Charles Planck was named Master of College F on October 10, 1968. Planning sessions were held in the Spring of 1969 and the name Tolstoy College was chosen because of the importance Tolstoy gave "in his life and work understanding education, society, and politics." These three areas became the focus of the college's concern.

In Fall 1969, College F had 2 main teachers, 15-25 students, and a storefront on Main Street. In the two courses and other informal discussions, theories and means of educational and political change were studied. The college was most interested in 'non-violent anarchists like Tolstoy and a variety of thinkers and movements whose chief commitment is to the freedom of the individual and to the preservation and creation of autonomous communities of self-governing men and women."

In the Spring of 1972, Professor Planck wrote that College F had grown but was still relatively small: 4-5 courses, 2-4 faculty, 80-100 students per term. Still concerned with the questions of political, social and educational change, the activities had shifted from a theoretical bend to a more practical direction: members had participated in the founding of a local experimental school; people from outside the university were being included in college activities; and existing alternative institutions were being considered.

In June 1973, Charles Planck resigned from the university in order to pursue farming.