Company profile
Texas Permanent School Fund Corporation
We strive to achieve exceptional investment performance, generating essential resources for Texas schoolchildren.
- Industry
- Investment Management
- Employees
- 119
- Headquarters
- Austin, Texas
- Founded
- 1845
- LinkedIn followers
- 4,955
- Office locations
- 1
Texas Permanent School Fund Corporation company summary
Texas Permanent School Fund Corporation is a company in the Investment Management industry, headquartered in Austin, Texas, founded in 1845. On LinkedIn the company has around 119 employees and 4,955 followers.
What technology does Texas Permanent School Fund Corporation use?
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About Texas Permanent School Fund Corporation
We are a special-purpose governmental corporation charged with prudently managing and investing the assets of the Texas Permanent School Fund. We strive to achieve exceptional investment performance to protect and grow the historic public endowment and sovereign wealth fund of Texas, generating essential resources for current and future Texas schoolchildren. As the nation’s oldest sovereign wealth fund, Texas PSF supports public education in two important ways: First, the investment portfolio we manage generates returns which help fund a portion of educational expenses, including textbooks and technology. Since 1969, the fund has generated nearly $39 billion dollars to help fund public education. Second, through the Bond Guarantee Program, independent school districts and charter districts use the Fund’s AAA credit rating schools to lower interest rates on their debt guaranteed by the Fund, allowing more money to go toward school improvements instead of interest, and saving Texas taxpayers hundreds of millions of dollars each year.
Where is Texas Permanent School Fund Corporation located?
Texas Permanent School Fund Corporation lists 1 location.
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|---|---|---|---|---|
Texas Permanent School Fund Corporation texaspsf.org | Investment Management | 119 | 1845 | Austin, Texas |
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Frequently asked questions about Texas Permanent School Fund Corporation
What does Texas Permanent School Fund Corporation do?
We are a special-purpose governmental corporation charged with prudently managing and investing the assets of the Texas Permanent School Fund. We strive to achieve exceptional investment performance to protect and grow the historic public endowment and sovereign wealth fund of Texas, generating essential resources for current and future Texas schoolchildren. As the nation’s oldest sovereign wealth fund, Texas PSF supports public education in two important ways: First, the investment portfolio we manage generates returns which help fund a portion of educational expenses, including textbooks and technology. Since 1969, the fund has generated nearly $39 billion dollars to help fund public education. Second, through the Bond Guarantee Program, independent school districts and charter districts use the Fund’s AAA credit rating schools to lower interest rates on their debt guaranteed by the Fund, allowing more money to go toward school improvements instead of interest, and saving Texas taxpayers hundreds of millions of dollars each year.
How many employees does Texas Permanent School Fund Corporation have?
Texas Permanent School Fund Corporation has around 119 employees on LinkedIn.
Where is Texas Permanent School Fund Corporation headquartered?
Texas Permanent School Fund Corporation is headquartered in Austin, Texas.
When was Texas Permanent School Fund Corporation founded?
Texas Permanent School Fund Corporation was founded in 1845.
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