Trustee example sentences

"Trustee" Example Sentences

1. John was appointed as a trustee of the charity.
2. The board of trustees manages and oversees the organization.
3. Trustees are responsible for the proper administration of the trust.
4. The company's assets are held in trust by the trustees for the benefit of the beneficiaries.
5. The trustees meet quarterly to review the organization's finances and operations.
6. Sue has served as a faithful trustee of the foundation for many years.
7. The estate was left in the hands of trustees for his minor children.
8. Phil was elected by the members as a new trustee of the nonprofit.
9. Several members of the community serve as volunteer trustees.
10. The new trustee's first duty was the annual financial review.
11. Trustees have a fiduciary duty to act in the best interests of the beneficiaries.
12. The charity depends on the dedication and hard work of its trustees.
13. Linda, as trustee, maintains the financial records and files the annual tax return.
14. Each trustee has an obligation to attend board meetings regularly.
15. Philanthropy is the main motivation for most people who become trustees.
16. Serving as a trustee can be a rewarding and meaningful way to give back to the community.
17. Trustees cast votes to determine the organization's strategic direction.
18. The trustees ensure that the charity's resources are used appropriately and effectively.
19. Development and fundraising is one of the key responsibilities of many trustees.
20. New trustees undergo an orientation to familiarize themselves with the charity's purpose and operations.
21. High standards of integrity and confidentiality are expected of all trustees.
22. Trustees are often responsible for evaluating the performance of the organization's executive director.
23. The chair of the board of trustees presides over meetings and sets the agenda.
24. Good trustees wisely balance oversight with empowering the organization's staff.
25. Trustees establish policies and procedures for the organization to follow.
26. Donors and members elect the trustees to represent their interests.
27. Minute taking and record keeping are duties often assigned to a designated trustee.
28. Trust deeds outline the roles and responsibilities of the trustees.
29. Trustees ensure that the charity complies with legal and regulatory requirements.
30. Expertise in areas like finance, law, and human resources is valuable for trustees to possess.
31. The by-laws define the powers delegated to the organization's trustees.
32. All decisions made by the trustees should be documented in meeting minutes.
33. New trustees attend an orientation to familiarize themselves with their duties.
34. Conflicts of interest must be avoided by trustees at all times.
35. Confidentiality is an important obligation for all trustees of an organization.
36. Trustees are elected or appointed in accordance with the organization's bylaws.
37. Trustees represent the donors and members who elect them.
38. Trustees work together cooperatively in the interests of the organization.
39. Trustees balance oversight with operational deference given to staff and officers.
40. Training and professional development is vital for trustees.
41. Trustee term limits ensure periodic refreshing of governing boards.
42. Limited liability protects the personal assets of trustees.
43. Trustees bring skills, expertise and experience to benefit the organizations they serve.
44. It is the duty of trustees to work to ensure the long-term financial health and sustainability of an organization.
45. Trustees play a key role in strategic planning for nonprofits and charities.
46. Trustees have a fiduciary duty to act prudently and in good faith.
47. Trustees delegate operational authority while maintaining oversight responsibilities.
48. Trustee positions are typically unpaid volunteer roles.
49. Trustees must always act solely in the interests of the charity or nonprofit.
50. Trust funds are overseen by a trustee or board of trustees.
51. Trustees are bound by duties of obedience, care and loyalty.
52. An annual report summarizes the activities of the organization for its trustees and members.
53. Trustees with legal or financial expertise are often selected to serve as treasurer or chair positions.
54. Trustee positions are held in trust for the beneficiaries of the trust or organization.
55. Trustees monitor the finances, performance and operations of an organization.
56. Trustees form high-level policies and strategies while avoiding micromanagement.
57. Trustees generally meet as a group several times per year.
58. Removal of a trustee can occur for misconduct or failing to fulfill duties.
59. Amendment of trust deeds requires the consent of the trustees.
60. The fiduciary duty of trustees includes the duty of impartiality between beneficiaries.

