The Institute, and any program assisted by the Institute, shall be eligible to be treated as an organization described in section
170
(c)(2)(B) of title
26 and as an organization described in section
501
(c)(3) of title
26 which is exempt from taxation under section
501
(a) of title
26. If such treatments are conferred in accordance with the provisions of title 26, the Institute, and programs assisted by the Institute, shall be subject to all provisions of title 26 relevant to the conduct of organizations exempt from taxation.