By participating in elections, attending meetings, and. Who are the people most likely to do the right thing? The Town Hall, held via ZOOM session, was put together by PS4RS - and is available at the link below. 201 Old Main
There are, however, some circumstances in which you might want to choose to forgo compensation. This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated to investigative and public-service journalism for Pennsylvania. The memo says that university officials who enforce the 2017 rules will focus on coaching Greek leaders. who are committed to accountability journalism that gets results. Piazza added that he believes the 2017 measures were a good start but did not go far enough. Six members elected by agricultural organizations, Six members elected by the board and representing business and industry, One member elected by the board and representing the student body, One member elected by the board and representing the faculty, One member representing the Penn State Alumni Association, Three members elected by the board as at-large choices. Will you do your part today by making a contribution? M. Abraham Harpster (2022) Co-Owner, Evergreen Farms, Inc. Chris R. Hoffman (2024) Vice President, Pennsylvania Farm Bureau, Mark H. Dambly (2023) President, Pennrose Properties, LLC. Employees have questioned university leadership about a $71,000 raise for a top administrator, the creation of a new vice president position during the hiring freeze, and increases to employees workloads at a time when wages are outpaced by inflation. We on this Board might think that adding the ESG language is not a change from that type of decision making process. Its members include the university's president, the Governor of the Commonwealth, and the state Secretaries of Agriculture, Conservation and Natural Resources, and Education, as well as a representative for the Governor. A "Town Hall" panel was held on April 8th, 2021, featuring the six candidates on the ballot for Penn State University Board of Trustee Alumni Elections. Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. If we assign three board seats to the state, two to the faculty and one to the board for their use in filling a voice, we have a total of 30 trustees, and we hit our percentage goals above almost exactly. We dont believe vital investigative and public-service journalism should be hidden behind a paywall or only for those who can afford a subscription fee. In recent years, these requests for taxpayer dollars have averaged over $500 million per year, over and above the "General Appropriation". Penn States Lion Ambassadors were accused of hazing. Learn more about who members represent on the Elections page. Nicholas J. Rowland (2024) Professor of Sociology. Two members selected by the faculty and staff. Specifically, there are 38 members of the Penn State Board of Trustees (36 of whom have votes) and they are as follows: The reason this has become an exercise in futility for me is because we, the alumni, only choose nine of the 36 voting members of the board. How to calculate a reasonable fee is one questionwhether or not you should accept it is a wholly separate issue. Error! The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. Trustees are not paid and the university reimburses their travel expenses, though some board members forgo that reimbursement, DuBois said. She also served as Chair of the Penn State Board of Trustees from 2004-2007. More Local News to Love Start today for 50% off Expires 3/6/23, creation of a new vice president position, regularly holding private meetings that potentially violate Pennsylvanias transparency law. Prior to publication of this story, Spotlight PA asked the university whether these changes which the school framed in the November memo as next steps had been implemented. YouTubes privacy policy is available here and YouTubes terms of service is available here. Christopher Baxter Penn State declined to say whether the university still oversees misconduct investigations involving Greek life. Nolan is soiling them tor 12.60. For example, the largest university in the state by budget the University of Pennsylvania, whose $12.7 billion total operating budget and $3.7 billion academic operating budget exceed Penn States $7.7 billion and $2.7 billion respectively has over 50 members on their Board of Trustees. that include details of the history of increases to Room and Board. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. Stay up to date on the boards activities and get involved. Spotlight PAs free weekly newsletter and get Before you move on, I was hoping you would consider taking the step of supporting Spotlight PAs journalism either one time, or with a monthly gift. Dan Greenstein, the new State System chancellor, who began working. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. Melewsky questioned why the. region. The press. An email has been sent to with a link to confirm list signup. 