Wisconsin received title to more than 3 million acres of land pursuant to the Swamp Land Act of 1850, which directed that the land be sold and the proceeds be used to the extent necessary for the purpose of drainage and reclamation of “swamp and overflowed lands.” In 1865, the state legislature decided that Wisconsin did not need half of the swamp land for drainage purposes. The legislature further decided that the common schools were already adequately funded so a law was passed which placed half of the swamp lands and half of the proceeds from swamp land sales into the school fund for the benefit of the normal schools. This established the trust fund principal for the Normal School Fund. Since then, the Fund has grown from the sale of Normal School Lands and from revenue on timber harvested from those lands. Today, the remaining Normal School Trust Lands are approximately 67,000 acres* but the Trust Fund principal has grown to over $39 million.
*Demoted figures were updated in August 2025.