foundations and readers like you Penn students want voting rights on its board of trustees, like some other colleges. So there we have all our criteria. President and Owner/Operator,M & J Management Corp. Chairman Emeritus, McNees Wallace and Nurick LLC(Vice Chair of theBoard of Trustees), Executive Vice President and Chief Corporate Affairs Officer, Highmark Health, CEO, Buffalo Bills, Buffalo Sabres, and JKLM Energy, LLC, Attorney and Founder, Law Offices of Alvin F. de Levie, Registered Investment Advisor and Securities Principal, Director, Air Quality Life Index (AQLI) and Air Quality Programs,Energy Policy Institute,University of Chicago. Barron, who's set to retire in June, will now receive an annual salary of $876,612 about $21,000 more than last year. 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. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. To do that I need to ask three questions: Who are the stakeholders of Penn State University? exclusive reporting, plus the most important news and events from our (Action Item 8), [Authorizes the Vice President of Finance to execute the LCB applications for various locations on campus. So, do we want to do this?, Vote - Yea: 29 Nay: 3 (Cairns, Detwiler, Fenchak) Abstain: 1 (Mumin). When the video of the meeting is released I will post a link to it on my website, https://barryfenchak4trustee.com. The trustees, on the other hand, are the governance that sets the strategies and policies of Penn State. 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. and participate in a number of other committees and initiatives in addition to attending board meetings and executing trustee duties. In order to achieve our goals we must have people to guide and lead the way for us. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST Handling other people's money is a serious responsibility. The trustee's payment comes from the trust assets. Having spent decades in nonprofit management, if the members of the governing board are engaged and motivated, the number is not a critical issue. . There was an error processing your request. Elmwood Park, aa addition to the City ot Kansas, Jackson 000317. And I am quite sure, those types of considerations have taken place within Penn States investment management. When the video of the meeting is released I will post a link to it on my website. Donate to the Collegian by clicking the button below. 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. The Penn State Board of Trustees passed a motion to fund a renovation to the Lasch Building during their virtual meeting on Friday afternoon. I am not a first generation college student but I do have siblings that are/have attended college. region. Chairman Keith Masser sent an email to trustees around 8 p.m. Friday announcing that Karen P With gratitude, A board of trustees is a group appointed to preside over a nonprofit, charitable foundation or business. Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. Its management that is concerned with the day-to-day operation of Penn State. Costs that are as much as double the costs incurred by many of our Big10 cohorts for similar projects, as I have discussed here. Several of these action items have further details; you can read the. The memo says that university officials who enforce the 2017 rules will focus on coaching Greek leaders. Because alumni and current students are the largest stakeholders, with the most to gain or lose from the universitys good or bad fortunes, lets have alumni and student-elected members comprise 80% of the board. It's . Six years later, Penn States new administration appears to be easing those restrictions. To balance the budget by 2025, the university is attempting to save an estimated $250 million and, in the last few weeks, it has both raised tuition and . 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. Why isnt it on the hazing report? Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. The following year, Penn State created the Timothy J. Piazza Center for Fraternity and Sorority Research and Reform, which helped launch a scorecard system for fraternity and sorority chapters across the country. President, A.P. The younger programmers default to these statistics when determining which problems to fix. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. The trustees are unique in that they have two distinct advantages. I think they were all deemed to be permanent for the benefit and safety of the students.. trustee, the follpwlng (described real estate, situated In the county of Jackson and state ot Missouri, to wlt: All ot the south twenty-five (35) feet of lot three (3). Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. 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. In the alumni election, the distribution of votes per candidate was as follows: Additionally, Donald Cairns was elected and incumbent Chris Hoffman was reelected by the delegates of agricultural societies, Robert Fenza and Mary Lee Schneider were reelected as trustees representing business and industry, Julie Anna Potts was reelected as an at-large trustee and Nicholas Rowland was elected as the boards academic trustee. Writing well is important but our job . 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. By participating in elections, attending meetings, and. Will you do your part today by making a contribution? 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. Right now, we are not even close in fundraising. 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%. Valerie L. Detwiler (2022) Senior Vice President, Senior Commercial Banker, Lynn A. Dietrich (2023) Retired Professional Engineer (PE). To someone like myself, who works in the investment management field, considering other factors aside from pure financials is common and prudent. block. 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. An email has been sent to with a link to confirm list signup. In July, the board voted to raise tuition by 5%-6% to help increase revenue. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. He was a member, former chair, and current board member of the Penn State Behrend Council of Fellows. The alumni trustees' report, co-signed by former trustees Anthony Lubrano and Ryan McCombie, and current board members Ted Brown, Barbara Doran, Robert Jubelirer, William Oldsey and Alice. Fax: (814) 863-4631 If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Tho Underwriters Association of the middle department, comprising Penn sylvania, Maryland, Delaware, New Jersey, West Virginia nnd tho District of Columbia, has notified the agents of Reynoldsvillo of tho advnneo In fire in surance rates, which took effect March 1, 1902. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. You'll probably also be in charge of determining the amount of your own compensation. 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. Office of the Board of Trustees Obviously the alumni, and current students by virtue of their pending alumni status, are the largest stakeholders. None of us, today, can know where this will end up. Members listed below as of May 31, 2022. Receive all the latest news and events right to your inbox. Your contribution will help the Collegian provide award winning journalism to the Penn State community and beyond. Do Not Sell or Share My Personal Information, real work that comes with serving as a trustee, Do Not Sell or Share My Personal Information. First, who are the stakeholders? 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. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST 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. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. Youve been reading our work. Quentin E. Wood, Retired Chairman of the Board and Chief Executive Officer, This page was last edited on 4 February 2023, at 07:49. Set a rate that's appropriate given the kind of work you're doing, and then keep careful track, in writing, of how many hours you spend on trust business. 