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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
RIDER UNIVERSITY
 
Employer identification number
21-0650678
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 NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 000000000 07-26-2016 20,805,115 CURRENT REFUND PRIOR PERIOD POOLED FINANCINGS   X   X X  
B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646066F54 12-20-2016 30,676,062 TO RENOVATE SPACE WITHIN THE SCIENCE AND TECHNOLOGY BUILDING   X   X X  
C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646066Z94 11-30-2017 44,228,160 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILITIES   X   X   X
D PUBLIC FINANCE AUTHORITY
  		27-3866124 74442PRH0 05-28-2021 32,920,000 CURRENT REFUND 2012 SERIES A BOND   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 742,349 78,131    
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 2,181,777 1,010,663 45,911,990 32,920,000
4 Gross proceeds in reserve funds .............       5,047,259
5 Capitalized interest from proceeds .............   2,561 4,881,658 876,495
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ...............   8,102 564,023  
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds .............   1,000,000 40,423,046  
11 Other spent proceeds ............. 2,181,777   43,263 28,271,541
12 Other unspent proceeds .............       769,505
13 Year of substantial completion ............. 2017 2022
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 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   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
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021
Page 2

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   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   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 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  
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 59.600 % 0 % 1.000 % 2.200 %
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 % 0.500 % 0.900 %
6 Total of lines 4 and 5 ............. 59.600 % 0 % 1.500 % 3.100 %
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, 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
Schedule K (Form 990) 2021
Page 3

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   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   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
BOND A, PART I(F): BONDS CURRENT REFUNDED: HECIF SERIES 2006A (ISSUED 10/26/2006) AND HECIF SERIES 2005A (ISSUED 08/10/2005).
BOND A, PART II REFLECTS ONLY THE AMOUNTS RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
BOND A, PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED.
BOND A, PART III, LINES 4 & 5: REFLECTS ONLY THE PRIVATE USE PERCENTAGE APPLICABLE TO THE PORTION OF THE BONDS AND THE HECIF SERIES 2004A BONDS (WHICH WERE REFUNDED BY THE HECIF 2006A BONDS) ALLOCABLE TO THE BORROWER ISSUED AFTER JANUARY 1, 2003. ALL OTHER BONDS ISSUED PRIOR JANUARY 1, 2003, HAVE BEEN EXCLUDED FROM PART III ON THIS SCHEDULE.
BOND A, PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS THAT REFUND BONDS ISSUED AFTER DECEMBER 31, 2002 REPRESENTS LESS THAN 5% OF THE BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO SUCH PORTION WOULD NOT EXCEED 5% OF THE BONDS.
BOND A, PART III, LINE 9 AND PART V: THE BORROWER DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K, BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
BOND A, PART IV, LINES 2(B): BONDS HAVE MET THE 6 MONTH EXCEPTION TO REBATE AND, THEREFORE, NO PAYMENT TO THE IRS WILL BECOME DUE ON THE BONDS.
BOND B, PART II REFLECTS ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS.
BOND B, PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY.
BOND B, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
BOND B, PART III, LINE 9 AND PART V: THE BORROWER DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
BOND B, PART IV, LINE 2 (C): THE 5TH YEAR REBATE REPORT WAS PREPARED ON JULY 8, 2021.
BOND C, PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS.
BOND C, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
BOND C, PART III, LINE 9 AND PART V: THE BORROWER DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
BOND D, PART I(F): BONDS WERE ISSUED TO CURRENT REFUND 2012 SERIES A BONDS (ISSUED ON 04/04/2012).
BOND D, PART II, LINE 4: THE DEBT SERVICE RESERVE FUND HAS BEEN PARTIALLY FUNDED BY BOND PROCEEDS AND NON-BOND PROCEEDS.
BOND D, PART II, LINE 13: SINCE PROCEEDS OF THE BONDS WERE ISSUED FOR REFUNDING PURPOSES, THE YEAR OF SUBSTANTIAL COMPLETION HAS NOT BEEN REPORTED.
BOND D, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE.
BOND D, PART III, LINE 9 AND PART V: THE BORROWER DID NOT HAVE WRITTEN PROCEDURES SPECIFICALLY ADDRESSING REMEDIAL ACTION AND VCAP DURING THE TAXABLE YEAR ADDRESSED BY THIS SCHEDULE K BUT EXPECTS TO ADOPT SUCH PROCEDURES IN THE NEAR FUTURE.
BOND D, PART IV, LINE 2(B): THE REFUNDING PORTION OF THE BONDS HAS MET THE 6 MONTH EXCEPTION TO REBATE.
Schedule K (Form 990) 2021

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