Waring Board and Governance
The governance of the Waring School follows a standard corporate model used by non-profit corporations. This model provides for two bodies: the Board of Trustees and the Corporation.
The Board of Trustees is responsible for the governance of the School in accordance with governance functions defined by the School’s Bylaws and by Chapter 180 of the Massachusetts Statutes (non-profit corporations). The management of the School, in distinction to the School’s governance, is the responsibility of the Headmaster, who is appointed by the Board of Trustees. The functions of the Board include the establishment and maintenance of the Waring mission, long-range planning, the recruitment, retention, and oversight of the Headmaster, the establishment and monitoring of governance policy, and promotion of the financial integrity of the School, including fiduciary responsibility for the School’s financial operations, multi-year financial planning, approval of the annual budget, investment oversight, fund-raising, and capital development.
The Corporation consists of the Trustees and the Overseers, who are selected from among individuals who have an interest in the Waring School, including alumni, parents of alumni, parents of current students, and friends of the School. The Corporation is responsible for those functions defined in the Waring Bylaws and in applicable Massachusetts statutes. The most important of these responsibilities are the annual election of Trustees and Overseers to staggered three-year terms and the approval of changes in the Bylaws or articles of incorporation of the School. According to the Bylaws, the annual meeting of the Corporation occurs in October.
Waring Board of Trustees Principles of Governance click here >
To read Headmaster Peter Smick's resignation letter click here >
To read Board Chair Geoff Hunt's letter on Peter Smick's resignation click here >
click here > to read about important transitions in Board leadership. |