WELLESLEY COLLEGE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WELLESLEY COLLEGE (EIN 04-2103637)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202601359349304805
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T09:20:34+00:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103637 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wellesley College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WELL | BusinessNameControlTxt |
| Phone | 7812831000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024818203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAULA A JOHNSON | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7812831000 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kristin Anderson | PreparerPersonNm |
| PTIN | P01231300 | PTIN |
| Phone | 6179881000 | PhoneNum |
| Preparation | 2026-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAULA A JOHNSON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 024818203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $625,057,236 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WELLESLEY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE AN EXCELLENT LIBERAL ARTS EDUCATION FOR WOMEN WHO WILL MAKE A DIFFERENCE IN THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 3003 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $11,396,743 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,534,090 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $61,979,755 | PYContributionsGrantsAmt |
| CY Contributions Grants | $98,926,717 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $192,485,812 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $205,917,971 | CYProgramServiceRevenueAmt |
| PY Investment Income | $114,526,974 | PYInvestmentIncomeAmt |
| CY Investment Income | $179,405,620 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,074,738 | PYOtherRevenueAmt |
| CY Other Revenue | $2,486,885 | CYOtherRevenueAmt |
| PY Total Revenue | $379,067,279 | PYTotalRevenueAmt |
| CY Total Revenue | $486,737,193 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $79,019,986 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $79,030,421 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $147,977,179 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $156,489,140 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,527,194 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $134,703,425 | PYOtherExpensesAmt |
| CY Other Expenses | $138,798,465 | CYOtherExpensesAmt |
| PY Total Expenses | $361,700,590 | PYTotalExpensesAmt |
| CY Total Expenses | $374,318,026 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $17,366,689 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $112,419,167 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,899,240,908 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,206,499,425 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $601,833,309 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $583,313,487 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,297,407,599 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,623,185,938 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE AN EXCELLENT LIBERAL ARTS EDUCATION FOR WOMEN WHO WILL MAKE A DIFFERENCE IN THE WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $194,040,763 | ExpenseAmt |
| Revenue | $205,557,903 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $82,814,658 | ExpenseAmt |
| Grant | $79,030,421 | GrantAmt |
| Desc | WELLELSEY 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 FUNDING AND AFFORDABILITY. APPROXIMATELY 60% OF THE STUDENT BODY RECEIVES FINANCIAL AID. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,933,450 | ExpenseAmt |
| Revenue | $347,568 | RevenueAmt |
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $288,788,871 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 534 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3003 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (true) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIPER ORTON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7812831000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1Txt |
| City | WELLESLEY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02481 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (50 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Paula A Johnson | ||||||||||
| President | 70.0 | 0.0 | Yes (X) | Yes (X) | $1,201,442 | $0 | $162,773 | |||
| Anne Shen Chao | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Beth C Friedman | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Brian C Broderick | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Callie Crossley | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Cheryl Jenkins Haywood | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Christopher T Pasko | ||||||||||
| Vice Chair | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Debora Hoyos | ||||||||||
| Chair | 12.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dena Boronkay Rashes | ||||||||||
| Trustee (As of 7/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dolores L Arredondo | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Douglas W Hollett | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Elizabeth Desmond | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Elizabeth F McCormack | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Elyse Cherry | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jennifer Eplett Reilly | ||||||||||
| Trustee (As of 7/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jennifer M Smith | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Julie H Jones | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Maia Heymann | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Martha Goldberg Aronson | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mary Ann Tsao | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ophelia Dahl | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Patrick Lee | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Paulina Ponce de Len Barid | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Peter Tufano | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Sandra Horbach | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Sarah Jane Gunter | ||||||||||
