Fresno State Ousts Foundation Board Members After Review

Fresno State University removed members from its foundation board on July 1, 2026, following a critical review of the organization's financial management and operational practices. The university initiated the review after concerns were raised regarding the foundation's performance and adherence to university policies. The review, conducted by an external consultant, identified several areas requiring immediate attention, including financial oversight, investment strategies, and donor relations.

The Fresno State Foundation, a separate non-profit entity, is responsible for managing private donations and investments intended to support university programs and initiatives. The critical review highlighted instances of what was described as "inadequate financial controls" and a lack of transparency in certain transactions. Specific details regarding the financial discrepancies were not immediately released, but sources close to the university indicated that the findings prompted swift action from the administration.

University President Dr. Saúl Jiménez stated in a press release that the decision to remove board members was made to ensure the "highest standards of fiduciary responsibility and operational integrity" for the foundation. He emphasized that the university remains committed to the foundation's mission of supporting students and faculty but stressed the need for robust governance. The university has appointed an interim board to oversee the foundation's operations while a new, permanent board is selected. This transition aims to restore confidence and implement necessary reforms to strengthen the foundation's financial health and operational effectiveness.