WELLESLEY COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WELLESLEY COLLEGE (EIN 04-2103637)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-13
- IRS object ID
- 201421339349301502
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-13T08:54:43-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONEY NOVOTNY LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103637 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLESLEY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % BEN HAMMOND | InCareOfName |
| Name Control | WELL | NameControl |
| Phone | 7812831000 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BEN HAMMOND | Name |
| Title | VICE PRESIDENT FOR FINANCE&TREAS. | Title |
| Phone | 7812832258 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRISTOPHER B ANDERSON | Name |
| Phone | 2163630100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | H KIM BOTTOMLY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 761881340 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WELLESLEY.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1870 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | WELLESLEY COLLEGE IS A TOTAL LEARNING ENVIRONMENT THAT PROVIDES A SUPERIOR 4-YEAR LIBERAL ARTS EDUCATION FOR INTELLECTUALLY GIFTED YOUNG WOMEN,PREPARING THEM FOR LEADERSHIP IN A DIVERSE AND CHANGING WORLD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3241 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 2286642 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -19615 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 45172179 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 52588567 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 124138302 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 128299218 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 93499373 | InvestmentIncomePriorYear |
| Investment Income Current Year | 105543462 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 10774869 | OtherRevenuePriorYear |
| Other Revenue Current Year | 8941912 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 273584723 | TotalRevenuePriorYear |
| Total Revenue Current Year | 295373159 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 48533167 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 50824455 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 122104278 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 119227981 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 11380443 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 108669018 | OtherExpensePriorYear |
| Other Expenses Current Year | 76511336 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 279306463 | TotalExpensesPriorYear |
| Total Expenses Current Year | 246563772 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5721740 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 48809387 | RevenuesLessExpensesCY |
| Total Assets BOY | 2046260208 | TotalAssetsBOY |
| Total Assets EOY | 2147932564 | TotalAssetsEOY |
| Total Liabilities BOY | 386815693 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 364439842 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1659444515 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1783492722 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 153591492 | Expense |
| Grants | 0 | Grants |
| Revenue | 122482988 | Revenue |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 52856510 | Expense |
| Grants | 50824455 | Grants |
| Revenue | 0 | Revenue |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11694323 | Expense |
| Grants | 0 | Grants |
| Revenue | 11694323 | Revenue |
| Description | 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 218142325 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 613 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3241 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | IT | NameOfForeignCountry |
| Name Of Foreign Country | MX | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BEN HAMMOND | NamePerson |
| Telephone Number | 7812831000 | TelephoneNumber |
Address US AddressUS
| 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 Form990PartVIISectionA (51 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| LAURA DAIGNAULT GATES | ||||||||
| CHAIR | 12.0 | X | 0 | 0 | 0 | |||
| SIDNEY R KNAFEL | ||||||||
