WELLESLEY COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- WELLESLEY COLLEGE (EIN 04-2103637)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-14
- IRS object ID
- 201501349349302640
- Schema version
- 2013v4.0
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-14T10:28:09-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONEY NOVOTNY LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SUPERIOR AVENUE SUITE 700 | AddressLine1 |
| City | CLEVELAND | City |
| State | OH | State |
| ZIP Code | 44114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BEN HAMMOND | InCareOfNm |
| Business Name Control | WELL | BusinessNameControlTxt |
| Phone | 7812831000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | WELLESLEY | City |
| State | MA | State |
| ZIP Code | 024818203 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN HAMMOND | PersonNm |
| Person Title | VICE PRES.FOR FINANCE & TREASURER | PersonTitleTxt |
| Phone | 7812831000 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER B ANDERSON | PreparerPersonNm |
| PTIN | P00226559 | PTIN |
| Phone | 7812831000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | H KIM BOTTOMLY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1 |
| City | WELLESLEY | City |
| State | MA | State |
| ZIP Code | 024818203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $878,822,398 | 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 | 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&CHANGING WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 3178 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $3,479,441 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $52,588,567 | PYContributionsGrantsAmt |
| CY Contributions Grants | $83,866,213 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $128,299,218 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $131,765,982 | CYProgramServiceRevenueAmt |
| PY Investment Income | $105,543,462 | PYInvestmentIncomeAmt |
| CY Investment Income | $295,313,568 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,941,912 | PYOtherRevenueAmt |
| CY Other Revenue | $9,918,785 | CYOtherRevenueAmt |
| PY Total Revenue | $295,373,159 | PYTotalRevenueAmt |
| CY Total Revenue | $520,864,548 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $50,824,455 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $51,933,166 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $119,227,981 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $129,752,035 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $12,775,436 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $76,511,336 | PYOtherExpensesAmt |
| CY Other Expenses | $80,784,679 | CYOtherExpensesAmt |
| PY Total Expenses | $246,563,772 | PYTotalExpensesAmt |
| CY Total Expenses | $262,469,880 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $48,809,387 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $258,394,668 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,147,932,564 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,397,864,730 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $364,439,842 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $358,079,857 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,783,492,722 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,039,784,873 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $165,076,189 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $125,511,940 | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $54,132,783 | ExpenseAmt |
| Grant | $51,933,166 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,703,960 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $12,703,960 | 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 | $231,912,932 | 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 | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln 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 | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 637 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3178 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | 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 | Yes (true) | 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 | BEN HAMMOND | PersonNm |
| Phone | 7812831000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 106 CENTRAL STREET | AddressLine1 |
| City | WELLESLEY | City |
| State | MA | State |
