The F. W. Olin Foundation was established in 1938 by Franklin W. Olin, an engineer, entrepreneur, philanthropist and professional baseball player. In the 60 years since, the F.W. Olin Foundation has awarded grants totaling more than $300 million to construct and fully equip 72 buildings on 57 independent college campuses. The majority of these are teaching and laboratory facilities for engineering and science, but facilities for information technology, business, the humanities, and the arts, plus a number of libraries, have also been constructed. Grant recipients include Babson, Bucknell, Carleton, Case-Western, Colgate, Cornell, DePauw, Hampton, Harvey Mudd, Johns Hopkins, Marquette, Rose-Hulman Institute, Tufts, University of San Diego, University of Southern California, Vanderbilt, and Worcester Polytechnic.

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