| Vice Chair | 10.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Sophia Shaw | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Stephanie Hsieh | ||||||||||
| Trustee (As of 7/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Susan Harmon | ||||||||||
| Trustee (As of 7/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Susan Koenigsberg Lucas | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Susan Saltzbart Kilsby | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Suzanne Frey | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Tatiana Ivy Moise | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Vivian Kao | ||||||||||
| Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Courtney Coile | ||||||||||
| Provost and Dean of College (As of 7/24) | 60.0 | 0.0 | Yes (X) | $247,415 | $0 | $26,098 | ||||
| Crystal Daugherty | ||||||||||
| VP for Development & Pub. Aff. (Until 10/24) | 60.0 | 0.0 | Yes (X) | $410,993 | $0 | $21,205 | ||||
| Deborah F Kuenstner | ||||||||||
| Chief Investment Officer | 60.0 | 0.0 | Yes (X) | $1,797,310 | $0 | $66,527 | ||||
| Marisa Jaffe | ||||||||||
| VP for Development & Pub. Aff. | 60.0 | 0.0 | Yes (X) | $216,788 | $0 | $22,651 | ||||
| Piper Orton | ||||||||||
| VP for Fin. & Admin. & Treas. | 60.0 | 0.0 | Yes (X) | $476,000 | $0 | $48,070 | ||||
| Megan Nunez | ||||||||||
| Dean of Faculty Affairs | 60.0 | 0.0 | $277,921 | $0 | $123,972 | Yes (X) | ||||
| Michael Jeffries | ||||||||||
| Dean of Academic Aff. | 60.0 | 0.0 | $266,117 | $0 | $54,206 | Yes (X) | ||||
| Sheilah Horton | ||||||||||
| Dean of Students | 60.0 | 0.0 | $327,852 | $0 | $125,559 | Yes (X) | ||||
| Theresa Peaches Valdes | ||||||||||
| Dean of Admission & Stu. Fin. Svcs | 60.0 | 0.0 | $277,192 | $0 | $39,833 | Yes (X) | ||||
| Christopher Parker | ||||||||||
| Investment Director | 60.0 | 0.0 | $404,265 | $0 | $93,490 | Yes (X) | ||||
| Karen Petrulakis | ||||||||||
| General Counsel | 60.0 | 0.0 | $441,570 | $0 | $69,251 | Yes (X) | ||||
| Matthew Veilleux | ||||||||||
| Investment Director | 60.0 | 0.0 | $508,384 | $0 | $81,343 | Yes (X) | ||||
| Ray Oquendo | ||||||||||
| Chief Operating Officer | 60.0 | 0.0 | $957,910 | $0 | $70,057 | Yes (X) | ||||
| Rose C Carpenter | ||||||||||
| Deputy CIO | 60.0 | 0.0 | $1,026,440 | $0 | $174,080 | Yes (X) | ||||
| Andrew Shennan | ||||||||||
| Provost and Dean of College (Until 6/24) | 30.0 | 0.0 | $413,832 | $0 | $58,462 | Yes (X) | ||||
| Ann Velenchik | ||||||||||
| Former Dean of Academic Aff. | 60.0 | 0.0 | $213,590 | $0 | $32,662 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,465,021 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,270,239 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 382 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Turner Construction Company | |||||
| 2 Seaport Lane - 2nd Floor | Boston | MA | 02210 | Construction | $57,381,279 |
| Dellbrook Construction LLC | |||||
| One Adams Place | Quincy | MA | 02169 | Construction | $18,424,586 |
| Walsh Brothers Incorporated | |||||
| 210 Commercial Street | Boston | MA | 02109 | Construction | $11,599,994 |
| Suffolk Construction Company Inc | |||||
| 65 Allerton Street | Boston | MA | 02119 | Construction | $9,049,251 |
| Bowdoin Construction | |||||
| 220-1 Reservoir Street | Needham | MA | 02494 | Construction | $6,678,317 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 145 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,846,769 | GovernmentGrantsAmt |
| All Other Contributions | $94,079,948 | AllOtherContributionsAmt |
| Noncash Contributions | $7,564,413 | NoncashContributionsAmt |
| Total Contributions | $98,926,717 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| STUDENT TUITION AND FEES | 900099 | $153,724,044 | $153,724,044 | |
| STUDENT ROOM AND BOARD | 900099 | $44,038,589 | $44,038,589 | |
| AUXILIARY ENTERPRISES | 900099 | $3,495,885 | $3,483,385 | $12,500 |
| WELLESLEY CENTERS FOR WOMEN | 900099 | $1,600,625 | $1,600,625 | |
| SPONSORED RESEARCH | 900099 | $347,568 | $347,568 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,711,260 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,711,260 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $205,917,971 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,128,663 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $6,405,169 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,723,494 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $292,805,000 | SecuritiesAmt |
| Other | $1,792,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $137,340,974 | SecuritiesAmt |
| Other | $979,069 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $155,464,026 | SecuritiesAmt |
| Other | $812,931 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,276,957 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,492,189 | UnrelatedBusinessRevenueAmt |
| Exclusion | $153,784,768 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Nehoiden Golf Club | Desc |
| Business | 713990 | BusinessCd |
| Total Revenue Column | $2,486,885 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,486,885 | UnrelatedBusinessRevenueAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,486,885 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $486,737,193 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $205,905,471 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,396,743 | UnrelatedBusinessRevenueAmt |
| Exclusion | $170,508,262 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,396,680 | TotalAmt |
| Program Services | $68,396,680 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,633,741 | TotalAmt |
| Program Services | $10,633,741 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,037,569 | TotalAmt |
| Program Services | $1,581,145 | ProgramServicesAmt |
