Trustees spent around $318,000 on expenses like food and lodging during meetings for its 38 board . We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. Brown, III (2022) President & CEO, KETCHConsulting, Inc. Alvin F. de Levie (2024) Attorney and Founder, Law Offices of Alvin F. de Levie, Barbara L. Doran (2022) CEO/CIO, BD8 Capital Partners, LLC. I was recently talking to a seasoned Microsoft programmer who has to remind his younger counterparts that just because no one is complaining about a piece of software functionality doesnt mean its working. . The fine increases to $500 to $2,000 for subsequent offenses. spotlightpa.org/donate. Email notifications are only sent once a day, and only if there are new matching items. This may be one of those times when the old adage, Ignorance is bliss might be more conducive to a positive alumni mindset. It was an email that I had expected because a week or two before that trustee campaign signs started popping up on the streets around Happy Valley. Outgoing Penn State President Eric Barron unanimously received a 2.5% raise from the university's Board of Trustees Friday afternoon. Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. The university, in creating the new compliance model in 2017, cited research that Greek life members were more likely to be heavy drinkers than the general student population and fraternity members were more likely to commit sexual assault then their peers in the general student population. Mycommitment is to continue to work with each of you to ensure our focus, as a board, remains on strategic matters such as affordability, financial management, innovation, the future of higher education and ensuring Penn State is an inclusive environment for all., Your engagement with the board is critical and necessary to support. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. Spotlight PAs free weekly newsletter and get our The Board of Trustees will be asked to consider and approve Penn State's operating budget on July 15, 2021. Retired Associate Professor, Department of Psychology,St. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. STATE COLLEGE, Pa. - Penn State's Board of Trustees elected banking executive Karen Peetz to lead the embattled board and help the school negotiate the aftermath of a nightmarish child. who are committed to accountability journalism that gets results. 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. He rose through successive management positions before being named president in 1974 and CEO in 1983. Fax: (814) 863-4631 Penn students want voting rights on its board of trustees, like some other colleges. As a service to alumni and the public who were unable to access the live broadcast of the meeting, the following is an excerpt of the comments I prepared and the vote results for each agenda item. The trustee's payment comes from the trust assets. Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. 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. There is always one very straightforward financial consideration: a trustee's compensation is taxable income. In the last decade, however, this selection process has become an exercise in futility for me. Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. For the Glory! I am an advocate for many of those projects in principle. 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. We have no billionaire owner or shareholders to consider. 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. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. We on this Board might think that adding the ESG language is not a change from that type of decision making process. Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. Subscribe for free to receive new posts and support my work. February 28, 2023. I find it neither necessary nor prudent to have one of those important positions taken by a non-voting emeriti Trustee. Christopher Baxter Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. Lubrano and Company, Inc. William F. Oldsey (2022) Independent Consultant/Educational Publishing. 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. Leaders of the Interfraternity Council did not respond to multiple Spotlight PA requests for comment. The Board of Trustees is Penn State's highest governing body established by the university's charter that holds responsibility for the "governance and welfare of the university and all interests pertaining thereto," according to the Penn State Board of Trustees website. All rights reserved (About Us). If you think other inheritors or family members will resent you for taking a fee, and you'd rather avoid the strain on relationships, you might decide that a fee just isn't worth it. Sign up for In fact, it is critical to the long-term health of our program that we do so. Though he was armed with a few sub-contract orders from the Tamil Nadu Electricity Board, he failed to obtain a business loan from any banks. Participate in upcoming trustee elections and learn more about the candidates. ], This site requires JavaScript to run correctly. David R. Jones, Retired Assistant Managing Editor. ], 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.]. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. Obviously the alumni, and current students by virtue of their pending alumni status, are the largest stakeholders. In a statement, the university said it remains committed to the safety of all Penn State students and any changes in Greek life at Penn State would only be put into place after carefully considering how they would impact the well-being of our students., After publication, Penn State confirmed the proposed changes to Greek life oversight have not occurred. This story has been updated with additional comment from Penn State. The attorney listings on this site are paid attorney advertising. You have permission to edit this article. