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. 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). Hundreds of Penn State faculty are publicly and privately questioning university leadership. Missouri, which said deed of trust was given to secure tha payment of one principal promissory . This article and all of our journalism are available to you at no cost thanks to our supporters. The median compensation for members of. 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. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. Your engagement with the board is critical and necessary to supporting the success and advancement of the University. It is well past time that we at least equal the efforts of our Big10 peers and commit to raising funds first, and THEN stick shovels into the dirt.. President Neeli Bendapudi also implemented a sweeping 3% budget cut. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. . A final stakeholder is the faculty and staff of the university. Members listed below as of May 31, 2022. STATE COLLEGE (MCT) - Two candidates for Penn State board of trustees in the crowded field have dropped out of the race. 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. Subscribe for free to receive new posts and support my work. Check the list of upcoming meetings and recent news for more information on livestream dates and times. The law allows for fines ranging from $100 to $1,000, plus the cost of prosecution, for a first offense. Rudy Glocker, a Nittany Lion letterman on the ballot in the race, said In recent years, these requests for taxpayer dollars have averaged over $500 million per year, over and above the "General Appropriation". University Park, PA 16802, Phone: (814) 865-2521 I find it neither necessary nor prudent to have one of those important positions taken by a non-voting emeriti Trustee. Trustees are not paid and the university reimburses their travel expenses, though some board members forgo that reimbursement, DuBois said. PHILADELPHIA (AP) - Penn State's board of trustees is dominated by a few wealthy and well-connected insiders, demands permanent secrecy, silences dissent and is in dire need of reform,. Please reference the Terms of Use and the Supplemental Terms for specific information related to your state. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. However, the document notes that hazing and other safety concerns, including sexual misconduct remain a concern and returning to full self-governance, especially for Greek groups connected to the Interfraternity Council, could undo positive changes gained from the 2017 changes. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). Its a situation that describes how I feel about the Penn State Board of Trustees. our exclusive reporting, plus the most important news and events from DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Share feedback on issues related to the Boards responsibility for governing and stewarding the University using an anonymous feedback form. Including a plethora of interpretations/viewpoints that would significantly restrict investment options in the Penn State Endowment for non-financial reasons. A little over a week ago, my annual email from the Penn State Board of Trustees appeared in my inbox, requesting that I cast my ballot for alumni-elected members to the board. The university also wants to engage Greek life and student media to discuss promoting the strengths and benefits of Greek life.. Board of Trustees) dmk93@psu.edu Daniel A. Onorato (2025) Executive Vice President and Chief Corporate Affairs Officer, Highmark Health dao5287@psu.edu Terrence M. Pegula (2024) CEO, Buffalo Bills, Buffalo Sabres, and JKLM Energy, LLC tmp348@psu.edu Stanley I. Rapp (2023) Senior Partner, Greenlee Partners, LLC sir43@psu.edu Elected by Alumni The bulk of those expenses are for lodging, meals and break services, and other services, and that most of those are provided by university entities, Kleppinger said. Email notifications are only sent once a day, and only if there are new matching items. Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. It's hard to argue with taking payment for your time and effort. So there we have all our criteria. Retired Associate Professor, Department of Psychology,St. And if it is, you do it no matter the cost.. We must be able to finance projects like this through philanthropyjust as Ohio State, Michigan, and others do. Penn States new president led a Kentucky university through crises. 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. If you value this reporting, please give a gift today at From giant corporations to predatory hedge funds, a small number of billionaire owners have a powerful hold on so much of the information that reaches the public about whats happening here. Editor in Chief. Error! So, do we want to do this?, Vote - Yea: 29 Nay: 3 (Cairns, Detwiler, Fenchak) Abstain: 1 (Mumin). foundations and readers like you Penn State's Board of Trustees elects, appoints incumbent trustees, new members, Sarah Pellis & Lindsey Sauerhaft | The Daily Collegian, Penn States Board of Trustees approves new engineering building, demolition of Hammond Building, Penn State releases May, summer semester coronavirus mitigation plan, New Interim Vice President of Student Affairs Andrea Dowhower leads evidence-based, student-centered approach, Our reflection on spring semester 2023 so far | Been There, Done That. Sign up for If you're interested in submitting a Letter to the Editor, click here. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. They have some skin in the game, as it were, and their personal connection with the university can be affected by what happens to and at Penn State. 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. David R. Jones, Retired Assistant Managing Editor. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. helping shape future decisions that can have a lasting impact on our students, faculty, staff, alumni, and community members. President Neeli Bendapudi also implemented a sweeping 3% budget cut. Its management that is concerned with the day-to-day operation of Penn State. She also served as Chair of the Penn State Board of Trustees from 2004-2007. How to calculate a reasonable fee is one questionwhether or not you should accept it is a wholly separate issue. 9/17/21 4:10 pm. These changes, which the university has not publicly acknowledged, were discussed on Nov. 16, 2022, during a private gathering of university leadership, Greek life leaders, and members of the Committee on Academic Affairs, Research and Student Life, which is part of the Board of Trustees. You'll probably also be in charge of determining the amount of your own compensation. Julie Anna Potts (2024) President and CEO. Indiana University of Pennsylvania President Michael Driscoll was the top earner among the State System schools at $438,000. The financial disclosures for the six meetings from September 2021 to July 2022 were among materials made available for the trustees Committee on Governance and Long-Range Planning meeting Sept. 22. spotlightpa.org/donate. The graduate student assembly passed a resolution earlier this month, asking that one graduate student and one undergraduate be added to the board. Let us know what's going on! Trustees appointed by the Governor serve until their successors have been appointed and confirmed. Photo by Michael Tauriello | Onward State. When the video of the meeting is released I will post a link to it on my website. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. Success! But I know we can be and have been in the past. That purpose, as defined by the bylaws of the University, is a multi-campus public research university that educates students from Pennsylvania, the nation and the world and improves the wellbeing and health of individuals and communities through integrated programs of teaching, research and service.. (Closed on campus holidays), Conflict of Interest Disclosure and Certification Summary Report. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. 4/30/21 4:05 am. Then third, how do we define what the right thing is for Penn State? Trustee spending peaked over the past decade during fiscal year 2015-16, when the board spent more than $415,000 on meetings, according to older financial reports. *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. Valerie L. Detwiler (2022) Senior Vice President, Senior Commercial Banker, Lynn A. Dietrich (2023) Retired Professional Engineer (PE). By participating in elections, attending meetings, and. 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. For certain, those who advocate for ESG interpret that language as something very, very different. Approval of Subcommittee on Compensation Operating Guidelines. ). 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. Also, the Philadelphia mayor and school board effusively praised the "historic gift" of the university. How often are Penn States private planes flying during a budget crunch? And how do we define what the right thing is? Things are working, so whats the problem? The board also paid $61,700 for "Purchased University Services," though. The university described Spotlight PAs story as speculative. (Read the full exchange here.). There is always one very straightforward financial consideration: a trustee's compensation is taxable income. Now join thousands of your friends and neighbors in supporting it. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. Other factors stem from emotions, not money. 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. That said, we have many highly-qualified and experienced elected, voting members of the Board capable of taking on such a role. Director of Operations,PA Municipal League. You do not seek power or popularity. He had eight years left of that ten-year . Proposed Changes in Room and Board Charges for 2023-24 Academic Year. Alice W. Pope (2023) Retired Associate Professor, Department of Psychology, Brandon D. Short (2024) Executive Director and Portfolio Manager, PGIM Real Estate. Last year, USC's. Sign up for SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. . But the point was that I felt I was engaged and making reasonably good choices. In fact, it is critical to the long-term health of our program that we do so. Spotlight PA relies on funding from Penn State's 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.

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