We're always interested in hearing about news in our community. 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. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST 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. You'll have to report it on your annual income tax return, and pay tax on it. How often are Penn States private planes flying during a budget crunch? I dont believe any of them were deemed to be temporary, Piazza said. This is something that is never discussed, especially when Penn State Trustees lament over lack of State funding for the University. Sign up for Sign up for our regional newsletter, Talk of the Town. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. 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. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. Among the planned upgrades are the . The trustee's payment comes from the trust assets. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. All rights reserved (About Us). Nicholas J. Rowland (2024) Professor of Sociology. 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. The structure of Penn State's Board of Trustees, while never a secret, has been discussed at length by so many people in the weeks, months and years after the events of November 2011, that. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. 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. I think the monitoring should be enhanced, he said. . Writing well is important but our job . In July, the board voted to raise tuition by 5%-6% to help increase revenue. Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. I encourage you to watch it in its entirety. The trustees are unique in that they have two distinct advantages. Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. The structure of Penn States Board of Trustees, while never a secret, has been discussed at length by so many people in the weeks, months and years after the events of November 2011, that I am usually able to recite its makeup without any reference material. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. University Park, PA 16802, Phone: (814) 865-2521 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. Obviously the alumni, and current students by virtue of their pending alumni status, are the largest stakeholders. Youve been reading our work. [4] Regular meetings of the board are held bi-monthly and take place primarily on the University Park campus, although on occasion meetings are held at other locations within the Commonwealth.[5]. The press. Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. An inheritance, on the other hand, isn't taxable income. The university described Spotlight PAs story as speculative. (Read the full exchange here.). Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. (Closed on campus holidays), Conflict of Interest Disclosure and Certification Summary Report. Why isnt it on the hazing report? I hope you appreciated this article. 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. Penn State recorded 45 violations among IFC organizations during the spring 2017 semester. Lubrano also serves as the partial namesake for Penn State's campus baseball facility,. In 2015, the university suspended a fraternity for violations that included members posting pictures of nude women, who were possibly unconscious, on a private Facebook page. Check upcoming meeting dates or watch a recording of a previous meeting to find out what you missed. May 7, 2021 Old Main on Monday, March 15, 2021. 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 attorney listings on this site are paid attorney advertising. I am a strong advocate for inclusion of Trustees on the PSIC. our region. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. our region. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. 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. 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. This is the story of her high-wire act. Board of Trustees | Penn State University. 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. 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. . STATE COLLEGE Penn State is quietly planning to roll back its oversight of fraternities and sororities, policies the university championed in 2017 following the hazing death of a student. Chairman Keith Masser sent an email to trustees around 8 p.m. Friday announcing that Karen P The Penn State Board of Trustees passed a motion to fund a renovation to the Lasch Building during their virtual meeting on Friday afternoon. YouTubes privacy policy is available here and YouTubes terms of service is available here. 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. that include details of the history of increases to Room and Board. A Penn State trustee who led the board after the Jerry Sandusky scandal will be stepping down next week. Monday - Friday Penn State Investment Council Resolutions (Action Item 6, 3 parts): Part 1:Amend bylaws to add Trustees to the Penn State Investment Council (PSIC), Part 2:Addition of language to state that the PSIC may take social and environmental considerations into account in the administration of the Universitys investments. On this Wikipedia the language links are at the top of the page across from the article title. 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. 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. That is what the William Penn University Board of Trustees does. [This is to replace Deloitte, our previous accounting and auditing firm. Robert M. Frey, Attorney-at-Law, Frey & Tiley, P.C. 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. Next, the citizens of Pennsylvania and the commonwealth itself have some stake in the university since the name Pennsylvania State University implies a connection. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. 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. In that case, lets use the ratio of alumni and student members to provide us with an answer here. President Neeli Bendapudi also implemented a sweeping 3% budget cut. And how do we define what the right thing is? Success! Wyatt DuBois, a spokesperson for Penn State, said in an emailed statement that costs for trustee meetings vary depending on location, attendance, and the agenda. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Since the university is an instrumentality of the Commonwealth of Pennsylvania, providing the essential government function of higher education, and receives 4.2% of its total operating budget and 11.1% of its general funds budget from the states appropriation, we should allocate 10% of the board seats to members chosen by the state in whatever manner the state chooses. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. This article and all of our journalism are available to you at no cost thanks to our supporters. 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.. I encourage you to watch it in its entirety. Christopher Baxter Matthew W. Schuyler (2023) Chief Brand Officer. UCLA and USC bolted the Pac-12 for the Big Ten in the summer of 2022 and will begin competing in the richest conference in college athletics ($1.1 billion per year in TV deals) in 2024. President Neeli Bendapudi also implemented a sweeping 3% budget cut. six ((). region. If you value this reporting, please give a gift today at 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. In the last decade, however, this selection process has become an exercise in futility for me. Error! We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. 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. Also, the Philadelphia mayor and school board effusively praised the "historic gift" of the university. 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. More perhaps than any man I know? The Penn State Board of Trustees is the 38-member[1] governing body for The Pennsylvania State University. 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. I think they were all deemed to be permanent for the benefit and safety of the students.. (Action Item 8), [Authorizes the Vice President of Finance to execute the LCB applications for various locations on campus. I find it neither necessary nor prudent to have one of those important positions taken by a non-voting emeriti Trustee. Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. 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. Going through the highlights of the Penn State and State College news so you don't have to. Previously, independent Greek-letter councils oversaw misconduct investigations. Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. Copyright 2023 MH Sub I, LLC dba Nolo Self-help services may not be permitted in all states. This is commonly referred to as ESG, or Environmental, Social, and Governance investing. Part 3: The proposal to appoint Randall E. Black, Barbara L. Doran, and Brandon D. Short, non-University employees, to membership (of the PSIC) with terms expiring in 2024, 2025 and 2026. The pledge cost Penn relatively little; the market value of its endowment increased by 38 percent, or $5.6 billion, in the following year. One member elected by the board as an at-large choice. Because Microsoft is able to track error messages and other dysfunctions on its products in real-time, they, in most cases, get instantaneous feedback on their products. Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. I am an advocate for many of those projects in principle. Lodging was the second-highest category of spending for the board during the most recent cycle. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. ]. region. There was an error processing your request. There was a problem saving your notification. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. But that is not what ESG investing is. It is not detrimental to our program to do so. We have no billionaire owner or shareholders to consider. Valerie L. Detwiler (2022) Senior Vice President, Senior Commercial Banker, Lynn A. Dietrich (2023) Retired Professional Engineer (PE). Piazza added that he believes the 2017 measures were a good start but did not go far enough. Share feedback on issues related to the Boards responsibility for governing and stewarding the University using an anonymous feedback form. 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. 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. In an internal memo obtained by Spotlight PA, the university declares it is time to recalibrate the relationships involved so the pendulum moves toward chapter self-governance, and away from University monitoring and intervention., According to the document, Penn State plans to end the regular monitoring of chapter houses, allow first-semester recruitment, and help Greek organizations that want to reestablish themselves at the university. 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. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Our journalism is produced to serve the public interest not profit motives. Serving on Penn State's Board of Trustees, elected by the alumni, since 2014. Editor in Chief. Youve been reading our work. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. They do, however, receive benefits such as paid travel and sports tickets. Specifically HBCU, so I can tell you that going to an HBCU is truly important especially if you . For the Glory! foundations and readers like you SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. 