The university, which is listed as a candidate for accreditation, notified the commission of its potential changes, which wouldn’t affect its candidacy, Page said.
The university presented SACSCOC with its proposal plan for tax exemption and there is no change in governance, said Pamela Cravey, SACSCOC spokeswoman."The action was an IRS matter and did not constitute a substantive change," Cravey said, SACSCOC has considered the university as a not-for-profit, she said.
In 2008, past President Stephen Jones, great-grandson of evangelist and university founder Bob Jones, apologized for BJU’s past racial discrimination.
But the university hadn’t sought to reinstate its tax-exempt status until 2014 after Steve Pettit took over as the school’s fifth president in its 90-year history.“Organizing as a tax-exempt entity is something BJU has needed to do for quite some time,” Pettit said.
Criticism following Republican presidential candidate George W.
Bush's visit to Bob Jones University has led the school to drop its controversial ban on interracial dating."As of today, we've dropped the rule," Bob Jones III said on CNN's Larry King Live Friday night.
The case rose to the Supreme Court, which ruled in 1983 that the IRS could revoke the university’s tax-exempt status because the government’s interest in eradicating racial discrimination from education overrode the university’s First Amendment rights to religious free speech.
The case has been cited many times through the years.
What it means Until now, if members of the community or alumni wanted to donate to the university, their gifts were only tax deductible if they gave to certain nonprofit arms of the university, such as its scholarship fund, art museum or athletic foundation.– will include the BJU Press, University Cleaners and the Bob Jones Academy middle and high schools.The university will still be governed by its 25-member Board of Trustees.The change levels the playing field between the university and other sister institutions when applying for grants, he said. Department of Education has targeted for-profit colleges with added oversight in recent years and fined several for-profit networks of colleges under the Obama administration, which resulted in colleges like Corinthian College and ITT Technical Institute closing down.It also moves BJU from a for-profit college to a nonprofit classification with the U. Department of Education, “which is frequently perceived more favorably by the public,” Page said. And though the university operates debt-free and doesn’t plan to take on debt, it could potentially save through lower interest rates if it chose to take on debt, Page said.Donors couldn’t give tax-deductible gifts to the university itself to help with capital campaigns or for university initiatives.