2011-11-09T13:11:44-06:00 2010-12-31 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2010-01-01 412014273 INDIAN LAND TENURE FOUNDATION INDI 6517668999 151 E COUNTY RD B2 LITTLE CANADA MN 55117 JOHN SIROIS 6517668999 2011-11-08 1 LAWRENCE H MOHR CPA 6128764500 2011-11-08 2010 2016-02-24 21:20:13Z JOHN SIROIS 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 3633072 0 X WWW.ILTF.ORG X 2002 MN INDIAN LAND TENURE FOUNDATION'S MISSION IS TO ENSURE THAT ALL LANDS WITHIN NATIVE AMERICAN RESERVATION BOUNDARIES IS UNDER NATIVE AMERICAN OWNERSHIP AND CONTROL. OUR PRIMARY ACTIVITY IS GRANT-MAKING TO NATIVE AMERICAN TRIBES AND OTHER ORGANIZATIONS THAT CAN ASSIST IN REACHING THAT GOAL. 11 11 9 0 0 -22699 1016477 71724 273682 246448 -1969319 372949 -830 500000 -679990 1191121 54868 329255 0 0 858265 723193 72772 0 239514 1386315 1113463 2372220 2165911 -3052210 -974790 19857980 20041923 4086572 4017053 15771408 16024870 X LAND WITHIN THE ORIGINAL BOUNDARIES OF EVERY RESERVATION AND OTHER AREAS OF HIGH SIGNIFICANCE WHERE TRIBES RETAIN ABORIGINAL INTEREST ARE IN INDIAN OWNERSHIP AND MANAGEMENT. 0 0 343061 177590 THE INDIAN LAND TENURE FOUNDATION CONTINUES DEVELOPING OUTREACH FOR ADAPTATION AND IMPLEMENTATION OF THE CURRICULUM "LESSONS OF OUR LAND: AN INTERDISCIPLINARY INDIAN LAND CURRICULUM FOR HEAD START AND K-12." GRANTEES CONTINUE TO WORK TOWARDS ADAPTING THE CURRICULUM, STATE SPECIFIC FOR IDAHO, MONTANA, SOUTH DAKOTA, CALIFORNIA AND MINNESOTA. ADDITIONALLY, INDIVIDUAL SCHOOL DISTRICTS CONTINUE TO WORK ON ADAPTING AND IMPLEMENTING THE CURRICULUM TO THEIR LOCAL COMMUNITIES; INCLUDING ROUND VALLEY UNIFIED SCHOOL DISTRICT IN CALIFORNIA WHO IS ADAPTING THE CURRICULUM, OFFERING TWO TEACHER DEVELOPMENT TRAININGS FOR CALIFORNIA TEACHERS AND DEVELOPING STRATEGIES FOR IMPLEMENTATION FALL OF 2011.OTHER EDUCATIONAL EFFORTS INCLUDE A GRANT TO THE NATIVE AMERICAN COMMUNITY DEVELOPMENT INSTITUTE IN MINNESOTA TO DEVELOP A PLAN FOR DISSEMINATION OF "DAKOTA LANDS IN MINNESOTA" RESEARCH PROJECT INFORMATION TO LOCAL INDIAN AND NON-INDIAN COMMUNITIES AT THE ALL MY RELATIONS ART GALLERY AS WELL AS DRAFTING A MANUSCRIPT FOR PUBLISHING.THE SAINT PAUL PUBLIC SCHOOLS GRANT WRAPPED UP IN 2010 WITH 64 SCHOOLS IN THE DISTRICT INCORPORATING ANCHOR LESSONS FROM THE ILTF CURRICULUM IN THE K-12 GRADES, REACHING OVER 38,000 STUDENTS OVER THE THREE YEARS OF THE PROGRAM. ASSESSMENTS WERE CONDUCTED SHOWING THAT 92.5% OF ALL STUDENTS WHO COMPLETED THE EVALUATIONS SHOWED INCREASED KNOWLEDGE ON INDIAN LAND TENURE ISSUES. ADDITIONALLY, AMERICAN INDIAN STUDENTS RECEIVED INSTRUCTION IN THE CURRICULUM THROUGH THE AMERICAN INDIAN EDUCATION PROGRAM (AIEP) PULL-OUT CLASSES WITH GUIDANCE FROM A PARENT ADVISORY COMMITTEE. 