MSRI is a non-profit organization governed by a Board of Trustees consisting of up to 35 elected members and seven ex-officio members: the Director of the Institute, the Deputy Director, the Chair of the Committee of Academic Sponsors, the co-Chairs of the Human Resources Advisory Committee and the co-Chairs of the Scientific Advisory Committee. The Board elects its members; candidates are nominated by the Committee of Academic Sponsors and the Board itself and serve four-year terms. The Board has a Chair, Vice-Chair, Secretary, and Treasurer, each serving three-year terms, as well as a Steering Committee made up of the Chair, Vice-Chair, Secretary, Treasurer, Chair of the Committee of Academic Sponsors, Chair of the Scientific Advisory Committee, and the Director and Deputy Director of the Institute. The Board also has a Finance Committee, chaired by the Treasurer. The Board normally meets once a year, and its Steering Committee and Finance Committee usually meet twice a year. The Board of Trustees forms other committees as occasion demands. The current ten committees include: Audit, Corporate Partners, Development, Education, Finance, Investment, Public Understanding, Steering, Trustees, and Women in Mathematics.
MSRI's research programs are governed by the Scientific Advisory Committee (SAC). The SAC meets twice a year in person, a total of three full days, and once a year via telephone. Its ten regular members serve four-year terms and are elected by the Board of Trustees. The Director, Deputy Director, and Associate Director are ex officio members. The SAC selects and plans the Institute's programs and works with the organizers of these programs on selection of key participants.
The Human Resources Advisory Committee (HRAC) augments the SAC's care for human resources issues. Its ten members help recruit participants from under-represented groups and develop new MSRI activities to promote these groups' involvement in the mathematical sciences. In addition, it advises on selection of special programs aimed at under-represented groups (such as the Blackwell-Tapia Prize and Conference) and aids MSRI in the evaluation of its programs and diversity efforts. The Board of Trustees elects the HRAC members. The Director, Deputy Director, and Associate Director serve as ex officio members. Annually, the HRAC meets once in person and once by telephone.
Over 85 universities form the Committee of Academic Sponsors (CAS). These include most of the top research universities in the United States. Academic Sponsors with graduate programs that consist of 25 PhD students or more pay $$4,120 per year (2010-11) and have the right to send up to three students each summer to one of our two-week Summer Graduate Workshops (SGWs); Sponsoring departments without a PhD program pay dues that are set at a quarter of the full Academic Sponsorship dues ($1,030), while annual dues for Sponsors with graduate programs of fewer than 25 PhD students are set at half of the full Academic Sponsor dues ($2,060) and one graduate student per summer may be sent to a SGW. In 2009, MSRI sponsored six Summer Graduate Workshops that served 194 students. In addition, MSRI supports visits of MSRI members to these institutions and offers them a free subscription to the MSRI Book Series. MSRI invites a representative from each Academic Sponsor to a yearly meeting to discuss issues of importance to the institution and the Sponsors, to hear reports on developments in mathematics, and to participate in MSRI governance.