generated for beneficiaries since 1996
Land parcels with surface ownership held by TLA, regardless of mineral ownership beneath the surface.
of revenue generated per employee
(FY25)
mineral only estate acres
The permanent funds will distribute over $118 million to beneficiaries in FY2025. This includes $111 million to K-12 students and $6.7 million to other public institutional beneficiaries.
The Utah State Legislature created the School & Institutional Trust Funds Office (SITFO) as an independent agency within the state government. It manages the trust’s permanent funds for their respective beneficiaries and has become the gold standard for trust land fund investments across the nation.
An experienced Board of Trustees has oversight as SITFO staff makes investment decisions. This allows the office to be efficient and stay aligned with its principals.
SITFO seeks to maintain the trust fund in perpetuity, while also sustaining and growing the yearly distributions to beneficiaries. Since they will be around indefinitely, SITFO can take risks that ultimately facilitate meeting long-term investment objectives.
SITFO objectively considers investment opportunities based on research and portfolio theory. It selects investments based on expected outcomes in an overall portfolio context. The risk/return potential of each investment is carefully evaluated, and this analysis drives decision-making.