In Barry’s Opinion

barry fenchak for penn state trustee

The Penn State Endowment

What good things could Penn State do with an extra $1.2 Billion? Over the last few years, the fees paid out to Penn State’s Investment Advisers have increased from approximately $11 Million per year, to nearly $75 Million per year. It is not unusual, in fact it is quite common, for large investment accounts to…

What can Penn State Athletics do in response to the recent SCOTUS rulings? An opportunity to re-awaken the Grand Experiment

There has been an abundance of confusion regarding the recent ruling by the Supreme Court in the case against the NCAA. This ruling has often been conflated with the “Names Image and Likeness” (NIL) legislation that now allows student-athletes to profit from the use of their notoriety as athletes. But what the Supreme Court (SCOTUS)…

Penn State Admi$$ion$: The Changing Admissions Landscape in a Post-COVID Era

Last year, Penn State University President Eric Barron announced that standardized test scores (aka, the SAT Test) would not be required in admissions applications. The rationale behind that change was reasonable: due to COVID restrictions, the SAT Board drastically scaled back the opportunities for high school students to take the SAT, and many students might…

Penn State Athletics: Seven Years of Sandy Barbour, Part II – Academics

PSU Athletics: In-classroom success under Sandy Barbour Sandy Barbour has now been at the helm of Penn State Athletics for seven academic years. Her fiscal, managerial, and fund-raising shortcomings – both at Penn State and at her previous position at California – are well documented. But how has Barbour done in leading her organization to,…

NIL is coming, is Penn State Ready?

The Changing Landscape of NCAA Control: Names Image and Likeness Photo courtesy: @GoPSUsports.com 30 August 2014 “Names, Image, and Likeness”. What it is, and what it isn’t: In recent months, the topic of “Names, Image, and Likeness” (NIL) has been buzzing, some would say ricocheting, through the orbit of collegiate athletics. NIL is NOT “Universities…

How Engaged are Penn State Trustees?

As many are aware, Penn State has a 38-member Board of Trustees. Penn State’s Board is approximately three times the size of the average board of Big Ten Universities. Why? Many governance experts – including former PA Auditor General Eugene DePasquale and PA Congressman John Yudichak – have stated that the size of the Board…

Candidates for Penn State Board of Trustee Elections, Part 2: Town Hall Play by Play, April 2021

What follows is a “Play by Play” Recap of the PSU Alumni -Elected Trustees Candidates Town Hall. Think of it as the opportunity to watch a football game – but edited down to eliminate the commercials and time outs. The Town Hall was held on April 8th, 2021, featuring the six candidates on the ballot for…

Candidates for Penn State Board of Trustee Elections: Town Hall Discussion, April 2021

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. The Town Hall, held via ZOOM session, was put together by PS4RS – and is available at the link below. Link to the video of the Town Hall:https://www.facebook.com/PS4RS/videos/451371632620785 The…

Penn State Athletics: Bewildering Rationales – and even more Bewildering Costs – of Football Building Renovations

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, offices, training facilities, etc. The Board of Trustees approved another round of funding – for…

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 Intercollegiate Athletics (PSU ICA), relies on forecasts of Revenues and Expenses in order to appropriately…

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: As the individuals responsible for oversight of the Penn State endowment, Penn State’s trustees have…

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 may make sense to reduce the number of sports offered – particularly those sports that…

barry fenchak for penn state trustee

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. And we will unravel some of the more disconcerting aspects of the Endowment and its…

Why is Eric Barron PSU’s President?

By now, I believe we are all familiar with Eric Barron’s record of incompetence and self-interest – and his detrimental impact on the Pennsylvania State University: But just how did Eric Barron happen to land in the seat of Penn State President? Let’s take a look back: In late 2013, when Rodney Erickson’s tenure was…

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