On September 3, 2026, the U.S. Department of Treasury (the Treasury), through the Internal Revenue Service (IRS), proposed new regulations that aim to revoke the federal tax-exempt status of educational institutions that use race, color, or national origin in their policies and practices. Proposed under Internal Revenue Code Section 501(c)(3), the regulations would apply to any private institution that adopts, maintains, or enforces race- or national origin-based policies across its operations, including admissions, scholarships, loans, athletics, and other programs.… Continue Reading
