Established by the Texas Legislature in 2021 to manage a fund originally created in 1854, the Texas Permanent School Fund (PSF) Corporation acts as a fiduciary, prudently investing the Fund's assets to generate revenue for the benefit of Texas public schools. The corporation manages a multi-billion dollar, diversified global investment portfolio with the mission of providing sustainable, long-term returns to support the educational needs of Texas schoolchildren for generations to come. It operates under the oversight of a board of directors and the Texas State Board of Education.

Founded in

United States