2018-05-15T11:45:28-05:00 2017-06-30 340677006 Maloney Novotny LLC 1111 Superior Ave Suite 700 Cleveland OH 441142540 990 2016-07-01 042103637 WELLESLEY COLLEGE WELL 7812831000 106 CENTRAL STREET WELLESLEY MA 024818203 PIPER ORTON VP FOR FIN.&ADMIN.&TREAS. 7812831000 2018-05-11 1 Christopher B Anderson P00226559 2163630100 2016 2022-09-23 18:48:47Z PAULA A JOHNSON 106 CENTRAL STREET WELLESLEY MA 02481 730029350 0 X WWW.WELLESLEY.EDU X 1870 MA WELLESLEY IS THE PREEMINENT COLLEGE FOR GIFTED YOUNG WOMEN THAT PROVIDES A SUPERIOR 4-YEAR LIBERAL ARTS EDUCATION, PREPARING THEM FOR LEADERSHIP IN A DIVERSE AND CHANGING WORLD. 32 32 3315 0 1774026 0 94615915 55335153 143636094 148687779 36086775 86417973 10436597 9166844 284775381 299607749 56996360 57838000 0 0 138530608 141986046 0 0 16714673 81890348 90250376 277417316 290074422 7358065 9533327 2422459289 2569337191 392873390 367631379 2029585899 2201705812 WELLESLEY'S MISSION IS TO EDUCATE TALENTED YOUNG WOMEN AND EQUIP THEM TO MAKE A SIGNIFICANT DIFFERENCE IN THEIR COMMUNITIES, ORGANIZATIONS, AND AROUND THE WORLD. 0 0 179782672 0 144453969 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. 61898473 57838000 0 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. APPROXIMATELY 60% OF THE STUDENT BODY RECEIVES FINANCIAL AID AND WELLESLEY IS WIDELY RECOGNIZED AS ONE OF THE TOP 10 COLLEGES IN THE COUNTRY FOR STUDENTS GRADUATING WITH THE LEAST AMOUNT OF DEBT. 11472802 0 11472802 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. 253153947 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 674 0 1 3315 1 1 1 1 FR MX IT 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X X X PIPER ORTON 7812831000 106 CENTRAL STREET WELLESLEY MA 024818203 LAURA DAIGNAULT GATES CHAIR 12.00 0.00 X 0 0 0 DEBORA DE HOYOS VICE CHAIR 10.00 0.00 X 0 0 0 KENNETH G BARTELS TRUSTEE 2.00 0.00 X 0 0 0 JUDYANN ROLLINS BIGBY TRUSTEE 2.00 0.00 X 0 0 0 BRIAN C BRODERICK TRUSTEE 2.00 0.00 X 0 0 0 RUTH CHANG TRUSTEE 2.00 0.00 X 0 0 0 PETER CRANE TRUSTEE 2.00 0.00 X 0 0 0 ALISON LI CHUNG TRUSTEE 2.00 0.00 X 0 0 0 OPHELIA DAHL TRUSTEE 2.00 0.00 X 0 0 0 KRISTINE HOLLAND DE JUNIAC TRUSTEE 2.00 0.00 X 0 0 0 THOMAS E FAUST JR TRUSTEE 2.00 0.00 X 0 0 0 HANA GLASSER TRUSTEE 2.00 0.00 X 0 0 0 JUDITH B HALE TRUSTEE 2.00 0.00 X 0 0 0 BUNNY WINTER TRUSTEE 2.00 0.00 X 0 0 0 DOROTHY CHAO JENKINS TRUSTEE 2.00 0.00 X 0 0 0 LYNN DIXON JOHNSTON TRUSTEE 2.00 0.00 X 0 0 0 JAMES T KLOPPENBERG TRUSTEE 2.00 0.00 X 0 0 0 ALICIA M COONEY TRUSTEE 2.00 0.00 X 0 0 0 SUSAN KOENIGSBERG LUCAS TRUSTEE 2.00 0.00 X 0 0 0 ELLEN GOLDBERG LUGER TRUSTEE 2.00 0.00 X 0 0 0 LAURA RUSSELL MALKIN TRUSTEE 2.00 0.00 X 0 0 0 ELLEN R MARRAM TRUSTEE 2.00 0.00 X 0 0 0 GRACIA MANGANO MARTORE TRUSTEE 2.00 0.00 X 0 0 0 LAWRY JONES MEISTER TRUSTEE 2.00 0.00 X 0 0 0 PAMELA A MELROY TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER T PASKO TRUSTEE 2.00 0.00 X 0 0 0 PRIYA PAUL TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER SMITH TRUSTEE 2.00 0.00 X 0 0 0 SUSAN L WAGNER TRUSTEE 2.00 0.00 X 0 0 0 JENAI SULLIVAN WALL TRUSTEE 2.00 0.00 X 0 0 0 ALVIA WARDLAW TRUSTEE 2.00 0.00 X 0 0 0 MARY H WHITE TRUSTEE 2.00 0.00 X 0 0 0 GEORGIA MURPHY JOHNSON EX OFFICIO TRUSTEE (PRES.WCAA) 2.00 0.00 X 0 0 0 PAULA A JOHNSON PRESIDENT 70.00 0.00 X 254802 0 120272 BENJAMIN HAMMOND VP FOR FIN.&ADMIN.&TREAS. 