St. Francis High School College Preparatory is part of the teaching mission of the Roman Catholic Church. As a Catholic educational institution, it operates in the Diocese of Joliet with permission of the Bishop. St. Francis High School was incorporated in 1957 as a private, not-for-profit corporation. The Board of Directors is a governing board acting according to the Articles of Incorporation, the Bylaws of the Corporation, and the legal statutes related to the General Not-for-Profit Act of the State of Illinois.
The current Bylaws were formally enacted on November 13, 2006. The responsibilities of the Board shall include:
• Supporting the Mission of St. Francis High School
• Policy Formation and Enactment
• Fiscal Supervision
• Evaluating St. Francis High School's Major Programs
• Strategic Planning
• Hiring, Retaining and Assessing the President of St. Francis High School