New York financial profile
The Founding Floor (cohort 1) · No federal trust (state-derived)
Substrate v1.3 · Last reviewed 2026-05-01 · Read the state dossier
State-derived: no federal admission grant
New York entered the Union without a federal school-land grant — either because it predated the federal land-grant template (the Original 13) or because it was admitted under a different model (annexation by treaty, cession from a parent state, statehood from a sovereign republic). Counting House measures the federal-trust architecture; for New York that architecture was never built. The state's own school-finance instruments (general appropriations, local property tax, in some cases a state-derived endowment) live elsewhere in the library.
Permanent fund corpus
Most recent distribution
Federal grant acreage
Transparency status
No federal trust to disclose
State-derived: never received a federal admission grant, so there is no federal-trust corpus to publish. (The state may still have its own state-derived fund or other school-finance instruments.)
Governance form
Classification: No federal trust (state-derived)
Board of Regents (17 members, elected by joint ballot of the Legislature, staggered five-year terms; constitutional body under Article XI § 2). The Common School Fund corpus is held by the Comptroller; the Regents do not function as fund trustees in the public-land-state sense.
