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 (2024) reports revenue of $223K, expenses of $401K, total assets of $8.3M. Imperigo tracks 30 reported grant relationships connected to this organization totaling approximately $766K.

EIN: 042392419 WELLESLEY, MA Latest filing: 2024
Total Revenue$223K
Total Expenses$401K
Total Assets$8.3M
Grant Records30
Funding Total$766K
Filing Years2020–2024

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
TRUSTEE Beth Cook
TRUSTEE Chris Cavallerano
TRUSTEE Dan Gross
TRUSTEE David Lussier
TRUSTEE Drew Spangler

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
2024 $223K $401K $8.3M
2023 $377K $452K $7.3M
2022 $458K $398K $6.9M
2021 $250K $376K $8.2M
2020 $-33K $230K $6.7M

Between 2020 and 2024, reported annual revenue moved from $-33K to $223K, with total assets most recently reported at $8.3M.

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

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