
William B NordenTrustee2—
Lynn PasquerellaTrustee (Until May 2024)2—
Michael SuttonTrustee2—
Chris WallaceTrustee (Since May 2024)2—
Donna GolemmeVP for Finance & Administration50$336,592
Mark SomervilleProvost (Until Aug 2023)50$279,483
Anne-Marie DorningVP Martking & Comm (Until Feb 2024)50$215,548
Lauren TaaffeVice President & Chief of Staff50$217,743
Nicholas MackeChief HR Officer50$180,588
Alyson GoodrowChief Marketing & Comm. Officer50$141,645
Albert Sacco JrChief Acadmeic Officer & Provost50$66,787
Jeremy Goodman Until Apr 2024VP Admin Services & Innovation50$195,468
Christopher LeeAssociate Dean50$200,223
Richard OsterbergChief Information Officer50$191,366
Jennifer EdmondsAssociate VP for Finance/Controller50$181,532
Charles Jason WoodardProfessor50$180,236
Robert MartelloProfessor50$182,399
Emily Roper-DotenFormer Dean Admission & Fin. Aid50$105,809
Alisha Sarang-SieminskiFormer Dean of the College50$210,693
Jessica TownsendFormer Interim Acad VP for Ext Eng50$122,342

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Franklin W Olin College of Engineering?

Franklin W Olin College of Engineering is a nonprofit organization focused on Education, based in Needham, MA. It holds $500.7M in total assets as of 2024.

How large is Franklin W Olin College of Engineering?

As of 2024, Franklin W Olin College of Engineering holds $500.7M in total assets with $39.0M in annual revenue. It awarded 1 grant totaling $10K in 2024.

Where does Franklin W Olin College of Engineering operate?

Franklin W Olin College of Engineering has awarded grants in California, Massachusetts, North Carolina.

What size grants does Franklin W Olin College of Engineering award?

In 2024, Franklin W Olin College of Engineering awarded 1 grant totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is Franklin W Olin College of Engineering's EIN?

Franklin W Olin College of Engineering's EIN (Employer Identification Number) is 06-1519057. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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