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Foundation Financial Services

Chancellor's Office Review of the Fresno State Foundation

Earlier this academic year, Fresno State President Saúl Jiménez-Sandoval requested a comprehensive review of the Fresno State Foundation by the CSU Chancellor’s Office. This proactive step reflects the University’s commitment to transparency, accountability, and strong stewardship in support of our students and mission.

As expected, the review did not identify any fraud, misappropriation of funds, or malfeasance. It did identify areas where governance, financial controls, and operational practices must be modernized. Addressing these findings is a top institutional priority, and work is already underway.

Read President Jiménez-Sandoval’s message to the campus community here.

 

Full Report

The Chancellor’s Office review is being shared in full as part of Fresno State’s commitment to transparency.

(Dated January 8, 2026)
The Full Chancellor’s Office Review (PDF)

Next Steps

Download the summary review, which lays out what has been done and what we are prioritizing next.

(Dated January 8, 2026)
Next Steps (PDF)

Frequently Asked Questions

No. The review did not find any evidence of fraud, misappropriation of funds, or malfeasance. Instead, it offered recommendations focusing on strengthening governance practices, controls, and operations.

The University requested the review as a proactive step to ensure the Foundation continues to reflect the highest standards of accountability, transparency, and best practices.

Transparency is a core value of Fresno State. Sharing the report reflects our commitment to accountability and public trust.

Yes. The Foundation is a separate nonprofit organization created specifically to support the University. As with all CSU auxiliary organizations, it operates independently while working in close partnership with the University and in alignment with CSU policies and systemwide standards.

This work reinforces our shared commitment to strong stewardship. By strengthening practices and oversight, the University and Foundation are taking steps to continue to ensure gifts are managed responsibly, transparently, and in alignment with philanthropic partner intent.