WELLESLEY COLLEGE: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: WELLESLEY COLLEGE (EIN 04-2103637)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-07-14
IRS object ID: 202041969349301239
Schema version: 2018v3.3
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 E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-07-14T08:30:18-05:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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	2018-07-01	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)
In Care Of	% PIPER ORTON	InCareOfNm
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	PIPER ORTON	PersonNm
Person Title	VP Fin/Admin/Treas	PersonTitleTxt
Phone	7812831000	PhoneNum
Signature	2020-07-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SHYAMALEE JOSEPH	PreparerPersonNm
PTIN	P01085371	PTIN
Phone	6179881000	PhoneNum
Preparation	2020-07-09	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	199.207.253.96	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	04502320201965000006	FederalOriginalSubmissionId
Federal Original Submission Id	2020-07-14	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	072F242B0F8FA55BC44C4BBFD6D81B3F0B7E1C92	AtSubmissionCreationDeviceId
At Submission Filing Device Id	072F242B0F8FA55BC44C4BBFD6D81B3F0B7E1C92	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Paula A Johnson	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	$939,365,750	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	30	VotingMembersGoverningBodyCnt
Voting Members Independent	30	VotingMembersIndependentCnt
Total Employee	3302	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$8,008,173	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$63,618,206	PYContributionsGrantsAmt
CY Contributions Grants	$35,590,693	CYContributionsGrantsAmt
PY Program Service Revenue	$156,443,601	PYProgramServiceRevenueAmt
CY Program Service Revenue	$165,583,078	CYProgramServiceRevenueAmt
PY Investment Income	$40,857,361	PYInvestmentIncomeAmt
CY Investment Income	$142,231,289	CYInvestmentIncomeAmt
PY Other Revenue	$8,349,040	PYOtherRevenueAmt
CY Other Revenue	$14,066,482	CYOtherRevenueAmt
PY Total Revenue	$269,268,208	PYTotalRevenueAmt
CY Total Revenue	$357,471,542	CYTotalRevenueAmt
PY Grants And Similar Paid	$63,249,932	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$67,791,127	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$146,562,616	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$143,673,437	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$13,086,528	CYTotalFundraisingExpenseAmt
PY Other Expenses	$103,760,590	PYOtherExpensesAmt
CY Other Expenses	$106,269,519	CYOtherExpensesAmt
PY Total Expenses	$313,573,138	PYTotalExpensesAmt
CY Total Expenses	$317,734,083	CYTotalExpensesAmt
PY Revenues Less Expenses	-$44,304,930	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$39,737,459	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,812,442,630	TotalAssetsBOYAmt
Total Assets EOY	$2,855,285,999	TotalAssetsEOYAmt
Total Liabilities BOY	$479,672,796	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$478,701,001	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,332,769,834	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,376,584,998	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	$176,637,922	ExpenseAmt
Revenue	$164,735,050	RevenueAmt
Desc	Outstanding education: Wellesley 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	$70,423,370	ExpenseAmt
Grant	$67,791,127	GrantAmt
Desc	Wellesley College has a long tradition of need-blind admission for U.S. citizens and permanent residents, making admission decisions without regard to a family's financial situation. Through its financial aid program, the college meets 100 percent of a student's demonstrated financial need. Resources dedicated to the financial aid program ensure that Wellesley is successful in recruiting and enrolling a strong and diverse student body with continued attention to issues of financing and affordability. Aproximately 60% of the student body receives financial and and Wellesley is widely recognized as one of the top 10 colleges in the country for students graduating with the least amount of debt.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$12,500,695	ExpenseAmt
Revenue	$12,500,695	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	$259,561,987	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	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
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
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	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	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	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
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
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	586	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3302	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
Foreign Country	IT	ForeignCountryCd
Foreign Country	MX	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	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	Yes (true)	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	30	GoverningBodyVotingMembersCnt
Independent Voting Member	30	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
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
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

