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.
| To be named | ChairEx Officio Director | KSU Provost andSenior Vice President |
| Melvin Kejr | Vice ChairElected External Director | Geoprobe SystemsSalina, Kansas |
| R.W. Trewyn | SecretaryEx Officio Director | KSURF PresidentKSU Vice President for Research |
| Bruce A. Shubert | TreasurerEx Officio Director | KSU Vice President for Administration and Finance |
| Bruce W. Ferguson | Elected External Director | Edenspace Systems CorporationManhattan, Kansas |
| Ronald L. Iman | Appointed Director | Southwest Technology ConsultantsAlbuquerque, New Mexico |
| Ryszard Jankowiak | Elected Internal Director (Faculty Representative) | KSU Professor of Chemistry |
| Byron Jones | Ex Officio Director | KSU Engineering Experiment Station Director |
| Michael R. Kanost | Elected Internal Director(Department Head) | KSU University Distinguished Professor, Head of Biochemistry |
| Dan Lykins | Appointed Director | Kansas State Board of RegentsTopeka, Kansas |
| Dirk Maier | Elected Internal Director (Faculty Representative) | KSU Professor, Head of Grain Science and Industry |
| Ernie Minton | Ex Officio Director | KSU Agricultural Experiment Station Associate Director |
| Virginia Moxley | Elected Internal Director (Dean) | KSU College of Human Ecology |
| Lionel L. Reilly | Elected External Director | Retired from Professional Veterinary Products, Ltd. Omaha, Nebraska |
| Bonnie R. Rush | Elected Internal Director(Faculty Representative) | KSU Professor, Head of Clinical Sciences |
| James L. Spigarelli | Elected External Director | Midwest Research InstituteKansas City, Missouri |
| Cheryl G. Strecker | Ex Officio Director | KSU University Attorney |
| 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.
| To be named, ChairEx Officio Director | KSU Provost and Senior Vice President |
| Melvin Kejr, Vice ChairElected External Director | Geoprobe SystemsSalina, Kansas |
| Bruce A. Shubert, TreasurerEx Officio Director | KSU Vice President for Administration and Finance |
| R.W. Trewyn, SecretaryEx Officio Director | KSURF President, KSU Vice President for Research |
| Michael R. KanostElected Internal Director(Faculty Representative) | KSU Professor, Head of Biochemistry |
| Virginia MoxleyElected Internal Director (Dean) | KSU Dean of Human Ecology |
| Lionel L. ReillyElected External Director | Retired from Professional Veterinary Products, Ltd.
Omaha, Nebraska |

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.
| Bruce A. Shubert, Chair | KSU Vice President for Administration and Finance |
| John R. GrahamNon-board member | KSU Professor of Finance and Executive in Residence |
| Dirk Maier | KSU Professor, Head of Grain Science & Industry |
| Bonnie R. Rush | KSU Professor, Head of Clinical Sciences |
| R.W. Trewyn | KSURF President, KSU Vice President for Research |
| Lucy L. Williams | The Trust Company of Manhattan Manhattan, Kansas |