The Trust is managed by a board of 14 directors. The directors are comprised of a cross section of political and civil society within the city. Three directors are close relatives of those killed. Another director lost a member of their immediate family during the civil rights period.

Other directors include a Sinn Féin MLA and a local SDLP councillor. Former directors included the late Raymond McClean, the first Mayor of Derry since the old Unionist dominated corporation was abolished in 1969. Other former directors were Jane Winter of British-Irish Rights Watch; community entrepreneur Conal McFeely, author and campaigner, Don Mullan; Bloody Sunday Inquiry solicitors Patricia Coyle, Paddy MacDermott and Peter Madden, and award winning journalist and political activist, Eamonn McCann.

In the twenty years since its inception, four individuals have chaired the Bloody Sunday Trust. The inaugural chair of the Trust was human rights activist Robin Percival, who also helped establish the Pat Finucane Centre for Human Rights, then award-winning journalist and activist, Eamonn McCann, community entrepreneur Conal McFeely and award-winning author Julieann Campbell, niece of Bloody Sunday victim Jackie Duddy. Today, Robin Percival is once again chair of the organisation. 

The late Bishop Edward Daly was a long-serving patron of the Trust. Today, the critically-acclaimed writer and producer Jimmy McGovern is patron.

Other patrons are the Rev Terence McCaughey, a Presbyterian minister from Dublin, and Kerry Kennedy, President of Robert F Kennedy Human Rights from the USA. 

The Trust employs five people, four of whom are Bloody Sunday family members.