Field	Value	IRS element (for citing)
Person	PIPER ORTON	PersonNm
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 (43 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Debora de Hoyos
Chair	12.0	0.0	Yes (X)	$0	$0	$0
Thomas Faust
Vice Chair	10.0	0.0	Yes (X)	$0	$0	$0
Kenneth G Bartels
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
M Amy Batchelor
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
JudyAnn Rollins Bigby
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Brian C Broderick
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Ruth Chang
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Sir Peter Crane
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Callie Crossley
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Ophelia Dahl
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Laura Daignault Gates
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Hana Glasser
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Judith B Hale
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Maia Heymann
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Dorothy Chao Jenkins
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Lynn Dixon Johnston
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Patrick Lee
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Susan Koenigsberg Lucas
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Ellen Goldberg Luger
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Laura Russell Malkin
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Ellen R Marram
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Lawry Jones Meister
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Christopher T Pasko
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Lia Gelin Poorvu
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Jennifer Smith
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Diana Sorensen
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Grace Y Toh
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Susan L Wagner
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Alvia J Wardlaw
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Mary H White
Trustee	2.0	0.0	Yes (X)	$0	$0	$0
Paula A Johnson
President	70.0	0.0		$581,781	$0	$124,800	Yes (X)
Piper Orton
VP for Fin. & Admin. & Treas.	60.0	0.0		$342,861	$0	$43,827	Yes (X)
Deborah F Kuenstner
Chief Investment officer	60.0	0.0		$1,651,653	$0	$60,638	Yes (X)
Andrew Shennan
Provost and Dean of College	60.0	0.0		$320,179	$0	$132,617	Yes (X)
Sheilah Horton
Dean of Students	60.0	0.0		$248,917	$0	$72,100		Yes (X)
Joy St John
Dean-Admiss. & Stu. Fin. Svcs	60.0	0.0		$212,477	$0	$57,140		Yes (X)
Ann Velenchik
Dean of Academic Aff.	60.0	0.0		$237,432	$0	$49,487		Yes (X)
Ray Oquendo
Dir.-Invest. Operation	60.0	0.0		$598,000	$0	$61,672			Yes (X)
Roseann C Carpenter
Investment Officer	60.0	0.0		$585,305	$0	$63,662			Yes (X)
Karen Petrulakis
General Counsel	60.0	0.0		$349,104	$0	$35,736			Yes (X)
Richard G French
Prof. Astronomy	60.0	0.0		$264,214	$0	$52,570			Yes (X)
Ganesan Ravishanker
Chief Info. Off. & Assoc. Dean	60.0	0.0		$260,317	$0	$32,598			Yes (X)
Cameran M Mason
Former VP-Resources&Pub. Aff.	60.0	0.0		$210,880	$0	$36,956				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,863,120	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$823,803	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	257	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	$65,594,803
Skidmore Owings Merrill LLP
14 Wall Street	New York	NY	10005	Engineering	$7,429,085
Elaine Construction Company
1037 Chestnut Street	Newton Upper Falls	MA	02464	Construction	$2,324,630
Truimph Modular Inc
194 Ayer Road	LITTLETON	MA	01460	Construction	$2,131,698
Dacon Corporation
16 Huron Drive	NATICK	MA	01760	Construction	$1,920,310

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	130	CntrctRcvdGreaterThan100KCnt
Government Grants	$4,313,992	GovernmentGrantsAmt
All Other Contributions	$31,276,701	AllOtherContributionsAmt
Noncash Contributions	$6,449,010	NoncashContributionsAmt
Total Contributions	$35,590,693	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION AND FEES	900099	$128,440,590	$128,440,590
STUDENT ROOM AND BOARD	900099	$35,549,488	$35,549,488
WELLESLEY CENTER FOR WOMEN ACTIVITIES	900099	$1,593,000	$1,593,000

Field	Value	IRS element (for citing)
Total Program Service Revenue	$165,583,078	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,581,996	TotalRevenueColumnAmt
Unrelated Business Revenue	-$10,638,229	UnrelatedBusinessRevenueAmt
Exclusion	$22,220,225	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,755,000	TotalRevenueColumnAmt
Exclusion	$1,755,000	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$709,631,000	SecuritiesAmt
Other	$1,157,501	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$581,894,208	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$127,736,792	SecuritiesAmt
Other	$1,157,501	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$128,894,293	TotalRevenueColumnAmt
Unrelated Business Revenue	$216,241	UnrelatedBusinessRevenueAmt
Exclusion	$128,678,052	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
AUXILIARY ENTERPRISES	900099	$4,242,795	$4,241,133	$1,662
WELLESLEY COLLEGE CLUB	722320	$1,597,119	$405,534	$1,191,585
NEHOIDEN GOLF CLUB	713990	$1,220,568		$1,220,568