| Management And General | $2,923,662 | ManagementAndGeneralAmt |
| Fundraising | $532,762 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $622,462 | TotalAmt |
| Program Services | $622,462 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,348,341 | TotalAmt |
| Program Services | $79,461,840 | ProgramServicesAmt |
| Management And General | $24,838,807 | ManagementAndGeneralAmt |
| Fundraising | $5,047,694 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,807,357 | TotalAmt |
| Program Services | $8,636,153 | ProgramServicesAmt |
| Management And General | $1,805,373 | ManagementAndGeneralAmt |
| Fundraising | $365,831 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,461,003 | TotalAmt |
| Program Services | $15,662,935 | ProgramServicesAmt |
| Management And General | $6,213,805 | ManagementAndGeneralAmt |
| Fundraising | $584,263 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,212,408 | TotalAmt |
| Program Services | $5,877,465 | ProgramServicesAmt |
| Management And General | $2,000,924 | ManagementAndGeneralAmt |
| Fundraising | $334,019 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,172,997 | TotalAmt |
| Program Services | $192,874 | ProgramServicesAmt |
| Management And General | $6,972,241 | ManagementAndGeneralAmt |
| Fundraising | $7,882 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,297,759 | TotalAmt |
| Program Services | $55,732 | ProgramServicesAmt |
| Management And General | $1,242,027 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,386 | TotalAmt |
| Management And General | $656,386 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,800 | TotalAmt |
| Management And General | $114,800 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,745,090 | TotalAmt |
| Program Services | $7,587,831 | ProgramServicesAmt |
| Management And General | $157,259 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,126,017 | TotalAmt |
| Program Services | $4,515,101 | ProgramServicesAmt |
| Management And General | $12,029,252 | ManagementAndGeneralAmt |
| Fundraising | $581,664 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,760,699 | TotalAmt |
| Program Services | $4,062,037 | ProgramServicesAmt |
| Management And General | $1,609,656 | ManagementAndGeneralAmt |
| Fundraising | $89,006 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,925,789 | TotalAmt |
| Program Services | $4,594,332 | ProgramServicesAmt |
| Management And General | $203,854 | ManagementAndGeneralAmt |
| Fundraising | $127,603 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250 | TotalAmt |
| Program Services | $250 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,354,077 | TotalAmt |
| Program Services | $432,515 | ProgramServicesAmt |
| Management And General | $6,920,989 | ManagementAndGeneralAmt |
| Fundraising | $573 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,527,018 | TotalAmt |
| Program Services | $4,605,801 | ProgramServicesAmt |
| Management And General | $2,302,697 | ManagementAndGeneralAmt |
| Fundraising | $618,520 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,373 | TotalAmt |
| Program Services | $88,996 | ProgramServicesAmt |
| Management And General | $49,343 | ManagementAndGeneralAmt |
| Fundraising | $2,034 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,797,768 | TotalAmt |
| Program Services | $15,797,768 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,091,117 | TotalAmt |
| Program Services | $29,122,507 | ProgramServicesAmt |
| Management And General | $3,306,788 | ManagementAndGeneralAmt |
| Fundraising | $661,822 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,688,708 | TotalAmt |
| Program Services | $3,688,708 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| BANK FEES | $8,157,249 | $8,156,746 | $503 | |
| STUDY AWAY EXPENSES | $6,551,403 | $6,511,236 | $40,167 | |
| EQUIPMENT RENTAL | $1,462,896 | $711,402 | $35,142 | $716,352 |
| PRINTING & MAILING | $555,457 | $221,597 | $237,514 | $96,346 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,672,612 | TotalAmt |
| Program Services | $7,571,017 | ProgramServicesAmt |
| Management And General | $1,801,233 | ManagementAndGeneralAmt |
| Fundraising | $300,362 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,318,026 | TotalAmt |
| Program Services | $288,788,871 | ProgramServicesAmt |
| Management And General | $76,001,961 | ManagementAndGeneralAmt |
| Fundraising | $9,527,194 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,171,037 | BOYAmt |
| EOY | $18,626,909 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,900,238 | BOYAmt |
| EOY | $130,231,680 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,487,705 | BOYAmt |
| EOY | $67,943,778 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,256 | BOYAmt |
| EOY | $288,988 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $300,000 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,793,383 | BOYAmt |
| EOY | $4,778,879 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $594,645 | BOYAmt |
| EOY | $474,296 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,900,375 | BOYAmt |
| EOY | $13,187,126 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,205,336,402 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $472,718,075 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $633,300,286 | BOYAmt |
| EOY | $732,618,327 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,128,244,000 | BOYAmt |
| EOY | $1,168,526,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,928,167,983 | BOYAmt |
| EOY | $2,069,523,442 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,899,240,908 | BOYAmt |
| EOY | $4,206,499,425 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,183,401 | BOYAmt |
| EOY | $68,238,808 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $707,830 | BOYAmt |
| EOY | $142,733 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,810,547 | BOYAmt |
| EOY | $13,492,424 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,338,854 | BOYAmt |
| EOY | $216,041,490 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,797,742 | BOYAmt |
| EOY | $228,570,923 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,994,935 | BOYAmt |
| EOY | $56,827,109 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $601,833,309 | BOYAmt |
| EOY | $583,313,487 | EOYAmt |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,015,050,000 | BOYAmt |
| EOY | $1,103,606,000 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,282,357,599 | BOYAmt |
| EOY | $2,519,579,938 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,297,407,599 | BOYAmt |
| EOY | $3,623,185,938 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,899,240,908 | BOYAmt |
| EOY | $4,206,499,425 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $112,419,167 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $189,082,231 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $24,276,941 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,183,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,807,794 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,718,423 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,724,755 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $98,926,717 | CurrentTaxYearAmt |
| Total | $335,361,504 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,183,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,807,794 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,718,423 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,724,755 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $98,926,717 | CurrentTaxYearAmt |
| Total | $335,361,504 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,847,989 | SubstantialContributorsTotAmt |
| Public Support Total170 | $321,513,515 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,992,901 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,893,756 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,476,756 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,865,871 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,723,494 | CurrentTaxYearAmt |
| Total | $85,952,778 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $2,678,853 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,534,090 | CurrentTaxYearAmt |
| Total | $5,212,943 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,575,733 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,371,692 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,734,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,991,277 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $32,672,952 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $459,200,177 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $952,307,906 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.70016 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67462 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Public Support PY509 | 0.0 | PublicSupportPY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0 | InvestmentIncomePYPct |
| Private Foundation509 | Yes (X) | PrivateFoundation509Ind |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Adj Net Income Distributable | $0 | CYAdjNetIncomeDistributableAmt |
| CY Pct85 Adjusted Net Income | $0 | CYPct85AdjustedNetIncomeAmt |
| CY Total Min Ast Distributable | $0 | CYTotalMinAstDistributableAmt |
| CY Greater Adjusted Minimum | $0 | CYGreaterAdjustedMinimumAmt |
| CY Income Tax Imposed PY | $0 | CYIncomeTaxImposedPYAmt |
| CY Distributable As Adjusted | $0 | CYDistributableAsAdjustedAmt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - AUXILIARY ENTERPRISES, COLUMN A - 3078229.0, COLUMN B - 2641956.0, COLUMN C - 3739264.0, COLUMN D - 4078825.0, COLUMN E - , COLUMN F - 13538274.0; DESCRIPTION - OTHER REVENUE, COLUMN A - 2493246.0, COLUMN B - 6729736.0, COLUMN C - 5994986.0, COLUMN D - 3912452.0, COLUMN E - , COLUMN F - 19130420.0; DESCRIPTION - WELLESLEY COLLEGE CLUB, COLUMN A - 4258.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 4258.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $2,400 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $127,636 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $130,036 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE ENGAGES A GOVERNMENTAL RELATIONS FIRM FOR DIRECT LOBBYING ACTIVITIES ON BEHALF OF THE COLLEGE. ADDITIONALLY, THE COLLEGE PAID MEMBERSHIP DUES TO ASSOCIATIONS FOR HIGHER EDUCATION INSTITUTIONS, SOME PORTION OF WHICH MAY HAVE BEEN USED FOR LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,991,223,949 | BeginningYearBalanceAmt |
| Contributions | $46,870,855 | ContributionsAmt |
| Investment Earnings Or Losses | $332,909,853 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $62,723,148 | GrantsOrScholarshipsAmt |
| Other Expenditures | $138,559,560 | OtherExpendituresAmt |
| End Year Balance | $3,169,721,949 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,888,869,551 | BeginningYearBalanceAmt |
| Contributions | $17,816,296 | ContributionsAmt |
| Investment Earnings Or Losses | $207,245,641 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,470,205 | GrantsOrScholarshipsAmt |
| Other Expenditures | $62,237,334 | OtherExpendituresAmt |
| End Year Balance | $2,991,223,949 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,846,864,931 | BeginningYearBalanceAmt |
| Contributions | $43,749,570 | ContributionsAmt |
| Investment Earnings Or Losses | $108,025,943 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $53,816,843 | GrantsOrScholarshipsAmt |
| Other Expenditures | $55,954,050 | OtherExpendituresAmt |
| End Year Balance | $2,888,869,551 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,236,785,461 | BeginningYearBalanceAmt |
| Contributions | $23,310,440 | ContributionsAmt |
| Investment Earnings Or Losses | -$306,875,113 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $48,331,934 | GrantsOrScholarshipsAmt |
| Other Expenditures | $58,023,923 | OtherExpendituresAmt |
| End Year Balance | $2,846,864,931 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,285,397,056 | BeginningYearBalanceAmt |
| Contributions | $21,401,639 | ContributionsAmt |
| Investment Earnings Or Losses | $1,026,472,781 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $44,409,376 | GrantsOrScholarshipsAmt |
| Other Expenditures | $52,076,639 | OtherExpendituresAmt |
| End Year Balance | $3,236,785,461 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.2742 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.7258 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,423,426 | OtherCostOrOtherBasisAmt |
| Book Value | $36,423,426 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,014,850,656 | OtherCostOrOtherBasisAmt |
| Depreciation | $441,413,952 | DepreciationAmt |
| Book Value | $573,436,704 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,196,608 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,421,829 | DepreciationAmt |
| Book Value | $9,774,779 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $130,865,712 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,882,294 | DepreciationAmt |
| Book Value | $112,983,418 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $732,618,327 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Closely-held equity interests | ||
| Financial derivatives | ||
| PRIVATE EQUITY | $1,144,887,000 | F |
| REAL ASSETS | $157,578,000 | F |
| ABSOLUTE RETURN | $688,246,000 | F |
| MISCELLANEOUS OTHER | $78,812,442 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,069,523,442 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| ANNUITIES & UNITRUSTS PAYABLE | $30,558,246 |
| ASSET RETIREMENT & ENVIRONMENTAL OBLIGATION | $26,268,863 |
| GOVERNMENT LOAN ADVANCES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $56,827,109 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $607,242,297 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $189,082,231 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $24,276,940 | OtherRevenueAmt |
| Revenue Not Reported | $213,359,171 | RevenueNotReportedAmt |
| Revenue Subtotal | $393,883,126 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $24,491,337 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $68,362,730 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $92,854,067 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $486,737,193 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $281,463,959 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $281,463,959 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $24,491,337 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $68,362,730 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $92,854,067 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $374,318,026 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1a FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION | WELLESLEY COLLEGE DOES NOT REPORT AS REVENUE ANY GIFTS THAT ARE WORKS OF ART. IN ADDITION, THE COLLEGE DOES NOT CAPITALIZE WORKS OF ART AS ASSETS ON ITS BALANCE SHEET. THIS TREATMENT IS PERMITTED UNDER SFAS 116. THE COLLEGE'S AUDITED FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING WORKS OF ART, HISTORICAL TREASURE, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. |
| Schedule D, Part III, Line 4 DESCRIPTION OF ORGANIZATION'S COLLECTION | THE DAVIS MUSEUM AND CULTURAL CENTER HAS A PERMANENT COLLECTION OF APPROXIMATELY 16,500 OBJECTS DATING FROM ANCIENT TIMES TO PRESENT DAY. INCLUDED ARE PAINTINGS, SCULPTURES, DECORATIVE OBJECTS, AND WORKS ON PAPER REPRESENTING CULTURES AROUND THE WORLD. THE COLLECTION OF THE MUSEUM SERVES AS A VALUED TEACHING RESOURCE FOR STUDENTS AND FACULTY IN MULTIPLE DISCIPLINES. PROFESSORS FREQUENTLY ASSIGN STUDENTS TO SEE AND WRITE ABOUT PIECES BEING SHOWN IN THE MUSEUM; THE MUSEUM ALSO MAKES AVAILABLE WORKS FROM THE PERMANENT COLLECTION TO CLASSES MEETING IN THE MUSEUM. FUNDAMENTAL TO THE SPIRIT OF THESE EXERCISES IS THE STUDENTS' ENCOUNTERS WITH ORIGINAL WORKS OF ART. |
| Schedule D, Part V, Line 2 | WELLESLEY COLLEGE HAS ADOPTED ASU 2016-14, PRESENTATION OF THE FINANCIAL STATEMENTS FOR NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE JUNE 30, 2025 AUDITED FINANCIAL STATEMENTS CLASSIFY NET ASSETS AS EITHER NET ASSETS WITHOUT DONOR RESTRICTIONS, OR NET ASSETS WITH DONOR RESTRICTIONS. FOR PURPOSES OF SCHEDULE D, LINE 2, WELLESLEY COLLEGE HAS REPORTED ENDOWMENT FUNDS WITHOUT DONOR RESTRICTIONS AS BOARD DESIGNATED OR QUASI-ENDOWMENT AND ENDOWMENT FUNDS WITH DONOR RESTRICTIONS AS PERMANENT ENDOWMENT, RESPECTIVELY. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | INTENDED USES OF ENDOWMENT FUNDS THE WELLESLEY COLLEGE ENDOWMENT PROVIDES CRITICAL FUNDING THAT SUPPORTS FINANCIAL AID AND FACULTY SALARIES, MAINTAINS AND EXPANDS FACILITIES, AND UNDERWRITES NEW INITIATIVES AND PROGRAMS. THE ENDOWMENT HAS GROWN TO PROVIDE APPROXIMATELY 40% OF OPERATING REVENUE. WELLESLEY COLLEGE'S STRONG AND PRUDENT FINANCIAL MANAGEMENT ENSURES THE PURCHASING POWER OF THE ENDOWMENT FOR GENERATIONS TO COME. THE TOP USES OF THE ENDOWMENT FOR FY2025 WERE FINANCIAL AID AND FACULTY SALARIES. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE COLLEGE HAS NO MATERIAL UNCERTAIN TAX PROVISIONS AS OF JUNE 30, 2025 AND 2024. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Unrealized Gain (Loss) on Interest Rate Swap - -579382 Periodic Related Changes other than Net Periodic Pension - 950100 Merger of Wellesley College Alumnae Association - 23906222 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Financial Aid and Other Non-Operating Expenses - 68362730 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Financial Aid and Other Non-Operating Expenses - 68362730 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | THE COLLEGE PUBLICIZES ITS NONDISCRIMINATORY POLICY ON ITS PRIMARILY PUBLICLY ACCESSIBLE INTERNET HOME PAGE AT ALL TIMES DURING THE YEAR. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | WELLESLEY COLLEGE PARTICIPATES IN VARIOUS STUDENT FINANCIAL AID PROGRAMS FROM THE U.S. DEPARTMENT OF EDUCATION, INCLUDING THE FOLLOWING PROGRAMS: PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, PERKINS LOANS, AND COLLEGE WORK-STUDY PROGRAMS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (22 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $236,730 |
