University of Nebraska Foundation Trustee … a privilege and a responsibility
The Role of a Trustee
Since its founding in 1936, the University of Nebraska Foundation has grown into one of the largest and most successful foundations representing a public university in the U.S. The total assets of the foundation exceed $2 billion and the main endowment exceeds $1 billion. This level of success reflects the quality and generosity of the foundation’s volunteer leadership, trustees and the many friends who support the university.
Trustees play an important role in promoting the University of Nebraska. Those elected as trustees have a strong interest in higher education, integrity, a reputation within their communities and a dedication to the University of Nebraska.
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.
The University of Nebraska Foundation bylaws prescribe a membership of no fewer than 100 or more than 1,200 active members known as trustees. These individuals meet annually to elect new trustees and the board of directors from its membership. The work of the board of directors is not merely advisory in nature; it includes vital governance and policy decisions that determine the course of the foundation. The foundation board of directors meets three times a year, and trustees may be appointed to serve on board committees or subcommittees to assist in the oversight of the foundation. The board's standing committees are: audit, executive, finance, governance, investment and trustee management.
Our Vision: To be recognized as the trusted partner of those wishing to support the University of Nebraska.
Our Mission: The University of Nebraska Foundation grows relationships and resources that enable the University of Nebraska to change lives and save lives.
Trustee Expectations and Opportunities
Through the dedicated efforts and generosity of its trustees, the foundation is committed to providing a measure of excellence at the University of Nebraska not possible with public funding alone. 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.
To be recommended as a trustee, individuals must have a minimum of $10,000 in cumulative giving to the University of Nebraska.
The following is an overview of the various ways trustees are asked to fulfill their role in advancing the mission of the foundation, as well as other engagement opportunities for consideration:
General Rights and Duties
- Participate in trustee orientation
- Attend the annual meeting or participate via proxy in election of 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 or attending foundation and university activities
- 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 in their wills
Making a Difference
Whether active or honorary, trustees make a critical difference in advancing the University of Nebraska. The foundation is grateful for trustees' support.