The Trump administration has asked the Internal Revenue Service (IRS) to revoke Harvard's tax-free status.
The failure of Ivy League School to address anti-Semitism on campus is the basis for losing its 501(c)(3) status, a Fox News source said.
According to CNN, the IRS is expected to make a final decision on Harvard's tax exemption soon.
In a recent social media post, President Donald Trump claimed Harvard University was “lost a way” and was unworthy of federal funds.
Stefanik cuts off Harvard beyond “complete moral failure” after allowing Claudine Gay to remain president
Trump has publicly criticised Harvard University multiple times in recent weeks. (Getty Images | istock)
“Harvard hires almost all awakened, left and right, idiot, “birdbrain,” who can teach students about failure, and can only teach so-called “future leaders,” Trump writes. “Look at the recent past to their plagiarist president who was so embarrassed by Harvard before the United States Congress.”
“Like these left-wing dopes, many others teach at Harvard University. So Harvard can no longer be considered a place of study and should not be considered in the list of great universities and universities in the world,” he continued.
“Harvard is a joke, teaches hatred and stupidity, and should no longer receive federal funds.”
Trump has announced plans to cut down the Magnolia tree, which Andrew Jackson is allegedly planted: “We have to come to an end.”

A view of the John Harvard statue on Harvard University campus in Cambridge, Massachusetts. (Maddie Meyer/Getty Images)
The development comes less than three weeks after the Justice Department announced a “comprehensive review” of federal contracts and government-funded grants at Harvard University.
Citing its ambition to eliminate anti-Semitism on campus, following a similar move against Columbia University, the Department of Education said that if a contract between Harvard, its affiliates and the federal government exceeds $255.6 million, another $9 billion worth of grants will be reviewed.
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President Donald Trump's administration has called on the IRS to revoke Harvard's tax-free status. (Anna Money Maker/Getty Images)
“Harvard has been an icon of America's dreams for generations, and it is a pinnacle of students from all over the world working hard and enrolling in renowned institutions,” said Education Secretary Linda McMahon. “Harvard University has not protected students on campus from anti-Semitism (sic) discrimination – its reputation is put in a serious risk while promoting a more divisive ideology than free investigation.”