BEREA COLLEGE: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: BEREA COLLEGE (EIN 61-0444650)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-02-14
IRS object ID: 201310459349301936
Schema version: 2011v1.5
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 C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-02-14T14:26:41-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	273858252	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DEAN DORTON ALLEN FORD PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	106 W VINE STREET SUITE 600	AddressLine1
City	LEXINGTON	City
State	KY	State
ZIP Code	40507	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	610444650	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	BEREA COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	BERE	NameControl
Phone	8599853082	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	LINCOLN HALL NO 220	AddressLine1
City	BEREA	City
State	KY	State
ZIP Code	40404	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEFFREY S AMBURGEY	Name
Title	VICE PRESIDENT FOR FINANCE	Title
Phone	8599853082	Phone
Date Signed	2013-02-13	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LEIGH MCKEE	Name
PTIN	P00169845	PTIN
Phone	8592552341	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JEFFREY S AMBURGEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	LINCOLN HALL NO 220	AddressLine1
City	BEREA	City
State	KY	State
ZIP Code	40404	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	334155714	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.BEREA.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1855	YearFormation
State Legal Domicile	KY	StateLegalDomicile
Activity Or Mission Description	POST-SECONDARY EDUCATIONAL INSTITUTION PROVIDING INSTRUCTION AND OTHER SERVICES TO STUDENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	29	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	29	NbrIndependentVotingMembers
Total Nbr Employees	745	TotalNbrEmployees
Total Nbr Volunteers	115	TotalNbrVolunteers
Total Gross UBI	194250	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	27340416	ContributionsGrantsPriorYear
Contributions Grants Current Year	40704327	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	17005161	ProgramServiceRevenuePriorYear
Program Service Revenue CY	17936768	ProgramServiceRevenueCY
Investment Income Prior Year	54511609	InvestmentIncomePriorYear
Investment Income Current Year	60930082	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1442045	OtherRevenuePriorYear
Other Revenue Current Year	1411930	OtherRevenueCurrentYear
Total Revenue Prior Year	100299231	TotalRevenuePriorYear
Total Revenue Current Year	120983107	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	3146254	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	4206983	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	31769083	SalariesEtcPriorYear
Salaries Etc Current Year	34331385	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	76258	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	51036	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	2564078	TotalFundrsngExpCurrentYear
Other Expense Prior Year	35916169	OtherExpensePriorYear
Other Expenses Current Year	45164098	OtherExpensesCurrentYear
Total Expenses Prior Year	70907764	TotalExpensesPriorYear
Total Expenses Current Year	83753502	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	29391467	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	37229605	RevenuesLessExpensesCY
Total Assets BOY	1240877069	TotalAssetsBOY
Total Assets EOY	1216583875	TotalAssetsEOY
Total Liabilities BOY	81848741	TotalLiabilitiesBOY
Total Liabilities EOY	87736244	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1159028328	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1128847631	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	BEREA COLLEGE (THE "COLLEGE") IS A NOT-FOR-PROFIT BACCALAUREATE INSTITUTION PROVIDING A LIBERAL ARTS EDUCATION TO STUDENTS WITH LIMITED FAMILY FINANCIAL RESOURCES. (CONTINUED ON SCHEDULE O PAGE 67)	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	24058323	Expense
Revenue	395328	Revenue
Description	INSTRUCTION - EXPENDITURES OF ACADEMIC DEPARTMENTS AND OTHER INSTRUCTION ACTIVITIES BENEFITING APPROXIMATELY 1,600 STUDENTS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	9104092	Expense
Revenue	1963564	Revenue
Description	STUDENT SERVICES - STUDENT SUPPORT SERVICES SUCH AS ADMISSIONS, STUDENT LIFE, HEALTH SERVICES, LABOR PROGRAM, AND FINANCIAL AID.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	7803917	Expense
Revenue	7998618	Revenue
Description	RESIDENCE HALLS AND FOOD SERVICE FOR STUDENTS.	Description

Activity Other ActivityOther (4 entries)

ExpenseExpense	RevenueRevenue	DescriptionDescription	GrantsGrants
7605584	779030	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.
11880331	613992	PUBLIC SERVICE - INCLUDES EXPENDITURES FOR THE UPWARD BOUND PROGRAM, EDUCATIONAL TALENT SEARCH, GEAR UP PROGRAM, PROMISE NEIGHBORHOOD, CONTINUING EDUCATION, EXTENSION AND OUTREACH PROGRAMS, AND COMMUNITY ASSISTANCE PROGRAMS THAT SUPPORT THE INSTITUTION'S MISSION OF SERVICE.
3807082	2531919	STUDENT INDUSTRIES COST OF OPERATIONS (EXCLUDING COST OF SALES) WHICH PROVIDE LABOR OPPORTUNITIES FOR STUDENTS.
3762733	3850000	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 $35,441,450. THESE EXPENSES ARE INCLUDED IN THE AREAS OF INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT, ETC.	3762733

