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Franklin University

Public charityFed auditsIRS 990
DBA: % MRS NORENE ROUTT
Other · COLUMBUS, OH · EIN 31-0707369

About

Since 1902, Franklin University has been a pioneer in meeting the needs of adult students who have the ambition to continue their education in combination with other responsibilities, receiving its status as a tax exempt organization in 1964. As a learner-centered institution of higher education, the four cornerstones of the Franklin educational philosophy are (a) Ensuring academic quality (b) Providing equal access to educational opportunities (c) Adapting to the needs of students (d) Responding to changes in society, professions, and the business community. Franklin continuously seeks and appreciates strategic partner relationships that support our learning environment and experiences of our students. Investments from strategic partners may include contributions for student scholarships as well as contributions to enhance program offerings, facilities, and technology.

In care of MRS Norene Routt

Donations are tax-deductible
Category
Other
Employees
1,239
Volunteers
24

Financial Snapshot

FY ending 2024-07-31
Revenue
$94.7M
Expenses
$89.2M
Assets
$143.9M
Liabilities
$26.9M

Financial history

$94.7M$47.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $94.7M · Avg: $82.5M

Foreign activity (Schedule F)

Total spent abroad$181K
Foreign employees2
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Middle East and North Africa
East Asia and the Pacific

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$13.1M
FRANKLIN UNIVERSITY
Your actions

Address

201 S Grant AVE
Columbus, OH, 43215-530

Governance

Voting board members24
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %16.4%
Permanent endowment %44.2%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.