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The responsibilities and requirements for action by a board of trustees depends upon the organization for which the members serve.

For example, WiseGeek reports:

"In non-profit organizations, the Board of Trustees often provides a means for members or associates of the organization to elect or appoint individuals that will oversee the function of the organization, ensuring that the core values and purposes of the organization are reflected in the operation process."

In some arts organizations, becoming a member of the board means donating rather large sums of money. In these cases, serving as a board member is primarily a social function that can bring prestige to a person's C.V. You can find this in some symphony and Opera situations. In addition, members are expected to influence others to donate money and attend performances.

Usually in a for-profit corporation, the equivalent board is called a board of directors. Often, the goal of the directors in this case is roughly equivalent of the goals stated for the non-profit organization, above.

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