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,006,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,006,000	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$14,066,482	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$357,471,542	TotalRevenueColumnAmt
Related Or Exempt Func Income	$177,235,745	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$8,008,173	UnrelatedBusinessRevenueAmt
Exclusion	$152,653,277	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$64,211,091	TotalAmt
Program Services	$64,211,091	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$3,580,036	TotalAmt
Program Services	$3,580,036	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,987,336	TotalAmt
Program Services	$1,065,309	ProgramServicesAmt
Management And General	$1,922,027	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$105,401,314	TotalAmt
Program Services	$74,723,272	ProgramServicesAmt
Management And General	$25,223,645	ManagementAndGeneralAmt
Fundraising	$5,454,397	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$13,845,950	TotalAmt
Program Services	$11,636,918	ProgramServicesAmt
Management And General	$1,716,606	ManagementAndGeneralAmt
Fundraising	$492,426	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$14,341,701	TotalAmt
Program Services	$9,842,593	ProgramServicesAmt
Management And General	$3,888,630	ManagementAndGeneralAmt
Fundraising	$610,478	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,097,136	TotalAmt
Program Services	$4,804,764	ProgramServicesAmt
Management And General	$1,927,688	ManagementAndGeneralAmt
Fundraising	$364,684	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$5,675,755	TotalAmt
Program Services	$5,584,188	ProgramServicesAmt
Management And General	$56,758	ManagementAndGeneralAmt
Fundraising	$34,809	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$677,314	TotalAmt
Management And General	$677,314	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$295,809	TotalAmt
Management And General	$295,809	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$163,479	TotalAmt
Management And General	$163,479	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$13,920,259	TotalAmt
Program Services	$9,744,181	ProgramServicesAmt
Fundraising	$4,176,078	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,483,384	TotalAmt
Program Services	$4,264,165	ProgramServicesAmt
Management And General	$2,092,478	ManagementAndGeneralAmt
Fundraising	$126,741	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,980,274	TotalAmt
Program Services	$5,386,261	ProgramServicesAmt
Management And General	$333,102	ManagementAndGeneralAmt
Fundraising	$260,911	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,506,001	TotalAmt
Program Services	$5,855,401	ProgramServicesAmt
Management And General	$390,360	ManagementAndGeneralAmt
Fundraising	$260,240	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$7,017,378	TotalAmt
Program Services	$4,063,508	ProgramServicesAmt
Management And General	$2,543,040	ManagementAndGeneralAmt
Fundraising	$410,830	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$378,831	TotalAmt
Program Services	$326,309	ProgramServicesAmt
Management And General	$33,559	ManagementAndGeneralAmt
Fundraising	$18,963	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$17,595,565	TotalAmt
Program Services	$17,595,565	ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$20,850,648	TotalAmt
Program Services	$18,082,285	ProgramServicesAmt
Management And General	$2,336,159	ManagementAndGeneralAmt
Fundraising	$432,204	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,881,819	TotalAmt
Program Services	$1,881,819	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
BANK FEES	$10,569,921	$10,043,935	$420,789	$105,197
STUDY AWAY EXPENSES	$5,836,820	$5,836,820
EQUIPMENT RENTAL	$1,519,296	$449,707	$1,046,392	$23,197
PRINTING & MAILING	$916,966	$583,860	$17,733	$315,373

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$317,734,083	TotalAmt
Program Services	$259,561,987	ProgramServicesAmt
Management And General	$45,085,568	ManagementAndGeneralAmt
Fundraising	$13,086,528	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$183,401,660	BOYAmt
EOY	$120,764,076	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$75,566,208	BOYAmt
EOY	$58,783,492	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$9,176,843	BOYAmt
EOY	$6,922,647	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	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	$7,204,845	BOYAmt
EOY	$7,003,117	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$815,222	BOYAmt
EOY	$718,735	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,950,261	BOYAmt
EOY	$873,285	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$726,824,048	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$305,941,401	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$353,599,000	BOYAmt
EOY	$420,882,647	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$925,640,591	BOYAmt
EOY	$933,069,000	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,254,088,000	BOYAmt
EOY	$1,306,269,000	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

