2022-05-13T16:01:31-05:00 2021-06-30 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2020-07-01 610444650 BEREA COLLEGE BERE 8599853082 LINCOLN HALL 220 BEREA KY 40404 JEFFREY S AMBURGEY VICE PRESIDENT FOR FINANCE 2022-05-13 true JEFFREY S AMBURGEY 999009999 Rachel Spurlock P00520729 5023263996 2020 2022-09-23 18:48:47Z JEFFREY S AMBURGEY LINCOLN HALL 220 BEREA KY 40404 453440409 false X WWW.BEREA.EDU X 1855 KY POST-SECONDARY EDUCATIONAL INSTITUTION PROVIDING INSTRUCTION AND OTHER SERVICES TO STUDENTS. 36 34 1101 330 272508 0 108875031 100393549 18105058 14270123 73646124 67124670 4575874 1502000 205202087 183290342 6959915 7364057 0 64754551 67209134 496661 503932 6676258 70523018 65460673 142734145 140537796 62467942 42752546 1637313850 2041975072 70468425 125747845 1566845425 1916227227 X BEREA COLLEGE SEEKS TO TRANSFORM THE LIVES OF ITS STUDENTS AND THEIR FAMILIES BY ADMITTING ACADEMICALLY PROMISING STUDENTS FROM LOW-INCOME FAMILIES. CORE TO ITS MISSION OF TRANSFORMING LIVES AND CIRCUMSTANCES, THE COLLEGE COVERS THE COST OF TUITION FOR EVERY DEGREE-SEEKING STUDENT. (CONTINUED ON SCHEDULE O) false false 46733428 740604 65597 PUBLIC SERVICE-Aligned with its mission, Berea College has a commitment to engage with Appalachian communities through a variety of in-reach and outreach programs. Four such initiatives-Partners for Education, Grow Appalachia, Brushy Fork Leadership Institute, and the Appalachian Fund-exist primarily on external funds. Partners for Education receives the largest amount of external funding, almost exclusively through the Department of Education, to support cradle-to-career work with 50,000+ pre-K-high school students in Appalachian Kentucky. Private, state, and federal funding supports Grow Appalachia's mission to address food insecurity in central Appalachia, and Brushy Fork Leadership Institute's efforts to identify and support emerging leaders in rural communities are funded through Berea College, contract revenue, and private funding. Finally, the Appalachian Fund sub-grants monies from Berea College's Appalachian Fund endowment each year to improve the health, education, and general welfare of people living in Appalachia. 27853568 573845 INSTRUCTION - EXPENDITURES OF ACADEMIC DEPARTMENTS AND OTHER INSTRUCTION ACTIVITIES BENEFITING APPROXIMATELY 1,600 STUDENTS. 11734583 794429 STUDENT SERVICES - STUDENT SUPPORT SERVICES SUCH AS ADMISSIONS, STUDENT LIFE, HEALTH SERVICES, LABOR PROGRAM, AND FINANCIAL AID. 11161168 1833181 ACADEMIC SUPPORT - INCLUDES EXPENDITURES FOR THE ACADEMIC VICE PRESIDENT AND DEAN OF FACULTY'S OFFICE, LIBRARY, MEDIA SERVICES, STUDENT LAPTOP COMPUTER PROGRAM, AND OTHER RELATED ACTIVITIES THAT SUPPORT THE INSTRUCTIONAL MISSION OF THE COLLEGE. 10662533 5340471 RESIDENCE HALLS AND DINING SERVICE FOR STUDENTS. 6615528 6623453 3500000 STUDENT AID-EXPENDITURES FOR SCHOLARSHIPS, GRANTS AND AWARDS TO STUDENTS. EXPENSES REPORTED INCLUDE PRIMARILY DIRECT STUDENT AID TO ASSIST WITH ROOM AND BOARD, BOOKS AND SUPPLIES. IN ADDITION, ALL DEGREE-SEEKING BEREA COLLEGE STUDENTS RECEIVE A FULL-TUITION SCHOLARSHIP, ALSO KNOWN AS A COST OF EDUCATION SCHOLARSHIP, THAT IS FUNDED PRIMARILY FROM THE SPENDABLE RETURN FROM THE ENDOWMENT. THE AMOUNT OF FULL-TUITION SCHOLARSHIPS FOR THE FISCAL YEAR WAS $70,423,950. THESE EXPENSES ARE PRIMARILY INCLUDED IN THE AREAS OF INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT, ETC. 4100215 2076531 STUDENT INDUSTRIES COST OF OPERATIONS (EXCLUDING COST OF SALES) WHICH PROVIDE LABOR OPPORTUNITIES FOR STUDENTS. 32539444 6623453 12750183 118861023 true true false true false false true false true true true false false true true false true true false true false false true false false false true true true true false false false false false false false false true false true true false false false true true true false false true 555 0 true 1101 true true true false false false false false false false false false false false X 36 34 false false true false false false false true true false false true true true true true true true true false CO HI KY AK MD MA MI NV NH NJ ND OH OK OR SC AR WA X JEFFERY S AMBURGEY 8599853082 LINCOLN HALL NO 220 BEREA KY 40404 YAHNG ROBERT T CHAIR 7.0 0 X X 0 0 0 ZEIGLER STEPHANIE BOWLING VICE CHAIR 4.0 1.0 X X 0 0 0 ALLUMSVICKI E TRUSTEE 3.0 0 X 0 0 0 ARMSTRONG CELESTE TRUSTEE 2.0 0 X 0 0 0 BEASON CHARLOTTE F TRUSTEE 2.0 0 X 0 0 0 BLADE VANCE TRUSTEE 3.0 0 X 0 0 0 BONNYMAN ANNE BERRY TRUSTEE 2.0 0 X 0 0 0 BRIDY JOSEPH JOHN TRUSTEE 3.0 0 X 0 0 0 CAMPBELL STEPHEN TRUSTEE 2.0 0 X 0 0 0 CHOW DAVID H TRUSTEE 3.0 0 X 0 0 0 CROWE CHARLES TRUSTEE 2.0 0 X 0 0 0 CULBRETH M ELIZABETH TRUSTEE 2.0 0 X 0 0 0 DAUGHERTY BILL TRUSTEE 2.0 0 X 0 0 0 DEAN DONNA j TRUSTEE 2.0 0 X 0 0 0 EARP SAMANTHA TRUSTEE 2.0 0 X 0 0 0 FLEMING JOHN E TRUSTEE 2.0 0 X 0 0 0 FLOWERS MICHAEL D TRUSTEE 2.0 0 X 0 0 0 JENKINS SCOTT M TRUSTEE 3.0 0 X 0 0 0 JENNINGS GLENN R TRUSTEE 2.0 1.0 X 0 0 0 JOHNSON SHAWN C D TRUSTEE 3.0 0 X 0 0 0 KOH KEN TRUSTEE 2.0 0 X 0 0 0 LAMPTON NANCY TRUSTEE 2.0 0 X 0 0 0 LOWE JR EUGENE Y TRUSTEE 3.0 0 X 0 0 0 OLINGER BETTY H TRUSTEE 2.0 0 X 0 0 0 PHILLIPS THOMAS W TRUSTEE 2.0 0 X 0 0 0 PRIDE MIRIAM TRUSTEE 2.0 0 X 0 0 0 RICHARDSON WILLIAM B TRUSTEE 2.0 1.0 X 0 0 0 ROBBINS WILLIAM L TRUSTEE 2.0 0 X 0 0 0 ROOP DENNIS R TRUSTEE 2.0 0 X 0 0 0 SEABURY II CHARLES WARD TRUSTEE 2.0 0 X 0 0 0 SHELTON DAVID E TRUSTEE 2.0 0 X 0 0 0 SLOAN DAVID TRUSTEE 2.0 0 X 0 0 0 THOMPSON TYLER S TRUSTEE 3.0 0 X 0 0 0 TUAN ROCKY S TRUSTEE 2.0 0 X 0 0 0 TUFFUOR EMMANUEL A TRUSTEE 2.0 0 X 0 0 0 WALLACE DIANE ARTIST TRUSTEE 2.0 0 X 0 0 0 AMBURGEY JEFFREY S VICE PRESIDENT FOR FINANCE 50.0 6.0 X 177735 0 35868 ASANTE SYLVIA DEAN OF LABOR 50.0 0 X 104754 0 16549 BARBOUR CHANNEL VP FOR STUDENT LIFE 50.0 0 X 133212 0 19274 BERRY CHAD VP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY 50.0 2.0 X 183266 0 28094 MACK DWAYNE VP FOR DIVERSITY EQUITY INCLUSION 50.0 0 X 96444 0 30221 ROELOFS LYLE D PRESIDENT 60.0 2.0 X 383677 0 53893 SADERHOLM MATT DEAN OF FACULTY 50.0 0 X 151608 0 37788 SINGLETON DERRICK VP FOR OPERATIONS & SUSTAINABILITY 50.0 1.0 X 181010 0 25129 STEELE SCOTT PROVOST 50.0 0 X 134703 0 25591 STRONG-LEEK LINDA (PARTIAL YEAR) ASSOCIATE VP FOR ACADEMIC AFFAIRS AND VP FOR DIVERSITY AND INCLUSION 50.0 0 X 126673 0 15491 THOMPSON TERI VP FOR STRATEGIC INITIATIVES 50.0 0 X 123052 0 17447 WILSON II JUDGE B SECRETARY/GENERAL COUNSEL 40.0 11.0 X 247674 0 35816 DAVIS TERESA SENIOR AVP FOR PHILANTHROPY 40.0 0 X 117876 0 25146 GENTRY DREAMA EXEC DIR EXT FUNDED PROG 40.0 0 X 121594 0 35469 HACKBERT PETER PROFESSOR/CO-DIR OF EPG 40.0 0 X 136575 0 19134 KENNISON