Trusteeship: January/February 2026

Volume 34,  Number 1   //    January/February 2026

Table of Contents

Features

Endowments: Making a Difference and Securing the Future
By Christopher Connell

New federal tax changes to endowments may impact a college or university, depending upon the endowment’s size. Trustees and institutionally related foundation board members have a responsibility to understand how endowments operate, how an endowment functions at their own institution or foundation, and how tax laws may affect some endowments.

Accelerating Change in Accreditation
By David Tobenkin

Accreditation is undergoing a transformation with new guidelines. Boards of trustees need to understand how these changes may impact their institution, especially if a new
accreditor is being considered or if an institution is undergoing an accreditation review.

Governing Closure: The Board’s Role at the End 
By Dennis Holtschneider and Nancy Blattner

Closing an institution is never an easy decision, but if must be done, boards of trustees can play an integral role in meeting the needs of all stakeholders: faculty, staff, students, and the larger community.

Organizing the Work of the Board for Student Success
By Kemal M. Atkins, Merrill Schwartz, Ayanna Samuels-Francis, and Alasia Slade

Boards of trustees can make student success a pillar of its institutional mission with thoughtful planning.

Sponsored Content

Data Capital: The Endowment for the AI Era
By Rachel Crosbie

Departments and Columns

On My Agenda
Regrounding Virginia in Nonpartisan Governance Principles
By Ross A. Mugler

News in Brief
A Sampling of National Higher Education News

Inside AGB

Legal Standpoint
The Board and the General Counsel
By Lou Guard

Focus on the Presidency
Stronger Together: Supporting Your Campus Leader During Challenging Times
By Lori S. White

Board Leadership
An Untapped Resource: Keeping Emeriti Trustees Engaged
By Charles Scott and Robert Iuliano

Forum
Bowing to the Mob Is a Dangerous Game
By John C. Cavanaugh

A Question For
How Can Foundations Develop the Next Generation of Leaders?
An interview with Greg Willems

Cover Image Credit: Daniel Garcia