Portland State University's 2 Top Fundraisers Resign in Wake of $100 Million Gift That Never Was

The president of Portland State University's fundraising arm and the school's chief development officer are resigning after pursuing a $100 million gift from a self-described billionaire who turned out to be a recently bankrupt bitcoin dealer known for peddling grandiose schemes.

Francoise Aylmer will resign as president and CEO of the PSU Foundation, effective Sept. 1, "to pursue other interests," according to a statement issued Friday. She will also relinquish her position as Portland State vice president of advancement.

Kristin Coppola, an 18-year career fundraiser and former businesswoman, also resigned. She made $170,000 a year.

Mark Rosenbaum, PSU Foundation board chairman, said neither executive was fired and both submitted their resignations voluntarily.