MONICA CHAIR OF NURSING 40.0 0 X 165238 0 29048 LAWSON STEVE ASSOC VP FOR HUMAN RESOURCES 40.0 0 X 136860 0 18390 2721951 0 468348 40 false true false HEALTH HELP INC ESTILL ST BEREA KY 40403 HEALTH SERVICES 565063 AMERGENT INC 9 CENTENNIAL DR PEABODY MA 01960 DONOR ACQUISTION AND RETENTION 513253 Bank of New York Mellon PO Box 392013 Pittsburgh PA 15251 Investment Custody Fees 375759 EVALUATION CONSULTING GROUP 4231 CHAPARRAL DR NAPIERVILLE IL 60564 EVALUATION SERVICES 366000 RESOURCES FOR EDUCATION ADAPTION CHANGE AND HEALTH 501 PARK AVE LOUISVILLE KY 40208 DATABASE HOST 287375 16 53652195 46741354 790330 100393549 Residence/Dining Sev Rev 721310 5336454 5336454 Grants for Educ Fees 611710 3500000 3500000 Boone Tavern 721110 2040354 2040354 Fees/Ins Pd by Students 611710 1113373 1113373 Income from Agriculture Farm Lab 900099 577854 577854 1702088 1437490 264598 0 14270123 16931765 7910 16923855 25999 25999 436599 314018 122581 0 122581 122581 319545866 20667 266581274 2792354 52964592 -2771687 50192905 50192905 755390 462421 292969 292969 Child Development Lab 624410 450969 450969 Admin Cost Allowance 900099 430953 430953 UBS LIBOR Settlement 113083 113083 65446 65446 0 0 1060451 183290342 14184054 272508 68440231 740604 740604 6623453 6623453 2311852 830438 1269891 211523 693783 459678 69512 164593 50690399 41312924 6101897 3275578 3782317 2881996 650020 250301 5820093 4434711 1000228 385154 3910690 2979812 672082 258796 3492 3492 93400 93400 15291 15291 503932 503932 560288 560288 601684 438684 163000 0 169274 64749 74525 30000 966117 752712 168846 44559 1979673 31182 1919363 29128 2285115 2148294 97501 39320 147607 90173 29364 28070 188213 159667 26276 2270 1403699 1160431 229862 13406 10195634 9688820 358261 148553 557803 510390 33468 13945 Outreach Programs 28660669 28089257 571412 Residence Halls and Food Service 4401323 4401323 Repairs & Maintenance 1844519 1574753 151870 117896 Boone Tavern 2893378 2893378 8493494 6578303 755957 1159234 140537796 118861023 15000515 6676258 82831045 109826025 52985275 56183391 1352491 907309 0 0 0 0 27300250 27300250 1084675 1063147 2799675 4301132 338728554 143782322 186307623 194946232 1118772300 1412781700 162300400 232293100 876051 617256 704065 1755530 1637313850 2041975072 15475259 19752048 252692 4133135 31919675 80602049 0 0 22820799 21260613 70468425 125747845 813909015 982486395 752936410 933740832 1566845425 1916227227 1637313850 2041975072 X 42752546 299398665 7230591 X false true X true true true X 76548667 81566950 88443258 108875031 100393549 455827455 0 0 76548667 81566950 88443258 108875031 100393549 455827455 87524537 368302918 24580008 29918434 31376098 25743317 17394363 129012220 0 0 0 0 0 0 1242983 1422703 1430899 1266005 1637312 6999902 591839577 96155671 0.6223 0.5692 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS SALES OF INVENTORY, COLUMN A - 364642.0, COLUMN B - 587283.0, COLUMN C - 343789.0, COLUMN D - 337225.0, COLUMN E - 755390.0, COLUMN F - 2388329.0; DESCRIPTION - OTHER EXCLUDED REVENUE, COLUMN A - 878341.0, COLUMN B - 835420.0, COLUMN C - 1087110.0, COLUMN D - 928780.0, COLUMN E - 881922.0, COLUMN F - 4611573.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 15291 15291 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY General lobbying of US Congress in support of education related appropriation projects. Work colleges lobbying services provided by Arent Fox LLC in the amount of $15,291. 0 5041745 X X X X Education false 1222167100 50920104 362381842 45969935 13524223 560288 1575414600 1218740000 26190451 36341127 44977231 13569232 558015 1222167100 1192078100 18203417 66186565 44227541 12607087 893454 1218740000 1150360300 19268152 77347210 44761545 9280623 855394 1192078100 1050679900 16605934 136624287 42588310 10100589 860922 1150360300 0.5127 0.1774 0.3099 false false 3479846 3479846 305039644 123633509 181406135 30209064 20148813 10060251 194946232 SPECIAL OPPORTUNITIES 37611900 F REAL ESTATE 2766700 F HEDGE FUNDS 1700 F Private Equity 191912800 F 232293100 FUTURE PYMT LIAB FOR ANNUITIES 13522200 AGENCY FUNDS 906801 REVOCABLE GIFT AGREEMENTS 60000 WORKERS COMP - LONG TERM PORTION 66000 INTEREST RATE SWAP 5346000 457(B) PLAN 519555 Asset Retirement Obligation LT 837644 Deferred Financing Expenses -1005527 Capital Leases 236586 Operating Leases 771354 21260613 X 483520221 299398665 9665228 309063893 174456328 560288 8273726 8834014 183290342 134138419 776439 776439 133361980 560288 6615528 7175816 140537796 Schedule D, Part III, Line 4 Collections of art - description of collections THE COLLEGE ART COLLECTION WAS ESTABLISHED IN 1935 AS A TEACHING COLLECTION WITH THE PURPOSE OF PROVIDING BEREA COLLEGE STUDENTS WITH THE BEST EXAMPLES OF ART AND ARTIFACTS FROM AROUND THE WORLD. CURRENTLY, THE ART COLLECTION IS MADE UP OF MORE THAN 12,000 PIECES OF ART AND ARTIFACTS OF CULTURAL SIGNIFICANCE. INCLUDED IN THE COLLECTION ARE PAINTINGS AND PRINTS BY EUROPEAN MASTERS, CONTEMPORARY POTTERY, APPALACHIAN TEXTILES, JAPANESE AND CHINESE PRINTS AND SCROLLS, COINS, MEDALS, AND JEWELRY; COSTUMES AND ACCESSORIES; DOLLS, TOYS, MUSICAL INSTRUMENTS; AND TOOLS AND WEAPONS. THE BEREA COLLEGE ART COLLECTION IS MADE ACCESSIBLE TO THE CAMPUS AND SURROUNDING COMMUNITIES WITH THE GOAL OF PROVIDING RICH OPPORTUNITIES TO EXPERIENCE THE VISUAL ARTS FOR ALL OF THE COMMUNITIES THAT BEREA COLLEGE SERVES. BEREA COLLEGE MAINTAINS AND MAKES AVAILABLE A COLLECTION OF ARTIFACTS TO SUPPORT TEACHING AND RESEARCH ON APPALACHIA. THE APPALACHIAN ARTIFACTS COLLECTION CONTAINS NEARLY 3,000 OBJECTS DOCUMENTING LIFE IN THE REGION. ARTIFACT COLLECTIONS INCLUDE: MOUNTAIN REGION LIFE CIRCA 1850-1940; REGIONAL CRAFT TRADITIONS, ESPECIALLY TEXTILES, POTTERY AND WOODWORKING; STEREOTYPES OF APPALACHIAN PEOPLE; AND BEREA COLLEGE HISTORY. Schedule D, Part V, Line 4 Intended uses of endowment funds BEREA PROVIDES FROM ITS ENDOWMENT AND OTHER SOURCES, A TUITION PROMISE SCHOLARSHIP FOR EVERY ADMITTED STUDENT EACH YEAR, MEANING THAT NO STUDENT EVER PAYS TUITION. IN ADDITION TO ACADEMIC REQUIREMENTS FOR ADMISSION, THERE ARE ALSO FINANCIAL ELIGIBILITY REQUIREMENTS FOR ADMISSION, SINCE THE COLLEGE SEEKS TO SERVE ACADEMICALLY PROMISING STUDENTS WHO CANNOT AFFORD THE COST OF HIGHER EDUCATION. NEARLY 70 PERCENT OF THE ANNUAL ENDOWMENT SPENDABLE RETURN IS USED TO FUND THESE TUITION PROMISE SCHOLARSHIPS AND OTHER DIRECT FINANCIAL AID TO STUDENTS. STUDENTS ATTENDING THE COLLEGE RECEIVE ON AVERAGE SCHOLARSHIPS AND GRANT AID ADDING UP TO MORE THAN 92 PERCENT OF THEIR ANNUAL COST OF ATTENDANCE. THE USE OF THE SPENDABLE RETURN FROM DONOR-RESTRICTED ENDOWMENTS OR TRUE ENDOWMENT