| East Asia and the Pacific | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $450,503 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $6,236,763 |
| Middle East and North Africa | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $52,805 |
| South America | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $257,870 |
| South Asia | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $51,959 |
| Sub-Saharan Africa | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $104,794 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $70,032 |
| Russia and Neighboring States | 0 | 0 | Program Services | STUDY ABROAD AND GLOBAL INTERNSHIPS | $4,000 |
| Central America and the Caribbean | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $944,706 |
| East Asia and the Pacific | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $2,422,680 |
| Europe (Including Iceland and Greenland) | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $795,469 |
| Middle East and North Africa | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $392,040 |
| Russia and Neighboring States | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $934,907 |
| South America | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $999,977 |
| South Asia | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $1,240,201 |
| Sub-Saharan Africa | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $2,137,205 |
| North America (Canada & Mexico only) | 0 | 0 | GRANTS TO STUDENTS | FINANCIAL AID | $766,556 |
| Central America and the Caribbean | 0 | 0 | Investments | $959,178,483 | |
| North America (Canada & Mexico only) | 0 | 0 | Investments | $5,131,701 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $144,072,219 | |
| Sub-Saharan Africa | 0 | 0 | Investments | $29,174,555 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $15,195,436 | SubtotalSpentAmt |
| Continuation Spent | $1,140,460,719 | ContinuationSpentAmt |
| Total Spent | $1,155,656,155 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| FINANCIAL AID | Central America and the Caribbean | 11 | $944,706 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | East Asia and the Pacific | 51 | $2,422,680 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | Europe (Including Iceland and Greenland) | 10 | $795,469 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | Middle East and North Africa | 5 | $392,040 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | Russia and Neighboring States | 10 | $934,907 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | South America | 13 | $999,977 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | South Asia | 15 | $1,240,201 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | Sub-Saharan Africa | 24 | $2,137,205 | CREDIT TO STUDENT ACCOUNT |
| FINANCIAL AID | North America (Canada & Mexico only) | 10 | $766,556 | CREDIT TO STUDENT ACCOUNT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE AWARDS AID TO MEET 100% OF A STUDENT'S DEMONSTRATED NEED. ALL AID IS CREDITED TO THE STUDENT'S ACCOUNT. IF THE STUDENT WITHDRAWS FROM WELLESLEY, THE AID IS ADJUSTED ACCORDINGLY. FINANCIAL AID PAYMENTS IN CONNECTION WITH A STUDY ABROAD PROGRAM ARE MADE WHILE THE STUDENT IS LIVING OUTSIDE THE UNITED STATES. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL AID | GrantTypeTxt |
| Recipient | 1170 | RecipientCnt |
| Cash Grant | $68,396,680 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE AWARDS AID TO MEET 100% OF A STUDENT'S DEMONSTRATED NEED. ALL AID IS CREDITED TO THE STUDENT'S ACCOUNT. IF THE STUDENT WITHDRAWS FROM WELLESLEY, THE AID IS ADJUSTED ACCORDINGLY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paula A Johnson | ||||||||||||||
| President | $761,542 | $0 | $0 | $0 | $439,900 | $0 | $36,225 | $0 | $126,548 | $0 | $1,364,215 | $0 | $0 | $0 |
| Andrew Shennan | ||||||||||||||
| Provost and Dean of College (Until 6/24) | $378,696 | $0 | $30,000 | $0 | $5,136 | $0 | $35,789 | $0 | $22,673 | $0 | $472,294 | $0 | $0 | $0 |
| Deborah F Kuenstner | ||||||||||||||
| Chief Investment Officer | $740,399 | $0 | $1,050,815 | $0 | $6,096 | $0 | $36,225 | $0 | $30,302 | $0 | $1,863,837 | $0 | $0 | $0 |
| Piper Orton | ||||||||||||||
| VP for Fin. & Admin. & Treas. | $454,904 | $0 | $15,000 | $0 | $6,096 | $0 | $36,225 | $0 | $11,845 | $0 | $524,070 | $0 | $0 | $0 |
| Crystal Daugherty | ||||||||||||||
| VP for Development & Pub. Aff. (Until 10/24) | $293,005 | $0 | $0 | $0 | $117,988 | $0 | $20,337 | $0 | $868 | $0 | $432,198 | $0 | $0 | $0 |
| Courtney Coile | ||||||||||||||
| Provost and Dean of College (As of 7/24) | $246,846 | $0 | $0 | $0 | $569 | $0 | $26,098 | $0 | $0 | $0 | $273,513 | $0 | $0 | $0 |
| Marisa Jaffe | ||||||||||||||
| VP for Development & Pub. Aff. | $216,308 | $0 | $0 | $0 | $480 | $0 | $22,651 | $0 | $0 | $0 | $239,439 | $0 | $0 | $0 |
| Ann Velenchik | ||||||||||||||
| Former Dean of Academic Aff. | $204,835 | $0 | $0 | $0 | $8,755 | $0 | $22,632 | $0 | $10,030 | $0 | $246,252 | $0 | $0 | $0 |
| Sheilah Horton | ||||||||||||||
| Dean of Students | $308,806 | $0 | $15,000 | $0 | $4,046 | $0 | $34,383 | $0 | $91,176 | $0 | $453,411 | $0 | $0 | $0 |
| Megan Nunez | ||||||||||||||
| Dean of Faculty Affairs | $258,318 | $0 | $15,000 | $0 | $4,603 | $0 | $30,097 | $0 | $93,875 | $0 | $401,893 | $0 | $0 | $0 |
| Michael Jeffries | ||||||||||||||
| Dean of Academic Aff. | $250,864 | $0 | $15,000 | $0 | $253 | $0 | $27,236 | $0 | $26,970 | $0 | $320,323 | $0 | $0 | $0 |
| Theresa Peaches Valdes | ||||||||||||||
| Dean of Admission & Stu. Fin. Svcs | $276,776 | $0 | $0 | $0 | $416 | $0 | $28,732 | $0 | $11,101 | $0 | $317,025 | $0 | $0 | $0 |
| Rose C Carpenter | ||||||||||||||
| Deputy CIO | $575,960 | $0 | $450,000 | $0 | $480 | $0 | $141,105 | $0 | $32,975 | $0 | $1,200,520 | $0 | $0 | $0 |
| Ray Oquendo | ||||||||||||||
| Chief Operating Officer | $519,742 | $0 | $435,000 | $0 | $3,168 | $0 | $36,225 | $0 | $33,832 | $0 | $1,027,967 | $0 | $0 | $0 |