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	27055730	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	3762733	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	7774941	TotalOfOtherProgramServiceRev
Total Program Service Expense	68022062	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	1	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	725	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	745	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	29	NbrVotingGoverningBodyMembers
Number Independent Voting Members	29	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	KY	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	JEFFREY S AMBURGEY	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8599853082	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	LINCOLN HALL NO 220	AddressLine1
City	BEREA	City
State	KY	State
ZIP Code	40404	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (41 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
ALLUMS VICKIE E
TRUSTEE	2.50	X	0	0	0
BEASON CHARLOTTE F
TRUSTEE	2.00	X	0	0	0
BLADE VANCE
TRUSTEE	2.00	X	0	0	0
BLAIR NANCY
TRUSTEE	2.50	X	0	0	0
BRIDY JOSEPH JOHN
TRUSTEE	2.00	X	0	0	0
CALDWELL LYNNE BLANKENSHIP
TRUSTEE	2.00	X	0	0	0
CALDWELL SCOTT
TRUSTEE	2.00	X	0	0	0
CHOW DAVID H
TRUSTEE	2.00	X	0	0	0
CULBRETH M ELIZABETH
TRUSTEE	2.00	X	0	0	0
DAVID CHELLA S
TRUSTEE	2.00	X	0	0	0
FLEMING JOHN E
TRUSTEE	2.00	X	0	0	0
HALE JERRY B
TRUSTEE	2.00	X	0	0	0
HALL DONNA S
TRUSTEE	2.00	X	0	0	0
JENKINS SCOTT M
TRUSTEE	2.50	X	0	0	0
JENNINGS GLENN R
TRUSTEE	2.00	X	0	0	0
JOHNSON SHAWN C D
TRUSTEE	2.50	X	0	0	0
LARSEN BRENDA TODD
TRUSTEE	2.00	X	0	0	0
LOWE JR EUGENE Y
TRUSTEE	2.50	X	0	0	0
MOSES HAROLD L
TRUSTEE	2.50	X	0	0	0
ORR DOUGLAS M
TRUSTEE	2.00	X	0	0	0
PHILLIPS THOMAS W
TRUSTEE	2.00	X	0	0	0
RICHARDSON WILLIAM B
TRUSTEE	2.00	X	0	0	0
ROOP DENNIS R
TRUSTEE	2.00	X	0	0	0
SEABURY II CHARLES WARD
TRUSTEE	2.00	X	0	0	0
SHELTON DAVID E
CHAIR	7.00	X	0	0	0
THOMPSON TYLER S
TRUSTEE	2.50	X	0	0	0
WILLIAMS DAWNEDA F
TRUSTEE	2.00	X	0	0	0
YAHNG ROBERT T
TRUSTEE	2.50	X	0	0	0
ZEIGLER STEPHANIE BOWLING
TRUSTEE	2.00	X	0	0	0
SHINN LARRY D
PRESIDENT	60.00		254553	0	58180	X
BERRY CHAD
ACADEMIC VP & DEAN OF FACULTY	50.00		121038	0	17407	X
JANSSEN MICHELLE
VP FOR ALUMNI & COLLEGE RE	50.00		91827	0	10674	X
KARCHER STEVEN D
VP FOR OPER & SUSTAINABILI	50.00		148621	0	19934	X
AMBURGEY JEFFREY S
VICE PRESIDENT FOR FINANCE	50.00		137811	0	19294	X
WOLFORD GAIL W
VP FOR LABOR & STUDENT LIF	50.00		130496	0	13861	X
WILSON II JUDGE B
SECRETARY/GENERAL COUNSEL	40.00		214223	0	25156	X
BAGNOLI JOE
DEAN OF ENROLLMENT/ACAD. SVCS	40.00		117317	0	17791		X
HACKBERT PETER
PROFESSOR/CO-DIR OF EPG	40.00		106988	0	11670		X
LYMPANY JOHN A
CHIEF INFORMATION OFFICER	40.00		124593	0	17936		X
STARNES BOBBY
PROFESSOR/PROG. COORD. ED. STUDIES	40.00		103737	0	11273		X
LARAMEE WILLIAM
FORMER VP FOR ALUMNI & COLLEGE RELATIONS	40.00		139623	0	10301			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1690827	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	233477	TotalOtherCompensation
Number Individuals GT100 K	11	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
HASTINGS & CHIVETTA INC
101 S HANLEY ST	ST LOUIS	MO	63105	ARCHITECTURAL SERVICES	1016139
STATE STREET GLOBAL ADVISORS
1 LINCOLN STREET	BOSTON	MA	02111	INVESTMENT MANAGER	925941
HIRTLE CALLAGHAN & CO
300 BARR HARBOR DRIVE	WEST CONSHOHOCKEN	PA	19428	INVESTMENT SERVICES	423874
BANK OF NEW YORK MELLON
209 WEST JACKSON BLVD	CHICAGO	IL	60606	INVESTMENT CUSTODY SERVICES	248080
ROSS-TARRANT ARCHITECTS INC
101 OLD LAFAYETTE AVE	LEXINGTON	KY	40502	ARCHITECTURAL SERVICES	232954

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	9	NumberOfContractorsGT100K
Government Grants	14015203	GovernmentGrants
All Other Contributions	26689124	AllOtherContributions
Noncash Contributions	558367	NoncashContributions
Total Contributions	40704327	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RESIDENCE/FOOD SVC REV	721310	7791023	7791023
GRANTS FOR EDUC FEES	611710	3850000	3850000
BOONE TAVERN	721110	2531919	2531919
FEES/INS PD BY STDNTS	611710	1599296	1599296
OH FROM GOVT CONTRACTS	900099	219555	219555

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1944975	TotalRevenueColumn
Related Or Exempt Function Income	1670472	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	274503	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Program Service Revenue	17936768	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	18429209	TotalRevenueColumn
Unrelated Business Revenue	-80253	UnrelatedBusinessRevenue
Exclusion	$18,509,462	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	33848	TotalRevenueColumn
Exclusion	$33,848	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	543475	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	300756	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	242719	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	242719	TotalRevenueColumn
Exclusion	$242,719	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	254114966	Securities
Other	65390	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	211679032	Securities
Other	451	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	42435934	Securities
Other	64939	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	42500873	TotalRevenueColumn
Exclusion	$42,500,873	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	1311743	GrossSalesOfInventory
Cost Of Goods Sold	1192368	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	119375	TotalRevenueColumn
Exclusion	$119,375	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
CHILD DEVELOPMENT LAB	624410	444202	$444,202
GIFT ANNUITY ADMIN	525990	125392		125392
HEALTH SERVICE	900099	105089		105089

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	341305	TotalRevenueColumn
Related Or Exempt Function Income	239705	RelatedOrExemptFunctionIncome
Exclusion	$101,600	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	1015988	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	120983107	TotalRevenueColumn
Related Or Exempt Function Income	18132451	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	194250	UnrelatedBusinessRevenue
Exclusion	$61,952,079	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	444250	Total
Program Services	444250	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	3762733	Total
Program Services	3762733	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1510163	Total
Program Services	359881	ProgramServices
Management And General	945268	ManagementAndGeneral
Fundraising	205014	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	27212969	Total
Program Services	19837312	ProgramServices
Management And General	6024459	ManagementAndGeneral
Fundraising	1351198	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1669429	Total
Program Services	1190934	ProgramServices
Management And General	394232	ManagementAndGeneral
Fundraising	84263	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2224937	Total
Program Services	1587220	ProgramServices
Management And General	525414	ManagementAndGeneral
Fundraising	112303	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1713887	Total
Program Services	1222649	ProgramServices
Management And General	404731	ManagementAndGeneral
Fundraising	86507	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	23305	Total
Management And General	23305	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	102403	Total
Management And General	102403	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	16173	Total
Program Services	16173	ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	51036	Total
Fundraising	51036	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	1982701	Total
Management And General	1982701	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	83814	Total
Program Services	68146	ProgramServices
Management And General	15668	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	665680	Total
Program Services	606320	ProgramServices
Management And General	48424	ManagementAndGeneral
Fundraising	10936	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1605760	Total
Program Services	466720	ProgramServices
Management And General	1139040	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	5203697	Total
Program Services	4907802	ProgramServices
Management And General	247109	ManagementAndGeneral
Fundraising	48786	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1439977	Total
Program Services	1224174	ProgramServices
Management And General	166489	ManagementAndGeneral
Fundraising	49314	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	2206411	Total
Program Services	2004653	ProgramServices
Management And General	192926	ManagementAndGeneral
Fundraising	8832	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	6683765	Total
Program Services	6227832	ProgramServices
Management And General	455933	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	368279	Total
Program Services	115795	ProgramServices
Management And General	248912	ManagementAndGeneral
Fundraising	3572	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
OUTREACH PROGRAMS	8389347	8389347
RESIDENCE HALLS AND FOO	5396614	5396614
REPAIRS & MAINTENANCE	2749723	2549639	163604	36480
BOONE TAVERN	2506588	2506588

