In independent colleges and universities, the committee on trustees is most important to the institution's long-term effectiveness. The charge to this committee should include the following responsibilities: helping the board determine desired board composition; populating the board with able, dedicated trustees and maintaining a candidate list; overseeing the orientation and development of new board members; reviewing performance of incumbent trustees and overseeing periodic board self-evaluations; and nominating and reviewing board officers' performance annually. It should also recognize exceptional trustee service. The committee should have seven to nine carefully selected members who represent the business and financial communities, and the chair should be a respected, dedicated, and thoughtful board member. Committee agendas and any necessary background materials should be developed by staff in close consultation with the president and committee chair, and distributed in advance of each meeting. The agenda should routinely include: a summary update by president or chair; discussion of short- and long-term board needs; review of current prospects; and discussion of the strategy for filling immediate needs. A special committee meeting including a performance review of the previous year should be scheduled at least once a year. A sample board profile worksheet for assessing board membership characteristics is included. (MSE)