BERKELEY DIVINITY SCHOOL: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- BERKELEY DIVINITY SCHOOL (EIN 06-1013935)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-02-22
- IRS object ID
- 201620539349300147
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-22T16:43:25-06:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061071692 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARPER & WHITFIELD PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 314 FARMINGTON AVENUE | AddressLine1Txt |
| City | FARMINGTON | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061013935 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKELEY DIVINITY SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERK | BusinessNameControlTxt |
| Phone | 2034329285 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW MCGOWAN | PersonNm |
| Person Title | DEAN AND PRESIDENT | PersonTitleTxt |
| Phone | 2034329285 | PhoneNum |
| Signature | 2016-02-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD SHELANSKY CPA | PreparerPersonNm |
| PTIN | P00445857 | PTIN |
| Phone | 8606779188 | PhoneNum |
| Preparation | 2016-02-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANDREW MCGOWAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,170,007 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://BERKELEYDIVINITY.YALE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1854 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE STUDENTS FOR ORDINATION AS PRIESTS, OR TO SERVE AS LAY LEADERS IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 28 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $834,259 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,378,415 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,271 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,043 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,692,768 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,746,297 | CYInvestmentIncomeAmt |
| PY Other Revenue | $25,175 | PYOtherRevenueAmt |
| CY Other Revenue | $12,252 | CYOtherRevenueAmt |
| PY Total Revenue | $2,585,473 | PYTotalRevenueAmt |
| CY Total Revenue | $3,170,007 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $758,104 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $753,801 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $922,425 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $987,511 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $220,632 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $661,412 | PYOtherExpensesAmt |
| CY Other Expenses | $749,371 | CYOtherExpensesAmt |
| PY Total Expenses | $2,341,941 | PYTotalExpensesAmt |
| CY Total Expenses | $2,490,683 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $243,532 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $679,324 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,480,299 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,200,952 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $125,716 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $123,704 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $40,354,583 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $43,077,248 | NetAssetsOrFundBalancesEOYAmt |
| Mission | BERKELEY DIVINITY SCHOOL, AFFILIATED WITH YALE DIVINITY SCHOOL, IS A SEMINARY WHOSE MAIN PURPOSE IS TO PREPARE STUDENTS FOR ORDINATION AS PRIESTS, OR TO SERVE AS LAY LEADERS IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,418,155 | ExpenseAmt |
| Grant | $753,801 | GrantAmt |
| Revenue | $3,170,007 | RevenueAmt |
| Desc | PROGRAMS IN SUPPORT OF PREPARING STUDENTS FOR THE SACRED MINISTRY IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION. FIFTY-SIX STUDENTS WERE ENROLLED IN THE CURRENT YEAR. | Desc |
| Total Program Service Expenses | $1,418,155 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANDY LYNCH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2034328602 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1Txt |
| City | NEW HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06511 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Institutional TrusteeInstitutionalTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| THE REV DARREN ELIN | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES D KLOTE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL REXFORD THATCHER SR | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT KASS MD | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| G WILLIAM HAAS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV PATRICIA MITCHELL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV NICHOLAS PORTER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV CLAYTON THOMASON | ||||||||
