Permanent School Fund

Texas Permanent School Fund
Company typeSovereign wealth fund
IndustryInstitutional investor
GenrePublic lands, mineral rights, land use rights
Founded1854
FounderAct of the Texas Legislature
Headquarters
Austin, Texas
,
U.S.
Total assetsUS$48.3 billion (August 2020)[1]
OwnerTexas
WebsiteOfficial website

The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas.[2] Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 billion.[1] The fund is distinct from the Permanent University Fund, which funds most institutions in the University of Texas System and the Texas A&M University System, but no other public universities or schools in the state.

  1. ^ a b "Texas Permanent School Fund: Annual Report". Texas Education Agency. 26 January 2021. Retrieved 26 Jan 2021. Page at the cited URL contains a link to the most recent annual report in PDF format; click on "I Agree" to download.
  2. ^ "Texas Permanent School Fund". Texas Education Agency. Retrieved 13 May 2012.