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. Going through the highlights of the Penn State and State College news so you don't have to. STATE COLLEGE Penn State is quietly planning to roll back its oversight of fraternities and sororities, policies the university championed in 2017 following the hazing death of a student. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. 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. Penn State agreed to tighten some of its Greek life rules as part of its settlement with the Piazza family. Copywriters are not paid to write. But I am not an advocate for the prices we have paid for many of those projects. But we have fallen well short of the mark in the last decade. SIAP: Penn State board of trustees subcommittee OKs $71K pay - On3 President Neeli Bendapudi also implemented a sweeping 3% budget cut. With gratitude, She also served as Chair of the Penn State Board of Trustees from 2004-2007. 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. 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 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. Your support enables us to continue to produce tough, unique reporting you wont find anywhere else. State law is unlikely to be much help either; many states set out rules for executors, but not for trustees. Fax: (814) 863-4631 [6] Note: The date in parentheses following each name below indicates the year in which the term will expire. Sent every Friday and Monday. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Handling other people's money is a serious responsibility. 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. 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. We must be able to finance projects like this through philanthropyjust as Ohio State, Michigan, and others do. The Role of the Board of Trustees vs. the Board of Directors - BoardEffect 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. And it also enables us to share that work with more than 90 newsroom partners in your community and communities across the state at no charge. Vornado's Penn Station Development Plan Reaches Pivotal Point Last year, USC's. She is a senior studying digital and print journalism with a minor in creative writing through Schreyer Honors College. 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. 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. Board Member Salary in Texas | Salary.com (Closed on campus holidays). 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). Dan Greenstein, the new State System chancellor, who began working. During the Sept. 22 governance committee meeting, David Kleppinger, a governor-appointed trustee, said the board supports university-operated services. This article and all of our journalism are available to you at no cost thanks to our supporters. The board of trustees will vote Friday afternoon on whether to approve up to $7.5 million in renovations to the outdoor fields at the Lasch Football Building and the indoor Holuba Hall. 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. How often are Penn States private planes flying during a budget crunch? Granted, thats not necessarily the case, but its certainly possible with the makeup with the board as is. To someone like myself, who works in the investment management field, considering other factors aside from pure financials is common and prudent. Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. 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. Sign up for our regional newsletter, Talk of the Town. The following year, Penn State created the Timothy J. Piazza Center for Fraternity and Sorority Research and Reform, which helped launch a scorecard system for fraternity and sorority chapters across the country. Approval of Subcommittee on Compensation Operating Guidelines. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. In that case, lets use the ratio of alumni and student members to provide us with an answer here. University Park, PA 16802, Phone: (814) 865-2521 Candidates for Penn State Board of Trustee Elections: Town Hall And I think the university is still not aggressive enough in going after the groups or the individuals that break the rules.. Trustees appointed by the Governor serve until their successors have been appointed and confirmed. Penn State's Board of Trustees elects, appoints incumbent trustees, new University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. To do that I need to ask three questions: Who are the stakeholders of Penn State University? The memo says that university officials who enforce the 2017 rules will focus on coaching Greek leaders. 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 . 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. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Outgoing Penn State President Eric Barron unanimously received a 2.5% raise from the university's Board of Trustees Friday afternoon. In an internal memo obtained by Spotlight PA, the university declares it is time to recalibrate the relationships involved so the pendulum moves toward chapter self-governance, and away from University monitoring and intervention., According to the document, Penn State plans to end the regular monitoring of chapter houses, allow first-semester recruitment, and help Greek organizations that want to reestablish themselves at the university. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. The Composition of Penn State's Board of Trustees Needs to Change Retired Associate Professor, Department of Psychology,St. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. So there we have all our criteria. I think the monitoring should be enhanced, he said. For example, in May 2022, the board paid $10,858.54 for "Barron video" and "Fleet." 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. [This is to replace Deloitte, our previous accounting and auditing firm. Who are the people most likely to do the right thing? First, they legally are the university, with major decision-making powers. Trustees OSU salaries slip Share your thoughts with the board at an upcoming meeting. The board also paid $61,700 for "Purchased University Services," though the reports offer limited details about those services. The attorney listings on this site are paid attorney advertising. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020. Check the list of upcoming meetings and recent news for more information on livestream dates and times. It's time for wealthy colleges to share the wealth (opinion) When the video of the meeting is released I will post a link to it on my website. spotlightpa.org/donate. ], This site requires JavaScript to run correctly. 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. 7 train, local . University Park Airport Reopens After Evacuation for Suspicious Item Found in Luggage, State Pattys Day: Reflection of Indiscretions. 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. 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. 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.
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