The US President Donald Trump’s charitable foundation will be dissolved by a court decision, NBCnews reported. 

The fund is expected to transfer its assets to other non-profit organizations over the next 30 days, according to an agreement reached between New York Attorney General Barbara Underwood and the Trump Foundation.

“Our petition detailed a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more," New York Attorney General Barbara Underwood said in a statement.