Celebrating the first installment on a matching gift and a successful audit were on the agenda of the Fresno Pacific University Foundation Board. The panel met in regular session June 8-9.

During 1999, the AIMS (Activities Integrating Science and Mathematics) Foundation Board loaned Fresno Pacific University $500,000 with the understanding that the loan would be forgiven if the university could raise $125,000 in new gifts each year for the next four years. The foundation was begun by former FPU President Arthur Wiebe.