Public Charity

WELLESLEY STUDENTS' AID SOCIETY INC

WELLESLEY STUDENTS' AID SOCIETY INC is a Public Charity headquartered in WELLESLEY, MA. Financial data from the 2024 filing: $1.5M revenue, $1.8M expenses, $49.2M total assets. 25 publicly reported grants to this organization, totaling roughly $539K, appear in IRS filings.

EIN: 042152598 WELLESLEY, MA Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.8M
Total Assets$49.2M
Grant Records25
Funding Total$539K
Filing Years2019–2024

Mission

THE WELLESLEY STUDENTS' AID SOCIETY, INC. IS AN ORGANIZATION DEDICATED TO PROVIDING FINANCIAL AND PERSONAL SUPPORT TO STUDENTS OF WELLESLEY COLLEGE. STUDENTS RECEIVE AID IN MANY WAYS, FROM TUITION GRANTS AND LOANS ADMINISTERED BY STUDENT FINANCIAL SERVICES, TO EMERGENCY AID, AMAZON.COM GIFT CARDS, SHORT-TERM LOANS AND SENIOR GIFTS THAT ARE DISTRIBUTED DIRECTLY TO STUDENTS WHEN THEY COME TO THE STUDENTS' AID SOCIETY OFFICE. FLEXIBILITY ENABLES THE SOCIETY TO RESPOND TO STUDENTS' NEEDS AS THEY CHANGE OVER THE YEARS.

Officers & Directors

DIRECTOR Anhar Mulla
DIRECTOR Anna Ehrlich
DIRECTOR Beth Bernhardt
EXECUTIVE DIRECTOR Catherine Kefalas
SECRETARY Dana Sundblad
VICE PRESIDENT Denise Robbi

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$329,702 9 grants
EDUCATION
$134,350 8 grants
GENERAL SUPPORT
$39,305 4 grants
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$16,650 1 grant
Unrestricted
$12,515 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.8M $49.2M
2023 $560K $1.6M $44.4M
2021 $13.7M $1.6M $47.2M
2020 $2.6M $1.4M $37.4M
2019 $2.0M $1.3M $37.9M

Between 2019 and 2024, reported annual revenue declined from $2.0M to $1.5M (-26%), with total assets most recently reported at $49.2M.

Interactive year-over-year charts and full filing details available with membership.

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