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	5739861	Total
Program Services	5137280	ProgramServices
Management And General	86744	ManagementAndGeneral
Fundraising	515837	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	83753502	Total
Program Services	68022062	ProgramServices
Management And General	13167362	ManagementAndGeneral
Fundraising	2564078	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	49615614	BOY
EOY	50417011	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	9507905	BOY
EOY	22947201	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1701272	BOY
EOY	5799628	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1199901	BOY
EOY	1283401	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1168763	BOY
EOY	1109044	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	213172252	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	72206689	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	143076757	BOY
EOY	140965563	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	717354700	BOY
EOY	748724800	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	313447600	BOY
EOY	243215200	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	1394638	BOY
EOY	1336712	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2409919	BOY
EOY	785315	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1240877069	BOY
EOY	1216583875	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	6814028	BOY
EOY	11568603	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	182428	BOY
EOY	198518	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	57920634	BOY
EOY	55286711	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	16931651	BOY
EOY	20682412	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	81848741	BOY
EOY	87736244	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	522911190	BOY
EOY	501766649	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	366689029	BOY
EOY	356849577	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	269428109	BOY
EOY	270231405	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1159028328	BOY
EOY	1128847631	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1240877069	BOY
EOY	1216583875	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	37229605	ReconcilationRevenueExpenses
Reconcilation Other Changes	-67410302	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	Volunteers
Paid Staff Or Management	0	PaidStaffOrManagement
Media Advertisements	0	MediaAdvertisements
Mailings Members	0	MailingsMembers
Publications Or Broadcast	0	PublicationsOrBroadcast
Grants Other Organizations	0	GrantsOtherOrganizations
Direct Contact Legislators	0	DirectContactLegislators
Rallies Demonstrations	0	RalliesDemonstrations
Other Activities	1	OtherActivities
Other Activities	$16,173	OtherActivitiesAmount
Total Lobbying Expenditures IIB	16173	TotalLobbyingExpendituresIIB
Not Described In501c3	0	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF LOBBYING ACTIVITIES:	Identifier
Return Reference	PART II-B, LINE 1:	ReturnReference
Explanation	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 $16,173.	Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Assets In Part X	4097531	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition

Collection Used For Other CollectionUsedForOther

Field	Value	IRS element (for citing)
Collection Used For Other Purposes	X	CollectionUsedForOtherPurposes
Description Of Other Purposes	EDUCATION	DescriptionOfOtherPurposes

Field	Value	IRS element (for citing)
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	978734900	BeginningOfYearBalance
Contributions	9944280	Contributions
Investment Earnings Or Losses	-1064531	InvestmentEarningsOrLosses
Grants Or Scholarships	34378134	GrantsOrScholarships
Other Expenditures	8635814	OtherExpenditures
Administrative Expenses	1982701	AdministrativeExpenses
End Of Year Balance	942618000	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	846776300	BeginningOfYearBalance
Contributions	13830697	Contributions
Investment Earnings Or Losses	166222757	InvestmentEarningsOrLosses
Grants Or Scholarships	37933666	GrantsOrScholarships
Other Expenditures	7951819	OtherExpenditures
Administrative Expenses	2209369	AdministrativeExpenses
End Of Year Balance	978734900	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	791209800	BeginningOfYearBalance
Contributions	16658598	Contributions
Investment Earnings Or Losses	89200667	InvestmentEarningsOrLosses
Grants Or Scholarships	38192611	GrantsOrScholarships
Other Expenditures	10100766	OtherExpenditures
Administrative Expenses	1999388	AdministrativeExpenses
End Of Year Balance	846776300	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1023254700	BeginningOfYearBalance
Contributions	30496973	Contributions
Investment Earnings Or Losses	-210215725	InvestmentEarningsOrLosses
Grants Or Scholarships	37489192	GrantsOrScholarships
Other Expenditures	13058517	OtherExpenditures
Administrative Expenses	1778439	AdministrativeExpenses
End Of Year Balance	791209800	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.44150	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.55820	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00030	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1736391	OtherCostOrOtherBasis
Book Value	1736391	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	192021239	OtherCostOrOtherBasis
Depreciation	63069019	Depreciation
Book Value	128952220	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15317091	OtherCostOrOtherBasis
Depreciation	9137670	Depreciation
Book Value	6179421	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4097531	OtherCostOrOtherBasis
Book Value	4097531	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	140965563	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
PRIVATE EQUITY	78736100	F
HEDGE FUNDS	149575300	F
REAL ESTATE	14903800	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	243215200	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (8 entries)

DescriptionDescription	AmountAmount
AGENCY FUNDS	$502,421
REVOCABLE GIFT AGREEMENTS	$61,000
FUTURE PYMT LIAB ON ANNUITY CONTRACTS	$11,571,500
WORKERS COMP - LONG TERM PORTION	$181,800
LONG TERM PORTION ASSET RETIREMENT LIABILITY	$632,333
457(B) PLAN	$123,318
INTEREST RATE SWAP	$7,526,400
CAPITAL LEASE OBLIGATIONS	$83,640

