Trust

OST handles more than $3.7B in trust for tribes and individuals





The Office of the Special Trustee for American Indians manages more than $3.7 billion in trust for tribes and individual Indians.

OST manages more than 2,900 accounts for more than 250 tribes, according to an Interior Department budget document. Another 380,000 accounts represent the Individual Indian Money (IIM) trust.

The funds come from land claim settlements, judgment awards, per capita payments and activities such as grazing, timber and energy development. Vincent Logan, a member of the Osage Nation of Oklahoma, will oversee funds if he is confirmed as the next Special Trustee.

Get the Story:
Obama nominates Osage Nation member to head office that manages $3.7B in Indian trust funds (AP 9/24)

Related Stories:
Obama nominates Vince Logan, Osage, as new Special Trustee (9/24)

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