Click for Philadelphia, Pennsylvania Forecast


On the September 20 Meeting of the Executive Committee of the Trustees

As Penn--and the nation--attempted to return to its usual business, the Executive Committee of the University Trustees convened last Thursday--for a meeting that was to have been the previous week. President Judith Rodin commented on the appointments of the new deans of Medicine and Nursing, the forum on terrorism, interim dean of Social Work , the recent opening of the new University-assisted Prek-8 public school and the new Graduate Center which will have its official opening next month.

Dr. Rodin then presented five resolutions--the first two were resolutions of appreciation, one for Peter C. Erichsen and the other for Dr. Ira M. Schwartz. The next three were resolutions on appointments: Dr. Arthur Rubenstein as EVP of UPHS, Dean of the School of Medicine and to the UPHS Trustee Board; Robin H. Beck as Vice President for ISC; and Wendy S. White as Vice President and General Counsel for Penn and UPHS. All were approved.

In the Academic Report, Provost Robert Barchi said that the Disability Report, completed this summer (Almanac September 4) has led to the creation of an office and integrated services in one place with the committee’s recommendations accepted in full. He also spoke of the completion of the Graduate School of Education’s building renovations, the opening of Wharton West, and the U.S.-Taiwan Biotechnology Conference held on September 10.

In the Financial Report, Craig Carnoroli reported that the University’s total net assets were $4.613 billion, an increase of 5% or $219.2 million since June 30, 2000. This was primarily the result of a net gain on investments of $19.8 million and non-operating contributions of $178.7 million.

Dr. Arthur Rubenstein reported that of the 148 new students in the School of Medicine, 43% are women and 13% are minorities. He also noted several advances in research including those concerning diabetes, Alzheimer’s disease and cancer. Dr. Rubenstein mentioned that Dr. John Pryor, a member of the Trauma and Surgical Critical Care Division at UPHS, went to volunteer at Ground Zero in New York.

Significant capital expenditures incurred during FY 2001 included $34.2 million for Huntsman Hall; $20.1 million for Hamilton Square; $18.6 million for Civic Center; $18.5 million for Quadrangle renovations; $8.5 million for Johnson Pavilion; $8.1 million for Perelman Quad; $6.7 million for University Museum and $5.7 million for Graduate School of Education.

Mr. John Clark, on behalf of the Budget and Finance Committee, presented two resolutions, both of which were accepted. The first resolution is for the design and construction of improvements to the Class of 1949 (38th Street) Bridge to create the "Generational Walk" and an area commemorating "125 Years of Women at Penn" estimated to cost $1.3 million. As a result of the fundraising response that has been generated for this special commemorative project, Penn anticipates being able to fund the cost entirely from gift proceeds received over the next five years. The second resolution authorizes the reallocation of capital budget authorization for UPHS to fund a cardiac catheterization lab project instead of a short procedure unit.

Mr. James Riepe presented four resolutions concerning appointments to overseer and other boards: John J. King and Judith N. Vredenburgh were appointed to the board of overseers of SAS; Judith Roth Berkowitz was reappointed as chair and Lawrence C. Nussdorf, was appointed as vice chair of the board of overseers of GSE; Michell I. Quain was reappointed as chair of the board of overseers of SEAS; and Katherine Sachs was reappointed as chair of the board of overseers of the ICA.

The meeting concluded with a moment of silence for the victims of September 11.

Almanac, Vol. 48, No. 5, September 25, 2001


September 25, 2001
Volume 48 Number 5

The School of Arts and Sciences names two faculty members to endowed chairs, Dr. Michael Katz from history and Dr. David Roos from biology
In the aftermath of the attacks, while the community has pondered and prayed, donated and discussed, consoled and counseled, hoped and helped, Penn websites have been created or expanded to provide immediate resources and up-to-date information.
The Penn Humanities Forum kicks off today with a lecture on Time.
The A-3 Assembly and PPSA join together to present an Employee Resource Fair this Friday in Perelman Quad.
Operation Brotherly Love gathers funds and goods for the victims of the recent tragedies.
The Trustees meet after a week's postponement and conclude their meeting with a moment of silence.
In light of the current crisis, the Military Leave Guidelines for faculty and staff as well as those for students are outlined.
The University Museum opens a new exhibit on Modern Mongolia with special events that coincide with Penn Family Day.