Board of Trustees


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Board of Trustees

A body elected or appointed to govern a nonprofit organization. It establishes general policies for the organization, manages its finances and hires/fires major executives. A board of trustees is usually a self-perpetuating body.
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In addition, CharterMac reported that the Board of Trustees of CharterMac Equity Issuer Trust, a wholly-owned subsidiary of CharterMac, has declared a dividend of $33,125 per share and $8,875 per share on its 6 5/8% Series A Cumulative Preferred Shares and 7.
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