California State University, Fresno Foundation (Fresno Foundation) manages an endowment fund that is based in Fresno, California. Its objective is to provide services in support of the California State University, Fresno mission, and goals. Governed by a board of governors, the foundation is managed by an Executive Director. The board of governors includes a representative from the university's administration and local community representatives. The foundation is a private, non-profit corporation that serves as a contracting agent for the university. The purpose of the foundation is to provide assistance to faculty and staff with the administration of grants, contracts, and trust accounts.California State University, Fresno Foundation's investment portfolio is valued at over $154.94 million, with investments in real estate, hedge funds, private equity, fixed income, publicly-traded equities, and cash.