60.00 0.00 X 304099 0 56631 PIPER ORTON VP FOR FIN.&ADMIN.&TREAS. 60.00 0.00 X 51276 0 4000 DEBORAH F KUENSTNER CHIEF INVESTMENT OFFICER 60.00 0.00 X 1259595 0 46851 CAMERAN M MASON VP-RESOURCES&PUB.AFF. 60.00 0.00 X 322732 0 53687 ANDREW SHENNAN PROVOST&DEAN OF COLLEGE 60.00 0.00 X 334525 0 87075 KATHLEEN R BROWN DIRECTOR-INVESTMENTS 60.00 0.00 X 738242 0 56170 JOY ST JOHN DEAN-ADMISS.&STU.FIN.SVCS. 60.00 0.00 X 184381 0 43964 ANN VELENCHIK DEAN OF ACADEMIC AFF. 60.00 0.00 X 202648 0 43355 KATHRYN LYNCH DEAN OF FACULTY 60.00 0.00 X 259839 0 51007 RAY OQUENDO DIR-INVEST.OPERATIONS 60.00 0.00 X 536338 0 55969 RICHARD G FRENCH PROFESSOR OF ASTRONOMY 60.00 0.00 X 250112 0 49302 GANESAN RAVISHANKER CHIEF INFO.OFF.&ASSOC.DEAN 60.00 0.00 X 245601 0 31922 ROSEANN C CARPENTER INVESTMENT OFFICER 60.00 0.00 X 489185 0 55822 CASEY ROTHSCHILD PROFESSOR OF ECONOMICS 60.00 0.00 X 283840 0 50454 ELLEN WIDMER PROFESSOR OF EAST ASIAN LANGUAGES 60.00 0.00 X 223486 0 32489 H KIM BOTTOMLY FORMER PRESIDENT 70.00 0.00 X 630720 0 106449 6571421 0 945419 266 1 1 0 SKIDMORE OWINGS & MERRILL LLP 14 WALL ST NEW YORK NY 10005 ENGINEERING/ARCHITECTS 1717583 ASTON CONTRACTING LLC 39 PROSPECT STREET SHERBORN MA 01770 CARPENTRY 1264038 ROPES & GRAY ONE INTERNATIONAL PLAZA BOSTON MA 02110 LEGAL FEES 747799 KIERAN TIMBERLAKE ASSOCIATES LLP 841 N AMERICAN STREET PHILADELPHIA PA 19123 ARCHITECTS 698531 BENNINGTON DESIGN MANAGEMENT 30 CENTRAL STREET STE 6 PEABODY MA 01960 DESIGN SERVICES 461419 18 4491448 50843705 20907579 55335153 STUDENT TUITION AND FEES 900099 115610330 115610330 STUDENT ROOM AND BOARD 900099 33077449 33077449 148687779 13802574 -153826 13956400 500895000 2142000 430189916 231685 70705084 1910315 72615399 72615399 AUXILIARY ENTERPRISES 900099 6498653 6485454 13199 WELLESLEY COLLEGE CLUB 722320 1439506 432108 1007398 NEHOIDEN GOLF CLUB 713990 1228685 321430 907255 9166844 299607749 155926771 1774026 86571799 54733383 54733383 3104617 3104617 5366872 4583309 477652 305911 104587847 89318021 9308318 5961508 9644651 8236532 858374 549745 15467950 13209629 1376648 881673 6918726 5908592 615767 394367 5165163 4504022 51652 609489 1002118 1002118 421544 421544 421362 421362 5399339 2985834 32396 2381109 7233917 6481590 311058 441269 1976625 1976625 6907775 6341337 317758 248680 5483947 4732646 340005 411296 1700311 829752 231242 639317 8128085 8128085 17840568 15093121 2265752 481695 1484837 1458110 26727 BANK FEES 8641863 6049304 1728373 864186 EQUIPMENT RENTAL 5561120 5105108 411523 44489 STUDY AWAY EXPENSES 3454964 3454964 PRINTING & MAILING 2015300 1457062 34260 523978 7411538 5462304 1949234 290074422 253153947 20205802 16714673 60682199 83307705 92428806 72217864 8697000 8682319 8249228 7649066 744571 842651 5740086 7699790 603845233 268000896 332586157 335844337 793769000 874590075 1119562242 1178503384 2422459289 2569337191 119134398 96587794 5454748 4930550 1078000 3133062 137496627 136340483 94045000 92025000 35664617 34614490 392873390 367631379 X 601503524 641445207 877416070 1005068505 550666305 555192100 2029585899 2201705812 2422459289 2569337191 9533327 162586586 0 X 0 1 X 1 1 1 X 52588567 83866213 76103854 94615915 55335153 362509702 52588567 83866213 76103854 94615915 55335153 362509702 362509702 17572643 19244418 13751596 12641952 13802574 77013183 8941912 9918785 10958198 10436597 9166844 49422336 488945221 687062908 0.74140 0.73390 X Schedule A, Part II, Line 10, Explanation of Other Income: WELLESLEY COLLEGE CLUB - 2012 Amount: $ 1,580,499. 