FUNDS ARE NORMALLY ESTABLISHED BY THE DONOR AND ACCEPTED BY THE COLLEGE IN AN ENDOWMENT FUND AGREEMENT. MOST OF BEREA'S TRUE ENDOWMENTS ARE RESTRICTED TO SUPPORT THE COST OF EDUCATION (KNOWN AS TUITION TO OTHER SCHOOLS), OR TO PROVIDE DIRECT FINANCIAL AID TO STUDENTS TO HELP PAY ROOM AND BOARD. IN OTHER CASES, SOME ENDOWMENTS ARE MORE RESTRICTIVE. FOR EXAMPLE, THE ANNUAL SPENDABLE RETURN FROM ONE OF BEREA'S ENDOWMENT FUNDS SUPPORTS A PROGRAM ON CAMPUS THAT PROVIDES A LAPTOP COMPUTER TO EVERY STUDENT. ANOTHER ENDOWMENT FUND GOES BEYOND THE CAMPUS COMMUNITY ITSELF BY PROVIDING OUTREACH SUPPORT TO OTHER NON-PROFIT ORGANIZATIONS IN UNDER-SERVED RURAL APPALACHIA. THIS ENDOWMENT FUND HELPS THE COLLEGE CARRY OUT ITS EIGHTH GREAT COMMITMENT OF SERVING APPALACHIA THROUGH EDUCATION AND OTHER APPROPRIATE MEANS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote BEREA COLLEGE HAS A DETERMINATION FROM THE INTERNAL REVENUE SERVICE THAT IT IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS INCOME. NO PROVISION FOR INCOME TAX HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE COLLEGE TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE IRS. THE COLLEGE HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO INCOME EXAMINATIONS FOR YEARS PRIOR TO 2018. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Cost of goods sold - 462421 Rental expenses - 314018 Current year's adjustment on future annuity payments - 377789 Change in funds held by others - 6654000 Interest rate swaps - 1857000 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Student aid grants - 6615528 Payments to annuitants - 1658198 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of goods sold - 462421 Rental expenses - 314018 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Student aid grants - 6615528 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY A LINK TO BEREA COLLEGE'S NONDISCRIMINATION POLICY CAN BE FOUND ON OUR HOMEPAGE, WWW.BEREA.EDU. ADDITIONALLY, THE POLICY IS ALSO LOCATED IN THE STUDENT CATALOG, EMPLOYEE MANUAL, AND FACULTY HANDBOOK. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT BEREA COLLEGE RECEIVES FEDERAL STUDENT AID ON BEHALF OF ENROLLED STUDENTS. THE COLLEGE ALSO RECEIVES AN APPROPRIATION THROUGH ITS DESIGNATION AS A WORK COLLEGE. true Central America and the Caribbean Investments 133320000 Europe (Including Iceland and Greenland) Investments 4643000 0 0 0 0 0 0 137963000 0 137963000 true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The College occasionally provides assistance to international students traveling to the US to attend Berea College. Funds used to provide travel assistance are paid from the spendable return of an endowed fund, received by a donor. The account is monitored by the Center for International Education and all funds not used in one fiscal year are then carried over to the next fiscal year. Once a student has expressed a need for travel assistance, the Center for International Education will review the student's initial application to validate need. A student can be awarded the full cost of the travel or only receive a portion. The Center for International Education will make the travel arrangements on behalf of the student. A student can only receive travel assistance once. By donor request, the student is not made aware of the help received until he/she graduates. The student's name and country is also sent to the Development Office, who will also notify the donor of funds used. The student's name, country, and year that funding was received, is also kept on record at the Center for International Education. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS The College occasionally provides assistance to international students traveling to the US to attend Berea College. Funds used to provide travel assistance are paid from the spendable return of an endowed fund, received by a donor. The account is monitored by the Center for International Education and all funds not used in one fiscal year are then carried over to the next fiscal year. Once a student has expressed a need for travel assistance, the Center for International Education will review the student's initial application to validate need. A student can be awarded the full cost of the travel or only receive a portion. The Center for International Education will make the travel arrangements on behalf of the student. A student can only receive travel assistance once. By donor request, the student is not made aware of the help received until he/she graduates. The student's name and country is also sent to the Development Office, who will also notify the donor of funds used. The student's name, country, and year that funding was received, is also kept on record at the Center for International Education. X X X X X X true AMERGENT 9 CENTENNIAL DR PEABODY MA 01960 Amergent, a full-service direct response fundraising agency, provides a variety of services to Berea College including analysis of acquired and existing donor data, strategy for in-house and donor acquisition pieces, management of donor acquisition direct mail and digital efforts, and consultation for in-house digital marketing. false 208367 503932 -295565 Guide by Cell Inc 300 Beale Street Suite 608 San Francisco CA 94105 Mobile pledge, screencasting, and mobile donation services false 11210 1875 9335 219577 505807 -286230 CA CO CT FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA AR WA WV WI Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. AMERGENT-NA;GUIDE BY CELL INC.-N/A; true Access WV PO Box 714 Wayne WV 25570 474994415 501(C)(3) 21000 Support of organization working to improve general welfare within the appalachian region American Cancer Society 100 Ireland Way Ste 300 Birmingham AL 35205 640329009 501(C)(3) 13000 Support of organization working to improve general welfare within the appalachian region Appalachian Artisan Center of Kentucky PO Box 833 Hindman KY 41822 611369294 501(C)(3) 10000 Support of organization working to improve general welfare within the appalachian region Bethany House Abuse Center PO Box 864 Somerset KY 42502 611276558 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Bluegrass Domestic Violence Program Inc PO Box 55190 Lexington KY 40741 201965942 501(C)(3) 10000 Support of organization working to improve general welfare within the appalachian region Children's Center of the Cumberlands PO Box 4314 Oneida TN 37841 621873070 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Cowan Community Action Group 85 Sturgill Branch Whitesburg KY 41858 611396831 501(C)(3) 22633 Support of organization working