Luckily for the Carnegie Corporation, Andrew Carnergie recognised that "conditions upon [earth] inevitably change" and did not wish to tie future trustees down to certain policies or causes.
Tim Grandage, managing trustee, Future Hope, Kolkata, India Tim founded Future Hope, a charity that works with vulnerable children in Kolkata's streets and slums, in 1987.
The 1839 act authorized any of the five appointed trustees of Romney Academy to fill vacancies on the board "occasioned by death, resignation, removal, or legal disability" thereby preventing future prolonged vacant trustee seats.
The fund's trustees (known as "fiduciaries" in America) are then responsible for managing assets prudently, and they will have to do so better in future.But trustees are hampered if a company runs a big deficit.
He is now an unpaid adviser to educational charity Future First and a trustee of the Teacher Development Trust.
"I don't think they're going to be willy-nilly selling anything in the future," said David Burleson, a trustee at the historical society.
Control effects are related to the trustor's opportunities for sanctioning a trustee in future interactions.
Trust is closely related to risk, which is derived from the uncertainty of the trustor regarding the motives, intentions and future actions of the trustee [ 14].
MARY LOUISE HARTMAN Bonita Springs, Fla., March 6, 2013 The writer is a member of the board of trustees of Future Church, an international group working for changes in the church.
Even Social Security and Medicare may not be available for future generations, say its Trustees.
