Report Card 2009

Franklin and Marshall College

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Franklin and Marshall College

School details:

Endowment: $363 million as of June 30, 2007

Location: Lancaster, Pennsylvania

Enrollment: 1,972

Type: Private

 

Endowment Survey: Yes

Dining Survey: Yes

Campus Survey: Yes

 

Data compiled from independent research and survey responses from schools. For information on data collection and evaluation, please see the Methodology section.

 
Overall grade 
C
President Fry signed the Presidents Climate Commitment. Part-time staff work on sustainability efforts on campus and there is a sustainability committee comprised of faculty and students. The college is in the process of setting up the Wohlsen Environmental Center, which will have permanent staff.
Franklin and Marshall was given a grant to install a 26.6-kilowatt photovoltaic array to help reduce its greenhouse gas emissions. The college completed a carbon footprint analysis and has increased its purchase of renewable energy certificates to account for 12 percent of its electricity consumption.
The college purchases 18 percent of its food from local sources, including a dairy. Biodegradable to-go containers, utensils, and recycled napkins are available. There is a discount for using a refillable mug. Cardboard, plastic, aluminum, glass, paper, batteries, and fryer oil are recycled as part of a growing program that collects materials from residence halls.
The college has proposed a sustainable building policy to ensure that facilities are designed, constructed, and maintained in a sustainable fashion. All new facilities over 5,000 gross square feet, and major capital renovations costing more than 50 percent of building replacement value, are required to meet LEED Silver standards at a minimum.
Students may join the Environmental Action Alliance or work as Eco-Reps on campus. The Sustainability House is a themed living community that supports and works toward the implementation of green programs.
More than 100 bikes were donated to the college and are now used for a student bike program. There is an evening shuttle service for students and faculty, and facilities and operations utilizes electric carts. As the school is located in a residential area, and most students live within walking distance of campus, transportation is not a focus of sustainability efforts. However, the college does encourage faculty to live in the city of Lancaster to reduce commuting time.
The college makes neither a list of endowment holdings nor its shareholder voting record public. This information is available only to trustees and senior administrators at the investment office.
The college aims to optimize investment return and is exploring, but not currently invested in, renewable energy funds or similar investment vehicles.
Most of the endowment is in mutual funds or other commingled investment vehicles. For separately managed accounts, the college has no known proxy voting policy.

Data compiled from independent research and survey responses from schools. For information on data collection and evaluation, please see the Methodology section.