Field	Value	IRS element (for citing)
Total Of Amounts	20682412	TotalOfAmounts
Total Revenue	120983107	TotalRevenue
Total Expenses	83753502	TotalExpenses
Excess Or Deficit For Year	37229605	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-61958378	NetUnrealizedGLOnInvestments
Other	-$5,451,924	OtherAmount
Total Adjustments	-67410302	TotalAdjustments
Excess Or Deficit Per FS	-30180697	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	49320495	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-61958378	NetUnrealizedGainsInvestments
Other Revenues	-2041510	OtherRevenues
Revenue Not Rptd F990	-63999888	RevenueNotRptdF990
Revenue Subtotal	113320383	RevenueSubtotal
Investment Expenses Not Included	1982701	InvestmentExpensesNotIncluded
Other Revenues Not Included	5680023	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	7662724	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	120983107	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	79501192	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	1493124	OtherExpensesIncluded
Expenses Not Rptd F990	1493124	ExpensesNotRptdF990
Expenses Subtotal	78008068	ExpensesSubtotal
Investment Expenses Not Included2	1982701	InvestmentExpensesNotIncluded2
Other Expenses Not Included	3762733	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	5745434	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	83753502	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART III, LINE 4:	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'S APPALACHIAN ARTIFACTS AND EXHIBITS STUDIO 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 HIGHLIGHTS INCLUDE: MOUNTAIN REGION LIFE CIRCA 1850-1940; REGIONAL CRAFT TRADITIONS, ESPECIALLY TEXTILES, POTTERY AND WOODWORKING; STEREOTYPES OF APPALACHIAN PEOPLE; AND BEREA COLLEGE HISTORY.
PART V, LINE 4:	BEREA COLLEGE (THE COLLEGE) PROVIDES A LIBERAL ARTS EDUCATION TO STUDENTS WITH LIMITED FAMILY FINANCIAL RESOURCES PRIMARILY FROM THE SOUTHERN APPALACHIAN MOUNTAIN REGION, FROM WHICH IT DRAWS TYPICALLY 75% - 80% OF ITS STUDENTS. THE BALANCE COMES FROM ALL STATES IN THE U.S. AND IN A TYPICAL YEAR, FROM MORE THAN 60 OTHER COUNTRIES. ALL STUDENTS ARE PROVIDED A FULL TUITION SCHOLARSHIP AND, ACCORDINGLY, THE COLLEGE IS DEPENDENT ON GIFTS AND DONATIONS TO HELP PROVIDE A LOW COST BUT HIGH QUALITY EDUCATION. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE FOLLOWS THE POLICY OF DESIGNATING ALL UNRESTRICTED BEQUESTS AS ADDITIONS TO THE TUITION REPLACEMENT FUNDS. AS OF JUNE 30, 2012, THE COLLEGE HAS APPROXIMATELY 4,700 INDIVIDUAL ENDOWMENT FUNDS OF WHICH APPROXIMATELY 1,950 ARE DONOR-RESTRICTED FUNDS THAT ARE USED TO PROVIDE FUNDING FOR COST OF EDUCATION FOR STUDENTS, DIRECT STUDENT AID, VARIOUS ACADEMIC SUPPORT PROGRAMS, AND OTHER RESTRICTED USES.	DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X:	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 2009.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	CHANGE IN ANNUITY PAYMENT LIABILITY OF ANNUITY CONTRACTS 1,584,066. CHANGE IN FUNDS HELD IN TRUST BY OTHERS -715,200. ANNUITY PAYMENTS -1,917,290. INTEREST RATE SWAPS -4,403,500. TOTAL TO SCHEDULE D, PART XI, LINE 8: -5,451,924.	PART XI, LINE 8 - OTHER ADJUSTMENTS:
	COST OF SALES NETTED AGAINST INCOME ON 990 1,192,368. RENTAL EXPENSES NETTED AGAINST INCOME ON 990 300,756. CURRENT YEAR'S ADJUSTMENT ON FUTURE ANNUITY PAYMENTS 1,584,066. CHANGE IN FUNDS HELD BY OTHERS -715,200. INTEREST RATE SWAPS -4,403,500.	PART XII, LINE 2D - OTHER ADJUSTMENTS:
	STUDENT AID GRANTS NETTED AGAINST INCOME ON FINANCIAL STATEMENTS 3,762,733. PAYMENTS TO ANNUITANTS 1,917,290.	PART XII, LINE 4B - OTHER ADJUSTMENTS:
	COST OF SALES NETTED AGAINST INCOME ON 990 1,192,368. RENTAL EXPENSES NETTED AGAINST INCOME ON 990 300,756.	PART XIII, LINE 2D - OTHER ADJUSTMENTS:
	STUDENT AID GRANTS NETTED AGAINST INCOME ON FINANCIAL STATEMENTS 3,762,733.	PART XIII, LINE 4B - OTHER ADJUSTMENTS:

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	0	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION	SCHEDULE E, PART I, LINE 3	BEREA COLLEGE IS EXEMPT FROM PUBLICIZING ITS NONDISCRIMINATORY POLICY BY NEWSPAPER OR BROADCAST MEDIA BECAUSE IT CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF STUDENTS FROM LARGE GEOGRAPHIC SECTIONS OF THE UNITED STATES. ADDITIONALLY, IT CURRENTLY ENROLLS MEANINGFUL NUMBERS OF RACIAL MINORITIES. ITS PROMOTIONAL & RECRUITING EFFORTS ARE REASONABLY INTENDED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS OF THE AVAILABILITY OF SCHOOL.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE	SCHEDULE E, PART I, LINE 6	BEREA COLLEGE RECEIVES FEDERAL STUDENT AID ON BEHALF OF ENROLLED STUDENTS. THE COLLEGE ALSO RECEIVES AN APPROPRIATION THROUGH ITS DESIGNATION AS A WORK COLLEGE.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (10 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures	Specific Services ProvidedSpecificServicesProvided
EUROPE (INCLUDING ICELAND & GREENLAND) -	INVESTMENTS	11834000
CENTRAL AMERICA AND THE CARIBBEAN -	INVESTMENTS	137459000
SUB-SAHARAN AFRICA - ANGOLA,	PROGRAM SERVICE	99149	INSTRUCTION
EUROPE (INCLUDING ICELAND & GREENLAND) -	PROGRAM SERVICE	194928	INSTRUCTION
CENTRAL AMERICA AND THE CARIBBEAN -	PROGRAM SERVICE	28475	STUDY ABROAD
EAST ASIA AND THE PACIFIC -	PROGRAM SERVICE	23205	STUDY ABROAD
EUROPE (INCLUDING ICELAND & GREENLAND) -	PROGRAM SERVICE	290130	STUDY ABROAD
NORTH AMERICA - CANADA AND MEXICO, BUT	PROGRAM SERVICE	17028	STUDY ABROAD
SOUTH AMERICA - ARGENTINA, BOLIVIA,	PROGRAM SERVICE	25303	STUDY ABROAD
SUB-SAHARAN AFRICA - ANGOLA,	PROGRAM SERVICE	69268	STUDY ABROAD

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	149945915	SubtotalAmountSpent
Cont Amount Spent	94571	ContAmountSpent
Total Amount Spent	150040486	TotalAmountSpent
Transfer To Foreign Corp	1	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	1	OwnForeignCorp
Passive Foreign Invest Co	1	PassiveForeignInvestCo
Foreign Partnership	1	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Agreement Ref Fundraising	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

Field	Value	IRS element (for citing)
Business Name Line1	MEYER PARTNERS LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1701 E WOODFIELD RD STE 425	AddressLine1
City	SCHAUMBURG	City
State	IL	State
ZIP Code	60173	ZIPCode

Field	Value	IRS element (for citing)
Activity	CONSULTING SERVICES FOR MAILINGS & SOLICITATIONS	Activity
Fundraiser Control Of Funds	0	FundraiserControlOfFunds
Gross Receipts	252839	GrossReceipts
Amount Retained By Contractor	51036	AmountRetainedByContractor
Net To Organization	201803	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	252839	TotalGrossReceipts
Total Retained By Contractors	51036	TotalRetainedByContractors
Total Net To Organization	201803	TotalNetToOrganization
Licensed States	AL	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	DC	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	IL	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	KY	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NJ	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	SC	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	WA	LicensedStates
Licensed States	WY	LicensedStates

