The responsibility of the Board is to establish school philosophy and the policy through which that philosophy will be expressed in the school's educational programs.
The Colorado Academy Board of Trustees consists of at least 16 members, and no more than 24 members. It meets approximately five times each year. Trustees hold office for a term of three years and may serve up to two consecutive three-year terms.
The work of the Board is accomplished through standing committees: Executive, Buildings and Grounds, Committee on Trustees, Development, Finance, and Endowment Advisory. Participation in the Board's committee work involves not only Board members but occasionally at-large members of the community and members of the school's administration. The Head of School and the Chair of the Board of Trustees are ex-officio members of all committees.