The Board of Trustees
The Board of Trustees is responsible for commenting on the annual scientific activities report, the annual business report and the annual financial report and afterwards to absolve the Board of Directors. Pending the approval of the Ministries of Culture and Finance, the Board of Trustees is responsible for setting the budget. It also votes on amendments to the bylaws and sets the agenda.
Members of the Board of Trustees are appointed by the Ministry of Education, Science and Continued Education. Since 2015, the President of Trier University has been acting as the Chairman of the Board. Since 2018, the following persons compose the Board of Trustees:
Advisory Board
The Advisory Board confers on issues concerning endowments, especially the planning of more extensive research projects and the direction of research in general. The directors inform the Advisory Board, according to the bylaws of the endowment, of their decisions. The Advisory Board counsels the directors and adjudicates differences of opinion between them as well as assisting in their appointment. Since 2018 the Advisory Board consists of the following professors from Trier University:
The Board of Directors
The Board of Directors consists of Prof. Dr. Dres. h.c. Monika Schlachter as representative for legal studies and Prof. Dr. Laszlo Goerke as representative of economic studies. Prof. Goerke is the current executive.