Lincoln Memorial University is a private, non-profit institution controlled by a self-perpetuating Board of Trustees. Board members are elected on the basis of commitment to the programs and purposes of Lincoln Memorial University. Board members receive no remuneration but work on behalf of the University. The Board establishes the broad guidelines of philosophy and institutional purpose and names the President to carry out their guidelines.
| Autry O.V. (Pete) DeBusk, Chairman Brian C. DeBusk, First Vice-Chairman Gary J. Burchett, Second Vice-Chairman Sam A. Mars, III, Secretary | |
| Gary J. Burchett | Harrogate, TN |
| Jerome (Jerry) E. Burnette | Knoxville, TN |
| Autry O.V. (Pete) DeBusk | Knoxville, TN |
| Brian C. DeBusk | Knoxville, TN |
| Nicole L. DeBusk | Knoxville, TN |
| Frederick S. Fields | San Francisco, CA |
| Robert W. Finley, Sr. | Lockport, IL |
| Richard A. Gillespie | Knoxville, TN |
| Charles W. Holland | Knoxville, TN |
| Terry L. Lee | Harrogate, TN |
| Sam A. Mars, III | Harrogate, TN |
| Timothy B. Matthews | Knoxville, TN |
| Alan C. Neely | New Tazewell, TN |
| Dorothy G. Neely | Tazewell, TN |
| (Joseph) Mark Padgett | Sarasota, FL |
| Noah Patton | Tazewell, TN |
| Todd E. Pillion | Abingdon, VA |
| Kenneth O. Rankin | Dublin, OH |
| Carroll E. Rose | Tazewell, TN |
| James Jay Shoffner | Middlesboro, KY |
| Joseph F. Smiddy | Church Hill, TN |
| E. Steven (Steve) Ward | Knoxville, TN |
| Michele Wilson-Jones | Stearns, KY |
| Jerry W. Zillion | Germantown, MD |
| Judy Hounshell* | Rose Hill, VA |
| *Alumni Representative | |