BEREA COLLEGE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BEREA COLLEGE (EIN 61-0444650)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-12
- IRS object ID
- 201110439349300516
- Schema version
- 2009v1.7
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-12T13:44:47-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2009-07-01 | 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 | 2011-02-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LEIGH MCKEE | Name |
| Phone | 8592552341 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 1101902089 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| 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 | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1215 | TotalNbrEmployees |
| Total Nbr Volunteers | 116 | TotalNbrVolunteers |
| Total Gross UBI | -184874 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -491 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 33958861 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 30139438 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 13738731 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15945853 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -25421941 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11856857 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2156873 | OtherRevenuePriorYear |
| Other Revenue Current Year | 832967 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 24432524 | TotalRevenuePriorYear |
| Total Revenue Current Year | 58775115 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3469917 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3242623 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 35611253 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 34389318 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 56494 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2491461 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 33308010 | OtherExpensePriorYear |
| Other Expenses Current Year | 36096732 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 72389180 | TotalExpensesPriorYear |
| Total Expenses Current Year | 73785167 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -47956656 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -15010052 | RevenuesLessExpensesCY |
| Total Assets BOY | 1032537578 | TotalAssetsBOY |
| Total Assets EOY | 1099423419 | TotalAssetsEOY |
| Total Liabilities BOY | 87910080 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 89067949 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 944627498 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1010355470 | NetAssetsOrFundBalancesEOY |
| 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 page 62 of SCHEDULE O) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 23450477 | Expense |
| Revenue | 311391 | 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 | 8559156 | Expense |
| Revenue | 1719142 | 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 | 8206105 | Expense |
| Revenue | 995589 | Revenue |
| Description | ACADEMIC SUPPORT - INCLUDES EXPENDITURES FOR THE PROVOST AND DEAN'S OFFICE, LIBRARY, STUDENT LAPTOP COMPUTER PROGRAM, AND OTHER RELATED ACTIVITIES THAT SUPPORT THE INSTRUCTIONAL MISSION OF THE COLLEGE. | Description |
Activity Other ActivityOther (4 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription | GrantsGrants |
|---|---|---|---|
| 6797457 | 7413902 | RESIDENCE HALLS AND FOOD SERVICE FOR STUDENTS. | |
| 5899654 | 301776 | PUBLIC SERVICE - INCLUDES EXPENDITURES FOR THE UPWARD BOUND PROGRAM, EDUCATIONAL TALENT SEARCH, GEAR UP PROGRAM, CONTINUING EDUCATION, EXTENSION AND OUTREACH PROGRAMS, AND COMMUNITY ASSISTANCE PROGRAMS THAT SUPPORT THE INSTITUTION'S MISSION OF SERVICE. | |
| 3665013 | 2003345 | STUDENT INDUSTRIES OPERATIONS (EXCLUDING SALES OF INVENTORY AND RELATED COST OF SALES) WHICH PROVIDE LABOR OPPORTUNITIES FOR STUDENTS. | |
| 2841093 | 3200708 | 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 $38,279,700. THESE EXPENSES ARE INCLUDED IN THE AREAS OF INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT, ETC. | 2841093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 19203217 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 2841093 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 12919731 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 59418955 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 749 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1215 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Name Of Foreign Country | HK | NameOfForeignCountry |
| Name Of Foreign Country | NT | NameOfForeignCountry |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| 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 |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jeff 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 SUITE 220 | AddressLine1 |