| SECRETARY | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CHARLES ROYCE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV CANON WILL MEBANE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV GEOFFREY HOARE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN HARE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID R WILSON | ||||||||
| CHAIR & VICE CHAIR FINANCIAL AFFAIRS | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| THE RT REV HERMAN HOLLERITH | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE VERY REV STEPHEN CARLSEN | ||||||||
| VICE CHAIR | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CAROLYN DANIELS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE RT REV IAN DOUGLAS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD R GREENE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV JAMES B LEMLER | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCES ROWLAND | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW MOORE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV JOSEPH SEVILLE | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE REV HENRY EDENS | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSIE GUTGSELL | ||||||||
| TRUSTEE | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THE VERY REV ANDREW B MCGOWAN | ||||||||
| DEAN & PRESIDENT | 37.50 | Yes (X) | $62,500 | $0 | $8,171 | Yes (X) | ||
| GREGORY STERLING | ||||||||
| DEAN, YALE DIVINITY SCHOOL | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| LINDA LORIMER | ||||||||
| SECRETARY, YALE UNIVERSITY | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| EMILY BAKEMEIER | ||||||||
| DEPUTY PROVOST, YALE UNIVE | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| CLARK EVANS DOWNS | ||||||||
| COUNSEL | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PAMELA S WESLEY-GOMEZ | ||||||||
| DIRECTOR OF DEVELOPMENT | 37.50 | $128,416 | $0 | $16,996 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $190,916 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $25,167 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,378,415 | AllOtherContributionsAmt |
| Noncash Contributions | $72,238 | NoncashContributionsAmt |
| Total Contributions | $1,378,415 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| STUDENT INCOME | 900099 | $31,175 | $31,175 |
| CONTRACT INC-NON GOVT | 541700 | $1,868 | $1,868 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,043 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,746,297 | TotalRevenueColumnAmt |
| Exclusion | $1,746,297 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | VARIOUS RELATED SOURCES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $12,252 | TotalRevenueColumnAmt |
| Exclusion | $12,252 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,252 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,170,007 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,791,592 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $753,801 | TotalAmt |
| Program Services | $753,801 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,500 | TotalAmt |
| Program Services | $48,125 | ProgramServicesAmt |
| Management And General | $66,000 | ManagementAndGeneralAmt |
| Fundraising | $23,375 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $606,898 | TotalAmt |
| Program Services | $212,414 | ProgramServicesAmt |
| Management And General | $291,311 | ManagementAndGeneralAmt |
| Fundraising | $103,173 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,113 | TotalAmt |
| Program Services | $80,227 | ProgramServicesAmt |
| Management And General | $126,419 | ManagementAndGeneralAmt |
| Fundraising | $36,467 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,580 | TotalAmt |
| Management And General | $29,580 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,927 | TotalAmt |
| Management And General | $18,927 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,965 | TotalAmt |
| Program Services | $11,531 | ProgramServicesAmt |
| Management And General | $6,290 | ManagementAndGeneralAmt |
| Fundraising | $3,144 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,825 | TotalAmt |
| Program Services | $26,434 | ProgramServicesAmt |
| Management And General | $1,391 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,856 | TotalAmt |
| Program Services | $34,342 | ProgramServicesAmt |
| Management And General | $34,342 | ManagementAndGeneralAmt |
| Fundraising | $17,172 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,391 | TotalAmt |
| Program Services | $5,391 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,063 | TotalAmt |
| Management And General | $71,063 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,779 | TotalAmt |
