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Fund Assets Origin Value (in billions) As of Ref. 1 Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6 ...
The Federal Surplus Commodities Corporation was one of the so-called alphabet agencies set up in the United States during the 1930s as part of President Franklin D. Roosevelt's New Deal. Created in 1933 as the Federal Surplus Relief Corporation , its name was changed by charter amendment on November 18, 1935.
Half of this money went into what Pandolfo called a "surplus fund" and was used to pay stock sales commissions and company expenses. The other half went into the company's capital fund. The stock's par value of $5.00 was clearly printed on each of the stock certificates.
In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities: Consumer surplus , or consumers' surplus , is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the ...
The fund, created by former Gov. Charlie Baker in 2021 with a nest egg of almost $1.5 billion of surplus funds, was created to ensure funding for fiscal 2022 appropriations, according to a 2021 ...
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
The slush-fund concept can be a helpful tool for building savings. Intentionally stashing money away for any reason is an excellent habit to develop. Having a slush fund can minimize financial stress.
This includes oil, but also the various uses of reusable resources (e.g. polluting water). The dividend results in higher costs for natural resources, and thus amounts to a "tax on consumption". [5] The funds garnered from the GRD would be spent by an international organization; a world government is not necessary. The organization would follow ...