BERKELEY DIVINITY SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BERKELEY DIVINITY SCHOOL (EIN 06-1013935)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-11
- IRS object ID
- 201231029349300703
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-11T05:26:48-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARPER & WHITFIELD PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 314 FARMINGTON AVENUE | AddressLine1 |
| City | FARMINGTON | City |
| State | CT | State |
| ZIP Code | 06032 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061013935 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKELEY DIVINITY SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BERK | NameControl |
| Phone | 2034329285 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1 |
| City | NEW HAVEN | City |
| State | CT | State |
| ZIP Code | 06511 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH BRITTON | Name |
| Title | DEAN | Title |
| Phone | 2034329285 | Phone |
| Date Signed | 2012-03-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | W SCOTT GOETJEN | Name |
| Phone | 8606779188 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOSEPH BRITTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1 |
| City | NEW HAVEN | City |
| State | CT | State |
| ZIP Code | 06511 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3453545 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://BERKELEYDIVINITY.NET | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1854 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | TO PREPARE STUDENTS FOR ORDINATION AS PRIESTS, OR TO SERVE AS LAY LEADERS IN THE EPISCOPAL CHURCH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 26 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 578308 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1750782 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 50869 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 45606 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1799608 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1599206 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 23045 | OtherRevenuePriorYear |
| Other Revenue Current Year | 57951 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2451830 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3453545 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 779742 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 674871 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 904774 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 856418 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 23750 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 9323 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 192368 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 639030 | OtherExpensePriorYear |
| Other Expenses Current Year | 587610 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2347296 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2128222 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 104534 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1325323 | RevenuesLessExpensesCY |
| Total Assets BOY | 28651385 | TotalAssetsBOY |
| Total Assets EOY | 34153295 | TotalAssetsEOY |
| Total Liabilities BOY | 161125 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 202034 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28490260 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 33951261 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1230128 | Expense |
| Revenue | 3453545 | Revenue |
| Description | PROGRAMS IN SUPPORT OF PREPARING STUDENTS FOR THE SACRED MINISTRY IN THE PROTESTANT EPISCOPAL CHURCH. SEVENTY ONE STUDENTS WERE ENROLLED IN THE CURRENT YEAR. | Description |
| Total Program Service Expense | 1230128 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | 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 | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | 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 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | 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 | 1 | 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 | 0 | 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 |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANDY LYNCH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2034328602 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 PROSPECT STREET | AddressLine1 |
| City | NEW HAVEN | City |
| State | CT | State |
| ZIP Code | 06511 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Institutional TrusteeInstitutionalTrustee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| STEVEN E BUSH MD | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| MARION M DAWSON CARR | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV CANON KATHERINE HARRIGAN | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV JOHN GEDRICK | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| ROBERT KASS MD | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV LISA B HAMILTON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV CANON ANNE MALLONEE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV NICHOLAS PORTER | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| CHARLES TYSON | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV RALPH WARREN JR | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| WILLIAM H WRIGHT II | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| REV GEOFFREY HOARE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| RT REV CHILTON KNUDSEN | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| DAVID R WILSON | ||||||||
| VICE CHAIR FINANCIAL AFFAIRS | X | 0 | 0 | 0 | 3.00 | X | ||
| J TRUMAN BIDWELL JR | ||||||||
| COUNSEL, TRUSTEE | X | 0 | 0 | 0 | ||||
| REV ROBERT TAYLOR | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| VERY REV STEPHEN CARLSEN | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| CAROLYN DANIELS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| RT REV IAN DOUGLAS | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| HOWARD GREENE | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| WESTINA MATTHEWS SHATTEEN | ||||||||
| TRUSTEE | X | 0 | 0 | 0 | ||||
| VERY REV DR JOSEPH H BRITTON | ||||||||
| DEAN AND PRESIDENT | 128273 | 0 | 47677 | 37.50 | X | X | X | |
| SUSAN RAINEY DANKEL | ||||||||
