Texas / Texas Permanent School Fund Corporation

Agency file

Texas Permanent School Fund Corporation

Source file: Texas — State Employee Salaries (Texas Tribune) / ingested Jun 18, 2026

The Texas Permanent School Fund Corporation administers public education — funding, academic standards, and the operation of schools.

In 2026, this agency had 104 employees with median total compensation of $162,500; the highest distinct record was $434,109.

Year: 2026
Total payroll: $19.6M
Employees: 104
Median total: $162,500
Highest record: $434,109

What the records show

Compensation analytics

These summaries compare pay within the agency before listing individual records.

Salary distribution

$6,240$434,110+

Hover a bar for its range; click to filter the list below.

How 2026 total compensation is spread across the 104 employees. Each bar is a pay range; taller bars mean more people earn in that range. The amber line marks the median ($162,500) — half earn less, half more. The far-right bar collects the highest earners.

Average pay composition

Base — $188,226 (100%)
Overtime — $0 (0%)
Other — $0 (0%)
Benefits — $0 (0%)

What an average paycheck here is made of — base salary versus overtime, other pay (bonuses, allowances), and benefits. A large overtime or other-pay share means take-home often exceeds base salary.

Pay percentiles

10th

25th

Median

75th

90th

$26,000

$107,083

$162,500

$291,600

$350,000

The pay ladder for this department. Someone at the 90th percentile earns $350,000 — more than 90% of the department; the 10th percentile earns $26,000. The shaded band is the middle half of employees (25th–75th percentile).

Largest job titles

Senior Analyst

16 · $127,500

Senior Officer

14 · $285,000

Assistant Vice President

14 · $270,000

Intern

14 · $23,816

Officer

13 · $170,000

The most common job titles in this department by headcount, with the median total compensation for each. Click a title to see everyone who holds it.

Trend

Year over year

How this department's total payroll, headcount, and median pay changed across the 2 published years.

Year	Total payroll	Employees	Median pay
2025	$16.2M —	84 —	$159,656 —
2026	$19.6M ▲ 20.9%	104 ▲ 23.8%	$162,500 ▲ 1.8%

Record list

Employees

Page 1

Carlos Castro

Vice President/Texas Permanent School Fund Corporation

2025 total comp

$413,437

Base pay: $413,437
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $413,437
Employment type: Urf - Unclassified Regular Full-Time
Full-time equivalent (FTE): 1
Middle name: A

Source-specific fields

Class Code: IN08
Hire Date: Jan 1, 2023
Monthly Pay: $34,453
State Employee Number: 132730

At Texas Permanent School Fund Corporation, Carlos Castro serves as a Vice President. They work urf - unclassified regular full-time. Their 2025 pay totaled $413,437.

William Arnold

Senior Vice President/Texas Permanent School Fund Corporation

2026 total comp

$400,000

Base pay: $400,000
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $400,000
Employment type: Urf - Unclassified Regular Full-Time
Full-time equivalent (FTE): 1
Middle name: V

Source-specific fields

Class Code: BK09
Hire Date: Jul 14, 2025
Monthly Pay: $33,333
State Employee Number: 741661

William Arnold holds the role of Senior Vice President at Texas Permanent School Fund Corporation. Their status is urf - unclassified regular full-time. In 2026, their total compensation was $400,000.

Needhi Vasavada

Senior Vice President/Texas Permanent School Fund Corporation

2026 total comp

$400,000

Base pay: $400,000
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $400,000
Employment type: Urf - Unclassified Regular Full-Time
Full-time equivalent (FTE): 1
Middle name: N

Source-specific fields

Class Code: BK09
Hire Date: Aug 4, 2025
Monthly Pay: $33,333
State Employee Number: 1797019

At Texas Permanent School Fund Corporation, Needhi Vasavada serves as a Senior Vice President. They work urf - unclassified regular full-time. Their 2026 pay totaled $400,000.

Robert Borden

Chief Executive Officer/Texas Permanent School Fund Corporation

2026 total comp

$400,000

Base pay: $400,000
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $400,000
Employment type: Erf - Exempt Regular Full-Time
Full-time equivalent (FTE): 1

Source-specific fields

Class Code: E706
Hire Date: Dec 1, 2023
Monthly Pay: $33,333
State Employee Number: 1683078

Robert Borden works as a Chief Executive Officer for Texas Permanent School Fund Corporation. Their status is erf - exempt regular full-time. Robert earned $400,000 in 2026.