| VICE CHAIR | 10.0 | X | 0 | 0 | 0 | |||
| SHELLY ANAND | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KENNETH G BARTELS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| M AMY BATCHELOR | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| RUTH J CHANG | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| ALISON LI CHUNG | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| ALICIA M COONEY | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DEBORA DE HOYOS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KRISTINE HOLLAND DE JUNIAC | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ALECIA A DECOUDREAUX | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| THOMAS E FAUST JR | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| SANDRA POLK GUTHMAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JUDITH B HALE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MARYAM HOMAYOUN-EISLER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DOROTHY CHAO JENKINS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LYNN DIXON JOHNSTON | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| WILLIAM S KAISER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KATHERINE STONE KAUFMANN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| STEPHEN W KIDDER | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| JAMES T KLOPPENBERG | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ELLEN GOLDBERG LUGER | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| LAURA RUSSELL MALKIN | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| ELLEN R MARRAM | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| PAMELA A MELROY | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| IOANNIS MIAOULIS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| NAMI PARK | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ELIZABETH STRAUSS PFORZHEIMER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| SUSAN L WAGNER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MARY H WHITE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| PATRICIA J WILLIAMS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BUNNY WINTER | ||||||||
| TRUSTEE | 3.0 | X | 0 | 0 | 0 | |||
| KAREN E WILLIAMSON | ||||||||
| EX OFFICIO TRUSTEE(PRES.WCAA) | 2.0 | X | 0 | 0 | 0 | |||
| H KIM BOTTOMLY | ||||||||
| PRESIDENT | 60.0 | 469634 | 0 | 110732 | X | |||
| ANDREW B EVANS | ||||||||
| VP FOR FINANCE&TREASURER | 60.0 | 302449 | 0 | 47956 | X | |||
| DEBORAH F KUENSTNER | ||||||||
| CHIEF INVESTMENT OFFICER | 60.0 | 633662 | 0 | 32993 | X | |||
| CAMERAN M MASON | ||||||||
| VP FOR RESOURCES&PUB.AFF. | 60.0 | 267757 | 0 | 48159 | X | |||
| ANDREW SHENNAN | ||||||||
| PROVOST&DEAN OF COLLEGE | 60.0 | 288951 | 0 | 67737 | X | |||
| KATHLEEN R BROWN | ||||||||
| DIRECTOR - INVESTMENTS | 60.0 | 407915 | 0 | 41831 | X | |||
| DEBRA S DEMEIS | ||||||||
| DEAN OF STUDENTS | 60.0 | 191523 | 0 | 67061 | X | |||
| JENNIFER C DESJARLAIS | ||||||||
| DEAN-ADM.&STUD.FIN.SVCS. | 60.0 | 182557 | 0 | 29301 | X | |||
| RICHARD G FRENCH | ||||||||
| DEAN OF ACADEMIC AFFAIRS | 60.0 | 238498 | 0 | 45871 | X | |||
| KATHRYN LYNCH | ||||||||
| DEAN OF FACULTY | 60.0 | 211497 | 0 | 42730 | X | |||
| DONNA NG | ||||||||
| ASSOC.VP-FIN.&ASSOC. PROVOST | 60.0 | 206436 | 0 | 56429 | X | |||
| RAY OQUENDO | ||||||||
| DIR-INVESTMENT OPERATIONS | 60.0 | 357023 | 0 | 50288 | X | |||
| LOUIS E SOUSA | ||||||||
| DIRECTOR - INVESTMENTS | 60.0 | 269157 | 0 | 44733 | X | |||
| GANESAN RAVISHANKER | ||||||||
| CHIEF INFO.OFFICER&ASSOC.DEAN | 60.0 | 266252 | 0 | 33127 | X | |||
| VANESSA BRITTO | ||||||||
| CLINICAL DIR-HEALTH SVCS | 60.0 | 208724 | 0 | 26230 | X | |||
| FRANK BIDART | ||||||||
| PROFESSOR OF ENGLISH | 60.0 | 206125 | 0 | 24278 | X | |||
| EDWARD HOBBS | ||||||||
| PROFESSOR OF RELIGION | 60.0 | 199079 | 0 | 45783 | X | |||
| FREDERIC SCHULTZ | ||||||||
| PROFESSOR OF MATHEMATICS | 60.0 | 194529 | 0 | 39233 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5101768 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 854472 | TotalOtherCompensation |
| Number Individuals GT100 K | 252 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| EDUCATORS HEALTH LLC | |||||
| 123 INTERSTATE DRIVE | WEST SPRINGFIELD | MA | 01089 | HEALTH INSURANCE | 1074026 |
| GUND PARTNERSHIP | |||||
