The Wellesley Free Library

WELLESLEY, MA EIN: 26-3194155 Website

TO ENRICH, NOT REPLACE, TRADITIONAL TAX-BASED SUPPORT FOR THE LIBRARY THROUGH GIFTS, GRANTS, AND BEQUESTS FROM INDIVIDUALS AND ORGANIZATIONS, WHILE REINFORCING THE NEED FOR CONTINUED AND INCREASED PUBLIC SUPPORT FOR THE LIBRARY.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$7.8M

+9.8% YoY

Annual Giving

$239K

-35.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$239K

-35.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$403K$807K$1M$2M202020212022202320242025
Metric202520242023
Total Assets$7,766,428$7,071,783$6,745,076
Revenue$1,056,610$707,548$523,014
Expenses$479,071$673,896$518,971
Qualifying Distributions
Net Investment Income$604,878$328,115$304,205
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$211K$422K$633K$844K0 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

WELLESLEY FREE LIBRARY$239K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Wellesley Free Library fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
KEITH HIGGINSPRESIDENT8
MARK GROVERTREASURER8
AMIEE MUNROCLERK8
ALEXA PLENGECHAIR - FINANCE COMM8
LAUREL LYLECHAIR - DEVELOPMENT8
CATHERINE BUEKERCHAIR - GOVERNANCE2
CAROL CARLSONDIRECTOR2
MOLLY MANNINGDIRECTOR2
CHRISSIE LAWRENCEDIRECTOR2
NORA PHILLIPSDIRECTOR2
TERENCE CONDRENDIRECTOR2
STEPAHNIE COUGHLANDIRECTOR2
NORM BOUCHERDIRECTOR2
LUISA HUNNEWELLDIRECTOR2
TRIPP SHEEHANDIRECTOR2
NORM BOUCHERDIRECTOR2
KARA REINHARDT BLOCKASSISTANT TREASURER2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Wellesley

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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