Chairpersons of governing boards were surveyed regarding the policies and practices related to extra-income-earning activities of faculty at their institutions. The results are preliminary since more data are still being collected. A total of 176 institutions were surveyed, ranging from two-year colleges and specialized professional schools to major doctoral-granting universities, and the preliminary response rate was approximately 50 percent. Areas surveyed included: production/use of educational materials; patents and inventions; paid sabbatical leaves; continuing education/extension; conflict of interest; and internal load and overload. Across all policy areas surveyed, board knowledge, current involvement, and future involvement tended to be moderate or less, although anticipated future involvement was significantly greater than current involvement ratings. Chairpersons indicated that relatively little of their responsibility for any of these areas should be delegated to faculty, administration, or students. It is concluded that the governing boards often have legal responsibility for these policy areas and are unwilling to delegate responsibility for them, but have only limited knowledge of what policies exist at their own institutions and are not planning to become heavily involved with them. (Author/LBH)