NonprofitsWellesley College

Education

Wellesley College

WELLESLEY, MA

Total revenue

$379.1M

Total expenses

$361.7M

Net assets

$3.3B

Grants received

$128.7M

1,462 grants

EIN

042103637

Tax year

2023

Mission

To provide an excellent liberal arts education for women who will make a difference in the world.

Programs

2 programs

Wellelsey college has long tradition of need-blind admission for u.s. Citizens and permanent residents, making admission decisions without regard to a family's financial situation. Through its financial aid program, the college meets 100 percent of a student's demonstrated financial need. Resources dedicated to the financial aid program ensure that wellesley is successful in recruiting and enrolling a strong and diverse student body with continued attention to issues of financing and affordability. Approximately 60% of the student body receives financial aid and wellesley is widely recognized as one of the top 10 colleges in the country for students graduating with the least amount of debt.

Expenses: $82.1MGrants: $79.0M

Sponsored research: wellesley prides itself on its commitment to supporting the teacher-scholar ideal, enabling our gifted faculty members to integrate their love of teaching and working closely with students with their pursuit of the advancement of knowledge through their world-class research.

Expenses: $10.7M

Financials

FY 2023

Revenue

Contributions & grants$62.0M
Program service revenue$192.5M
Investment income$114.5M
Other revenue$10.1M
Total revenue$379.1M

Expenses

Grants paid$79.0M
Salaries & benefits$148.0M
Fundraising$8.2M
Other expenses$134.7M
Total expenses$361.7M
Total assets$3.9B
Net assets$3.3B

People

47 listed

NameRoleCompensation

DEBORAH F KUENSTNER

CHIEF INVESTMENT OFFICER

Board

$1.3M

60 hrs/wk

PAULA A JOHNSON

PRESIDENT

Board

$771K

60 hrs/wk

PIPER ORTON

VP FOR FIN. & ADMIN. & TREAS.

Board

$445K

60 hrs/wk

ANDREW SHENNAN

PROVOST AND DEAN OF COLLEGE

Board

$388K

60 hrs/wk

CRYSTAL DAUGHERTY - VP FOR

DEVELOPMENT & PUB AFF (AS OF 4/23)