| TRUSTEE | 0 | 0 | 0 | X | ||||
| PETER HAWKINS | ||||||||
| TRUSTEE | 0 | 0 | 0 | X | ||||
| HAROLD ATTRIDGE | ||||||||
| DEAN, YALE DIVINITY SCHOOL | 0 | 0 | 0 | 2.00 | X | |||
| LINDA LORIMER | ||||||||
| SECRETARY, YALE UNIVERSITY | 0 | 0 | 0 | X | ||||
| BARBARA A SHAILOR | ||||||||
| DEPUTY PROVOST, YALE UNIVE | 0 | 0 | 0 | X | ||||
| JESSE ZINK | ||||||||
| TRUSTEE | 0 | 0 | 0 | X | ||||
| REV CLAYTON THOMASON | ||||||||
| SECRETARY | 0 | 0 | 0 | X | ||||
| CARL T ANDERSON | ||||||||
| CHAIR | 0 | 0 | 0 | 5.00 | X | |||
| VERY REV SAMUEL G CANDLER | ||||||||
| VICE CHAIR | 0 | 0 | 0 | X | ||||
| ANN R L DEWEY | ||||||||
| VICE CHAIR | 0 | 0 | 0 | X | ||||
| JUDITH K HOLDING | ||||||||
| VICE CHAIR | 0 | 0 | 0 | X | ||||
| PAMELA S WESLEY-GOMEZ | ||||||||
| DIRECTOR OF DEVELOPMENT | 113625 | 0 | 14489 | 37.50 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 241898 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 62166 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 1750782 | AllOtherContributions |
| Total Contributions | 1750782 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| STUDENT INCOME | 900099 | 29125 | $29,125 |
| CONTRACT INC-NON GOVT | 541700 | 16481 | $16,481 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 45606 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1599206 | TotalRevenueColumn |
| Exclusion | $1,599,206 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | VARIOUS RELATED SOURCE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 57951 | TotalRevenueColumn |
| Exclusion | $57,951 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 57951 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3453545 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,702,763 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 674871 | Total |
| Program Services | 674871 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133183 | Total |
| Program Services | 46614 | ProgramServices |
| Management And General | 63928 | ManagementAndGeneral |
| Fundraising | 22641 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 486931 | Total |
| Program Services | 170426 | ProgramServices |
| Management And General | 233727 | ManagementAndGeneral |
| Fundraising | 82778 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236304 | Total |
| Program Services | 77980 | ProgramServices |
| Management And General | 122878 | ManagementAndGeneral |
| Fundraising | 35446 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111279 | Total |
| Management And General | 111279 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9323 | Total |
| Fundraising | 9323 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3491 | Total |
| Management And General | 3491 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30949 | Total |
| Program Services | 17022 | ProgramServices |
| Management And General | 9285 | ManagementAndGeneral |
| Fundraising | 4642 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25634 | Total |
| Program Services | 24352 | ProgramServices |
| Management And General | 1282 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89496 | Total |
| Program Services | 35799 | ProgramServices |
| Management And General | 35798 | ManagementAndGeneral |
| Fundraising | 17899 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28094 | Total |
| Program Services | 28094 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75643 | Total |
| Management And General | 75643 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16131 | Total |
| Program Services | 16131 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 104353 | 88999 | 15354 | 0 |
| REPAIRS AND MAINTENANCE | 31321 | 0 | 31321 | 0 |
| PRINTING | 29818 | 14909 | 0 | 14909 |
| UTILITIES | 25125 | 25125 | 0 | 0 |
| WEB SERVICES | 7500 | 3750 | 0 | 3750 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8776 | Total |
| Program Services | 6056 | ProgramServices |
| Management And General | 1740 | ManagementAndGeneral |
| Fundraising | 980 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2128222 | Total |
| Program Services | 1230128 | ProgramServices |
| Management And General | 705726 | ManagementAndGeneral |
| Fundraising | 192368 | Fundraising |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209796 | BOY |
| EOY | 529737 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47235 | BOY |
| EOY | 47235 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1967209 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 886346 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1156506 | BOY |
| EOY | 1080863 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22992549 | BOY |
| EOY | 27451273 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4245299 | BOY |
| EOY | 5044187 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28651385 | BOY |
| EOY | 34153295 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38556 | BOY |
| EOY | 66390 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122569 | BOY |
| EOY | 135644 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161125 | BOY |
| EOY | 202034 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2746917 | BOY |
| EOY | 3049903 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18066899 | BOY |
| EOY | 21503994 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7676444 | BOY |
| EOY | 9397364 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28490260 | BOY |
| EOY | 33951261 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28651385 | BOY |
| EOY | 34153295 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1325323 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4135678 | 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 | 0 | FederalGrantAuditRequired |
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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22992549 | BeginningOfYearBalance |
| Contributions | 966642 | Contributions |
| Investment Earnings Or Losses | 3592082 | InvestmentEarningsOrLosses |
| End Of Year Balance | 27551273 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23328876 | BeginningOfYearBalance |
| Contributions | 84778 | Contributions |
| Investment Earnings Or Losses | 378895 | InvestmentEarningsOrLosses |
| Other Expenditures | 800000 | OtherExpenditures |
