EIN 04-2152598

Wellesley Students Aid Society

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1878
Most recent tax filings
2023-06-01
Description
Wellesley Students Aid Society provides loans and other means of support to Wellesley College students with demonstrated need, supplementing the college's financial aid programs. It was founded in 1878 for the purpose of providing funds for women who could not afford a Wellesley education. Today, it continues as a vibrant, independent corporation supported by alumnae and friends while providing financial assistance to students who demonstrate a financial need.
Total revenues
$559,703
2023
Total expenses
$1,550,007
2023
Total assets
$44,437,094
2023
Num. employees
0
2023

Program areas at Wellesley Students Aid Society

For over 100 years wsas has remained dedicated to giving Wellesley college Students the financial freedom to succeed in college and beyond. During fiscal year 2023, wsas provided vital tuition support for 869 Students with $760,000 in tuition grants and $242,916 in tuition loans. Through the wsas' student services grants program, wsas awarded $61,712 in grants to college departments to Aid funding of department-specific programming for Students. Wsas also provided $20,464 in short-term loans and $32,030 in grants for Students facing an emergency or unexpected expenses. For Students on financial Aid, wsas awarded $20,000 in winter clothing grants (200 Students), $150,000 in amazon.com gift cards (1,500 Students), and $31,900 in senior commencement gifts (319 Students). In these and many other ways, wsas opens the possibility of a Wellesley college education to smart, dedicated Students of all means.

Grants made by Wellesley Students Aid Society

GranteeGrant descriptionAmount
Wellesley CollegeScholarships$760,000

Who funds Wellesley Students Aid Society

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$35,500
Schwab Charitable FundEducation$19,000
American Online Giving FoundationGeneral Support$10,290
...and 9 more grants received

Personnel at Wellesley Students Aid Society

NameTitleCompensation
Catherine KefalasExecutive Director$120,885
Dana SundbladSecretary$0
Jamie SabinoBoard Member$0
Tanya M. RoyTreasurer$0
Denise Robbi-ArenaVice President / Director$0
...and 2 more key personnel

Financials for Wellesley Students Aid Society

RevenuesFYE 06/2023
Total grants, contributions, etc.$530,704
Program services$20,980
Investment income and dividends$351
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,668
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$559,703

Form 990s for Wellesley Students Aid Society

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062022-11-14990View PDF
2021-062021-11-15990View PDF
2020-062021-03-31990View PDF
2019-062020-02-06990View PDF
...and 9 more Form 990s
Data update history
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2024
Updated personnel
Identified 8 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Kingsley H Murphy Family Foundation
July 13, 2024
Used new vendors
Identified 1 new vendor, including
May 28, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
106 Central St
Wellesley, MA 02481
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
www1.wellesley.edu/studentsaid 
Phone
(781) 283-2292
IRS details
EIN
04-2152598
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1878
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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