Governing boards of colleges and universities in the United States
In the United States, a board often governs institutions of higher education, including private universities, state universities and community colleges. In each US state, such boards may govern either the state university system, individual colleges and universities, or both. In general they operate as a board of directors, and they vary by formal name, size, powers, and membership. In some states, members are appointed by the governor. From a legal standpoint, many higher education institutions are corporations; they have separate legal personhood. The corporation is the legal owner of its endowment and other property. The corporation's name might consist of its governing board members' title. These board members are fiduciaries for the corporation. In some cases, the institution might not have separate legal personhood; the trustees then transact in their own name with other parties, such as students, faculty or donors. However, the trustees often utilize a common, enduring title, which enables the trust to operate continuously even as individual trustees change. In some private institutions of higher learning, non-governing boards may also be appointed. These boards' members' duties often include but are not limited to major gift cultivation and fundraising.
Membership
Governing boards of universities are of varying sizes across the United States. Smaller boards may have about ten members, while larger boards can have over 50 members. In 2016, the average public university board had 12 members, while the average private university board had 29 members. Some university governing boards are composed entirely of alumni of that university. Other boards contain various elected officials, often the state governor, as ex officio members. Members of the governing board can be selected in a variety of ways. Members of public university boards are most often selected by the state governor. Four states elect members of some university boards by popular vote. Boards of private universities can be selected either by an alumni vote, or by the existing members of the board.
The Fellows of the University of Notre Dame are a self-perpetuating body which retains the core powers of the University, and selects the members of the other governing board, the Board of Trustees.
In the State of Louisiana, the governing board of each of the four public university systems is known as the Board of Supervisors.
Missouri
The governing board of the University of Missouri System, and of each individual campus in that system, is known as the Board of Curators. This terminology is also used by another Missouri public institution, Lincoln University. However, the state's other public institutions use different terms. Five use Board of Governors, and three use Board of Regents.
Institutions in North Carolina use several different names for their boards. The University of North Carolina—which includes all 16 four-year public institutions in the state, plus a residential high school—is overseen by a board of governors. Some individual campuses within the system, such as East Carolina University, North Carolina State University, and the University of North Carolina at Chapel Hill, have boards of visitors.
Virginia
Boards governing public institutions of higher education in the state of Virginia are known as the board of visitors. This includes The College of William & Mary, University of Virginia, Virginia Tech, James Madison University, Radford University, University of Mary Washington, Longwood University, Virginia Military Institute, Virginia Commonwealth University, and George Mason University. Terminology for private institutions can vary. Regent University once used "board of visitors", but now uses "board of trustees". Washington and Lee University also uses "board of trustees".