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Collins Educational Fund reports $21.4M portfolio, steady oil-and‑gas income and maturing CDs
Summary
Advisors to the Collins Educational Fund told the Corsicana ISD board that the fund's market value is about $21.4 million with strong one‑ and five‑year returns, oil‑and‑gas income of roughly $200–$250K annually, and several maturing CDs requiring a decision on reinvestment or scholarship spending.
Advisors presented a May 31, 2025, update on the Collins Educational Fund to the Corsicana ISD Board of Trustees on June 16, saying the fund's market value is currently about $21.4 million and has produced strong one‑ and five‑year returns while continuing to supply scholarship distributions.
An investment presenter reported that the fund's market value rose from about $20.39 million a year earlier to roughly $21.5 million, representing about $1.1 million in appreciation and a one‑year return near 8.34% (five‑year annualized return about 8.31%). The presenters said that strong…
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