| City | BEREA | City |
| State | KY | State |
| ZIP Code | 40404 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 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 |
|---|---|---|---|---|---|---|---|
| ALLUMS VICKIE | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| BEASON CHARLOTTE | |||||||
| 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 | ||
| CALDWELL LYNNE | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| chow david h | |||||||
| truSTEE | 2.00 | X | 0 | 0 | 0 | ||
| CRASE JANICE HUNDLEY | |||||||
| 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 | ||
| FUHRMAN GLENN R | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| GRAY II JAMES P | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| HAAGA HEATHER STURT | |||||||
| 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 | ||
| JOHNSONSHAWN | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| LAIRDLUCINDA RAWLINGS | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| LARSENBRENDA TODD | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| lewis jim | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| LOWE JR EUGENE Y | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MAY-PLATTNER ELISSA | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MCMANUS GERALDINE | |||||||
| TRUSTEE | 2.00 | 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 | |||||||
| 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 | ||
| STITZER MARK | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| WELCH DAVID O | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| WILLIAMS DAWNEDA F | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| woods eugene | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| WULSIN DRAUSIN F | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| YAHNG ROBERT T | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| AMBURGEY JEFFREY S | |||||||
| VP FOR FINANCE | 50.00 | 133056 | 0 | 20384 | X | ||
| BROWNER STEPHANIE P | |||||||
| DEAN OF THE FACULTY | 50.00 | 133351 | 0 | 20363 | X | ||
| karcher STEVEN D | |||||||
| VP FOR BUSINESS & ADMIN. | 50.00 | 170759 | 0 | 21492 | X | ||
| LARAMEE WILLIAM | |||||||
| VP FOR ALUMNI & COLLEGE | 50.00 | 143651 | 0 | 21183 | X | ||
| NEWTON CAROLYN | |||||||
| ACADEMIC VP & provost | 50.00 | 140609 | 0 | 20780 | X | ||
| SHINN LARRY D | |||||||
| PRESIDENT | 60.00 | 286173 | 0 | 71400 | X | ||
| WILSON ii JUDGE B | |||||||
| secretary/general counse | 40.00 | 210643 | 0 | 27890 | X | ||
| WOLFORD GAIL W | |||||||
| VP LABOR & STUDENT LIFE | 50.00 | 132450 | 0 | 15087 | X | ||
| bagnoli joseph | |||||||
| dean of enroll. & acad. | 40.00 | 109218 | 0 | 18309 | X | ||
| hackbert peter | |||||||
| professor/co-dir. of epg | 40.00 | 104177 | 0 | 12534 | X | ||
| lewis robert | |||||||
| professor/music depT. | 40.00 | 101075 | 0 | 12028 | X | ||
| LYMPANY JOHN A | |||||||
| CHIEF INFO. OFFICER | 40.00 | 122696 | 0 | 19016 | X | ||
| sowell clifford | |||||||
| professor/econ. & bus. | 40.00 | 106387 | 0 | 12734 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1894245 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 293200 | TotalOtherCompensation |
| Number Individuals GT100 K | 18 | NumberIndividualsGT100K |
| Formers Listed | 0 | 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 |
|---|---|---|---|---|---|
| STATE STREET GLOBAL ADVISORS | |||||
| 1 LINCOLN ST | BOSTON | MA | 02111 | INVESTMENT MANAGER | 792147 |
| alliance corporation | |||||
| 122 n lake dr | prestonsburg | KY | 41653 | CONSTRUCTION | 558252 |
| hirtle callaghan & co | |||||
| 300 barr harbor drive | west conshohocken | PA | 19428 | investment services | 477448 |
| frank messer and sons construction | |||||
| 854 w main st | lexington | KY | 40508 | conSTRUCTION | 432712 |
| jarboe constructioninc | |||||
| 1017 south broadway | lexington | KY | 40504 | cONSTRUCTION | 396925 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
| Government Grants | 7325378 | GovernmentGrants |
| All Other Contributions | 22814060 | AllOtherContributions |
| Noncash Contributions | 1131367 | NoncashContributions |
| Total Contributions | 30139438 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| residence/FOOD SVC REV | 721310 | 7413902 | 7413902 |
| GRANTS FOR EDUC. FEES | 611710 | 3200708 | 3200708 |
| BOONE TAVERN | 721110 | 2003345 | 2003345 |
| FEES/INS PD BY STDNTS | 611710 | 1374208 | 1374208 |
| OH FROM GOVT CONTRACTS | 611710 | 493371 | 493371 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1460319 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1234501 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 225818 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15945853 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18112375 | TotalRevenueColumn |
| Exclusion | $18,112,375 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25354 | TotalRevenueColumn |