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Going through the highlights of the Penn State and State College news so you don't have to. . Penn State trustees ratify request for major boost in state aid, Penn State trustees approve beer sales to general fan base during home football games. StateCollege.com provides local news, entertainment, and information for State College, PA. We offer the latest breaking news and videos straight from the Centre County region in Central PA. 220 Regent Court, Suite B, State College, PA 16801, Copyright 2000 document.getElementById('copyright').appendChild(document.createTextNode(new Date().getFullYear())) | StateCollege.com | All Rights Reserved | State College, PA Centre County Central Pennsylvania Home of Penn State University. Missouri, which said deed of trust was given to secure tha payment of one principal promissory . Like other boards of trustees throughout the state, USC's trustees are not paid a salary. The board comprises thirty-six voting members and two ex-officio non-voting membersthe President of the University and the Governor of the Commonwealth of Pennsylvania. Hundreds of Penn State faculty are publicly and privately questioning university leadership. Wyatt Massey of Spotlight PA State College, agreed to tighten some of its Greek life rules, recognizes more than 60 Greek-letter organizations, register State Pattys weekend social events, Unequal election policies disenfranchised Pennsylvania voters in 2022, by Kate Huangpu of Spotlight PA and Carter Walker of Votebeat, How anxiety came to dominate the big business of medical marijuana cards in Pennsylvania, Thousands of Pa. homeowners feel stuck in a high-stakes game of telephone with their homes, vital utilities on the line, What the public can and cant know about Four Diamonds, beneficiary of Penn State THONs fundraising, Grudges, tribalism, and infighting rife in Pennsylvania borough that hired the cop who killed Tamir Rice, by Min Xian of Spotlight PA State College, A complete guide and amendment tracker for proposed changes to Pennsylvanias Constitution, Penn State English teaching faculty say they arent paid a living wage, by Wyatt Massey of Spotlight PA State College. You'll probably also be in charge of determining the amount of your own compensation. This is commonly referred to as ESG, or Environmental, Social, and Governance investing. Back in the days when the ballots came in the mail, this selection process used to be a semi-enjoyable bit of reading and vetting that made me feel as if I played a very small part, but a part nonetheless, in the governance of a great university. Everyone deserves access to the facts. Melewsky questioned why the. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. (Closed on campus holidays). University Park, PA 16802, Phone: (814) 865-2521 During its May 7 meeting, the Penn State Board of Trustee's Committee on Governance and Long. First, who are the stakeholders? Sign up for our regional newsletter, Talk of the Town. She also served as Chair of the Penn State Board of Trustees from 2004-2007. Check upcoming meeting dates or watch a recording of a previous meeting to find out what you missed. six ((). Why isnt it on the hazing report? foundations and readers like you An email has been sent to with a link to confirm list signup. Conflict of Interest Disclosure and Certification Summary Report, Committee on Academic Affairs, Research, and Student Life [PUBLIC]. ). region. But the point was that I felt I was engaged and making reasonably good choices. Director of Operations,PA Municipal League. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The Penn State Board of Trustees is the 38-member [1] governing body for The Pennsylvania State University. It is not detrimental to our program to do so. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. Whereas management is concerned with doing things right, governance is concerned with doing the right thing.. In 2018, Pennsylvania enacted the Timothy J. Piazza Antihazing Law, which created stricter penalties for hazing and required universities to report hazing violations. If you're interested in submitting a Letter to the Editor, click here. One searches in vain for public praise of Penn's payment of the TCJA tax. And I think the university is still not aggressive enough in going after the groups or the individuals that break the rules.. Penn State declined to say whether the university still oversees misconduct investigations involving Greek life. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. Will you do your part today by making a contribution? Don't charge a professional ratethe hundreds of dollars an hour that a lawyer or financial advisor might chargeunless you have and are using special skills that justify it. In the exercise of its responsibilities, the board delegates day-to-day management and control of the University to the president, with certain reserved powers as set forth in the Universitys bylaws. Proposed Authorization to Engage External Auditors (Action Item 1). 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. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. Adding the sentence citing social and environmental considerations to the existing language of The Universitys funds will be invested to achieve maximum return with an acceptable degree of risk may seem like a clear phrase, but it is not. ]. 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. Sent every Thursday. (Closed on campus holidays), Conflict of Interest Disclosure and Certification Summary Report. In the World According to Hook, the easiest definition is those things that further the purpose of the university. I dont believe any of them were deemed to be temporary, Piazza said. In January 2010, she was recruited to come to Penn State as the University's first general counsel, establish the Office of General Counsel and assist in recruiting a permanent general counsel. 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. And at the same time we will remove the futility some of us feel with the current trustee elections. Otherwise, we will always be behind. The pledge cost Penn relatively little; the market value of its endowment increased by 38 percent, or $5.6 billion, in the following year. The board also paid $61,700 for "Purchased University Services," though the reports offer limited details about those services. And I will admit, although Im not proud of it, there was a certain amount of name-recognition ultimately involved in many of my votes. Elmwood Park, aa addition to the City ot Kansas, Jackson 000317. Penn States Board of Trustees supported the 2017 changes, which included restrictions on socials, deferred recruitment from fall to spring semester, increased monitoring of Greek-letter organizations, and university oversight of misconduct adjudication. You do not seek power or popularity. Among the planned upgrades are the . our region. Roth and trustees David . Although Boards of Advisors do not have fiduciary responsibility, the President, Provost and Board of Trustees rely heavily on these boards to help inform the work of the schools and centers. Story by Wyatt Massey of Spotlight PA State College. Copywriters are not paid to write. Nolan is soiling them tor 12.60. Success! Youve been reading our work. Six years later, Penn States new administration appears to be easing those restrictions. The other members include six trustees appointed by the Governor, nine elected by alumni, six elected by Pennsylvania agricultural societies, six by a board representing business and industry enterprises, 3 at-large, 1 student, and 1 academic trustee. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. Hundreds of Penn State faculty are publicly and privately questioning university leadership. 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. 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. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. Donate to the Collegian by clicking the button below. 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. For certain, those who advocate for ESG interpret that language as something very, very different. Matthew W. Schuyler (2023) Chief Brand Officer. Who the stakeholders are, who will do the right thing, and what is the right thing. How often are Penn States private planes flying during a budget crunch? Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. We're always interested in hearing about news in our community. 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. And if it is, you do it no matter the cost.. An increase in tuition rates for students will also take effect.. A 2% general . For this reason I voted NO on approving this project at this time. 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. Interested to expand my network of PSU alums because all voices deserve to be heard, and all are . Sign up today! The Penn State Board of Trustees is the 38-member[1] governing body for The Pennsylvania State University. While its common for boards to cover the cost of doing business, details of the spending come as the university raises tuition and slashes spending to overcome a $127 million budget deficit. An inheritance, on the other hand, isn't taxable income. It's hard to argue with taking payment for your time and effort. Note: The date in parentheses following each name indicates the year in which the term will expire. I encourage you to watch it in its entirety. Will you do your part today by making a contribution? Spotlight PAs free weekly newsletter and get Our journalism is produced to serve the public interest not profit motives. That said, we have many highly-qualified and experienced elected, voting members of the Board capable of taking on such a role. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST Edward B. That leaves us with 5% that can be used by the board to identify any constituencies that it may from time to time feel need a voice at the trustee level. Coming off a $127 million deficit last year, Penn State is under a blanket strategic hiring freeze until at least the summer of 2023 to help balance its budget. Also, the Philadelphia mayor and school board effusively praised the "historic gift" of the university. Costs that are as much as double the costs incurred by many of our Big10 cohorts for similar projects, as I have discussed, Lubrano voted Nay earlier in the Finance Committee meeting. Penn State distances itself from past diversity proposals while launching similar efforts, Penn State trustees heard universitys diversity plan in secret 2021 gathering. I am not a first generation college student but I do have siblings that are/have attended college. Receive all the latest news and events right to your inbox. Junker joined Marine Bank in 1964. Penn State trustees on Friday promised to move forward with a detailed evaluation of changes recommended by former FBI director Louis Freeh in response to the child sex-abuse scandal that . The press. And I am quite sure, those types of considerations have taken place within Penn States investment management. The 38-member board spent more than $155,500 on food and associated costs for the gatherings an average of nearly $26,000 for each two-day event. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. Students are applying, getting accepted, being housed and fed, attending classes, participating in extracurricular activities and getting degrees. There was a problem saving your notification. Several of these action items have further details; you can read the published agenda and supporting materials that include details of the history of increases to Room and Board. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. As of 2022, the chair of the board of trustees is Matthew W. Schuyler, a graduate of Penn State and chief brand officer at Hilton. Penn States Lion Ambassadors were accused of hazing. I cannot support increases to student fees for housing and food service unless and until we rein in the costs of these capital projects which directly impact the cost of room and board charged to students. The board uses The Penn Stater Hotel & Conference Center which the university owns but is expected to sell this fall for some of its meetings at University Park. 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? exclusive reporting, plus the most important news and events from our With gratitude, In a statement, the university said it was disappointed in the IFCs decision. University Park Airport Reopens After Evacuation for Suspicious Item Found in Luggage, State Pattys Day: Reflection of Indiscretions. For example, 10 years ago a manager considering an investment in TESLA would certainly, if looking solely at their financial statements, not make such an investment (TESLAs financial positions at that time were awful, compared to its peers). I think they were all deemed to be permanent for the benefit and safety of the students.. Error! As announced by The Pennsylvania State University Board of Trustees Wednesday night, Bradley will assume head coaching duties for the Penn State Football team for the . That is what the William Penn University Board of Trustees does.
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