| 47 THORNDIKE STREET | CAMBRIDGE | MA | 02141 | ARCHITECT SVCS. | 712854 |
| ROPES GRAY | |||||
| ONE INTERNATIONAL PLACE | BOSTON | MA | 02110 | LEGAL FEES | 558311 |
| KLIMENT HALSBAND ARCHITECTS | |||||
| 322 EIGHTH AVENUE FLOOR 20 | NEW YORK | NY | 10001 | ARCHITECT SVCS. | 589417 |
| CALUMET PRINTING SERVICES | |||||
| 30 CENTRAL STREET SUITE 6 | PEABODY | MA | 01960 | PRINTING SERVICES | 476174 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 4447661 | GovernmentGrants |
| All Other Contributions | 48140906 | AllOtherContributions |
| Noncash Contributions | 5740201 | NoncashContributions |
| Total Contributions | 52588567 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION AND FEES | 900099 | 100075345 | 100075345 |
| STUDENT ROOM AND BOARD | 900099 | 28223873 | 28223873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 128299218 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17572541 | TotalRevenueColumn |
| Unrelated Business Revenue | -777279 | UnrelatedBusinessRevenue |
| Exclusion | $18,349,820 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 102 | TotalRevenueColumn |
| Related Or Exempt Function Income | 102 | RelatedOrExemptFunctionIncome |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 554479000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 466508181 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 87970819 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 87970819 | TotalRevenueColumn |
| Exclusion | $87,970,819 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| WELLESLEY COLLEGE CLUB | 722320 | 1580499 | 572443 | 1008056 |
| AUXILIARY ENTERPRISES | 900099 | 6292932 | 5158222 | 1134710 |
| NEHOIDEN GOLF CLUB | 713990 | 1068481 | 147326 | 921155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 8941912 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 295373159 | TotalRevenueColumn |
| Related Or Exempt Function Income | 134177311 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2286642 | UnrelatedBusinessRevenue |
| Exclusion | $106,320,639 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45143497 | Total |
| Program Services | 45143497 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5680958 | Total |
| Program Services | 5680958 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4027059 | Total |
| Program Services | 3514795 | ProgramServices |
| Management And General | 308925 | ManagementAndGeneral |
| Fundraising | 203339 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92298622 | Total |
| Program Services | 80885639 | ProgramServices |
| Management And General | 6851324 | ManagementAndGeneral |
| Fundraising | 4561659 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2897538 | Total |
| Program Services | 2528955 | ProgramServices |
| Management And General | 222277 | ManagementAndGeneral |
| Fundraising | 146306 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13370548 | Total |
| Program Services | 9307455 | ProgramServices |
| Management And General | 2416029 | ManagementAndGeneral |
| Fundraising | 1647064 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6634214 | Total |
| Program Services | 5790306 | ProgramServices |
| Management And General | 508926 | ManagementAndGeneral |
| Fundraising | 334982 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5837284 | Total |
| Program Services | 5092213 | ProgramServices |
| Management And General | 55863 | ManagementAndGeneral |
| Fundraising | 689208 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 644206 | Total |
| Program Services | 56313 | ProgramServices |
| Management And General | 572834 | ManagementAndGeneral |
| Fundraising | 15059 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194599 | Total |
| Management And General | 194599 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 499924 | Total |
| Management And General | 499924 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9374760 | Total |
| Program Services | 8278239 | ProgramServices |
| Management And General | 99937 | ManagementAndGeneral |
| Fundraising | 996584 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7175873 | Total |
| Program Services | 6674573 | ProgramServices |
| Management And General | 270553 | ManagementAndGeneral |
| Fundraising | 230747 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 536090 | Total |
