Franklin W Olin College of Engineering logo

Franklin W Olin College of Engineering

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.

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 grants 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

Cities

CambridgeRaleighSan 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

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$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

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

GILDA BARABINOPRESIDENT/TRUSTEE (EX-OFFICIO)$789KDONNA GOLEMMEVP FOR FINANCE & ADMINISTRAT…$337KMARK SOMERVILLEPROVOST (UNTIL AUG 2023)$279KLAUREN TAAFFEVICE PRESIDENT & CHIEF OF ST…$218KANNE-MARIE DORNINGVP MARTKING & COMM (UNTIL FE…$216KALISHA SARANG-SIEMIN…FORMER DEAN OF THE COLLEGE$211KCHRISTOPHER LEEASSOCIATE DEAN$200KJEREMY GOODMAN UNTIL…VP ADMIN SERVICES & INNOVATION$195KRICHARD OSTERBERGCHIEF INFORMATION OFFICER$191KROBERT MARTELLOPROFESSOR$182KJENNIFER EDMONDSASSOCIATE VP FOR FINANCE/CON…$182KNICHOLAS MACKECHIEF HR OFFICER$181KCHARLES JASON WOODARDPROFESSOR$180KALYSON GOODROWCHIEF MARKETING & COMM. OFFI…$142KJESSICA TOWNSENDFORMER INTERIM ACAD VP FOR E…$122KEMILY ROPER-DOTENFORMER DEAN ADMISSION & FIN.…$106KALBERT SACCO JRCHIEF ACADMEIC OFFICER & PRO…$67K

From 2024 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

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

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