to improve general welfare within the appalachian region Cumberland Valley Domestic Violence Services Inc 3100 Hwy 30 Bypass London KY 40741 472379743 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Eastern Kentucky Child Care Coalition PO Box 267 Berea KY 40403 611180221 501(C)(3) 8000 Support of organization working to improve general welfare within the appalachian region Frontier Nursing University 195 School St Hyden KY 41749 611124267 501(C)(3) 10000 Support of organization working to improve general welfare within the appalachian region Girl Scouts of Kentucky's Wilderness Road 2277 Executive Dr Lexington KY 40505 610608104 501(C)(3) 6000 Support of organization working to improve general welfare within the appalachian region Hemphill Community Center PO Box 142 Jackhorn KY 41825 611343564 501(C)(3) 16000 Support of organization working to improve general welfare within the appalachian region Henderson Settlement Inc PO Box 205 Hwy 190 Frakes KY 40940 610674965 501(C)(3) 26611 Support of organization working to improve general welfare within the appalachian region High Rocks Educational Corp HC 64 Box 438 Hillsboro WV 24946 550743755 501(C)(3) 32092 Support of organization working to improve general welfare within the appalachian region Hindman Settlement School PO Box 844 Hindman KY 41822 610447248 501(C)(3) 68993 Support of organization working to improve general welfare within the appalachian region Hospice Care Plus 208 Kidd Dr Berea KY 40403 311038258 501(C)(3) 25000 Support of organization working to improve general welfare within the appalachian region Hospice of the Bluegrass 57 Dennis Sandlin Md Cove Hazard KY 41701 610978097 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Housing Development Alliance Inc 2871 North Main St Hazard KY 41701 611235346 501(C)(3) 12000 Support of organization working to improve general welfare within the appalachian region Judis Place for Kids Inc 128 South College St Pikeville KY 41501 611366084 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Kentucky River Child Advocacy Center 465 Cedar St Hazard KY 41701 611367930 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region Lend-A-Hand-Center Inc 3234 KY 718 Walker KY 40997 610675390 501(C)(3) 5000 Support of organization working to improve general welfare within the appalachian region Linwood Community Daycare PO Box 720 Slatyfork WV 26291 461033746 501(C)(3) 13953 Support of organization working to improve general welfare within the appalachian region Magoffin County Cooperative Extension Service PO Box 349 Salyersville KY 41465 611052799 Ky State Govt Entity 6488 Support of organization working to improve general welfare within the appalachian region Martin County Extension Service 9 Holy St Inez KY 41224 832555052 Ky State Govt Entity 13374 Support of organization working to improve general welfare within the appalachian region Morristown Hamblen Central Services Inc 2450 S cumberland St Morristown TN 37813 620808245 501(C)(3) 14159 Support of organization working to improve general welfare within the appalachian region New Opportunity School 204 Chestnut St Berea KY 40403 611323868 501(C)(3) 24500 Support of organization working to improve general welfare within the appalachian region Owsley County Board of Education RR3 Box 340 Booneville KY 41314 616001246 Ky State Govt Entity 17346 Support of organization working to improve general welfare within the appalachian region Pine Mountain Settlement School 36 Hwy 510 Bledsoe KY 40810 610444789 501(C)(3) 34500 Support of organization working to improve general welfare within the appalachian region Red Bird Mission 70 Queendale Center Beverly KY 40913 610674373 501(C)(3) 26223 Support of organization working to improve general welfare within the appalachian region Red Bird Mountain Medical Center 53 Queendale Center Beverly KY 40913 610945454 501(C)(3) 20000 Support of organization working to improve general welfare within the appalachian region Roman Catholic Diocese of Lexington 203 South Central Ave Lexington KY 42501 611132894 501(C)(3) 10000 Support of organization working to improve general welfare within the appalachian region Scott Christian Care Center PO Box 5373 Oneida TN 37841 453574908 501(C)(3) 27815 Support of organization working to improve general welfare within the appalachian region St Vincent Mission Inc PO Box 232 David KY 41616 610961940 501(C)(3) 28500 Support of organization working to improve general welfare within the appalachian region Step by Step Inc 1701 Fifth Ave Charleston WV 25312 550746556 501(C)(3) 32000 Support of organization working to improve general welfare within the appalachian region The Childrens Home Society of West Virginia Inc 1422 Kanawha Blvd E Charleston WV 25301 550360199 501(C)(3) 7000 Support of organization working to improve general welfare within the appalachian region The David School PO Box 1 David KY 41616 310889471 501(C)(3) 37000 Support of organization working to improve general welfare within the appalachian region Turning Point Domestic Violence Services Inc PO Box 1297 Prestonsburg KY 41653 472369354 501(C)(3) 17000 Support of organization working to improve general welfare within the appalachian region UK Diabetes in Children 219 Sturgill Development Bldg Lexington KY 40506 616001218 Ky State Govt Entity 11000 Support of organization working to improve general welfare within the appalachian region 38 0 SCHOLARSHIPS/STUDENT AID GRANTS- THE AMOUNT OF FULL TUITION SCHOLARSHIPS FOR THE FISCAL YEAR WAS $70,423,950. 1432 6615528 BRUSHY FORK ANNUAL INSTITUTE SCHOLARSHIPS - AWARDED TO PARTICIPANTS TO ATTEND ANNUAL INSTITUTE, A LEADERSHIP AND COMMUNITY DEVELOPMENT TRAINING EVENT, HOSTED BY BRUSHY FORK. 41 7925 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL GRANT APPLICATIONS ARE KEPT IN STORAGE FOR SEVEN YEARS. PREVIOUSLY UNFUNDED APPLICANTS FOR GRANT MONIES FROM BEREA COLLEGE APPALACHIAN FUND (BCAF) FOLLOW CRITERIA AND A FORMAT WHICH ARE CLEARLY STATED ON THE PROGRAM WEBSITE: HTTP://WWW.BEREA.EDU/APPALACHIANFUND/APPLYINGFORGRANT.ASP. PREVIOUSLY FUNDED APPLICANTS MUST PROVIDE A DETAILED REPORT ON THE USE OF THE PREVIOUS YEAR'S GRANT FUNDING. THIS FORMAT AND CRITERIA ARE LOCATED ON THE SAME LOCATION OF THE BCAF WEBSITE. IN ADDITION, THE BCAF SPONSORS A GRANTEE CONFERENCE EACH SPRING WHEN ALL GRANTEES FOR THAT YEAR MEET AND CONDUCT PUBLIC PRESENTATIONS OF THEIR GRANT FUNDED WORK. THE BCAF IS IN REGULAR CONTACT WITH GRANTEES THROUGHOUT THE YEAR, VISITING EACH NEW GRANTEE AND REPEAT GRANTEES WHERE POSSIBLE. The staff of Grow Appalachia, including the director and two assistant