| Program Services | 496657 | ProgramServices |
| Management And General | 30013 | ManagementAndGeneral |
| Fundraising | 9420 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7240258 | Total |
| Program Services | 6683694 | ProgramServices |
| Management And General | 310619 | ManagementAndGeneral |
| Fundraising | 245945 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3456648 | Total |
| Program Services | 3044844 | ProgramServices |
| Management And General | 201410 | ManagementAndGeneral |
| Fundraising | 210394 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1188125 | Total |
| Program Services | 832486 | ProgramServices |
| Management And General | 223854 | ManagementAndGeneral |
| Fundraising | 131785 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2010728 | Total |
| Program Services | 2010728 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15791595 | Total |
| Program Services | 13365216 | ProgramServices |
| Management And General | 2012323 | ManagementAndGeneral |
| Fundraising | 414056 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1143142 | Total |
| Program Services | 1122994 | ProgramServices |
| Management And General | 9474 | ManagementAndGeneral |
| Fundraising | 10674 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT RENTAL | 5022297 | 4310023 | 669693 | 42581 |
| STUDY AWAY EXPENSES | 3701587 | 3701587 | ||
| PRINTING & PUBLICATIONS | 1496623 | 1223117 | 45438 | 228068 |
| POSTAGE & SHIPPING | 705816 | 448312 | 24971 | 232533 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10491781 | Total |
| Program Services | 7949724 | ProgramServices |
| Management And General | 1512018 | ManagementAndGeneral |
| Fundraising | 1030039 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 246563772 | Total |
| Program Services | 218142325 | ProgramServices |
| Management And General | 17041004 | ManagementAndGeneral |
| Fundraising | 11380443 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40540541 | BOY |
| EOY | 31673700 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57591087 | BOY |
| EOY | 55001250 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50311935 | BOY |
| EOY | 56268226 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 876070 | BOY |
| EOY | 1282312 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1255575 | BOY |
| EOY | 442391 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7359527 | BOY |
| EOY | 8271736 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 711076 | BOY |
| EOY | 725036 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2457662 | BOY |
| EOY | 4540695 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 507011550 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 210739930 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 299703595 | BOY |
| EOY | 296271620 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 723543000 | BOY |
| EOY | 718112000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 860947140 | BOY |
| EOY | 974359598 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 963000 | BOY |
| EOY | 984000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2046260208 | BOY |
| EOY | 2147932564 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87136038 | BOY |
| EOY | 69324925 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5233408 | BOY |
| EOY | 6470299 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3760907 | BOY |
| EOY | 2559823 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142674665 | BOY |
| EOY | 140765059 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106345000 | BOY |
| EOY | 106450000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41665675 | BOY |
| EOY | 38869736 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 386815693 | BOY |
| EOY | 364439842 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 547239507 | BOY |
| EOY | 583366191 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 668932137 | BOY |
| EOY | 745063042 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 443272871 | BOY |
| EOY | 455063489 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1659444515 | BOY |
| EOY | 1783492722 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2046260208 | BOY |
