Board of Trustees

A Board of Trustee/">Trustees is a group of individuals enTrusted with overseEINg the management and governance of an organization, particularly in nonprofit, educational, and governmental entities. This board is responsible for establishing policies, ensuring financial stability, and providing strategic direction. Members typically serve in a fiduciary capacity, making decisions that affect the organization’s long-term Sustainability and mission.

Examples of Boards of Trustee/">Trustees include:

• University Board of Trustee/">Trustees: Governs the policies and strategic direction of a university, such as the University of California Board of Regents.
• Charity or Nonprofit Board of Trustee/">Trustees: Oversees the operations of a nonprofit organization, like the board of the Red Cross.
• Public Library Board of Trustee/">Trustees: Manages the policies and Budget of a public library system, such as the New York Public Library Board.

Cases where a Board of Trustee/">Trustees might intervene include:

• Assessing and approving the annual Budget of an organization.
• Hiring and evaluating the performance of the executive director or president.
• Making decisions on major organizational changes, such as mergers or partnerships.