Board

$279K

60 hrs/wk

SARAH JANE GUNTER

TRUSTEE

Board

2 hrs/wk

CHERYL HAYWOOD

TRUSTEE

Board

2 hrs/wk

MAIA HEYMANN

TRUSTEE

Board

2 hrs/wk

DOUGLAS W HOLLETT

TRUSTEE

Board

2 hrs/wk

SANDRA HORBACH

TRUSTEE

Board

2 hrs/wk

JULIE H JONES

TRUSTEE

Board

2 hrs/wk

VIVIAN KAO

TRUSTEE

Board

2 hrs/wk

SUSAN SALTZBART KILSBY

TRUSTEE

Board

2 hrs/wk

PATRICK LEE

TRUSTEE

Board

2 hrs/wk

SUSAN KOENIGSBERG LUCAS

TRUSTEE

Board

2 hrs/wk

ELIZABETH F MCCORMACK

TRUSTEE

Board

2 hrs/wk

TATIANA IVY MOISE

TRUSTEE

Board

2 hrs/wk

PAULINA PONCE DE LEON BARIDO

TRUSTEE

Board

2 hrs/wk

JENNIFER M SMITH

TRUSTEE

Board

2 hrs/wk

GRACE Y TOH

TRUSTEE

Board

2 hrs/wk

MARY ANN WAI SHENG TSAO

TRUSTEE

Board

2 hrs/wk

PETER TUFANO

TRUSTEE

Board

2 hrs/wk

SOPHIA SHAW

TRUSTEE

Board

2 hrs/wk

DEBORA DE HOYOS

CHAIR

Board

12 hrs/wk

CHRISTOPHER T PASKO

VICE CHAIR

Board

10 hrs/wk

TODD ABBRECHT

TRUSTEE

Board

2 hrs/wk

MARTHA GOLDBERG ARONSON

TRUSTEE

Board

2 hrs/wk

DOLORES L ARREDONDO

TRUSTEE

Board

2 hrs/wk

BRIAN C BRODERICK

TRUSTEE

Board

2 hrs/wk

LAURA WOOD CANTOPHER

TRUSTEE

Board

2 hrs/wk

ANNE SHEN CHAO

TRUSTEE

Board

2 hrs/wk

ELYSE CHERRY

TRUSTEE

Board

2 hrs/wk

CALLIE CROSSLEY

TRUSTEE

Board

2 hrs/wk

OPHELIA DAHL

TRUSTEE

Board

2 hrs/wk

ELIZABETH DESMOND

TRUSTEE

Board

2 hrs/wk

SUZANNE FREY

TRUSTEE

Board

2 hrs/wk

BETH C FRIEDMAN

TRUSTEE

Board

2 hrs/wk

ROSE C CARPENTER

DEPUTY CIO

Staff

$987K

60 hrs/wk

RAY OQUENDO

CHIEF OPERATING OFFICER

Staff

$922K

60 hrs/wk

MATTHEW VEILLEUX

INVESTMENT DIRECTOR

Staff

$484K

60 hrs/wk

KAREN PETRULAKIS

GENERAL COUNSEL

Staff

$448K

60 hrs/wk

SHEILAH HORTON

DEAN OF STUDENTS

Staff

$312K

60 hrs/wk

DAVE CHAKRABORTY

ASST VP FACILITIES MGMT

Staff

$303K

60 hrs/wk

THERESA PEACHES VALDES

DEAN OF ADMISSION & STU. FIN. SVCS

Staff

$267K

60 hrs/wk

MEGAN NUNEZ

DEAN OF FACULTY AFFAIRS

Staff

$253K

60 hrs/wk

MICHAEL JEFFRIES

DEAN OF ACADEMIC AFF.

Staff

$243K

60 hrs/wk

ANN VELENCHIK

FORMER DEAN OF ACADEMIC AFF.

