Victoria University (Toronto, Ont.). Board of Regents fonds

Administrative History

The Board of Regents is the governing body of Victoria University. In 1836, the Royal Charter first established a Board of Trustees to manage the educational institution called Upper Canada Academy, later to become Victoria College. Under the Act of 1841, the Trustees were given power to purchase goods, property, land and buildings, etc. and receive gifts and endowments for promoting the education purposes of the institution. The Trustees along with five elected 'visitors' were called the 'Board' and had power to appoint the principal, professors, tutors and other agents as well as make changes to by-laws and regulations. The Board was required to have meetings and create minutes and annual reports. The first act of the Victoria College Board in 1841 was to appoint Egerton Ryerson as the Principal of Victoria College.
In the Victoria University Act of 1951, the Board of Regents was noted to be responsible for the management of administration of the University and consisted of 43 members to be elected or appointed. In it's current form, the Board has 37 members including students (6), faculty (8), Victoria College alumni (1), Emmanuel College alumni (2), United Church appointees (13), ex officio (4) and discretionary (3).
The Board currently has appointed nine committees to assist it with its responsibilities: Executive, Alumni Affairs and Advancement, Audit, Campus Life, Finance, Investment, Nominating Appointments & Governance, Pension, and Property.
The Board appoints the Chancellor, the President, the Principals, the other officers of the University, and appoints and promotes the teaching staff of Victoria and Emmanuel Colleges.
The Board also manages the endowment funds; receives gifts and grants; operates residential and food services; maintains the buildings; pays the staff and generally manages the affairs of the University at the policy level and is also the legal owner of all property of Victoria University and is in charge of all business aspects of its operation.
The Bursar acts as the secretary to the Board of Regents.