The Board of Directors has the power of initiative to raise funds from national and/or international sources in order to comply with the objectives of the Foundation.
The Foundation’s comptroller is in charge of a Fiscal Commission, made up of three honorary members, who are appointed (two) by UdelaR and (one) by the Municipality of Maldonado. They are appointed for two years, and may be reappointed for a further period, as long as they maintain their civil capacity. The Commission is currently composed of Luján Criado, Gustavo Morales and Bethy Molina.
The Fiscal Commission has the following powers: (I) examine the books and records of the Foundation, cash audit and the stocks of goods and values, as often as it deems advisable; (II) rule on the inventory and annual accounts approved by the Board of Directors, making the relevant observations; (III) attend the meetings of the Board of Directors when appropriate, or at the request of the Board, with voice but not vote; (IV) present comments to the Board regarding its management as well as the revised records; (V) convene and attend the meetings of the Advisory Council when appropriate or at the request of the Council, with voice but no vote; (VI) ensure that the Board of Directors complies with the Foundation bylaws, as well as the existing legal system, informing of irregularities to the organizations represented in the Board and the administrative controlling authority (Law 17.163).
The SARAS Foundation Board of Directors consists of: Néstor Mazzeo and Juan Cristina (representatives of UdelaR), Osvaldo Sala and Mariana Meerhoff (representatives of the SARAS Advisory Board), Jorge Céspedez (representative of the Municipality of Maldonado), Marisol Mallo (representative of the Ministry of Education and Culture) and Álvaro Soutullo (academic representative).