Trustee Description

The Role of a University of Nebraska Foundation Trustee 

Since its founding in 1936, the University of Nebraska Foundation has grown into one of the largest and most successful public university foundations in the country. The total assets of the foundation exceed $3 billion, and endowed assets under management exceed $2 billion. The foundation trustees, board of directors and friends play an important role in helping the foundation grow the relationships and resources that enable the University of Nebraska to change lives and save lives. 

Trustees live across the United States and represent a wide array of disciplines. They offer invaluable leadership, professional skills, networking abilities and personal philanthropic support that contribute to the mission of the foundation. 

Those elected as trustees have a strong interest in higher education, integrity, a solid reputation within their communities and a dedication to the University of Nebraska. To be recommended as a trustee, individuals must have a minimum of $10,000 in cumulative giving to the University of Nebraska.

The University of Nebraska Foundation bylaws prescribe a membership of no fewer than 100 or more than 1,200 active trustees. These individuals meet annually and elect other trustees and the foundation’s board of directors. Trustees may be appointed to serve on board committees to assist in the oversight of the foundation. These committees include the following: 

  • Executive
  • Audit
  • Finance
  • Governance
  • Investment
  • Trustee Engagement

The foundation greatly values its trustees and hopes their advocacy and passion for the university will remain throughout their lives. Once elected, trustees serve continuously in this role. Trustees who eventually prefer a less active role may seek status as an honorary trustee.

Whether active or honorary, trustees make a critical difference in advancing the University of Nebraska. The foundation is grateful for trustees’ support.

 

The following is an overview of the trustee expectations and opportunities:

General Rights and Duties

  • Participate in the New Trustee Welcome (previously known as trustee orientation)
  • Attend the annual meeting
  • Elect trustees and members of the board of directors

Advocacy and Involvement

  • Advocate for the important role of the University of Nebraska
  • Stay informed about and promote the mission of the foundation
  • Consider volunteer service on a foundation or university board, committee or task force
  • Consider, as appropriate, hosting, partially or fully underwriting, and attending foundation and university activities

Philanthropic Leadership

  • Maintain the University of Nebraska among their top philanthropic priorities, generously supporting personal areas of interest during comprehensive and annual fundraising campaigns
  • Make an annual gift to the Trustees Fund for the Future, which provides discretionary funds for the foundation
  • Consider identifying or connecting foundation and university representatives to others who may have an interest in advancing the University of Nebraska though private support
  • Consider including the University of Nebraska Foundation in their estate plans