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School Trust Management

fiduciary duty

A Trustee's Duties

As trustee, the state must manage school trust financial and land assets “consistent with the best interests of trust beneficiaries” pursuant to the Minnesota Constitution and state law.

Image of man drawing Gantt chart


The responsibility for managing Minnesota’s school trust lands and investing assets of the Permanent School Fund is currently divided among several state government bodies.


"Whole Trust"

Viewing Minnesota’s school trust as a “whole trust” is a paradigm shift for school trust land managers and trustees. The idea is simple—that the sum of all of Minnesota’s school trust assets are greater than its individual parts. 

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