Common Phrases

1. The board of trustees appointed a new headmaster.
2. He served honorably as a trustee of the university for many years.
3. She was elected as a trustee of the museum.
4. The will named three trustees to manage the estate.
5. The duties of the trustee are to manage the assets wisely.
6. The bank acted as the trustee of the trust fund.
7. The charity named John as the trustee of their foundation.
8. Rachel was appointed as the trustee of her grandfather's estate.
9. The public library has a board of trustees that oversees operations.
10. The responsibilities of the trustee were to invest the funds judiciously.
11. The non-profit depends on its board of trustees for strategic guidance.
12. I appoint you, Paul, to be the trustee of my estate and assets.
13. The newly elected trustees held their first board meeting.
14. The law requires trustees to act in the beneficiaries' best interests.
15. The hospital's board of trustees includes doctors and business leaders.
16. The trustee embezzled funds from the trust that was supposed to help orphans.
17. The role of the trustee is to manage finances and investments prudently.
18. The settlor chose the trustee to carry out his wishes after his death.
19. The trustee promised to maintain the endowment in perpetuity.
20. The bank declined to act as trustee due to perceived conflicts of interest.
21. The foundation's trustees allocate funds to various charitable causes.
22. The terms of the trust grant broad discretionary powers to the trustee.
23. The new trustee pledged to be transparent and accountable for all decisions.
24. The beneficiaries sued the trustee for mismanagement of trust assets.
25. The elderly woman named her nephew as the sole trustee of her estate.
26. The trustee's first duty is to invest the trust funds prudently for growth.
27. The bylaws explain the duties and responsibilities of the board of trustees.
28. The settlor and trustee had a long discussion before signing the trust document.
29. The retired judge agreed to serve as trustee due to his experience and integrity.
30. The meeting of the trustees to decide on grant recipients was contentious.
31. The museum's collection was put in jeopardy due to mismanagement by the trustees.
32. The trustee convinced the beneficiaries to approve a risky but potentially lucrative investment.
33. The revocable living trust names the settlor's daughter as successor trustee.
34. The board of trustees voted unanimously to hire a new school superintendent.
35. The college's endowment fund is managed by a board of independent trustees.
36. Some trustees believe the funds should only be used for scholarships.
37. Others argue the endowment could support faculty salaries and research.
38. The conflict between these two groups of trustees threatens to divide the board.
39. The attorney advised the trustee to thoroughly document all financial decisions.
40. The retired schoolteacher agreed to serve as trustee for her nephew's college fund.
41. The trustee promised to invest the money conservatively during his nephew's primary years.
42. The board of trustees includes community, business, and religious leaders.
43. The church depends on its dedicated group of trustees to ensure its long-term survival.
44. The trust document names three trustees to manage and distribute the orphanage's endowment.
45. The responsibility of a trustee is to balance growth with capital preservation.
46. The board of trustees reviews grant applications quarterly.
47. The settlor chose close friends and family members to act as trustees for his grandchildren.
48. The probate court appointed the bank as trustee for the minor's inheritance.
49. The trustees unanimously approved construction of a new science wing for the school.
50. The new trustees aim to increase transparency and accountability in their management of funds.
51. The charity's mission depends on its trustees acting with wisdom and prudence.
52. The grantmakers rely on the judgment of their trustees to fund worthy recipients.
53. Some potential trustees declined the role due to its significant responsibilities.
54. The board of trustees works with the museum director to set strategic goals.
55. The settlor appointed trustees who shared his values and philanthropic vision.
56. The trust outlines financial incentives for the trustee's diligent management.
57. Beneficiaries can take legal action if they feel the trustee is not fulfilling duties properly.
58. The trustee's responsibilities involve safeguarding, monitoring and allocating funds competently.
59. Trustees aim to balance risk and return in their investments to maintain purchasing power over time.
60. The trustee promised to manage the funds for the beneficiaries' benefit, not for personal gain.