Board of governors
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A board of governors is usually the governing board of a public entity.
Many public services, such as universities or federal independent agencies are created as corporations owned by the government. The British Broadcasting Corporation is managed by a board of governors. In other cases, government services are provided by "independent establishments," which provide an environment mixing a corporation and a government agency. These, such as the United States Postal Service, are governed by a board of governors. A more well known example is the Federal Reserve System, which is also governed by a board of governors. In the United States, public universities may have a similar government known as a board of regents.
In New York State, the Board of Regents oversees public education, including SUNY state universities and affiliated community colleges. High school graduates may receive Regents Scholarships to defray expenses at NY universities.
Some private corporations, typically nonprofit corporations, may style their governing boards as boards of governors.
See also
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