A Forever Gift
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America's School Trust Library
Architectural plan view of the Counting House — a banking-hall interior with a teller counter, ledger desks behind it, and a small vault recess at the rear. Hand-drafted in oxidized navy ink on parchment.

California financial profile

2-Section Cohort (FIRST) (cohort 4) · State Land Board (ex officio)

Substrate v1.3 · Last reviewed 2026-05-01 · Read the state dossier

Permanent fund corpus

$65,700,000 Verified

As of 2025-06-30

Most recent distribution

Awaiting State Disclosure

Federal grant acreage

5,500,000 acres Verified

Transparency status

Partially disclosed

One of corpus or recent distribution is present in the substrate; the other has not yet been disclosed or extracted.

Governance form

Classification: State Land Board (ex officio)

State Lands Commission: Lieutenant Governor, State Controller, Director of Finance (statutory composition under Pub. Res. Code § 6101 et seq.)

Bar chart of California School Land Bank Fund balance through June 30, 2024, reported at approximately $65 million.
California School Land Bank Fund market value, with FY 2024 net revenue continuing to flow to CalSTRS rather than to K–12 schools. Source: Advocates for School Trust Lands , California School Trust Lands and Fund (Tonia Day, FY 2024). Reproduced for the library by permission.