The Kansas State University Research Foundation (KSURF) is governed by a Board of Directors that has full power to manage, direct and conduct the affairs and business of the organization. The Board consists of nineteen (19) members.
| R. W. Trewyn | ChairEx Officio Director | KSU Vice President for Research |
| Bruce W. Ferguson | Vice ChairElected External Director | Edenspace Systems CorporationManhattan, Kansas |
| James A. Guikema | SecretaryEx Officio Director | KSURF President |
| Cindy Bontrager | TreasurerEx Officio Director (President's designee) | KSU Vice President for Administration and Finance (interim) |
| Peter Dorhout | Elected Internal Director (Dean) | KSU Dean of Arts and Sciences |
| Joe E. Farrar | Elected DirectorExternal | Farrar Corporation Manhattan, Kansas |
| Bart A. Fisher | Elected External Director | Caterpillar, Inc. Roanoke, Illinois |
| Ronald L. Iman | Appointed Director (KSU Alumni Association Representative) |
Southwest Technology ConsultantsAlbuquerque, New Mexico |
| Ryszard Jankowiak | Elected Internal Director (Faculty Representative) | KSU Professor of Chemistry |
| John Kuenzi | Elected External Director | C.J. Foods, Inc. Bern, Kansas |
| Dirk Maier | Elected Internal Director (Faculty Representative) | KSU Professor, Head of Grain Science and Industry |
| April Mason | Ex Officio Director | KSU Provost and Senior Vice President |
| Ernie Minton | Ex Officio Director | KSU Agricultural Experiment Station Associate Director |
| Robba Moran | Appointed Director | Kansas Board of Regents Representative |
| Bonnie R. Rush | Elected Internal Director(Faculty Representative) | KSU Professor, Head of Clinical Sciences |
| Noel Schulz | Ex Officio Director | KSU Engineering Experiment Station Director |
| Michael D. Tokach | Elected Internal Director(Department Head) | KSU Professor, Head of Animal Sciences and Industry |
| Lucy L. Williams | Elected External Director | The Trust Company of ManhattanManhattan, Kansas |

An Executive Committee composed of the officers plus at least two additional members, whom the Board elects annually, is entitled to exercise all the powers of the Board of Directors when the Board is not in session.
| R. W. Trewyn, Chair | KSU Vice President for Research |
| Bruce W. Ferguson, Vice ChairElected External Director | Edenspace Systems CorporationManhattan, Kansas |
| Cindy Bontrager, TreasurerEx Officio Director | KSU Vice President for Administration and Finance (interim) |
| James A. Guikema, Secretary | KSURF President |
| Joe E. FarrarElected External Director | Farrar Corporation
Manhattan, Kansas |
| Ryszard JankowiakElected Internal Director(Faculty Representative) | KSU Professor of Chemistry |
| Ernie MintonElected Internal Director | KSU Agricultural Experiment Station Associate Director |

A Finance Committee composed of the Treasurer and the President plus at least three additional members, the majority of whom are members of the Board, are elected at the annual meeting. The Committee provides guidance and advice to the Executive Committee and Board regarding all financial accounts and instruments of the organization.
| Cindy Bontrager, Chair | KSU Vice President for Administration and Finance (interim) |
| James A. Guikema | KSURF President |
| John KuenziNon-board member | C.J. Foods, Inc. Bern, Kansas |
| Dirk Maier | KSU Professor, Head of Grain Science & Industry |
| Bonnie R. Rush | KSU Professor, Head of Clinical Sciences |
| Lucy L. Williams | The Trust Company of Manhattan Manhattan, Kansas |