The Land Grant & Severance Tax Permanent Funds are founded on our state’s natural assets, including oil, natural gas, coal and other finite resources. When some day those reserves are diminished, future generations will still receive the annual benefits they provide.

The 11-member SIC and its Committees are fiduciaries to one of the top sovereign wealth funds in the country, and the 30th largest in the world. The SIC strives for transparency by webcasting its monthly meetings, which are open to the public.

The Land Grant Permanent Fund benefits all New Mexicans. It is made up of 21 unique public beneficiaries, the largest of which is the Permanent School Fund, at nearly 90%. In 2025 alone, public schools received over $1.3 billion in distributions from the fund.

You can review the latest SIC investment reports and Fund valuations, as well as monthly meeting materials and policy statements.