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 122,817 leases. It also manages approximately $4.9 billion in trust funds.
For Fiscal Year 2016, OST achieved multiple milestones in delivering trust management services to tribal and Individual Indian Monies (IIM) account holders:
OST also had the following major accomplishments during Fiscal Year 2016 related to financial processing and beneficiary services:
There are a number of additional factors that make the Indian trust a unique management challenge: