WELLESLEY STUDENTS AID SOCIETY INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: WELLESLEY STUDENTS AID SOCIETY INC (EIN 04-2152598)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2022-11-14
IRS object ID: 202223189349303512
Schema version: 2021v4.2
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 D
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-14T09:03:10-06:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	043027605	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SAMET & COMPANY PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1330 BOYLSTON STREET	AddressLine1Txt
City	CHESTNUT HILL	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	024672111	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042152598	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WELLESLEY STUDENTS AID SOCIETY INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	WELL	BusinessNameControlTxt
Phone	7812832292	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

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMIE SABINO	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7812832292	PhoneNum
Signature	2022-11-09	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JAMIE	PersonFirstNm
Person Last	SABINO	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN J CZYZEWSKI CPA	PreparerPersonNm
PTIN	P01243012	PTIN
Phone	6177311222	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CATHERINE KEFALAS	PrincipalOfficerNm

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

Field	Value	IRS element (for citing)
Gross Receipts	$16,205,657	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WELLESLEY.EDU/STUDENTSAID	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1916	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	PROVIDE LOANS AND OTHER MEANS OF SUPPORT TO WELLESLEY COLLEGE STUDENTS WITH DEMONSTRATED NEED. SUPPLEMENTING WELLESLEY COLLEGE'S FINANCIAL AID PROGRAMS.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$518,122	PYContributionsGrantsAmt
CY Contributions Grants	$1,143,564	CYContributionsGrantsAmt
PY Program Service Revenue	$36,214	PYProgramServiceRevenueAmt
CY Program Service Revenue	$31,893	CYProgramServiceRevenueAmt
PY Investment Income	$13,097,316	PYInvestmentIncomeAmt
CY Investment Income	$2,078,056	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$13,651,652	PYTotalRevenueAmt
CY Total Revenue	$3,253,513	CYTotalRevenueAmt
PY Grants And Similar Paid	$663,832	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$783,269	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$54,926	CYTotalFundraisingExpenseAmt
PY Other Expenses	$900,876	PYOtherExpensesAmt
CY Other Expenses	$784,126	CYOtherExpensesAmt
PY Total Expenses	$1,564,708	PYTotalExpensesAmt
CY Total Expenses	$1,567,395	CYTotalExpensesAmt
PY Revenues Less Expenses	$12,086,944	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,686,118	CYRevenuesLessExpensesAmt
Total Assets BOY	$47,178,569	TotalAssetsBOYAmt
Total Assets EOY	$41,290,339	TotalAssetsEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$47,178,569	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$41,290,339	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDING FINANCIAL ASSISTANCE TO WELLESLEY COLLEGE STUDENTS WHO DEMONSTRATE A FINANCIAL NEED.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,209,866	ExpenseAmt
Grant	$783,269	GrantAmt
Revenue	$31,893	RevenueAmt
Desc	THE SOCIETY WAS FOUNDED IN 1878 FOR THE PURPOSE OF PROVIDING FUNDS FOR WOMEN WHO COULD NOT AFFORD A WELLESLEY EDUCATION. MORE THAN 135 YEARS LATER, THE SOCIETY CONTINUES AS A VIBRANT, INDEPENDENT CORPORATION THAT IS SUPPORTED BY ALUMNAE AND FRIENDS. ITS PURPOSE HAS NOT CHANGED SINCE INCEPTION, ALTHOUGH STUDENTS ARE NOW SUPPORTED IN A VARIETY OF WAYS. THE SOCIETY PROVIDES TUITION GRANTS, SHORT-TERM AND NO INTEREST LOANS, EMERGENCY FUNDS FOR STUDENTS FACING UNFORSEEN DIFFICULTIES, AND TEXT BOOK SUPPORT.	Desc
Total Program Service Expenses	$1,209,866	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CATHERINE KEFALAS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7812832292	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

