News

Bill Ackman Backs Harvard Losing Tax-Exempt Status, Calls for Board Overhaul
The billionaire investor said it’s time for a change in leadership at the Ivy League school.
Bill Ackman: ‘It’s Fair’ for Harvard to Lose Tax-Exempt Status
Hedge fund billionaire Bill Ackman criticized Harvard University for becoming “a political advocacy organization” in a CNBC ...
Trump says the government will revoke Harvard’s tax-exempt status. The university’s president says that would be illegal
President Donald Trump says Harvard University will be stripped of its tax-exempt status — redoubling an extraordinary threat ...
Harvard Signals It Will Resist Trump’s Efforts to Revoke Tax-Exempt Status
President Trump on Friday said he would be “taking away” the university’s status, renewing a threat he made last month. It ...
The next possible target in Trump’s battle with Harvard: Hiking the tax on its $53 billion endowment
A bill in Congress would increase the endowment tax for Harvard and other schools to 21%, the equivalent of the corporate tax ...
Trump Says He’s Revoking Harvard’s Tax-Exempt Status. Here’s What That Means
A New York University School of Law professor on tax policy called the news a “lawless action by the President.” ...
Trump says his administration is revoking Harvard's tax-exempt status
"We are going to be taking away Harvard's Tax Exempt Status. It's what they deserve!" the president said in a post​ to Truth ...
What Is Tax-Exempt Status and Can the I.R.S. Revoke It From Harvard?
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...
Trump’s ‘dumb’ attack on Harvard’s tax-exempt status could be a problem for the IRS
The administration could face an "uphill climb" if it carries out its threat to strip Harvard University of its tax-exempt ...
Bill Ackman to Harvard: When A University Becomes A "Political Advocacy Organization," It Doesn't Deserve Nonprofit Status
Hedge fund manager Bill Ackman advised Harvard to treat President Trump's demands with respect and said the president is fair ...
If Harvard loses its tax-exempt status, Western Pa. universities, nonprofits could be in trouble
Harvard University could lose hundreds of millions of dollars annually if the federal government is able to revoke its ...
Trump re-ups his threat to strip Harvard University’s tax-exempt status
WASHINGTON (AP) — President Donald Trump on Friday re-upped his threat to strip Harvard University of its tax-exempt status, ...