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Definitions from WordNet

Definitions from the Web

Board of Trustees

Description:

The Board of Trustees refers to a governing body responsible for overseeing the management and decision-making processes of an organization, typically a nonprofit, educational institution, or corporation.

Senses:

Sense 1 - Administrative Board:

In this sense, a board of trustees is a group of individuals who are appointed or elected to supervise and make important decisions regarding the overall administration and policies of an organization. The board holds the ultimate responsibility for its financial integrity, strategic planning, and ensuring the organization's mission is being accomplished.

Example sentence: The university's board of trustees convened to discuss the budget allocation for the upcoming academic year.

Sense 2 - Educational Institutions:

When it comes to educational institutions, a board of trustees is a governing body responsible for making decisions related to policies, curriculum, hiring key personnel, managing finances, and ensuring the institution's overall well-being.

Example sentence: The board of trustees announced a new scholarship program to encourage students to pursue higher education in STEM fields.

Sense 3 - Nonprofit Organizations:

In the nonprofit sector, a board of trustees consists of individuals responsible for directing the organization's operations, setting goals, fundraising, and ensuring compliance with legal and ethical standards.

Example sentence: The board of trustees of the animal shelter implemented new strategies to increase community engagement and adoption rates.

Possible Related Products:

• Board of Trustees Handbook
• Governance in Nonprofits: The Ultimate Guide
• Decision Making in Corporate Boards: Turning Principles into Practices