EIN 04-2103637

Wellesley College

IRS 501(c) type
501(c)(3)
Num. employees
2,946
Year formed
1870
Most recent tax filings
2023-06-01
Description
Wellesley College is a highly selective private women's liberal-arts college founded in 1870 in the town of Wellesley, Massachusetts, United States, west of Boston.
Also known as...
New Haren Wellsly Club Well; Columbus Wellesley Club; Buffalo Wellesley Club; Wellesley in Phoenix
Total revenues
$385,569,831
2023
Total expenses
$340,731,004
2023
Total assets
$3,757,832,303
2023
Num. employees
2,946
2023

Program areas at Wellesley College

Outstanding education: Wellesley College is committed to ensuring that our excellent liberal arts curriculum is both intellectually and culturally broad to prepare our graduates for their lives after College. Wellesley offers more than 50 departmental and interdepartmental majors to approximately 2,300 students. The average class size is 17 to 20 students with a 7:1 student-faculty ratio.
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.
Wellesley College has a 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.

Who funds Wellesley College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Goldman Sachs Philanthropy Fund (GSPF)Education$2,259,500
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,028,743
Ting Tsung and Wei Fong Chao FoundationScience Center & Math Wing Support$2,000,000
...and 297 more grants received totalling $24,464,302

Personnel at Wellesley College

NameTitleCompensation
Todd AbbrechtChief Executive Officer , THL M.B.A. , Wellesley , Massachusetts$0
Ray OquendoChief Operating Officer / Director - Invest.operations / Director - Investment Operations$921,837
Deborah F KuenstnerChief Investment Officer$1,184,564
Lia GelinCo - Founder and Managing
Piper OrtonVice President for Finance and Administration and Treasurer$407,876
...and 10 more key personnel

Financials for Wellesley College

RevenuesFYE 06/2023
Total grants, contributions, etc.$45,718,423
Program services$187,033,270
Investment income and dividends$21,372,571
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$119,642,615
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,802,952
Total revenues$385,569,831

Form 990s for Wellesley College

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-25990View PDF
2019-062021-02-05990View PDF
...and 22 more Form 990s

Organizations like Wellesley College

OrganizationLocationRevenue
Bryn Mawr CollegeBryn Mawr, PA$241,836,662
Mount Holyoke CollegeSouth Hadley, MA$283,916,749
Scripps CollegeClaremont, CA$113,382,713
Mount Saint Mary's UniversityLos Angeles, CA$117,759,596
Barnard CollegeNew York, NY$313,721,507
Trustees of the Smith CollegeNorthampton, MA$587,487,822
Vassar CollegePoughkeepsie, NY$284,446,069
Spelman CollegeAtlanta, GA$194,372,216
Saint Mary's CollegeNotre Dame, IN$127,115,623
College of Saint BenedictSaint Joseph, MN$118,861,967
Data update history
August 10, 2024
Received grants
Identified 96 new grant, including a grant for $1,500,000 from Camilla Chandler Family Foundation
July 25, 2024
Updated personnel
Identified 4 new personnel
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 11, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 7 new grant, including a grant for $153,660 from American Heart Association (AHA)
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationWomen and girls
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
106 Central St
Wellesley, MA 02481
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
wellesley.edu/ 
Phone
(781) 283-1000
Facebook page
WellesleyCollege 
Twitter profile
@wellesley 
IRS details
EIN
04-2103637
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1870
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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