Shree Gokarnanatheshwara College is governed and managed by a charitable trust – Shree Venkatesha Shiva Bhakthi Yoga Sangha, Karnataka Societies Act. The governing body  believes in transforming the downtrodden section of the society into strong and self reliant cittizens through the bond of unity and the universal message of Brahma Shree Narayana Guru 'Educate to be free organize to be strong'.
Since inception the Sangha is organizing free medical camp every Sunday under the leadership of eminent doctors and distributes medicines to the tune of Rs.75000/- annually.
Inorder to make education accessible to the poor the Sangha undertakes the distribution of scholarships amounting to Rs. 4-5 lakhs.
College governing council: includes;
1. Sri M. Seetharam - President
2. Sri S. Jayavikram - Correspondent
3. Sri M. Shekhar Poojary- Vice President
4. Sri M. Jagannath - Member
5. Sri B.P. Harish Kumar- Member
6. Dr. B.G. Suvarna- Member
7. Sri Vasanth Karandoor - Member
8. Sri Arun Kumar- Member
9. Sri B. Praveen Kumar- Member
10. Sri B. Devadas - Member
11. Dr. Renuka K., M.Com Ph.D. - Principal
12. Dr. Sujaya Suvarna, M.A Ph.D. - Staff Representative
13. Mr. Lokanath Poojary,M.A, M.Lib, M.Phil. - Staff Representative
