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The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. 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. 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. Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. 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. Like other boards of trustees throughout the state, USC's trustees are not paid a salary. Spotlight PAs free weekly newsletter and get 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. 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. Melewsky questioned why the. 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. Christopher Baxter In that capacity, she became involved in the Jerry Sandusky scandal. So it is money thats going back to the university for those services.. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. Penn States new president led a Kentucky university through crises. 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). 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. During its May 7 meeting, the Penn State Board of Trustee's Committee on Governance and Long. Spotlight PA relies on funding from SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. 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. 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.. Note: The date in parentheses following each name indicates the year in which the term will expire. It is well past time that we at least equal the efforts of our Big10 peers and commit to raising funds first, and THEN stick shovels into the dirt.. . In July, the board voted to raise tuition by 5%-6% to help increase revenue. STATE COLLEGE Penn States Board of Trustees spent nearly $318,000 on its past six in-person meetings, covering the travel, lodging, food, and other expenses of attendees, according to newly released records. And how do we define what the right thing is? Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. 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. Sign up for For this reason I voted NO on approving this project at this time. Some trusts set out a flat or hourly fee for the trustee, but that's not too common. 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 Copywriters are not paid to write. 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. exclusive reporting, plus the most important news and events from our In 1999-00, Ohio State s average of $70,350 was 2.5 percent below the benchmark average of $72,130. Its a situation that describes how I feel about the Penn State Board of Trustees. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. 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). 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 . Sign up for our regional newsletter, Talk of the Town. The fine increases to $500 to $2,000 for subsequent offenses. But this stake is not very large given the states current financial distributions to the university. And I am quite sure, those types of considerations have taken place within Penn States investment management. 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. It's . During the Sept. 22 governance committee meeting, David Kleppinger, a governor-appointed trustee, said the board supports university-operated services. I am not a first generation college student but I do have siblings that are/have attended college. For fans of Harry Potter, in the prequel movie Fantastic Beasts: The Crimes of Grindelwald, Albus Dumbledore tells Newt Scamander the following: Do you know why I admire you, Newt? (Action Item 7), [Amendments to the operating guidelines of the Boards subcommittee on compensation. 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). 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. 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. Previously, independent Greek-letter councils oversaw misconduct investigations. The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. How often are Penn States private planes flying during a budget crunch? Fax: (814) 863-4631
Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. Hundreds of Penn State faculty are publicly and privately questioning university leadership. Professors, administrators and staff are being hired, producing work, managing others, getting paid and retiring. 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. Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. Sent every Friday and Monday. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. Christopher Baxter The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. In some states, the information on this website may be considered a lawyer referral service. Your contribution will help the Collegian provide award winning journalism to the Penn State community and beyond. Lubrano also serves as the partial namesake for Penn State's campus baseball facility,. [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]. 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. 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. An email has been sent to with a link to confirm list signup. If we assign three board seats to the state, two to the faculty and one to the board for their use in filling a voice, we have a total of 30 trustees, and we hit our percentage goals above almost exactly. To do that I need to ask three questions: Who are the stakeholders of Penn State University? If our goal is to truly compete with our Big10 athletics peers, including underwriting all of the very beneficial initiatives proposed by Athletic Director Pat Kraft, which I am strongly in favor of, we must be competitive with our peers, especially Ohio State and Michigan, in raising funds via philanthropy. University Park Airport Reopens After Evacuation for Suspicious Item Found in Luggage, State Pattys Day: Reflection of Indiscretions. Spotlight PA relies on funding from the success and advancement of the University. spotlightpa.org/donate. Back in the days when the ballots came in the mail, this selection process used to be a semi-enjoyable bit of reading and vetting that made me feel as if I played a very small part, but a part nonetheless, in the governance of a great university. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. I hope you appreciated this article. 2023 Advance Local Media LLC. Will you do your part today by making a contribution? Sign up for our regional newsletter, Talk of the Town. 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. Leaders of the Interfraternity Council did not respond to multiple Spotlight PA requests for comment. I encourage you to watch it in its entirety. 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. I encourage you to watch it in its entirety. Last year, USC's. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. [3], The main responsibilities of the board are to select the president of Penn State, to determine the goals and strategic direction of the University, and to approve the annual budget. So, do we want to do this?, Vote - Yea: 29 Nay: 3 (Cairns, Detwiler, Fenchak) Abstain: 1 (Mumin). Director of Operations,PA Municipal League. The university described Spotlight PAs story as speculative. (Read the full exchange here.). At least mine. So it is money thats going back to the university for those services.. 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. 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. Board of Trustees | Penn State University. 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. 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 . 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. Interested to expand my network of PSU alums because all voices deserve to be heard, and all are . The attorney listings on this site are paid attorney advertising. [This is to replace Deloitte, our previous accounting and auditing firm. 4/30/21 4:05 am. Monday - Friday
