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 IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ROGER WILLIAMS UNIVERSITY
 
Employer identification number
05-0277222
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 RIHEBC 2006B
  		52-1300173 762197AY7 10-12-2006 17,200,000 Construction   X   X   X
B RIHEBC 2008A
  		52-1300173 762197CK5 07-03-2008 22,935,000 Retire 2006A Bonds   X   X   X
C RIHEBC 2008B
  		52-1300173 762197CM1 08-28-2008 38,000,000 Construction   X   X   X
D RIHEBC 2011A
  		52-1300173   06-02-2011 26,410,000 Refund 1998 Bonds   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired ................. 0 0 0 0
2 Amount of bonds legally defeased ........... 0 0 0 0
3 Total proceeds of issue .................. 17,200,000 22,935,000 38,000,000 26,410,000
4 Gross proceeds in reserve funds ............ 1,137,188 0 0 0
5 Capitalized interest from proceeds ............ 0 0 0 0
6 Proceeds in refunding escrows ............ 0 22,532,642 0 25,879,219
7 Issuance costs from proceeds ............ 714,671 276,243 488,608 237,781
8 Credit enhancement from proceeds ............ 0 0 0 0
9 Working capital expenditures from proceeds ............ 0 0 0 0
10 Capital expenditures from proceeds ............ 15,348,141 126,115 37,511,392 0
11 Other spent proceeds ............ 0 0 0 293,000
12 Other unspent proceeds ............ 0 0 0 0
13 Year of substantial completion ............ 2008 2009 2010 2012
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? .....   X X     X X  
15 Were the bonds issued as part of 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) 2013
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Schedule K (Form 990) 2013
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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?                
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?                
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 % 0 % 0 %
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 % 0 % 0 % 0 %
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.        
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   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? .....   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 you checked "No rebate due" in 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 .....  
  		BANK OF AMERICA
  		BANK OF AMERICA
  		 
 
c Term of hedge .........   1800 % 3000 %  
d Was the hedge superintegrated? .....       X   X    
e Was the hedge terminated? ........       X   X    
Schedule K (Form 990) 2013
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Schedule K (Form 990) 2013
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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 IV, Line 2c-10/12/2006 17,200,000 RIHEBC 2006B Date of last rebate computation was 11/30/2013.
Schedule K, Part IV, Line 2c-07/03/2008 22,935,000 RIHEBC 2008A Date of last rebate computation was 7/2/2013.
Schedule K, Part IV, Line 2c-08/28/2008 38,000,000 RIHEBC 2008B Date of last rebate computation was 8/27/2013.
Schedule K, Part IV, Line 2c-06/02/2011 26,410,000 RIHEBC 2011A Was a current refunding and qualified for the Six-Month Spending Exception from Rebate.
Schedule K (Form 990) 2013

Additional Data


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