| Exclusion | $25,354 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 443466 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 284355 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 159111 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 159111 | TotalRevenueColumn |
| Exclusion | $159,111 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1035202848 | Securities |
| Other | 54333 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1041538053 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -6335205 | Securities |
| Other | 54333 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6280872 | TotalRevenueColumn |
| Exclusion | -$6,280,872 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1456768 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1304566 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 152202 | TotalRevenueColumn |
| Exclusion | $152,202 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| child development lab | 624410 | 389366 | $389,366 | |
| MED/HEALTH SERVICES | 621990 | 134448 | 134448 | |
| GIFT ANNUITY ADMIN. | 525990 | 132476 | 132476 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -134636 | TotalRevenueColumn |
| Related Or Exempt Function Income | 24122 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -410692 | UnrelatedBusinessRevenue |
| Exclusion | $251,934 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 521654 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 58775115 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16011081 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -184874 | UnrelatedBusinessRevenue |
| Exclusion | $12,809,470 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 401530 | Total |
| Program Services | 401530 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2841093 | Total |
| Program Services | 2841093 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1628988 | Total |
| Program Services | 509277 | ProgramServices |
| Management And General | 935792 | ManagementAndGeneral |
| Fundraising | 183919 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27307581 | Total |
| Program Services | 22171984 | ProgramServices |
| Management And General | 3855754 | ManagementAndGeneral |
| Fundraising | 1279843 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1852844 | Total |
| Program Services | 1472316 | ProgramServices |
| Management And General | 287115 | ManagementAndGeneral |
| Fundraising | 93413 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1787411 | Total |
| Program Services | 1420321 | ProgramServices |
| Management And General | 276975 | ManagementAndGeneral |
| Fundraising | 90115 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1812494 | Total |
| Program Services | 1440253 | ProgramServices |
| Management And General | 280862 | ManagementAndGeneral |
| Fundraising | 91379 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29745 | Total |
| Management And General | 29745 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112705 | Total |
| Management And General | 112705 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11907 | Total |
| Program Services | 11907 | ProgramServices |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56494 | Total |
| Fundraising | 56494 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1999388 | Total |
| Management And General | 1999388 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87191 | Total |
| Program Services | 85444 | ProgramServices |
| Management And General | 1747 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 480228 | Total |
| Program Services | 441277 | ProgramServices |
| Management And General | 32806 | ManagementAndGeneral |
| Fundraising | 6145 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2514863 | Total |
| Program Services | 1491458 | ProgramServices |
| Management And General | 1023405 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2555640 | Total |
| Program Services | 2418293 | ProgramServices |
| Management And General | 137347 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 759401 | Total |
| Program Services | 647314 | ProgramServices |
| Management And General | 46971 | ManagementAndGeneral |
| Fundraising | 65116 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2590444 | Total |
| Program Services | 2373493 | ProgramServices |
| Management And General | 207611 | ManagementAndGeneral |
| Fundraising | 9340 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6532121 | Total |
| Program Services | 6078017 | ProgramServices |
| Management And General | 454104 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 481414 | Total |
| Program Services | 154204 | ProgramServices |
| Management And General | 322453 | ManagementAndGeneral |
