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Bookmark or Share- What is a Board of Trustees (Versus a Board of Directors)? - NoloWhat is a Board of Trustees (Versus a Board of Directors)? Although the terms are often used interchangeably, there are important differences between a board of trustees and a board of directors. By Christine Mathias, Attorney · Penn State Dickinson School of Law.
- Roles and duties of your board of trustees | LegalZoomRoles and responsibilities of a board of trustees. A board of trustees is a group of individuals either appointed or elected to manage and govern the assets of an endowment, charitable foundation, trust, or nonprofit organization.
- What Is a Board of Trustees? Who's Included and ResponsibilitiesA board of trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization. The board of trustees is typically the governing...
- The Role of the Board of Trustees vs. the Board of Directors - BoardEffectWhat Does a Board of Trustees Do? A charitable trust is a trust that distributes its assets to a charity. The role of the trustees is to oversee a charitable trust. Trustees are held to a higher fiduciary standard than other board directors. Their primary duty is to the beneficiaries of a trust.
- Board of Directors vs. Board of Trustees: What's the Difference?Roles and Responsibilities. A board of trustees may fill similar roles to those of a board of directors, but there are a few areas where their responsibilities differ. Boards of trustees play a crucial role in setting the long-term strategic direction of the organization.
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