Εδώ - Anatolia College

44 Institutional Governance and the Trustees of Anatolia College
In short, nPo’s are hybrid educational institutions balancing state/private
concerns and meriting facilitating regulation. strict rules and regulations
need to be followed. a nPo gains favorable tax status because it is exercising
a public trust, but it can lose it for non-compliance. this social engineering
- well known and widely used - presupposes consistent tax policy,
enforcement, and education. 49
trustees
Going back to corporate structure, the directors of the corporation are
called “Trustees,” in anatolia’s case, 50 to emphasize the trust or fiduciary
overseer duty. collectively, they are the “Board.” 51 the trustees “have the
powers of general management and oversight of the Corporation and…
..exercise all the powers of the Corporation…” (By-laws art. 3.1). they
are those persons elected from time to time by the serving trustees. they
all volunteer and cannot be compensated for their services as trustees (Bylaws
arts. 3 and 7).
officers
the corporation has officers, or executives, to carry out its work.
they are headed by “The Chairperson” or “Board Chair” who has “the
general charge over the affairs of the Corporation and the development
and execution of its programs.” each of two vice-chairs can fill in.
“The President,” who is a trustee ex officio, is the chief executive officer
and reports to the Board.
the “Treasurer” and “Assistant Treasurer” are responsible for the financial
affairs of the Institution. It cannot be stressed enough that in a nPo
this office has added importance. sound finances are indispensible to public
trust, both for tax and fundraising reasons. With nPo’s, there are no governmental
bail-outs to help with run-away budgets.
finally, there is the “Clerk,” who acts as the corporate secretary (Bylaws
art. 5).