| Program Services | $20,779 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| GENERAL SERVICES | $91,168 | $86,610 | $4,558 | $0 |
| REPAIRS AND MAINTENANCE | $64,078 | $0 | $64,078 | $0 |
| MEALS AND ENTERTAINMENT | $59,460 | $23,784 | $23,784 | $11,892 |
| RENTALS AND LEASES | $56,399 | $2,522 | $53,877 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,880 | TotalAmt |
| Program Services | $112,195 | ProgramServicesAmt |
| Management And General | $60,276 | ManagementAndGeneralAmt |
| Fundraising | $25,409 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,490,683 | TotalAmt |
| Program Services | $1,418,155 | ProgramServicesAmt |
| Management And General | $851,896 | ManagementAndGeneralAmt |
| Fundraising | $220,632 | FundraisingAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,325 | BOYAmt |
| EOY | $102,825 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,779,468 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $992,581 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $857,950 | BOYAmt |
| EOY | $786,887 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,114,716 | BOYAmt |
| EOY | $36,707,230 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,359,308 | BOYAmt |
| EOY | $5,604,010 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,480,299 | BOYAmt |
| EOY | $43,200,952 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $8,523 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,716 | BOYAmt |
| EOY | $115,181 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,716 | BOYAmt |
| EOY | $123,704 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,777,673 | BOYAmt |
| EOY | $4,558,420 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,728,858 | BOYAmt |
| EOY | $28,773,666 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,848,052 | BOYAmt |
| EOY | $9,745,162 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,354,583 | BOYAmt |
| EOY | $43,077,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,480,299 | BOYAmt |
| EOY | $43,200,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $679,324 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,043,341 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,114,716 | BeginningYearBalanceAmt |
| Contributions | $415,800 | ContributionsAmt |
| Investment Earnings Or Losses | $2,176,714 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $36,707,230 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,497,739 | BeginningYearBalanceAmt |
| Contributions | $328,937 | ContributionsAmt |
| Investment Earnings Or Losses | $4,288,040 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $34,114,716 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,580,208 | BeginningYearBalanceAmt |
| Contributions | $133,219 | ContributionsAmt |
| Investment Earnings Or Losses | $1,784,312 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $29,497,739 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,551,273 | BeginningYearBalanceAmt |
| Contributions | $183,706 | ContributionsAmt |
| Investment Earnings Or Losses | -$154,771 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $27,580,208 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,992,549 | BeginningYearBalanceAmt |
| Contributions | $966,642 | ContributionsAmt |
| Investment Earnings Or Losses | $3,592,082 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $27,551,273 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.08640 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.14950 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.76410 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $52,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $52,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,722,668 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $990,048 | DepreciationAmt |
| Book Value | $732,620 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,800 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,533 | DepreciationAmt |
| Book Value | $2,267 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $786,887 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | YALE UNIVERSITY INVESTMENT POOL | Desc |
| Book Value | $36,707,230 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $36,707,230 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS HELD IN TRUST AND UNDER SPLIT-INTEREST AGREEMENTS | $4,532,787 |
| DUE FROM YALE UNIVERSITY | $1,071,223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,604,010 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPLIT-INTEREST AGREEMENT | Desc |
