
Webinar On Demand
Results From the 2020 NACUBO-TIAA Study of Endowments
May 20, 2021 - Watch this Webinar On Demand. The NACUBO-TIAA Study of Endowments provides the most comprehensive analysis of endowment investment returns, asset allocations, and governance policies and practices...
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Trusteeship Article
Rethinking Internal Audit
The higher education landscape continues to experience change at an accelerated rate. To remain relevant, competitive, and financially sustainable, leaders at Minnesota State Colleges and Universities (Minnesota State)—the nation’s third largest system of colleges and universities—recognized a need for the …
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Trusteeship Article
Legal Standpoint: Risk Management and The Law
Risk management and compliance are two of the core operational functions of colleges and universities that intersect the most with the law. Even more so than compliance, which at some institutions is part of or reports to the legal department, risk …
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Trusteeship Article
Legal Standpoint: Compliance Policies and the Law
In addition to support for the institutional mission, commitment to academic excellence, good governance, financial stability, student well-being, and attention to risk management, compliance is one of the fundamental fiduciary responsibilities of board members and senior leadership. As with other …
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AGB Board Statements
AGB Board of Directors’ Statement on the Fiduciary Duties of Governing Board Members
This statement is part of the Board Chair Toolkit, which includes a host of resources that enable board chairs to understand essential responsibilities for board leadership and establish an inclusive board culture.
Saturday, August 1, 2015
The below is excerpted from the preface; …
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Trusteeship Article
Who Audits the Auditor? Assessing the Quality of the Internal Audit Function
Internal audit departments can be major contributors to the effectiveness of governance, risk management, and internal control processes, but they need to focus on the areas of highest risk, perform their services effectively, and clearly communicate the results of their …
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AGB Board Statements
AGB Statement on Board Accountability
The below is excerpted from the introduction; download the full statement.
Although the precise point at which a college or university governing board may justifiably
be called “accountable” is elusive, the issue of board accountability warrants attention. Certain
elements of board accountability—observing the …
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Trusteeship Article
Legal Standpoint: Managing Compliance
Government regulation reaches deep into every sector of the economy, and colleges and universities are no exception, as the cover story in this Trusteeship makes clear. Higher education has been described by Federal Court of Appeals Judge Richard Posner, a …
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Trusteeship Article
Datafile: The Big Risk in Not Assessing Risk
Asking the right questions is an important part of fulfilling a board’s fiduciary responsibilities, and boards need to get in the habit of asking those questions about risk. Whether it’s establishing a relationship with a university in another country for …
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