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Wellesley College

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042103637 ✦ Wellsley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Wellesley College?

Wellesley College is a reputed educational institution located at 106 Central Street, Wellsley, MA, 02481. Committed to providing a top-tier liberal arts education, the college caters to around 2,300 students with more than 50 departments and interdepartmental majors. The average class size is between 17 and 20 students, ensuring a 7:1 student-faculty ratio for personalized learning. The mission of Wellesley College is to empower women to make a significant impact in the world. The college employs a workforce of over 2,800 individuals, dedicated to delivering an exceptional educational experience.


Official website here: www.wellesley.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

Wellesley College has achieved a perfect score of 100%, reflecting its exceptional performance in accountability and finance. This rating underscores the institution's strong governance practices, highlighted by its independent board composed of 97% members, which indicates a robust oversight mechanism. The college's financial health is solid, with a low liabilities-to-assets ratio and a high percentage of expenses directed toward programs.

The organization demonstrates a commitment to transparency and ethical practices, as evidenced by the presence of comprehensive policies including conflict of interest and whistleblower protections. Wellesley College also meets all requirements for financial documentation, ensuring that stakeholders have access to critical information regarding its operations and fiscal activities.

While the rating is commendable, it is important to consider that this evaluation is primarily focused on financial health and governance rather than programmatic impact. Potential donors and stakeholders may wish to look beyond financial metrics to assess the broader outcomes and effectiveness of the college's educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Wellesley College legitimate?

Wellesley College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,709,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,781,034

For more financial information, click here


Official website here: www.wellesley.edu

What is the mission statement of Wellesley College?

Wellesley College is dedicated to providing an exceptional liberal arts education for women. This commitment extends beyond academics, preparing students for meaningful contributions in their post-college lives. With over 50 major options catering to approximately 2,300 students, the curriculum is broad and intellectually stimulating. Small class sizes, averaging 17 to 20 students, and a student-faculty ratio of 7:1, foster a nurturing learning environment. Wellesley College's mission focuses on ensuring its graduates receive a well-rounded education that equips them to make a difference in the world.


Official website here: www.wellesley.edu

Who is the CEO of Wellesley College?

Paula A Johnson is the President of Wellesley College.


Official website here: www.wellesley.edu

What is the revenue of Wellesley College?

Wellesley College's revenue in 2022 was $474,840,630.


Official website here: www.wellesley.edu

Who are the executives of Wellesley College and what are their salaries?

The average compensation at Wellesley College during 2022 was $39,363. There are 2807 employees at Wellesley College.


Here are 47 key members and their salaries:


Debora De Hoyos (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher T Pasko (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Abbrecht (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth G Bartels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Amy Batchelor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian C Broderick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wood Cantopher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Shen Chao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elyse Cherry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Callie Crossley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ophelia Dahl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Desmond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Frey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Daignault Gates (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Jane Gunter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Haywood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Hernandez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maia Heymann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hollett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Horbach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Saltzbart Kilsby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Koenigsberg Lucas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen R Marram (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth F Mccormack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lia Gelin Poorvu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Shaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Y Toh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tufano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Wagner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvia J Wardlaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula A Johnson (President)
  • Compensation: $635,209
  • Related: $0
  • Other: $129,570
Deborah F Kuenstner (Chief Investment Officer)
  • Compensation: $990,530
  • Related: $0
  • Other: $54,460
Andrew Shennan (Provost And Dean Of College)
  • Compensation: $333,646
  • Related: $0
  • Other: $124,205
Piper Orton (Vp For Fin. & Admin. & Treas.)
  • Compensation: $367,064
  • Related: $0
  • Other: $32,494
Mary Casey (Vp For Development & Pub. Aff.)
  • Compensation: $352,030
  • Related: $0
  • Other: $44,125
Sheilah Horton (Dean Of Students)
  • Compensation: $261,894
  • Related: $0
  • Other: $105,597
Joy St John (Dean-Admiss. & Stu. Fin. Svcs)
  • Compensation: $237,524
  • Related: $0
  • Other: $43,750
Megan Nunez (Dean Of Faculty Affairs)
  • Compensation: $233,034
  • Related: $0
  • Other: $37,848
Michael Jeffries (Dean Of Academic Aff.)
  • Compensation: $217,529
  • Related: $0
  • Other: $35,724
Rose C Carpenter (Managing Director To Deputy Cio)
  • Compensation: $943,912
  • Related: $0
  • Other: $57,804
Ray Oquendo (Chief Operating Officer)
  • Compensation: $813,904
  • Related: $0
  • Other: $56,916
Greg Rozolsky (Investment Director)
  • Compensation: $476,062
  • Related: $0
  • Other: $39,873
Matthew Veileux (Investment Director)
  • Compensation: $395,606
  • Related: $0
  • Other: $29,355
Karen Petrulakis (General Counsel)
  • Compensation: $365,799
  • Related: $0
  • Other: $47,464
Ann Velenchik (Former Dean Of Academic Aff.)
  • Compensation: $215,769
  • Related: $0
  • Other: $35,778


Official website here: www.wellesley.edu

Where can I find the form 990 for Wellesley College?

Wellesley College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellesley.edu

Learn more at the official website: www.wellesley.edu

Mission Statement of Wellesley College

Wellesley College, a prestigious institution dedicated to women's education, is committed to providing an excellent liberal arts education that empowers its students to make a difference in the world. The college's mission reflects its unwavering commitment to intellectual and cultural growth.

Wellesley College stands out for its rigorous academic program, offering over 50 major fields of study to approximately 2,300 students. With an average class size of 17 to 20 students and a student-faculty ratio of 7:1, every Wellesley student receives personalized attention and engagement. The college's curriculum is intellectually broad, ensuring that its graduates are well-equipped for the challenges they will face after college.

At the heart of Wellesley College's mission is the belief that a liberal arts education should prepare its students to contribute meaningfully to society. The college's faculty, comprised of renowned scholars and dedicated educators, are dedicated to fostering critical thinking, creativity, and a lifelong love of learning. In this supportive and challenging academic environment, Wellesley students will develop the knowledge, skills, and confidence to make a significant impact in their chosen fields and communities.

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Impact




October, 2024

Wellesley College profoundly impacts the world by providing an excellent liberal arts education specifically designed for women who aspire to make a difference. With a robust commitment to an intellectually and culturally broad curriculum, Wellesley prepares its approximately 2,300 students for successful futures. The college offers over 50 departmental and interdepartmental majors, fostering a diverse academic environment. With an average class size of 17 to 20 students and a 7:1 student-faculty ratio, Wellesley ensures personalized attention and mentorship, empowering students to explore their potential fully and engage meaningfully with their education. The institution not only shapes individual careers but also cultivates leaders capable of contributing to society in significant ways.




This information is meant to be a general summary of Wellesley College. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$474,840,630 (2022)
Expenses
$347,192,022 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $218,304,861
  • Program Service Revenue: $184,443,403
  • Gross Receipts: $599,365,522

Assets and Liabilities:

  • Total Assets: $3,730,562,132
  • Total Liabilities: $629,282,773
  • Net Assets: $3,101,279,359

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT TUITION AND FEES

Revenue

$142,966,129

STUDENT ROOM AND BOARD

Revenue

$39,948,036

WELLESLEY CENTER FOR WOMEN

Revenue

$1,529,238

Organization Details

Founding Year

1870

Principal Officer

Paula A Johnson

Main Address

106 CENTRAL STREET, WELLSLEY, MA, 024818203

NTEE Category

Code: B420 - Education

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