Board of Trustees FAQ

By Dr. Harriet K. Switzer, Secretary to the Board of Trustees

 

1.         Who are the Trustees of Washington University?

 

            The Board of Trustees is made up of approximately 50 men and women

            from the corporate, professional, educational, governmental, and

            volunteer sectors of the St. Louis community and major cities

            nationwide  and abroad.  In addition, Emeritus Trustees are invited

            to attend meetings and serve on committees of the Board.

 

2.         What are the responsibilities of a Board of Trustees?

 

            The Board of Trustees is legally responsible for the institution

            whose assets it holds in TRUST.  Trustees must assure themselves

            that the institution is heading in the right direction and is

            well-managed.  In short, they must fulfill their responsibilities,

            legal and moral, as TRUSTEES.  The Trustees of Washington University:

 

            a.         Appoint the Chancellor;

            b.         Review and approve or disapprove annual budgets;

            c.         Review and approve or disapprove major capital expenditures;

            d.         Make final decision on awards of tenure and degrees, and on

                        new degree programs;

            e.         Oversee the management of the endowment;

            f.          Oversee and participate in development programs;

            g.         In addition, the Trustees take an interest in and are

                        supportive of the University's people and its programs.

 

            Board members exercise a policy and oversight role in contrast to

            the implementation and operational role of the administration, staff

            and faculty.  Board members try to concentrate on questions that

            look to the future implications of current policies and practices. Who

            will implement the policies and precisely how this will be done is

            a question that should be left to the institution's chief

            administrators.  Board members are interested and informed, but are

            careful to refrain from interfering in the management and operation

            of the University.

 

3.         How are these responsibilities carried out?

 

            The basic work of the Board takes place through the work of committees.

            Washington University has the following standing Trustee committees:

 

            a.         Executive                     

            b.         Audit   

            c.         Buildings and Grounds*           

            d.         Compensation 

            e.         Development                           

            f.          Educational Policy*

            g.         Hilltop Finance*          

            h.         Medical Finance

            i.          University Finance

            j.          Honorary Degree*

            k.         Investments*

            l.          Nominating

            m.        Real Estate

            n.         Research-Graduate Affairs*

            o.         Undergraduate Life*

 

 

*  These are the committees past student representatives to the Board have

   most often attended.

 

4.         How often does the Board meet?

 

            The Board meets quarterly in October, December, March, and May. 

            The Executive Committee (15 members) meets every month the Board

            does not meet, except for August.

 

5.         Do student representatives attend Board committee meetings?

 

            Yes.  Student representatives may, with the approval of the committee

            chair and the committee staff person, attend meetings of standing

            committees of the Board, excluding the Executive, Compensation

            and Nominating Committees.

 

6.         Have there always been student representatives on Washington

            University's Board of Trustees?

 

            No.  This policy was initiated for undergraduates in 1970 and for

            graduate students in 1993 and 1996.  While the student

            representatives are not voting members of the Board, it is a

            distinct honor to be chosen as well as an opportunity to contribute

            to the work of the Board and to learn, first-hand, about the

            responsibilities of the chief policy-making body of the

            University.

 

7.         Are there other representatives to the Board of Trustees?

 

            Yes.  There are two faculty and two alumni representatives.

 

8.         What are the responsibilities of the student representatives to

            the Board of Trustees?

 

            a.         Attend meetings of the Board.

 

            b.         Meet with Chancellor and Student Life reporters after

                        Board meeting.

 

            c.         Deliver an annual report to the Board in May.

 

            d.         When appropriate express to the Board your own views on

                        issues and, if possible, an estimate of the views of other

                        students.

 

            e.         Maintain confidentiality.

 

            f.          Serve as a liason to keep channels of communication open

                        between the Chancellor and students.