Trump admin targets tax-exempt status at private colleges — threatening a key tax break for donations

New Trump Policy Revokes Tax-Exempt Status For Any School Giving Scholarships To Black Students

As many as 18,000 private schools could have their 501(c)(3) tax exemption status revoked if they are found to violate the new rules, which are expected to go into effect on May 31, 2027.

Trump admin targets tax-exempt status at private colleges — threatening a key tax break for donations

The Trump administration proposed ending federal tax-exempt status for private schools using race in admissions or student aid decisions, potentially affecting thousands of institutions and charitable donations.

Trump Administration Pushes To Remove Tax Exemption For Private Colleges With DEI Policies

People take photos near a John Harvard statue (left) on the Harvard University campus, Jan. 2, 2024, in Cambridge, Mass. (Steven Senne / AP Photo) By Collin BinkleyThe Associated PressWASHINGTON (AP) — The Trump administration is proposing a new rule that would strip private schools and colleges of their tax-exempt status if they provide targeted help to students based on their race, a significant escalation in the White House's campaign to erad…

Politico: New IRS proposal threatens universities’ tax-exempt status over diversity programs

Politico: New IRS proposal threatens universities’ tax-exempt status over diversity programs. “The Trump administration unveiled a plan Thursday to cancel the tax-exempt status of universities that it says give preferential treatment to minority students. The proposed regulations released by the IRS are aimed at preventing discrimination on the basis of race and could affect up to 18,000 high schools, universities and trade schools, the agency s…