| EOY | 2147932564 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 48809387 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 75238820 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1468582412 | BeginningOfYearBalance |
| Contributions | 13734567 | Contributions |
| Investment Earnings Or Losses | 173944004 | InvestmentEarningsOrLosses |
| Other Expenditures | 79924095 | OtherExpenditures |
| End Of Year Balance | 1576336888 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1523683354 | BeginningOfYearBalance |
| Contributions | 16215989 | Contributions |
| Investment Earnings Or Losses | 7076035 | InvestmentEarningsOrLosses |
| Other Expenditures | 78392966 | OtherExpenditures |
| End Of Year Balance | 1468582412 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1330243938 | BeginningOfYearBalance |
| Contributions | 13374149 | Contributions |
| Investment Earnings Or Losses | 259172062 | InvestmentEarningsOrLosses |
| Other Expenditures | 79106795 | OtherExpenditures |
| End Of Year Balance | 1523683354 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1287284484 | BeginningOfYearBalance |
| Contributions | 13163000 | Contributions |
| Investment Earnings Or Losses | 116408889 | InvestmentEarningsOrLosses |
| Other Expenditures | 86612435 | OtherExpenditures |
| End Of Year Balance | 1330243938 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1629447388 | BeginningOfYearBalance |
| Contributions | 9049117 | Contributions |
| Investment Earnings Or Losses | -270013057 | InvestmentEarningsOrLosses |
| Other Expenditures | 81198964 | OtherExpenditures |
| End Of Year Balance | 1287284484 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.32900 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.27400 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.39700 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 42181663 | OtherCostOrOtherBasis |
| Book Value | 42181663 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 450996587 | OtherCostOrOtherBasis |
| Depreciation | 205321143 | Depreciation |
| Book Value | 245675444 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8676334 | OtherCostOrOtherBasis |
| Depreciation | 5418787 | Depreciation |
| Book Value | 3257547 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5156966 | OtherCostOrOtherBasis |
| Book Value | 5156966 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 296271620 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRIVATE EQUITY | 295908000 | F |
| REAL ASSETS | 242670000 | F |
| ABSOLUTE RETURN | 363757000 | F |
| MISCELLANEOUS OTHER | 27132598 | F |
| RESTRICTED CONSTRUCTION FUNDS | 44892000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 974359598 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIAB.UNDER SECURITIES LENDING | $984,000 |
| GOVERNMENT LOAN ADVANCES | $4,568,996 |
| ANNUITIES&UNITRUSTS PAYABLE | $33,316,740 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 38869736 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 330280118 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 75238820 | NetUnrealizedGainsInvestments |
| Other Revenues | 13990250 | OtherRevenues |
| Revenue Not Rptd F990 | 89229070 | RevenueNotRptdF990 |
| Revenue Subtotal | 241051048 | RevenueSubtotal |
| Investment Expenses Not Included | 3760123 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 50561988 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 54322111 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 295373159 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 206232913 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 13990250 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 13990250 | ExpensesNotRptdF990 |
| Expenses Subtotal | 192242663 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 3760123 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 50560986 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 54321109 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 246563772 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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: $9,952,000; NET GAIN ON INTEREST SWAP: $4,932,000; GIFTS IN-KIND: ($893,750); TOTAL ADJUSTMENT: $13,990,250 |
| OTHER CHANGES IN REVENUE, | PART XI, LINE 4B: | FINANCIAL AID EXPENSE INCLUDING PELL GRANTS: $50,560,970; ROUNDING AMOUNT DUE TO FINANCIAL STATEMENTS SHOWING AMOUNTS TO THE NEAREST THOUSAND DOLLARS: $1,018; TOTAL ADJUSTMENT: $50,561,988 |
