{"id":136999,"date":"2026-01-17T00:55:19","date_gmt":"2026-01-17T00:55:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/136999\/"},"modified":"2026-01-17T00:55:19","modified_gmt":"2026-01-17T00:55:19","slug":"csu-finds-nonprofit-controlling-fresno-state-funds-at-risk-of-fraud","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/136999\/","title":{"rendered":"CSU finds nonprofit controlling Fresno State funds at risk of fraud"},"content":{"rendered":"<p class=\"update-label\">News Brief<\/p>\n<p class=\"update-date\">Friday, January 16, 2026 \u2014 8:43 am<\/p>\n<p>            <img decoding=\"async\" class=\"google-news-thumb\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/01\/Fresno-1024x680.jpeg\"\/>            <\/p>\n<p>A California State University review found that the practices of a Fresno State nonprofit put it at risk of fraud, the <a href=\"https:\/\/www.fresnobee.com\/news\/local\/article314292657.html\" target=\"_blank\" rel=\"noopener nofollow\">Fresno Bee reported<\/a>. <\/p>\n<p>Operating as a nonprofit independent of the university, the Fresno State Foundation controls hundreds of millions of dollars for the campus, including scholarships and research funds.\u00a0<\/p>\n<p>According to the <a href=\"https:\/\/auxiliary.fresnostate.edu\/foundation\/foundation-review.html\" target=\"_blank\" rel=\"noopener nofollow\">review<\/a>, the foundation put those funds at risk by:\u00a0<\/p>\n<p>Allowing \u201cthe same individual,\u201d though unnamed, to prepare and approve multimillion-dollar wire transfers with the authority to revise vendor records<br \/>\nNot including faculty with experience in research administration on its board<\/p>\n<p>\u201cWith no faculty serving in any oversight capacity, we have no idea what they were doing,\u201d Andrew Jones, president of the Fresno State chapter of the California Faculty Association, told The Bee.\u00a0<\/p>\n<p>To strengthen oversight, Fresno State President \u200bSa\u00fal\u00a0Jim\u00e9nez-Sandoval, who requested the review, said the university and foundation will seek to revise the board\u2019s makeup, among other actions, The Bee reported.\u00a0<\/p>\n<p>The foundation will also address the findings and publicize a plan to do so, Executive Director Brady Crook said in an email to The Bee. <\/p>\n<p>            More News Briefs                <\/p>\n<p class=\"latest-date\">\n                    Friday, January 16, 2026, 10:42 am                  <\/p>\n<p>                  <a href=\"http:\/\/edsource.org\/news-updates#california-colleges-face-investigation-over-transgender-athlete-policies\" rel=\"nofollow noopener\" target=\"_blank\">California colleges face investigation over transgender athlete policies<\/a><\/p>\n<p class=\"latest-date\">\n                    Friday, January 16, 2026, 10:03 am                  <\/p>\n<p>                  <a href=\"http:\/\/edsource.org\/news-updates#california-announces-free-entry-to-state-parks-on-martin-luther-king-jr-day\" rel=\"nofollow noopener\" target=\"_blank\">California announces free entry to state parks on Martin Luther King Jr. Day<\/a><\/p>\n<p class=\"latest-date\">\n                    Thursday, January 15, 2026, 10:32 am                  <\/p>\n<p>                  <a href=\"http:\/\/edsource.org\/news-updates#livermore-valley-joint-unified-board-proposes-closing-2-elementary-schools\" rel=\"nofollow noopener\" target=\"_blank\">Livermore Valley Joint Unified board proposes closing 2 elementary schools<\/a><\/p>\n<p class=\"latest-date\">\n                    Thursday, January 15, 2026, 10:16 am                  <\/p>\n<p>                  <a href=\"http:\/\/edsource.org\/news-updates#trump-signs-bill-returning-whole-milk-to-school-cafeterias-nationwide\" rel=\"nofollow noopener\" target=\"_blank\">Trump signs bill returning whole milk to school cafeterias nationwide<\/a><\/p>\n<p class=\"latest-date\">\n                    Wednesday, January 14, 2026, 10:08 am                  <\/p>\n<p>                  <a href=\"http:\/\/edsource.org\/news-updates#report-finds-artificial-intelligence-risks-in-education-outweigh-the-benefits\" rel=\"nofollow noopener\" target=\"_blank\">Report finds artificial intelligence risks in education outweigh the benefits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"News Brief Friday, January 16, 2026 \u2014 8:43 am A California State University review found that the practices&hellip;\n","protected":false},"author":2,"featured_media":137000,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[112,114,113],"class_list":{"0":"post-136999","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fresno","8":"tag-fresno","9":"tag-fresno-headlines","10":"tag-fresno-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/136999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=136999"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/136999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/137000"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=136999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=136999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=136999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}