Form990 Schedule G Part IV Form990ScheduleGPartIV

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF FUNDRAISING PAYMENTS	Identifier
Return Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	ReturnReference
Explanation	IN ADDITION TO THE AMOUNT PAID FOR CONSULTING SERVICES REPORTED IN PART I, THE VENDOR WAS PAID $56,282 IN EXPENSE REIMBURSEMENTS FOR POSTAGE, MATERIALS, AND TRAVEL. THE CONTRACT SPECIFIES THE VENDOR MAY NOT PURCHASE ANY GOODS OR SERVICES WITHOUT THE PRIOR APPROVAL OF THE COLLEGE. EXPENSES ARE BILLED AT COST. THE VENDOR MUST PERIODICALLY PREPARE AND REMIT AN ITEMIZED RECONCILIATION OF ALL EXPENSES INCURRED RELATIVE TO THE AGREEMENT.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (28 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
THE DAVID SCHOOL
PO BOX 1	DAVID	KY	41616	310889471	501(C)(3)	25000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
FRONTIER NURSING SERVICE
132 FNS DR	WENDOVER	KY	41775	611124266	501(C)(3)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
HENDERSON SETTLEMENT INC
PO BOX 205	FRAKES	KY	40940	610674965	501(C)(3)	25000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
HINDMAN SETTLEMENT SCHOOL INC
PO BOX 844	HINDMAN	KY	41822	610447248	501(C)(3)	40000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
FRIENDS OF PAINT LICK
PO BOX 10	PAINT LICK	KY	40461	611186462	501(C)(3)	3000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
LEND A HAND CENTER
3234 KY 718	WALKER	KY	40997	610675390	501(C)(3)	15000	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)	3000	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)	25000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
HOSPICE CARE PLUS
208 KIDD DRIVE	BEREA	KY	40403	311038258	501(C)(3)	18000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
UNIVERSITY OF KENTUCKY-DIABETES IN CHILDERN
219 STURGILL DEVELOPMENT BUILDING	LEXINGTON	KY	40506	616001218	501(C)(3)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
BEREA HOSPITAL LIGHTS FOR LIFE
305 ESTILL STREET	BEREA	KY	40403	610624017	501(C)(3)	10000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
NEW OPPORTUNITY SCHOOL
204 CHESTNUT STREET	BEREA	KY	40403	611323868	501(C)(3)	25000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
SCHOOL SISTERS OF ST FRANCIS
1501 LAYTON BLVD	MILWAUKEE	WI	53215	391594407	501(C)(3)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
PAINT LICK FAMILY CLINIC INC
11652 HWY 52 PO BOX 65	PAINT LICK	KY	40461	611362819	501(C)(3)	41500	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)	5000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
BIG SANDY AREA CHILD ADVOCACY CENTER
128 SOUTH COLLEGE ST	PIKEVILLE	KY	41501	611366084	501(C)(3)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
PINE MOUNTAIN SETTLEMENT SCHOOL
36 HIGHWAY 510	BLEDSOE	KY	40810	610444789	501(C)(3)	23750	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)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
EPISCOPAL DIOCESE OF LEXINGTON
635 MAXWELTON COURT	LEXINGTON	KY	40508	610536772	501(C)(3)	12500	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
BETHANY HOUSE ABUSE SHELTER
PO BOX 864	SOMERSET	KY	42502	611276558	501(C)(3)	21500	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
APPALSHOP INC
91 MADISON AVE	WHITESBURG	KY	41858	610890210	501(C)(3)	15000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
KENTUCKY APPALACHIAN ARTISAN
16 WEST MAIN STREET	HINDMAN	KY	41822	611369294	501(C)(3)	7500	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
KIDS FIRST DENTAL SERVICES
119 PINE STREET	BARBOURVILLE	KY	40906	264710594	501(C)(3)	7500	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)	9000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
ST VINCENT MISSION INC
P O BOX 232	DAVID	KY	41616	610961940	501(C)(3)	8000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
BIG UGLY COMMUNITY CENTER
1701 5TH AVENUE	CHARLESTON	WV	25312	550746556	501(C)(3)	10000	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)	10000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION
UNION CHURCH
213 PROSPECT ST	BEREA	KY	40403	610444677	501(C)(3)	9000	SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	28	TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS/STUDENT AID GRANTS - INCLUDES PRIMARILY ROOM AND BOARD, BOOKS & SUPPLIES ASSISTANCE. THE AMOUNT OF FULL TUITION SCHOLARSHIPS FOR THE FISCAL YEAR WAS $35,441,450.	TypeOfGrant
Number Of Recipients	1601	NumberOfRecipients
Amount Of Cash Grant	3762733	AmountOfCashGrant
Description Of Non Cash Assistance	N/A	DescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: 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. PREVIOUSLY UNFUNDED 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. 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.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
SHINN LARRY D
254072	0	0	0	481	0	36100	0	22080	0	312733	0	0	0
KARCHER STEVEN D
148621	0	0	0	0	0	12280	0	7654	0	168555	0	0	0
AMBURGEY JEFFREY S
137811	0	0	0	0	0	11608	0	7686	0	157105	0	0	0
WILSON II JUDGE B
214223	0	0	0	0	0	17480	0	7676	0	239379	0	0	0
LARAMEE WILLIAM
99623	0	0	0	40000	0	7027	0	3274	0	149924	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 1A	ReturnReference
Explanation	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. BEREA COLLEGE IS RESPONSIBLE FOR FURNISHING AND MAINTAINING THE HOUSE FOR THE PRESIDENT. THE PRESIDENT RECEIVES CHEF SERVICES WHEN PREPARING FOR OFFICIAL MEETINGS AND EVENTS. 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.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
CITY OF BEREA KENTUCKY (SCHEDULE 1)
616001787	083536BE1	2003-12-11	10240000	VARIOUS CAPITAL PROJECTS & REFUND BONDS ISSUED 3/16/1994	0	0	0
CITY OF BEREA KENTUCKY (SCHEDULE 1)
616001787	083536BW1	2005-09-27	8939461	CENTRAL HEAT PLANT AND VARIOUS CAPITAL RETROFITS	0	0	0
CITY OF BEREA KENTUCKY (SCHEDULE 1)
616001787	083536BD3	2003-07-08	21324607	REFUND BONDS ISSUED 6/6/2001 FOR VARIOUS CAPITAL PROJECTS	0	0	0
CITY OF BEREA KENTUCKY (SCHEDULE 1)
616001787		2008-07-07	4500000	EMERY BUILDING RENOVATION	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capitalized InterestCapitalizedInterest
2290000	10253342	5017092	5236250	2004	1	1	1
1695000	9064215	9064215		2006	0	1	1
4335000	21324607		21172897	2003	1	1	1	151710
1163289	4636531	4000244	499756	2009	0	1	1		136531

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	1
0	0	0	0	1
0	0	0	0	1
0	0	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
UBS AG
0	1	1	25.500000000000	0	0	0	0	1
(no name)
0	0	0				0	0	1
(no name)
0	0	0				0	0	1
(no name)
0	0	0				0	0	1

