The governing body of Loreto College Coorparoo is Loreto Coorparoo Limited. This body is one of a number in the Loreto Schools Australia network which sit under the umbrella of Loreto Ministries Limited.

Members of the College Board have expertise in Education, Finance, Law, Property, Construction, Market Research and Project Management and are appointed because of their expertise and their strong alignment with the values expressed in the Loreto Schools Australia Mission Statement for Schools. The Board is involved in long-term planning and financial management and is charged with maintaining the ethos of the Mary Ward and the IBVM tradition.

The day-to-day running of the school is delegated to the Principal to whom the Board of Directors gives support and direction.