Organization
OSF is a non-profit corporation managed under US and Oregon law by a 32-member Board of Directors nominated and elected for eight-year terms. OSF is supported in part by corporate and individual donors through annual non-voting memberships at various levels, planned giving, or direct support of specific plays. In 2006, the endowment had a net worth in excess of US$30 million that returns about US$1.2 million to support the operating budget of about US$24 million per year. It is managed by seven trustees who are selected for five-year terms by the Board of Directors.
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Famous quotes containing the word organization:
“Science, unguided by a higher abstract principle, freely hands over its secrets to a vastly developed and commercially inspired technology, and the latter, even less restrained by a supreme culture saving principle, with the means of science creates all the instruments of power demanded from it by the organization of Might.”
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