2013 Amount: $ 1,597,911. 2014 Amount: $ 1,540,673. 2015 Amount: $ 1,455,020. 2016 Amount: $ 1,439,506. AUX ENTERPRISES - 2012 Amount: $ 6,292,932. 2013 Amount: $ 7,256,504. 2014 Amount: $ 8,302,634. 2015 Amount: $ 7,872,487. 2016 Amount: $ 6,498,653. NEHOIDEN GOLF CLUB - 2012 Amount: $ 1,068,481. 2013 Amount: $ 1,064,370. 2014 Amount: $ 1,114,891. 2015 Amount: $ 1,109,090. 2016 Amount: $ 1,228,685. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1784479646 0 230695137 41236924 43186748 1930751111 1881030003 19077480 -32224819 40835838 42567180 1784479646 1834136919 28253254 100454799 40502006 41312963 1881030003 1576336888 54231950 285054954 39849148 41637725 1834136919 1468582412 13734567 173944004 39019540 40904555 1576336888 0.30630 0.27280 0.42090 0 0 38824041 38824041 504810278 262241524 242568754 7879697 5759372 2120325 52331217 52331217 335844337 PRIVATE EQUITY 426749000 F REAL ASSETS 220859000 F ABSOLUTE RETURN 495693000 F MISCELLANEOUS OTHER 21555000 F RESTRICTED CONSTRUCTION FUNDS 13647384 F 1178503384 GOVERNMENT LOAN ADVANCES 3574412 ANNUITIES&UNITRUSTS PAYABLE 31040078 34614490 401466000 162586586 12901000 175487586 225978414 15790987 57838348 73629335 299607749 229345000 12901000 12901000 216444000 15790987 57839435 73630422 290074422 Part III, Line 1a: FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION - WELLESLEY COLLEGE DOES NOT REPORT AS REVENUE ANY GIFTS FOR WORKS OF ART. IN ADDITION, THE COLLEGE DOES NOT CAPITALIZE WORKS OF ART AS ASSETS ON ITS BALANCE SHEET. THIS TREATEMENT IS PERMITTED UNDER SFAS 116. THE COLLEGE'S AUDITED FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING WORKS OF ART, HISTORICAL TREASURES, 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, SCULPTURE, 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 4: INTENDED USES OF ENDOWMENT FUNDS - WELLESLEY COLLEGE'S ENDOWED FUNDS ARE USED TO SUPPORT CRITICAL ACADEMIC PROGRAMS OF THE COLLEGE AND FINANCIAL AID TO STUDENTS. Part XI, Line 2d - Other Adjustments: MINIMUM PENSION LIABILITY 5,682,000. NET GAIN ON INTEREST RATE SWAP 7,219,000. GIFTS IN-KIND Part XI, Line 4b - Other Adjustments: FINANCIAL AID INCLUDING PELL GRANTS 57,838,000. ROUNDING ADJUSTMENT DUE TO FINANCIAL STATEMENT AMOUNTS PRESENTED TO NEAREST THOUSAND DOLLARS 348. Part XII, Line 2d - Other Adjustments: MINIMUM PENSION LIABILITY 5,682,000. NET GAIN ON INTEREST RATE SWAP 7,219,000. GIFTS IN-KIND Part XII, Line 4b - Other Adjustments: FINANCIAL AID INCLUDING PELL GRANTS 57,838,000. ROUNDING ADJUSTMENT DUE TO FINANCIAL STATEMENT AMOUNTS PRESENTED TO NEAREST THOUSAND DOLLARS 1,435. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL COLLEGE PUBLICATIONS, INCLUDING RECRUITMENT BROCHURES AND CATALOGS, COURSE DESCRIPTION DOCUMENTS, THE COLLEGE'S WEBSITE, AND FACULTY AND STUDENT HANDBOOKS, ETC. OUTLINE THE INSTITUTION'S NONDISCRIMINATORY POLICY. Schedule E, Part I, Line 6 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. 