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. If you're interested in submitting a Letter to the Editor, click here. The university has raised $8 million for the project so far. (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. So it is money thats going back to the university for those services.. Approval of Subcommittee on Compensation Operating Guidelines. 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. Your contribution will help the Collegian provide award winning journalism to the Penn State community and beyond. The Project Gutenberg eBook of Historic Jamaica, by Frank Cundall This eBook is for the use of anyone anywhere in the United States and most other parts of the world at no cost an Edward P. Junker, III, Retired Vice Chairman, Robert D. Metzgar, Former President, North Penn Pipe & Supply, Incorporated, L. J. Rowell, Jr., Retired Chairman and Chief Executive Officer, Provident Mutual Life Insurance, Kevin R. Steele, Past President, Penn State Alumni Association, Cecile M. Springer, President, Springer Associates, Paul V. Suhey, Orthopedic Surgeon, Martin & Suhey Orthopedics, Boyd E. Wolff, Retired, Owner and Operator Wolfden Farms. . I am not a first generation college student but I do have siblings that are/have attended college. This button displays the currently selected search type. And I am quite sure, those types of considerations have taken place within Penn States investment management. Thanks for reading Barry Fenchak For Penn State Trustee! Junker joined Marine Bank in 1964. Trustees spent around $318,000 on expenses like food and lodging during meetings for its 38 board . A final stakeholder is the faculty and staff of the university. 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. An increase in tuition rates for students will also take effect.. A 2% general . Its a situation that describes how I feel about the Penn State Board of Trustees. Quentin E. Wood, Retired Chairman of the Board and Chief Executive Officer, This page was last edited on 4 February 2023, at 07:49. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST And because the living alumni to student ratio is about 7:1, that will be the ratio of the elected members from these constituencies. Nevertheless, the President, Graham B. Spanier and Vice President Gary C. Schultz and Athletic Director T. M. Curley with other cover Sandusky behavior form Board of Trustees. 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. The fine increases to $500 to $2,000 for subsequent offenses. Cookie Settings/Do Not Sell My Personal Information. ). 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. our exclusive reporting, plus the most important news and events from Second, they are also individuals dependent on. Email notifications are only sent once a day, and only if there are new matching items. With gratitude, If you're legally entitled to compensation, why not take it? our exclusive reporting, plus the most important news and events from None of us, today, can know where this will end up. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. spotlightpa.org/donate. Subscribe for free to receive new posts and support my work. SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. Learn more about addressing the board and how to sign up. For this reason I voted NO on approving this project at this time. Receive all the latest news and events right to your inbox. Some trusts set out a flat or hourly fee for the trustee, but that's not too common. The legislation comes amid growing public concern regarding oversight on Penn State's Board. The costs of several items making up the Housing and Food Services (HFS) budget have increased, and it is criticalin my opinionthat HFS operate on a balanced budget. Spotlight PAs free weekly newsletter and get our Leaders of the Interfraternity Council did not respond to multiple Spotlight PA requests for comment. And because as trustee, you're in control of those assets, that means you're in charge of paying yourself. Note: The date in parentheses following each name indicates the year in which the term will expire. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. Trustees are not paid and the university reimburses their travel expenses, though some board members forgo that reimbursement, DuBois said. 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. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. There are, however, some circumstances in which you might want to choose to forgo compensation. David R. Jones, Retired Assistant Managing Editor. 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. The University's Official News Source. [6] Note: The date in parentheses following each name below indicates the year in which the term will expire. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. 2023 Advance Local Media LLC. The median compensation for members of. Sign up today! Fax: (814) 863-4631 Trustees appointed by the Governor serve until their successors have been appointed and confirmed. Everyone deserves access to the facts. Members listed below as of May 31, 2022. Conflict of Interest Disclosure and Certification Summary Report, Committee on Academic Affairs, Research, and Student Life [PUBLIC]. Sent every Thursday. 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. 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. 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. 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. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. 843 Words4 Pages. Check the list of upcoming meetings and recent news for more information on livestream dates and times. Sign up for our regional newsletter, Talk of the Town. foundations and readers like you Who the stakeholders are, who will do the right thing, and what is the right thing.
