Public Charity

WELLESLEY SCHOLARSHIP FOUNDATION INC

WELLESLEY SCHOLARSHIP FOUNDATION INC is a nonprofit organization categorized as Public Charity based in WELLESLEY, MA. Its most recent IRS filing (2025) reports revenue of $339K, expenses of $437K, total assets of $9.2M. Imperigo tracks 30 reported grant relationships connected to this organization totaling approximately $766K.

EIN: 042392419 WELLESLEY, MA Latest filing: 2025
Total Revenue$339K
Total Expenses$437K
Total Assets$9.2M
Grant Records30
Funding Total$766K
Filing Years2021–2025

Mission

TO PROVIDE NEED-BASED AND MERIT SCHOLARSHIPS TO RESIDENTS OF WELLESLEY AND NEED-BASED SCHOLARSHIPS TO NON-RESIDENTS WHO GRADUATED FROM WELLELSEY HIGH SCHOOL.

Officers & Directors

TRUSTEE Adrian Wong
SCHOLARSHIP CHAIR Beth Cook
TRUSTEE Chris Cavallerano
TRUSTEE David Lussier
INVESTMENT CHAIR Drew Spangler
TRUSTEE Eunice Groark

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PROVIDE COLLEGE SCHOLARSHIPS TO DESERVING STUDENTS WHO ARE RESIDENTS OF THE TOWN OF WELLESLEY
$324,300 1 grant
For grant recipient's exempt purposes
$148,510 9 grants
EDUCATION
$66,050 7 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$43,500 2 grants
For recipient's exempt purpose
$36,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $339K $437K $9.2M
2024 $223K $401K $8.3M
2023 $377K $452K $7.3M
2022 $458K $398K $6.9M
2021 $250K $376K $8.2M

Between 2021 and 2025, reported annual revenue grew from $250K to $339K (+35%), with total assets most recently reported at $9.2M.

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

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