directors, all individually review funding proposals from the potential partner sites for quality of programming, outreach activities and budget line items. This staff then meet as a group and discuss each proposal and either approve them as submitted, reject them out of hand, accept them conditionally asking for clarification or request more information to allow a sound decision. When the information requests are met the staff meet again and either accept or reject the proposal. Grow Appalachia also has an advisory board consisting of college and non-college members who are kept informed of Grow Appalachia's activities and program direction and who then offer advice and counsel for the program. FEDERAL, STATE, INSTITUTIONAL AND OTHER GRANTS ARE AWARDED TO STUDENTS BASED ON FINANCIAL INFORMATION GAINED FROM THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) THAT IS COMPLETED EACH YEAR. A THIRD-PARTY SOFTWARE VENDOR PROVIDES THE FEDERAL REGULATIONS BY WHICH GRANTS ARE GIVEN. THE FAFSA INFORMATION COMES FROM ELECTRONIC FILES WHICH ARE PASSWORD PROTECTED.ALL STUDENT APPLICATIONS FOR GRANTS ARE STORED ELECTRONICALLY AND ARE PASSWORD PROTECTED. DISBURSEMENTS ARE REVIEWED DAILY TO INSURE ACCURACY. X X X true true X X X X false false false false false false false false false ROELOFS LYLE D PRESIDENT 351727 0 0 0 31950 0 22800 0 31093 0 437570 0 0 0 WILSON II JUDGE B SECRETARY/GENERAL COUNSEL 245454 0 0 0 2220 0 20026 0 15790 0 283490 0 0 0 AMBURGEY JEFFREY S VICE PRESIDENT FOR FINANCE 175737 0 0 0 1998 0 14759 0 21109 0 213603 0 0 0 BERRY CHAD VP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY 181839 0 0 0 1427 0 14880 0 13214 0 211360 0 0 0 SADERHOLM MATT DEAN OF FACULTY 150429 0 0 0 1179 0 12800 0 24988 0 189396 0 0 0 SINGLETON DERRICK VP FOR OPERATIONS & SUSTAINABILITY 179509 0 0 0 1501 0 14915 0 10214 0 206139 0 0 0 STEELE SCOTT PROVOST 134037 0 0 0 666 0 11011 0 14580 0 160294 0 0 0 BARBOUR CHANNEL VP FOR STUDENT LIFE 132549 0 0 0 663 0 10800 0 8474 0 152486 0 0 0 KENNISON MONICA CHAIR OF NURSING 163580 0 0 0 1658 0 12191 0 16857 0 194286 0 0 0 LAWSON STEVE ASSOC VP FOR HUMAN RESOURCES 136103 0 0 0 757 0 10303 0 8087 0 155250 0 0 0 HACKBERT PETER PROFESSOR/CO-DIR OF EPG 135138 0 0 0 1437 0 10717 0 8417 0 155709 0 0 0 GENTRY DREAMA EXEC DIR EXT FUNDED PROG 120951 0 0 0 643 0 10450 0 25019 0 157063 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE EMPLOYMENT AGREEMENT FOR THE VICE PRESIDENT FOR FINANCE ALLOWS FOR THE REIMBURSEMENT OF TRAVEL EXPENSES FOR AN INDIVIDUAL ACCOMPANYING THE VICE PRESIDENT DURING TRAVEL TO PROVIDE ASSISTANCE NEEDED DUE TO PHYSICAL DISABILITIES. CURRENTLY, THE PRIMARY PERSON PROVIDING THIS ASSISTANCE IS THE SPOUSE OF THE VICE PRESIDENT; HOWEVER THIS ASSISTANCE IS NOT LIMITED TO A PARTICULAR INDIVIDUAL. SPOUSAL TRAVEL IS NOT TREATED AS A TAXABLE BENEFIT. Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE PRESIDENT OF BEREA COLLEGE IS REQUIRED TO LIVE IN CAMPUS PROVIDED HOUSING TO ALLOW THE PRESIDENT TO BE AVAILABLE FOR ALL COLLEGE AND CAMPUS NEEDS, AND IN ORDER TO HOST OFFICIAL MEETINGS AND EVENTS. PURSUANT TO IRC119, THE PRESIDENT'S HOUSING HAS NOT BEEN TREATED AS TAXABLE INCOME. Schedule J, Part I, Line 1a Personal services BEREA COLLEGE IS RESPONSIBLE FOR FURNISHING AND MAINTAINING THE HOUSE FOR THE PRESIDENT. THE PRESIDENT RECEIVES HOUSEKEEPING AND CHEF SERVICES WHEN PREPARING FOR OFFICIAL MEETINGS AND EVENTS. A CITY OF BEREA KENTUCKY (SCHEDULE 1) 616001787 083536BE1 2003-12-11 10240000 VARIOUS CAPITAL PROJECTS & REFUND BONDS ISSUED 3/16/1994 false false false B CITY OF BEREA KENTUCKY (SCHEDULE 1) 616001787 2012-09-21 10000000 CONSTRUCT RESIDENCE HALL AND REFUND BONDS ISSUED 2008 FOR RENOVATION false false false C COUNTY OF GARRARD KENTUCKY (SCHEDULE 1) 616000835 2012-12-27 7621900 REFUND BONDS ISSUED 2003 FOR VARIOUS CAPITAL PROJECTS false false false D COUNTY OF ESTILL KENTUCKY (SCHEDULE 1) 616000826 29755CAV1 2013-04-10 8945000 REFUND BONDS ISSUED 2003 FOR VARIOUS CAPITAL PROJECTS false false false A 5860000 0 10253342 0 0 0 0 0 0 5017092 5236250 0 2004 true false true true B 8661967 0 10002493 0 0 0 0 0 0 6673881 3328612 0 2013 true false true true C 5412781 0 7621900 0 0 0 0 0 0 0 7621900 0 2013 false true true true D 470000 0 8978676 0 0 0 97143 0 0 0 8881533 0 2013 true false true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true D false false false false 0.0 0.0 0.0 false false true A false true true true BANK OF NEW YORK MELLON 26.0 false false true B false true false false false false true C false true false false false false true D false true false false false false true A true B true C true D true Schedule K, Part II, Line 3 Proceeds include the following investment earnings amounts Schedule 1: Column A: $13,342 Column B: $2,493 Schedule K, Part IV, Line 2b County of Garrard, Kentucky Schedule 1, Column C: There were no investment of proceeds, therefore, no refund calculation required. Schedule K, Part IV, Line 2b CITY OF BEREA, KENTUCKY Schedule 2, Column A: There were no investment of proceeds, therefore, no refund calculation required. Schedule K, Part IV, Line 2b COUNTY OF ESTILL, KENTUCKY Schedule 1, Column D: There were no investment of proceeds, therefore, no refund calculation required. Schedule K, Part IV, Line 2b City of Berea, Kentucky Schedule 1, Column B: There were no investment of proceeds, therefore, no refund calculation required. Schedule K, Part IV, Line 2c COLUMN A Issuer name: CITY OF BEREA, KENTUCKY (SCHEDULE 1) The calculation for computing no rebate due was performed on 10/29/2008 A CITY OF BEREA KENTUCKY (SCHEDULE 2) 616001787 2015-05-12 6435000 REFUND BONDS ISSUED 9/27/2005 FOR CENTRAL HEAT PLANT AND VARIOUS CAPITAL PROJECTS false false false A 3695017 0 6435000 0 0 0 0 0 0 0 6435000 0 2015 true false true true A false false false false 0.0 0.0 0.0 false false true A false true false false false false true A true LAUREN ROELOFS PRESIDENT'S SPOUSE 69512 SALARY: LAUREN ROELOFS IS THE SPOUSE OF PRESIDENT LYLE D. ROELOFS AND IS EMPLOYED BY BEREA COLLEGE AS SPECIAL ASSISTANT TO THE PRESIDENT. COMPENSATION AND BENEFITS ARE DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. DUTIES INCLUDE: SUPERVISE AND BE RESPONSIBLE FOR USE OF THE PRESIDENT'S HOME AND EXTENDING HOSPITALITY TO STUDENTS, FACULTY, STAFF, ALUMNI, TRUSTEES AND VISITORS TO CAMPUS; MANAGE THE EXPENDITURE OF ALL FUNDS ALLOCATED FOR THE PRESIDENT'S HOME; ASSIST THE PRESIDENT IN BUILDING POSITIVE RELATIONSHIPS WITHIN THE COLLEGE COMMUNITY AND THE CITIZENS OF BEREA AND MADISON COUNTY; TRAVEL WITH THE PRESIDENT ON MATTERS OF OFFICIAL COLLEGE BUSINESS; AND ASSIST