How Schools Should Post Their Nondiscrimination Policy

Apr 1, 2022, 2:44 PM

(from CliftonLarsonAllen) As many educational institutions are finalizing their Form 990 for tax years ending in 2021, this might be a helpful reminder for your Schedule E reporting. The Internal Revenue Service issued a long-awaited update in 2019, Revenue Procedure 2019-22, regarding publicizing your educational institution’s racial nondiscrimination policy. A college, university or independent school is required to have a racial nondiscrimination policy with regard to students in order to qualify as a tax-exempt organization. This means adopting a policy, operating the nondiscrimination policy in a bona fide manner, and making it known to the general public. To satisfy the publication requirement institutions no longer need to take out advertisements in the local newspaper to provide notice, or to use broadcast media, as long as the nondiscrimination policy regarding students is on a publicly accessible Internet homepage and meets specific posting criteria.