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Aided by an additional gift from industrialist Andrew Carnegie and land donated by the City, BFIT opened its doors in 1908.
In a codicil to his will, dated 1789, Franklin established a 200-year plan for a sum totaling £1,000 (about $4,400 at the time, or about $112,000 in 2010 dollars) that he gave to the city of Boston, where he was born.
In September 2019, the Institute announced they will be moving to a new campus located on seven-tenths of an acre in the Dudley Square section of Roxbury (now renamed Nubian Square) to be closer to the neighborhoods where current students live.
In September 2020, the Boston Globe leaked that the Institute was planning for a possible merger with the Wentworth Institute of Technology.
The new 85,000 square feet (7,900 m) building is expected to open in the autumn of 2022.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ranken Technical College | 1907 | $26.0M | 315 | 19 |
| Minneapolis Community and Technical College | 1914 | $6.7M | 500 | - |
| Pittsburgh Technical College | 1946 | $3.3M | 9 | - |
| Tyler Junior College | 1926 | $16.0M | 959 | 1 |
| Northeastern Technical College | 1969 | $12.0M | 165 | - |
| Crafton Hills College | 1972 | $99,999 | 365 | - |
| Denmark Technical College | 1947 | $13.4M | 50 | - |
| Stark State College | 1960 | $31.5M | 1,001 | 16 |
| Lakeshore Technical College | 1967 | $5.0M | 708 | 26 |
| Montgomery Community College | 1967 | $13.1M | 100 | 22 |
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Benjamin Franklin Institute of Technology may also be known as or be related to BENJAMIN FRANKLIN INSTITUTE OF, BENJAMIN FRANKLIN INSTITUTE OF TECHNOLOGY, Benjamin Franklin Institute Of Technology and Benjamin Franklin Institute of Technology.