2020 Beneficiary Report on Trust Lands & Funds

At statehood, lands were granted in trust for the benefit and support of several of the most important public purposes and institutions in the state of Utah. Expectedly, these values—public and higher education, mental and physical health, juvenile support and rehabilitation, institutes for the deaf and blind, water storage and sustainability, and housing government activities—persist among Utah’s primary commitments today.

Download the 2020 Beneficiary Report on Trust Lands & Funds

The Land Trusts Protection & Advocacy Office (Protection & Advocacy Office) is dedicated to protecting and advocating for the preservation, stability, and growth of the trust assets on behalf of the current and future beneficiary interests. We are committed to cultivating prudent decision-making and entrepreneurial business practices, advocating for goal-oriented management, and engaging in large-scale, long-range planning efforts that will result in significant upward mobility of the trust for years in the future.

We are grateful to work closely with School and Institutional Trust Lands Administration (SITLA), the School and Institutional Trust Funds Office (SITFO) and other key entities and individuals within the trust system to protect and enhance the long-term economic value of the whole trust and commend them for the work that they have accomplished.

The following is an overview of the School and Institutional Trust System, a consortium of agencies responsible for the management of the trust lands, trust fund investment, trust distribution, and trust protection and advocacy. Additionally, this report presents a summary of the status of the trust assets and permanent fund performance during fiscal year 2020.