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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 fixed‑income performance and large‑cap equity appreciation drove most of the gains.
The oil‑and‑gas minerals portfolio was described as geographically diversified with significant historical income out of the Eagle Ford region; advisors said mineral income is a depleting asset but has produced roughly $200,000–$250,000 annually in recent years and generated $218,000 in the most recent year cited. The fund historically moves roughly 28% of oil‑and‑gas income into the investment account to support long‑term growth.
Advisors said five certificates of deposit (CDs) are maturing in July and that one CD position consisting of income cash requires board direction if the board wants to spend more scholarship dollars this year rather than reinvest. The presenters said maturing CD rates are lower than last year's maturing CDs but that one‑year short maturities still yield attractive short‑term returns (presenters quoted potential 4.2–4.3% one‑year CD yields and money‑market rates near 4.17%).
"Those CDs actually produced an additional $32,000 in income," an investment presenter said, noting that income from matured CDs paid roughly a semester of a Collins scholarship in the prior year. Advisors recommended keeping short maturities to preserve liquidity for scholarship payouts.
Board members were asked to advise staff on whether to reinvest income‑cash CDs that mature Friday; staff said no immediate decision was required but that earlier direction would help planning. Trustees did not take a board vote on reinvestment during the June 16 meeting.
Presenters emphasized that oil‑and‑gas interests are depleting assets and that future scholarship budgeting should account for that long‑term decline while also factoring dividend and interest income from the invested portfolio.