| ZIP Code | 024818203 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAURA DAIGNAULT GATES | |||||||||
| CHAIR | 12.0 | Yes (X) | $0 | $0 | $0 | ||||
| SIDNEY R KNAFEL | |||||||||
| VICE CHAIR | 10.0 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH G BARTELS | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| M AMY BATCHELOR | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| JUDY ANN ROLLINS BIGBY | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| RUTH J CHANG | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| ALISON LI CHUNG | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| ALICIA M COONEY | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| DEBORA DE HOYOS | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| KRISTINE HOLLAND DE JUNIAC | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| ALECIA A DECOUDREAUX | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS E FAUST JR | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| SANDRA POLK GUTHMAN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| JUDITH B HALE | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARYAM HOMAYOUN-EISLER | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| DOROTHY CHAO JENKINS | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| LYNN DIXON JOHNSTON | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM S KAISER | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| KATHERINE STONE KAUFMANN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN W KIDDER | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES T KLOPPENBERG | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN KOENIGSBERG LUCAS | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| ELLEN GOLDBERG LUGER | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| LAURA RUSSELL MALKIN | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| ELLEN R MARRAM | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| PAMELA A MELROY | |||||||||
| TRUSTEE | 3.0 | Yes (X) | $0 | $0 | $0 | ||||
| DIAMOND SHARP | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN L WAGNER | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARY H WHITE | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| BUNNY WINTER | |||||||||
| TRUSTEE | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| KAREN E WILLIAMSON | |||||||||
| EX OFFICIO TRUSTEE(PRES.WCAA) | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| H KIM BOTTOMLY | |||||||||
| PRESIDENT | 70.0 | $496,575 | $0 | $105,257 | Yes (X) | ||||
| BENJAMIN HAMMOND | |||||||||
| VP FOR FINANCE&ADMINISTRATION | 60.0 | $189,164 | $0 | $30,938 | Yes (X) | ||||
| DEBORAH F KUENSTNER | |||||||||
| CHIEF INVESTMENT OFFICER | 60.0 | $806,946 | $0 | $33,530 | Yes (X) | ||||
| CAMERAN M MASON | |||||||||
| VP FOR RESOURCES&PUB.AFF. | 60.0 | $294,651 | $0 | $50,815 | Yes (X) | ||||
| ANDREW SHENNAN | |||||||||
| PROVOST&DEAN OF COLLEGE | 60.0 | $295,345 | $0 | $69,963 | Yes (X) | ||||
| KATHLEEN R BROWN | |||||||||
| DIRECTOR - INVESTMENTS | 60.0 | $474,801 | $0 | $50,512 | Yes (X) | ||||
| DEBRA S DEMEIS | |||||||||
| DEAN OF STUDENTS | 60.0 | $195,555 | $0 | $80,451 | Yes (X) | ||||
| JENNIFER C DESJARLAIS | |||||||||
| DEAN-ADM.&STUD.FIN.SVCS. | 60.0 | $195,145 | $0 | $31,077 | Yes (X) | ||||
| RICHARD G FRENCH | |||||||||
| DEAN OF ACADEMIC AFFAIRS | 60.0 | $254,026 | $0 | $48,162 | Yes (X) | ||||
| KATHRYN LYNCH | |||||||||
| DEAN OF FACULTY | 60.0 | $221,654 | $0 | $44,682 | Yes (X) | ||||
| DONNA NG | |||||||||
| ASSOC.VP-FIN.&ASSOC. PROVOST | 60.0 | $215,695 | $0 | $45,988 | Yes (X) | ||||
| RAY OQUENDO | |||||||||
| DIR-INVESTMENT OPERATIONS | 60.0 | $401,118 | $0 | $50,942 | Yes (X) | ||||
| GANESAN RAVISHANKER | |||||||||
| CHIEF INFO.OFFICER&ASSOC.DEAN | 60.0 | $270,752 | $0 | $32,394 | Yes (X) | ||||
| VANESSA BRITTO | |||||||||
| CLINICAL DIR-HEALTH SVCS | 60.0 | $210,956 | $0 | $26,343 | Yes (X) | ||||
| FRANK BIDART | |||||||||
| PROFESSOR OF ENGLISH | 60.0 | $209,634 | $0 | $24,585 | Yes (X) | ||||
| JOSEPH JOYCE | |||||||||
| PROFESSOR | 60.0 | $212,392 | $0 | $62,489 | Yes (X) | ||||
| GLENN STARK | |||||||||
| PROFESSOR | 60.0 | $192,012 | $0 | $43,161 | Yes (X) | ||||
| ANDREW B EVANS | |||||||||
| VP FOR FINANCE&TREASURER | 60.0 | $216,075 | $0 | $35,411 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,352,496 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $866,700 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 252 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EDUCATORS HEALTH LLC | |||||
