Large Binocular Telescope Corporation

The Large Binocular Telescope Corporation, or LBTC, is the legal entity governing the Large Binocular Telescope Observatory on Mount Graham in Arizona. It is a non-profit 501(c)(3) organization incorporated in the State of Arizona and currently has three Members, made up of research institutes and universities in Italy and the United States, which together form the LBTC Collaboration. Each Member has a representative, and unanimous approval by the Member Representatives is required for matters such as the program plan, the budget, the financial contributions of the Members and the designation of the observatory director. A board of directors meets twice a year to govern the life of the corporation and the observatory.