Staff

$212K

60 hrs/wk

Independent contractors

DELLBROOK CONSTRUCTION LLC

CONSTRUCTION

$17.6M

WALSH BROTHERS INCORPORATED

CONSTRUCTION

$15.7M

TURNER CONSTRUCTION COMPANY

CONSTRUCTION

$12.2M

ELAINE CONSTRUCTION COMPANY

CONSTRUCTION

$11.9M

SUFFOLK CONSTRUCTION COMPANY INC

CONSTRUCTION

$6.8M

Grants received

Showing 200 of 1,462

FromAmountPurposeYear
$2M
PROGRAM/PROJECT SUPPORT
2024
$821K
SCHOLARSHIP FUND
2024
$748K
TO SUPPORT A HUMANITIES FOR ALL TIMES PROJECT
2024
$550K
EDUCATIONAL
2024
$500K
CORNELIA T. BAILEY GLOBAL FLORA MEZZANINE AND PERFORMANCE SPACE
2024
$425K
UNRESTRICTED GENERAL SUPPORT
2024
$300K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2024
$260K
PROGRAM AND OPERATING SUPPORT
2024
$253K
TO SUPPORT THE DEVELOPMENT AND CONSTRUCTION OF A NOVEL PARTICLE PHYSICS READOUT SYSTEM CALLED Q-PIX THAT WILL ENHANCE THE SENSITIVITY OF LIQUID NOBLE ELEMENT DETECTORS USED IN THE SEARCH FOR PHYSICS BEYOND THE STANDARD MODEL.
2024
$225K
GENERAL PURPOSES
2024
$175K
FOR AN ENDOWED SCHOLARSHIP - FINANCIAL AID
2024
$148K
TO PROVIDE MONEY TO THE EDUCATIONAL INSTITUTION FOR NEED BASED STUDENT LOANS.
2024
$148K
YOUTH LEARNING
2024
$135K
SIMONS EARLY CAREER INVESTIGATOR IN MARINE MICROBIAL ECOLOGY AND EVOLUTION AWARD
2024
$104K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$92K
UNRESTRICTED GENERAL
2024
$79K
GENERAL SUPPORT
2024
$73K
YOUTH LEARNING
2024
$60K
GENERAL SUPPORT
2024
$51K
CHARITABLE CONTRIBUTION
2024
$50K
OPERATIONS
2024
$50K
TO FUND STUDENT ACTIVITIES AND STUDENT RESEARCH GRANTS
2024
$50K
COSMETIC IMPROVEMENTS TO THE HANDICAP ACCESSIBLE ENTRANCE AT THE JEWETT ARTS CENTER
2024
$50K
FOR THE MARY JANE COUGHLIN EPLETT ENDOWED SCHOLARSHIP FUND
2024
$50K
CLOSING THE GAP FOR CHILES INDIGENOUS GROUPS?
2024
$40K
CHARITABLE CONTRIBUTION
2024
$31K
TO ESTABLISH UNDERGRADUATE RESEARCH FELLOWSHIPS
2024
$25K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$25K
WORKSHOP FOR METROWEST GIRLS TO IMPROVE MENTAL WELL-BEING ON SOCIAL MEDIA
2024
$25K
GENERAL USE.
2024
$25K
General & Unrestricted
2024
$25K
WOMEN'S LEADERSHIP PROGRAMS
2024
$25K
FOR CHARITABLE USE
2024
$20K
DONOR DESIGNATION/GRANT
2024
$20K
SCHOLARSHIP
2024
$19K
MATCHING GIFT
2024
$15K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$15K
Matching gifts for general operating support
2024
$15K
TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3)
2024
$15K
GENERAL OPERATIONS
2024
$15K
PUBLIC CHARITY SUPPORT
2024
$15K
GENERAL OPERATING
2024
$13K
EDUCATION
2024
$13K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$13K
UNRESTRICTED GENERAL
2024
$12K
UNRESTRICTED GENERAL
2024
$12K
FOR GENERAL SUPPORT.
2024
$11K
GENERAL OPERATING
2024
$11K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$10K
GENERAL SUPPORT OF MISSION
2024
$10K
CHARITABLE
2024
$10K
General Operating Support
2024
$10K
EDUCATION PROGRAMS
2024
$10K
EDUCATION OF WOMEN
2024
$10K
SCHOLARSHIPS: LOW-INCOME
2024
$10K
EDUCATION AND YOUTH DEVELOPMENT
2024
$10K
NEWLAMP (NORTHEAST WORKSHOP TO LEARN ABOUT MULTICULTURAL PHILOSOPHY)
2024
$10K
FOR PROGRAM SUPPORT.
2024
$10K
CHARITABLE SUPPORT. ANY RESTRICTIONS HAVE BEEN COMMUNICATED TO THE GRANTEE.
2024
$9K
HIGHER EDUCATION
2024
$8K
SCHOLARSHIP-SHENEIKA STEWART
2024
$8K
CHARITABLE GIFT
2024
$6K
PROGRAMATIC SUPPORT
2024
$6K
PROGRAMATIC SUPPORT
2024
$6K
CHECK 4075
2024
$6K
COLLEGES AND UNIVERSITIES
2024
$6K
UNRESTRICTED GENERAL
2024
$5K
TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTION
2024
$5K
GENERAL OPERATIONS
2024
$5K
SCHOLARSHIP
2024
$5K
EDUCATION
2024
$5K
WELLESLEY IS AN ALL-WOMEN'S INSTITUTION OF HIGHER LEARNING DEVOTED TO PROVIDING AN EXCELLENT EDUCATION AND DEVELOPING LEADERSHIP SKILLS. THE PURPOSE OF THE GRANT IS TO AUGMENT THE FAVROT FINANCIAL AID FUND AT WELLESLEY TO SUPPORT STUDENT SCHOLARSHIPS.
2024
$4K
FINANCIAL AID SCHOLARSHIP DONATION
2024
$4K
GENERAL OPERATING