THE PRESIDENT, AS APPROPRIATE, IN THE CULTIVATION OF GIFTS TO THE COLLEGE THROUGH PRIVATE DONORS, FOUNDATIONS AND BUSINESS ORGANIZATIONS. false LISA BERRY VICE PRESIDENT FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY'S SPOUSE 83329 SALARY: LISA BERRY IS THE SPOUSE OF VICE PRESIDENT FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY CHAD BERRY AND IS EMPLOYED BY BEREA COLLEGE AS A GIFT OFFICER. COMPENSATION AND BENEFITS ARE DETERMINED BY THE VICE PRESIDENT FOR STRATEGIC INITIATIVES. false Joslyn Glover Daughter of Board of Trustee Member 106417 Joslyn Glover is employed by Berea College as the Title VII/Title IX coordinator; she is the daughter of Board of Trustee member, Betty Olinger. Compensation and benefits are determined by the academic vice president of diversity and equity inclusion. false Rhonda Johns Sister of Board of Trustee Member 81264 Rhonda Johns is employed by Berea College as the Manager of Data and Analytics in Advancement Services; she is the sister of Board of Trustee member, Glenn Jennings. Compensation and benefits are determined by the vice president for Alumni, Communications, and Philanthropy. false AARON BEALE VICE PRESIDENT FOR STRATEGIC INITIATIVES' SPOUSE 110095 SALARY: AARON BEALE IS THE SPOUSE OF VICE PRESIDENT FOR STRATEGIC INITIATIVES TERI THOMPSON AND IS EMPLOYED BY BEREA COLLEGE AS THE DIRECTOR OF CRAFTS EDUCATION OUTREACH. COMPENSATION AND BENEFITS ARE DETERMINED BY THE VICE PRESIDENT FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY. false JON SADERHOLM DEAN OF FACULTY'S BROTHER 100359 SALARY: JON SADERHOLM IS THE BROTHER OF THE DEAN OF FACULTY MATT SADERHOLM AND IS EMPLOYED BY BEREA COLLEGE AS ASSOCIATE PROFESSOR OF EDUCATION STUDIES. COMPENSATION AND BENEFITS ARE DETERMINED BY THE VICE PRESIDENT FOR ACADEMIC AFFAIRS/PROVOST. false KIMBERLY SADERHOLM DEAN OF FACULTY'S SISTER-IN-LAW 16343 SALARY: KIMBERLY SADERHOLM IS THE SISTER-IN-LAW OF THE DEAN OF FACULTY MATT SADERHOLM AND IS EMPLOYED BY BEREA COLLEGE AS ASSOCIATE PROFESSOR OF EDUCATION STUDIES. COMPENSATION AND BENEFITS ARE DETERMINED BY THE VICE PRESIDENT FOR ACADEMIC AFFAIRS/PROVOST. false FELICIA MACK VICE PRESIDENT FOR DIVERSITY EQUITY INCLUSION'S SPOUSE 46440 FELICIA MACK IS THE SPOUSE OF VICE PRESIDENT FOR DIVERSITY EQUITY INCLUSION DWYANE MACK AND IS EMPLOYED BY BEREA COLLEGE AS AN ASSOCIATE PROFESSOR OF GENERAL STUDIES. COMPENSATION AND BENEFITS ARE DETERMINED BY THE DEAN OF THE FACULTY. false LORI MYERS-STEELE VICE PRESIDENT FOR ACADEMIC AFFAIRS/PROVOST'S SPOUSE 77761 LORI MYERS-STEELE IS THE SPOUSE OF VICE PRESIDENT FOR ACADEMIC AFFAIRS/PROVOST SCOTT STEELE AND IS EMPLOYED BY BEREA COLLEGE AS A COLLECTIONS ARCHIVIST AT HUTCHINS LIBRARY. COMPENSATION AND BENEFITS ARE DETERMINED BY THE ASSOCIATE PROVOST. false X 270 Other X 67 784120 Market value X 1 330 Other - DONOR VALUE X 1 240 Other - DONOR VALUE X Camera and camera equipment 1 1870 Other - DONOR VALUE X hardware for two electric vehicle chargers 1 3500 Other - Donor value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Books and publications - Reporting the number of contributions received. Historical artifacts - Number of contributions received Securities - Publicly traded - Number of contributions received Collectibles - Number of contributions received Other - Camera and camera equipment Number of contributions received Other - hardware for two electric vehicle chargers Number of contributions received Form 990, Part III, Line 1 ORGANIZATION'S MISSION (CONTINUED FORM 990, PART III, LINE 1) BEREA COLLEGE DEMONSTRATES WHAT THE WORLD CAN BE LIKE WHEN INDIVIDUALS LIVE OUT A COMMITMENT OF IMPARTIAL LOVE BUILT UPON A SIMPLE TENET: GOD HAS MADE OF ONE BLOOD ALL PEOPLES OF THE EARTH. BEREA'S PRIMARY SERVICE AREA IS KENTUCKY AND THE SOUTHERN APPALACHIAN REGION, FROM WHICH IT DRAWS BETWEEN 70 AND 80 PERCENT OF ITS STUDENTS EACH YEAR. THE BALANCE COME FROM 40-PLUS STATES AND 70-PLUS COUNTRIES, REPRESENTING A RICH DIVERSITY OF COLORS, CULTURES, AND FAITHS. ALMOST 40 PERCENT OF STUDENTS ARE OF COLOR, AND MORE THAN 60 PERCENT OF FIRST-YEAR STUDENTS COME FROM FAMILIES WHERE NEITHER PARENT HAS A COLLEGE DEGREE. IN ADDITION, MORE THAN 50 PERCENT OF ENTERING STUDENTS HAVE AN EXPECTED FAMILY CONTRIBUTION (EFC) OF $0, MEANING THE FAMILY CAN PROVIDE NO MONIES TOWARD THE COST OF EDUCATION; HENCE, APPROXIMATELY 98 PERCENT OF BEREA COLLEGE'S DOMESTIC STUDENTS ARE PELL GRANT ELIGIBLE. AS A FUNDAMENTAL AND INTEGRAL PART OF BEREA'S COLLEGE'S MISSION AND EXEMPT PURPOSE, TUITION PROMISE SCHOLARSHIPS (NO BEREA STUDENT PAYS TUITION) ARE FUNDED DIRECTLY FROM THE SPENDABLE RETURN ON THE COLLEGE'S ENDOWMENT. THIS AMOUNTS TO BETWEEN 70-75 PERCENT OF THE NET EDUCATIONAL AND GENERAL OPERATING BUDGET. CONTRIBUTIONS FROM DONORS TO BEREA'S ANNUAL FUND PROVIDE ANOTHER 10 PERCENT OF THE BUDGET. IN ADDITION TO THE TUITION PROMISE SCHOLARSHIPS FOR EVERY ADMITTED STUDENT, BEREA COLLEGE ALSO PROVIDES INSTITUTIONAL GRANT AID TO ASSIST STUDENTS WITH HOUSING, MEALS, BOOKS, AND SUPPLIES. BEREA COLLEGE IS NATIONALLY RECOGNIZED FOR ACADEMICS AND FOR SERVICE-LEARNING, AND IN 2018 WASHINGTON MONTHLY MAGAZINE RANKED BEREA THE #1 LIBERAL ARTS COLLEGE FOR ITS CONTRIBUTIONS TO THE PUBLIC GOOD. IT OFFERS RIGOROUS UNDERGRADUATE ACADEMIC PROGRAMS LEADING TO BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN 32 FIELDS. AS ONE OF EIGHT FEDERALLY RECOGNIZED WORK COLLEGES IN THE UNITED STATES, BEREA REQUIRES ALL STUDENTS TO WORK A MINIMUM OF TEN HOURS PER WEEK. STUDENTS RECEIVE PAYMENT FOR THEIR WORK THAT IS USED TO HELP PAY FOR HOUSING, MEALS, BOOKS, AND SUPPLIES. IN AN ATMOSPHERE OF DEMOCRATIC LIVING EMPHASIZING THE DIGNITY OF ALL WORK, BEREA STUDENTS ARE EMPLOYED IN MORE THAN 120 AREAS ON CAMPUS PROVIDING ESSENTIAL WORK TO OPERATE THE COLLEGE. AS A COMPLEMENT TO THEIR ACADEMIC LEARNING, EACH STUDENT LEARNS USEFUL SKILLS AND DEVELOPS A STRONG WORK ETHIC, ATTRIBUTES THAT POTENTIAL EMPLOYERS VALUE AS WELL. As a result of the Novel Coronavirus Disease (COVID-19), the President of the United States declared that the COVID-19 outbreak in the United States constituted a national emergency effective March 1, 2020. As a result, during March of 2020, the College made adjustments to its operations and academic delivery based on the spread of COVID-19 throughout the United States and State of Kentucky. The College extended the spring 2020 term courses online to allow students to complete their spring semester course work. The summer 2020 academic terms were moved to online as well. Employees and faculty were asked to work remotely from home unless they were deemed essential employees, and