Governance

The founding partners have sought to establish a governance framework that benefits from successful models of other non-profit, community-funded projects. It has two parts:

Finances

The budget of HathiTrust is currently a separately maintained budget, held within the University of Michigan budget system and managed by the Executive Management group. Some additional financial components of the operation are represented by commitments in kind by participating members. The University Library’s financial procedures are subject to audits by the University of Michigan Office of University Audits.

Succession Plan

The Repository Administrators have funded HathiTrust for an initial five-year period beginning January 2008, with a planned process of review and renewal. A review of the model used for funding and management of HathiTrust is scheduled for the third of every five-year period. This process of review provides HathiTrust an opportunity to develop appropriate plans (e.g., succession) if necessary.

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