College and university board of trustee members have a critical responsibility: to direct the institution toward achieving its mission. This handbook from Grant Thornton provides information on the roles, responsibilities and liabilities of trustees. It focuses on maintaining a successful board by providing useful information on standard procedures. Among other topics, financial stewardship, accountability and board effectiveness are studied.
The handbook focuses on both the role of the individual trustee and the role of the board as a united and functioning entity, outlining the specific skill set and focus that are necessary traits of a successful board. Important tax information is also explained, as well as regulatory and compliance issues.
Click here to read the handbook.