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.
Key facts about Wellesley Students' Aid Society
In short: Wellesley Students' Aid Society gave $760K across 1 grant in 2025 (avg $760K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- EIN
- 04-2152598
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $760,000
- Grants made (2025)
- 1
- Average grant
- $760,000
- Median grant
- $760,000
- Total assets
- $53,434,224
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$53.4M
+8.6% YoY
Annual Giving
$760K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$760K
+0.0% YoY
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.
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
Ready to take the next step with Wellesley Students' Aid Society?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
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.
Grant Insights
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%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wellesley College Wellesley, MA | Scholarships | $760,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $53,434,224 | $49,187,916 | $44,437,094 |
| Revenue | $1,779,950 | $1,494,122 | $559,703 |
| Expenses | $1,848,160 | $1,772,756 | $1,550,007 |
| Net Investment Income | $1,202,155 | $768,225 | $8,019 |
Data update history
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
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.
Here's the math on researching Wellesley Students' Aid Society by hand.
Explore Open Grants
Browse active grant opportunities in Wellesley Students' Aid Society's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Schimberg Family Charitable Foundation
Cincinnati, OH
Assets
—
Grants
2
Total Given
$761K
Sentry Insurance Foundation Inc
Stevens Point, WI
The foundation supports education, workforce development, United Way, and local organizations that improve quality of life and build equitable communities, especially in Wisconsin and Hawaii, including Maui. Its 2024 grants had a median of $1,500, though awards ranged widely; it accepts requests by letter to Sentry Insurance stating the organization’s purpose and requested amount.
Assets
$9.9M
Grants
271
Total Given
$7.3M
Tr Uw G Gorham Peters
Boston, MA
The foundation supports Massachusetts charitable organizations, including hospitals, health-related groups, and community-serving nonprofits. Its 2025 grants ranged from $20,000 to $120,000, with a median of $55,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$12.3M
Grants
21
Total Given
$1.4M
Hawkes Scholarship Fund
Brooklyn, OH
The Hawkes Scholarship Fund supports first-year college scholarships, awarding $2,500–$10,000 per grant, typically about $6,250. Recent grants went primarily to recipients in Maine, with others in Indiana, Massachusetts, and New York. Its 2024 filing describes written scholarship requests with educational information; it does not specify whether unsolicited requests are accepted.
Assets
$1.4M
Grants
10
Total Given
$65K
The Reamer Family Foundation
Boston, MA
The Reamer Family Foundation supports organizations working in education and research, healthcare, arts, heritage, environmental protection, and food access. Its 2025 grants ranged from $500 to $53,000, with a median of $2,000, and went to organizations in Massachusetts, New York, Rhode Island, and Pennsylvania. It funds only preselected charities and does not accept unsolicited requests.
Assets
$13K
Grants
28
Total Given
$158K
Aerojet Rocketdyne Foundation
Melbourne, FL
Assets
—
Grants
13
Total Given
$219K
The Melly Foundation
Sarasota, FL
The Melly Foundation supports preselected 501(c)(3) organizations through general, unrestricted grants across varied charitable missions. In 2025, it awarded 49 grants ranging from $100 to $123,563, with a median of $2,500; recipients were primarily in Florida, New York, Connecticut, Massachusetts, and Virginia. It does not accept unsolicited funding requests.
Assets
$23.7M
Grants
49
Total Given
$1.1M
Harlyn Foundation Inc
New York, NY
Assets
$143K
Grants
2
Total Given
$10K
Ewing Marion Kauffman Foundation
Kansas City, MO
The foundation funds college access and completion, workforce and career development, entrepreneurship, and related efforts to improve economic mobility, with a primary focus on Kansas City and support for regional and national work. Its 2024 grants had a median of $75,000; it accepts requests through its online portal and says it does not limit giving to preselected organizations.
Assets
$2.5B
Grants
364
Total Given
$95.0M
Om and Saraswati Bahethi Foundation USA Inc
Vienna, VA
The foundation funds scholarships for gifted students pursuing postsecondary STEM studies and science and math education programs at qualifying institutions. Its 2024 grants ranged from $750 to $12,192, with a median of $2,000, and went mainly to organizations in Virginia, with grants also reaching several other states. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$483K
Grants
16
Total Given
$56K
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
James and Cecilia TSE Ying Foundation
Reno, NV
The James and Cecilia Tse Ying Foundation supports food assistance, religious services, youth and community programs, public communication, and education, with recent grants concentrated in Nevada and Hawaii and also reaching other states. Its 2025 grants ranged from $100 to $100,000, with a median of $7,500. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$1.6M
Grants
10
Total Given
$231K
More Funders in Massachusetts
Wellesley Students' Aid Society down — hundreds of funders to go?