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JAMIE SABINO
PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
TANYA M ROY
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
MILENA MAREVA
DIRECTOR	1.00	Yes (X)	Yes (X)	$0	$0	$0
ESTEFANIA LAMAS-HERNANDEZ
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
MICHELLE GILLETT
DIRECTOR	0.50	Yes (X)		$0	$0	$0
STANLEY CHANGE
FACULTY REP	0.50	Yes (X)		$0	$0	$0
BETH BERNHARDT
DIRECTOR	0.50	Yes (X)		$0	$0	$0
MALIKA JEFFRIES
DIRECTOR	0.50	Yes (X)		$0	$0	$0
IRENE MATA
FACULTY REP	0.50	Yes (X)		$0	$0	$0
HEATHER KISPERT HAGERTY
DIRECTOR	0.50	Yes (X)		$0	$0	$0
ANN-MARIE LAWLOR
DIRECTOR	0.50	Yes (X)		$0	$0	$0
DENISE ROBBI-ARENA
VICE PRESIDENT	0.50	Yes (X)	Yes (X)	$0	$0	$0
ANHAR MULLA
DIRECTOR	0.50	Yes (X)		$0	$0	$0
ERIN KONKLE
STAFF REP	0.50	Yes (X)		$0	$0	$0
DANA SUNDBLAD
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WELLESLEY COLLEGE	BusinessNameLine1Txt

Contractor Address ContractorAddress

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

Field	Value	IRS element (for citing)
Services	MANAGEMENT AND ADMIN	ServicesDesc
Compensation	$405,367	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,143,564	AllOtherContributionsAmt
Noncash Contributions	$29,109	NoncashContributionsAmt
Total Contributions	$1,143,564	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LOAN INTEREST	Desc
Business	522299	BusinessCd
Total Revenue Column	$31,893	TotalRevenueColumnAmt
Related Or Exempt Func Income	$31,893	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$31,893	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,928	TotalRevenueColumnAmt
Exclusion	$2,928	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$15,027,272	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$12,952,144	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,075,128	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,075,128	TotalRevenueColumnAmt
Exclusion	$2,075,128	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,253,513	TotalRevenueColumnAmt
Related Or Exempt Func Income	$31,893	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,078,056	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$680,000	TotalAmt
Program Services	$680,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$103,269	TotalAmt
Program Services	$103,269	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$359,351	TotalAmt
Program Services	$243,073	ProgramServicesAmt
Management And General	$89,445	ManagementAndGeneralAmt
Fundraising	$26,833	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,641	TotalAmt
Management And General	$19,641	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$109,973	TotalAmt
Management And General	$109,973	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$47,852	TotalAmt
Management And General	$47,852	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$9,181	TotalAmt
Program Services	$9,181	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$49,646	TotalAmt
Program Services	$1,624	ProgramServicesAmt
Management And General	$19,929	ManagementAndGeneralAmt
Fundraising	$28,093	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$542	TotalAmt
Management And General	$542	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,664	TotalAmt
Management And General	$1,664	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
STUDENT SERVICES	$143,619	$143,619
GIFTS	$29,100	$29,100
ADMINISTRATION	$13,557		$13,557