| OTHER CHANGES IN EXPENSES, | PART XII, LINE 2B: | MINIMUM PENSION LIABILITY: $9,952,000; NET GAIN ON INTEREST SWAP: $4,932,000; GIFTS IN-KIND: ($893,750); TOTAL ADJUSTMENT: $13,990,250 |
| OTHER CHANGES IN EXPENSES, | PART XII, LINE 4B: | FINANCIAL AID EXPENSE INCLUDING PELL GRANTS: $50,560,970; ROUNDING AMOUNT DUE TO FINANCIAL STATEMENTS SHOWING AMOUNTS TO THE NEAREST THOUSAND DOLLARS: $16; TOTAL ADJUSTMENT: $50,560,986 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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
Accts Actvs Out US Table AcctsActvsOutUSTable (17 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 6 | Program Services | ACAD.PROG.FOR STUDENTS | 1887795 |
| Central America and the Caribbean | 0 | 0 | Program Services | STUDY AWAY TUITION | 35744 |
| East Asia and the Pacific | 0 | 0 | Program Services | STUDY AWAY TUITION | 292906 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | STUDY AWAY TUITION | 1851738 |
| Middle East and North Africa | 0 | 0 | Program Services | STUDY AWAY TUITION | 61700 |
| North America | 0 | 0 | Program Services | STUDY AWAY TUITION | 14900 |
| South America | 0 | 0 | Program Services | STUDY AWAY TUITION | 101330 |
| South Asia | 0 | 0 | Program Services | STUDY AWAY TUITION | 56145 |
| Sub-Saharan Africa | 0 | 0 | Program Services | STUDY AWAY TUITION | 144737 |
| North America | 0 | 0 | Program Services | STUDY AWAY PROGRAM | 227590 |
| Russia and the Newly Independent States | 0 | 0 | Program Services | STUDY AWAY PROGRAM | 42371 |
| Central America and the Caribbean | 0 | 0 | Investments | 297431391 | |
| East Asia and the Pacific | 0 | 0 | Investments | 29194524 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | 127087353 | |
| Middle East and North Africa | 0 | 0 | Investments | 10956008 | |
| North America | 0 | 0 | Investments | 69146715 | |
| South Asia | 0 | 0 | Investments | 11455495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 6 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 6 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 549988442 | SubtotalAmountSpent |
| Total Amount Spent | 549988442 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (17 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|
| INTERNSHIP | Central America and the Caribbean | 2 | 5000 |
| INTERNSHIP | East Asia and the Pacific | 25 | 33500 |
| INTERNSHIP | Europe (Including Iceland and Greenland) | 27 | 212336 |
| INTERNSHIP | Middle East and North Africa | 4 | 25500 |
| INTERNSHIP | North America | 1 | 7500 |
| INTERNSHIP | South America | 2 | 10000 |
| INTERNSHIP | South Asia | 11 | 32500 |
| INTERNSHIP | Sub-Saharan Africa | 20 | 48500 |
| FINANCIAL AID | Central America and the Caribbean | 4 | 190034 |
| FINANCIAL AID | East Asia and the Pacific | 33 | 1148899 |
| FINANCIAL AID | Europe (Including Iceland and Greenland) | 33 | 1458486 |
| FINANCIAL AID | Middle East and North Africa | 5 | 211930 |
| FINANCIAL AID | North America | 15 | 593555 |
| FINANCIAL AID | Russia and the Newly Independent States | 3 | 142457 |
| FINANCIAL AID | South America | 3 | 142751 |
| FINANCIAL AID | South Asia | 13 | 557987 |
| FINANCIAL AID | Sub-Saharan Africa | 16 | 860023 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING USE OF GRANTS FUNDS, | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| 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. 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. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| FINANCIAL AID | 1283 | 44556879 |
| INTERNSHIP | 378 | 586618 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING USE OF GRANT FUNDS, | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | true | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (18 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| H KIM BOTTOMLY | ||||||||||||||
| PRESIDENT | 421880 | 0 | 40000 | 0 | 7754 | 0 | 30848 | 0 | 79884 | 0 | 580366 | 0 | 0 | 0 |
| ANDREW B EVANS | ||||||||||||||
| VP FOR FINANCE&TREASURER | 297452 | 0 | 3000 | 0 | 1997 | 0 | 30848 | 0 | 17108 | 0 | 350405 | 0 | 0 | 0 |
| DEBORAH F KUENSTNER | ||||||||||||||
| CHIEF INVESTMENT OFFICER | 479880 | 0 | 152608 | 0 | 1174 | 0 | 30848 | 0 | 2145 | 0 | 666655 | 0 | 0 | 0 |
| CAMERAN M MASON | ||||||||||||||
