Join our board

Next50 is seeking new members to join our board of trustees

Do you think it’s expensive to age in this country? If your answer is yes and you’d like to help us end ageism, advance digital equity, and expand aging in place, then we’re looking for you. 

Next50 is searching for diverse and experienced individuals to join our talented and dedicated Board of Trustees. Specifically, Next50 is looking for people who have experience working in aging, impact investing and finance, technology, or communications or have lived experience as an older adult or working with the people we serve. 

Please keep reading the Trustee description below and consider applying if you, together with Next50’s Board of Trustees, staff and partners, would like to create a world that values aging. 

Trustee Description

The Next50 Board of Trustees provides effective governance to the Foundation to ensure long-term organizational impact. Trustees serve as fiduciaries, ambassadors, and advocates in advancing Next50’s vision and mission. This is an uncompensated position with reimbursement for approved reasonable expenses.

As fiduciaries to a private, nonprofit foundation, Next50 Trustees must meet certain standards of conduct and attention in carrying out their responsibilities to the organization. These fundamental legal duties include:

  • Duty of care: The responsibility to participate actively in making decisions on behalf of Next50 and to exercise their best judgment while doing so.
  • Duty of loyalty: The responsibility to put the interests of Next50 before personal and professional interests when acting on behalf of Next50.
  • Duty of obedience: The responsibility of ensuring that Next50 complies with applicable federal, state, and local laws and adheres to its vision and mission.

In addition to these three legal duties, Next50 Trustees also emphasize long-term objectives rather than focus on administrative details; observe clear distinctions between the board and Chief Executive Officer (CEO) and staff roles; make collective rather than individual decisions; model a future-orientation rather than operating from the past or present; and govern proactively rather than reactively. Additional duties are as follows:

Trustee Role and Responsibilities

  • Understand, uphold and effectively communicate the organization’s mission, vision, values, strategic direction, and impact
  • Prepare for, attend, and participate in Next50 Board of Trustee bi-monthly meetings and in at least one Board committee
  • Actively guide and contribute to the Foundation’s strategies, investments, and grantmaking
  • Steward and provide oversight to the operational and administrative assets of the Foundation
  • Review and understand the financial statements of the organization to help the Board fulfill its fiduciary responsibility
  • Assure a strong focus on diversity, inclusiveness, and equity within the Foundation
  • Contribute expertise according to individual skills, experience and network
  • Assist in the recruitment of fellow trustees and committee members
  • Support and advise the CEO as appropriate
  • Adhere to the conflict-of-interest policy and avoid the appearance of a conflict of interest that might damage the reputation of the Board or of the organization and disclose any possible conflicts according to policy in a timely manner.
  • Uphold and ensure compliance with the bylaws of the Foundation. Ensure legal and ethical integrity of the Board and the organization, including federal and state requirements regarding non-profit entities in a transparent and accountable environment.
  • Maintain confidentiality of information discussed in regular Board meetings as well as executive sessions.  Protect proprietary information acquired as a Board member.  Support overall decisions of the board reached in accordance with defined board procedures.
  • Participate in selection, compensation and regular review of the performance of the CEO.
  • Participate as an advocate and ambassador with decision-makers, stakeholders, potential partners or others at the request of the Board Chair or the CEO.

Time Commitment: Serving as a Trustee is one of the most challenging and rewarding volunteer assignments. Trustees can expect to dedicate time each month to Next50, with an increase in intensity during the month’s board-related meetings. Trustees are expected to commit adequate hours to Board service per year and attend six board meetings and other regular committee meetings as needed.

Board Orientation: Offered to new board members after their election.

Term: Terms of service are three years, renewable for a maximum of six years. Term begins January 2025

Next Steps

If you meet the criteria above and are interested in applying for consideration for a Next50 Board of Trustee position please complete the following no later than 5:00 PM (MT) on June 30, 2024.

  • Fill out and submit the application
  • Email your Resume/CV to Next50