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. [2] Undergraduate students do not elect any trustees; the court case Benner v. Oswald ruled that the Equal Protection Clause of the Fourteenth Amendment did not require the undergraduate students be allowed to participate in the selection of trustees. So it is money thats going back to the university for those services.. 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. Whereas management is concerned with doing things right, governance is concerned with doing the right thing.. 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. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. I am an advocate for many of those projects in principle. 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. And if it is, you do it no matter the cost.. 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. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. Our journalism is produced to serve the public interest not profit motives. This story has been updated with additional comment from Penn State. Baylor Coach The article published May 28, 2016, by Mark Schlabach on ESPN titled, "Baylor to fire coach Art Briles after 8 Seasons," is about Sixty-year-old Art Briles in the process of finishing his extension of his ten-year contract for coaching football at Baylor University. 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. Roth and trustees David . . Wyatt Massey of Spotlight PA State College, creation of a new vice president position, regularly holding private meetings that potentially violate Pennsylvanias transparency law, 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 distances itself from past diversity proposals while launching similar efforts, by Wyatt Massey of Spotlight PA State College, Penn State trustees heard universitys diversity plan in secret 2021 gathering. 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. 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. I dont believe that is accurate. What happened to the arrest, use of force data Penn State police promised to release? (Action Item 7), [Amendments to the operating guidelines of the Boards subcommittee on compensation. 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. An increase in tuition rates for students will also take effect.. A 2% general . I encourage you to watch it in its entirety. But considering a more robust set of factors, including the consideration that TESLA might become a future market leader in a rapidly growing business, or that TESLAs leadership team had a strong track record of successful innovation a prudent investment manager might very well have made that investment. In 2018, Pennsylvania enacted the Timothy J. Piazza Antihazing Law, which created stricter penalties for hazing and required universities to report hazing violations. [6] Note: The date in parentheses following each name below indicates the year in which the term will expire. This may be one of those times when the old adage, Ignorance is bliss might be more conducive to a positive alumni mindset. 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. 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. 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. 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. He rose through successive management positions before being named president in 1974 and CEO in 1983. 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. She is a senior studying digital and print journalism with a minor in creative writing through Schreyer Honors College. Photo by Michael Tauriello | Onward State. Previously, independent Greek-letter councils oversaw misconduct investigations. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. Alice W. Pope (2023) Retired Associate Professor, Department of Psychology, Brandon D. Short (2024) Executive Director and Portfolio Manager, PGIM Real Estate. But I am not an advocate for the prices we have paid for many of those projects. 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. Our journalism is produced to serve the public interest not profit motives. Penn State recorded 45 violations among IFC organizations during the spring 2017 semester. We have no billionaire owner or shareholders to consider. There are, however, some circumstances in which you might want to choose to forgo compensation. 201 Old Main Sign up for 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. The university described Spotlight PAs story as speculative. (Read the full exchange here.). The group made local news last week after allowing its fraternities to register State Pattys weekend social events for the first time since 2011. 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. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. The memo argues the 2017 policies created culture shift, including an increase in grade-point averages among Greek life members and a drop in reports of misconduct. Sent every Friday and Monday. *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. Julie Anna Potts (2024) President and CEO. With gratitude, 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. exclusive reporting, plus the most important news and events from our 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. The university enacted more than a dozen changes to its oversight and compliance rules for Greek life after 19-year-old Timothy Piazza died at the Beta Theta Pi fraternity on campus. fees paid from the Penn State endowment to outside investment advisors had averaged $10 . Melewsky questioned why the. 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. 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. 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. The board also paid $61,700 for "Purchased University Services," though. 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. David R. Jones, Retired Assistant Managing Editor. I hope you appreciated this article. Then third, how do we define what the right thing is for Penn State? One member elected by the board as an at-large choice. Share your thoughts with the board at an upcoming meeting. 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. University Park Airport Reopens After Evacuation for Suspicious Item Found in Luggage, State Pattys Day: Reflection of Indiscretions. A final stakeholder is the faculty and staff of the university. who are committed to accountability journalism that gets results. 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. Insurance Rates Raised. They do, however, receive benefits such as paid travel and sports tickets. . Janiyah Davis, student in Penn State's College of the Liberal Arts, was elected as a student trustee, a position she will hold for two years. Lubrano also serves as the partial namesake for Penn State's campus baseball facility,. If you're legally entitled to compensation, why not take it? 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). Randolph B. Houston, Jr. (2023) Assistant General Counsel, Charles C. Brosius, Retired President, Marlboro Mushrooms, Walter J. Conti, Retired Owner, Cross Keys Inn/Pipersville Inn, Donald M. Cook, Jr., Retired President, SEMCOR, Incorporated, Marian U. Barash Coppersmith, Retired Chairman of the Board, The Barash Group. If you're interested in submitting a Letter to the Editor, click here. 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,. 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. (Closed on campus holidays). Megan Swift is the editor-in-chief of The Daily Collegian. Sign up for Specifically HBCU, so I can tell you that going to an HBCU is truly important especially if you . 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. Everyone deserves access to the facts. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. 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
Can You Eat Spaghetti With Diverticulitis, Mahtowa State Park, Shari Vahl Journalist, Articles D