| VP FOR RESOURCES&PUB.AFF. | 267383 | 0 | 0 | 0 | 374 | 0 | 30849 | 0 | 17310 | 0 | 315916 | 0 | 0 | 0 |
| ANDREW SHENNAN | ||||||||||||||
| PROVOST&DEAN OF COLLEGE | 258364 | 0 | 30000 | 0 | 587 | 0 | 30848 | 0 | 36889 | 0 | 356688 | 0 | 0 | 0 |
| KATHLEEN R BROWN | ||||||||||||||
| DIRECTOR - INVESTMENTS | 299947 | 0 | 107968 | 0 | 0 | 0 | 30848 | 0 | 10983 | 0 | 449746 | 0 | 0 | 0 |
| DEBRA S DEMEIS | ||||||||||||||
| DEAN OF STUDENTS | 190409 | 0 | 0 | 0 | 1114 | 0 | 23120 | 0 | 43941 | 0 | 258584 | 0 | 0 | 0 |
| JENNIFER C DESJARLAIS | ||||||||||||||
| DEAN-ADM.&STUD.FIN.SVCS. | 182317 | 0 | 0 | 0 | 240 | 0 | 22382 | 0 | 6919 | 0 | 211858 | 0 | 0 | 0 |
| RICHARD G FRENCH | ||||||||||||||
| DEAN OF ACADEMIC AFFAIRS | 237130 | 0 | 0 | 0 | 1368 | 0 | 29721 | 0 | 16150 | 0 | 284369 | 0 | 0 | 0 |
| KATHRYN LYNCH | ||||||||||||||
| DEAN OF FACULTY | 210197 | 0 | 0 | 0 | 1300 | 0 | 26265 | 0 | 16465 | 0 | 254227 | 0 | 0 | 0 |
| DONNA NG | ||||||||||||||
| ASSOC.VP-FIN.&ASSOC. PROVOST | 206140 | 0 | 0 | 0 | 296 | 0 | 26213 | 0 | 30216 | 0 | 262865 | 0 | 0 | 0 |
| RAY OQUENDO | ||||||||||||||
| DIR-INVESTMENT OPERATIONS | 280102 | 0 | 76495 | 0 | 426 | 0 | 30848 | 0 | 19440 | 0 | 407311 | 0 | 0 | 0 |
| LOUIS E SOUSA | ||||||||||||||
| DIRECTOR - INVESTMENTS | 268933 | 0 | 0 | 0 | 224 | 0 | 30848 | 0 | 13885 | 0 | 313890 | 0 | 0 | 0 |
| GANESAN RAVISHANKER | ||||||||||||||
| CHIEF INFO.OFFICER&ASSOC.DEAN | 265326 | 0 | 0 | 0 | 926 | 0 | 30847 | 0 | 2280 | 0 | 299379 | 0 | 0 | 0 |
| VANESSA BRITTO | ||||||||||||||
| CLINICAL DIR-HEALTH SVCS | 205851 | 0 | 2500 | 0 | 373 | 0 | 25356 | 0 | 874 | 0 | 234954 | 0 | 0 | 0 |
| FRANK BIDART | ||||||||||||||
| PROFESSOR OF ENGLISH | 202203 | 0 | 0 | 0 | 3922 | 0 | 23342 | 0 | 936 | 0 | 230403 | 0 | 0 | 0 |
| EDWARD HOBBS | ||||||||||||||
| PROFESSOR OF RELIGION | 195231 | 0 | 0 | 0 | 3848 | 0 | 25017 | 0 | 20766 | 0 | 244862 | 0 | 0 | 0 |
| FREDERIC SCHULTZ | ||||||||||||||
| PROFESSOR OF MATHEMATICS | 192286 | 0 | 0 | 0 | 2243 | 0 | 23968 | 0 | 15265 | 0 | 233762 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| WELLESLEY COLLEGE SERIES I | ||||||||
| A | 042103637 | 57586CP25 | 2008-01-28 | 57385000 | CONSTRUCTION - REFINANCING | false | false | false |
| WELLESLEY COLLEGE SERIES J | ||||||||
| B | 042103637 | 57583UNP9 | 2012-04-01 | 49800000 | CONSTRUCTION - REFINANCING | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 59100349 | 0 | 0 | 32473135 | 530057 | 0 | 0 | 8998334 | 0 | 13006273 | 2010 | true | true | false |
| B | 0 | 0 | 55497618 | 0 | 0 | 53683508 | 497618 | 0 | 0 | 0 | 0 | 0 | true | true | false |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | true | 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 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JP MORGAN | |||||||||||||
| A | false | true | false | false | true | true | 31.44 | false | false | false | 0 | true | true |
| 0 | |||||||||||||
| B | false | true | false | false | false | false | false | 0 | false | true | |||
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | false |
| B | false |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ANDREW SHENNAN | NamePerson |
| Relationship With Organization | OFFICER | RelationshipWithOrganization |
| Purpose Of Loan | MORTGAGE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $598,350 | OriginalPrincipalAmount |
| Balance Due | 442391 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 442391 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 85 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | N/A | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 275 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5739201 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE/FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | BOOKS | 4 | 0 | N/A |
| X | BOOKCASE | 1 | 1000 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FORM 990 REVIEW, | FORM 990, PART VI, SECTION B, 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, SECTION B, 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, SECTION B, 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, SECTION C, 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
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| WELLESLEY COLLEGE ALUMNAE ASSOCIATION | ||
| N | 69456 | FMV |
| WB DAYCARE INC | ||
| N | 211696 | FMV |