Syracuse University

“Syracuse university has a diverse collection of art, historical treasures and other similar assets, including fine art and ethnographic objects, legal books, archival records, library collections and special collections. The primary purpose of the university's collections is to collect and preserve the cultural and historical record for generations of students and scholars. Su art galleries - the art collection is comprised of a diverse, encyclopedic group of fine art and ethnographic objects by international makers and represents styles and time periods from pre-history to the present. The art collection provides a meaningful educational experience and encounter with the visual arts for students, faculty, staff and the public. Law library - the law book collection is comprised of a diverse and historic group of law books. The law library provides access to information in order to assist in discovering, obtaining and understanding the complex research tools of the legal profession. Archives - the syracuse university archives is an information and research center for faculty, staff, students and others interested in the history of the university. It is dedicated to preserving records that document the history, organization policies, activities, and people of the university, and making those records available to researchers and other interested parties. The archives accepts materials from schools, colleges and departments, alumni, the general public and the university's clubs and organizations. The archives does, on occasion, solicit material from faculty and others that will enhance the overall research value of the collection. To be eligible for inclusion, the records must have some connection to the university. Archival records include but are not limited to the records of the chancellor and the board of trustees; minutes, correspondence and reports of schools, colleges and departments; papers of faculty, staff and alumni; curriculum information including on-line classes; publications; photographs, slides, videotapes and motion picture films; theses and dissertations; newspaper clippings; and memorabilia. Library - the idea of the library - a refuge for human knowledge - is timeless. Syracuse university library's collections span 4,000 years and range from sumerian cuneiform tablets to 21st century digital data sets. Even while the types and forms of knowledge change, the library strives to keep pace, never losing sight of its purpose: to collect and preserve the cultural record for generations of students and scholars. Special collections - the special collections research center maintains and provides access to distinguished collections of rare books, manuscripts, and other archival materials. Syracuse university students, faculty, staff, and other scholars have available to them more than 100,000 printed works and 2,000 archival collections, including important editions, manuscripts, documents, letters, diaries, drawings, photographs and memorabilia.”

“The university maintains a limited number of agency funds, which it holds as custodian or fiscal agent for student organizations and/or outside organizations as an accommodation to the organization. The organizations are then allowed to utilize the university's financial systems and resources to process transactions against these funds.”

“The university endowment consists of approximately 2,000 individual funds established for a variety of purposes; including both donor restricted endowment funds and funds designated by the university to function as endowments. Spending from the university's endowments is donor restricted to various purposes. A majority of the funds provide scholarships and financial assistance to undergraduate, graduate and law school students. Some of the other uses of the funds include, but are not limited to, support for fellowships, the creation and funding of department chairs and professorships, support for various university centers, and support for the university's teaching and research activities. The university's spending policy, which utilizes an annual distribution per unit multiplied by the percentage approved by the trustee and investment and endowment committee, is designed to provide the university a stable level of financial support and to preserve the endowments real value.”

“The university is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code and is generally exempt from income taxes pursuant to section 501(a) of the internal revenue code. Syracuse university hotel and conference center llc, wholly owned by the university, is reported in the university's income tax filings. Drumlins, inc. And blue highway inc. Are taxable subsidiaries of the university, filing their own tax returns. The syracuse university (usa) london program, created for the advancement of education, is a registered charity under the laws of england. The su istanbul program (su istanbul egitim destek ve danisma hizmetleri ticaret limited sirketi), created to promote the university's educational activities in turkey, is a limited liability company established in accordance with the provision of the turkish commercial code. Its operations are governed by the laws of the republic of turkey. The income tax consequences, if any, from these entities are reflected in the financial statements, and do not have a material effect, individually or in the aggregate, on the university's financial statements. The university believes it has taken no significant uncertain tax positions.”

“Part xi, line 2d revenues of subsidiaries $ 731,419 postretirement benefit obligation $ (1,814,358) financial aid $(300,731,613) ----------------- total $(301,814,552)”

“Part xi, line 4b intercompany revenue elimination $2,067,250 rental/fundraising expenses $(1,296,259) ------------- total $ 770,991”

“Part xii, line 2d expenses of subsidiaries $1,732,710 rental/fundraising expenses $1,296,259 ------------ total $3,028,969”

“Part xii line 4b intercompany expense elimination $2,067,253 financial aid $300,731,613 --------------- total $302,798,866”