The Indian trust consists of 55 million surface acres and 57 million acres of subsurface minerals estates held in trust by the United States for American Indians, Indian tribes and Alaska Natives. Over 11 million acres belong to individual Indians and nearly 44 million acres are held in trust for Indian tribes.* On these lands, the Department manages more than 124,300 leases. It also manages approximately $4.9 billion in trust funds. For fiscal year 2014, funds from leases, use permits, settlements and judgments, land sales, and income from financial assets, totaling approximately $1.16 billion, were collected for about 397,000 open Individual Indian Money (IIM) accounts. Approximately $761 million was collected in fiscal year 2014 for about 3,300 tribal accounts (for over 250 tribes).
There is nothing comparable to this in the commercial trust sector.
Beyond size, there are a number of additional factors that make the Indian trust a unique management challenge:
*As of 9/30/14, there were 181,197 individual Indian allotments and more than 5.4 million fractionated interests.