| 123 INTERSTATE DRIVE | WEST SPRINGFIELD | MA | 01089 | HEALTH INSURANCE | $14,599,896 |
| BENNINGTON DESIGN MANAGEMENT | |||||
| 131 OXBOW ROAD | NEEDHAM | MA | 02492 | DESIGN SVCS. | $388,045 |
| ROBERT OLSON ASSOCIATES LLC | |||||
| 374 CONGRESS ST 300 | BOSTON | MA | 02210 | ARCHITECTS | $442,788 |
| ROPES GRAY | |||||
| ONE INTERNATIONAL PLACE | BOSTON | MA | 02110 | LEGAL FEES | $363,086 |
| CALUMET PRINTING SERVICES | |||||
| 30 CENTRAL STREET SUITE 6 | PEABODY | MA | 01960 | PRINTING SERVICES | $350,653 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,886,846 | GovernmentGrantsAmt |
| All Other Contributions | $78,979,367 | AllOtherContributionsAmt |
| Noncash Contributions | $6,549,887 | NoncashContributionsAmt |
| Total Contributions | $83,866,213 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT TUITION AND FEES | 900099 | $102,634,596 | $102,634,596 |
| STUDENT ROOM AND BOARD | 900099 | $29,131,386 | $29,131,386 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $131,765,982 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,244,242 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $10,398 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,233,844 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $176 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $176 | RelatedOrExemptFuncIncomeAmt |
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 | $634,027,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $357,957,850 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $276,069,150 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $276,069,150 | TotalRevenueColumnAmt |
| Exclusion | $276,069,150 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
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 |
|---|---|---|---|---|
| WELLESLEY COLLEGE CLUB | 722320 | $1,597,911 | $539,104 | $1,058,807 |
| AUXILIARY ENTERPRISES | 900099 | $7,256,504 | $5,672,946 | $1,583,558 |
| NEHOIDEN GOLF CLUB | 713990 | $1,064,370 | $237,692 | $826,678 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,918,785 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $520,864,548 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $138,215,900 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,479,441 | UnrelatedBusinessRevenueAmt |
| Exclusion | $295,302,994 | 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 | $48,719,334 | TotalAmt |
| Program Services | $48,719,334 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,213,832 | TotalAmt |
| Program Services | $3,213,832 | 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 | $4,040,675 | TotalAmt |
| Program Services | $3,528,301 | ProgramServicesAmt |
| Management And General | $288,976 | ManagementAndGeneralAmt |
| Fundraising | $223,398 | FundraisingAmt |
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 | $94,614,622 | TotalAmt |
| Program Services | $82,944,087 | ProgramServicesAmt |
| Management And General | $6,572,205 | ManagementAndGeneralAmt |
| Fundraising | $5,098,330 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,445,199 | TotalAmt |
| Program Services | $9,993,900 | ProgramServicesAmt |
| Management And General | $818,523 | ManagementAndGeneralAmt |
| Fundraising | $632,776 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,037,554 | TotalAmt |
| Program Services | $8,879,467 | ProgramServicesAmt |
| Management And General | $2,331,671 | ManagementAndGeneralAmt |
| Fundraising | $1,826,416 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,613,985 | TotalAmt |
| Program Services | $5,775,305 | ProgramServicesAmt |
| Management And General | $473,010 | ManagementAndGeneralAmt |
| Fundraising | $365,670 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,276,109 | TotalAmt |
| Program Services | $5,475,027 | ProgramServicesAmt |
| Management And General | $60,062 | ManagementAndGeneralAmt |
| Fundraising | $741,020 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $711,023 | TotalAmt |
| Management And General | $711,023 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,325 | TotalAmt |
| Management And General | $220,325 | 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 | $454,443 | TotalAmt |
| Management And General | $454,443 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,040,952 | TotalAmt |
| Program Services | $3,994,297 | ProgramServicesAmt |
| Management And General | $36,155 | ManagementAndGeneralAmt |
