NonprofitsWellesley Free Library Foundation Inc

Education

Wellesley Free Library Foundation Inc

WELLESLEY, MA

Total revenue

$708K

Total expenses

$674K

Net assets

$6.7M

Grants received

$1.3M

52 grants

EIN

263194155

Tax year

2023

Mission

The foundation was formed to support the wellesley free library, which is a department of the town of wellesley, massachusetts. The support includes a broad range of library needs such as materials, building maintenance, furnishings and programs.

Programs

1 program

Provides funds which allow the library to experiment and build collections that would otherwise not be possible, purchase exciting new databases, and showcase evolving materials format.

Expenses: $203KGrants: $203K

Financials

FY 2023

Revenue

Contributions & grants$420K
Program service revenue
Investment income$328K
Other revenue
Total revenue$708K

Expenses

Grants paid$369K
Salaries & benefits$24K
Fundraising$80K
Other expenses$280K
Total expenses$674K
Total assets$7.1M
Net assets$6.7M

People

16 listed

NameRoleCompensation

KEITH HIGGINS

PRESIDENT

Board

8 hrs/wk

MARK GROVER

TREASURER

Board

8 hrs/wk

KARA REINHARDT BLOCK

ASSISTANT TR

Board

2 hrs/wk

AMIEE MUNRO

CLERK

Board

8 hrs/wk

ALEXA PLENGE

CHAIR - FINA

Board

8 hrs/wk

LAUREL LYLE

CHAIR - DEVE

Board

8 hrs/wk

ELIZABETH AW ROGERS

CHAIR - GOVE

Board

8 hrs/wk

CATHERINE BUEKER

DIRECTOR

Board

2 hrs/wk

CAROL CARLSON

DIRECTOR

Board

2 hrs/wk

MOLLY MANNING

DIRECTOR

Board

2 hrs/wk

BILL HORN

DIRECTOR

Board

2 hrs/wk

CHRISSIE LAWRENCE

DIRECTOR

Board

2 hrs/wk

NORA PHILLIPS

DIRECTOR

Board

2 hrs/wk

TERENCE CONDREN

DIRECTOR

Board

2 hrs/wk

STEPAHNIE COUGHLAN

DIRECTOR

Board

2 hrs/wk

LINDA WILKINS

DIRECTOR

Board

2 hrs/wk

Independent contractors

MICHELLE HARRIS

CONSULTANT

$112K

Grants received

Showing 52 of 52

FromAmountPurposeYear
$20K
UNRESTRICTED GENERAL SUPPORT
2024
$68K
For grant recipient's exempt purposes
2023
$10K
GENERAL & UNRESTRICTED
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$8K
Operating Support/Annual Fund
2023
$250
PROGRAM/OPERATING SUPPORT
2023
$60K
For grant recipient's exempt purposes
2022
$30K
GENERAL SUPPORT
2022
$10K
GENERAL & UNRESTRICTED
2022
$7K
Operating Support/Annual Fund
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$1K
FOR DONEE'S EXEMPT PURPOSE
2022
$130K
For grant recipient's exempt purposes
2021
$130K
For grant recipient's exempt purposes
2021
$43K
For recipient's exempt purpose
2021
$7K
Operating Support/Annual Fund
2021
$512
GENERAL CONTRIBUTION
2021
$194K
For grant recipient's exempt purposes
2020
$20K
GENERAL & UNRESTRICTED
2020
$10K
GENERAL OPERATING
2020
$10K
FOR DONEE'S EXEMPT PURPOSE
2020
$9K
Operating Support/Annual Fund
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$3K
GENERAL OPERATION
2020
$1K
Capital Campaign
2020
$500
UNRESTRICTED GENERAL
2020
$281
GENERAL CONTRIBUTION
2020
$250
PROGRAM SUPPORT
2020
$100
MATCHING GIFTS
2020
$40K
For grant recipient's exempt purposes
2019
$250
PROGRAM SUPPORT
2019
$31K
For grant recipient's exempt purposes
2018
$250
PROGRAM SUPPORT
2018
$54K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$7K
Operating Support
2017

Funded by

$1.3M from 20 funders · 52 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$707K · 8 grants · 2017–2023

The Bank of America Charitable Foundation Inc

$250K · 5 grants · 2020–2023

Donor Advised Charitable Giving Inc

$41K · 4 grants · 2020–2023

Morgan Stanley Global Impact Funding Trust Inc

$40K · 4 grants · 2020–2024

Quonochontaug Foundation

$40K · 3 grants · 2020–2023

Boston Foundation Inc

$38K · 6 grants · 2017–2023

The Danae And John Foley Foundation

$30K · 2 grants · 2020–2021

Details

EIN263194155
NTEE codeB117
Subsection03
Ruling date2008-11
Formed2008
Employees1
Volunteers40
WELLESLEY FREE LIBRARY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo