Regulations on the Board of Trustees of St Petersburg State University

The Board of Trustees of the Federal State Budgetary Educational Institution of Higher Education ‘Saint Petersburg State University’ (hereinafter referred to as the Board of Trustees) performs its activities in accordance with part 4 of Article 26 of Federal Law No 273-FZ ‘On Education in the Russian Federation’ dated 29 December 2012, the Charter of the Federal State Budgetary Educational Institution of Higher Education ‘Saint Petersburg State University’ (hereinafter referred to as the University) and these Regulations and is one of the institutions of the University established for the purpose of facilitating current and future tasks for the development of the University and attracting additional financial resources to support its activities.

Invitations to join the Board of Trustees shall be sent by the Rector of the University. The Board of Trustees, including the Chairman of the Board of Trustees and its members, shall be elected by the Academic Council of the University and approved by the Rector of the University. The Board of Trustees shall be formed for an indefinite term. A member of the Board of Trustees shall have the right to resign from the Board of Trustees by submitting a written statement of resignation to the Chairman of the Board of Trustees and the Rector of the University. A member of the Board of Trustees is deemed to have resigned from the Board of Trustees upon the expiry of thirty (30) days after sending the resignation notice to the specified persons.

The main goals and tasks of the Board of Trustees are:

formulate strategy and implement the University's strategic plan;
promote cooperation between the University and governmental, social and business institutions;
promote international cooperation of the University in academic, research, technical, and cultural spheres;
assist in raising funds from extrabudgetary sources;
assist in the formation of an endowment, in accordance with the legislation of the Russian Federation, the funds of which shall be used for the development of the University;
contribute to the development of the system of external and internal audits of the University;
conduct assessment of the University in terms of the effectiveness of its academic, research and innovation activities.

The Board of Trustees shall conduct its activities in accordance with the principles of voluntary membership, equal rights of the members and transparency.

The members of the Board of Trustees shall not receive any remuneration for their participation in the work of the Board of Trustees. The members of the Board of Trustees shall cover the costs of their participation in the work of the Board of Trustees themselves.

The Board of Trustees is headed by the Chairman of the Board of Trustees.

The Board of Trustees may appoint Vice-Chairmen of the Board of Trustees and the Secretary of the Board of Trustees, specifying their functions and powers, upon approval of the Board of Trustees.

A meeting of the Board of Trustees shall be quorate if more than half of the members of the Board of Trustees are present. Meetings of the Board of Trustees may be held in the form of joint attendance as well as by videoconference, conference call or by correspondence.

Decisions of the Board of Trustees shall be taken by a majority vote of participating members of the Board of Trustees. In the event of a tied vote, the Chairman of the Board of Trustees shall have the casting vote.

The Chairman of the Board of Trustees or, in his/her absence, the Vice-Chairman or one of the members upon the approval of the Board of Trustees shall preside at the meeting of the Board of Trustees.

Notice of a meeting of the Board of Trustees shall be sent to the members of the Board no later than seven (7) days before the date of the meeting. Notification shall be made in written form.

The Board of Trustees shall meet at least once a year. Extraordinary meetings may be convened by the Chairman on his/her own initiative or at the request of at least three members of the Board of Trustees.

The decisions of the Board of Trustees shall be formalised in the minutes that shall be signed by the Rector of the University or the person acting in his/her capacity. The minutes shall be circulated to all members of the Board of Trustees.

The Board of Trustees may set up working bodies (committees, working groups, etc.) from among the members of the Board of Trustees and other persons to address specific issues.

The Board of Trustees shall annually hold a hearing with the Rector of the University on the main issues of the University's activities.

The organisational and logistical support for the activities of the Board of Trustees shall be provided by the University.

The Board of Trustees may not interfere with the operational and administrative activities of the governing bodies of the University.