| Fundraising | 4757 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| retirement incentives | 3793627 | 3037752 | 306933 | 448942 |
| outreach programs | 3147347 | 3147347 | ||
| RESIDENCE/FOOD Service | 2530570 | 2530570 | ||
| boone tavern | 2003345 | 2003345 | ||
| utilities | 1814141 | 1646696 | 116649 | 50796 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4652655 | Total |
| Program Services | 3095064 | ProgramServices |
| Management And General | 1446389 | ManagementAndGeneral |
| Fundraising | 111202 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73785167 | Total |
| Program Services | 59418955 | ProgramServices |
| Management And General | 11874751 | ManagementAndGeneral |
| Fundraising | 2491461 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25541384 | BOY |
| EOY | 40837127 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12208222 | BOY |
| EOY | 10707073 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1339630 | BOY |
| EOY | 1785669 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1434029 | BOY |
| EOY | 1297289 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2842208 | BOY |
| EOY | 1698898 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 207536316 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 60468089 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149801989 | BOY |
| EOY | 147068227 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 610984085 | BOY |
| EOY | 627629400 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221877015 | BOY |
| EOY | 264597600 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1662798 | BOY |
| EOY | 1540039 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4846218 | BOY |
| EOY | 2262097 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1032537578 | BOY |
| EOY | 1099423419 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7784129 | BOY |
| EOY | 9818073 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144722 | BOY |
| EOY | 141973 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63975549 | BOY |
| EOY | 61560567 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16005680 | BOY |
| EOY | 17547336 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87910080 | BOY |
| EOY | 89067949 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 615759311 | BOY |
| EOY | 661168384 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81449675 | BOY |
| EOY | 91832128 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 247418512 | BOY |
| EOY | 257354958 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 944627498 | BOY |
| EOY | 1010355470 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1032537578 | BOY |
| EOY | 1099423419 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $11,907 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 11907 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | GENERAL LOBBYING OF U.S. CONGRESS IN SUPPORT OF EDUCATION RELATED APPROPRIATION PROJECTS. LOBBYING EXPENSES TOTALING $11,907 WERE PROVIDED BY WILLIAM A. BLAKELY AND ASSOCIATES AND ARENT FOX,PLLC. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 16000 | RevenuesIncluded |
| Assets In Part X | 4079531 | 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 | 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 Minus1 Year CurrentYearMinus1Year
| 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 | 0.44010 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.55960 | 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 | 187310739 | OtherCostOrOtherBasis |
| Depreciation | 52506632 | Depreciation |
| Book Value | 134804107 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14409655 | OtherCostOrOtherBasis |
| Depreciation | 7961457 | Depreciation |
| Book Value | 6448198 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4079531 | OtherCostOrOtherBasis |
| Book Value | 4079531 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 147068227 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| private equity | 82582400 | F |
| HEDGE FUNDS | 125520700 | F |
| REAL ESTATE | 22420500 | F |
| structured notes | 34074000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 264597600 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| AGENCY FUNDS | $467,373 |
| REVOCABLE GIFT AGREEMENTS | $61,000 |
| CHARITABLE LEAD TRUST LIABILITY | $351,300 |
| FUTURE PYMT LIAB ON ANNUITY CONTRACTS | $11,764,300 |
| WORKERS COMP - LONG TERM PORTION | $117,400 |
| LONG TERM PORTION ASSET RETIREMENT LIABILITY | $593,893 |
| 457(b) plan | $69,870 |
| interest rate swap | $4,122,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 17547336 | TotalOfAmounts |
| Total Revenue | 58775115 | TotalRevenue |
| Total Expenses | 73785167 | TotalExpenses |
| Excess Or Deficit For Year | -15010052 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 81588378 | NetUnrealizedGLOnInvestments |
| Other | -$850,354 | OtherAmount |
| Total Adjustments | 80738024 | TotalAdjustments |
| Excess Or Deficit Per FS | 65727972 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 136261580 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 81588378 | NetUnrealizedGainsInvestments |
| Other Revenues | 4075169 | OtherRevenues |
| Revenue Not Rptd F990 | 85663547 | RevenueNotRptdF990 |
| Revenue Subtotal | 50598033 | RevenueSubtotal |
| Other Revenues Not Included | 8177082 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 8177082 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 58775115 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 70533608 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1588922 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1588922 | ExpensesNotRptdF990 |
| Expenses Subtotal | 68944686 | ExpensesSubtotal |
| Other Expenses Not Included | 4840481 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 4840481 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 73785167 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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. 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, 2010, the College has approximately 4,500 individual endowment funds of which approximately 1,900 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 XI, Line 8 - Other Adjustments: | CHANGE IN ANNUITY PAYMENT LIABILITY OF ANNUITY CONTRACTS: 336947. CHANGE IN FUNDS HELD IN TRUST BY OTHERS: 2149300. ANNUITY PAYMENTS: -1918101. INTEREST RATE SWAPS: -1418500. | |
| Part XII, Line 2d - Other Adjustments: | COST OF SALES NETTED AGAINST INCOME ON 990: 1304566. RENTAL EXPENSES NETTED AGAINST INCOME ON 990: 284356. CURRENT YEAR'S ADJUSTMENT ON FUTURE ANNUITY PAYMENTS: 336947. change in funds held by others: 2149300. | |
| Part XII, Line 4b - Other Adjustments: | STUDENT AID GRANTS NETTED AGAINST INCOME ON FINANCIAL STATEMENTS: 2841093. INVESTMENT MANAGEMENT FEES NETTED AGAINST INCOME ON FINANCIAL STATEMENTS: 1999388. PAYMENTS TO ANNUITANTS: 1918101. INTEREST RATE SWAPS: 1418500. | |
| Part XIII, Line 2d - Other Adjustments: | COST OF SALES NETTED AGAINST INCOME ON 990: 1304566. RENTAL EXPENSES NETTED AGAINST INCOME ON 990: 284356. | |
| Part XIII, Line 4b - Other Adjustments: | STUDENT AID GRANTS NETTED AGAINST INCOME ON FINANCIAL STATEMENTS: 2841093. INVESTMENT MANAGEMENT FEES NETTED AGAINST INCOME ON FINANCIAL STATEMENTS: 1999388. |
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 |
| Pub Via Broadcast Media Expln | 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. IT PUBLISHES ITS RACIALLY NONDISCRIMINATORY policy IN BROCHURES AND CATALOGS DEALING WITH STUDENT admissions, PROGRAMS, AND SCHOLARSHIPS. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | BEREA COLLEGE RECEIVES FEDERAL STUDENT AID ON BEHALF OF ENROLLED STUDENTS. THE COLLEGE ALSO RECEIVES AN APPROPRIATION THROUGH ITS DESIGNATION AS A WORK COLLEGE. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (13 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland & Greenland) | INVESTMENTS | ||
| Central America and the Caribbean | INVESTMENTS | ||
| East Asia and the Pacific | INVESTMENTS | ||
| Middle East and North Africa | PROGRAM SERVICE | INSTRUCTIONAL COURSES | 84771 |
| South America | PROGRAM SERVICE | INSTRUCTIONAL COURSES | 62624 |
| Europe (Including Iceland & Greenland) | PROGRAM SERVICE | INSTRUCTIONAL COURSES | 54399 |
| Central America and the Caribbean | PROGRAM SERVICE | STUDY ABROAD | 2275 |
| East Asia and the Pacific | PROGRAM SERVICE | STUDY ABROAD | 51452 |
| Europe (Including Iceland & Greenland) | PROGRAM SERVICE | STUDY ABROAD | 120054 |
| Middle East and North Africa | PROGRAM SERVICE | STUDY ABROAD | 65172 |
| Russia & the Newly Independent States | PROGRAM SERVICE | STUDY ABROAD | 6860 |
| South America | PROGRAM SERVICE | STUDY ABROAD | 61742 |
| Sub-Saharan Africa | PROGRAM SERVICE | STUDY ABROAD | 14058 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 523407 | TotalAmountSpent |
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 | GRENZEBACH GLIER AND ASSOCIATES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | BENCHMARK AND REVIEW | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 56494 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 56494 | TotalRetainedByContractors |
| 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 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (27 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) | 30000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| frontier nursing service | |||||||
| 170 prosperous place | lexington | KY | 40509 | 611124266 | 501(c)(3) | 10000 | 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) | 45300 | 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) | 9500 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| red bird mission inc | |||||||
| 70 queendale center | beverly | KY | 40913 | 610674373 | 501(c)(3) | 10000 | 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) | 14500 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| university of kentucky | |||||||
| 219 sturgill development building | lexington | KY | 40506 | 616001218 | 501(c)(3) | 20000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| church of christ union | |||||||
| 213 prospect st | berea | KY | 40403 | 610444677 | 501(c)(3) | 9500 | 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) | 22500 | 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) | 10000 | 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) | 26500 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| national safe place inc | |||||||
| 2411 bowman ave | louisville | KY | 40217 | 204343628 | 501(c)(3) | 12800 | 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) | 11300 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| pine mountain settlement school | |||||||
| 36 highway 510 | pine mountain | KY | 40810 | 610444789 | 501(c)(3) | 19770 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| children's center of the cumberland | |||||||
| po box 4314 | oneida | TN | 37841 | 621873070 | 501(c)(3) | 13500 | 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) | 12000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| lotts creek community school | |||||||
| 5837 lotts creek road | hazard | KY | 41701 | 610482965 | 501(c)(3) | 10000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| appalshop inc | |||||||
| 91 madison ave | whiteburg | KY | 41858 | 610890210 | 501(c)(3) | 10000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| big ugly community center | |||||||
| 1701 5th avenue | harts | WV | 25524 | 550746556 | 501(c)(3) | 10000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| habitat for humanityrestore | |||||||
| 3800 nw 22nd ave | miami | FL | 33142 | 383672967 | 501(c)(3) | 5110 | 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) | 8000 | 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) | 7500 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| hazard medical education foundation | |||||||
| 750 morton blvd | hazard | KY | 41701 | 161673654 | 501(c)(3) | 13750 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| kentucky communities economic opportunity council | |||||||
| po box 490 | barbourville | KY | 40906 | 610647835 | 501(c)(3) | 5000 | SUPPORT OF ORGANIZATION WORKING TO IMPROVE GENERAL WELFARE WITHIN THE APPALACHIAN REGION |
| MADISON COUNTY HOME ENERGY IMPROVEMENT PROGRAM INC | |||||||
| 108 HIGH ST | BEREA | KY | 40403 | 264077682 | 501(c)(3) | 5000 | 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 | 27 | 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 $38,279,700. | TypeOfGrant |
| Number Of Recipients | 1564 | NumberOfRecipients |
| Amount Of Cash Grant | 2841093 | 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: ALL GRANT APPLICATIONS ARE KEPT IN STORAGE FOR SEVEN YEARS WITH HARD COPY AND ELECTRONIC WHEN AVAILABLE. PREVIOUSLY UNFUNDED APPLICANTS FOR GRANT MONIES FROM BEREA COLLEGE APPALACHIAN FUND (BCAF) AS WELL AS GRANTEES WHO HAVE BEEN FUNDED IN PREVIOUS YEARS FOLLOW CRITERIA AND A FORMAT WHICH ARE CLEARLY STATED ON THE PROGRAM WEBSITE. ALL APPLICANTS, WITH THE EXCEPTION OF FIRST-TIME GRANTEES, WHO ARE SUCCESSFUL IN THEIR REQUEST FOR FUNDING, 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMBURGEY JEFFREY S | |||||||||||||
| 133056 | 0 | 0 | 0 | 0 | 0 | 12944 | 0 | 7440 | 0 | 153440 | 0 | 0 | 0 |
| BROWNER STEPHANIE P | |||||||||||||
| 133351 | 0 | 0 | 0 | 0 | 0 | 12924 | 0 | 7439 | 0 | 153714 | 0 | 0 | 0 |
| karcher STEVEN D | |||||||||||||
| 145559 | 0 | 0 | 0 | 25200 | 0 | 14024 | 0 | 7468 | 0 | 192251 | 0 | 0 | 0 |
| LARAMEE WILLIAM | |||||||||||||
| 143651 | 0 | 0 | 0 | 0 | 0 | 13724 | 0 | 7459 | 0 | 164834 | 0 | 0 | 0 |
| NEWTON CAROLYN | |||||||||||||
| 140609 | 0 | 0 | 0 | 0 | 0 | 13464 | 0 | 7316 | 0 | 161389 | 0 | 0 | 0 |
| SHINN LARRY D | |||||||||||||
| 285439 | 0 | 0 | 0 | 734 | 0 | 50014 | 0 | 21386 | 0 | 357573 | 0 | 0 | 0 |
| WILSON ii JUDGE B | |||||||||||||
| 210643 | 0 | 0 | 0 | 0 | 0 | 20449 | 0 | 7441 | 0 | 238533 | 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. THE EMPLOYMENT AGREEMENT FOR THE VICE PRESIDENT FOR ALUMNI AND COLLEGE RELATIONS INCLUDES AUTHORIZATION FOR SPOUSAL TRAVEL WHEN THE SPOUSE'S PRESENCE IS REQUIRED AT A FUNCTION DIRECTLY LINKED TO DEVELOPMENT ACTIVITIES. | 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 |
|---|---|---|---|---|---|---|
| city oF BEREA KENTUCKY | ||||||
| 616001787 | 083536be1 | 2003-12-11 | 10240000 | various capital projects & refund bonds issued 3/16/1994 | 0 | 0 |
| city oF BEREA KENTUCKY | ||||||
| 616001787 | 083536bw1 | 2005-09-27 | 8939461 | central heat plant and various capital retrofits | 0 | 0 |
| city OF BEREA KENTUCKY | ||||||