Form990 Schedule K Part VI Form990ScheduleKPartVI

Field	Value	IRS element (for citing)
Identifier	SCHEDULE K, PART II, LINE 3	Identifier
Return Reference	SCHEDULE 1 - TOTAL PROCEEDS OF ISSUE:	ReturnReference
Explanation	PROCEEDS INCLUDE THE FOLLOWING INVESTMENT EARNINGS AMOUNTS: COLUMN A: $13,342 COLUMN B: $124,754 COLUMN D: $136,531	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	CITY OF BEREA KENTUCKY (SCHEDULE 2)	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	616001787	IssuerEIN
Date Issued	2010-12-29	DateIssued
Issue Price	7330000	IssuePrice
Description Of Purpose	REFUND BONDS ISSUED 1997, 1998 AND 2000 FOR VARIOUS CAPITAL PROJECTS	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer
Pool Financing	0	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Amount Retired	1550000	AmountRetired
Total Proceeds	7330000	TotalProceeds
Other Spent Proceeds	7330000	OtherSpentProceeds
Year Of Subst Completion	2010	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	0	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	1	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
STATE STREET GLOBAL ADVISORS
TRUSTEE	925941	SSGA FEES SHAWN JOHNSON IS A TRUSTEE OF BEREA COLLEGE, AND IS A KEY EMPLOYEE OF STATE STREET GLOBAL ADVISORS, WHICH IS ONE OF THE COLLEGE'S ENDOWMENT INVESTMENT MANAGERS. MR. JOHNSON RECUSES HIMSELF FROM ALL DECISIONS PERTAINING TO STATE STREET GLOBAL ADVISORS. AMOUNT OF TRANSACTION INCLUDES INVESTMENT FEES PAID TO STATE STREET FOR FYE 6/30/12. NO FEES WERE PAID TO MR. JOHNSON BY THE COLLEGE.	0
NANCY SHINN
PRESIDENT'S SPOUSE	40899	SALARY: NANCY SHINN IS THE SPOUSE OF PRESIDENT LARRY D. SHINN 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 PARTICIPATING AS A MEMBER OF OFFICIAL COLLEGE DELEGATIONS; REPRESENTING THE COLLEGE AT A VARIETY OF INSTITUTIONAL, COMMUNITY, STATE, AND NATIONAL EVENTS; OFFICIATING OR HOSTING COLLEGE CEREMONIES AND CELEBRATIONS FOR FACULTY, STAFF, STUDENTS, ALUMNI, AND THE BROADER COMMUNITY; ATTENDING EDUCATIONAL CONFERENCES AND PROFESSIONAL MEETINGS NATIONALLY AND INTERNATIONALLY; ASSISTING THE PRESIDENT, AS APPROPRIATE, IN THE CULTIVATION OF GIFTS TO THE COLLEGE THROUGH PRIVATE DONORS, FOUNDATIONS AND BUSINESS ORGANIZATIONS; AND OTHER RESPONSIBILITIES AS ASSIGNED.	0
NOREEN KARCHER
VICE PRESIDENT'S SPOUSE	33257	SALARY: NOREEN KARCHER IS THE SPOUSE OF VICE PRESIDENT FOR OPERATIONS AND SUSTAINABILITY STEVEN D. KARCHER, AND IS EMPLOYED BY BEREA COLLEGE AS A FINANCIAL AID SPECIALIST.	0
DELTA NATURAL GAS
TRUSTEE	778439	DELTA GAS GLENN JENNINGS IS A TRUSTEE OF BEREA COLLEGE, AND THE CHAIRMAN OF THE BOARD, PRESIDENT, AND CEO OF DELTA NATURAL GAS COMPANY, INC. AND ITS THREE WHOLLY-OWNED SUBSIDIARY COMPANIES. DELTA SELLS GAS TO THE COLLEGE AND TRANSPORTS FOR ONE OF THE SUBSIDIARY COMPANIES, DELTA RESOURCES, INC. DELTA RESOURCES SELLS GAS TO THE COLLEGE. MR. JENNINGS DOES NOT PARTICIPATE IN THE COLLEGE'S NEGOTIATIONS WITH DELTA RESOURCES. HE DOES NOT PARTICIPATE IN DECISION MAKING OF THE COLLEGE REGARDING ITS GAS PURCHASES.	0

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	72	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	6802	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	44	NumberOfContributions
Noncash Contribs Rptd F990	522562	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Historical Artifacts HistoricalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	9	NumberOfContributions
Noncash Contribs Rptd F990	581	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	MISCELLANEOUS	1	8	FAIR MARKET VALUE
X	SUBSCRIPTIONS	1	2913	FAIR MARKET VALUE
X	SUPPLIES FOR ART DEPARTMENT	11	5135	FAIR MARKET VALUE
X	TOOLS FOR STUDENT CRAFTS	11	20294	FAIR MARKET VALUE

