Statutory Authority: 22-41-102.5 C.R.S
The Public School Fund Investment Board (PSFIB) invests funds received from the State School Lands Trust and is dedicated to the support of K-12 education. The PSFIB manages the investments of these funds on behalf of the beneficiaries - the school children of Colorado.
Over ninety-five percent of public trust lands are part of the common schools trust. Earnings are used to benefit kindergarten through 12th-grade public education in the state.
In addition to the lands, the school trust includes the Public School Fund, (also known as the permanent fund) that had a balance of approximately $886 million at the end of Fiscal Year 2015-16. The Treasurer is the custodian of the fund, and the state constitution requires that it be securely and profitably invested. The corpus of the permanent fund is inviolate, and the interest is used to support K-12 education.
Members
Dave Young - Colorado State Treasurer (Board Chair)
Peter Calamari - Platte River Equity
Deborah Froeb - State Land Board Commissioner
Wendy Dominguez - Innovest Portfolio Solutions
Jerome DeHerrera, Esq. - Achieve Law Group
October 16, 2024
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