Campus Philanthropy Fall 2014
The fall 2014 issue of Campus Philanthropy, the annual news magazine for benefactors of Penn State New Kensington, is available online.
The 12-page, four-color publication recaps the recently-concluded seven-year “For the Future” campaign. Highlights include: campus campaign raising $3.8 million, nearly 130 percent of its goal; 50th anniversary celebration; charter members of the arch Society; Alcoa as inaugural Corporate Partner of the Year; technology building named after former campus executive office Robert Arbuckle; Alle-Kiski Society doubling it $26,000 pledge; and Chancellor Kevin Snider’s five-year strategic plan.
The lull before the next Penn State campaign allows Penn State New Kensington to focus on campus-specific initiatives for the next few years. These initiatives include renovation of the Forum Theatre and a new softball field at the Alcoa Technical Center. Alumni and friends are encouraged to continue their generosity, especially during the fourth annual Penn State Day of Philanthropy that is set for Tuesday, Dec. 2. The event is intended to raise awareness of private giving’s impact on the University and its students. For more information, contact Donna Speer, director of development, at 724-334-6057 or email@example.com.
To receive a hard copy of the newsletter, call 724-334-6049 or email firstname.lastname@example.org
To view the fall e-edition, visit Campus Philanthropy Fall 2014 (pdf)
CAMPUS CAMPAIGN 2007-2014
Total Raised: $810,678
Percentage of Goal Raised: 127 %
OFFICE OF DEVELOPMENT
The Office of Development at Penn State New Kensington works in partnership with alumni, students, faculty, staff, the advisory board, and the community to meet the fundraising goals set forth by the University while also working toward a greater awareness and appreciation for the New Kensington campus and its many economic and cultural contributions to the region.
OFFICE OF ALUMNI AND PUBLIC RELATIONS
The Office of Alumni and Public Relations at Penn State New Kensington is the liaison between the campus, the University, and the Alle-Kiski Society, the local organization of the Penn State Alumni Association. Our mission is to connect alumni to the University and to each other, to provide valued services to members, and to support the University's mission of teaching, research, and service.
In addition, the office manages the campus' relationship with the news media across the region and produces news and information about events, people and activities at the campus. The office focuses on achievement by students and research accomplishments and expertise of faculty. The department develops and markets news articles and story ideas to local media, assists with media interviews, and connects media with campus experts. In addition, Public Relations produces various alumni news publications such as the Penn State New Kensington Newswire, a free weekly electronic newswire about campus events that is delivered to you via e-mail every Thursday; You can sign-up for newswire service at: http://newswires.psu.edu/
Feature story about campus donors in the
Valley News Dispatch by R.A. Monti
Donors support Penn State New Kensington students
By R.A. Monti
Published: Monday, Feb. 10, 2014, 12:01 a.m.
Some local donors have made sure that worthy Penn State New Kensington students will continue to get a quality education.
In the past few months, the Upper Burrell college has received three different commitments to start scholarship funds of at least $50,000.
“These are Trustee Scholarships,” said Donna Speer, PSNK's director of development. “It's sponsored by the board of trustees.”
Speer said Penn State recently announced that it will double the normal amount the campus can draw on a scholarship.
“You can draw 5 percent a year from the fund for scholarships,” Speer said. “The university usually matches that, but now they're going to double it.”
Speer said the university draws the endowment's market value, about 4.5 percent.
“So, you can give a student about 14 percent,” she said.
On an endowment of $50,000, instead of receiving a $5,000 scholarship, it allows a student to get $7,000.
Speer said that those who make the donations can pay it off during five years, but still receive the university's doubled match.
For Dr. Karl Salatka and his wife, Jennifer, donating to the scholarship fund made sense.
“I think it specifically helps the community,” said Karl Salatka, a retired surgeon and Lower Burrell resident. “In general, I think it helps the country.
“Penn State has offered the opportunity to match funds to our funds,” he said. “So, we get a multiplier effect.
“That's more money brought in to support local students, the campus and our community.”
Speer said those who donate scholarships can put one provision on how their money is given out. The Salatkas are asking that their scholarship be awarded to students who come from underprivileged backgrounds.
Dr. Jim and Lynn Ramage of Manor Township are requesting that their scholarship be given to a student who majors in a STEM (Science Technology Engineering Mathematics) program.
“It changed my whole life by getting an education,” said Jim Ramage, a retired veterinarian. “I never thought that (going to college) would occur.
“My father died at 53, my mother was a waitress till she was 75,” said Ramage, a 1963 graduate of the school. “I worked in a mill after the service, and decided it wasn't the way I wanted to spend my life. They had the G.I. Bill, and decided I wanted to use it.
“Applying to Penn State, they had scholarship money for me and other people like me who couldn't afford the whole cost.”
Ramage said it was important for him and his wife, who sent both of their children to Penn State, to help other students.
“I have friends that will hold off and leave (money) in their will, but I want to be able to see it be put to use,” he said. “I'd rather enjoy the student's efforts.”
Alum gives back
Ray Mastre, the head of the school's Advisory Board, has drawn money from various places to raise as much as possible for his scholarship.
A 2004 graduate from Penn State New Kensington, with a degree in information science technology, Mastre works for PricewaterhouseCoopers, or PWC.
“Whatever I donated, PWC matches,” said Mastre, 32, from his hotel room in Barcelona, where he is on business. “I also got a lot of donations from Advisory Board members.
“Add that to the match by the university, and we were able to generate a lot of money.”Mastre said his endowment will total about $80,000.
“I went to Penn State New Kensington as a student, when it went from two-year to four-year institution,” said the Plum native, who calls New York City home.
Mastre said it's important to him to help students finish their degrees at PSNK, so his scholarship is designed to go to students who are entering their junior or senior year.
“I wasn't in a position to move away and live on campus,” he said. “I wanted to commute somewhere that could give me a quality education.”
Mastre said scholarships played a major role in his attending Penn State.
“I come from a single-parent home and wasn't in a position to afford to go to school,” he said. “I was a caddy at Oakmont Country Club and was awarded the Stanley Druckenmiller Foundation Scholarship.”
Druckenmiller is the founder of Duquesne Capital. His net worth is more than $2.8 billion, according to Forbes Magazine.
“(The scholarship) gave me the means to attend Penn State,” he said. “I met Stanley Druckenmiller a couple times and he told me he was glad to help me, but encouraged me to pass it on.
“So, I'm trying to do that.”
R.A. Monti is a freelance reporter for Trib Total Media.
His email is email@example.com
Bill Woodard, Alumni and Public Relations Specialist
147 Conference Center
Office of Development
- Alumni and Friends