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The Alabama Trust Fund (ATF) is the wealth fund of the U.S. state of Alabama and was established in 1985 in response to a major offshore natural gas discovery in 1978. The fund is funded by royalty payments that are received each month from oil and gas companies and its assets total around $2.5 billion. [1]
Together, 1,541 individual schools provide education for 743,364 elementary and secondary students. [20] Public school funding is appropriated through the Alabama Legislature through the Education Trust Fund. In FY 2006–2007, Alabama appropriated $3,775,163,578 for primary and secondary education.
Alabama: Alabama Trust Fund: 2.5: June 2016 [9] Petroleum: 8 Utah: State School Fund 2.0: March 2015 [10] Public lands 9 Oregon: Oregon Common School Fund: 1.4: December 2016 [11] Public lands 10 Louisiana: Louisiana Education Quality Trust Fund: 1.3: June 2016 [12] Petroleum: 11 Montana: Coal Severance Tax Trust Fund & Public School Trust 1.2 ...
The Alabama Education Association has followed a simple formula in an effort to increase its influence in the Alabama Legislature.
Trust families to use funds. On Oct. 26, the South Carolina Education Association filed a lawsuit challenging the constitutionality of the Education Scholarship Trust Fund.
The SIC will start managing three new funds in fiscal year 2025, starting July 1: the Capital Development and Reserve Fund, Higher Education Trust Fund and Workforce Development and Apprenticeship ...
The investment yields a return that funds a portion of an institution's operational expenses while the principal exists in perpetuity. U.S. colleges and universities maintain some of the largest endowments in the world and make up the vast majority of higher education institutions with endowments greater than $1 billion.
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.