Unrelated business taxable income (UBIT) is income from a trade or business that is regularly carried on by a tax-exempt organization and is not substantially related to the organization's exempt purpose.
The vast majority of public and private universities and colleges are tax-exempt entities as defined by IRC Section 501(c)(3) because of their educational purposes—purposes that the federal government has long recognized as fundamental to fostering the productive and civic capacity of its citizens—…
This table represents the current status of FY22 appropriations for AAU’s funding priorities at the Departments of Education, Energy, and Defense as well as the National Institutes of Health (NIH), National Science Foundation (NSF), NASA, AFRI, and the National Endowment for the Humanities (NEH).
Status of FY22 appropriations including the President’s FY22 Budget Request for AAU’s funding priorities at the National Science Foundation including Research and Related Activities, Education and Human Resources, and Major Research Equipment & Facilities Construction.
Status of FY22 appropriations including the President’s FY22 Budget Request for AAU’s funding priorities at the Department of Defense including 6.1 Basic Research, 6.2 Applied Research, 6.3 Advanced Technology Development, and DARPA.