Harvard can't enroll international students
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President Donald Trump has been waging a campaign to pressure elite US colleges to make a wide range of policy changes, in what his administration has framed as an initiative to fight campus antisemitism and enforce civil rights protections.
The status means that the charitable contributions Harvard receives and its investment income on its $50 billion-plus endowment are not subject to federal income tax.
A New York University School of Law professor on tax policy called the news a “lawless action by the President.”
The announcement from Trump comes after Fox News reported last week that his administration asked the Internal Revenue Service to revoke Harvard University’s tax-exempt status. The Ivy League school's failure to address antisemitism on campus is grounds for losing its 501 (c) (3) status, sources said at the time.
Watchdog group American Oversight takes Trump administration to court over the alleged withholding of information related to Harvard University's tax-exempt status
President Donald Trump said he's taking action to remove the tax-exempt status of Harvard University, escalating his fight with the school.