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,567,395	TotalAmt
Program Services	$1,209,866	ProgramServicesAmt
Management And General	$302,603	ManagementAndGeneralAmt
Fundraising	$54,926	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$433,836	BOYAmt
EOY	$824,572	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$495,400	BOYAmt
EOY	$725,075	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,469,590	BOYAmt
EOY	$1,536,865	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,793	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,648	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,686	BOYAmt
EOY	$2,145	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$4,906,803	BOYAmt
EOY	$9,479,440	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$39,870,254	BOYAmt
EOY	$28,722,242	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$47,178,569	BOYAmt
EOY	$41,290,339	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$46,539,668	BOYAmt
EOY	$40,618,027	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$638,901	BOYAmt
EOY	$672,312	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$47,178,569	BOYAmt
EOY	$41,290,339	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$47,178,569	BOYAmt
EOY	$41,290,339	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,686,118	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$7,574,348	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$339,639	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$421,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$740,712	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$518,122	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,143,564	CurrentTaxYearAmt
Total	$3,163,356	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$339,639	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$421,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$740,712	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$518,122	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,143,564	CurrentTaxYearAmt
Total	$3,163,356	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$3,163,356	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$35,781	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$25,308	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$30,737	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$36,214	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,893	CurrentTaxYearAmt
Total	$159,933	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$3,323,289	TotalSupportAmt
Public Support CY170	0.95190	PublicSupportCY170Pct
Public Support PY170	0.93660	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$638,901	BeginningYearBalanceAmt
Contributions	$46,156	ContributionsAmt
Other Expenditures	$12,745	OtherExpendituresAmt
End Year Balance	$672,312	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$574,615	BeginningYearBalanceAmt
Contributions	$87,155	ContributionsAmt
Other Expenditures	$22,869	OtherExpendituresAmt
End Year Balance	$638,901	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$521,765	BeginningYearBalanceAmt
Contributions	$61,129	ContributionsAmt
Other Expenditures	$8,279	OtherExpendituresAmt
End Year Balance	$574,615	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$527,292	BeginningYearBalanceAmt
Contributions	$30,042	ContributionsAmt
Other Expenditures	$35,569	OtherExpendituresAmt
End Year Balance	$521,765	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$493,851	BeginningYearBalanceAmt
Contributions	$57,975	ContributionsAmt
Other Expenditures	$24,534	OtherExpendituresAmt
End Year Balance	$527,292	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,793	OtherCostOrOtherBasisAmt
Depreciation	$1,648	DepreciationAmt
Book Value	$2,145	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,145	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PASSIVE BOND MARKET CTF	$9,718,310	F
S&P 500 R INDEX	$15,248,952	F
MSCI EAFE INDEX SL CTF	$3,754,980	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$28,722,242	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	-$4,391,300	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$7,574,348	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$7,574,348	RevenueNotReportedAmt
Revenue Subtotal	$3,183,048	RevenueSubtotalAmt
Investment Expenses Not Incld	$80,797	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$10,332	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$70,465	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,253,513	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,414,006	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,414,006	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$80,797	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$72,592	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$153,389	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,567,395	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS OF WELLESLEY COLLEGE.
PART X, LINE 2:	THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED A STANDARD THAT CLARIFIES THE ACCOUNTING AND RECOGNITION OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE SOCIETY'S TAX RETURNS. THE SOCIETY HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SOCIETY BELIEVES THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SOCIETY'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SOCIETY HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS. IF THE SOCIETY INCURS INTEREST OR PENALTIES, AS A RESULT OF UNRECOGNIZED TAX POSITIONS, THE POLICY IS TO CLASSIFY INTEREST ACCRUED WITH INTEREST EXPENSE AND PENALTIES THEREON WITH GENERAL AND ADMINISTRATIVE EXPENSES. THE SOCIETY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	ACCRUAL TO CASH ADJUSTMENTS -10,332.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ACCRUAL TO CASH ADJUSTMENTS 72,592.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WELLESLEY COLLEGE	BusinessNameLine1Txt

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

Field	Value	IRS element (for citing)
Recipient EIN	042103617	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$680,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	BOOK VALUE	ValuationMethodUsedDesc
Purpose Of Grant	SCHOLARSHIPS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	77	RecipientCnt
Cash Grant	$103,269	CashGrantAmt
Valuation Method Used	BOOK VALUE	ValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION CAN, AT ANY TIME, REQUEST LISTS OF SCHOLARSHIP RECIPIENTS AND OTHER SUPPORTING DOCUMENTATION TO ENSURE GRANT FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$29,109	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH THE INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE COMPLETE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD FOR REVIEW.
FORM 990, PART VI, SECTION C, LINE 19	WELLESLEY STUDENTS AID SOCIETY MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 AND FINANCIAL STATEMENTS MAY ALSO BE VIEWED AT THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL.
PART XII, LINE 2C	THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.