1 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 INVESTMENTS 436928802 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 INVESTMENTS 159440991 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 INVESTMENTS 222095163 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 INVESTMENTS 13053082 North America - Canada and Mexico, but not the United States 0 0 INVESTMENTS 19064206 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 INVESTMENTS 1419757 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 345360 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 1 6 PROGRAM SERVICES ACAD.PROG.FOR STUDENTS 1200755 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 PROGRAM SERVICES STUDY AWAY TUITION 2426014 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 64888 North America - Canada and Mexico, but not the United States 0 0 PROGRAM SERVICES STUDY AWAY TUITION 12575 Russia and Neighboring States - Armenia, Azerbijan, Belarus, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 35416 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 238072 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 53165 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 PROGRAM SERVICES STUDY AWAY TUITION 71886 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 PROGRAM SERVICES INTERNSHIPS 17150 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 PROGRAM SERVICES INTERNSHIPS 65000 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 PROGRAM SERVICES INTERNSHIPS 194200 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 PROGRAM SERVICES INTERNSHIPS 23750 North America - Canada and Mexico, but not the United States 0 0 PROGRAM SERVICES INTERNSHIPS 2500 Russia and Neighboring States - Armenia, Azerbijan, Belarus, 0 0 PROGRAM SERVICES INTERNSHIPS 2000 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 PROGRAM SERVICES INTERNSHIPS 15250 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 PROGRAM SERVICES INTERNSHIPS 30032 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 PROGRAM SERVICES INTERNSHIPS 26500 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 29189 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 57318 North America - Canada and Mexico, but not the United States 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 20743 Russia and Neighboring States - Armenia, Azerbijan, Belarus, 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 30202 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 0 PROGRAM SERVICES STUDY AWAY PROGRAM 63334 1 6 0 0 1 6 853548116 3479184 857027300 FINANCIAL AID Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 1 24322 CREDIT TO ACCT. FINANCIAL AID East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 23 552441 CREDIT TO ACCT. FINANCIAL AID Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgiu 25 948183 CREDIT TO ACCT. FINANCIAL AID Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 2 87176 CREDIT TO ACCT. FINANCIAL AID North America - Canada and Mexico, but not the United States 16 521795 CREDIT TO ACCT. FINANCIAL AID South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 1 51732 CREDIT TO ACCT. FINANCIAL AID South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 16 629005 CREDIT TO ACCT. FINANCIAL AID Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 7 171722 CREDIT TO ACCT. FINANCIAL AID Russia and Neighboring States 2 118241 CREDIT TO ACCT. 1 1 1 1 1 0 Part I, Line 2: MONITORING USE OF GRANTS 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. 