| Fundraising | $1,010,500 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,185,121 | TotalAmt |
| Program Services | $6,769,231 | ProgramServicesAmt |
| Management And General | $262,969 | ManagementAndGeneralAmt |
| Fundraising | $152,921 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,944 | TotalAmt |
| Program Services | $476,598 | ProgramServicesAmt |
| Management And General | $17,688 | ManagementAndGeneralAmt |
| Fundraising | $14,658 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,520,312 | TotalAmt |
| Program Services | $6,945,068 | ProgramServicesAmt |
| Management And General | $318,147 | ManagementAndGeneralAmt |
| Fundraising | $257,097 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,859,761 | TotalAmt |
| Program Services | $3,351,949 | ProgramServicesAmt |
| Management And General | $191,980 | ManagementAndGeneralAmt |
| Fundraising | $315,832 | 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 | $958,235 | TotalAmt |
| Program Services | $777,719 | ProgramServicesAmt |
| Management And General | $135,779 | ManagementAndGeneralAmt |
| Fundraising | $44,737 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,547,626 | TotalAmt |
| Program Services | $8,547,626 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,413,529 | TotalAmt |
| Program Services | $14,737,940 | ProgramServicesAmt |
| Management And General | $2,219,006 | ManagementAndGeneralAmt |
| Fundraising | $456,583 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,412,706 | TotalAmt |
| Program Services | $1,392,559 | ProgramServicesAmt |
| Management And General | $9,474 | ManagementAndGeneralAmt |
| Fundraising | $10,673 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIPMENT RENTAL | $4,846,659 | $4,128,114 | $692,584 | $25,961 |
| STUDY AWAY EXPENSES | $3,064,562 | $3,064,562 | ||
| PRINTING & PUBLICATIONS | $1,399,428 | $1,121,852 | $36,462 | $241,114 |
| MUSEUM COSTS | $690,751 | $690,751 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,674,193 | TotalAmt |
| Program Services | $7,385,413 | ProgramServicesAmt |
| Management And General | $1,931,030 | ManagementAndGeneralAmt |
| Fundraising | $1,357,750 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,469,880 | TotalAmt |
| Program Services | $231,912,932 | ProgramServicesAmt |
| Management And General | $17,781,512 | ManagementAndGeneralAmt |
| Fundraising | $12,775,436 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,673,700 | BOYAmt |
| EOY | $34,307,055 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,001,250 | BOYAmt |
| EOY | $55,001,426 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,268,226 | BOYAmt |
| EOY | $45,967,448 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,282,312 | BOYAmt |
| EOY | $1,561,361 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $442,391 | BOYAmt |
| EOY | $422,241 | 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 | $8,271,736 | BOYAmt |
| EOY | $8,198,094 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $725,036 | BOYAmt |
| EOY | $755,991 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,540,695 | BOYAmt |
| EOY | $4,992,393 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $522,172,137 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $226,090,348 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,271,620 | BOYAmt |
| EOY | $296,081,789 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $718,112,000 | BOYAmt |
| EOY | $810,562,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $974,359,598 | BOYAmt |
| EOY | $1,139,751,932 | 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 | $984,000 | BOYAmt |
| EOY | $263,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,147,932,564 | BOYAmt |
| EOY | $2,397,864,730 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,324,925 | BOYAmt |
| EOY | $76,539,526 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,470,299 | BOYAmt |
| EOY | $6,054,801 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,559,823 | BOYAmt |
| EOY | $2,129,247 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,765,059 | BOYAmt |
| EOY | $139,708,915 | 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 | $106,450,000 | BOYAmt |
| EOY | $97,695,000 | 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 | $38,869,736 | BOYAmt |
| EOY | $35,952,368 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,439,842 | BOYAmt |
| EOY | $358,079,857 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $583,366,191 | BOYAmt |
