Fund-raising is one of a board's most basic and important responsibilities. Virtually all higher education institutions seek private support, and virtually all institutional leaders call upon key volunteers--including members of governing boards, public institution foundation boards, and advisory councils in many institutions--to give generously and participate actively in fund-raising initiatives. This examination of the basic trustee responsibility of fund-raising precisely defines the role trustees should play in successful fund-raising, including planning, establishing the legitimacy of a fund-raising program, ensuring an adequate budget, prospect identification, cultivation and solicitation, giving, and stewardship, among others. (Contains 11 resources.)