Episode Details

Three Fresno State Foundation board members stepped down amid a damning CSU review exposing major governance and financial control flaws—no fraud found, but 46 areas needing overhaul. Eric Hanson, Carol Chandler, and George Soares, each serving decades, resigned after an emotional meeting, with Soares fiercely opposing new term limits. The foundation, managing $300M+ in endowments, has already fixed 20 of the 46 issues and now pivots to fundraising and student support under new chair Chris Morse, as the university thanks the departing leaders and braces for a rebuild.

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