The Open Source Initiative is overseen and managed by a ten-person Board of Directors. The current Board comprises the following individuals (in alphabetical order):
| Name | Roles/Offices | First Elected | Current Term Start Date | Current Term End Date |
| Cooper, Danese | Treasurer, Director | December 2001 | April 1, 2008 | March 31, 2011 |
| Gune, Harshad | Director | April 2008 | April 1, 2008 | March 31, 2011 |
| Kon, Fabio | Director | April 2010 | April 1, 2010 | March 31, 2011 |
| Michlmayr, Martin | Director | April 2008 | April 1, 2008 | March 31, 2011 |
| Nelson, Russell | License Approval Chair, Director | August 1998 | April 1, 2008 | March 31, 2011 |
| Oliver, Andrew C. | Assistant Treasurer, Director | April 2009 | April 1, 2009 | March 31, 2012 |
| Phipps, Simon | Director | April 2010 | April 1, 2010 | March 31, 2011 |
| Sharma, Alolita | Secretary, Director | April 2007 | April 1, 2010 | March 31, 2013 |
| Tiemann, Michael | President, Fundraising Chair, Director | January 2001 | April 1, 2009 | March 31, 2012 |
| Wasserman, Tony | Director | April 2010 | April 1, 2010 | March 31, 2011 |
The Board is advised by observers and counsel. All of these read and may contribute to the Board's email discussions.
| Name | Role | Appointed | Affiliation |
|---|---|---|---|
| Coar, Ken | Board Observer | April 2010 | Apache |
| Nwakanma, Nnenna | Board Observer | April 2010 | FOSSFA |
| Radcliffe, Mark | General Counsel | March 2005 | DLA Piper |
| Raymond, Eric | President Emeritus | March 2005 | Thyrsus Enterprises |