Wellesley Scholarship Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042392419 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

Overview

What is Wellesley Scholarship Foundation Inc?

Wellesley Scholarship Foundation Inc is a nonprofit organization situated in Wellesley, Massachusetts. Their primary mission is to grant merit and need-based scholarships to residents of Wellesley, as well as to non-residents who are graduates of Wellesley High School, for their post-secondary education. They offer financial assistance to these students, aiming to alleviate some of the financial burden associated with higher education. Their activities are centered around providing scholarships, contributing to the educational pursuits of young individuals from their community and beyond.


Official website here: www.wellesleyscholarshipfoundation.org

Is Wellesley Scholarship Foundation Inc legitimate?

Wellesley Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley Scholarship Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wellesleyscholarshipfoundation.org

What is the mission statement of Wellesley Scholarship Foundation Inc?

The Wellesley Scholarship Foundation Inc's mission is centered around providing financial assistance to post-secondary students. Specifically, they offer merit and need-based scholarships to students residing in Wellesley, as well as to non-resident graduates of Wellesley High School, to support their higher education. This foundation aims to empower these students by easing the financial burden associated with post-secondary education. Their activities primarily revolve around granting scholarships to eligible individuals, thereby enabling them to pursue their academic goals.


Official website here: www.wellesleyscholarshipfoundation.org

Who is the CEO of Wellesley Scholarship Foundation Inc?

Niki Brinkman-Ofenloch is the Trustee of Wellesley Scholarship Foundation Inc.


Official website here: www.wellesleyscholarshipfoundation.org

What is the revenue of Wellesley Scholarship Foundation Inc?

Wellesley Scholarship Foundation Inc's revenue in 2022 was $458,040.


Official website here: www.wellesleyscholarshipfoundation.org

Who are the executives of Wellesley Scholarship Foundation Inc and what are their salaries?

Here are 27 key members and their salaries:

    Allison Sunny Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Marie Gross (Co-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Boyce (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Cavallerano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Chisum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Koeninger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Skelly (Co-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelty Whitworth White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Chow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nora Tracy Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Cory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Pedersen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Clapham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Braatz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Niki Brinkman-Ofenloch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Concetta Connie Burton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sabreena Kropp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ildi Nielsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mason Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nerine Warasta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lussier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wellesleyscholarshipfoundation.org

    Where can I find the form 990 for Wellesley Scholarship Foundation Inc?

    The Wellesley Scholarship Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wellesleyscholarshipfoundation.org

    Learn more at the official website: www.wellesleyscholarshipfoundation.org

    Mission Statement of Wellesley Scholarship Foundation Inc

    The Wellesley Scholarship Foundation Inc is committed to providing financial assistance to post-secondary students. Its mission is twofold: firstly, it offers merit and need-based scholarships to students residing in Wellesley. Secondly, it extends this generosity to non-residents of Wellesley who have graduated from Wellesley High School, also seeking higher education. By granting these scholarships, the Wellesley Scholarship Foundation Inc aims to support the educational pursuits of these students, thereby empowering them to reach their full potential.

    Impact

    This information is meant to be a general summary of Wellesley Scholarship Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Wellesley Scholarship Foundation Inc's impact is felt through the provision of merit and need-based scholarships to post-secondary students from Wellesley. By supporting residents of Wellesley and graduates of Wellesley High School, the foundation ensures that these individuals have access to financial assistance for pursuing higher education. This assistance plays a crucial role in enabling students to achieve their academic and career goals, ultimately contributing to the growth and success of individuals within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $253,418
  • Program Service Revenue: $0
  • Gross Receipts: $458,040

    • Assets and Liabilities:
  • Total Assets: $6,869,832
  • Total Liabilities: $396,950
  • Net Assets: $6,472,882
  • Organization Details

    Founding Year

    1951

    Principal Officer

    Niki Brinkman-Ofenloch

    Main Address

    PO BOX 81207, WELLESLEY, MA, 02481

    NTEE Category

    Code: B82 - Education

    If you are a representative of Wellesley Scholarship Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.