the College continued to provide salary and benefits to all employees and faculty. The College put in place a plan with various phases to bring students and employees back for the fall 2020 semester. The plan was based on the status of COVID-19, which included gathering sizes on campus, students living on campus, travel restrictions, employees on campus and other requirements. The College also took steps to reduce spending on travel, food, printing, promotional funds and other spending associated with normal College operations due to the operational changes resulting from COVID-19. The College was able to complete the fall semester 2020 and spring semester 2021 with primarily in person classes using appropriate pandemic protocols, including vaccinations and regular testing of both students and employees. Many of these COVID-19 protocols will remain in place as the College continues the fall 2021 semester and the College continues to maintain reasonable operational changes in an effort to control spending as the pandemic continues into fiscal year 2022. While the future impacts of the COVID-19 pandemic cannot be quantified at this time, the College continues to monitor its course and, if necessary, is prepared to take additional measures to protect the health and welfare of the College and its students and employees. Form 990, Part III, Line 4d Description of other program services (Expenses $ 11,161,168 including grants of $)(Revenue $ 1,833,181) ACADEMIC SUPPORT - INCLUDES EXPENDITURES FOR THE ACADEMIC VICE PRESIDENT AND DEAN OF FACULTY'S OFFICE, LIBRARY, MEDIA SERVICES, STUDENT LAPTOP COMPUTER PROGRAM, AND OTHER RELATED ACTIVITIES THAT SUPPORT THE INSTRUCTIONAL MISSION OF THE COLLEGE. Form 990, Part III, Line 4d Description of other program services (Expenses $ 10,662,533 including grants of $)(Revenue $ 5,340,471) RESIDENCE HALLS AND DINING SERVICE FOR STUDENTS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 6,615,528 including grants of $ 6,623,453)(Revenue $ 3,500,000) STUDENT AID-EXPENDITURES FOR SCHOLARSHIPS, GRANTS AND AWARDS TO STUDENTS. EXPENSES REPORTED INCLUDE PRIMARILY DIRECT STUDENT AID TO ASSIST WITH ROOM AND BOARD, BOOKS AND SUPPLIES. IN ADDITION, ALL DEGREE-SEEKING BEREA COLLEGE STUDENTS RECEIVE A FULL-TUITION SCHOLARSHIP, ALSO KNOWN AS A COST OF EDUCATION SCHOLARSHIP, THAT IS FUNDED PRIMARILY FROM THE SPENDABLE RETURN FROM THE ENDOWMENT. THE AMOUNT OF FULL-TUITION SCHOLARSHIPS FOR THE FISCAL YEAR WAS $70,423,950. THESE EXPENSES ARE PRIMARILY INCLUDED IN THE AREAS OF INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT, ETC. Form 990, Part III, Line 4d Description of other program services (Expenses $ 4,100,215 including grants of $)(Revenue $ 2,076,531) STUDENT INDUSTRIES COST OF OPERATIONS (EXCLUDING COST OF SALES) WHICH PROVIDE LABOR OPPORTUNITIES FOR STUDENTS. Form 990, Part VI, Line 1a RESPONSIBILITY OF EXECUTIVE COMMITTEE THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR, AND THE CHAIR OF EACH STANDING COMMITTEE PROVIDED FOR IN SECTION 12.1 OF THE BYLAWS. THE PRESIDENT OF THE COLLEGE SHALL BE AN EX OFFICIO MEMBER WITHOUT VOTE. IT SHALL BETWEEN MEETINGS OF THE BOARD HAVE ALL THE POWERS AND DUTIES OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE POWER TO REMOVE OR ELECT A TRUSTEE OR THE PRESIDENT OF THE COLLEGE. AT EACH MEETING OF THE BOARD IT SHALL SUBMIT A REPORT OF ALL ACTIONS TAKEN BY IT SINCE THE PRECEDING MEETING OF THE BOARD, AND A SUMMARY OF SUCH REPORT SHALL BE RECORDED IN THE MINUTES OF THE BOARD. Form 990, Part VI, Line 4 Significant changes to organizational documents The College bylaws underwent a revision to include the addition of a section outlining Emergency Powers in the event of a natural disaster or emergency declared by Local, state or national authorities. In addition, The title of Vice President for Alumni, Communications and College Relations was changed to Vice President for Alumni, Communications and Philanthropy. An amendment was also made so that meetings of the Board of Trustees may be conducted via remote communication. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS REVIEWED BY A SUBCOMMITTEE APPOINTED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE REVIEW OCCURS IN JANUARY AND FEBRUARY OF EACH YEAR AND INCLUDES AT LEAST ONE CONFERENCE CALL FOR DISCUSSION. FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO THE FILING DATE OF THE FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy BEREA COLLEGE (THE COLLEGE) MAINTAINS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES AND INSTITUTIONAL OFFICERS. ALL TRUSTEES AND INSTITUTIONAL OFFICERS RECEIVE COPIES OF THE POLICY AND A DISCLOSURE STATEMENT ON AN ANNUAL BASIS. THE DISCLOSURE STATEMENT MUST BE COMPLETED BY ALL TRUSTEES AND OFFICERS REGARDLESS OF THE PRESENCE OF A CONFLICT. IN ADDITION TO THE ANNUAL DISCLOSURE, THE POLICY REQUIRES THE DISCLOSURE STATEMENT TO BE UPDATED WHENEVER THE TRUSTEE OR OFFICER BECOMES AWARE OF A NEW OR ANTICIPATED CONFLICT OF INTEREST TRANSACTION THAT HAS NOT BEEN PREVIOUSLY REPORTED. DISCLOSURE STATEMENTS ARE FORWARDED BY THE VICE PRESIDENT FOR FINANCE TO THE PRESIDENT OF THE COLLEGE AND THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. ANY CONFLICT OF INTEREST TRANSACTION OR OTHER MATTER REPORTED BY A TRUSTEE OR OFFICER IS THEN ADDRESSED IN ACCORDANCE WITH THE POLICY. ANY TRUSTEE OR OFFICER WHO HAS ENGAGED IN OR ANTICIPATES A RELATIONSHIP OR TRANSACTION CONSTITUTING A CONFLICT OF INTEREST TRANSACTION SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF ANY RELATIONSHIP OR PROPOSED TRANSACTION INVOLVING SUCH CONFLICT OF INTEREST TRANSACTION UNTIL THE AUDIT COMMITTEE OR BOARD OF TRUSTEES APPROVES SUCH PARTICIPATION IN WRITING. A TRUSTEE INVOLVED WITH SUCH A CONFLICT OF INTEREST TRANSACTION SHALL NOT VOTE NOR BE PRESENT AT THE TIME OF ANY VOTE BY THE BOARD OF TRUSTEES OR ANY COMMITTEE THEREOF CONCERNING THE RELATIONSHIP OR TRANSACTION. AN OFFICER INVOLVED WITH SUCH A CONFLICT OF INTEREST TRANSACTION SHALL NOT EXERCISE CONTRACT OR SUPERVISORY AUTHORITY CONCERNING THE PARTICULAR RELATIONSHIP OR TRANSACTION. A SEPARATE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL EMPLOYEES OF THE COLLEGE. THE POLICY IS DISTRIBUTED TO NEW EMPLOYEES UPON HIRE AND TO ALL EMPLOYEES ANNUALLY VIA E-MAIL. ANY EMPLOYEE WHO HAS OR WHOSE RELATIVE HAS A SUBSTANTIAL INTEREST IN A CONTRACT, SALE, PURCHASE OR OTHER TRANSACTION BY OR WITH THE COLLEGE MUST MAKE KNOWN THAT INTEREST ON THE APPROPRIATE DISCLOSURE FORM PROVIDED BY THE COLLEGE. ALL COMPLETED DISCLOSURE FORMS ARE REVIEWED BY THE ADMINISTRATIVE COMMITTEE OF THE COLLEGE FOR DETERMINATION OF