| EOY | $630,158,219 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $745,063,042 | BOYAmt |
| EOY | $900,646,969 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,063,489 | BOYAmt |
| EOY | $508,979,685 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,783,492,722 | BOYAmt |
| EOY | $2,039,784,873 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,147,932,564 | BOYAmt |
| EOY | $2,397,864,730 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $258,394,668 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,102,517 | NetUnrlzdGainsLossesInvstAmt |
| 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 | $36,826,123 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $44,556,094 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,172,179 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,588,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $83,866,213 | CurrentTaxYearAmt |
| Total | $263,009,176 | 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 | $36,826,123 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $44,556,094 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,172,179 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,588,567 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $83,866,213 | CurrentTaxYearAmt |
| Total | $263,009,176 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $263,009,176 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,418,896 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,426,181 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,889,416 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,572,643 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,244,418 | CurrentTaxYearAmt |
| Total | $61,551,554 | 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 | $9,687,047 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,562,053 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,774,869 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,941,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,918,785 | CurrentTaxYearAmt |
| Total | $50,884,666 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $375,445,396 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $623,068,470 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.70053 | PublicSupportCY170Pct |
| Public Support PY170 | 0.00000 | 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 | $1,576,336,888 | BeginningYearBalanceAmt |
| Contributions | $54,231,950 | ContributionsAmt |
| Investment Earnings Or Losses | $285,054,954 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $81,486,873 | OtherExpendituresAmt |
| End Year Balance | $1,834,136,919 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,468,582,412 | BeginningYearBalanceAmt |
| Contributions | $13,734,567 | ContributionsAmt |
| Investment Earnings Or Losses | $173,944,004 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $79,924,095 | OtherExpendituresAmt |
| End Year Balance | $1,576,336,888 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,523,683,354 | BeginningYearBalanceAmt |
| Contributions | $16,215,989 | ContributionsAmt |
| Investment Earnings Or Losses | $7,076,035 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $78,392,966 | OtherExpendituresAmt |
| End Year Balance | $1,468,582,412 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,330,243,938 | BeginningYearBalanceAmt |
| Contributions | $13,374,149 | ContributionsAmt |
| Investment Earnings Or Losses | $259,172,062 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $79,106,795 | OtherExpendituresAmt |
| End Year Balance | $1,523,683,354 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,287,284,484 | BeginningYearBalanceAmt |
| Contributions | $13,163,000 | ContributionsAmt |
| Investment Earnings Or Losses | $116,408,889 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $86,612,435 | OtherExpendituresAmt |
| End Year Balance | $1,330,243,938 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.32200 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.26300 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.41500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,375,517 | OtherCostOrOtherBasisAmt |
| Book Value | $41,375,517 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $457,575,371 | OtherCostOrOtherBasisAmt |
| Depreciation | $220,956,446 | DepreciationAmt |
