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My experience has often been that these policies are often created initially without the advice of legal counsel. Initiating such a policy as this could bring a potential lawsuit on non-Constitutional issues such as non-disclosure, breech of contract, etc. The real issue question? Is someone willing to challenge it. While constitutional issues may be moot to a private organization, do they really want to bear the expense of potential lawsuits (even just legal fees) for some other legal grievance? If you doubt this, look at the Boy Scouts. The courts have upheld their right to discriminate in membership, but it has cost them millions in legal fees and good will. (I know, I used to work for the Boy Scouts of America) The Boy Scouts are a much larger, much better funded organization, and it has had a significant impact on them.
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