Charities are facing a crisis in recruiting board trustees. Additionally, boards have been criticised for lacking diversity and being unrepresentative of society. The purpose of this paper is to propose a solution to the problem of trustee recruitment, by considering university business students as trustees. Through an analysis of advertised…

The rationale for the principles of effective school governance in England, as set out in government regulations, has never been made explicit. This article addresses that issue and develops and proposes such principles. We argue that effective school governance secures the legitimacy of schools as institutions. Such institutional legitimacy is…

As part of their commitment in the 2022 School Resource Management Strategy to research good practice and share findings with the sector, the Department for Education (DfE) commissioned CooperGibson Research (CGR) and St. Mary's University, to conduct qualitative research exploring school and trust business practices. The research aimed to better…

Using a legal framework, doctrinal analysis, critical legal analysis, and fundamental legal research and drawing upon legislation, case law, judicial, and scholarly commentary, this article defines the fiduciary duties of Canadian university governing boards given the unique features of the university as a legal entity. The legal analysis…

The Gloucestershire Gateway Trust (GGT) is a social enterprise initiative in Southwest England focused on Asset-Based Community Development (ABCD). This article describes a six-year action research collaboration that has sought to support the GGT and its local non-profit organizational partners using a variety of action research methods, including…

In many ways, families who have children with special needs are similar to most other families. They share a daily routine, watch movies and eat popcorn on the weekends, and enjoy vacationing together at a beach or camp. All parents want their children to have access to good schools and the best possible healthcare. Most importantly, parents hope…

Several colleges and universities lost millions in the alleged $50-billion Ponzi scheme run by the Wall Street trader Bernard L. Madoff. The losses include institutions' endowment holdings in hedge funds that were invested with Madoff as well as hits taken by supporting foundations and donors. Several foundations that have been active in higher…

When Commonfund and the National Association of College and University Business Officers (NACUBO) announced in late 2008 that they would join forces to combine their two endowment studies, which had historically been fielded and reported separately, they had high hopes for the venture, but those hopes were tempered with caution. The financial…

The legal terrain regarding institutions' rights for use of major charitable gifts has clarified somewhat in recent months. While this may encourage institutional fundraisers, it is also clear that extreme care still must be taken about the acceptance and terms set for use of transformational gifts. As recent lawsuits demonstrate, careful planning…

Recently, spending and fees at colleges and universities have been rising faster than family incomes. If this trend persists, increasing emphasis will be placed on endowments as a source of finance. This paper examines financial planning when growth rates for the sources and uses of funds differ. First, we examine concepts of "intergenerational…

This Winter 2007 quarterly newsletter from the Community College League of California includes: (1) Incumbents: Some Win, Some Lose in November Trustee Elections; (2) Voters Approve $2 Billion in Bonds; (3) Photos from the "Together We Can" conference; (4) Report, Media Criticize Transfer, Completion Rates and Colleges; (5) District…

The annuity and trust income program (deferred giving) permits donors to give more than they thought they could. Suggestions for establishing and monitoring such programs are offered in this article, which is a condensation of remarks at the National Conference on Trusteeship. (Author/LBH)

This booklet is part of a series of monographs focusing on conflicts of interest in different sectors of the financial industry. This particular study examines a number of conflict-of-interest problems related to the management of public pension funds. In his discussion, the author analyzes a variety of related problems, such as the selection of…

A guide for individuals with fiduciary responsibility for investments offers both general and specific recommendations for assessing and making financial decisions, including steps to take and questions to ask concerning quantitative analyses. Focus is on the role of the college or university trustees in managing endowment funds. (MSE)

The process by which constitutional and trust law have blended together in the charitable trust field is examined. Focus is on whether a settlor can expect racial and religious restrictions in a charitable trust to be allowed, how to deal with them if they are, and what happens to the trust property if they are not. (LBH)