| Book Value | $236,618,925 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,159,134 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,133,902 | DepreciationAmt |
| Book Value | $3,025,232 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,062,115 | OtherCostOrOtherBasisAmt |
| Book Value | $15,062,115 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $296,081,789 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $349,799,000 | F |
| REAL ASSETS | $247,863,000 | F |
| ABSOLUTE RETURN | $472,275,000 | F |
| MISCELLANEOUS OTHER | $27,039,932 | F |
| RESTRICTED CONSTRUCTION FUNDS | $42,775,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,139,751,932 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LIAB.UNDER SECURITIES LENDING | $263,000 |
| GOVERNMENT LOAN ADVANCES | $4,568,996 |
| ANNUITIES&UNITRUSTS PAYABLE | $31,120,372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $35,952,368 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $466,339,135 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,102,517 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $4,497,765 | OtherRevenueAmt |
| Revenue Not Reported | $2,395,248 | RevenueNotReportedAmt |
| Revenue Subtotal | $463,943,887 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,987,495 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $51,933,166 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $56,920,661 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $520,864,548 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $210,046,984 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,497,765 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,497,765 | ExpensesNotReportedAmt |
| Expenses Subtotal | $205,549,219 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,987,495 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $51,933,166 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $56,920,661 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $262,469,880 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FINANCIAL STATEMENT FOOTNOTE REGARDING ART COLLECTION - PART III, LINE 1A: | 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 TREATMENT 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. |
| DESCRIPTION OF ORGANIZATION'S COLLECTIONS - PART III, LINE 4: | 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 BREADTH OF HUMAN CREATIVITY AND A RESPECT FOR DIVERSITY. |
| INTENDED USES OF ENDOWMENT FUNDS - PART V, LINE 4: | WELLESLEY COLLEGE'S ENDOWED FUNDS ARE USED TO SUPPORT CRITICAL ACADEMIC PROGRAMS OF THE COLLEGE AND FINANCIAL AID TO STUDENTS. |
| OTHER CHANGES IN REVENUE - PART XI, LINE 2D: | MINIMUM PENSION LIABILITY: ($810,000); NET GAIN ON INTEREST SWAP: $1,018,040; GIFTS IN-KIND: $4,289,725; TOTAL ADJUSTMENT: $4,497,495 |
| OTHER CHANGES IN REVENUE - PART XI, LINE 4B: | FINANCIAL AID EXPENSE INCLUDING PELL GRANTS: $51,933,166 |
| OTHER CHANGES IN EXPENSES - PART XII, LINE 2B: | MINIMUM PENSION LIABILITY: ($810,000); NET GAIN ON INTEREST SWAP: $1,018,040; GIFTS IN-KIND: $4,289,725; TOTAL ADJUSTMENT: $4,497,495 |
| OTHER CHANGES IN EXPENSES - PART XII, LINE 4B: | FINANCIAL AID EXPENSE INCLUDING PELL GRANTS: $5,933,166 |
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 |
|---|---|
| PUBLICATION OF NONDISCRIMINATORY POLICY - 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. |
| FINANCIAL ASSISTANCE FROM A GOVERNMENTAL AGENCY - 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 (17 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 6 | Program Services | ACAD.PROG.FOR STUDENTS | $1,256,987 |
| Central America and the Caribbean | Program Services | STUDY AWAY TUITION | $14,975 | ||
| East Asia and the Pacific | Program Services | STUDY AWAY TUITION | $434,817 | ||
| Europe (Including Iceland and Greenland) | Program Services | STUDY AWAY TUITION | $2,157,164 | ||
| Middle East and North Africa | Program Services | STUDY AWAY TUITION | $95,659 | ||
| Russia and the Newly Independent States | Program Services | STUDY AWAY TUITION | $19,435 | ||
| South America | Program Services | STUDY AWAY TUITION | $128,252 | ||
| South Asia | Program Services | STUDY AWAY TUITION | $5,450 | ||
| Sub-Saharan Africa | Program Services | STUDY AWAY TUITION | $55,334 | ||
| North America | Program Services | STUDY AWAY PROGRAM | $72,815 | ||
| Sub-Saharan Africa | Program Services | STUDY AWAY PROGRAM | $77,932 | ||
| Central America and the Caribbean | Investments | $389,905,867 | |||