Field	Value	IRS element (for citing)
Number Of8283 Received	4	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 WILL BE REVIEWED BY A SUBCOMMITTEE APPOINTED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE REVIEW WILL OCCUR IN JANUARY AND FEBRUARY OF EACH YEAR AND WILL INCLUDE AT LEAST ONE CONFERENCE CALL FOR DISCUSSION. FORM 990 WILL BE DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO THE FEBRUARY MEETING AND THE FILING DATE OF THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	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. COMPLETED 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. 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, SECTION B, LINE 15	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 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 MAY 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. 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 MAY 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 MAY MEETING FOR FINAL REVIEW AND ACTION.
FORM 990, PART VI, SECTION C, LINE 19	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 VII	TRUSTEES ATTEND THREE REGULAR BOARD MEETINGS ANNUALLY. EACH MEETING REQUIRES A TIME COMMITMENT OF AT LEAST TWO DAYS. ALL TRUSTEES ARE PROVIDED A SUBSTANTIAL VOLUME OF MATERIALS PRIOR TO EACH MEETING AND ONLINE DISCUSSION BOARDS ARE PROVIDED IN ORDER TO ALLOW SOME MATTERS TO BE DISCUSSED PRIOR TO ACTUAL MEETING DATES. THE BOARD CHAIR AND COMMITTEE CHAIRS HAVE ADDITIONAL RESPONSIBILITIES AND MUST DEVOTE MORE TIME TO PREPARATION. FROM TIME TO TIME SPECIAL TELEPHONIC COMMITTEE MEETINGS AND/OR PHYSICAL MEETINGS ARE REQUIRED TO ADDRESS ISSUES THAT REQUIRE DISCUSSION OR DECISIONS BEFORE THE NEXT REGULARLY SCHEDULED MEETING.	TRUSTEE TIME COMMITMENT
FORM 990, PART XI, LINE 5:	NET UNREALIZED LOSSES ON INVESTMENTS: -61,958,378. CHANGE IN ANNUITY PAYMENT LIABILITY OF ANNUITY CONTRACTS 1,584,066. CHANGE IN FUNDS HELD IN TRUST BY OTHERS -715,200. ANNUITY PAYMENTS -1,917,290. INTEREST RATE SWAPS -4,403,500. TOTAL TO FORM 990, PART XI, LINE 5: -67,410,302.	CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XII, LINE 2C	THE COLLEGE'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSEEING THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT, SUBJECT TO THE APPROVAL OF THE FULL BOARD OF TRUSTEES.
FORM 990, PART III, LINE 1	THE COLLEGE HAS ONE CAMPUS LOCATED IN BEREA, KENTUCKY, WITH AN ENROLLMENT OF APPROXIMATELY 1,600 STUDENTS AND EMPLOYING APPROXIMATELY 580 NON-STUDENT EMPLOYEES. DURING THE PRE-CIVIL WAR ERA IN KENTUCKY, WHEN BEREA COLLEGE WAS FOUNDED, SLAVERY WAS LEGAL. BLACKS WERE PROPERTY. WHITES WERE OWNERS. AND THOSE WHO OPPOSED THAT ARRANGEMENT WERE CRIMINALS. WOMEN AT THAT TIME WERE SECOND-CLASS CITIZENS WITH NO VOICE IN THEIR NATION'S DEMOCRACY. THE PEOPLE OF APPALACHIA WERE BELIEVED BY MANY TO BE LESS SOPHISTICATED AND LESS IMPORTANT THAN THOSE WHO LIVED IN THE INDUSTRIALIZED NORTH. IN SPITE OF THAT REALITY-AT BEREA-BLACKS AND WHITES, MEN AND WOMEN, WERE INVITED TO LIVE, WORK, AND LEARN TOGETHER AS SOCIAL EQUALS IN THE SCHOOL THAT WAS TO BECOME BEREA COLLEGE. THE UTOPIAN EXPERIMENT AT BEREA DEMONSTRATED WHAT THE WORLD COULD BE LIKE WHEN INDIVIDUALS LIVED OUT A GOSPEL OF IMPARTIAL LOVE BUILT UPON A SIMPLE TRUTH: GOD HAS MADE OF ONE BLOOD ALL PEOPLES OF THE EARTH. BEREA'S PRIMARY SERVICE AREA IS THE SOUTHERN APPALACHIAN REGION, FROM WHICH IT DRAWS 75-80% OF ITS STUDENTS. THE BALANCE COME FROM ALL STATES IN THE U.S. AND IN A TYPICAL YEAR, FROM MORE THAN 60 OTHER COUNTRIES REPRESENTING A RICH DIVERSITY OF COLORS, CULTURES, AND FAITHS. ABOUT ONE IN THREE STUDENTS REPRESENTS AN ETHNIC MINORITY. BEREA COLLEGE TRANSFORMS THE LIVES OF ITS STUDENTS AND THEIR FAMILIES. MORE THAN 50% OF FIRST YEAR STUDENTS COME FROM FAMILIES WHERE NEITHER PARENT HAS A COLLEGE DEGREE. GUIDED BY A SELF-HELP PHILOSOPHY, BEREA HAS LONG BEEN COMMITTED TO SEEKING OUT ACADEMICALLY PROMISING STUDENTS FROM LOW-INCOME FAMILIES PRIMARILY FROM SOUTHERN APPALACHIA. THE COLLEGE PROVIDES EVERY ADMITTED STUDENT WITH A FULL TUITION SCHOLARSHIP, CURRENTLY VALUED AT NEARLY $100,000 OVER FOUR YEARS, THAT OTHERWISE WOULD BE FINANCIALLY OUT OF REACH. THE AVERAGE ANNUAL HOUSEHOLD INCOME OF BEREA STUDENTS IS APPROXIMATELY $25,000. ABOUT HALF OF BEREA'S STUDENTS COME FROM FAMILIES WHO CAN CONTRIBUTE NOTHING TO THEIR COLLEGE EXPENSES. IN THE ABSENCE OF AN INCOME STREAM FROM TUITION, BEREA COLLEGE IS DEPENDENT ON ITS ENDOWMENT INCOME, GIFTS AND DONATIONS, AND STATE AND FEDERAL SCHOLARSHIP GRANTS (E.G. PELL) TO HELP PROVIDE A LOW-COST, HIGH QUALITY EDUCATION. THE COST OF THE FULL-TUITION SCHOLARSHIPS IS FUNDED PRIMARILY FROM THE SPENDABLE RETURN ON THE COLLEGE'S ENDOWMENT THAT FUNDS BETWEEN 70-80% OF THE NET EDUCATIONAL AND GENERAL OPERATING BUDGET. CONTRIBUTIONS FROM DONORS TO BEREA'S ANNUAL FUND PROVIDE ANOTHER 10% OF THE BUDGET. IN ADDITION TO THE FULL-TUITION SCHOLARSHIPS FOR EVERY STUDENT, BEREA COLLEGE ALSO PROVIDES INSTITUTIONAL GRANT AID TO ASSIST STUDENTS WITH ROOM, BOARD, BOOKS, AND SUPPLIES. NATIONALLY RECOGNIZED FOR ACADEMICS AND FOR SERVICE LEARNING, BEREA OFFERS RIGOROUS UNDERGRADUATE ACADEMIC PROGRAMS LEADING TO BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN 31 FIELDS. INITIATIVES IN TECHNOLOGY, INTERNATIONAL EDUCATION, AND SUSTAINABILITY AND ENVIRONMENTAL STUDIES ARE CONTEMPORARY WAYS BEREA MEETS ITS MISSION, PREPARING STUDENTS FOR 21ST CENTURY CITIZENSHIP IN A COMPLEX, GLOBAL SOCIETY. GRADUATES FROM BEREA COLLEGE NOT ONLY DEVELOP EXPERTISE IN PARTICULAR ACADEMIC FIELDS, BUT ALSO ARE PREPARED TO BE PERSONS OF CONSEQUENCE - THOSE WITH THE KNOWLEDGE, THE VALUES AND THE WORK ETHIC TO TRULY EFFECT CHANGE AND TO SERVE IN THEIR COMMUNITIES. LABOR IS AN ESSENTIAL ELEMENT OF A BEREA COLLEGE EDUCATION. ALL WORK-WHETHER MANUAL OR MENTAL-HAS DIGNITY AND IS WORTH CELEBRATING. AS ONE OF JUST SEVEN FEDERALLY RECOGNIZED WORK COLLEGES IN THE UNITED STATES, BEREA REQUIRES ALL STUDENTS TO WORK A MINIMUM OF TEN HOURS PER WEEK IN AN INTEGRATED WORK-LEARNING PROGRAM. 