A Board of Directors of not less than 15 members, four of which are ex-officio (College President, Dean of Administrative Services, President of Faculty Association and President of Student Senate), oversees Foundation activities and sets policy.
Members of the Board are elected for three-year terms; officers are elected for one-year terms. Members serve on committees, which meet between regularly scheduled meetings. Committees include: Alumni, Business and Industry, Capital Outlay and Scholarship. The Foundation is audited annually and tax returns are filed with the Internal Revenue Service and the Secretary of State of Kansas. The Foundation publishes an annual report, which is available upon request.