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—…
The Coalition for National Science Funding, which includes AAU, sent a letter urging the leaders of the House and Senate Appropriations Committees to provide the highest possible FY23 302(b) allocation for the Commerce, Justice, Science, and Related Agencies Appropriations Subcommittees.
The Coalition for Aerospace and Science sent a letter to leaders of the House and Senate Subcommittees on Commerce, Justice, Science and Related Agencies requesting at least $27.84 billion in funding for NASA in FY23, including $9 billion for NASA’s Science Mission Directorate.
AAU joined 89 other associations and organizations in urging Congress “to support and prioritize the mental and behavioral health needs” of students in higher education. The associations’ letter notes that the mental health crisis among college students has long been under addressed and has…
AAU joined ACE and 31 other organizations on a letter to Senate HELP Committee leaders urging them to adopt a amendment by Senator Chris Murphy to add the ‘‘Temporary Reciprocity to Ensure Access to Treatment Act,” or TREAT Act to the PREVENT Pandemics Act (S. 3799).
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).