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 AND IN SERVICE JOBS BENEFITTING THE WIDER COMMUNITY. EACH STUDENT CAN LEARN USEFUL SKILLS AND DEVELOP A STRONG WORK ETHIC THAT POTENTIAL EMPLOYERS VALUE. LONG NOTED FOR ITS FRUGALITY AND CAREFUL STEWARDSHIP OF RESOURCES, BEREA COLLEGE DEMONSTRATES ITS COMMITMENT TO PLAIN LIVING THROUGH SUSTAINABILITY INITIATIVES IN FACILITIES RENOVATIONS, OPERATIONS, AND THE CURRICULUM. BEREA COLLEGE HELPS SHAPE CITIZENS WHO HAVE THE KNOWLEDGE BASE, THE VALUE SYSTEM AND THE WORK ETHIC TO DEMONSTRATE TO ALL PEOPLES OF THE EARTH HOW WE CAN LIVE IN PEACE AND HARMONY WITH ONE ANOTHER AND WITHIN THE ENVIRONMENT WE SHARE. BEREA COLLEGE HAS THE DISTINCTION OF HAVING THE FIRST LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED) CERTIFIED BUILDING IN KENTUCKY (HISTORIC LINCOLN HALL, BUILT IN 1886 AND RENOVATED IN 2002). SINCE 1995, BEREA COLLEGE HAS COMPLETED MORE THAN $140 MILLION IN SUSTAINABLE DESIGN AND RENOVATION PROJECTS, INCLUDING CONSTRUCTION OF THE STATE'S FIRST ECOVILLAGE AND A STATE-OF-THE-ART CENTRAL PLANT THAT INCREASES THE HEATING AND COOLING CAPACITY FOR THE CAMPUS WHILE SIGNIFICANTLY REDUCING ENERGY CONSUMPTION BY MORE THAN 50% OVER THE PAST FIFTEEN YEARS. A NEW "DEEP GREEN" RESIDENCE HALL IS CURRENTLY UNDER CONSTRUCTION AND IS SCHEDULED TO BE COMPLETED IN AUGUST 2013. LIVESTOCK AND PRODUCE GROWN BY STUDENTS AT THE COLLEGE FARM AND GREENHOUSES ARE SERVED IN THE CAMPUS DINING HALL AND SOLD TO THE WIDER COMMUNITY AT THE LOCAL FARMERS MARKET. BEREA'S CURRICULUM INCLUDES SUSTAINABLE DESIGN COURSES AND LIVING "GREEN" IS GIVEN PRACTICAL APPLICATION IN STUDENT RESIDENCE HALLS WHERE STUDENTS CAN ADOPT LIFELONG HABITS IN REDUCING THEIR ECOLOGICAL FOOTPRINT. BEREA COLLEGE'S COMMITMENT TO SERVING THE APPALACHIAN REGION IS DEMONSTRATED PRIMARILY THROUGH EDUCATION, BUT ALSO BY OTHER APPROPRIATE SERVICES. BEREA'S APPALACHIAN CENTER, THE FIRST IN THE NATION, WAS ESTABLISHED IN 1970 TO BRING TOGETHER EXISTING PROGRAMS, TO GUIDE THE CREATION OF NEW SERVICES TO THE REGION, AND TO SERVE THE NATION AS A RESOURCE FOR INFORMATION ABOUT APPALACHIA. IN 2000, THE CENTER FOR EXCELLENCE IN LEARNING THROUGH SERVICE (CELTS) WAS ESTABLISHED TO COORDINATE A VARIETY OF STUDENT-LED SERVICE PROGRAMS AND OTHER COMMUNITY OUTREACH ACTIVITIES. THE CELTS PROGRAM ALSO COORDINATES THE INTEGRATION OF SERVICE LEARNING INTO THE COLLEGE'S CURRICULUM. THE COLLEGE'S GEAR UP (GAINING EARLY AWARENESS AND READINESS FOR UNDERGRADUATE PROGRAMS) PROGRAM IS FUNDED BY TWO FEDERAL GRANTS FROM THE DEPARTMENT OF EDUCATION, WHICH TOGETHER ARE WORTH $10.8 MILLION A YEAR. THESE TWO GRANTS, WHICH TOTAL APPROXIMATELY $76 MILLION OVER THE SEVEN-YEAR GRANT PERIOD, PROVIDE INTENSIVE SERVICES TO MORE THAN 13,000 STUDENTS IN 19 SCHOOL DISTRICTS IN 17 KENTUCKY COUNTIES. BEREA'S EXTERNALLY SPONSORED PROGRAMS ALSO OPERATES A PROMISE NEIGHBORHOOD IMPLEMENTATION GRANT FROM THE DEPARTMENT OF EDUCATION IN THE ANNUAL AMOUNT OF $5.9 MILLION. THIS GRANT, WHICH TOTALS ALMOST $30 MILLION OVER THE FIVE-YEAR PROJECT PERIOD, PROVIDES FUNDS FOR A CONTINUUM OF SOLUTIONS FROM BIRTH TO CAREER FOR CHILDREN LIVING IN THE DISTRESSED, HIGH POVERTY KENTUCKY COUNTIES OF JACKSON, CLAY AND OWSLEY. IN ADDITION, BEREA'S EXTERNALLY SPONSORED PROGRAMS OVERSEES A $3 MILLION "INVESTING IN INNOVATION (I3)" GRANT FROM THE U.S. DEPARTMENT OF EDUCATION TO SUPPORT STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) EDUCATION AND COLLEGE-PREPAREDNESS IN THE EASTERN KENTUCKY SCHOOLS SERVED BY THE COLLEGE'S PROMISE NEIGHBORHOOD PROGRAM. THIS FIVE-YEAR GRANT COMBINED WITH THE SEVEN-YEAR GEAR UP GRANTS AND OTHERS PROVIDE MORE THAN $20 MILLION PER YEAR IN EDUCATIONAL OUTREACH TO NEARBY KENTUCKY COUNTIES AND REPRESENT A SIGNIFICANT ENHANCEMENT TO BEREA'S ONGOING IMPACT IN THE APPALACHIAN REGION. BEREA COLLEGE WORKS DILIGENTLY TO HELP SHAPE EDUCATIONALLY WELL-ROUNDED, SERVICE-MINDED STUDENTS WHO EMBRACE THEIR EDUCATIONAL OPPORTUNITY NOT ONLY FOR THEMSELVES, BUT ALSO FOR OTHERS - SERVING THEIR COMMUNITIES AND THE WORLD. AMONG BEREA COLLEGE'S MANY NOTABLE GRADUATES ARE INDIVIDUALS WHO MADE SIGNIFICANT IMPACT ON OUR NATION AND THE WORLD BY: - INVENTING TOUCH SCREEN TECHNOLOGY (G. SAMUEL HURST) - ESTABLISHING BLACK HISTORY WEEK [NOW MONTH] (CARTER G. WOODSON) - SERVING AS THE FIRST WOMAN ON THE BOARD OF DIRECTORS OF THE NEW YORK STOCK EXCHANGE AND FORMER U.S. SECRETARY OF COMMERCE (DR. JUANITA KREPS) - DIRECTING THE NATION'S FIRST COMPREHENSIVE APPALACHIAN CENTER (LOYAL JONES) - WINNING THE 2002 NOBEL PRIZE LAUREATE IN CHEMISTRY, (DR. JOHN FENN) - DIRECTING THE NATIONAL UNDERGROUND RAILROAD FREEDOM CENTER (DR. JOHN E. FLEMING) BEREA COLLEGE WAS RANKED BY THE 2011 WASHINGTON MONTHLY RATINGS AS THE TOP LIBERAL ARTS COLLEGE IN AMERICA FOR EDUCATING LOW-INCOME STUDENTS IN A HIGH-QUALITY ACADEMIC ENVIRONMENT FOR LIVES OF SERVICE TO OTHERS. IN SUM, BEREA COLLEGE IS A PLACE WHERE LEARNING, LABOR AND SERVICE EDUCATE THE WHOLE STUDENT-HEAD, HEART AND HANDS. BEREA IS A TRULY UNIQUE HIGHER EDUCATION INSTITUTION IN AMERICA. (FOR MORE INFORMATION, VISIT THE BEREA COLLEGE WEB SITE AT: WWW.BEREA.EDU).	ORGANIZATION MISSION - CONTINUED FROM PAGE 2

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	BEREA INTERCHANGE DEVELOPMENT CORP	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	STE 220 LINCOLN HALL	AddressLine1
City	BEREA	City
State	KY	State
ZIP Code	40404	ZIPCode

Field	Value	IRS element (for citing)
EIN	611124566	EIN
Primary Activities	HOLDS LAND	PrimaryActivities
Legal Domicile State	KY	LegalDomicileState
Exempt Code Section	501(C)(2)	ExemptCodeSection
Public Charity Status	N/A	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	BEREA COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Controlled Org	1	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg