Overview Money In Money Out People Connected Orgs Audits Positions Interview Endorsements
About Berea college seeks to transform the lives of its students and their families by admitting academically promising students from low-income families. CORE to its mission of transforming lives and circumstances, the college covers the cost of tuition for every degree-seeking student. (continued on schedule o)
Donations are tax-deductible
Financial Snapshot FY ending 2023-06-30 Financial history 16 17 18 19 20 21 22 23
Latest FY2023: $157.5M · Peak FY2019: $250.8M · Avg: $198.0M
Foreign activity (Schedule F) Total spent abroad $180.4M
Foreign employees 0
Foreign offices 0
Foreign partnership interest Yes
Foreign trust interest No
Region Activity Spent Central America and the Caribbean — — Europe (Including Iceland and Greenland) — — Central America and the Caribbean — — Central America and the Caribbean — — East Asia and the Pacific — — Europe (Including Iceland and Greenland) — — Middle East and North Africa — — North America (Canada & Mexico only) — — South America — — Sub-Saharan Africa — — North America (Canada & Mexico only) — —
501(h) election This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity Address CPO 2214
Berea, KY, 40404-000
Governance Voting board members 34
Independent members 33
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board Yes
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan No
Compensation committee Yes
Used comp survey Yes
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 52.9%
Permanent endowment % 18.5%
Endowment held by related org No
Fundraising activity (Schedule G) Uses professional fundraisers Yes
Gross fundraising receipts $2.0M
Net to org $1.5M
Retained by contractors $525K
Channels Mail · Phone · Email · In-person · Grant solicitation
Public records
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.