Page 41 - FY20 Annual Report Land Trusts Protection Advocacy Office_ Beneficiary Reports
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Beneficiary Summary
UTAH STATE UNIVERSITY (AGRICULTURAL COLLEGE) TRUST
UTAH STATE UNIVERSITY
Acreage - Surface 27,569 (0.82%)
Acreage - Mineral 51,971 (1.16%)
Total Permanent Fund Balance $5,241,171
FUND RETURN %
FY 2020 -3.9%
3-Year Annualized 1.8%
5-Year Annualized 2.9%
10-Year Annualized 7.9%
Distribution Formula for Utah State University (Agricultural College) Trust
(4% x 12-QTR average previous fiscal year end) = Total FY Distribution Amount
APPLIED FORMULA FOR FY20: (4% x $3,389,444) = $135,578*
*Distribution amount is a reflection of what was paid out during FY 2020. Annual distributions are subject to a 4% cap against the
12 quarter market value average and sent in equal quarterly installments.
Utah State University Trust Distributions
SURFACE ACRES: FY 2016 $67,925
27,569 FY 2017 $55,960
FY 2018 $116,341
MINERAL ACRES: FY 2019 $124,384
51,971 FY 2020 $135,578
Calculated FY 2021 Distribution $156,989
UTAH STATE UNIVERSITY
(AGRICULTURAL COLLEGE) TRUST
FUND BALANCE
$5,241,171
As of 6/30/2020
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