Wellesley Students' Aid Society
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.
Wellesley Students' Aid Society at a glance
In short: Wellesley Students' Aid Society gave $760K across 1 grant in 2025 (avg $760K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $760,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $760,000
- +0.0% vs 2024
- Median grant
- $760,000
- Total assets
- $53,434,224
- +8.6% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Wellesley Students' Aid Society funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Wellesley College ($760K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Wellesley Students' Aid Society gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $600K (2021) to $760K (2025). In 2025 it made 1 grant totaling $760K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wellesley College Wellesley, MA | Scholarships | $760,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $53,434,224 | $1,779,950 | $1,848,160 | $760,000 | 1 | $1,202,155 |
| 2024 | $49,187,916 | $1,494,122 | $1,772,756 | $760,000 | 1 | $768,225 |
| 2023 | $44,437,094 | $559,703 | $1,550,007 | $760,000 | 1 | $8,019 |
| 2022 | $41,290,339 | $3,253,513 | $1,567,395 | $680,000 | 1 | $2,078,056 |
| 2021 | $47,178,569 | $13,651,652 | $1,564,708 | $600,000 | 1 | $13,097,316 |
About Wellesley Students' Aid Society
Based on IRS filings
Wellesley Students' Aid Society is a public charity focused on Education, based in Wellesley, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $53.4M in total assets. In 2025, it awarded 1 grant totaling $760K. Net investment income was $1.2M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Wellesley Students' Aid Society is led by Catherine Kefalas, Executive Director on every filing since 2023; none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Catherine Kefalas
Executive Director
On filings since 2023
35 hrs/week
$121K (2023) → $0 (2025)
Jamie Sabino
President
On filings since 2021
2 hrs/week
No compensation reported
Anhar Mulla
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Beth Bernhardt
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Heather Kispert Hagerty
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Stanley Chang
Director
Faculty Representative → Director, 2023
On filings since 2022
0.5 hrs/week
No compensation reported
Esther Han Silver
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Rachel Lam
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Tess Mattern
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Esther Chung
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Lauren Brignone
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Michelle Cobb Dowling
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Tracy Bowen Bell
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Dana Sundblad
Vice President
Secretary → Vice President, 2025
On filings since 2022
1 hr/week
No compensation reported
Anna Ehrlich
Secretary
Director → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Denise Robbi
Treasurer
Vice President → Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (18)
- Former: Tanya M. Roy (2021–2024) — Treasurer
- Former: Michelle Shelley Dowling Cobb (2023–2024) — Director
- Former: Raja Ashraf (2023–2024) — Director
- Former: Keertana Anandraj (2024) — Director
- Former: Denise Robbi-Arena (2021–2023) — Vice President
- Former: Irene Mata (2022–2023) — Director
- Former: Eileen Crehan (2023) — Director
- Former: Ann-Marie Lawlor (2021–2022) — Director
- Former: Estefania Lamas-Hernandez (2021–2022) — Secretary
- Former: Malika Jeffries (2021–2022) — Director
- Former: Michelle Gillett (2021–2022) — Director
- Former: Milena Mareva (2021–2022) — Director
- Former: Erin Konkle (2022) — Staff Representative
- Former: Gail Rock Townsend (2021) — Director
- Former: Joy Renjilian-Burgy (2021) — Director
- Former: Lilly Marcelin (2021) — Director
- Former: Susan Cohen (2021) — Director
- Former: Teresita Ramos (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $121K, to Catherine Kefalas (Executive Director).
Frequently asked questions about Wellesley Students' Aid Society
How much does Wellesley Students' Aid Society give each year?
Wellesley Students' Aid Society gave $760K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $760K across 1 grant.
How large is Wellesley Students' Aid Society?
Wellesley Students' Aid Society reported $53.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.
What is Wellesley Students' Aid Society?
Wellesley Students' Aid Society is a public charity focused on Education, based in Wellesley, MA. It holds $53.4M in total assets as of 2025.
Where does Wellesley Students' Aid Society operate?
Wellesley Students' Aid Society has awarded grants in Massachusetts.
What is Wellesley Students' Aid Society's EIN?
Wellesley Students' Aid Society's EIN (Employer Identification Number) is 04-2152598. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Wellesley Students' Aid Society funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Wellesley Students' Aid Society's focus areas in our free grants database
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