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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
SYRACUSE UNIVERSITY
 
Employer identification number
15-0532081
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A TRUST FOR CULTURAL RESOURCES CO OF ONONDAGA
  		80-0516646 68276FCK4 09-12-2013 67,827,371 MULTI-PURPOSE ISSUE REFUNDING BONDS X     X   X
B TRUST FOR CULTURAL RESOURCES CO OF ONONDAGA
  		80-0516646 68276FDS6 12-19-2019 384,214,494 MULTI-PURPOSE ISSUE REFUNDING BONDS   X   X   X
C ONONDAGA CIVIC DEVELOPMENT CORPORATION
  		80-0458240 682832GB0 06-23-2020 151,545,396 REFUNDING ISSUE   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 12,805,000      
2 Amount of bonds legally defeased .............. 47,600,000      
3 Total proceeds of issue .................. 67,869,069 384,506,437 151,545,396  
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ............... 572,007 1,316,494 506,879  
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 67,297,062 138,182,640    
11 Other spent proceeds .............   244,898,000 151,038,517  
12 Other unspent proceeds .............   109,303    
13 Year of substantial completion ............. 2017 2021 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........ 		  X X   X      
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........ 		  X X     X    
16 Has the final allocation of proceeds been made? .......... X     X   X    
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X      
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X X     X    
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............   X   X   X    
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?                
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?   X   X   X    
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0 % 0.030 %    
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet        
6 Total of lines 4 and 5 ............. 0 % 0.030 %    
7 Does the bond issue meet the private security or payment test? ...   X   X   X    
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X      
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X    
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X X   X      
b Exception to rebate? ........   X   X   X    
c No rebate due? ......... X     X   X    
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X   X    
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X    
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X      
Part Ⅴ
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X      
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
PART I, LINE A THIS FINANCING WAS PARTIALLY DEFEASED IN CONJUNCTION WITH A TAXABLE ISSUANCE ON JUNE 23, 2020. THE REMAINING BALANCE NOT DEFEASED REMAINS AN OBLIGATION OF THE UNIVERSITY THAT HAS A MATURITY PRIOR TO THE ORIGINAL CALL DATE AND WILL BE SATISFIED BY THE UNIVERSITY.
PART I, LINE B THIS FINANCING REFUNDED THE FOLLOWING DEBT ISSUANCES (NAME, EIN, CUSIP, DATE ISSUED, AMOUNT): CITY OF SYRACUSE IND DEV AGENCY, 16-1231050, 8717120BU, 12/13/05, $80.0M CITY OF SYRACUSE IND DEV AGENCY, 16-1231050, 871720BZO, 01/30/08, $14.9M ONONDAGA COUNTY IND DEV AGENCY, 16-0193714, 682747HG8, 01/30/08, $26.2M TRUST FOR CULTURAL RESOURCES, 80-0516646, 68276FAL4, 01/14/10, $30.2M OTHER PRE-2003 DEBT ISSUANCES, $44.5M
PART I, LINE C THIS FINANCING REFUNDED THE FOLLOWING DEBT ISSUANCES (NAME, EIN, CUSIP, DATE ISSUED, AMOUNT): CITY OF SYRACUSE IND DEV AGENCY, 16-1231050, 871720BZO, 01/30/08, $50.0M TRUST FOR CULTURAL RESOURCES, 80-0516646, 68276FAL4, 01/14/10, $75.5M
PART I, COLUMN E & PART II, LINE 3 PROCEEDS OF BOND ISSUE DIFFERENCES BETWEEN THE ISSUE PRICE IN PART I AND THE TOTAL PROCEEDS OF ISSUE IN PART II CONSIST SOLELY OF EARNINGS OF CASH WITH TRUSTEE BALANCES. SPECIFIC AMOUNTS OF EARNINGS INCLUDED IN PART II NOT INCLUDED IN PART I ARE AS FOLLOWS: COLUMN B 09/12/2013 ISSUE: 41,698 COLUMN C 12/19/2019 ISSUE: 291,943
OTHER SPENT PROCEEDS PART II, LINE 11, COLUMN C OTHER SPENT PROCEEDS INCLUDES REFUNDING OF PRIOR PERIOD DEBT AND ASSOCIATED SWAPS IN THE AMOUNT OF $244,148,000 AND ISSUER ADMINISTRATIVE FEE OF $750,000. PART II, LINE 11, COLUMN D OTHER SPENT PROCEEDS INCLUDES REFUNDING OF PRIOR PERIOD DEBT AND ASSOCIATED SWAPS IN THE AMOUNT OF $150,833,500 AND ISSUER ADMINISTRATIVE FEE OF $205,016.82. PART II, LINE 15, COLUMN C PART OF THE PROCEEDS FROM THIS BOND ISSUANCE WERE USED TO PAY OFF TAXABLE COMMERCIAL PAPER IN THE AMOUNT OF $30,375,000.
PART IV, COLUMN A & B, LINE 2C COLUMN A- REBATE COMPUTATION WAS PERFORMED 9/12/2018 FOR THE INITIAL FIVE-YEAR PERIOD ENDED 9/12/2018.
Schedule K (Form 990) 2021

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