# Duval County Public Schools Endowment

Duval County Public Schools Endowment is an Endowment / Foundation based in Jacksonville, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Jacksonville, United States
- **Region:** North America
- **Address:** Jacksonville, FL, United States
- **Founded:** 1864
- **Assets under management:** Undisclosed
- **Website:** dcps.duvalschools.org
- **LinkedIn:** https://www.linkedin.com/company/duval-county-public-schools

## Regulatory record

- **Reports private funds:** No

## About

Duval County Public Schools Endowment is a US-based endowment plan in Jacksonville, managing approximately $1.1 billion in assets, primarily focused on North America.

## Sectors

- Education
- Real Estate
- Fixed Income

## People

- Ronald Fagan — Chief Financial Officer
- Dr. Christopher Bernier — Superintendent

## Questions

### Who administers the Duval County Public Schools endowment funds?

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.

### How does the endowment's real estate portfolio differ from a typical K-12 district?

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.

### What is the relationship between the endowment and the State Treasury Investment Pool?

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.

### Does the endowment make direct grants to schools or teachers?

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.

### What is the Quality Education for All (QEA) Fund?

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.

## Related profiles

- [Dutch Wholesalers Pension Fund](https://altss.com/profile/dutch-wholesalers-pension-fund)
- [Dynapartners](https://altss.com/profile/dynapartners)

---

Updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/duval-county-public-schools-endowment

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology