Established in 2014, the School and Institutional Trust Funds Office (SITFO) operates as an independent state agency with a fiduciary duty to manage and invest the permanent funds derived from Utah's trust lands. These funds, totaling over $3 billion, benefit Utah's public schools and 11 other institutional beneficiaries. SITFO's mission is to prudently and professionally invest the endowments to generate returns that provide a meaningful and growing source of revenue for its beneficiaries, while preserving the purchasing power of the funds for future generations.

Founded in

United States