The University of Utah is one of 12 beneficiaries of Utah’s trust lands. Trust Lands generates revenue from the acres of land held in trust for the University, and deposits the revenue into a Permanent Fund. Annual distributions come from earnings generated by the investment of the Permanent Fund and are sent to the University.

The University of Utah uses its funds to help meet its mission: “We serve the people of Utah and the world through the discovery, creation and application of knowledge; through the dissemination of knowledge by teaching, publication, artistic presentation and technology transfer; and through community engagement. As a preeminent research and teaching university with national and global reach, the University cultivates an academic environment in which the highest standards of intellectual integrity and scholarship are practiced. Students at the University learn from and collaborate with faculty who are at the forefront of their disciplines. The University faculty and staff are committed to helping students excel. We zealously preserve academic freedom, promote diversity and equal opportunity, and respect individual beliefs. We advance rigorous interdisciplinary inquiry, international involvement, and social responsibility.”