PDF AGENDA ITEM 3. - Pennsylvania State University Baylor To Fire Coach Art Briles After 8 Seasons By Mark | ipl.org Wyatt Massey of Spotlight PA State College, creation of a new vice president position, regularly holding private meetings that potentially violate Pennsylvanias transparency law, Unequal election policies disenfranchised Pennsylvania voters in 2022, by Kate Huangpu of Spotlight PA and Carter Walker of Votebeat, How anxiety came to dominate the big business of medical marijuana cards in Pennsylvania, Thousands of Pa. homeowners feel stuck in a high-stakes game of telephone with their homes, vital utilities on the line, What the public can and cant know about Four Diamonds, beneficiary of Penn State THONs fundraising, Grudges, tribalism, and infighting rife in Pennsylvania borough that hired the cop who killed Tamir Rice, by Min Xian of Spotlight PA State College, A complete guide and amendment tracker for proposed changes to Pennsylvanias Constitution, Penn State distances itself from past diversity proposals while launching similar efforts, by Wyatt Massey of Spotlight PA State College, Penn State trustees heard universitys diversity plan in secret 2021 gathering. Specifically HBCU, so I can tell you that going to an HBCU is truly important especially if you . But that is not what ESG investing is. The university declined to say whether any of the changes outlined in the November memo violate that agreement. Board members serve as bridges between Penn's schools and centers and the community beyond campus boundaries. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. The university has raised $8 million for the project so far. 80% of consumers turn to directories with reviews to find a local business. . He lauded the high education standards of the football team, that he prefers brain over brawn and then asked the audience why this so evident at Penn State. 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. USC's trustees call the shots at the university. Who are they? | The State Board of Trustees | Penn State University. Then we should provide 5% of the board seats to the faculty and staff of the University so their voice can be heard in its governance. Success! In 1999-00, Ohio State s average of $70,350 was 2.5 percent below the benchmark average of $72,130. 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. (Action Item 7), [Amendments to the operating guidelines of the Boards subcommittee on compensation. 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. In that capacity, she became involved in the Jerry Sandusky scandal. Photo by Michael Tauriello | Onward State. Penn State's Eric Barron third highest paid public university president 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. To someone like myself, who works in the investment management field, considering other factors aside from pure financials is common and prudent. In 1998-99, Ohio State s average faculty salary was $66,890, which was 1.9 percent below the benchmark average of $68,170. Learn more about the purpose, goals, and members of each standing committee. SUMMARY OF THE BUDGET PLAN. The current Ohio State salary average of $73,930 is 2.9 percent below the average benchmark salary of $76,160. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. our region. Alice W. Pope PhD - Retired Faculty - St. John's University | LinkedIn exclusive reporting, plus the most important news and events from our 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. Paterno, Lubrano and Pope to Seek Reelection to Penn State Board of Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. 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. In July, the board voted to raise tuition by 5%-6% to help increase revenue. The alumni trustees' report, co-signed by former trustees Anthony Lubrano and Ryan McCombie, and current board members Ted Brown, Barbara Doran, Robert Jubelirer, William Oldsey and Alice. Penn State trustees ratify request for major boost in state aid, Penn State trustees approve beer sales to general fan base during home football games. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. 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. For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. The board comprises thirty-six voting members and two ex-officio non-voting membersthe President of the University and the Governor of the Commonwealth of Pennsylvania. 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. An inheritance, on the other hand, isn't taxable income. We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. The press. (Philadelphia [Pa.]) 1857-1880, October 01, 1857, Image 3 The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Consider it just one more family responsibility, which you meet because it's the right thing to do, not because you're being paid for it. Sign up for our regional newsletter, Talk of the Town. You do not seek power or popularity. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST How Much Board of Directors Members Get Paid and What They Do (State College) The Penn State Board of Trustees approved a salary increase for university employees on Thursday. 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. Members listed below as of May 31, 2022. Trustees OSU salaries slip Youve been reading our work. Your contribution will help the Collegian provide award winning journalism to the Penn State community and beyond. Penn State trustees on Friday promised to move forward with a detailed evaluation of changes recommended by former FBI director Louis Freeh in response to the child sex-abuse scandal that . 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. Enter the email address you signed up with and we'll email you a reset link. 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. 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. ], Proposed Naming of the Building Located at 2137 Research Drive, State College in CATO Park to the Lidia Manson Building CATO Park (Action Item 2), Proposed Authorization to Expend Funds, ICA Facility Investments, University Park (Action Item 3), [Approval of $7.5 Million Intercollegiate Athletics (ICA) spending, financed via debt, to add a video board, sound system, and other ancillary items to the football practice fields.]. Whereas management is concerned with doing things right, governance is concerned with doing the right thing.. The University's Official News Source. Johns University, Executive Director and Portfolio Manager,PGIM Real Estate, National Healthcare Business Leader, Siemens Industry, Inc. Smart Infrastructure Division, CEO and President,First Citizens Community Bank, Senior Vice President,Senior Commercial Banker,Reliance Bank, Retired Chief Operating Officer, Liberty Property Trust, Retired President,CEO and Director,ADT Corporation, Retired Chief Executive Officer, Prologis, Former Project Manager,The Vanguard Group, President and CEO, North American Meat Institute, Chief Brand Officer, Hilton(Chair of theBoard of Trustees), College of the Liberal Arts, Penn State University, Professor of Sociology,Penn State Altoona, Assistant General Counsel, Buzzfeed, Inc.; Immediate Past President, Penn State Alumni Association, Office of the Board of Trustees Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. An increase in tuition rates for students will also take effect.. A 2% general . Penn State trustees heard university's diversity plan in secret 2021 Barron spoke at yesterday's pep rally in Baltimore | Penn State Nittany 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. 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. The pledge cost Penn relatively little; the market value of its endowment increased by 38 percent, or $5.6 billion, in the following year. 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 . Penn States new president led a Kentucky university through crises. There was a problem saving your notification. Missouri, which said deed of trust was given to secure tha payment of one principal promissory . Fax: (814) 863-4631 That said, a large and rapidly increasing portion of that budget is the cost of debt servicelargely from the construction projects for new and renovated dormitories. 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. 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. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . But I know we can be and have been in the past. who are committed to accountability journalism that gets results. [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.