Sentence:  Two millions were added to what had been set aside for it in Mrs. Meeker 's lifetime , and the proviso made that as long as Brian Thayer continued to discharge his duties as administrator of the fund to the satisfaction of the <WSD>board</WSD> of trustees ( hereinafter appointed by the bank administering the estate ) he was to be retained in his present capacity at a salary commensurate with the increased responsibilities enlargement of the fund would entail . 
Meaning of the word marked with <WSD> tags:  a governing board elected or appointed to direct the policies of an educational institution