The CSU Stanislaus Foundation came under fire this year for refusing to disclose the fee it paid Sarah Palin for a June fundraising appearance. In July, the nonprofit revealed it paid the former Alaska governor $75,000.
The state recently closed an investigation into the CSU Stanislaus Foundation that found no charitable money was "diverted to improper use" but Black Nike Air Max 90 Mens
CSU accused of improper management of public funds
criticized the foundation for misclassifying donor money and not exercising "adequate fiscal oversight."
and would require that the so called auxiliary organizations abide by the California Public Records Act.
"It's completely erroneous," CSU spokeswoman Claudia Keith said.
Keith said the faculty union report should be considered in the context of political wrangling over a bill, SB330, that has passed both houses of the state Legislature Nike Air Max Denim Shoes
"We take findings such as this pretty seriously," Keith said.
The CSU foundations control more than $1 billion in funds, but CSU officials have repeatedly declined to make public details of how the money is used.
The university's faculty union had issued dozens of pages of administrators meetings' minutes earlier Wednesday, along with a 24 page report that said auditors found "an inappropriate co mingling" of state general funds with privately raised foundation money and other revenue.
Keith said she did not know the exact amount Air Max 90 Bright Pink of the money or the specific campuses and foundations involved. The school said that money is in the process of being moved and that policies were being drafted that would clarify when money needs to be reimbursed.
Keith was adamant that no public money is in the foundations' accounts, but said that there was private money in accounts that is owed to the university for services provided, such as police for games run by a foundation.
A change in the rules could discourage donors who want their privacy protected, Keith said. The bill awaits a signature from Gov. Arnold Schwarzenegger, who vetoed a previous version last year.
The faculty association said in the report that the audits were proof that the private foundations need to be more transparent.
Jim Finefrock, a spokesman for California Attorney General Jerry Brown, said the state continues to investigate the actions of CSU related foundations.
An investigation into a foundation affiliated with CSU Sacramento State recently concluded that the foundation improperly paid to remodel a university president's kitchen.
But she disputed a union claim that university officials were unclear precisely what money was owed. "It's not like we can't go through and not tell what should be moved to the state side," she said.
along and not withstanding their protestations to the contrary there actually is state money in the foundations and auxiliaries," said Lillian Taiz, president of the CFA.
The school's chief financial officer, Benjamin Quillian, had said this week that the funds become mixed when a private foundation runs a campus function such as a football game and is slow to repay the university for services.
SAN FRANCISCO California State University officials on Wednesday rebutted a report that said foundations affiliated with the school system held and mismanaged taxpayer money.
The report, issued by the California Faculty Association, cited remarks by university auditor Larry Mandel that there "are still issues and disagreements about what should be classified as state funds."
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