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	$2,812,442,630	BOYAmt
EOY	$2,855,285,999	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$110,759,654	BOYAmt
EOY	$116,730,924	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$407,266	BOYAmt
EOY	$476,622	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$10,330,473	BOYAmt
EOY	$8,795,485	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$235,646,853	BOYAmt
EOY	$234,010,927	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	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	$89,413,655	BOYAmt
EOY	$87,206,837	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$33,114,895	BOYAmt
EOY	$31,480,206	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$479,672,796	BOYAmt
EOY	$478,701,001	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$637,500,052	BOYAmt
EOY	$661,236,998	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,113,462,322	BOYAmt
EOY	$0	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$581,807,460	BOYAmt
EOY	$1,715,348,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,332,769,834	BOYAmt
EOY	$2,376,584,998	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,812,442,630	BOYAmt
EOY	$2,855,285,999	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$39,737,459	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$13,078,206	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$9,000,501	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (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	$76,103,854	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$94,615,915	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,335,153	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,618,206	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,590,693	CurrentTaxYearAmt
Total	$325,263,821	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	$76,103,854	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$94,615,915	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,335,153	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,618,206	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,590,693	CurrentTaxYearAmt
Total	$325,263,821	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$63,559,349	SubstantialContributorsTotAmt
Public Support Total170	$261,704,472	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$13,751,596	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$12,641,952	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$13,802,574	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,940,884	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,975,225	CurrentTaxYearAmt
Total	$66,112,231	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,958,198	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,436,597	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,166,844	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,299,040	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,652,667	CurrentTaxYearAmt
Total	$50,513,346	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$441,889,398	TotalSupportAmt
Gross Receipts Rltd Activities	$749,024,387	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.59224	PublicSupportCY170Pct
Public Support PY170	0.76060	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

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
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	$2,105,211,700	BeginningYearBalanceAmt
Contributions	$25,614,153	ContributionsAmt
Investment Earnings Or Losses	$137,048,791	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$46,965,425	GrantsOrScholarshipsAmt
Other Expenditures	$47,494,219	OtherExpendituresAmt
End Year Balance	$2,173,415,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,930,751,111	BeginningYearBalanceAmt
Contributions	$54,445,964	ContributionsAmt
Investment Earnings Or Losses	$205,996,958	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$37,551,792	GrantsOrScholarshipsAmt
Other Expenditures	$48,430,541	OtherExpendituresAmt
End Year Balance	$2,105,211,700	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,784,479,646	BeginningYearBalanceAmt
Investment Earnings Or Losses	$230,695,137	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$41,236,924	GrantsOrScholarshipsAmt
Other Expenditures	$43,186,748	OtherExpendituresAmt
End Year Balance	$1,930,751,111	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,881,030,003	BeginningYearBalanceAmt
Contributions	$19,077,480	ContributionsAmt
Investment Earnings Or Losses	-$32,224,819	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$40,835,838	GrantsOrScholarshipsAmt
Other Expenditures	$42,567,180	OtherExpendituresAmt
End Year Balance	$1,784,479,646	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,834,136,919	BeginningYearBalanceAmt
Contributions	$28,253,254	ContributionsAmt
Investment Earnings Or Losses	$100,454,799	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$40,502,006	GrantsOrScholarshipsAmt
Other Expenditures	$41,312,963	OtherExpendituresAmt
End Year Balance	$1,881,030,003	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.30540	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.69460	PrmnntEndowmentBalanceEOYPct
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	$37,256,419	OtherCostOrOtherBasisAmt
Book Value	$37,256,419	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$586,021,413	OtherCostOrOtherBasisAmt
Depreciation	$298,288,360	DepreciationAmt
Book Value	$287,733,053	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$9,371,136	OtherCostOrOtherBasisAmt
Depreciation	$7,653,041	DepreciationAmt
Book Value	$1,718,095	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$94,175,080	OtherCostOrOtherBasisAmt
Book Value	$94,175,080	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$420,882,647	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PRIVATE EQUITY	$596,981,000	F
REAL ASSETS	$160,706,000	F
ABSOLUTE RETURN	$524,456,000	F
MISCELLANEOUS OTHER	$24,126,000	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,306,269,000	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
GOVERNMENT LOAN ADVANCES	$2,379,284
ANNUITIES & UNITRUSTS PAYABLE	$29,100,922

