May 7, 2021 Old Main on Monday, March 15, 2021. 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. Sign up today! Second, they are also individuals dependent on. ], This site requires JavaScript to run correctly. 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. Your support enables us to continue to produce tough, unique reporting you wont find anywhere else. Rudy Glocker, a Nittany Lion letterman on the ballot in the race, said And at the same time we will remove the futility some of us feel with the current trustee elections. 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. In July, the board voted to raise tuition by 5%-6% to help increase revenue. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. [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. Lubrano and Company, Inc. Anthony P. Lubrano (2023) President, A.P. We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. 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. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST I am not a first generation college student but I do have siblings that are/have attended college. Youve been reading our work. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. During its May 7 meeting, the Penn State Board of Trustee's Committee on Governance and Long. I encourage you to watch it in its entirety. There is always one very straightforward financial consideration: a trustee's compensation is taxable income. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. (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. But this stake is not very large given the states current financial distributions to the university. 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. Megan Swift is the editor-in-chief of The Daily Collegian. who are committed to accountability journalism that gets results. It is not detrimental to our program to do so. Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. You have permission to edit this article. 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. Trustees | Office of the Board of Trustees - Pennsylvania State University The university has raised $8 million for the project so far. One searches in vain for public praise of Penn's payment of the TCJA tax. Insurance Rates Raised. *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. This leads us to the question of how many total Trustees should Penn State have? PA Seeks To Hold Penn State Board Of Trustees More Accountable 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. Stay up to date on the boards activities and get involved. 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. A final stakeholder is the faculty and staff of the university. 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 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. 7 train, local . For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. Penn State operated at a $166 million deficit the last academic year, using its central reserves to off-set the shortfall, with Thorndike acknowledging such a practice is not sustainable. 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. They do, however, receive benefits such as paid travel and sports tickets. 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. I encourage you to watch it in its entirety. foundations and readers like you For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. Penn State recorded 45 violations among IFC organizations during the spring 2017 semester. In order to achieve our goals we must have people to guide and lead the way for us. Now join thousands of your friends and neighbors in supporting it. Penn State agreed to tighten some of its Greek life rules as part of its settlement with the Piazza family. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. Like other boards of trustees throughout the state, USC's trustees are not paid a salary. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. 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. 2022 Board of Trustees election results announced | Penn State University Three incumbent trustees and five new members were elected or appointed to serve on the Penn State Board of Trustees today (May 6). Email notifications are only sent once a day, and only if there are new matching items. Spotlight PA relies on funding from This story has been updated with additional comment from Penn State. 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. An increase in tuition rates for students will also take effect.. A 2% general . But the point was that I felt I was engaged and making reasonably good choices. Will you do your part today by making a contribution? (Action Item 8), [Authorizes the Vice President of Finance to execute the LCB applications for various locations on campus. 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. And if it is, you do it no matter the cost.. For certain, those who advocate for ESG interpret that language as something very, very different. 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. She is a senior studying digital and print journalism with a minor in creative writing through Schreyer Honors College. Penn State's Board of Trustees Invited This Speculation And I think the university is still not aggressive enough in going after the groups or the individuals that break the rules.. (Tim Shaffer/Reuters) Penn State's Board of Trustees was blasted today in a newly released report on how the school handled the Gerald Sandusky child abuse debacle, accused of failing in. The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. 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 An inheritance, on the other hand, isn't taxable income. Enter the email address you signed up with and we'll email you a reset link. Going through the highlights of the Penn State and State College news so you don't have to. Penn State Forward campaign supports 3 candidates for Alumni Board of The board also paid $61,700 for "Purchased University Services," though. Office of the Board of Trustees Who the stakeholders are, who will do the right thing, and what is the right thing. Julie Anna Potts (2024) President and CEO. Now join thousands of your friends and neighbors in supporting it. What happened to the arrest, use of force data Penn State police promised to release? 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. Trustees OSU salaries slip Sent every Thursday. 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. 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. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. Trustees are not paid and the university reimburses their travel expenses, though some board members forgo that reimbursement, DuBois said. Download this stock image: Penn State interim head football coach Tom Bradley, right, arrives for a press conference with interim athletic director Mark Sherburne, left rear, in State College, Pa., Thursday, Nov. 10, 2011. SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. Proposed Changes in Room and Board Charges for 2023-24 Academic Year. 201 Old Main 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. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. Missouri, which said deed of trust was given to secure tha payment of one principal promissory . The university also wants to engage Greek life and student media to discuss promoting the strengths and benefits of Greek life.. Subscribe for free to receive new posts and support my work. The legislation comes amid growing public concern regarding oversight on Penn State's Board. Spotlight PAs free weekly newsletter and get our Trustees appointed by the Governor serve until their successors have been appointed and confirmed. 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.