Guidelines that include policies, goals, and procedures for the governance of small colleges are presented. The following guidelines suggest how different elements of an institution's governance system might be expected to operate: (1) as a corporate body, a board of trustee has at least four responsibilities; (2) individual members of a board have a number of duties; (3) board membership should be limited to a specified time period; (4) membership on the board of trustees should be balanced with respect to the various college constituencies and the needs of the college; (5) the individual and collective performance of the board of trustees should be evaluated by a trustee committee on an annual basis by a third party at least once every 5 years; (6) a member of the board should not serve as chair of the board for more than 6 consecutive years; (7) the number of ex-officio board members should be kept to a minimum; (8) a person should not serve as chair of the board until serving at least one term as a board member; (9) no trustee should be able to obligate the institution to any contract or financial agreement without the formal approval of the executive committee of the board of trustees; and (10) the president should be the primary contact of the board. (SW)