Yes. The board of directors meets three times a year and is responsible for the orientation, the adoption of the budget, the adoption of regulations. Projects over $60,000 have to be approved by the board. There is an executive committee that meets in between the board meetings. The board has an audit committee. The board has a committee to select the John Humphrey Freedom Award and to review the performance of the president.
On October 29th, 2009. See this statement in context.