Duval County Public Schools Endowment

The Community Foundation for Northeast Florida manages the Public Education Endowment and the Quality Education for All (QEA) Fund on behalf of the district. The foundation provides fiduciary oversight and grant administration, while the district's Finance Division—led by CFO Ronald Fagan—oversees Treasury and Debt Management including the broader investment pool relationships.

DCPS holds direct commercial and industrial properties beyond its school buildings, including a warehouse on Phillips Industrial Blvd, a commercial site on King Street, and mixed-use exposure through Midtown Centre. Most K-12 endowments limit physical assets to school facilities. The district's administrative headquarters at 1701 Prudential Drive is additionally a balance-sheet commercial holding.

The district places liquid capital in Florida's State Treasury Investment Pool (SPIA), managed from Tallahassee. This provides short-duration fixed-income exposure that supplements the direct real estate holdings, creating a portfolio with both public-market liquidity and hard-asset stability.

Yes, primarily through the Jacksonville Public Education Fund (JPEF) and the QEA Fund. These channel endowment proceeds into classroom grants, teacher development initiatives, and targeted educational programming across the district's schools, rather than funding general operating budgets.

The QEA Fund is a philanthropic vehicle administered by the Community Foundation for Northeast Florida in partnership with DCPS. It concentrates on closing opportunity gaps across Duval County schools through targeted grants, supplementing state and local funding with private philanthropic dollars drawn from endowment returns and community contributions.