Yale's charter provides that its governing body, known legally as "the President and Fellows of Yale College"--or more commonly, as "the Corporation"--shall have the government, care and management of the College . . . and make such reasonable laws . . . as they think fit and proper for the instruction and education of the students." The Corporation is the final authority in the governance of the University. Although it is not involved in most of the day-to-day details of University operation, the Corporation must approve all major changes in educational, institutional, or financial policy. The officers of the University are appointed by the Corporation. The Corporation is made up of 19 individuals called Fellows. There are three members ex-officii: the President of the University, and the Governor and Lt. Governor of Connecticut; ten "Successors to the Original Trustees," who elect their own successors; and six alumni Fellows, elected by and from the Yale alumni body.
From the description of Yale University Corporation Records, ca. 1714-2006 (inclusive). (Unknown). WorldCat record id: 702168100