Field	Value	IRS element (for citing)
Total Liability	$31,480,206	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$279,497,848	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$13,078,206	NetUnrealizedGainsInvstAmt
Other Revenue	-$9,000,501	OtherRevenueAmt
Revenue Not Reported	$4,077,705	RevenueNotReportedAmt
Revenue Subtotal	$275,420,143	RevenueSubtotalAmt
Investment Expenses Not Incld	$14,260,272	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$67,791,127	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$82,051,399	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$357,471,542	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$235,682,684	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$235,682,684	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$14,260,272	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$67,791,127	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$82,051,399	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$317,734,083	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.
Part III, Line 4	DESCRIPTION OF ORGANIZATION'S COLLECTION THE DAVIS MUSEUM AND CULTURAL CENTER HAS A PERMANENT COLLECTION OF APPROXIMATELY 10,000 OBJECTS DATING FROM ANCIENT TIMES TO PRESENT DAY. INCLUDED ARE PAINTINGS, SCULPTURES, DECORATIVE OBJECTS, AND WORKS ON PAPER REPRESENTING THE CREATIVE GENIUS OF 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 THINK 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, RATHER THAN REPRODUCTIONS. IN ADDITION TO THESE FORMAL LEARNING EXPERIENCES, THE DAVIS MUSEUM PLAYS A CENTRAL ROLE IN THE COLLEGE'S EFFORTS TO RAISE IN ITS STUDENTS AN AWARENESS OF RICHNESS AND OF HUMAN CREATIVITY AND A RESPECT FOR DIVERSITY. 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, 2019 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.
Part V, Line 4	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 39% of operating revenue. Wellesley Collegess strong and prudent financial management ensures the purchasing power of the endowment for generations to come. The top uses of the endowment for FY2019 were financial aid (52%) and faculty salaries (38%).
Part XI, Line 2d	Other Adjustments UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP $ (5,337,000) OTHER NON-OPERATING CHANGES $ 625,499 MINIMUM PENSION LIABILITY $ (4,289,000) TOTAL $ (9,000,501)
Part XI, Line 4b	Financial aid including Pell Grants $67,791,127
Part XII, Line 4b	Financial aid including Pell Grants $67,791,127

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
Part I, Line 3	ALL COLLEGE PUBLICATIONS, INCLUDING RECRUITMENT BROCHURES AND CATALOGS, COURSES DESCRIPTION DOCUMENTS, THE COLLEGE'S WEBSITE, AND FACULTY AND STUDENT HANDBOOKS, ETC. OUTLINE THE INSTITUTION'S NONDISCRIMINATORY POLICY.
Part I, Line 6a	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 (38 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt	OfficesOfficesCnt	EmployeeEmployeeCnt
East Asia and the Pacific	Investments	$201,582,663
Europe (Including Iceland and Greenland)	Investments	$222,768,273
North America	Investments	$19,838,916
Middle East and North Africa	Investments	$24,047,394
Central America and the Caribbean	Program Services	$95,670	STUDY AWAY TUITION
East Asia and the Pacific	Program Services	$361,969	STUDY AWAY TUITION
Europe (Including Iceland and Greenland)	Program Services	$2,674,821	STUDY AWAY TUITION	1	6
Middle East and North Africa	Program Services	$49,040	STUDY AWAY TUITION
South America	Program Services	$252,429	STUDY AWAY TUITION
South Asia	Program Services	$6,940	STUDY AWAY TUITION
Sub-Saharan Africa	Program Services	$141,731	STUDY AWAY TUITION
North America	Program Services	$153,513	STUDY AWAY TUITION
Russia and the Newly Independent States	Program Services	$11,475	STUDY AWAY TUITION
Central America and the Caribbean	Program Services	$51,832	STUDY AWAY PROGRAM
East Asia and the Pacific	Program Services	$1,344	STUDY AWAY PROGRAM
Europe (Including Iceland and Greenland)	Program Services	$1,939,971	STUDY AWAY PROGRAM	1	6
Middle East and North Africa	Program Services	$55,766	STUDY AWAY PROGRAM
North America	Program Services	$19,593	STUDY AWAY PROGRAM
Russia and the Newly Independent States	Program Services	$40,721	STUDY AWAY PROGRAM
South Asia	Program Services	$58,986	STUDY AWAY PROGRAM
Central America and the Caribbean	Program Services	$10,750	INTERNSHIPS
North America	Program Services	$5,000	INTERNSHIPS
East Asia and the Pacific	Program Services	$121,900	INTERNSHIPS
Europe (Including Iceland and Greenland)	Program Services	$113,138	INTERNSHIPS	1	6
Middle East and North Africa	Program Services	$48,500	INTERNSHIPS
Russia and the Newly Independent States	Program Services	$3,000	INTERNSHIPS
South America	Program Services	$49,250	INTERNSHIPS
South Asia	Program Services	$27,600	INTERNSHIPS
Sub-Saharan Africa	Program Services	$63,750	INTERNSHIPS
Central America and the Caribbean	Program Services	$103,444	FINANCIAL AID
North America	Program Services	$423,481	FINANCIAL AID
East Asia and the Pacific	Program Services	$690,837	FINANCIAL AID
Europe (Including Iceland and Greenland)	Program Services	$1,010,076	FINANCIAL AID
Middle East and North Africa	Program Services	$214,235	FINANCIAL AID
Russia and the Newly Independent States	Program Services	$84,304	FINANCIAL AID
South America	Program Services	$175,610	FINANCIAL AID
South Asia	Program Services	$551,806	FINANCIAL AID
Sub-Saharan Africa	Program Services	$326,243	FINANCIAL AID

