Wellesley College

Organization Overview

Wellesley College is located in Wellsley, MA. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Wellesley College employed 2,890 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellesley College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Wellesley College generated $515.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $323.4m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AN EXCELLENT LIBERAL ARTS EDUCATION FOR WOMEN WHO WILL MAKE A DIFFERENCE IN THE WORLD.

Describe the Organization's Program Activity:

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 2,200 STUDENTS. THE AVERAGE CLASS SIZE IS 17 TO 20 STUDENTS WITH A 7:1 STUDENT-FACULTY RATIO.


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 PERCENT 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.


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.


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Outside Vendors & Contractors

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Suffolk Construction Company Inc
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Dellbrook Construction Llc
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Clinical Research Sequencing Platform
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,903,375
All other contributions, gifts, grants, and similar amounts not included above$60,280,440
Noncash contributions included in lines 1a–1f $21,274,545
Total Revenue from Contributions, Gifts, Grants & Similar$68,183,815
Total Program Service Revenue$152,659,403
Investment income $6,283,101
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $280,814,974
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $515,515,442

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Wellesley College has recieved totaling $37,756.

Awarding OrganizationAmount
Favrot Fund

Houston, TX

PURPOSE: WELLESLEY IS AN ALL-WOMENS 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 TO SUPPORT STUDENT SCHOLARSHIPS.

$15,000
Dorothy D Ruggles Trust V940

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$7,744
Amy And Steve Unfried Foundation

Wilson, WY

PURPOSE: CHARITABLE

$5,000
Reamer Family Foundation

Boston, MA

PURPOSE: EDUCATION

$5,000
Angelo H Vergobbi Irrev Trust Ua 7-31-79

Dallas, TX

PURPOSE: SCHOLARSHIP

$2,500
Hyman Levine Family Foundation Ldor Vdor

Beverly Hills, CA

PURPOSE: CHARITY/EDUCATION

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,285,397,056
Earnings$1,026,472,781
Net Contributions$21,401,639
Other Expense$52,076,639
Grants$44,409,376
Ending Balance$3,236,785,461

Peer Organizations

Organization NameAssets
Berklee College Of Music Inc
Boston, MA
$384,612,408
Ithaca College
Ithaca, NY
$365,679,639
Trustees Of Amherst College
Amherst, MA
$407,702,412
Wellesley College
Wellsley, MA
$515,515,442
Touro University
New York, NY
$321,976,604
Williams College
Williamstown, MA
$397,351,793
Providence College
Providence, RI
$299,300,711
Wesleyan University
Middletown, CT
$326,592,000
Emerson College
Boston, MA
$275,696,398
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Trustees Of The College Of The Holy Cross
Worcester, MA
$265,241,305
Babson College
Babson Park, MA
$304,101,925

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