It is governed by a Board of Trustees which sets general policy and is responsible for its activities, organisation, financial administration and fulfilment of its aims. A Board of Studies is responsible for the development of the annual course programme.
The first Board of Trustees is made up of President Emeritus Dr. Ugo Mifsud Bonnici, Mr. Lino Spiteri, who is the vice Chair, Ambassador Anthony De Bono (one of three founders of the Foundation- the other two founders are Mr Joe A Vella and Mr Mario Schiavone), who is also the Hon. Secretary, Mr. Ray Sladden on behalf of Tumas Group, and Mr Ray Bugeja ( eventually replaced by the Chairman of the Institute of Journalists Mr Malcolm Naudi and Mr. Joe A. Vella on behalf of The Institute of Maltese Journalists.
During its first meeting, the Board of Trustees appointed Mrs. Josephine Fenech, wife of the late Tumas Fenech as the patron of the Foundation. Dr Carmen Sammut as the Administrator of the Foundation who was subsequently replaced by Mr Mario Schiavone and eventually by Mr Charles Camenzuli who is the current Administrator.
Mr Carmel Bonello as the Chairman of the Board of Studies. Recent courses covered topics such as basic journalism, interviewing techniques, press photography, newsroom management, financial journalism, media and politics. The Foundation publishes a regular journal on Journalism covering the various functions undertaken by the Foundation.