2012-04-11T05:26:48-05:00 2011-06-30 HARPER & WHITFIELD PC 314 FARMINGTON AVENUE FARMINGTON CT 06032 990 2010-07-01 061013935 BERKELEY DIVINITY SCHOOL BERK 2034329285 409 PROSPECT STREET NEW HAVEN CT 06511 JOSEPH BRITTON 2034329285 2012-03-29 1 W SCOTT GOETJEN 8606779188 2010 2016-02-24 21:20:13Z JOSEPH BRITTON 409 PROSPECT STREET NEW HAVEN CT 06511 3453545 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. 28 21 0 26 0 0 578308 1750782 50869 45606 1799608 1599206 23045 57951 2451830 3453545 779742 674871 0 0 904774 856418 23750 9323 192368 639030 587610 2347296 2128222 104534 1325323 28651385 34153295 161125 202034 28490260 33951261 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 1230128 3453545 PROGRAMS IN SUPPORT OF PREPARING STUDENTS FOR THE SACRED MINISTRY IN THE PROTESTANT EPISCOPAL CHURCH. SEVENTY ONE STUDENTS WERE ENROLLED IN THE CURRENT YEAR. 1230128 1 1 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 1 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 28 21 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 X 0 0 0 MARION M DAWSON CARR X 0 0 0 REV CANON KATHERINE HARRIGAN X 0 0 0 REV JOHN GEDRICK X 0 0 0 ROBERT KASS MD X 0 0 0 REV LISA B HAMILTON X 0 0 0 REV CANON ANNE MALLONEE X 0 0 0 REV NICHOLAS PORTER X 0 0 0 CHARLES TYSON X 0 0 0 REV RALPH WARREN JR X 0 0 0 WILLIAM H WRIGHT II X 0 0 0 REV GEOFFREY HOARE X 0 0 0 RT REV CHILTON KNUDSEN X 0 0 0 DAVID R WILSON 3.00 X X 0 0 0 J TRUMAN BIDWELL JR X 0 0 0 REV ROBERT TAYLOR X 0 0 0 VERY REV STEPHEN CARLSEN X 0 0 0 CAROLYN DANIELS X 0 0 0 RT REV IAN DOUGLAS X 0 0 0 HOWARD GREENE X 0 0 0 WESTINA MATTHEWS SHATTEEN X 0 0 0 VERY REV DR JOSEPH H BRITTON 37.50 X X X 128273 0 47677 SUSAN RAINEY DANKEL X 0 0 0 PETER HAWKINS X 0 0 0 HAROLD ATTRIDGE 2.00 X 0 0 0 LINDA LORIMER X 0 0 0 BARBARA A SHAILOR X 0 0 0 JESSE ZINK X 0 0 0 REV CLAYTON THOMASON X 0 0 0 CARL T ANDERSON 5.00 X 0 0 0 VERY REV SAMUEL G CANDLER X 0 0 0 ANN R L DEWEY X 0 0 0 JUDITH K HOLDING X 0 0 0 PAMELA S WESLEY-GOMEZ 37.50 X 113625 0 14489 241898 0 62166 2 0 1 0 0 1750782 1750782 STUDENT INCOME 900099 29125 29125 CONTRACT INC-NON GOVT 541700 16481 16481 45606 1599206 1599206 VARIOUS RELATED SOURCE 900099 57951 57951 57951 3453545 0 0 1702763 674871 674871 133183 46614 63928 22641 486931 170426 233727 82778 236304 77980 122878 35446 111279 111279 9323 9323 3491 3491 30949 17022 9285 4642 25634 24352 1282 89496 35799 35798 17899 28094 28094 75643 75643 16131 16131 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 8776 6056 1740 980 2128222 1230128 705726 192368 209796 529737 47235 47235 1967209 886346 1156506 1080863 22992549 27451273 4245299 5044187 28651385 34153295 38556 66390 122569 135644 161125 202034 X 2746917 3049903 18066899 21503994 7676444 9397364 28490260 33951261 28651385 34153295 X 1325323 4135678 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22992549 966642 3592082 27551273 23328876 84778 378895 800000 22992549 32395388 829333 -9895845 23328876 0.06920 0.18430 0.74650 0 1 1 52000 52000 1722668 698694 1023974 0 187741 186399 1342 4800 1253 3547 1080863 YALE UNIVERSITY INVESTMENT POOL 27451273 F 27451273 ASSETS HELD IN TRUST AND UNDER SPLIT-INTEREST AGREEMENTS 4310455 DUE FROM YALE UNIVERSITY 733732 5044187 SPLIT-INTEREST AGREEMENT 135644 135644 3453545 2128222 1325323 4135678 4135678 5461001 7589223 4135678 4135678 3453545 0 3453545 2128222 0 2128222 0 2128222 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 67 674871 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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. X 1 1 X X X 0 0 0 0 0 0 0 0 0 VERY REV DR JOSEPH H BRITTON 128273 0 0 0 0 0 44077 0 3600 0 175950 0 0 0 PART I, LINE 1A THE VERY REV. DR. JOSEPH H. BRITTON, DEAN OF BERKELEY DIVINITY SCHOOL, IS PROVIDED ON CAMPUS HOUSING. BRYAN SPINKS FACULTY MORTGAGE ASSISTANCE X 47235 47235 0 1 1 47235 X 3 26688 STOCK MARKET QUOTE 0 0 0 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. 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 GAINS ON INVESTMENTS: 4,135,678. 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 TUITION INCOME, W-2'S AND 1099'S ARE REPORTED BY YALE UNIVERSITY.