Board of Governors
The primary role of the Lower Canada College Board of Governors is to establish the school’s overall strategy and policy objectives, to review and respond to the school’s plans to achieve these objectives, and to periodically review and assess the school’s performance with respect to achieving these objectives.
The Board of Governors meets on a monthly basis throughout the school year and as otherwise required. Members, who are appointed by the Corporation, serve up to two 3-year terms and participate on standing committees.
Foundation
The Lower Canada College Foundation was established in 1992 to oversee the school’s endowment funds. In addition, the Foundation evaluates requests from the school for funds for student financial assistance and assists the school with its fundraising, including planned giving and the efforts of U.S. Friends of Lower Canada College, Inc.
Corporation
LCC’s Corporation was established in 1935 when Dr. Fosbery, the school’s founder and first headmaster, endowed the school to its alumni upon his retirement. From this gesture, the Corporation was born, and as such the Corporation “owns” the school.
Today, LCC’s Corporation has some 200 members. Although there are no set criteria for membership—other than being among the alumni—traditionally, one must have served the school in some capacity. The Chair of Corporation must be a Board member, and is traditionally the Board Chair.
The Annual General Meeting of the Corporation takes place in the fall to receive and adopt the financial statements of the school and the Headmaster’s Annual Report.