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"What happens when you have a board that can self-appoint itself, and it becomes insular, and with a $53 billion endowment, they think, okay, we can just do whatever is on our mind." (Reporting by Svea Herbst-Bayliss with additional reporting by Gram Slattery and Jarrett Renshaw Editing by Marguerita Choy) BEVERLY HILLS, May 6 (Reuters) - Billionaire investor Bill Ackman on Tuesday said Harvard University, one of the nation's oldest and wealthiest, should not be entitled to taxpayer funds when the school wastes money on what he calls "administrative bloat." Volunteering your time and efforts towards children can make a very big impact.

Creating awareness among the people for helping the poor and needy people can get more and more individuals join the drive. These volunteers can help in arranging free health camps, doctors can be invited to treat the poor and needy people. Even the smallest efforts counts. The U.S. Department of Education informed Harvard on Monday that it was freezing billions of dollars in future research grants and other aid until the university concedes to a number of demands from the Trump administration, a senior department official said.

Individuals can help the poor and needy people monetarily also. One can get associated with charitable houses and donate money there to help the needy. By providing monetary help to the needy people, they can get meal for their family, a place to live or some clothes. Harvard responded that the administration letter doubles down on demands that would impose "unprecedented and improper control" over the university and makes new threats to "illegally" withhold funding for lifesaving research.

Imparting knowledge can help the poor and needy to stand on their feet. Education is the beginning of getting out from hardships of life. Giving free education by our NGO Aahwahan Foundation to the poor and needy people help them to grow as individuals and help them lead a better life. Through education, we can help the poor and needy people to develop their skills so that they can take over efforts to revitalize their life rather than always depending on the outsiders to do so for them.

He also again hit out at the school's governing board, saying it has become insular and that there is no mechanism to remove members the way there is in corporate America where investors can run board challenges. "They have lost all future grants, their tax exemptions are at risk," Ackman said on a panel at the Milken Institute Global Conference where 5,000 financiers, educators and scientists gather to discuss critical issues of the day. Ackman has long been at odds with Harvard, criticizing the university for not doing enough to protect students from antisemitism.

Early last year he launched an unsuccessful bid to get four candidates on the ballot for a governing board. Braja Kishore is founder of Aahwahan Foundation.