A CONFLICT OF INTEREST. ALL INSTANCES REPORTED ARE FORWARDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. Form 990, Part VI, Line 15a Process to establish compensation of top management official PRESIDENT'S COMPENSATION ANALYSIS AND DETERMINATION: IN THE SPRING OF EACH YEAR, A COMPARATIVE ANALYSIS IS PREPARED CONSISTING OF PRESIDENTIAL AND OFFICER SALARIES AND BENEFITS AT THE COLLEGE'S FRAME OF REFERENCE BENCHMARK INSTITUTIONS COMPRISED OF 26 INDEPENDENT COLLEGES AND UNIVERSITIES WHICH HAVE OPERATIONAL, PROGRAMMATIC AND BUDGETARY SIMILARITIES TO BEREA COLLEGE. THIS INFORMATION IS COMPILED FROM DATA COLLECTED THROUGH THE ADMINISTRATIVE COMPENSATION SURVEY CONDUCTED ANNUALLY BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA). EVERY FOUR YEARS, A SEPARATE SURVEY IS SENT TO THE FRAME OF REFERENCE INSTITUTIONS TO GATHER ADDITIONAL INFORMATION. AN ANALYSIS IS ALSO PREPARED THAT COMPARES THE SALARIES OF THE COLLEGE'S PRESIDENT AND OTHER OFFICERS TO THOSE OF A LARGER GROUP (APPROXIMATELY 95 INSTITUTIONS) OF INDEPENDENT, BACCALAUREATE, GENERAL AND LIBERAL ARTS COLLEGES AND UNIVERSITIES. CONCURRENTLY, THE CHAIR OF THE BOARD UNDERTAKES AN ANNUAL ASSESSMENT OF THE PRESIDENT'S PERFORMANCE. EVERY THREE TO FOUR YEARS, THE CHAIR CONDUCTS A COMPREHENSIVE EVALUATION OF THE PRESIDENT. THE BENCHMARK SALARY DATA IS TRANSMITTED TO THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES. THE PRESIDENT PREPARES A SELF-ASSESSMENT THAT IS DISCUSSED WITH THE CHAIR AND SHARED WITH ALL MEMBERS OF THE BOARD OF TRUSTEES. THE CHAIR THEN DEVELOPS A RECOMMENDATION CONCERNING THE PRESIDENT'S SALARY AND BENEFITS IN THE CONTEXT OF THE COLLEGE'S ENTIRE BUDGET PROCESS USING THE ABOVE INFORMATION ALONG WITH HISTORICAL SALARY AND BENEFIT DATA FOR THE PRESIDENT AND ANY OTHER EXTERNAL RESOURCES THAT ARE AVAILABLE. THE CHAIR NEXT REPORTS TO THE EXECUTIVE COMMITTEE (FUNCTIONING AS THE COMPENSATION COMMITTEE) OF THE BOARD OF TRUSTEES ON THE PRESIDENT'S PERFORMANCE ASSESSMENT AND PRESENTS ALL OF THE BENCHMARK AND HISTORICAL SALARY INFORMATION, TOGETHER WITH THE CHAIR'S RECOMMENDATION ON THE SETTING OF THE PRESIDENT'S COMPENSATION FOR THE COMING YEAR. THE EXECUTIVE COMMITTEE THEN REVIEWS ALL OF THE FOREGOING INFORMATION TOGETHER WITH THE CHAIR'S REPORT AND PREPARES ITS OWN RECOMMENDATION. AT ITS APRIL MEETING, IN EXECUTIVE SESSION, THE BOARD CONSIDERS THE CHAIR'S REPORT CONCERNING ALL OF THIS INFORMATION AND THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE. FOLLOWING DISCUSSION, THE BOARD ADOPTS A RESOLUTION SETTING THE PRESIDENT'S NEW COMPENSATION LEVELS FOR THE NEXT FISCAL YEAR, BEGINNING ON JULY 1ST. Form 990, Part VI, Line 15b Process to establish compensation of other employees COMPENSATION ANALYSIS AND DETERMINATION FOR THE SUBORDINATE OFFICERS OF THE COLLEGE: FOLLOWING THE SAME TIMELINE AND UTILIZING THE SAME COMPARATIVE DATA OUTLINED ABOVE, THE PRESIDENT PREPARES COMPENSATION RECOMMENDATIONS FOR THE COLLEGE'S SUBORDINATE OFFICERS IN THE CONTEXT OF EACH OFFICER'S HISTORICAL SALARY AND BENEFIT INFORMATION AND THE PRESIDENT'S ASSESSMENT OF EACH OFFICER'S PERFORMANCE DURING THE PRECEDING YEAR. THE PRESIDENT THEN MEETS WITH THE CHAIR AND VICE CHAIR OF THE BOARD TO PRESENT THE COMPENSATION RECOMMENDATIONS FOR EACH OFFICER. THE PRESIDENT'S ASSESSMENT OF EACH OFFICER'S PERFORMANCE AS WELL AS THE COMPARATIVE AND HISTORICAL SALARY AND BENEFIT INFORMATION IS SHARED WITH THE CHAIR AND VICE CHAIR FOR REVIEW AND POSSIBLE ADJUSTMENT IN THE CONTEXT OF THE COLLEGE'S ENTIRE BUDGET PROCESS. AT EACH APRIL MEETING OF THE EXECUTIVE COMMITTEE, THE PRESIDENT PRESENTS COMPENSATION RECOMMENDATIONS FOR EACH OFFICER ALONG WITH A SUMMARY OF THE COMPARATIVE AND HISTORICAL INFORMATION OUTLINED ABOVE TOGETHER WITH BRIEF COMMENTS ON EACH OFFICER'S PERFORMANCE. THE EXECUTIVE COMMITTEE DISCUSSES THESE RECOMMENDATIONS AND, BY RESOLUTION, APPROVES OR MODIFIES THE PRESIDENT'S RECOMMENDATIONS. THESE RECOMMENDATIONS, AS APPROVED BY THE EXECUTIVE COMMITTEE, ARE THEN PRESENTED TO THE FULL BOARD AT ITS APRIL MEETING FOR FINAL REVIEW AND ACTION. Form 990, Part VI, Line 19 Required documents available to the public THE COLLEGE'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE COLLEGE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE VIA THE WEBSITE. Form 990, Part VIII, Line 2f Other Program Service Revenue Printing - Total Revenue: 69405, Related or Exempt Function Revenue: , Unrelated Business Revenue: 69405, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Water and Timber Sales - Total Revenue: 195193, Related or Exempt Function Revenue: , Unrelated Business Revenue: 195193, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Indirect Cost Elimination - Total Revenue: -4981793, Related or Exempt Function Revenue: -4981793, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Other - Total Revenue: 6419283, Related or Exempt Function Revenue: 6419283, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other - Total Revenue: 65446, Related or Exempt Function Revenue: 65446, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances change in annuity payment liability of annuity contracts - 377789; change in funds held in trust by others - 6654000; annuity payments - -1658198; interest rate swaps - 1857000; BEREA INTERCHANGE DEVELOPMENT CORP STE 220 LINCOLN HALL BEREA KY 40404 611124566 HOLDS LAND KY 501(c)(2) BEREA COLLEGE true Berea College Science and Health Foundation Inc Lincoln Hall 220 Berea KY 40404 822539390 Real Estate Holding KY 501(c)(3) Type II Berea College true Berea College Leverage Lender Inc 101 Chestnut Street Berea KY 40403 Facilitated NMTC Financing Transaction KY 501(c)(3) Type II Berea College true 4 TRUSTS N/A CA NA Trust false 6 TRUSTS N/A KY NA Trust false 4 TRUSTS N/A CT NA Trust false 11 TRUSTS N/A OH NA Trust false 2 TRUSTS N/A VA NA Trust false 4 TRUSTS N/A FL NA Trust false 3 TRUSTS N/A GA NA Trust false 1 TRUST N/A MD NA Trust false 1 TRUST N/A NY NA Trust false 1 TRUST N/A ME NA Trust false 1 TRUST N/A TN NA Trust false 1 TRUST N/A LA NA Trust false 1 TRUST N/A MS NA Trust false 1 TRUST N/A AZ NA Trust false 2 TRUSTS N/A IL NA Trust false 1 TRUST N/A MN NA Trust false 1 TRUST N/A MO NA Trust false 1 TRUST N/A PA NA Trust false 2 TRUSTS N/A NC NA Trust false true false false true true false false false false false true false false false false false false false false Berea College Leverage Lender Inc A 37564 FAIR MARKET VALUE Berea College Leverage Lender Inc D 5754561 FAIR MARKET VALUE Berea College Leverage Lender Inc E 5754561 FAIR MARKET VALUE Berea College Science and Health Foundation Inc K 619635 FAIR MARKET VALUE