Who the stakeholders are, who will do the right thing, and what is the right thing. 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. Last year, USC's. 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. An inheritance, on the other hand, isn't taxable income. Error! We on this Board might think that adding the ESG language is not a change from that type of decision making process. For the past six meetings, the trustees spent more than $75,000 total, or an average of roughly $12,500 per meeting. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. If you're interested in submitting a Letter to the Editor, click here. Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service 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. The memo says that university officials who enforce the 2017 rules will focus on coaching Greek leaders. What happened to the arrest, use of force data Penn State police promised to release? Donate to the Collegian by clicking the button below. First, they legally are the university, with major decision-making powers. In 1999-00, Ohio State s average of $70,350 was 2.5 percent below the benchmark average of $72,130. Penn States Lion Ambassadors were accused of hazing. There are, however, some circumstances in which you might want to choose to forgo compensation. His dad, brother, and sister all graduated from the university, along with at least 20 of his cousins. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. Sign up for our regional newsletter, Talk of the Town. ), 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.]. The selection of an accounting and audit firm for Penn State. Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. 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. In that capacity, she became involved in the Jerry Sandusky scandal. The board also paid $61,700 for "Purchased University Services," though. In fact, it is critical to the long-term health of our program that we do so. *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. Chairman Keith Masser sent an email to trustees around 8 p.m. Friday announcing that Karen P Spotlight PA is different. 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. Alice W. Pope (2023) Retired Associate Professor, Department of Psychology, Brandon D. Short (2024) Executive Director and Portfolio Manager, PGIM Real Estate. President Neeli Bendapudi also implemented a sweeping 3% budget cut. 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. 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. 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. region. You'll probably also be in charge of determining the amount of your own compensation. How often are Penn States private planes flying during a budget crunch? Why isnt it on the hazing report? Matthew W. Schuyler (2023) Chief Brand Officer. But the point was that I felt I was engaged and making reasonably good choices. Penn State cancels its Center for Racial Justice after faculty push for funding decision, Penn State wavers on funding for Center for Racial Justice, a key commitment following 2020 protests, Schools like Penn State self-police student-athlete endorsement deals, Regular private meetings among top Penn State trustees may be violating Pa.s transparency law, Penn State wont answer key questions about its handling of sexual extortion involving student athletes. 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. (Action Item 8), [Authorizes the Vice President of Finance to execute the LCB applications for various locations on campus. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. 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. 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. But I am not an advocate for the prices we have paid for many of those projects. fees paid from the Penn State endowment to outside investment advisors had averaged $10 . 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. 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. 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. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. Trustees appointed by the Governor serve until their successors have been appointed and confirmed. Fax: (814) 863-4631 Other factors stem from emotions, not money. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. 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. It's . 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. The IFC is an independent organization overseeing fraternities at Penn State that are part of the North-American Interfraternity Conference. Director of Operations,PA Municipal League. Going through the highlights of the Penn State and State College news so you don't have to. Sign up for Many on the Board seem to think it does not indicate any change at all to the existing investment policy. In the World According to Hook, the easiest definition is those things that further the purpose of the university. Serving on Penn State's Board of Trustees, elected by the alumni, since 2014. 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. 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. Army Veteran, 20+ year Law Enforcement Investigator, Private Investigator, and Digital Forensics Examiner driven to uncover the truth and find answers for challenges of all shapes and sizes . Your support enables us to continue to produce tough, unique reporting you wont find anywhere else. 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. The Penn State Board of Trustees is the 38-member [1] governing body for The Pennsylvania State University. Second, who are the people most likely to do the right thing? In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. Like other boards of trustees throughout the state, USC's trustees are not paid a salary. 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. 7 train, local . Thats what causes my feelings of futility. There is always one very straightforward financial consideration: a trustee's compensation is taxable income. He was a member of the Penn State Board of Trustees, and served as both its president and vice president. 80% of consumers turn to directories with reviews to find a local business. our region. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Including a plethora of interpretations/viewpoints that would significantly restrict investment options in the Penn State Endowment for non-financial reasons. ). 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. The struggle continued for three long years and finally in 2012 a newly established IOB bank close to his business unit lent him INR 24,000 which he successfully repaid. University Park, PA 16802, Phone: (814) 865-2521 Melewsky questioned why the. 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.