What is the legal status of UVM?
The University is a tax-exempt entity under section 501(c)(3) of the Internal Revenue Code, a nonprofit corporation registered in Vermont, and an instrumentality of the State of Vermont utilized for the purpose of providing higher education. The governing body is the Board of Trustees which, under the University Bylaws, has responsibility for the “entire management and control of the property and affairs of the University”, subject to the authority the Board delegates to the President and the faculty through its Senate. The formal name of the University is “The University of Vermont and State Agricultural College”.