blue gradient background

Reports and Initiatives

Finance and Business Initiatives

UP Campus bell in the snow

Budget Allocation Approach

In August 2022, President Neeli Bendapudi charged a group of leaders under the direction of Sara Thorndike, senior vice president of Finance & Business/Treasurer, to explore and develop a new budget model that better serves the mission, vision, and values of the University. This effort supports Penn State's multi-pronged approach to reducing costs, identifying efficiencies and enhancing revenues.

Penn State University Stone Sign

Finance and Business Sustainability Initiatives

As a steward of Penn State resources, Finance and Business aims to increase sustainability across the University and has worked to transform units into champions of environmental action. F&B works closely with the Sustainability Institute on a variety of projects that continue to tackle new sustainability challenges with innovative and efficient solutions.