FPU foundation board adds member, reports assets

Reports on charitable trusts and scholarship endowments highlighted meetings of the Fresno Pacific University Foundation Board of Trustees Oct. 27-28.

The foundation currently manages and is named beneficiary of 45 trusts with assets totaling more than $13 million, according to Mark Deffenbacher, foundation executive director. The $3,362,918 in permanently and temporarily restricted endowments overseen by the foundation include about 54 scholarship funds.

Board members added Jon Hillen, a member of the board at the Activities Integrating Mathematics and Science (AIMS) Educational Foundation, to the panel. The group also reappointed Ted Thiesen, Tim Franz and Waymon Watts to three-year terms. 

Fresno Pacific University is an accredited Christian university. Located on a 42-acre, park-like campus in southeast Fresno, FPU has an enrollment of more than 1,700 students -- half graduate and half undergraduate. The university also enrolls 12,000 students annually in its professional development studies programs offered locally and throughout the world.


Wayne Steffen
Associate Director of Publications and Media Relations