What Is a Board of Trustees? скачать в хорошем качестве

What Is a Board of Trustees?

A board of trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization and seeks to ensure the best interest of stakeholders in all types of management decisions. The board of trustees typically includes key individuals involved with the management of an organization and may act as a board of directors in some organizations. Boards of trustees are commonly found in private organizations like mutual savings banks, universities, university endowments, art museums, and associations. They have fiduciary responsibility to manage the funds in the best interest of all stakeholders and ensure that the interests of depositors, borrowers, and members of the community are considered and protected. b28f