| End Of Year Balance | 22992549 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32395388 | BeginningOfYearBalance |
| Contributions | 829333 | Contributions |
| Investment Earnings Or Losses | -9895845 | InvestmentEarningsOrLosses |
| End Of Year Balance | 23328876 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06920 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.18430 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.74650 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 52000 | InvestmentCostOrOtherBasis |
| Book Value | 52000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1722668 | InvestmentCostOrOtherBasis |
| Depreciation | 698694 | Depreciation |
| Book Value | 1023974 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 187741 | InvestmentCostOrOtherBasis |
| Depreciation | 186399 | Depreciation |
| Book Value | 1342 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4800 | InvestmentCostOrOtherBasis |
| Depreciation | 1253 | Depreciation |
| Book Value | 3547 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1080863 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | YALE UNIVERSITY INVESTMENT POOL | Description |
| Book Value | 27451273 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 27451273 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS HELD IN TRUST AND UNDER SPLIT-INTEREST AGREEMENTS | 4310455 |
| DUE FROM YALE UNIVERSITY | 733732 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5044187 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SPLIT-INTEREST AGREEMENT | Description |
| Amount | $135,644 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 135644 | TotalOfAmounts |
| Total Revenue | 3453545 | TotalRevenue |
| Total Expenses | 2128222 | TotalExpenses |
| Excess Or Deficit For Year | 1325323 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4135678 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 4135678 | TotalAdjustments |
| Excess Or Deficit Per FS | 5461001 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7589223 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4135678 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 4135678 | RevenueNotRptdF990 |
| Revenue Subtotal | 3453545 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3453545 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2128222 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2128222 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2128222 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | Identifier |
| Return Reference | PART V, LINE 4: | ReturnReference |
| Explanation | ENDOWMENT FUNDS ARE PERMANENTLY OR TEMPORARILY RESTRICTED FOR THE PURPOSES OF SCHOLARSHIP AID, PROFESSORSHIP SUPPORT, BUILDING RENOVATION AND MAINTENANCE, LECTURESHIPS, SPIRITUALITY PROGRAMS, AND OTHER PURPOSES INTENDED TO SUPPORT THE EDUCATIONAL MISSION OF THE SEMINARY AND PREPARE STUDENTS TO SERVE IN THE EPISCOPAL CHURCH. | Explanation |
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 | 1 | 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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP AND FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 67 | NumberOfRecipients |
| Amount Of Cash Grant | 674871 | AmountOfCashGrant |
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: BERKELEY DIVINITY SCHOOL COOPERATES WITH OTHER THEOLOGICAL SCHOOLS IN FOLLOWING UNIFORM GUIDELINES FOR FINANCIAL AID. IN ADDITION, WE ARE SUBJECT TO THE RULES AND REGULATIONS SURROUNDING THE GOVERNMENT LOAN AND WORK PROGRAMS IN WHICH WE PARTICIPATE. A FINANCIAL AID COMMITTEE COMPOSED OF STUDENTS, FACULTY AND THE FINANCIAL AID OFFICER DETERMINES SPECIFIC POLICY AND PRIORITIES WITHIN THE FRAMEWORK OF GUIDELINES AND REGULATIONS, SETTING THE TYPE AND AMOUNT OF FINANCIAL ASSISTANCE TO BE ALLOCATED IN INDIVIDUAL SITUATIONS FROM FUNDS AVAILABLE. THE PRIMARY PUROSE OF FINANCIAL AID IS TO PROVIDE ASSISTANCE TO THOSE STUDENTS WHO DEMONSTRATE NEED REGARDLESS OF RACE, NATIONAL OR ETHNIC ORIGIN, SEX, HANDICAP, OR DENOMINATIONAL AFFILIATION. NEED IS DEFINED AS THE DIFFERENCE BETWEEN THE TOTAL COST OF ATTENDING BERKELEY DIVINITY SCHOOL AND THE AMOUNT OF RESOURCES AVAILABLE TO THE STUDENT. FINANCIAL AID TO MEET DETERMINED NEED IS A COMBINATION OF YALE DIVINITY SCHOOL/BERKELEY DIVINITY SCHOOL GRANTS AND GOVERNMENT LOANS ADDED TO THOSE RESOURCES AVAILABLE TO THE STUDENT THROUGH SELF HELP. THE STUDENT MUST BE AWARE THAT HE OR SHE HAS THE MAJOR RESPONSIBILITY FOR HIS OR HER EDUCATIONAL AND LIVING EXPENSES. THE BERKELEY DIVINITY SCHOOL'S AID WILL AUGMENT THE STUDENT'S EFFORTS. 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERY REV DR JOSEPH H BRITTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 128273 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 44077 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 3600 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 175950 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE VERY REV. DR. JOSEPH H. BRITTON, DEAN OF BERKELEY DIVINITY SCHOOL, IS PROVIDED ON CAMPUS HOUSING. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRYAN SPINKS | NamePerson |
| Purpose Of Loan | FACULTY MORTGAGE ASSISTANCE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $47,235 | OriginalPrincipalAmount |
| Balance Due | 47235 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 47235 | TotalBalanceDue |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 26688 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK MARKET QUOTE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7B | IN ACCORDANCE WITH THE AFFILIATION AGREEMENT BETWEEN BERKELEY DIVINITY SCHOOL AND YALE UNIVERSITY, YALE HAS THE FINAL AUTHORITY ON THE BERKELEY DIVINITY SCHOOL BUDGET. | |
| 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 COMMITTEE REVIEW THE RETURN AND APPROVE FOR SUBMISSION. COPIES, EXCLUDING SCHEDULE B, ARE THEN SHARED WITH THE BOARD. | |
| 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 12C | |
| 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 B, LINE 15 | |
| DOCUMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 4,135,678. | FORM 990, PART XI, LINE 5: |
| THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C: | |
| 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 TUITION INCOME, W-2'S AND 1099'S ARE REPORTED BY YALE UNIVERSITY. | FORM 990, PART V, LINE 1A AND LINE 2A: |
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