Washington University in St. Louis is governed by a dedicated Board of Trustees, composed of individuals from various sectors of the St. Louis community and beyond. The Board provides strategic oversight, making important decisions regarding the university's operations, budget, and organizational structure, as well as granting diplomas and honorary degrees.
While the administration, faculty, and staff handle the day-to-day operations, the trustees play a crucial role in guiding policy, providing oversight, and making final decisions on matters such as tenure, degrees, and new programs. Student representatives are also selected to contribute to the Board's work, although they do not have voting rights. The university's endowment is managed by the Washington University Investment Management Company, overseen by the Board of Directors.
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