2013-03-15T12:35:24-05:00 2012-06-30 061071692 HARPER & WHITFIELD PC 314 FARMINGTON AVENUE FARMINGTON CT 06032 990 2011-07-01 061013935 BERKELEY DIVINITY SCHOOL BERK 2034329285 409 PROSPECT STREET NEW HAVEN CT 06511 JOSEPH BRITTON 2034329285 2013-01-25 1 W SCOTT GOETJEN P00145918 8606779188 2011 2016-03-07 17:11:31Z JOSEPH BRITTON 409 PROSPECT STREET NEW HAVEN CT 06511 2225624 0 X HTTP://BERKELEYDIVINITY.NET X 1854 CT TO PREPARE STUDENTS FOR ORDINATION AS PRIESTS, OR TO SERVE AS LAY LEADERS IN THE EPISCOPAL CHURCH. 30 26 0 32 0 0 1750782 524515 45606 51994 1599206 1634380 57951 14735 3453545 2225624 674871 666216 0 0 856418 980807 9323 5785 225260 587610 614332 2128222 2267140 1325323 -41516 34153295 33535723 202034 184240 33951261 33351483 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. 0 0 1333132 2225624 PROGRAMS IN SUPPORT OF PREPARING STUDENTS FOR THE SACRED MINISTRY IN THE PROTESTANT EPISCOPAL CHURCH. SEVENTY ONE STUDENTS WERE ENROLLED IN THE CURRENT YEAR. 1333132 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 30 26 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X SANDY LYNCH 2034328602 409 PROSPECT STREET NEW HAVEN CT 06511 STEVEN E BUSH MD 0.00 X 0 0 0 MARION M DAWSON CARR 0.00 X 0 0 0 THE REV JOHN DENARO 0.00 X 0 0 0 THE REV WHITNEY ZIMMERMAN 0.00 X 0 0 0 THE REV JOHN GEDRICK 0.00 X 0 0 0 ROBERT KASS MD 0.00 X 0 0 0 G WILLIAM HAAS 0.00 X 0 0 0 THE REV CANON ANNE MALLONEE 0.00 X 0 0 0 THE REV NICHOLAS PORTER 0.00 X 0 0 0 CHARLES TYSON 0.00 X 0 0 0 THE REV RALPH WARREN JR 0.00 X 0 0 0 WILLIAM H WRIGHT II 0.00 X 0 0 0 THE REV GEOFFREY HOARE 0.00 X 0 0 0 THE RT REV CHILTON KNUDSEN 0.00 X 0 0 0 DAVID R WILSON 3.00 X X 0 0 0 THE RT REV HERMAN HOLLERITH 0.00 X 0 0 0 THE VERY REV STEPHEN CARLSEN 0.00 X 0 0 0 CAROLYN DANIELS 0.00 X 0 0 0 THE RT REV IAN DOUGLAS 0.00 X 0 0 0 HOWARD GREENE 0.00 X 0 0 0 WESTINA MATTHEWS SHATTEEN 0.00 X 0 0 0 JESSE ZINK 0.00 X 0 0 0 CHLOE STARR 0.00 X 0 0 0 LISA ZAINA 0.00 X 0 0 0 THE REV BRYAN SPINKS 0.00 X 0 0 0 THE REV DAN GROSS 0.00 X 0 0 0 THE VERY REV DR JOSEPH H BRITTON 37.50 X X X 138647 0 57635 HAROLD ATTRIDGE 2.00 X 0 0 0 LINDA LORIMER 0.00 X 0 0 0 BARBARA A SHAILOR 0.00 X 0 0 0 THE REV CLAYTON THOMASON 0.00 X 0 0 0 CARL T ANDERSON 5.00 X 0 0 0 THE VERY REV SAMUEL G CANDLER 0.00 X 0 0 0 ANN R L DEWEY 0.00 X 0 0 0 JUDITH K HOLDING 0.00 X 0 0 0 CLARK EVANS DOWNS 0.00 X 0 0 0 PAMELA S WESLEY-GOMEZ 37.50 X 123601 0 12186 262248 0 69821 2 0 1 0 0 524515 38354 524515 STUDENT INCOME 900099 30270 30270 CONTRACT INC-NON GOVT 541700 21724 21724 51994 1634380 1634380 VARIOUS RELATED SOURCE 900099 14735 14735 14735 2225624 0 0 1701109 666216 666216 137187 48015 65850 23322 587130 205496 281822 99812 256490 84642 133374 38474 34458 34458 5785 5785 687 687 32398 17819 9719 4860 26510 25184 1326 127000 50800 50800 25400 55085 55085 75369 75369 16839 16839 MISCELLANEOUS 117292 111427 5865 0 PRINTING 39071 19536 0 19535 REPAIRS AND MAINTENANCE 37471 0 37471 0 UTILITIES 20671 20671 0 0 31481 11402 12007 8072 2267140 1333132 708748 225260 529737 387746 47235 0 1967209 961715 1080863 1005494 27451273 27580208 5044187 4562275 34153295 33535723 66390 62931 135644 121309 202034 184240 X 3049903 2973937 21503994 21358076 9397364 9019470 33951261 33351483 34153295 33535723 X -41516 -558262 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27551273 183706 -154771 27580208 22992549 966642 3592082 27551273 23328876 84778 378895 800000 22992549 32395388 829333 -9895845 23328876 0.07150 0.18810 0.74040 1 0 52000 52000 1722668 773055 949613 0 187741 187087 654 4800 1573 3227 1005494 YALE UNIVERSITY INVESTMENT POOL 27580208 F 27580208 ASSETS HELD IN TRUST AND UNDER SPLIT-INTEREST AGREEMENTS 3892629 DUE FROM YALE UNIVERSITY 668532 TRAVEL ADVANCES 1114 4562275 SPLIT-INTEREST AGREEMENT 121309 121309 2225624 2267140 -41516 -558262 -558262 -599778 1667362 -558262 -558262 2225624 0 2225624 2267140 0 2267140 0 2267140 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 SCHOLARSHIP AND FINANCIAL AID 41 666216 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 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 THE UNIVERSITY, AND 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. X 1 1 X X X 0 0 0 0 0 0 0 0 0 THE VERY REV DR JOSEPH H BRITTON 138647 0 0 0 0 0 57635 0 0 0 196282 0 0 0 PART I, LINE 1A THE VERY REV. DR. JOSEPH H. BRITTON, DEAN OF BERKELEY DIVINITY SCHOOL, IS PROVIDED ON CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT FOR THE BENEFIT OF THE EMPLOYER. X 4 38354 STOCK MARKET QUOTE 0 0 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -558,262. 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.