Official Nebraska Government Website
Nebraska Board of Educational Lands and Funds
Board Members Staff History Land Sales Land Trades Ag Lease Auctions Maps Oil and Gas Leasing Wind Leasing Taxation Ag Forms Reports

Board Members

DeMarus Carlson

Glenn Wilson Jr.
Chairperson

3103 Brentwood Cr.
Grand Island, NE 68801

Board Member Map

Jane Keller

Charles A. Ward
90235 Nollett Road
Valentine, NE 69201

Jerald Meyer
5100 Bridle Lane
Lincoln, NE 68516

John Lund

Jim Hain
450 Regency Pkwy Ste. 220
Omaha, NE 68114



Kelly Sudbeck

Kelly L. Sudbeck
CEO\Executive Secretary

The Nebraska Board of Educational Lands and Funds is a trust created to manage a large grant of lands from the federal government to the state at the time of Nebraska Statehood. As trustees, board members are bound to adhere to the "fiduciary duty" imposed by law upon all trustees. This duty requires the Board to maximize its trust income for the sole benefit of its designated beneficiaries---the public school children of Nebraska.

The Board consists of five members, four from congressional districts as they existed on January 1, 1961, and one at large. Board members are appointed by the Governor and confirmed by the Legislature to serve a rotating five-year term.

The Board selects a CEO/Executive Secretary who is responsible for managing the Trust, subject to Board oversight and approval.

Meetings of the Board are held once each month in Lincoln. The Board receives compensation of $50 per day and expense reimbursement for each day they perform their duties for the Board.

The primary function of the Board is to manage approximately 1.3 million acres of land. In its capacity as landowner, the Board makes expenditures for conservation, maintenance, and improvement of the land under its care. The Board issues and services both surface leases, primarily for agricultural use, and subsurface leases permitting exploration and extraction of oil and gas and other minerals. Sales and trades of land are discretionary with the Board.

The Board's Biennial Report summarizes its activities for each two-year period and is published during even-numbered years; the Biennial Report is supplemented by a report published in the Nebraska Blue Book during odd-numbered years. The Biennial Reports are available for download from this website. See "Reports."

Nebraska Board of Educational Lands and Funds - 555 North Cotner Blvd. Lincoln, NE 68505