The term ‘Kuratorium’ (board of trustees) goes back to the founder of the Theresianum, Maria Theresia, and can be found in the Stiftsbrief, the school’s founding document.
The Kuratorium is the highest body in the school foundation and thus oversees the management of the foundation. At the same time, it also supports the Kurator (the chairman of the Kuratorium) in his capacity as the head of the foundation and its representative in all external matters, helping him to prepare, implement and execute decisions and rulings made by the Kuratorium. The Kuratorium is responsible for:
- Matters relating to propertyp
- proving budgets and balance sheets
- Core assets and capital
- Setting school fees
- Acknowledging the school authority’s rights
In addition, the Kuratorium issues guidelines on how to manage the educational institutions under its overall control. The foundation’s administrative body is basically composed of the accounting department (book-keeping, finances, personnel accounting) and the administrators’ secretarial department. The catering and building administration departments, as well as the two new educational institutions, the Theresianum Kindergarten (KiT) and the Theresianum Primary School (ViT), report to the administrative body. The latter is not only responsible for matters arising at the educational centre at Favoritenstraße 15, 1040 Vienna, but also administers a range of properties in Strechau (Styria) and Süßenbrunn in Vienna.