Alice Felch, CPA

Alice Felch, CPA is the Controller of the Texas Permanent School Fund (TPSF), where she oversees financial reporting and internal controls for one of the largest education endowments in the country. TPSF’s mission is to support Texas public education by generating exceptional investment returns and reducing borrowing costs for Texas schools and charter districts through the Bond Guarantee Program.

In her role, Ms. Felch provides financial stewardship supporting the Bond Guarantee Program, which enables Texas school districts and charter schools to issue bonds backed by the AAA credit strength of the Permanent School Fund. This credit enhancement helps school systems finance facilities at lower costs, saving taxpayer dollars and improving access to the capital markets without reliance on private bond insurance. She brings a practical, behind‑the‑scenes perspective on how sound financial management and internal controls translate investment strength into tangible benefits for public education across Texas.