One member elected by the board as an at-large choice. In 1998-99, Ohio State s average faculty salary was $66,890, which was 1.9 percent below the benchmark average of $68,170. 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. Randolph Houston will also assume a two-year seat as the immediate past president of the Penn State Alumni Association, replacing Wagman. Sent every Thursday. Now join thousands of your friends and neighbors in supporting it. Copyright 2023 MH Sub I, LLC dba Nolo Self-help services may not be permitted in all states. An inheritance, on the other hand, isn't taxable income. Nicholas J. Rowland (2024) Professor of Sociology. Penn State University has not reimbursed Pa. State Police for security at Proud Boys event, Penn State paid state, local police almost $1.9 million for 2021 home football game security. The board also paid $61,700 for "Purchased University Services," though the reports offer limited details about those services. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. They do, however, receive benefits such as paid travel and sports tickets. Please, The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. Your support enables us to continue to produce tough, unique reporting you wont find anywhere else. Including a plethora of interpretations/viewpoints that would significantly restrict investment options in the Penn State Endowment for non-financial reasons. Who are the people most likely to do the right thing? First, who are the stakeholders? Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. This will provide the best opportunity for the university to be responsive to the desires of its lifeblood those who are and were educated by Penn State. 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. The trustees, on the other hand, are the governance that sets the strategies and policies of Penn State. 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. 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. 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. After a bit of a hiatus, Been There, Done That Podcast co-hosts Sarah Pellis and Lindsey Sauerhaft return for a new addition of the podcast. For the Glory! Success! Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST
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 university declined to say whether any of the changes outlined in the November memo violate that agreement. The press. All rights reserved (About Us). Penn State Greek Life has faced multiple scandals and allegations of misconduct, including the death of a freshman in 2009. Handling other people's money is a serious responsibility. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. Two members selected by the faculty and staff. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. In order to achieve our goals we must have people to guide and lead the way for us. 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). That said, we have many highly-qualified and experienced elected, voting members of the Board capable of taking on such a role. 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. What happened to the arrest, use of force data Penn State police promised to release? You do not seek power or popularity. Will you do your part today by making a contribution? The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. William Schreyer -- a Penn State trustee whose daughter is a longtime board member of The Second . Your engagement with the board is critical and necessary to supporting the success and advancement of the University. 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. Learn more about addressing the board and how to sign up. I hope you appreciated this article. Bognet graduated in 1997 and went on to a career in business and politics, as he ran for a seat in Congress this past fall. Costs that are as much as double the costs incurred by many of our Big10 cohorts for similar projects, as I have discussed here. Trustees appointed by the Governor serve until their successors have been appointed and confirmed. (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. 7 train, local . Please reference the Terms of Use and the Supplemental Terms for specific information related to your state. This leads us to the question of how many total Trustees should Penn State have? 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. Thats what causes my feelings of futility. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . 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. Writing well is important but our job . Other factors stem from emotions, not money. The trustees are unique in that they have two distinct advantages. Board members serve as bridges between Penn's schools and centers and the community beyond campus boundaries. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. Lubrano and Company, Inc. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Office of the Board of Trustees
Penn State distances itself from past diversity proposals while launching similar efforts, Penn State trustees heard universitys diversity plan in secret 2021 gathering. our exclusive reporting, plus the most important news and events from 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. ]. A board of trustees is a group appointed to preside over a nonprofit, charitable foundation or business. . Mycommitment is to continue to work with each of you to ensure our focus, as a board, remains on strategic matters such as affordability, financial management, innovation, the future of higher education and ensuring Penn State is an inclusive environment for all., Your engagement with the board is critical and necessary to support. our region. 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. 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. Hazleton, Pennsylvania native Jim Bognet has been connected to Penn State his entire life. She also served as Chair of the Penn State Board of Trustees from 2004-2007. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. 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. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. Lodging was the second-highest category of spending for the board during the most recent cycle. Previously, independent Greek-letter councils oversaw misconduct investigations. Then third, how do we define what the right thing is for Penn State? For the past six meetings, the trustees spent more than $75,000 total, or an average of roughly $12,500 per meeting. 843 Words4 Pages. With gratitude, 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. *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. Join us virtually at the next meeting livestream. 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. Insurance Rates Raised. Obviously the alumni, and current students by virtue of their pending alumni status, are the largest stakeholders. Andrew Solender / Axios: Biden says he will sign resolution blocking D.C. crime law President Biden said Thursday he would sign a GOP-led resolution to block changes to Washington, D.C.'s local criminal code that reduce maximum penalties for some violent crimes. 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. 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. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. 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. and participate in a number of other committees and initiatives in addition to attending board meetings and executing trustee duties. The University's Official News Source. Everyone deserves access to the facts. 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. There was an error processing your request. The trustee's payment comes from the trust assets. At the time, Penn State said Greek lifes self-governance model had failed to bring an end to excessive drinking, hazing, sexual assault and overly large disruptive gatherings within their organizations.. I think this is a great starting point in our quest for people who will do the right thing for Penn State. Some trusts set out a flat or hourly fee for the trustee, but that's not too common. 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. There are, however, some circumstances in which you might want to choose to forgo compensation. The board's Subcommittee on Compensation said his salary got bumped . Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. Anthony P. Lubrano (2023) President, A.P. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. But Penn State's Board of Trustees didn't help the process, and even might have invited this latest round of speculation, by debating $48.3 million in football upgrades before approving the. How to calculate a reasonable fee is one questionwhether or not you should accept it is a wholly separate issue. 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. He rose through successive management positions before being named president in 1974 and CEO in 1983. Enter the email address you signed up with and we'll email you a reset link. You'll probably also be in charge of determining the amount of your own compensation. 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. Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. block. Why isnt it on the hazing report? Jim Piazza, Timothy Piazzas father, told Spotlight PA he was not informed that the rules were provisional. Sign up for SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. Penn State agreed to tighten some of its Greek life rules as part of its settlement with the Piazza family. Serving on Penn State's Board of Trustees, elected by the alumni, since 2014. [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. (Note: Trustee Lubrano voted Nay earlier in the Finance Committee meeting. A "Town Hall" panel was held on April 8th, 2021, featuring the six candidates on the ballot for Penn State University Board of Trustee Alumni Elections. For example, in May 2022, the board paid $10,858.54 for "Barron video" and "Fleet." 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.