FRANKLIN W OLIN COLLEGE OF ENGINEERING INC
1000 Olin Way, Needham, MA 024921200 www.olin.edu

Total Revenue
$37,180,553
Total Expenses
$55,527,397
Net Assets
$276,036,132

Organizations Filed Purposes: 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.

Highly selective four-year undergraduate engineering college with a unique interdisciplinary, project-based curriculum emphasizing entrepreneurship, liberal arts, and rigorous science and engineering fundamentals.

Founded in 1997, Franklin W. Olin College of Engineering, Inc. (Olin or the College) is a diversified, gender-balanced undergraduate engineering institution with a dual mission to educate exemplary engineering innovators and to lead the transformation of engineering education. The College has approximately 360 students from around the world and has attracted over 900 applicants for the fall 2020 entering class. Olin's innovative approach to engineering education stresses project-based, interdisciplinary learning and encourages students to take control of their own education. Olin students learn 21st century skills and perspectives through authentic engineering challenges and entrepreneurial experiences. Olin has forged active partnerships with neighboring Babson and Wellesley Colleges and has co-designed transformative educational experiences with a broad range of collaborators from around the globe. 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 College's Collaboratory is an expanded effort to accelerate the transformation of engineering education: a nexus for the development and exchange of educational ideas and approaches to change the way engineering is taught across the world. Today's complex global challenges - from sustainability, to cyber security and eradication of disease - require the education of technical innovators who are able to navigate political, economic and cultural boundaries. The Collaboratory initiative has had a tremendous impact in a short period of time through a series of outreach efforts, including visits from colleges, universities, high schools, and policy and business leaders. Its Summer Institute has hosted educators seeking leadership, inspiration, and help in changing their own educational programs. During FY20, the Collaboratory hosted 39 programs (mainly visits and workshops) that involved 192 representatives from 49 other institutions from around the US and the globe. In addition, 304 people registered for the 2020 Virtual Summer Institute, from 126 institutions from the U.S. and 18 other countries. Olin is playing a significant role in the movement to transform educational practice across the globe.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Richard K MillerTrustee(Ex-Officio)/President50$494,828
Vincent MannoProvost Emeritus0$347,573
Patricia GallagherVP for Fin Affairs/CFO/Treasurer50$244,257
Mark SomervilleInterim Provost and Dean of Faculty50$229,554
Stephen P HannaburyExecutive Vice President Emeritus0$214,941
Beth KramerVP for Advancement50$209,596
Jessica TownsendInt Academic VP for Ext Engagement50$196,442
Jeremy GoodmanVP for Admin Services & Innovation50$183,269
Lynn Andrea SteinProfessor50$181,267
Richard OsterbergChief Information Officer50$175,609
Rae-Anne ButeraDean of Student Affairs50$174,624
Robert MartelloProfessor and Associate Dean50$173,443
Jonathan StolkProfessor50$173,172
Emily Roper-DotenDean of Admission and Financial Aid50$170,895
David BarrettProfessor50$168,898
Anne-Marie DorningAssoc VP Mktg/Comm, Frmr Int CMO50$150,194
Alanna BoydFormer Int VP Dev, Fam & Alum Relations50$114,182
Kelly SutherlandAssistant Clerk to the Board of Trustees50$69,743
Beverly WyseTrustee2$0
Tiana VeldwischTrustee (until October 2019)2$0
Nina SaberiTrustee2$0
Richard T RocaTrustee2$0
Douglas G RauchTrustee (until October 2019)2$0
James PlummerTrustee2$0
Lynn PasquerellaTrustee (elected May 2020)2$0
William B NordenTrustee2$0
Venky NarayanamurtiTrustee (elected May 2020)2$0
Lawrence W MilasTrustee2$0
Greg MarraTrustee2$0
R Douglas KahnTrustee (until October 2019)2$0
Bruce HerringTrustee (elected December 2019)2$0
Scott HarrisTrustee (elected May 2020)2$0
Sherwin GreenblattTrustee2$0
Lee EdwardsTrustee (elected May 2020)2$0
Jeannie DiefenderferTrustee (elected October 2019)2$0
Michael A ColemanTrustee2$0
Chee ChewTrustee2$0
Maia BittnerTrustee (elected May 2020)2$0
Polina A SegalovaClerk/Trustee2$0
George Milne JrVice Chairman2$0
Kenneth R StokesChairman4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101269349300810_public.xml