St. Vladimir's began the practice of independent certified audits of its financial records in 1963; prior to that, all budgets were reviewed and approved by the members of the pan-Orthodox Board of Trustees.
The seminary's Board of Trustees is independent, experienced, and diverse. Its membership, drawn from the various Orthodox jurisdictions that the Seminary serves, includes clergy and laity distinguished by their achievements in such fields as finance, business, media, law, medicine, and education. In addition to participating in regular meetings of the full Board, trustees express their commitment to the Seminary and its mission through service on various Board committees, thus enabling the Board to govern more effectively.
The Board of Trustees oversees the integrity of the Seminary's financial statements and emphasizes financial accountability. For many years the Seminary has hired an external auditing firm that releases public financial statements.