Program areas at Olin College of Engineering
Founded in 1997, Franklin W. Olin College of Engineering, Inc. (Olin or the College) is an undergraduate engineering institution with a mission to transform engineering education toward a world in which engineering serves everyone. The College has approximately 373 students from around the world and has attracted 928 applicants for the fall 2023 entering class. Olin's innovative approach to engineering education stresses project-based, interdisciplinary learning and focuses on helping engineers understand the real-world impact of their work, as well as develop skills to tackle the world's most important problems, and be passionate about serving people, society, and the planet. Every admitted student receives an eight semester half tuition merit scholarship over four years. The College is accredited by the New England Commission of Higher Education (formerly a part of New England Association of Schools and Colleges) and the College's three degree programs are accredited by ABET, the accrediting organization for engineering programs.
Olin is committed to advancing a vision of Engineering for Everyone through impact-centered education, which focuses not only on preparing students to have impact but also on engaging students in creating authentic impact and in making the world a better place. As part of this strategy, Olin engages in collaborative activities with industry partners, community organizations, and academic institutions around the world (including neighboring Babson and Wellesley Colleges). Olin's externally facing programs include faculty development workshops, educational consulting services, and lifelong learning experiences for alumni and engineering professionals. Through these programs and partnerships, Olin fulfills its aspiration to be an important and constant contributor to the advancement of engineering education and to do good for humankind.
Grants made by Olin College of Engineering
Grantee | Grant description | Grant year | Amount |
---|
Rise Against Hunger | General Program Support | 2023-06 | $10,000 |
Who funds Olin College of Engineering
Grants from foundations and other nonprofits
Personnel at Olin College of Engineering
Name | Title | Compensation | Date of data |
---|
Richard Osterberg | Chief Information Officer | $185,829 | 2023-06-30 |
Lauren Taaffe | Vice President and Chief of Staff / Associate Vice President for Strategic Initiatives / Associate Vice President Development , Family and Alumni Relations | $211,129 | 2023-06-30 |
Donna Golemme | Vice President for Finance and Administration | $304,683 | 2024-05-01 |
Patricia Gallagher | Vice President for Financial Affair and Chief Financial Officer and Treasurer / Vice President for Fa and Chief Financial Officer and Treasurer / Vice President for Financial Affairs and Chief Financial Officer and Treasurer / Vice President Financial Affairs and Chief Financial Officer and Treasurer / Vice President for Finance Affairs and Chief Financial Officer and Treasurer / Vice President for Financial Affairs and Chief Financial Officer / Associate Vice President for Financial Affiars | $233,102 | 2022-06-30 |
Anne-Marie Dorning | Vice President of Marketing and Communications / Associate Vice President Marketing and Comm , Former Interim Chief Marketing Officer | $194,213 | 2023-06-30 |
...and 28 more key personnel |
Financials for Olin College of Engineering
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $3,726,502 | $5,059,084 | -26.3% |
Program services | $26,181,213 | $26,653,518 | -1.8% |
Investment income and dividends | $3,856,960 | $3,629,851 | 6.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $203,443 | $155,049 | 31.2% |
Net gain from sale of non-inventory assets | $-1,824,312 | $4,509,874 | -140.5% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $839,353 | $605,391 | 38.6% |
Total revenues | $32,983,159 | $40,612,767 | -18.8% |
Organizations like Olin College of Engineering
Organization | Type | Location | Revenue |
---|
Mitchell Hamline School of Law | 501(c)(3) | Saint Paul, MN | $62,006,087 |
Hobart and William Smith Colleges (HWS) | 501(c)(3) | Geneva, NY | $148,635,041 |
Goucher College | 501(c)(3) | Baltimore, MD | $84,585,565 |
Eckerd College | 501(c)(3) | Saint Petersburg, FL | $143,870,290 |
Saint Ambrose University (SAU) | 501(c)(3) | Davenport, IA | $120,947,375 |
College of Saint Benedict and Saint John's University (CSBSJU) | 501(c)(3) | Collegeville, MN | $140,291,117 |
Gustavus Adolphus College | 501(c)(3) | Saint Peter, MN | $150,522,013 |
College of Saint Benedict | 501(c)(3) | Saint Joseph, MN | $118,861,967 |
Whitworth University | 501(c)(3) | Spokane, WA | $141,406,517 |
William Jessup University (WJU) | 501(c)(3) | Rocklin, CA | $57,224,285 |
Data update history
July 23, 2024
Updated personnel
Identified 2 new personnel
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Political advocacyLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 1000 Olin Way
- Needham, MA 02492
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Norfolk County, MA
- Website URL
- olin.edu/Â
- Phone
- (781) 292-2300
- Facebook page
- FWOlinCollegeÂ
- Twitter profile
- @olincollegeÂ
IRS details
- EIN
- 06-1519057
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1997
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B42: Undergraduate College (4-year)
- NAICS code, primary
- 611310: Colleges, Universities, and Professional Schools
- Parent/child status
- Independent
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