| Matthew Veilleux | ||||||||||||||
| Investment Director | $313,782 | $0 | $193,278 | $0 | $1,324 | $0 | $74,398 | $0 | $6,945 | $0 | $589,727 | $0 | $0 | $0 |
| Karen Petrulakis | ||||||||||||||
| General Counsel | $403,982 | $0 | $15,000 | $0 | $22,588 | $0 | $36,225 | $0 | $33,026 | $0 | $510,821 | $0 | $0 | $0 |
| Christopher Parker | ||||||||||||||
| Investment Director | $306,441 | $0 | $97,500 | $0 | $324 | $0 | $61,928 | $0 | $31,562 | $0 | $497,755 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | WELLESLEY COLLEGE'S POLICY IS THAT THE COLLEGE WILL NOT PAY FOR OR REIMBURSE TRAVEL, MEALS, AND EXPENSES OF THE SPOUSE/PARTNER OF AN EMPLOYEE WITH THE EXCEPTION OF THE PRESIDENT. SPECIFICALLY, WHILE PERFORMING HER OFFICIAL DUTIES IN THE AREA OF DEVELOPMENT, ALUMNAE RELATIONS, AND OTHER BUSINESS OF THE COLLEGE, THE PRESIDENT MAY BE ACCOMPANIED BY HER SPOUSE, WHO IS EXPECTED TO MAKE AN IMPORTANT CONTRIBUTION TO ACHIEVING THE PURPOSES OF THE TRAVEL OR EVENTS. IN THOSE CASES, THE COLLEGE'S POLICY IS TO AUTHORIZE THE PAYMENT OF ALL TRAVEL AND RELATED EXPENSES OF THE PRESIDENT'S SPOUSE, WHICH IS TREATED AS NONTAXABLE COMPENSATION. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE COLLEGE PROVIDES HOUSING TO CERTAIN EMPLOYEES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE AND BENEFIT OF THE COLLEGE. THE PRESIDENT, VICE PRESIDENT AND DEAN OF STUDENTS EACH RECEIVE HOUSING. THE AMOUNT OF THIS HOUSING IS TREATED AS NONTAXABLE COMPENSATION UNDER IRC SECTION 119. |
| Schedule J, Part I, Line 1a Personal services | THE COLLEGE WILL NOT PAY FOR PERSONAL SERVICES WITH THE EXCEPTION OF THE PRESIDENT'S HOUSE. SINCE THE PRESIDENT'S HOUSE IS USED EXTENSIVELY FOR COLLEGE BUSINESS, HOUSEKEEPING SERVICES ARE PROVIDED FOR THE GENERAL SPACE. A CHEF PROVIDES MEALS AT THE PRESIDENT'S HOUSE FOR BUSINESS PURPOSE FUNCTIONS. PERSONAL SERVICES PROVIDED TO EMPLOYEES ARE APPROPRIATELY REPORTED AS TAXABLE COMPENSATION. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | Crystal Daugherty, Former VP for Development & Pub. Aff., received a severance payment of $95,738. |
| Schedule J, Part I, Line 7 Non-fixed payments | NONFIXED PAYMENTS EMPLOYEES IN THE INVESTMENT OFFICE HAVE AN INCENTIVE PERFORMANCE-RELATED BONUS SYSTEM BASED ON THE INVESTMENT PERFORMANCE OF THE WELLESLEY COLLEGE ENDOWMENT. TOTAL COMPENSATION IS REVIEWED IN COMPARISON TO MARKET DATA PROVIDED BY INDEPENDENT THIRD PARTIES AND APPROVED BY A COMMITTEE ON THE BOARD. EMPLOYEES OTHER THAN INVESTMENT OFFICE EMPLOYEES ARE ABLE TO RECEIVE MERIT-BASED BONUS COMPENSATION. |
| Schedule J, Part II, Column (B)(iii) DEFERRED COMPENSATION | THE COLLEGE MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) FOR THE PRESIDENT. UNDER THE TERMS OF THE PLAN, THE COLLEGE WAS REQUIRED TO DISTRIBUTE A PORTION OF VESTED DEFERRED COMPENSATION TO THE PRESIDENT DURING FISCAL YEAR 2025. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHEFA 2008 SERIES I | ||||||||
| A | 042103637 | 57586CP25 | 2008-01-28 | $57,385,000 | CONSTRUCTION - REFINANCING 1999 | false | false | false |
| MHEFA 2018 SERIES L | ||||||||
| B | 042103637 | 57584YES4 | 2018-03-01 | $105,663,450 | CONSTRUCTION - REFINANCING 1999 | false | false | false |
| MHEFA 2022 SERIES M | ||||||||
| C | 042103637 | 57584Y2L2 | 2022-04-01 | $50,862,192 | CONSTRUCTION - REFINANCING 2012 | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $57,385,000 | $530,057 | $25,447,000 | $31,407,943 | 2010 | false | Yes (true) | Yes (true) | Yes (true) | |
| B | $96,500,000 | $832,680 | $90,842,320 | $4,825,000 | 2020 | Yes (true) | false | Yes (true) | Yes (true) | $11,850,000 |
| C | $44,960,000 | $491,488 | $44,468,512 | 2022 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropPct | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | 0.0 | 0.0 | 0.0 | false | false | 0 | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | false | 0.0 | 0.0 | 0.0 | false | false | 0 | false | Yes (true) |
| C | false | false | Yes (true) | Yes (true) | false | false | 0.0 | 0.0 | 0.0 | false | false | 0 | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JP MORGAN | ||||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 31.4 | false | false | false | 0 | false | false | Yes (true) |
| (no name) | ||||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | 0 | false | false | Yes (true) |
| (no name) | ||||||||||||||
| C | false | Yes (true) | false | false | false | false | 0 | false | false | false | 0 | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, Line 3 | COLUMN B MHEFA 2008 SERIES L COLUMN C MHEFA 2018 SERIES M THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS AND THE ISSUE PRICE REPRESENTS ORIGINAL ISSUE PREMIUM ON THE BOND. |
| Schedule K, Part III, Line 3c | COLUMN A - MHEFA 2008 SERIES I THERE ARE RESEARCH AGREEMENTS THAT INVOLVE THE USE OF BOND FINANCED SPACE WHICH THE COLLEGE ROUTINELY ENGAGES BOND COUNSEL TO REVIEW WHETHER ANY RESEARCH AGREEMENTS RESULT IN PRIVATE BUSINESS USE. BASED ON REVIEW, NO KNOWN PRIVATE BUSINESS USE EXISTS. |
| Schedule K, Part III, Line 9 | UNDER REGULATION SECTIONS 1.141-12 AND 1.145-2, WELLESLEY COLLEGE HAS ESTABLISHED WRITTEN PROCEDURES AS OF OCTOBER 3, 2014. |
| Schedule K, Part IV, Line 2a | COLUMN A - MHEFA 2008 SERIES I THE MHEFA 2008 SERIES I BOND ISSUE REBATE CALCULATION WAS PERFORMED FEBRUARY 3, 2023. COLUMN B - MDFA 2018 SERIES L THE FIRST REBATE CALCULATION FOR THE MDFA SERIES L BOND WAS PERFORMED AUGUST 2, 2022. COLUMN B - MDFA 2022 SERIES M THE MDFA SERIES M BOND WAS ISSUED IN FEBRUARY 2022. THE REBATE IS NOT DUE YET. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREW SHENNAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | FORMER OFFICER | RelationshipWithOrgTxt |
| Loan Purpose | MORTGAGE | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $300,000 | OriginalPrincipalAmt |