4/30/21 4:05 am. ], This site requires JavaScript to run correctly. The Penn State Board of Trustees is the 38-member[1] governing body for The Pennsylvania State University. Steven B. Wagman (2024) National Healthcare Business Leader, Randall Randy E. Black (2023) CEO and President, First Citizens Community Bank, Donald W. Cairns (2024) Owner/Operator, Cairns Family Farm. Like other boards of trustees throughout the state, USC's trustees are not paid a salary. Serving on Penn State's Board of Trustees, elected by the alumni, since 2014. President, A.P. We want a 7:1 ratio of alumni to students, so 24 trustees from these constituencies means alumni will elect 21 members seven a year for three-year terms and students will elect three one a year for three-year terms. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . The Daily is reporting that former Penn State head football coach Joe Paterno had close business ties with board members of The Second Mile, the charity founded by alleged child molester and former Nittany Lions assistant coach Jerry Sandusky. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. I dont believe any of them were deemed to be temporary, Piazza said. In three of the past four completed fiscal years, the boards annual spending was more than $300,000, the exception being the pandemic-affected 2020-21 fiscal year when the trustees spent $89,168, according to the finance reports. Join us virtually at the next meeting livestream. Other factors stem from emotions, not money. the success and advancement of the University. I hope you appreciated this article. It could get very expensive with regard to damaging the endowments investment performance - and all the fallout that entails. But I know we can be and have been in the past. . For fans of Harry Potter, in the prequel movie Fantastic Beasts: The Crimes of Grindelwald, Albus Dumbledore tells Newt Scamander the following: Do you know why I admire you, Newt? Then we should provide 5% of the board seats to the faculty and staff of the University so their voice can be heard in its governance. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. The board also paid $61,700 for "Purchased University Services," though. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Editor in Chief. Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. That said, a large and rapidly increasing portion of that budget is the cost of debt servicelargely from the construction projects for new and renovated dormitories. We have no billionaire owner or shareholders to consider. First, they legally are the university, with major decision-making powers. The attorney listings on this site are paid attorney advertising. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Email notifications are only sent once a day, and only if there are new matching items. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. Next, the citizens of Pennsylvania and the commonwealth itself have some stake in the university since the name Pennsylvania State University implies a connection. Obviously the alumni, and current students by virtue of their pending alumni status, are the largest stakeholders. Indiana University of Pennsylvania President Michael Driscoll was the top earner among the State System schools at $438,000. By participating in elections, attending meetings, and addressing the board, youre helping shape future decisions that can have a lasting impact on our students, faculty, staff, alumni, and community members. Their payments in lieu of taxes are being funneled into a Hudson Yards fund over 35 years to fund bonds that paid for the $2 billion extension of the No. Then third, how do we define what the right thing is for Penn State? Elected by Delegates from Agricultural Societies, Elected by Board Representing Business and Industry, Immediate Past President, Alumni Association, Pennsylvania Department of Conservation and Natural Resources, "Matthew W. Schuyler | Office of the Board of Trustees", "Role of the Board of Trustees in University Governance", https://en.wikipedia.org/w/index.php?title=Penn_State_Board_of_Trustees&oldid=1137371012, Creative Commons Attribution-ShareAlike License 3.0. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. That is what the William Penn University Board of Trustees does. [This is to replace Deloitte, our previous accounting and auditing firm. (Philadelphia [Pa.]) 1857-1880, October 01, 1857, Image 3, brought to you by Penn State University Libraries; University Park, PA, and the National Digital Newspaper Program. The board's Subcommittee on Compensation said his salary got bumped . This button displays the currently selected search type. This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated to investigative and public-service journalism for Pennsylvania. Everyone deserves access to the facts. In fact, it is critical to the long-term health of our program that we do so. But Penn State's Board of Trustees didn't help the process, and even might have invited this latest round of speculation, by debating $48.3 million in football upgrades before approving the. Which is great, and tremendously improves the response time in dealing with software coding issues, but doesnt at all catch fundamental user unhappiness with a correctly functioning but useless interface. Which results in our new World According To Hook Penn