Trustees are responsible for the same three core governance functions performed by the governing body of a school:
Ensuring clarity of vision and setting the strategic direction of the Trust
Holding the Trust CEO and school headteachers to account for educational and staff performance
Ensuring financial probity and value for money
As charity trustees, they must also ensure that they are complying with charity law requirements. Academy trusts are charitable companies and the trustees are company directors and must comply with company law requirements.