WELLESLEY COLLEGE Charity Report

Public IRS 990 nonprofit record

WELLESLEY COLLEGE

EIN 04-2103637 · Education (B420)

What they do

to PROVIDE AN EXCELLENT LIBERAL ARTS EDUCATION for WOMEN WHO WILL MAKE A DIFFERENCE IN THE WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders50 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

59.33%of revenue went to mission work77.2% of expenses · Program services

1.96%of revenue went to fundraising2.5% of expenses

$76.90spent for every $100 of revenueRevenue covered expenses this year.

15.61%of revenue went to management and office costs20.3% of expenses

$11.24in assets for every $1 spent this yearSome assets cannot be spent right away.

20.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,863,837 for DEBORAH F KUENSTNER (CHIEF INVESTMENT OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$486,737,193

Mission workProgram services$288,788,87159.33% of revenue77.2% of expenses

ManagementOffice and general costs$76,001,96115.61% of revenue20.3% of expenses

FundraisingAsking for donations$9,527,1941.96% of revenue2.5% of expenses

Revenue left after expensesReported annual surplus$112,419,16723.10% of revenueShown in gray on the chart

Total expenses$374,318,02676.90% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.2% mission · 20.3% management · 2.5% fundraisingTotal expenses: 76.90% of revenue

2023Expense mix: 76.8% mission · 20.9% management · 2.3% fundraisingTotal expenses: 95.42% of revenue

2022Expense mix: 78.5% mission · 19.3% management · 2.2% fundraisingTotal expenses: 88.37% of revenue

2021Expense mix: 76.3% mission · 21.2% management · 2.5% fundraisingTotal expenses: 73.12% of revenue

2020Expense mix: 75.1% mission · 22.5% management · 2.4% fundraisingTotal expenses: 62.74% of revenue

2019Expense mix: 77.3% mission · 20.0% management · 2.7% fundraisingTotal expenses: 91.19% of revenue

2018Expense mix: 81.7% mission · 14.2% management · 4.1% fundraisingTotal expenses: 88.88% of revenue

2017Expense mix: 87.1% mission · 6.6% management · 6.3% fundraisingTotal expenses: 116.45% of revenue

Money in and money out

Revenue$486,737,193

Expenses$374,318,026

Annual surplus $112,419,167 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$288,788,871 · 77.2% of expenses

Management and office costs$76,001,961 · 20.3% of expenses

Fundraising$9,527,194 · 2.5% of expenses

See all reported dollar amounts

Revenue$486,737,193

Expenses$374,318,026

Assets$4,206,499,425

Income$625,057,236

Contributions$98,926,717

Mission work (program services)$288,788,871

Fundraising$9,527,194

Management and general$76,001,961

Stocks and bonds$1,168,526,000

Accounting fees$656,386

Investing fees$7,745,090

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DEBORAH F KUENSTNERCHIEF INVESTMENT OFFICER · 60 hrs/week $1,863,837Base $1,797,310 · Other $66,527

PAULA A JOHNSONPRESIDENT · 70 hrs/week $1,364,215Base $1,201,442 · Other $162,773

ROSE C CARPENTERDEPUTY CIO · 60 hrs/week $1,200,520Base $1,026,440 · Other $174,080

RAY OQUENDOCHIEF OPERATING OFFICER · 60 hrs/week $1,027,967Base $957,910 · Other $70,057

MATTHEW VEILLEUXINVESTMENT DIRECTOR · 60 hrs/week $589,727Base $508,384 · Other $81,343

PIPER ORTONVP FOR FIN. & ADMIN. & TREAS. · 60 hrs/week $524,070Base $476,000 · Other $48,070

KAREN PETRULAKISGENERAL COUNSEL · 60 hrs/week $510,821Base $441,570 · Other $69,251

CHRISTOPHER PARKERINVESTMENT DIRECTOR · 60 hrs/week $497,755Base $404,265 · Other $93,490

ANDREW SHENNANPROVOST AND DEAN OF COLLEGE (UNTIL 6/24) · 30 hrs/week $472,294Base $413,832 · Other $58,462