1 FINANCIAL AID 1325 54733383 Part I, Line 2: MONITORING USE OF GRANT 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. X X X 1 1 X X X X X 1 0 0 0 0 1 0 0 0 PAULA A JOHNSON PRESIDENT 253770 0 0 0 1032 0 31373 0 88899 0 375074 0 0 0 BENJAMIN HAMMOND VP FOR FIN.&ADMIN.&TREAS. 303628 0 0 0 471 0 32673 0 23958 0 360730 0 0 0 DEBORAH F KUENSTNER CHIEF INVESTMENT OFFICER 559949 0 697410 0 2236 0 32673 0 14178 0 1306446 0 0 0 CAMERAN M MASON VP-RESOURCES&PUB.AFF. 302024 0 20000 0 708 0 32673 0 21014 0 376419 0 0 0 ANDREW SHENNAN PROVOST&DEAN OF COLLEGE 303336 0 30000 0 1189 0 32673 0 54402 0 421600 0 0 0 KATHLEEN R BROWN DIRECTOR-INVESTMENTS 353163 0 384129 0 950 0 32672 0 23498 0 794412 0 0 0 JOY ST JOHN DEAN-ADMISS.&STU.FIN.SVCS. 184120 0 0 0 261 0 23897 0 20067 0 228345 0 0 0 ANN VELENCHIK DEAN OF ACADEMIC AFF. 201882 0 0 0 766 0 25276 0 18079 0 246003 0 0 0 KATHRYN LYNCH DEAN OF FACULTY 256598 0 0 0 3241 0 32455 0 18552 0 310846 0 0 0 RAY OQUENDO DIR-INVEST.OPERATIONS 308085 0 227453 0 800 0 32673 0 23296 0 592307 0 0 0 RICHARD G FRENCH PROFESSOR OF ASTRONOMY 248004 0 0 0 2108 0 31272 0 18030 0 299414 0 0 0 GANESAN RAVISHANKER CHIEF INFO.OFF.&ASSOC.DEAN 244070 0 0 0 1531 0 29952 0 1970 0 277523 0 0 0 ROSEANN C CARPENTER INVESTMENT OFFICER 267328 0 221587 0 270 0 32673 0 23149 0 545007 0 0 0 CASEY ROTHSCHILD PROFESSOR OF ECONOMICS 114058 0 0 0 169782 0 32673 0 17781 0 334294 0 0 0 ELLEN WIDMER PROFESSOR OF EAST ASIAN LANGUAGES 201204 0 0 0 22282 0 24387 0 8102 0 255975 0 0 0 H KIM BOTTOMLY FORMER PRESIDENT 249000 0 40000 0 341720 0 32673 0 73776 0 737169 0 0 0 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 AREAS 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 HOUSING REQUIREMENT AS A CONDITION OF EMPLOYMENT IS DOCUMENTED IN THE EMPLOYEES' 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. Part I, Line 4a SEVERANCE PAYMENT - H. KIM BOTTOMLY RECEIVED A SEVERANCE PAYMENT OF $249,000 IN CALENDAR YEAR 2016. Part I, Line 6 PAYMENTS CONTINGENT 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. ADDITIONAL INFORMATION ABOUT COMPENSATION - PART II: THE AMOUNT IN COLUMN B(III) FOR CASEY ROTHSCHILD INCLUDES COMPENSATION OF $166,000 FOR TEACHING AT OTHER INSTITUTIONS. A WELLESLEY COLLEGE SERIES I 042103637 57586CP25 2008-01-28 57385000 CONSTRUCTION - REFINANCING 0 0 0 B WELLESLEY COLLEGE SERIES J 042103637 57583UNP9 2012-04-01 49800000 CONSTRUCTION - REFINANCING 0 0 0 A 59100349 32473135 530057 22004607 2010 1 1 1 1 B 55497618 53683508 497618 55001323 2015 1 1 1 1 A 0 0 0 1 1 0.02610 0.02610 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 1 1 JP MORGAN 31.440000000000 0 0 0 1 1 B 0 1 0 0 0 0 0 0 1 A 0 B 0 X 671 794980 FMV OR $1 FOR TRACKING X 300 $1 FOR TRACKING X 293 20007799 SELLING PRICE/FMV X OTHER PERS.PPTY. 9 104500 APPRAISAL 0 1 1 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 ON ITS BALANCE SHEET. 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 COLLEGE'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 CONFLICT 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 15 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 USES VARIOUS COMPARABILITY DATA FROM AN INDEPENDENT COMPENSATION CONSULTANT AS WELL AS OTHER MARKET SURVEYS. 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. WB DAYCARE INC 106 CENTRAL STREET WELLESLEY MA 02481 042982305 SUPP.DAY CARE MA 501(c)(3) Line 5 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0