EIN 26-3194155

The Wellesley Free Library Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2008
Most recent tax filings
2023-06-01
Description
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.
Total revenues
$523,014
2023
Total expenses
$518,971
2023
Total assets
$6,745,076
2023
Num. employees
1
2023

Program areas at The Wellesley Free Library Foundation

To enrich, not replace, traditional tax-based support for The Library through gifts, grants, and bequests from individuals and organizations, while reinforcing The need for continued and increased public support for The Library.
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.

Who funds The Wellesley Free Library Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$60,450
National Philanthropic TrustEducation$10,250
Quonochontaug FoundationGeneral & Unrestricted$10,000
...and 6 more grants received

Personnel at The Wellesley Free Library Foundation

NameTitleCompensation
Keith HigginsPresident$0
Elizabeth Aw RogersChair - Gove$0
Kevin MacDonaldAssistant TR$0
Kara Reinhardt BlockTreasurer$0
Laurel LyleClerk$0
...and 8 more key personnel

Financials for The Wellesley Free Library Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$264,498
Program services$0
Investment income and dividends$177,035
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$127,170
Net income from fundraising events$-45,689
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$523,014

Form 990s for The Wellesley Free Library Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-05990View PDF
2022-062023-01-14990View PDF
2021-062022-03-02990View PDF
2021-062022-02-11990View PDF
2020-062021-04-06990View PDF
...and 10 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from Quonochontaug Foundation
December 26, 2023
Received grants
Identified 4 new grant, including a grant for $30,000 from Foundation for Metrowest
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsLibraries and archivesCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
530 Washington St
Wellesley, MA 02482
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Phone
(781) 235-1610
IRS details
EIN
26-3194155
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Independent
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