Board Of Trustees
The Board of Trustees is responsible for overseeing the activities of a nonprofit organization, ranging from huge foundations to small local charities. A Board of Trustees usually has between five and 20 members.
board of trustees - Related Articles
The Board's Role in Executive Compensation
Checklists ...
BOARD OF TRUSTEES - the group of persons that manages a mutual savings bank, establishes the policies u...
BOARD ROOM - A room at a brokerage firm where its clients can watch an electronic board displaying stoc...
Board of Trustees
An appointed or elected body overseeing the management of an organization and rendering advice on issues and are legally responsible for their decisions.
Board of Trustees then act as guardians of investors and ensure that money invested by investors is used according to the objective of the scheme.
Board of Trustees. A board acting as a trustee of a trust or as advisors to the trustee depending upon the language of the trust indenture. Also see Committee of Advisors.
Board of Trustees: a committee or governing body that takes responsibility for managing, and holds in trust, funds, assets, or property belonging to others, for example, charitable or pension funds or assets.
Board of Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds. Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds. Washington, D.C.
A Board of Trustees oversees the financial operations of the trust funds. The Board reports annually to the Congress on the financial and actuarial status of the trust funds. (Source: SocialSecurityOnline, (Trust Fund FAQ) ...
Howis theBoard of trustees jointly and severally responsible?
Can 2 tenants be Responsible for rent payment Jointly and Severally?
» More
Follow us ...
Board of Trustees (TIAA) The role of the TIAA Board of Trustees is to oversee the management of TIAA. The Board is composed of experienced executives and academics, most of whom are independent of management. The Board meets throughout the year.
TRUST: An organizational structure that gives control over several business firms, usually in the same industry, to a single board of trustees with the purpose of monopolizing a market.
Prudent Expert Standard: By state law, KPERS Board of Trustees uses the prudent expert standard to direct their actions in managing System assets. This standard is defined in federal legislation called the Employee Retirement Income Security Act.
A local board of trustees makes major decisions as fiduciaries, independently of the legal owners. Traditionally, income is distributed to depositors after expenses are deducted and reserve funds are set aside as required.
The organization may be controlled by its members who elect the Board of Directors or Board of Trustees. Not-for-proft organizations may have a delegate structure to allow for the representation of groups or corporations as members.
BOARD OF DIRECTORS: The Board of Trustees for the Trust consists of nine members. Most are long-standing members. Most have enough units to insure they have some financial interest. Overall it looks like a reasonable Board.
The AMC is appointed by the Board of Trustees, which oversees its activities. Thus, a mutual fund is generally established as a trust by a SPONSOR, which could be a registered company, bank or FINANCIAL INSTITUTION.
A fund whose assets are managed by a trustee or a board of trustees for the benefit of another party or parties.
With regard to its management, a trust fund can be managed by a single trustee, or be structured in such a way that allows management by a board of trustees.
a corporate director or shareholder,
a member of a board of trustees of a nonprofit organization,
another person with authority and control over funds to direct their disbursement, or
another corporation or third party payer.
This party is either (1) the employer, when the employee benefit plan is maintained by a one employer, (2) the employee organization, if the plan is maintained by an employee organization, or (3) the committee or association, joint board of trustees ...
A state-chartered savings bank that is owned by its depositors and managed by a fiduciary board of trustees.
Mutually exclusive investment decisions ...
Board of Trustees A group of people that oversees a non-profit organization. boardroom A room set aside for the meetings of a firm's board of directors. BOB The currency of Bolivia. ISO international currency code: BOB. Learn...
trust company that has responsibility over financial aspects (receipts, disbursement, and investment of pension funds) of a trust. Where this responsibility is not exercised by a bank or trust company, it is usually exercised by a board of trustees ...
Mutual savings bank
A state-chartered savings bank which is owned by its depositors and managed by a fiduciary board of trustees.
 See also: Saving, Expense, Billion, Acquisitions, Banks
  
|
RSS