SHEILAH HORTONDEAN OF STUDENTS · 60 hrs/week $453,411Base $327,852 · Other $125,559

CRYSTAL DAUGHERTYVP FOR DEVELOPMENT & PUB. AFF. (UNTIL 10/24) · 60 hrs/week $432,198Base $410,993 · Other $21,205

MEGAN NUNEZDEAN OF FACULTY AFFAIRS · 60 hrs/week $401,893Base $277,921 · Other $123,972

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (50)

DEBORAH F KUENSTNERCHIEF INVESTMENT OFFICER

PAULA A JOHNSONPRESIDENT

ROSE C CARPENTERDEPUTY CIO

RAY OQUENDOCHIEF OPERATING OFFICER

MATTHEW VEILLEUXINVESTMENT DIRECTOR

PIPER ORTONVP FOR FIN. & ADMIN. & TREAS.

KAREN PETRULAKISGENERAL COUNSEL

CHRISTOPHER PARKERINVESTMENT DIRECTOR

ANDREW SHENNANPROVOST AND DEAN OF COLLEGE (UNTIL 6/24)

SHEILAH HORTONDEAN OF STUDENTS

CRYSTAL DAUGHERTYVP FOR DEVELOPMENT & PUB. AFF. (UNTIL 10/24)

MEGAN NUNEZDEAN OF FACULTY AFFAIRS

MICHAEL JEFFRIESDEAN OF ACADEMIC AFF.

THERESA PEACHES VALDESDEAN OF ADMISSION & STU. FIN. SVCS

COURTNEY COILEPROVOST AND DEAN OF COLLEGE (AS OF 7/24)

ANN VELENCHIKFORMER DEAN OF ACADEMIC AFF.

MARISA JAFFEVP FOR DEVELOPMENT & PUB. AFF.

PETER TUFANOTRUSTEE

VIVIAN KAOTRUSTEE

PATRICK LEETRUSTEE

TATIANA IVY MOISETRUSTEE

PAULINA PONCE DE LEN BARIDTRUSTEE

SUZANNE FREYTRUSTEE

STEPHANIE HSIEHTRUSTEE (AS OF 7/24)

SUSAN SALTZBART KILSBYTRUSTEE

SUSAN KOENIGSBERG LUCASTRUSTEE

SANDRA HORBACHTRUSTEE

SARAH JANE GUNTERVICE CHAIR

SUSAN HARMONTRUSTEE (AS OF 7/24)

SOPHIA SHAWTRUSTEE

DOUGLAS W HOLLETTTRUSTEE

ANNE SHEN CHAOTRUSTEE

BETH C FRIEDMANTRUSTEE

BRIAN C BRODERICKTRUSTEE

CALLIE CROSSLEYTRUSTEE

CHERYL JENKINS HAYWOODTRUSTEE

CHRISTOPHER T PASKOVICE CHAIR

DEBORA HOYOSCHAIR

DENA BORONKAY RASHESTRUSTEE (AS OF 7/24)

DOLORES L ARREDONDOTRUSTEE

OPHELIA DAHLTRUSTEE

ELIZABETH DESMONDTRUSTEE

ELIZABETH F MCCORMACKTRUSTEE

ELYSE CHERRYTRUSTEE

JENNIFER EPLETT REILLYTRUSTEE (AS OF 7/24)

JENNIFER M SMITHTRUSTEE

JULIE H JONESTRUSTEE

MAIA HEYMANNTRUSTEE

MARTHA GOLDBERG ARONSONTRUSTEE

MARY ANN TSAOTRUSTEE

About this charity

Recognized since: January 1946
Location: 106 CENTRAL ST, WELLESLEY, MA 02481-8203
County: Norfolk
In care of: % PIPER ORTON
Primary officer: PAULA A JOHNSON, President

How to reach them

WebsiteVisit the charity’s website Phone(781) 283-1000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Education (B420)

WELLESLEY COLLEGE

WELLESLEY COLLEGE

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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