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Foundation Board of Trustees

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.