State Board of Trustees: Because the majority of the board will be held accountable by the alumni of the university, we can feel confident that they will do the right thing and continue the great 167-year legacy of Penn State for many years. But I am not an advocate for the prices we have paid for many of those projects. It will be necessary to increase room and board charges effective with the 2023 Fall Semester due to increasing operating and facility maintenance costs (Action Item 4), [This proposed increase of 3.56% (1.78% increase at Commonwealth Campuses) brings the total compounded cost increase for the last 10 years to 39.12%. Robert E. Fenza (2024) Retired Chief Operating Officer, Walter C. Rakowich (2023) Retired Chief Executive Officer, Prologis, Mary Lee Schneider (2024) Former President and CEO, SG360, Kathleen L. Casey (2022) Senior Advisor, Patomak Global Partners, LLC; KLC Consulting Group, LLC. In 1998-99, Ohio State s average faculty salary was $66,890, which was 1.9 percent below the benchmark average of $68,170. The memo also states the policies put in place following Piazzas death were never intended to be permanent and were clearly presented at the time as necessary, yet temporary, actions. The university declined to provide Spotlight PA with examples of statements that showed the rules were not meant to be lasting. ], Proposed Naming of the Building Located at 2137 Research Drive, State College in CATO Park to the Lidia Manson Building CATO Park (Action Item 2), Proposed Authorization to Expend Funds, ICA Facility Investments, University Park (Action Item 3), [Approval of $7.5 Million Intercollegiate Athletics (ICA) spending, financed via debt, to add a video board, sound system, and other ancillary items to the football practice fields.]. Quentin E. Wood, Retired Chairman of the Board and Chief Executive Officer, This page was last edited on 4 February 2023, at 07:49. Spotlight PAs free weekly newsletter and get our There was a problem saving your notification. The planned renovation will cost $48.3 million, which is to be paid through private gifts and borrowing. If it's left to you to come up with a "reasonable" fee, here are a couple of ways you might go about the task: After all, an executor's work is often very similar to that of a trustee. For the past six meetings, the trustees spent more than $75,000 total, or an average of roughly $12,500 per meeting. In the World According to Hook, the easiest definition is those things that further the purpose of the university. I think the monitoring should be enhanced, he said. Success! As Penn State's governing body, the Board of Trustees takes a holistic approach to guiding goals, policies, and procedures as well as reviewing and approving University budgets. The fine increases to $500 to $2,000 for subsequent offenses. And I think the university is still not aggressive enough in going after the groups or the individuals that break the rules.. Hazleton, Pennsylvania native Jim Bognet has been connected to Penn State his entire life. I am a strong advocate for inclusion of Trustees on the PSIC. For example, in May 2022, the board paid $10,858.54 for "Barron video" and "Fleet." Christopher Baxter A committee of the Board of Trustees, including many of its most influential leaders, has also come under scrutiny for regularly holding private meetings that potentially violate Pennsylvanias transparency law. As Penn States governing body, the Board of Trustees takes a holistic approach to guiding goals, policies, and procedures as well as reviewing and approving University budgets. Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. The board has made some, and continues to explore, changes to reduce costs, including remote off-cycle committee meetings, remote attendance for trustees, moving the full board meeting to the Eric J. Barron Innovation Hub Building, limiting the number of administrators and staff who are working at meetings and changing streaming services from WPSU to Microsoft Teams managed by Penn State IT, DuBois said. Get weekend previews and weekend recaps from The Daily Collegian Sports staff sent to your inbox. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. Penn State operated at a $166 million deficit the last academic year, using its central reserves to off-set the shortfall, with Thorndike acknowledging such a practice is not sustainable. helping shape future decisions that can have a lasting impact on our students, faculty, staff, alumni, and community members. Trustees spent around $318,000 on expenses like food and lodging during meetings for its 38 board . Community Rules apply to all content you upload or otherwise submit to this site. six ((). Among the planned upgrades are the . The university described Spotlight PAs story as speculative. (Read the full exchange here.). Eric Hagarty, Acting Secretary, Department of Education, Abraham Amors (2024) Director of Operations, PA Municipal League, Daniel J. Delligatti (2023) President and Owner/Operator, M&J Management Corporation, J. Alex Hartzler (2022) Managing Partner & Founder, WCI Partners, LP, David M. Kleppinger (2022) Chairman Emeritus, McNees Wallace