Stakeholder Trusts are a species of large-scale commons that distributes revenues from a shared asset, typically a natural resource, and distributes it to citizens with a recognized “stake” in the resource. Stakeholder trusts are also touted as “common wealth trusts” that can safeguard natural and social resources that are our collective inheritance.
Stakeholder Trust Examples
Alaska Permanent Fund
The archetypical example of a stakeholder trust is the Alaska Permanent Fund , a state-chartered trust that is authorized to collect, manage and distribute revenues from oil drilled on state land, on behalf of Alaska residents. In 2015, the Fund held $52 billion, which has typically generated an annual dividend of between $1,000 to $2,000 for every resident of the state. The Fund’s endowment comes from royalties paid to it from corporations extracting oil on Alaska state lands. The annual dividends paid to individual citizens are praised by both progressives and conservatives as a welcome display of citizen sovereignty over “what we own” and a source of non-wage income for ordinary people that can reduce inequality.
Common Wealth Trusts
In his 2014 book, Liberty and Dividends for All,  Peter Barnes extended the idea of stakeholder trusts to wide variety of “common assets” that could be responsibly monetized and revenues shared via Common Wealth Trusts. The trusts would act as trustees for revenues collected from various commercial users of common assets (where monetization is appropriate): industries that use the atmosphere for their wastes (and thus must buy air pollution rights to use that scarce resource); banks and stock sellers who must pay a financial transaction tax (in recognition of public support for the financial infrastructure); copyright-, trademark- and patent-based industries that rely on government-created property rights and enforcement systems; and broadcasters and other users of the public’s electromagnetic spectrum. Stakeholder trusts could be applied at the state or provincial level.
See also Peter Barnes’ essay for the Great Transition Initiative website. 
In Vermont, a 2008 report  outlined the various state assets that could be managed via stakeholder trusts – forests, rocks and minerals, water used in bottling, broadcast spectrum, land, wind. In 2011, a bill was introduced in the Vermont state legislature to establish a “Vermont Common Assets Trust” for a variety of natural resources; the bill was never enacted but the idea is still viable in Vermont and other legal jurisdictions. Versions of the stakeholder trust governance/management model have also been proposed the atmosphere (“Earth Atmospheric Trust”), oceans, and the human genome.
Local Commons Trusts
Working with Peter Barnes, the Sustainable Economies Law Center  (Janelle Orsi], director) is currently exploring ways to extend and adapt the stakeholder trust idea to different contexts. For example, local commons trusts could serve as a steward of local forests, watersheds or open spaces (e.g., community forests or the cooperative management of a public forest described above).
Model Versions of Government-Chartered Trusts
Interested citizens and legislatures could use standard organizational forms for creating commons-managed trusts. In such a scheme, as Peter Barnes explains, “Outwardly, the shells [of trusts] would be not-for-profit corporations with state charters, self-governance, perpetual life and legal personhood. Inwardly, they’d be coded to protect their assets for future generations and to share current income. In this vein, the Sustainable Economies Law Center (SELC) currently exploring the Agrarian Trust Model  – the idea of putting farm land into trusts as a strategy to help retiring farmers sell their farms while preserving the land for agricultural uses.
Baby Bonds / Child Trust Funds
The Sustainable Economies Law Center is also exploring new legal and financial structures to provide universal basic incomes and to create “Baby Bonds” – “child trust funds” in the UK  – which consist of assets that appreciate in value and pay dividends to children when they become 18 years old. All of these trust forms seek to protect common wealth from marketization, especially over intergenerational periods of time, and promote greater social equity.