| FORM 990 PART I LINE 6: |
VOLUNTEERS VOLUNTEERS ARE INDISPENSABLE TO THE UNIVERSITY IN THE ACCOMPLISHMENT OF THE UNIVERSITY'S EDUCATIONAL MISSION. THE BOARD OF TRUSTEES IS A COMPLETELY VOLUNTEER BOARD COMPRISED OF INDIVIDUALS WHO GIVE THEIR TIME, ENERGY AND TALENTS TO PROVIDE GUIDANCE FOR THE EFFICIENT AND EFFECTIVE GOVERNANCE OF THE UNIVERSITY. STUDENTS AND STAFF VOLUNTEER THEIR TIME AND EFFORT IN ACTIVITIES SUCH AS HELPING FRESHMEN STUDENTS MOVE INTO DORMITORIES AND ACQUAINTING THEM WITH THE CAMPUS. STUDENTS ALSO ASSIST IN DEVELOPMENT ACTIVITIES, SUCH AS THE ANNUAL "TELEFUND", TO RAISE FUNDS NEEDED TO SUPPORT THE UNIVERSITY'S EDUCATIONAL MISSION. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE UNIVERSITY'S PROCESS OF REVIEWING THE FORM 990: THE UNIVERSITY PROVIDED ITS SUBSTANTIALLY COMPLETE FORM 990 TO MEMBERS OF THE TRUSTEES AUDIT AND RISK COMMITTEE. A MEETING WITH THESE COMMITTEE MEMBERS WAS HELD WITH SYRACUSE UNIVERSITY'S CHANCELLOR AND PRESIDENT AND SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER TO REVIEW THE FORM AND SUMMARY REPORT. THIS REVIEW INCLUDED A WALKTHROUGH OF THE FORM AND SCHEDULES WITH DIALOGUE ON SIGNIFICANT ITEMS AND POINTS AND A FURTHER EXPANSION OF INFORMATION PROVIDED IN THE SUMMARY REPORT. QUESTIONS WERE ADDRESSED AS RAISED BY COMMITTEE MEMBERS. ONCE FINALIZED, THE COMPLETE COPY OF THE UNIVERSITY'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS) IS PROVIDED TO EACH VOTING MEMBER OF THE BOARD THROUGH A SECURED SYRACUSE UNIVERSITY BOARD OF TRUSTEES WEB PORTAL BEFORE ITS FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE UNIVERSITY'S REGULAR AND CONSISTENT MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY: ARTICLE XI OF SYRACUSE UNIVERSITY'S BYLAWS REQUIRE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE BE COMPLETED BY EACH TRUSTEE AND OFFICER. ADDITIONALLY, THE UNIVERSITY REQUIRES KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES AND OTHER IDENTIFIED EMPLOYEES AND GROUPS OF EMPLOYEES TO COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE. ALL COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE CONFLICTS OF INTEREST ADMINISTRATOR; THE COMPTROLLER ALSO REVIEWS THOSE OF TRUSTEES, OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. CONFLICTS ARE REPORTED TO THE AUDIT AND RISK COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION POLICY COMPENSATION FOR THE CHANCELLOR AND PRESIDENT, OFFICERS, KEY EMPLOYEES AND CERTAIN OTHER COVERED INDIVIDUALS IS ESTABLISHED ACCORDING TO UNIVERSITY POLICIES THAT MEET THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTIONS PROVISIONS UNDER TREAS. REG. 53.49586. ON AN ANNUAL BASIS, TYPICALLY IN JUNE, THE UNIVERSITY'S EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHO ARE INDEPENDENT AND FREE OF ANY CONFLICTS OF INTEREST THAT WOULD INTERFERE WITH THEIR EXERCISE OF INDEPENDENT JUDGMENT, MEETS TO REVIEW THE COMPENSATION OF UNIVERSITY LEADERSHIP. THE EXECUTIVE COMMITTEE REVIEW IS TO DETERMINE THE REASONABLENESS OF COMPENSATION FOLLOWING RECOMMENDATIONS BY THE UNIVERSITY LEADERSHIP, REVIEW OF NATIONAL, HIGHER EDUCATION COMPENSATION SURVEYS AND INTERNAL COMPENSATION DATA. A RECORD OF THE REVIEW IS RECORDED IN THE MINUTES OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
PUBLIC DISCLOSURE SYRACUSE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE UNIVERSITY'S WEBSITE. |
| FORM 990, PART XI, LINE 9: |
POSTRETIREMENT BENEFIT OBLIGATION CHANGE 8,395,046. |
Attach to Form 990 or 990-EZ.