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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
2019
Open to Public
Inspection
Name of the organization
Emory University
 
Employer identification number
58-0566256
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 PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY
  		58-1407780 74265LA57 08-15-2013 214,792,974 SEE PART VI - 2013A   X   X   X
B PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY
  		58-1407780 74265LA73 08-15-2013 192,965,000 SEE PART VI - 2013BC   X   X   X
C PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY
  		58-1407780 74265LK23 09-29-2016 151,433,077 SEE PART VI - 2016A   X   X   X
D PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY
  		58-1407780 74265LM70 09-29-2016 249,693,667 SEE PART VI -2016B   X   X   X
Private Colleges and Universities Authority
  		58-1407780 74265LS41 08-28-2019 327,814,168 See Part VI - 2019AB   X   X   X
Private Colleges and Universities Authority
  		58-1407780 74265LU22 06-02-2020 604,691,529 See Part VI - 2020B   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 25,295,000 57,865,000 0 20,430,000
2 Amount of bonds legally defeased .............. 0 0 0 0
3 Total proceeds of issue .................. 214,803,734 192,990,232 151,460,048 249,693,667
4 Gross proceeds in reserve funds ............. 0 0 0 0
5 Capitalized interest from proceeds ............. 2,745,515 687,020 5,221,507 0
6 Proceeds in refunding escrows ............... 0 0 0 0
7 Issuance costs from proceeds ............... 1,564,110 1,197,475 938,464 1,601,876
8 Credit enhancement from proceeds ............. 0 0 0 0
9 Working capital expenditures from proceeds ............. 0 0 0 0
10 Capital expenditures from proceeds ............. 151,525,683 33,680,736 145,300,077 0
11 Other spent proceeds ............. 58,968,426 157,425,000 0 248,091,791
12 Other unspent proceeds ............. 0 0 0 0
13 Year of substantial completion ............. 2017 2017 2018 2017
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 2018, a current refunding issue)? ........ 		X   X     X X  
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2018, an advance refunding issue)? ........ 		X     X   X X  
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
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   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X     X X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
Page 2
Part Ⅲ
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   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?   X   X       X
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   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 0.64 % 0.53 % 0 % 0.31 %
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 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0.64 % 0.53 % 0 % 0.31 %
7 Does the bond issue meet the private security or payment test? ...   X   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   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. .. 0.01 % 0.05 %    
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X   X        
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   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   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X X   X  
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   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   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   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 X  
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   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   X  
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I, Column (f) PURPOSE AND ISSUE DATE OF REFUNDED ISSUES A. 2013A - NEW FACILITY CONSTRUCTION AND DEBT REFUNDING: 10/17/2002 (2002A), 09/04/2010 (2010 CP), 08/04/05 (2005A), 08/25/05 (2005C) B. 2013BC - NEW FACILITY CONSTRUCTION AND DEBT REFUNDING: 08/25/05 (2005C) C. 2016A - NEW FACILITY CONSTRUCTION D. 2016B - DEBT REFUNDING: 06/19/2008 (2008C), 08/04/2005 (2005A), 9/1/2016 (CP) E. 2019AB - New Facility Construction; Refinance 2009B, 2009C, and 2009A (Taxable) issues F. 2020B - Refund 08/25/05 (2005B), 8/25/05 (2005C), 8/15/2013 (2013C) bonds, 9/13/2018 CP (Tax-exempt), 11/29/2018 CP (Taxable)
Schedule K, Part II, Line 3 SCH K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE THE PART I, COLUMN (E) "ISSUE PRICE" DOES NOT AGREE WITH THE PART II, LINE 3 "TOTAL PROCEEDS OF ISSUE" FOR CERTAIN BONDS DUE TO THE INCLUSION OF INVESTMENT EARNINGS ON THE PROCEEDS ACCOUNTS. THE CUMULATIVE INVESTMENT EARNINGS INCLUDED IN PART II, LINE 3 ARE AS FOLLOWS: PRIVATE COLLEGES AND UNIVERSITIES CUSIP # 74265LA57 (2013A) $10,761 PRIVATE COLLEGES AND UNIVERSITIES CUSIP # 74265LA73 (2013BC) $25,232 PRIVATE COLLEGES AND UNIVERSITIES CUSIP # 74265LK23 (2016A) $26,970 PRIVATE COLLEGES AND UNIVERSITIES CUSIP # 74265LS41 (2019AB) $87 PRIVATE COLLEGES AND UNIVERSITIES CUSIP # 74265lu22 (2020b) $5,371
Schedule K, Part IV, Line 2c REBATE COMPUTATIONS PERFORMED ISSUE 2013A - 8/15/2018 ISSUE 2013B - 8/15/2018
Schedule K, Part IV, Line 6 SCH K, PART IV, LINE 6 A PORTION OF THE PROCEEDS OF THE SERIES 2013A AND 2016B BONDS WERE USED TO ADVANCE REFUND PRIOR OBLIGATIONS, AND THEREFORE, GROSS PROCEEDS WERE INVESTED BEYOND AN AVAILABLE TEMPORARY PERIOD. HOWEVER, THE PROCEEDS USED IN THE ADVANCE REFUNDING WERE YIELD RESTRICTED IN ACCORDANCE WITH THE CODE AND TREASURY REGULATIONS. A portion of the proceeds of the series 2013B Bonds were invested in a construction fund beyond an available temporary period. However, the proceeds were yield restricted in accordance with the code and treasury regulations.
Schedule K, Part IV, Line 2c COLUMN A Issuer name: PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY The calculation for computing no rebate due was performed on 08/15/2018
Schedule K, Part IV, Line 2c COLUMN B Issuer name: PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY The calculation for computing no rebate due was performed on 08/15/2018
Schedule K (Form 990) 2019

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