Governance
The Truman Scholarship is administered by the Harry S. Truman Scholarship Foundation, an independent federal executive branch agency. It is governed by a 13-member Board of Trustees headed by President Madeleine Albright, who says the foundation "serves as a gateway for America's public service leaders" and "does a remarkable job of identifying future change agents." Eight board members are appointed by the U.S. President, including a state governor, a city or county chief executive, a federal judge, a state judge, a representative of higher education, and three members of the public. The remainder of the board comprises two Senators, two Representatives, and the United States Secretary of Education (ex-officio). The Foundation's operations are overseen by full-time Executive Secretary Dr. Andrew Rich. Its endowment, which takes the form of a federal trust fund held in the U.S. Department of the Treasury, is $55 million.
Read more about this topic: Harry S. Truman Scholarship
Famous quotes containing the word governance:
“He yaf me al the bridel in myn hand,
To han the governance of hous and land,
And of his tonge and his hand also;”
—Geoffrey Chaucer (1340?–1400)