2024
$3K
CROSBY MATCHING GIFTS TO EDUCATION
2024
$3K
CROSBY MATCHING GIFTS TO EDUCATION
2024
$3K
PAYMENT FOR EDUCATIONAL PURPOSES
2024
$3K
AWARDED SCHOLARSHIP GRANTS
2024
$3K
Grants made at the discretion of Board Members to qualified publicly-supported charities
2024
$3K
GENERAL CHARITABLE PURPOSES
2024
$3K
GENERAL
2024
$2K
TO SUPPORT CHARITABLE PURPOSE
2024
$2K
Employee Matching Gift-General support
2024
$2K
GENERAL SUPPORT
2024
$2K
DONATIONS - MATCHING GIFT
2024
$2K
EDUCATIONAL
2024
$2K
SCHOLARSHIPS
2024
$1K
CHARITABLE
2024
$1K
UNRESTRICTED GENERAL
2024
$1K
MATCHING GIFT PROGRAM
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
EDUCATION
2024
$1K
GENERAL SUPPORT
2024
$1K
500 unresricted 500 Class of 1957 Green Fund
2024
$1K
SCHOLARSHIPS
2024
$1K
The Annual Fund
2024
$1K
Wellesley Center for Women
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$1K
GENERAL PURPOSES
2024
$650
PROVIDE FUNDS FOR OPERATIONS
2024
$600
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$557
GENERAL OPERATING PURPOSE
2024
$500
GENERAL OPERATING
2024
$400
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$400
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$250
General educational purposes
2024
$250
UNRESTRICTED GENERAL OPERATING SUPPORT
2024
$250
Botanic Gardens
2024
$250
GENERAL SUPPORT
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
GENERAL OPERATING PURPOSE
2024
$200
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$100
MATCHING GIFTS
2024
$50
Matching Gifts
2024
$20
GENERAL SUPPORT
2024
$4M
TO FURTHER DONEE'S EXEMPT PURPOSE
2023
$3.1M
For grant recipient's exempt purposes
2023
$2M
SCIENCE CENTER AND MATH WING
2023
$1.2M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$748K
TO SUPPORT A HUMANITIES FOR ALL TIMES PROJECT
2023
$614K
GENERAL SUPPORT
2023
$600K
CHAIR FOR INCLUSIVE EXCELLENCE
2023
$500K
CORNELIA T. BAILEY GLOBAL FLORA MEZZANINE AND PERFORMANCE SPACE
2023
$410K
OPERATIONAL
2023
$300K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2023
$300K
COLLEGE-TO-CAREER INITIATIVE, ANNUAL FUND
2023
$273K
TO SUPPORT THE DEVELOPMENT AND CONSTRUCTION OF A NOVEL PARTICLE PHYSICS READOUT SYSTEM CALLED Q-PIX THAT WILL ENHANCE THE SENSITIVITY OF LIQUID NOBLE ELEMENT DETECTORS USED IN THE SEARCH FOR PHYSICS BEYOND THE STANDARD MODEL.
2023
$270K
SIMONS EARLY CAREER INVESTIGATOR IN MARINE MICROBIAL ECOLOGY AND EVOLUTION AWARD
2023
$260K
PROGRAM AND OPERATING SUPPORT
2023
$225K
GENERAL PURPOSES
2023
$200K
GENERAL TAX EXEMPT PURPOSES
2023
$190K
SCIENCE CENTER/GENERAL
2023
$138K
STIPENDS/FELLOWSHIPS
2023
$123K
GENERAL OPERATING SUPPORT
2023
$120K
UNRESTRICTED GENERAL SUPPORT
2023
$118K
SCIENCE CENTER CAPITAL CAMPAIGN: KEMPER HORTICULTURE AND ECOLOGY LABORATORY OVER 5 YEARS
2023
$103K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
GENERAL USE
2023
$100K
JCF GRANTS FROM DAFS AND ENDOWMENTS
2023
$100K
COSMETIC IMPROVEMENTS TO THE JEWETT ARTS CENTER
2023
$99K
GENERAL SUPPORT
2023
$92K
GENERAL SUPPORT
2023
$92K
UNRESTRICTED GENERAL
2023
$80K
PURPOSE DESIGNATED BY THE RECIPIENT
2023
$65K
SUBCONTRACT GRANT AWARD
2023

Funded by

$128.7M from 462 funders · 1,462 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$20.8M · 7 grants · 2018–2023

Ting Tsung & Wei Fong Chao Foundation

$15M · 9 grants · 2020–2024

Denise And Michael Kellen Foundation Inc

$13.1M · 4 grants · 2020–2024

Vanguard Charitable Endowment Program

$5.0M · 4 grants · 2020–2023

Calderwood Charitable Foundation

$4.8M · 3 grants · 2020–2022

The Shoreland Foundation

$4.6M · 5 grants · 2018–2023

Richard Ravitch Foundation Inc

$4M · 1 grant · 2023

Donor Advised Charitable Giving Inc

$4.0M · 8 grants · 2017–2023

Details

EIN042103637
NTEE codeB420
Subsection03
Ruling date1946-04
Formed1870
Employees2963
Volunteers0
WELLESLEY COLLEGE — Mission, Financials & Grants Received | Grantivo