| 616001787 | 083536bd3 | 2003-07-08 | 21324607 | REFUND BONDS ISSUED 6/6/2001 FOR various capital projects | 0 | 0 |
| city oF BEREA KENTUCKY | ||||||
| 616001787 | 2008-07-07 | 4500000 | emery building renovation | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Issuance Costs From ProceedsIssuanceCostsFromProceeds |
|---|---|---|---|---|---|---|---|
| 10253342 | 10253342 | 2004 | 1 | 0 | 1 | 1 | |
| 9064215 | 9064215 | 2006 | 0 | 0 | 1 | 1 | |
| 21324607 | 21172897 | 2003 | 1 | 0 | 1 | 1 | 151710 |
| 4636531 | 4636531 | 2009 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 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 | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| ubs ag | ||||||
| 0 | 1 | 1 | 25.500000000000 | 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 | |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| SHAWN JOHNSON | |||
| TRUSTEE | 792147 | SSGA FEES MR. 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. BOARD MINUTES WILL SHOW THAT MR. JOHNSON RECUSES HIMSELF FROM ANY DECISIONS PERTAINING TO STATE STREET GLOBAL ADVISERS DURING INVESTMENT COMMITTEE MEETINGS. AMOUNT OF TRANSACTION INCLUDES INVESTMENT FEES PAID TO STATE STREET FOR FYE 6/30/10. NO FEES WERE PAID TO MR. JOHNSON BY THE COLLEGE. | 0 |
| NANCY SHINN | |||
| PRESIDENT'S SPOUSE | 32258 | 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. DURING THE 2009-10 ACADEMIC YEAR, MS. SHINN PREPARED OVER 80 EVENTS IN THE PRESIDENTS' HOME FOR OVER 1,300 VISITORS. | 0 |
| STEPHEN PULSFORD | |||
| DEAN'S SPOUSE | 60830 | SALARY STEPHEN PULSFORD IS THE SPOUSE OF DEAN OF THE FACULTY STEPHANIE BROWNER, AND IS EMPLOYED BY BEREA COLLEGE AS ASSOCIATE PROFESSOR. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 16000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 12854 | 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 | 1275 | 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 | 48 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1059440 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1120 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
Archaeological Artifacts ArchaeologicalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 100 | 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 | 10 | 2332 | FAIR market value |
| X | computer equipment | 1 | 27587 | faiR market value |
| X | art supplies | 6 | 8809 | faiR market value |
| X | musical instruments | 1 | 1850 | fAIR market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | 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 (10 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 4 | DURING THE 2009-10 FISCAL YEAR, THE BY-LAWS OF BEREA COLLEGE (PRIMARILY SECTIONS 6 AND 7) WERE AMENDED TO REFLECT CONSOLIDATION AND REDUCTION IN THE SIZE OF THE ADMINISTRATIVE AND ORGANIZATIONAL STRUCTURE OF THE COLLEGE. THESE CHANGES INCLUDE THE MERGER OF THE ACADEMIC OFFICER POSITIONS OF THE ACADEMIC VICE-PRESIDENT AND PROVOST AND THE DEAN OF FACULTY INTO A SINGLE OFFICER POSITION KNOWN AS THE ACADEMIC VICE-PRESIDENT AND DEAN OF THE FACULTY, WITH SUCH OFFICER HAVING ALL OF THE DUTIES AND RESPONSIBILITIES OF THE FORMER TWO POSITIONS. OWING TO THE COLLEGE'S INCREASED EMPHASIS ON SUSTAINABILITY, THE BY-LAWS (PRIMARILY SECTION 8) WERE ALSO AMENDED TO REFLECT THAT THE OFFICER POSITION OF VICE-PRESIDENT FOR BUSINESS AND ADMINISTRATION WAS RETITLED AS THE VICE-PRESIDENT FOR OPERATIONS AND SUSTAINABILITY, WITH SUCH OFFICER POSITION HAVING ALL OF ITS EXISTING DUTIES AND RESPONSIBILITIES, AS WELL AS THE ADDITIONAL RESPONSIBILITY OF SERVING AS THE COLLEGE'S CHIEF SUSTAINABILITY OFFICER. THESE AMENDMENTS WERE ADOPTED BY THE BOARD OF TRUSTEES OF BEREA COLLEGE AT ITS REGULAR MEETING ON MAY 22, 2010, EFFECTIVE AS OF JULY 1, 2010. | |
| 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 | In the spring of each year, the College's Office of Institutional Research and Assessment (OIRA) prepares a comparative analysis of presidential and officer salaries and benefits at the College's Frame of Reference (FOR) 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 by OIRA directly to the college FOR institutions to gather additional information. ORIA also prepares an analysis comparing 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. Periodically (usually every 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 recommendation and prepares its own recommendation concerning the President's compensation. At each May meeting of the Board of Trustees, the Board meets, in executive session, to receive a report from the Chair 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. 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 actions are then reported to the full board. | |
| 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 XI, 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. | |
