Permanent Land Endowment Trust Fund

The Permanent Endowment Trust Fund was established in the Arizona Constitution under Article 10, Section 7. The Arizona Constitution requires the Treasurer to deposit and track the proceeds of land sales in the endowment fund according to the grant under which the land was conveyed to the State.

Click HERE for Endowment investment details, and HERE to access the 2012 Asset Allocation Study for the Endowment.

Map of the State of Arizona Trust Lands

Privately held land, shaded white in color, comprises only 14% of Arizona land. State Trust Lands colored in light blue were given to the state by the Federal Government at statehood in the Enabling Act as an endowment. There are thirteen different beneficiaries, each with their own trust land and separate trust fund.

Endowment Beneficiaries
101 – A&M Colleges 107 – Normal School ASU/NAU 112 – State Charitable
102 – State Hospital 108 – Penitentiaries 113 – University Fund
103 – Leg., Exec., & Jud. 109 – Permanent Common School 114 – UofA Land – 1881
104 – Military Institute 110 – School for Deaf & Blind
105 – Miners Hospital 111 – School of Mines