| Balance Due | $300,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $300,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 36 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - NOT REPORTED UNDER ASC 958 | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 157 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,564,413 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other - AVERAGE SELLIN PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Music Instrument | 1 | $0 | Other - NOT REPORTED UNDER ASC 958 |
| Yes (X) | Scholars' Rocks | 15 | $0 | Other - NOT REPORTED UNDER ASC 958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 4 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b Review of form 990 by governing body | FORM 990 REVIEW: THE FORM 990 WAS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE COLLEGE'S FINANCE OFFICE. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE FORM 990 AND ALL REQUIRED SCHEDULES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 AND ALL REQUIRED SCHEDULES WERE ALSO DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE FILING. FORM 990 PROVIDED TO GOVERNING BODY: THE FORM 990 PROVIDED TO THE FULL BOARD OF TRUSTEES IS A COMPLETE COPY WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF THE PRIVATE AND CONFIDENTIAL NATURE OF THIS INFORMATION, THE COLLEGE HAS CHOSEN NOT TO DISCLOSE THE IDENTITIES AND ADDRESSES OF ITS DONORS. AS SUCH, THE COLLEGE IS REQUIRED TO ANSWER THE QUESTION ON LINE 11A "NO" EVEN THOUGH THE BOARD RECEIVES A COMPLETE COPY OF THE FORM 990 EXCEPT FOR DONOR NAMES AND ADDRESSES. |
| Form 990, Part VI, Line 12c Conflict of interest policy | MONITORING AND ENFORCEMENT OF CONFLICT POLICY: CONFLICT OF INTEREST POLICIES ARE IN PLACE FOR TRUSTEES, OFFICERS, EXTERNAL INVESTMENT COMMITTEE MEMBERS, AND ALL EMPLOYEES. TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE - AT LEAST AS OFTEN AS ANNUALLY AND WHENEVER A POTENTIAL CONFLICT ISSUE ARISES - FINANCIAL OR PERSONAL INTERESTS WHICH MAY GIVE RISE TO CONFLICTS. THE CLERK OF THE BOARD OF TRUSTEES PROVIDES AN ANNUAL REPORT TO THE TRUSTEES SUMMARIZING THE CONFLICT OR POTENTIAL CONFLICTS ISSUES. AT LEAST ANNUALLY, THE TRUSTEES REVIEW THE COLLEGE'S RELATIONSHIPS WITH SIGNIFICANT VENDORS OR SERVICE PROVIDERS SERVING THE COLLEGE TO ASSURE THAT SUCH RELATIONSHIPS ARE IN THE BEST INTEREST OF THE COLLEGE AND ARE OTHERWISE CONSISTENT WITH THE TERMS OF THE CONFLICT-OF-INTEREST POLICY. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | COMPENSATION REVIEW AND APPROVAL: THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE TALENT AND COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF TRUSTEES. THE TALENT AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES UTILIZES INDEPENDENT EXTERNAL CONSULTANTS TO ASSIST WITH BOTH THE REVIEW OF COMPENSATION GUIDELINES AND THE GATHERING OF COMPARABILITY DATA IN DETERMINING THE REASONABLENESS OF COMPENSATION AND COMPLIANCE WITH THE PROCEDURES DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6, INCLUDING CONTEMPERANEOUS DOCUMENTATION OF COMPENSATION DECISIONS. THESE GUIDELINES INCLUDE REVIEW OF THE MARKET BY LOOKING AT SALARIES FOR COMPARABLE POSITIONS AS WELL AS A MERIT PROGRAM BASED ON PERFORMANCE. COMPENSATION DECISIONS ARE MADE BY PERSONS WHO ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM THE COMPENSATION IS BEING DETERMINED. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | THE COMPENSATION OF OFFICERS OF THE COLLEGE IS DETERMINED BY THE TALENT AND COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF TRUSTEES. THE TALENT AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES UTILIZES INDEPENDENT EXTERNAL CONSULTANTS TO ASSIST WITH BOTH THE REVIEW OF COMPENSATION GUIDELINES AND THE GATHERING OF COMPARABILITY DATA IN DETERMINING THE REASONABLENESS OF COMPENSATION AND COMPLIANCE WITH THE PROCEDURES DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6, INCLUDING CONTEMPERANEOUS DOCUMENTATION OF COMPENSATION DECISIONS. KEY EMPLOYEES ARE COMPENSATED BASED UPON THE GUIDELINES THE COLLEGE HAS FOR ADMINISTRATIVE AND FACULTY EMPLOYEES. THESE GUIDELINES INCLUDE REVIEW OF THE MARKET BY LOOKING AT SALARIES FOR COMPARABLE POSITIONS AS WELL AS A MERIT PROGRAM BASED ON PERFORMANCE. COMPENSATION DECISIONS ARE MADE BY PERSONS WHO ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM THE COMPENSATION IS BEING DETERMINED. |
| Form 990, Part VI, Line 19 Required documents available to the public | AVAILABILITY OF DOCUMENTS: THE COLLEGE'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. THE CONFLICT-OF-INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | OTHER REVENUE - Total Revenue: 2711260, Related or Exempt Function Revenue: 2711260, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP - -579381; PERIODIC RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST - 950100; MERGER OF WELLESLEY COLLEGE ALUMNI ASSOCIATION - 23906222; Total - 24276941; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY COLLEGE FOUNDATION UK LIMITED | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19 NORCOTT ROAD | AddressLine1Txt |
| City | LONDON | CityNm |
| Country | UK | CountryCd |
| Foreign Postal | N167EJ | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 981196154 | EIN |
| Primary Activities | COLLEGE FUNDRAISING | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountryCd |
| Total Income | $189,004 | TotalIncomeAmt |
| End Of Year Assets | $188,955 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY COLLEGE | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY-IN-AIX | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 RUE GASTON DE SAPORTA | AddressLine1Txt |
| City | AIXENPROVENCE | CityNm |
| Country | FR | CountryCd |
| Foreign Postal | 13100 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 999999999 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | FR | LegalDomicileForeignCountryCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| POOLED INCOME FUNDS (5) | |||
| INVESTMENT | MA | Trust | Yes (true) |
| CHARITABLE REMAINDER TRUSTS (2) | |||
| INVESTMENT | MA | Trust | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Pooled Income Funds (5) | ||
| S | $236,132 | Accrual |
| Charitable Remainder Trusts (2) | ||
| S | $196,059 | Accrual |