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For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. 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. 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. David R. Jones, Retired Assistant Managing Editor. 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. 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. Previously, independent Greek-letter councils oversaw misconduct investigations. Jim Piazza, Timothy Piazzas father, told Spotlight PA he was not informed that the rules were provisional. To do that I need to ask three questions: Who are the stakeholders of Penn State University? There are, however, some circumstances in which you might want to choose to forgo compensation. 201 Old Main An inheritance, on the other hand, isn't taxable income. We on this Board might think that adding the ESG language is not a change from that type of decision making process. 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. 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. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. The memo says that university officials who enforce the 2017 rules will focus on coaching Greek leaders. Trustees are usually not paid for their duties, but they sometimes are. I think this is a great starting point in our quest for people who will do the right thing for Penn State. The non-trustee members of all other bodies, boards of advisors and other boards and formed by the Trustees, with the exception of the Investment Board and the Penn Medicine Board and Penn Medicine Executive Committee, shall be nominated by the Chair of the Trustees and the President and elected by the Trustees for terms of three years unless . President Neeli Bendapudi also implemented a sweeping 3% budget cut. One member elected by the board as an at-large choice. 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. 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. 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. Members listed below as of May 31, 2022. In that case, lets use the ratio of alumni and student members to provide us with an answer here. 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. This is something that is never discussed, especially when Penn State Trustees lament over lack of State funding for the University. In the World According to Hook, the easiest definition is those things that further the purpose of the university. But that is not what ESG investing is. We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. 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. (Note: Trustee Lubrano voted Nay earlier in the Finance Committee meeting. who are committed to accountability journalism that gets results. Sent every Friday and Monday. Spotlight PAs free weekly newsletter and get There were 1,068 write-in ballots. 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. 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. 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. With gratitude, 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. Youve been reading our work. The Penn State Board of Trustees passed a motion to fund a renovation to the Lasch Building during their virtual meeting on Friday afternoon. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. 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 ]. In the last decade, however, this selection process has become an exercise in futility for me. The pledge cost Penn relatively little; the market value of its endowment increased by 38 percent, or $5.6 billion, in the following year. (Closed on campus holidays). The trustee's payment comes from the trust assets. An increase in tuition rates for students will also take effect.. A 2% general . And at the same time we will remove the futility some of us feel with the current trustee elections. The board also paid $61,700 for "Purchased University Services," though. Elmwood Park, aa addition to the City ot Kansas, Jackson 000317. 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). 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 . 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. Will you do your part today by making a contribution? Spotlight PAs free weekly newsletter and get our Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. Conflict of Interest Disclosure and Certification Summary Report, Committee on Academic Affairs, Research, and Student Life [PUBLIC]. 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. Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. Junker joined Marine Bank in 1964. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. The law allows for fines ranging from $100 to $1,000, plus the cost of prosecution, for a first offense. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. Penn State agreed to tighten some of its Greek life rules as part of its settlement with the Piazza family. This article and all of our journalism are available to you at no cost thanks to our supporters. Get weekend previews and weekend recaps from The Daily Collegian Sports staff sent to your inbox. YouTubes privacy policy is available here and YouTubes terms of service is available here. ), Proposed Purchase of Property at 131-151 Mendels Way, Benner Township, Centre County (Action Item 5), [This purchase will provide real estate to further Penn States Agricultural Research efforts.]. She also served as Chair of the Penn State Board of Trustees from 2004-2007. who are committed to accountability journalism that gets results. Thats what causes my feelings of futility. Now join thousands of your friends and neighbors in supporting it. (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 trustee's payment comes from the trust assets. Indiana University of Pennsylvania President Michael Driscoll was the top earner among the State System schools at $438,000. 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. He was a member of the Penn State Board of Trustees, and served as both its president and vice president. 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. Editor in Chief. Second, they are also individuals dependent on. 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. Spotlight PAs free weekly newsletter and get But I am not an advocate for the prices we have paid for many of those projects. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. I encourage you to watch it in its entirety. 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. 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. First, who are the stakeholders? 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,. Two members selected by the faculty and staff. Sign up for This leads us to the question of how many total Trustees should Penn State have? The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. block. Lubrano and Company, Inc. President, A.P. . Donate to the Collegian by clicking the button below. The Town Hall, held via ZOOM session, was put together by PS4RS - and is available at the link below. 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. Spotlight PA relies on funding from Anthony P. Lubrano (2023) President, A.P. 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. Spotlight PAs free weekly newsletter and get our The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. When expanded it provides a list of search options that will switch the search inputs to match the current selection. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. The younger programmers default to these statistics when determining which problems to fix. 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. 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. Penn State recorded 45 violations among IFC organizations during the spring 2017 semester. 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. Nolan is soiling them tor 12.60. 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. 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. 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. Randolph Houston will also assume a two-year seat as the immediate past president of the Penn State Alumni Association, replacing Wagman. Quentin E. Wood, Retired Chairman of the Board and Chief Executive Officer, This page was last edited on 4 February 2023, at 07:49. That is what the William Penn University Board of Trustees does. Sign up today! If you value this reporting, please give a gift today at They are the ones whose association with the university is affected the most by what happens to and at Penn State both positive or negative. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. Who are the people most likely to do the right thing? In building the proposed 2021-22 Operating Budget, Penn State has placed the highest priority on keeping tuition affordable while continuing to provide a high-quality educational experience 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. the success and advancement of the University. The current Ohio State salary average of $73,930 is 2.9 percent below the average benchmark salary of $76,160. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . He had eight years left of that ten-year . Several of these action items have further details; you can read the. An email has been sent to with a link to confirm list signup. 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. Whereas management is concerned with doing things right, governance is concerned with doing the right thing.. In recent years, these requests for taxpayer dollars have averaged over $500 million per year, over and above the "General Appropriation". You have permission to edit this article. 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. Participate in upcoming trustee elections and learn more about the candidates. 9/17/21 4:10 pm. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. Sign up for our regional newsletter, Talk of the Town. Professors, administrators and staff are being hired, producing work, managing others, getting paid and retiring. In July, the board voted to raise tuition by 5%-6% to help increase revenue.