FC: "Penn State Trustees Should Disclose How Much They Donate to University" By John Hook

[StamfordBridgeVikingatLeftOffensiveTackle]

Good luck with that.

Penn State Trustees Should Disclose How Much They Donate to University

We are now two weeks into spring and at the beginning of April, when, as the saying goes, April showers bring May flowers. Which is probably why my online

www.statecollege.com

 

[Achowalogan]

They should also disclose any money they garner directly/indirectly from their influence on university spending…

 

[PSUFTG2]

FWIW:
Not exactly to John Hook's point, but related: Having Board members "buy their seats" is a tried and true pathway to disfunctional governance. It is easy enough to see in just about every governance scenario.

 

[Steve JG]

FWIW:
Not exactly to John Hook's point, but related: Having Board members "buy their seats" is a tried and true pathway to disfunctional governance. It is easy enough to see in just about every governance scenario.

it is also standard practice for university boards of trustees

 

[Nitt1300]

FWIW:
Not exactly to John Hook's point, but related: Having Board members "buy their seats" is a tried and true pathway to disfunctional governance. It is easy enough to see in just about every governance scenario.

Well, if they could afford a seat in Congress, they would buy one. What's a poor boy (or girl) to do?

 

[Keyser Soze 16802]

"In a large, for-profit public company, the board is beholden to the shareholders – the investors who own stock in the company as noted above. A large public nonprofit organization like Penn State does not issue stock, so who is the Board of Trustees beholden to? Who are the shareholders? I would suggest Penn State alumni are the majority shareholders of Penn State."

 

[Train027]

The only way ethics reform comes to the BoT is by legislative action so it’s not going to happen. I wish it would happen.

 

[BobPSU92]

What happens first at Penn State? Disclosure or foreclosure?

 

[Nittany1865Farmer]

"In a large, for-profit public company, the board is beholden to the shareholders – the investors who own stock in the company as noted above. A large public nonprofit organization like Penn State does not issue stock, so who is the Board of Trustees beholden to? Who are the shareholders? I would suggest Penn State alumni are the majority shareholders of Penn State."

In a perfect world, this would be true and all of the BOT would be trying to hire the best teachers and professors who are unbiased in their academia, not injecting personal opinions or politics into their work and we would have a sports program that would not dominate every financial discussion or become so attached to its revenue that it doesn't drive the University, but the University would have the power and influence to keep sports in proper context and meaning in comparison to academia.

 

[Nittany1865Farmer]

What happens first at Penn State? Disclosure or foreclosure?

Considering that the "Commonwealth University" recently disclosed that they were over 110 million in debt and that the anchor, Bloomsburg University is being pushed to serious financial problems because of taking on the massive debts of Lock Haven and Mansfield; the state Education board doesn't seems to be concerned about helping them out of its situation or taking the radical steps needed such as shutting down the state campuses, like Lock Haven, Mansfield and others to keep the ones that are 'financially more solvent" to stay alive.

 

[GrimReaper]

They should also disclose any money they garner directly/indirectly from their influence on university spending…

'Direct" transactions are disclosed.

 

[fairgambit]

Good luck with that.

Penn State Trustees Should Disclose How Much They Donate to University

We are now two weeks into spring and at the beginning of April, when, as the saying goes, April showers bring May flowers. Which is probably why my online

www.statecollege.com

I really don't care what they do with their money. I care what they do with Penn State's money. I will add that, given a choice, I would rather they give more of their time than money. Giving money, if you have it, is easy. Giving time is more difficult. You can always make more money but you can never make more time.

 

[BobPSU92]

Considering that the "Commonwealth University" recently disclosed that they were over 110 million in debt and that the anchor, Bloomsburg University is being pushed to serious financial problems because of taking on the massive debts of Lock Haven and Mansfield; the state Education board doesn't seems to be concerned about helping them out of its situation or taking the radical steps needed such as shutting down the state campuses, like Lock Haven, Mansfield and others to keep the ones that are 'financially more solvent" to stay alive.

OBVIOUSLY. , these schools need to build new state-of-the-art buildings to attract more students.

FACILITIES.

 

[JohnJumba]

More like what they take.

These guys are self centered, nothing more.

 

[Keyser Soze 16802]

OBVIOUSLY. , these schools need to build new state-of-the-art art buildings to attract more students.

Fixed it for you my friend

 

[Keyser Soze 16802]

In a perfect world, this would be true and all of the BOT would be trying to hire the best teachers and professors who are unbiased in their academia, not injecting personal opinions or politics into their work and we would have a sports program that would not dominate every financial discussion or become so attached to its revenue that it doesn't drive the University, but the University would have the power and influence to keep sports in proper context and meaning in comparison to academia.

Respectfully, trustees do not get involved in faculty hiring and if they did they would have problems with accreditation agencies