Trustees by Margaret Mahoney
Posted on December 22, 1996 by Margaret E. Mahoney
This seminal essay from the long-time president of the Commonwealth Fund explores the critical roles and responsibilities of foundation trustees, and the duties of responsible boards of directors. Selected excerpts include: “To fulfill a trust, the trustee must act for the benefit of another, not for personal gain. Trustees are in effect moral decision makers.” “Responsible boards are not born… Read More