| Amt | $115,181 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $115,181 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $5,213,348 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,043,341 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $2,043,341 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,170,007 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,170,007 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,490,683 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,490,683 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,490,683 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | ENDOWMENT FUNDS ARE PERMANENTLY OR TEMPORARILY RESTRICTED FOR THE PURPOSES OF SCHOLARSHIP AID, PROFESSORSHIP SUPPORT, BUILDING RENOVATION AND MAINTENANCE, LECTURESHIPS, SPIRITUALITY PROGRAMS, AND OTHER PURPOSES INTENDED TO SUPPORT THE EDUCATIONAL MISSION OF THE SEMINARY AND PREPARE STUDENTS TO SERVE IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP AND FINANCIAL AID | GrantTypeTxt |
| Recipient | 60 | RecipientCnt |
| Cash Grant | $753,801 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | BERKELEY DIVINITY SCHOOL MAINTAINS CERTAIN RESTRICTED ENDOWMENTS AND IS THE BENEFICIARY OF CERTAIN THIRD-PARTY TRUSTS FOR THE PURPOSE OF PROVIDING SCHOLARSHIP AID TO STUDENTS. THE INCOME FROM THESE FUNDS IS PAID DIRECTLY TO YALE UNIVERSITY PER THE TERMS OF THE AFFILIATION AGREEMENT. THE FINANCIAL AID OFFICE OF YALE DIVINITY SCHOOL IS RESPONSIBLE FOR DETERMINING THE FINANCIAL NEED AND ACADEMIC MERIT OF STUDENTS, AND FOR MAKING ALL SCHOLARSHIP/FINANCIAL AID AWARDS. GRANTS ARE AWARDED TO FACULTY AND STUDENTS FROM OUTSIDE AGENCIES AND THE FUNDS ARE SENT DIRECTLY TO THE UNIVERSITY TO BE MANAGED. ORIGINAL RECEIPTS ARE SUBMITTED TO PROVIDE SUBSTANTIATION OF EXPENSES AND FINAL REPORTS ARE FORWARDED TO THE SPONSORS. SEE SCHEDULE O. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE REV. ANDREW B. MCGOWAN, DEAN OF BERKELEY DIVINITY SCHOOL, IS PROVIDED ON CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT FOR THE BENEFIT OF THE EMPLOYER. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FELICITY JANE MCGOWAN HARLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SPOUSE OF THE DEAN | RelationshipDescriptionTxt |
| Transaction | $10,004 | TransactionAmt |
| Transaction | FACULTY SALARY WITH FULL DISCLOSURE AND APPROVAL OF THE BOARD. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $72,238 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK MARKET QUOTE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7B | THE "AUTHORITY AND RESPONSIBILITY" FOR THE BUDGET RESTS WITH YALE UNIVERSITY, WHICH SUBMITS THE FINAL BUDGET TO THE BERKELEY DIVINITY SCHOOL BOARD IN ITS FIDUCIARY ROLE FOR ACCEPTANCE "AS AN APPROPRIATE USE OF THE ENDOWMENTS AND GIFTS OF BERKELEY DIVINITY SCHOOL". |
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE THE RETURN IS FILED THE DEAN, DIRECTOR OF FINANCE & ADMINISTRATION, AND THE CHAIR OF THE AUDIT AND FINANCE COMMITTEES REVIEW THE RETURN AND APPROVE FOR SUBMISSION. COPIES, EXCLUDING SCHEDULE B, ARE THEN SHARED WITH THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BERKELEY DIVINITY SCHOOL CONFLICT OF INTEREST POLICY OBLIGATES EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE TO PROMPTLY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS DEFINED IN THE POLICY. EACH SUCH PERSON MUST SIGN A STATEMENT ANNUALLY AFFIRMING THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTOR AND MEMBERS OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE INTERESTED PERSON IS EXCUSED FROM THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS MADE, AND IS RECUSED FROM PARTICIPATING IN ANY VOTE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | BERKELEY DIVINITY SCHOOL, BY ITS AFFILIATION AGREEMENT WITH YALE UNIVERSITY, IS SUBJECT TO ALL OF THE POLICIES AND PROCEDURES AT THE UNIVERSITY, INCLUDING HUMAN RESOURCE COMPENSATION AND HIRING GUIDELINES. THESE FORMAL POLICIES EXTEND TO ALL EMPLOYEES, REGARDLESS OF POSITION. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART V, LINE 1A AND LINE 2A: | AN AFFILIATION AGREEMENT WAS SIGNED BETWEEN YALE UNIVERSITY AND BERKELEY DIVINITY SCHOOL. UNDER THE AFFILIATION AGREEMENT, BERKELEY AGREES TO REMIT TO YALE ALL OF ITS GROSS INCOME FROM WHATEVER SOURCE DERIVED INCLUDING ITS INCOME FROM ENDOWMENT AND OTHER FUNDS (INCLUDING RESTRICTED ENDOWMENT FUNDS) AND GIFTS FOR CURRENT USE. ALL SUCH AMOUNTS SHALL BE REMITTED TO YALE AS RECEIVED. ALL RECEIPTS AND ALL DISBURSEMENTS OF BERKELEY SHALL BE PROCESSED BY YALE WITH COPIES TO BERKELEY. THE FINANCIAL AND OPERATING OBJECTIVE IS TO PROVIDE A COMPARATIVELY STABLE AND GRADUALLY INCREASING STREAM OF PAYMENTS BY BERKELEY TO YALE. YALE SHALL HOLD SUCH SURPLUS, IF ANY, IN RESERVE AGAINST FUTURE BUDGETARY NEEDS OF BERKELEY. AS A RESULT OF THIS AGREEMENT, ALL W-2'S AND 1099'S ARE REPORTED BY YALE UNIVERSITY. |
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