Field	Value	IRS element (for citing)
Subtotal Offices	2	SubtotalOfficesCnt
Subtotal Employees	12	SubtotalEmployeesCnt
Continuation Total Office	1	ContinuationTotalOfficeCnt
Continuation Total Employee	6	ContinuationTotalEmployeeCnt
Total Office	3	TotalOfficeCnt
Total Employee	18	TotalEmployeeCnt
Subtotal Spent	$474,033,747	SubtotalSpentAmt
Continuation Spent	$4,142,224	ContinuationSpentAmt
Total Spent	$478,175,971	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	2	$103,444	CR. TO ACCT.
FINANCIAL AID	North America	10	$423,481	CR. TO ACCT.
FINANCIAL AID	East Asia and the Pacific	18	$690,837	CR. TO ACCT.
FINANCIAL AID	Europe (Including Iceland and Greenland)	27	$1,010,076	CR. TO ACCT.
FINANCIAL AID	Middle East and North Africa	4	$214,235	CR. TO ACCT.
FINANCIAL AID	Russia and the Newly Independent States	2	$84,304	CR. TO ACCT.
FINANCIAL AID	South America	4	$175,610	CR. TO ACCT.
FINANCIAL AID	South Asia	14	$551,806	CR. TO ACCT.
FINANCIAL AID	Sub-Saharan Africa	11	$326,243	CR. TO ACCT.

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	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2	FormAndLineReferenceDesc
Explanation	MONITORING USE OF FUNDS 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. PAYMENTS IN CONNECTION WITH A STUDY ABROAD PROGRAM ARE MADE WHILE THE STUDENT IS LIVING OUTSIDE THE UNITED STATES. HOWEVER, AT THE TIME THE PAYMENT IS MADE, THE STUDENT IS A RESIDENT OF 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	1298	RecipientCnt
Cash Grant	$64,211,091	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2	FormAndLineReferenceDesc
Explanation	MONITORING USE OF FUNDS 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. FOR INTERNSHIPS, THE COLLEGE IS IN CONTACT WITH THE ORGANIZATIONS PROVIDING THE INTERNSHIP TO ENSURE THAT HIGH-QUALITY PROGRAMS ARE PROVIDED TO THE STUDENTS.	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
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	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	Yes (true)	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 (13 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount
Paula A Johnson
President	$540,299	$41,482	$33,824	$90,976	$706,581
Piper Orton
VP for Fin. & Admin. & Treas.	$340,529	$2,332	$33,824	$10,003	$386,688
Deborah F Kuenstner
Chief Investment officer	$564,192	$3,168	$33,824	$26,814	$1,712,291	$1,084,293
Andrew Shennan
Provost and Dean of College	$288,907	$1,272	$33,824	$98,793	$452,796	$30,000
Sheilah Horton
Dean of Students	$245,867	$1,050	$13,880	$58,220	$321,017	$2,000
Joy St John
Dean-Admiss. & Stu. Fin. Svcs	$207,165	$312	$27,731	$29,409	$269,617	$5,000
Ann Velenchik
Dean of Academic Aff.	$221,508	$15,924	$29,713	$19,774	$286,919
Ray Oquendo
Dir.-Invest. Operation	$319,449	$1,458	$33,824	$27,848	$659,672	$277,093
Roseann C Carpenter
Investment Officer	$303,142	$287	$33,824	$29,838	$648,967	$281,876
Karen Petrulakis
General Counsel	$347,264	$840	$15,546	$20,190	$384,840	$1,000
Richard G French
Prof. Astronomy	$190,456	$73,758	$32,925	$19,645	$316,784
Ganesan Ravishanker
Chief Info. Off. & Assoc. Dean	$257,670	$2,647	$31,571	$1,027	$292,915
Cameran M Mason
Former VP-Resources&Pub. Aff.	$160,368	$50,512	$25,867	$11,089	$247,836