| Schedule G, Part I, Line 2b, Column (v) | THE COLLEGE HIRED A DEVELOPMENT CONSULTANT TO BENCHMARK WITH SIMILAR INSTITUTIONS, REVIEW DEPARTMENTAL STRUCTURE, FUNCTIONS, ETC. AND MAKE OBSERVATIONS AND RECOMMENDATIONS. | Explanation of Fundraising Payments |
| FORM 990, PART V, LINE 2A | BEREA COLLEGE, CLASSIFIED AS A FEDERAL WORK COLLEGE, HAS A STUDENT LABOR PROGRAM IN WHICH ALL STUDENTS ARE REQUIRED TO WORK 10 OR MORE HOURS PER WEEK. SOME STUDENTS WORK DURING THE NON-ACADEMIC PERIODS OF THE YEAR AND EARN TAXABLE INCOME. STUDENTS EARNING TAXABLE INCOME ARE INCLUDED IN THE TOTAL REPORTED. OF THE 1,215 EMPLOYEES REPORTED, 565 WERE STUDENTS. | NUMBER OF EMPLOYEES REPORTED ON FORM W-3 |
| 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 PREPARATORY 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 III, LINE 1 | The College has one campus located in Berea, Kentucky, with an enrollment of approximately 1,600 students and employing approximately 450 non-student employees. Founded in 1855, Berea College was the first college in the South to educate blacks and whites, women and men, together. The College has an inclusive Christian character, expressed in its motto "God has made of one blood all peoples of the Earth." Minorities and international students currently make up approximately 30% of the student population. Over 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 in Central and Southern Appalachia and providing them full-tuition scholarships. Currently, the average annual household income of Berea students is about $30,000. Accordingly, the College is dependent on gifts and donations to help provide a low cost but high quality education. Since the College provides full-tuition scholarships for all students, this cost is funded internally primarily from the spendable return on the institution's endowment that funds approximately 78% of the net educational and general operating budget. Annual fund gifts contribute another 9% of the budget. In addition to the full-tuition scholarships for every student, the College also provides institutional grant aid to assist students with room, board, books and supplies. As one of a handful of recognized Work Colleges in the United States, Berea's students are required to work a minimum of ten hours weekly in an integrated work-learning-service program. Berea's Labor Program helps in staffing College operations, provides a democratic environment, helps students develop a strong work ethic, and demonstrates that all labor - mental and manual - has dignity. Although the earnings are modest, they provide an important resource for meeting the non-tuition costs of a Berea education. Because Berea intentionally serves a population with limited financial resources, about 50% of Berea's students come from families who can contribute nothing to their college costs. The hallmarks of Berea College are that it offers a residential, tuition-free, liberal arts education for men and women of all races, ethnicities, and religions, in a community dedicated to egalitarian principles. The College is committed to serving the Appalachian region primarily through education but also by other appropriate services. The Appalachian Center was created in 1970 to bring together existing outreach programs and to guide the creation of new services. The Center gives concentrated leadership to Berea's Appalachian activities and serves the nation as a source of information about Appalachia. The Center for Excellence in Learning Through Service was created in 2000 to house a variety of student-led service programs and community outreach offices integrating service into the College's curriculum. Under a grant from the U.S. Department of Education, the College also operates a "Gaining Early Awareness and Readiness for Undergraduate Program" (GEAR UP) partnership serving 6 high-poverty school districts through intensive programming and relationships with 10 schools in 5 Appalachian counties in Kentucky. Berea has demonstrated its commitment to plain and sustainable living through campus structures, curriculum, and operations. Berea College had the first Leadership in Energy and Environmental Design (LEED) certified building in Kentucky (historic Lincoln Hall, built in 1886). Berea College has completed approximately $140 million in sustainable design projects on campus, 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. Foods grown at the College farm and greenhouses are served in the student dining hall. The College curriculum includes sustainable design courses and living "green" is a part of student experiences in the residence halls. | 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) |
|---|---|---|
| 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 |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | berea interchange development corp | BusinessNameLine1 |
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