and Nurick, LLC (, Stanley I. Rapp (2023) Partner, Greenlee Partners, LLC, Governor's Non-Voting Representative: William S. Shipley, III, Chairman, Shipley Group. Lodging was the second-highest category of spending for the board during the most recent cycle. And because the living alumni to student ratio is about 7:1, that will be the ratio of the elected members from these constituencies. In three of the past four completed fiscal years, the boards annual spending was more than $300,000, the exception being the pandemic-affected 2020-21 fiscal year when the trustees spent $89,168, according to the finance reports. Now lets translate that into action and create a new Board of Trustees! Lodging was the second-highest category of spending for the board during the most recent cycle. Second, who are the people most likely to do the right thing? To someone like myself, who works in the investment management field, considering other factors aside from pure financials is common and prudent. We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. In 1999-00, Ohio State s average of $70,350 was 2.5 percent below the benchmark average of $72,130. For the Glory! Board members serve as bridges between Penn's schools and centers and the community beyond campus boundaries. Penn State cancels its Center for Racial Justice after faculty push for funding decision, Penn State wavers on funding for Center for Racial Justice, a key commitment following 2020 protests, Schools like Penn State self-police student-athlete endorsement deals, Regular private meetings among top Penn State trustees may be violating Pa.s transparency law, Penn State wont answer key questions about its handling of sexual extortion involving student athletes. Spotlight PA is different. Bognet graduated in 1997 and went on to a career in business and politics, as he ran for a seat in Congress this past fall. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. Outgoing Penn State President Eric Barron unanimously received a 2.5% raise from the university's Board of Trustees Friday afternoon. Because the alumni-elected members only constitute one-quarter of the voting members of the board it appears to me that the opinions of those alumni members could easily be ignored or minimized, regardless of the worth of those opinions. STATE COLLEGE Penn States Board of Trustees spent nearly $318,000 on its past six in-person meetings, covering the travel, lodging, food, and other expenses of attendees, according to newly released records. Andrew Solender / Axios: Biden says he will sign resolution blocking D.C. crime law President Biden said Thursday he would sign a GOP-led resolution to block changes to Washington, D.C.'s local criminal code that reduce maximum penalties for some violent crimes. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. fees paid from the Penn State endowment to outside investment advisors had averaged $10 . The average Board Member salary in Texas is $72,974 as of January 26, 2023, but the range typically falls between $56,258 and $90,123. I hope you appreciated this article. Megan Swift is the editor-in-chief of The Daily Collegian. As a special bonus, all new monthly gifts made today will be matched as 12X their value thanks to the generosity of the Lenfest Institute for Journalism. And because as trustee, you're in control of those assets, that means you're in charge of paying yourself. The graduate student assembly passed a resolution earlier this month, asking that one graduate student and one undergraduate be added to the board. Fax: (814) 863-4631
President Neeli Bendapudi also implemented a sweeping 3% budget cut. Including a plethora of interpretations/viewpoints that would significantly restrict investment options in the Penn State Endowment for non-financial reasons. If our goal is to truly compete with our Big10 athletics peers, including underwriting all of the very beneficial initiatives proposed by Athletic Director Pat Kraft, which I am strongly in favor of, we must be competitive with our peers, especially Ohio State and Michigan, in raising funds via philanthropy. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST
Some trusts set out a flat or hourly fee for the trustee, but that's not too common. I am an advocate for many of those projects in principle. Having spent decades in nonprofit management, if the members of the governing board are engaged and motivated, the number is not a critical issue. So it is money thats going back to the university for those services.. Rudy Glocker, a Nittany Lion letterman on the ballot in the race, said . But I am not an advocate for the prices we have paid for many of those projects. So if you're inheriting everything or almost everything in the trust, there's usually no reason to call some of the money a "fee"you'll only end up paying more tax than you have to. Robert M. Frey, Attorney-at-Law, Frey & Tiley, P.C. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. Members represent various entities including, but not limited to, Pennsylvania county agricultural societies, business and industry, students, and faculty.
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