function of a trustee
A trustee manages property that is held in trust. A trust is an arrangement in which one person holds the property of another for the benefit of a third party, called the beneficiary. The beneficiary is usually the owner of the property or a person designated as the beneficiary by the owner of the property. A trustee may be either an individual or a corporation. Trusts are useful for investment purposes, and they offer various tax advantages.
Responsibilities of the Board of Trustees. Focus on being a policy maker by supporting the clear distinction between the policy-making functions of the Board and the responsibility of the administration and faculty to administer and implement these policies.