Among the items on the agenda for the Penn State Board of Trustees meetings of 2/18/21 was the approval of expenditures for renovations to the Lasch Building. The Lasch Building is Penn State Athletics' football building - housing locker rooms,…
Author: barryfenchak4trustee
Platform for Responsible Governance at Penn State
There are many issues and challenges facing Penn State - and higher education throughout the Country.These are the greatest challenges facing Penn State today - and our Board of Trustees needs to act now - and needs to act decisively…
The Curious Case of Sandy Barbour: Penn State Athletics’ Response to Impending Revenue Shortfall
With the impact of COVID-19 on Intercollegiate Athletics, the Penn State Board of Trustees approved adjustments to the Penn State Intercollegiate Athletics' operating budget. These projections, known as pro-formas, are compiled for very important reasons. Any business, including Penn State…
The Real Costs of Fiduciary Negligence
Funds that could have endowed 2,000 full scholarships for PSU students. 2,000 Full Scholarships for PSU students, each and every year, forever. All thrown away - for absolutely no benefit. Recent Letter to the Editor in the CENTRE DAILY TIMES:…
What would be the Financial Impact of Penn State “Cutting” some Sports?
As the NCAA cancelled spring sports across the Country, due to the Corona Virus concerns, there have been many discussions regarding the potential financial impact to University Athletic Department budgets. Among the topics discussed has been whether or not it…
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A Deeper look at the Penn State Endowment
Earlier - we discussed the bewildering increases to the fees paid to "Investment Managers" of the Penn State Endowment: https://barryfenchak4trustee.wordpress.com/?p=710 This BLOG will take a deeper dive into making sure we all know how the "Penn State Endowment" is constructed.…
Financial Cost of a College Degree: Penn State and her Big Ten Peers
What does a Penn State Bachelor's Degree really cost? How many dollars will you have to pay Penn State for your Bachelor’s Degree? Answering that question may be less straightforward than you would expect, and the answer may be a…
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What will it take to bring Penn State Tuition costs under control? What can/should the PSU Board of Trustees do?
In order to solve any problem, we must first achieve three things:1) Understand the nature of the problem, and the damage it creates.2) Understand the root cause(s) of the problemand3) Be willing to commit to a solution that addresses the…
Quick Summary: PSU Board of Trustees Meeting 5/2/2019
Quick Summary of some of the PSU BOT Actions of 5/2/2019, the day of the PSU BOT Committee Meetings. First, let me just say that when attending these BOT Meetings, I feel like the guy in this commercial: https://www.youtube.com/watch?v=M1owcncKCHg&feature=youtu.be&fbclid=IwAR2Q38IqBT8_WRqpJiA4v5jKWDUBE0YZG1R-uhLiT_jlXmpZsWR_tXqWues …
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Penn State’s Board of Trustees: The Black Box of Dysfunctional Governance
Did you miss the last Penn State Board of Trustees "Public" Meeting? Well, if so, here is a transcript (in its entirety): Mark Dambly (after calling the meeting to order): "We have a slate of 13 Consent Agenda…
Read More Penn State’s Board of Trustees: The Black Box of Dysfunctional Governance
BARRY FENCHAK FOR PENN STATE TRUSTEE 