| East Asia and the Pacific | Investments | $29,839,794 | |||
| Europe (Including Iceland and Greenland) | Investments | $194,703,406 | |||
| Middle East and North Africa | Investments | $11,326,339 | |||
| North America | Investments | $69,917,219 | |||
| South Asia | Investments | $13,149,443 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Subtotal Spent | $713,160,888 | SubtotalSpentAmt |
| Total Spent | $713,160,888 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|---|
| FINANCIAL AID | Central America and the Caribbean | 18 | $45,937 |
| FINANCIAL AID | East Asia and the Pacific | 23 | $186,759 |
| FINANCIAL AID | Europe (Including Iceland and Greenland) | 170 | $1,129,459 |
| FINANCIAL AID | Middle East and North Africa | 28 | $212,942 |
| FINANCIAL AID | North America | 84 | $403,233 |
| FINANCIAL AID | South America | 31 | $199,550 |
| FINANCIAL AID | South Asia | 162 | $857,297 |
| FINANCIAL AID | Sub-Saharan Africa | 31 | $178,655 |
| 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 | MONITORING USE OF GRANTS FUNDS - PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE AWARDS AID TO MEET 100% OF A STUDENT'S DEMONSTRATED NEED. ALL AID IS CREDITED TO THE STUDENT'S ACCOUNT. IF THE STUDENT WITHDRAWS FROM WELLESLEY, THE AID IS ADJUSTED ACCORDINGLY. 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 | 1286 | RecipientCnt |
| Cash Grant | $48,719,334 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING USE OF GRANT FUNDS - PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE AWARDS AID TO MEET 100% OF A STUDENT'S DEMONSTRATED NEED. ALL AID IS CREDITED TO THE STUDENT'S ACCOUNT. IF THE STUDENT WITHDRAWS FROM WELLESLEY, THE AID IS ADJUSTED ACCORDINGLY. 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| H KIM BOTTOMLY | ||||||||||||||
| PRESIDENT | $448,380 | $0 | $40,000 | $0 | $8,195 | $0 | $31,445 | $0 | $73,812 | $0 | $601,832 | $0 | $0 | $0 |
| ANDREW B EVANS | ||||||||||||||
| VP FOR FINANCE&TREASURER | $215,065 | $0 | $0 | $0 | $1,010 | $0 | $26,579 | $0 | $8,832 | $0 | $251,486 | $0 | $0 | $0 |
| BENJAMIN HAMMOND | ||||||||||||||
| VP FOR FINANCE&ADMINISTRATION | $139,051 | $0 | $50,000 | $0 | $113 | $0 | $22,670 | $0 | $8,268 | $0 | $220,102 | $0 | $0 | $0 |
| DEBORAH F KUENSTNER | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $518,380 | $0 | $286,232 | $0 | $2,334 | $0 | $31,445 | $0 | $2,085 | $0 | $840,476 | $0 | $0 | $0 |
| CAMERAN M MASON | ||||||||||||||
| VP FOR RESOURCES&PUB.AFF. | $262,051 | $0 | $20,000 | $0 | $12,600 | $0 | $31,445 | $0 | $19,370 | $0 | $345,466 | $0 | $0 | $0 |
| ANDREW SHENNAN | ||||||||||||||
| PROVOST&DEAN OF COLLEGE | $264,741 | $0 | $30,000 | $0 | $604 | $0 | $31,444 | $0 | $38,519 | $0 | $365,308 | $0 | $0 | $0 |
| KATHLEEN R BROWN | ||||||||||||||
| DIRECTOR - INVESTMENTS | $305,591 | $0 | $168,731 | $0 | $479 | $0 | $31,444 | $0 | $19,068 | $0 | $525,313 | $0 | $0 | $0 |
| DEBRA S DEMEIS | ||||||||||||||
| DEAN OF STUDENTS | $194,406 | $0 | $0 | $0 | $1,149 | $0 | $23,667 | $0 | $56,784 | $0 | $276,006 | $0 | $0 | $0 |
| JENNIFER C DESJARLAIS | ||||||||||||||
| DEAN-ADM.&STUD.FIN.SVCS. | $194,739 | $0 | $0 | $0 | $406 | $0 | $23,953 | $0 | $7,124 | $0 | $226,222 | $0 | $0 | $0 |
| RICHARD G FRENCH | ||||||||||||||
| DEAN OF ACADEMIC AFFAIRS | $252,600 | $0 | $0 | $0 | $1,426 | $0 | $31,444 | $0 | $16,718 | $0 | $302,188 | $0 | $0 | $0 |
| KATHRYN LYNCH | ||||||||||||||
| DEAN OF FACULTY | $220,263 | $0 | $0 | $0 | $1,391 | $0 | $27,585 | $0 | $17,097 | $0 | $266,336 | $0 | $0 | $0 |
| DONNA NG | ||||||||||||||
| ASSOC.VP-FIN.&ASSOC. PROVOST | $212,228 | $0 | $3,000 | $0 | $467 | $0 | $27,172 | $0 | $18,816 | $0 | $261,683 | $0 | $0 | $0 |
| RAY OQUENDO | ||||||||||||||
| DIR-INVESTMENT OPERATIONS | $292,591 | $0 | $107,841 | $0 | $686 | $0 | $31,445 | $0 | $19,497 | $0 | $452,060 | $0 | $0 | $0 |
| GANESAN RAVISHANKER | ||||||||||||||
| CHIEF INFO.OFFICER&ASSOC.DEAN | $235,021 | $0 | $3,000 | $0 | $32,731 | $0 | $31,444 | $0 | $950 | $0 | $303,146 | $0 | $0 | $0 |
| VANESSA BRITTO | ||||||||||||||
| CLINICAL DIR-HEALTH SVCS | $208,179 | $0 | $2,000 | $0 | $777 | $0 | $25,539 | $0 | $804 | $0 | $237,299 | $0 | $0 | $0 |
| FRANK BIDART | ||||||||||||||
| PROFESSOR OF ENGLISH | $205,617 | $0 | $0 | $0 | $4,017 | $0 | $23,725 | $0 | $860 | $0 | $234,219 | $0 | $0 | $0 |
| JOSEPH JOYCE | ||||||||||||||
| PROFESSOR | $211,410 | $0 | $0 | $0 | $982 | $0 | $24,358 | $0 | $38,131 | $0 | $274,881 | $0 | $0 | $0 |