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part I, Line 1a	BENEFITS PROVIDED 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. THE COLLEGE PROVIDES HOUSING TO CERTAIN EMPLOYEES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE AND BENEFIT OF THE COLLEGE. THE PRESIDENT, PROVOST AND DEAN OF COLLEGE, AND DEAN OF STUDENTS EACH RECEIVED A HOUSING ALLOWANCE. THESE HOUSING ALLOWANCE AMOUNTS WERE NOT TAXABLE AND WERE NOT INCLUDED IN THEIR W-2. THE HOUSING REQUIREMENT AS A CONDITION OF EMPLOYMENT IS DOCUMENTED IN THE EMPLOYEE'S FILES. THE COLLEGE WILL NOT PAY FOR PERSONAL SERVICES WITH THE EXCEPTION OF THE PRESIDENT'S HOUSE. BECAUSE THE PRESIDENT'S HOUSE IS USED EXTENSIVELY FOR COLLEGE BUSINESS, HOUSEKEEPING SERVICES ARE PROVIDED FOR THE GENERAL SPACE. A CHEF WILL BE AT THE PRESIDENT'S HOUSE TO PROVIDE MEALS FOR BUSINESS PURPOSE FUNCTIONS. PERSONAL SERVICES PROVIDED TO EMPLOYEES ARE APPROPRIATELY REPORTED AS TAXABLE COMPENSATION.
Part I, Line 6a	PAYMENTS CONTIGENT OF NET EARNINGS 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.
Part I, Line 7	Nonfixed Payments Employees other than investment office employees are able to receive merit-based bonus compensation.

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	042456011	57586CP25	2008-01-28	$57,385,000	CONSTRUCTIONS - REFIN. 1999 ISSUE	false	false	false
MDFA 2012 SERIES J
B	043431814	57583UNP9	2012-04-01	$55,497,618	CONSTRUCTION	false	false	false
MDFA 2018 SERIES L
C	043431814	57584YES4	2018-03-01	$105,663,450	CONSTRUCTION - REFIN. 1992 ISSUE	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$57,385,000	$0	$0	$0	$530,057	$0	$0	$25,447,000	$31,407,943	$0	2010	false	Yes (true)	Yes (true)	Yes (true)
B	$0	$0	$55,497,618	$0	$0	$0	$394,458	$0	$0	$55,103,160	$0	$0	2015	false	false	Yes (true)	Yes (true)
C	$1,020,000	$0	$96,500,000	$0	$0	$0	$832,680	$0	$0	$61,495,168	$4,825,000	$29,347,152		Yes (true)	false	false	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	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false	false	Yes (true)	Yes (true)	false		false	false	false	false
C	false	false	Yes (true)	Yes (true)	false		false	false	false	false

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	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
JP MORGAN
A	false	false	Yes (true)	false	Yes (true)	Yes (true)	31.44	false	false	false	0	Yes (true)	Yes (true)
0
B	false	false	false	Yes (true)	false	false				false	0	false	Yes (true)
0
C	false	Yes (true)	false	false	Yes (true)	false				false	0	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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINES 3C AND 3D	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 IS EVIDENT.
PART IV, LINE 2	COLUMN A - MHEFA 2008 SERIES I THE MHEFA 2008 SERIES I BOND ISSUE MEETS THE 6-MONTH EXCEPTION OF THE REBATE REQUIREMENT, AS THE GROSS PROCEEDS FROM THE BOND ISSUE WAS SPENT WITHIN 6 MONTHS OF THE ISSUE DATES. COLUMN C - MDFA 2008 SERIES L THE FIRST REBATE CALCULATION FOR THE MDFA SERIES L BOND IS DUE MARCH 1, 2023.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd

Field	Value	IRS element (for citing)
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	212	ContributionCnt
Noncash Contributions Rpt F990	$6,449,009	NoncashContributionsRptF990Amt
Method Of Determining Revenues	SELLING PRICE/FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	OTHER PERS.PP	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV/$1 FOR TRACKING	MethodOfDeterminingRevenuesTxt

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part I, Line 32b	USE OF THIRD PARTIES WELLESLEY COLLEGE USES A SECURITIES BROKER TO SELL ALL DONATED PUBLICLY TRADED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT FAIR MARKET VALUE.
PART I, LINE 33	ACCOUNTING FOR WORKS OF ART 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 IN ITS BALANCE SHEET.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	FORM 990 REVIEW FORM 990 WAS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE COLLEGES'S FINANCE OFFICE. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS FORM 990 AND ALL REQUIRED SCHEDULES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990 AND ALL REQUIRED SCHEDULES ARE ALSO DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE FILING.
Form 990, Part VI, Section B, Line 11b	FORM 990 PROVIDED TO GOVERNING BODY THE COLLEGE HAS DISTRIBUTED FORM 990 TO THE FULL BOARD OF TRUSTEES WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF SCHEDULE B'S PRIVATE AND CONFIDENTIAL NATURE, THE COLLEGE HAS CHOSEN NOT TO DISCLOSE THE IDENTITIES AND ADDRESSES OF ITS DONORS. AS SUCH, WE ARE REQUIRED TO ANSWER THE QUESTION ON LINE 11A "NO" EVEN THOUGH THE BOARD RECEIVES ALL OF FORM 990 EXCEPT FOR DONORS' NAMES AND ADDRESSES.
Form 990, Part VI, Section B, Line 12c	MONITORING AND ENFORCEMENT OF CONFLICT POLICY CONFLICT OF INTEREST POLICIES ARE IN PLACE FOR TRUSTEES, OFFICERS, EXTERNAL INVESTMENT COMMITTEE MEMBERS, AND ALL EMPLOYEES. TRUSTEES AND OFFICERS 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, Section B, Line 15a and 15b	COMPENSATION REVIEW AND APPROVAL THE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS OF THE COLLEGE IS DETERMINED BY THE COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF TRUSTEES. THE 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 CONTEMPERANOUS 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, Section C, Line 19	AVAILABILITY OF DOCUMENTS A COPY OF THE BUSINESS CONDUCT POLICY WHICH INCLUDES THE CONFLICT OF INTEREST POLICY IS GIVEN TO ALL NEW EMPLOYEES UPON HIRE. BOTH THE BUSINESS CONDUCT POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. THE COLLEGE'S ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part X, Lines 27, 28, and 29	Wellesley College has adopted ASU 2016-14, presentation of the financial statements of not-for-profit entities. As a result, the June 30, 2019 audited financial statements classify net assets as either net assets without donor restrictions, or net assets with donor restrictions. For purposes of Form 990, Part X, Lines 27, 28, and 29, Wellesley College has reported net assets without donor restrictions as unrestricted net assets and net assets with donor restrictions as permanantly restricted net assets, respectively.
FORM 990, PART XI, LINE 9	UNREALIZED GAIN (LOSS) ON INTEREST RATE SWAP $ (5,337,000) OTHER NON-OPERATING CHANGES $ 625,499 MINIMUM PENSION LIABILITY $ (4,289,000) TOTAL $ (9,000,501)

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	N16 7EJ	ForeignPostalCd

Field	Value	IRS element (for citing)
EIN	981196154	EIN
Primary Activities	EDUCATION	PrimaryActivitiesTxt
Legal Domicile Foreign Country	UK	LegalDomicileForeignCountryCd
Total Income	$492,368	TotalIncomeAmt
End Of Year Assets	$6,940	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

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

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
POOLED INCOME FUNDS (5)
SUPPORT	MA	NA	TRUST	Yes (true)
CHARITABLE REMAINDER TRUSTS (2)
SUPPORT	MA	NA	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	$84,659	ACCRUAL
CHARITABLE REMAINDER TRUSTS (2)
S	$2,609,924	ACCRUAL