This booklet addresses issues concerning the various responsibilities of trustees on governing boards of independent colleges and universities. Introductory information notes the increasing complexity and significance of the trusteeship role and its unique context in independent institutions. The booklet distinguishes between board and individual trustee functions and raises questions that underscore good practice for each function. The following board responsibilities are addressed: (1) setting and clarifying the institution's mission and purpose; (2) appointing the chief executive; (3) supporting the president; (4) monitoring the president's performance; (5) assessing board performance; (6) insisting on strategic planning; (7) reviewing educational and public service programs; (8) participating in fund raising; (9) ensuring good management; (10) preserving institutional independence; and (11) relating campus to community and community to campus. The individual trustee's responsibilities are discussed in terms of general standards of conduct, mutual expectations of board members and chief executives, and the commitment of trusteeship. Questions to consider when invited to serve on a board of trustees are suggested. (DB)