| GLENN STARK | ||||||||||||||
| PROFESSOR | $191,496 | $0 | $0 | $0 | $516 | $0 | $24,267 | $0 | $18,894 | $0 | $235,173 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| BENEFITS PROVIDED - PART I, LINE 1A: | 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. |
| PAYMENTS CONTINGENT ON NET EARNINGS - PART I, LINE 6A: | EMPLOYEES IN THE INVESTMENT OFFICE HAVE AN INCENTIVE PERFORMANCE-RELATED BONUS SYSTEM BASED ON THE INVESTMENT PERFORMANCE OF THE WELLESLEY COLLEGE ENDOWMENT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| WELLESLEY COLLEGE SERIES I | ||||||||
| A | 042103637 | 57586CP25 | 2008-01-28 | $57,385,000 | CONSTRUCTION - REFINANCING | false | false | false |
| WELLESLEY COLLEGE SERIES J | ||||||||
| B | 042103637 | 57583UNP9 | 2012-04-01 | $49,800,000 | CONSTRUCTION - REFINANCING | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 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 | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $59,100,349 | $0 | $0 | $32,473,135 | $530,057 | $0 | $0 | $8,998,334 | $0 | $13,006,273 | 2010 | Yes (true) | Yes (true) | false |
| B | $0 | $0 | $55,497,618 | $0 | $0 | $53,683,508 | $497,618 | $0 | $0 | $0 | $0 | $0 | Yes (true) | Yes (true) | false |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | Yes (true) | 0.00000 | 0.02610 | 0.02610 | false | false | false | false |
| B | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JP MORGAN | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 31.44 | false | false | false | 0 | Yes (true) | Yes (true) |
| 0 | |||||||||||||
| B | false | Yes (true) | false | false | false | false | false | 0 | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW SHENNAN | PersonNm |
| Relationship With Org | OFFICER | RelationshipWithOrgTxt |
| Loan Purpose | MORTGAGE | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $598,350 | OriginalPrincipalAmt |
| Balance Due | $422,241 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $422,241 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 108 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | N/A | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| 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 | 281 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,549,887 | 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 | BOOKS | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | N/A | 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 | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| USE OF THIRD PARTIES - PART I, LINE 32B: | WELLESLEY COLLEGE USES A SECURITIES BROKER TO SELL ALL DONATED PUBLICLY TRADED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT FAIR MARKET VALUE. |
| ACCOUNTING FOR WORKS OF ART - PART I, LINE 33: | 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. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 REVIEW - FORM 990, PART VI, LINE 11B: | 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 PRIOR TO FILING. |
| MONITORING AND ENFORCEMENT OF CONFLICT POLICY - FORM 990,PART VI,LINE 12C: | 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. SELECT DEPARTMENT HEADS AND OTHER EMPLOYEES ON AN ANNUAL BASIS MAKE A WRITTEN DISCLOSURE TO THE VICE PRESIDENT FOR FINANCE AND TREASURER OF REPORTABLE CONFLICTS OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. EMPLOYEES ARE RESPONSIBLE FOR COMPLETING AND RETURNING A DISCLOSURE FORM TO THE VICE PRESIDENT FOR FINANCE AND TREASURER. THE RESPONSES MAY BE MODIFIED BY THE EMPLOYEE AT ANY TIME DURING THE YEAR IF THERE ARE CHANGES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION OR HIS DESIGNEE REVIEWS ALL FORMS AND TAKES ANY APPROPRIATE ACTION THAT MAY BE NECESSARY. |
| COMPENSATION REVIEW AND APPROVAL - FORM 990, PART VI, LINE 15: | 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. |
| AVAILABILITY OF DOCUMENTS - FORM 990, PART VI, LINE 19: | 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| WELLESLEY COLLEGE ALUMNAE ASSOCIATION | ||||||||||
| 106 CENTRAL STREET | WELLESLEY | MA | 02481 | 042105817 | ALUMNAE ASSOC | MA | 501(c)(3) | 11C | NA | false |
| WB DAYCARE INC | ||||||||||
| 106 CENTRAL STREET | WELLESLEY | MA | 02481 | 042982305 | SUPP.DAYCARE | MA | 501(c)(3) | 5 | NA | false |
| 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 | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WELLESLEY COLLEGE ALUMNAE ASSOCIATION | ||
| N | $70,845 | FMV |
| WB DAYCARE INC | ||
| N | $215,930 | FMV |