A board of trustees is a group of individuals responsible for overseeing the management and direction of an organization, such as a nonprofit, school, or university. Their main duties include setting policies, ensuring financial stability, and representing the interests of stakeholders. Trustees are typically appointed or elected and serve for a specific term.
Trustees bring diverse skills and experiences to the board, which helps in making informed decisions. They work collaboratively to guide the organization towards its goals while ensuring compliance with laws and regulations. The board plays a crucial role in maintaining the organization's mission and vision.