245457 241827 THE MISSION OF THE INDIAN LAND TENURE FOUNDATION IS: "LAND WITHIN THE ORIGINAL BOUNDARIES OF EVERY RESERVATION AND OTHER AREAS OF HIGH SIGNIFICANCE WHERE TRIBES RETAIN ABORIGINAL INTEREST ARE IN INDIAN OWNERSHIP AND MANAGEMENT." IN ORDER TO WORK TOWARDS THE MISSION, ILTF, IN COLLABORATION WITH THE NATIVE AMERICAN COMMUNITY DEVELOPMENT CORPORATION (NACDC) RECOGNIZED A NEED TO BRIDGE THE GAP IN LENDING TO TRIBES. THE INDIAN LAND CAPITAL COMPANY (ILCC) WAS CREATED AS A FOR-PROFIT TO ADDRESS THOSE NEEDS IN INDIAN COUNTRY.LAND OWNERSHIP PATTERNS PREVALENT THROUGHOUT INDIAN COUNTY, WHERE THE U.S. FEDERAL GOVERNMENT HOLDS MUCH OF THE LAND IN "TRUST" FOR INDIAN PEOPLE AND TRIBES, CREATES A VERY CHALLENGING SITUATION FOR TRIBES WANTING TO FINANCE THE PURCHASE OF LAND WITHIN RESERVATION BOUNDARIES. FOR MOST FINANCIAL LENDING INSTITUTIONS, A FORM OF COLLATERAL IS REQUIRED. HOWEVER, SINCE THE FEDERAL GOVERNMENT OWNS TITLE TO THE LAND, IT IS VIRTUALLY IMPOSSIBLE TO FOR INDIAN NATIONS TO FIND LENDING OPTIONS. ILCC FILLS THIS NEED. HOWEVER, IN ORDER TO QUALIFY FOR A LOAN, TRIBES MUST DEVELOP A STRATEGIC LAND PLAN. THIS IS WHERE ILTF AND NACDC, AS NON-PROFIT PARTNERS, COME INTO PLAY. ILTF AND NACDC PROVIDE THE TECHNICAL SUPPORT AND GRANTS TO TRIBES FOR THE DEVELOPMENT OF A STRATEGIC LAND PLAN WHICH PLAYS AN INTEGRAL PART IN OBTAINING FUNDING FROM THE ILCC FOR SECURING A LOAN FOR LAND PURCHASES. TO DATE, OVER 7,000 ACRES OF ANCESTRAL HOMELANDS HAVE BEEN PURCHASED BY THE: BLACKFEET TRIBE IN MONTANA; SNOQUALMIE TRIBE IN WASHINGTON; YUROK TRIBE IN CALIFORNIA; LOWER SIOUX TRIBE IN MINNESOTA; AND THE SHOALWATER BAY TRIBE IN WASHINGTON.ILTF AND NACDC CONTINUE TO WORK WITH TRIBES AND POTENTIAL FUNDERS IN ORDER TO CREATE ADDITIONAL OPPORTUNITIES FOR TRIBES TO PURCHASE LOST HOMELANDS AS THEY BECOME AVAILABLE IN A STRATEGIC AND PLANNED MANNER. 61824 THE INDIAN LAND TENURE FOUNDATION (ILTF) RECEIVED RENEWED FUNDING IN 2010 FROM THE NATIONAL RURAL FUNDERS COLLABORATIVE TO PARTNER WITH THE NATIVE AMERICAN COMMUNITY DEVELOPMENT CORPORATION (NACDC) TO WORK WITH INDIAN COMMUNITIES IN MONTANA ON SUSTAINABLE ECONOMIC DEVELOPMENT THROUGH STRATEGIES THAT FOCUS ON RECAPTURING, PROTECTING AND UTILIZING TRIBAL ASSETS. THE OBJECTIVE OF THE PROJECT WAS TO WORK WITH INDIVIDUAL TRIBAL COMMUNITIES IN A FACILITATED PARTICIPATORY PROCESS UTILIZING A FOUR-TIER STRATEGIC PLANNING AND ACTION STRATEGY.IN TOTAL, THREE GRANTS WERE AWARDED IN 2008 TO THE FORT BELKNAP AND FORT PECK INDIAN COMMUNITIES IN MONTANA TO ADDRESS VARIOUS ACTIVITIES. DURING 2010 ALL THREE GRANTS WERE COMPLETED.ONE GRANT AWARDED TO THE FORT PECK INDIAN TRIBE WAS FOR THE CARBON SEQUESTRATION PROJECT TO DEVELOP A MANAGEMENT PLAN AND HANDBOOK DESIGNED TO LAY OUT THE STEPS NECESSARY FOR COMPLETION OF A CARBON SEQUESTRATION SALE. THIS HANDBOOK WAS COMPLETED AND WILL BE SHARED WITH INDIAN NATIONS DESCRIBING THE SALE PROCESS. THE TRIBE IS STILL IN NEGOTIATIONS TO CONTRACT APPROXIMATELY 189,218 ACRES OF RANGELAND WITH THE NATIONAL CARBON OFFSET COALITION, BUT IS WAITING FOR THE PRICE TO GO UP BEFORE COMMITTING. A SECOND GRANT WAS GIVEN TO THE FORT PECK INDIAN TRIBE TO DEVELOP A WORKFORCE TRAINING AND LAND DEVELOPMENT PROJECT FOR THE COMMUNITY. WORK WAS COMPLETED ON A USER HANDBOOK AND TRAINING SESSIONS DEVELOPED AND OFFERED THROUGH THE FORT PECK COMMUNITY COLLEGE. THE COLLEGE ANTICIPATED UTILIZING THE HANDBOOK AND TRAINING SESSIONS AS A PART OF THEIR CONSTRUCTION PROJECTS IN 2011.FORT BELKNAP INDIAN TRIBE WAS AWARDED A GRANT TO RESEARCH AND DEVELOP A COMPREHENSIVE, CULTURALLY APPROPRIATE AND SUSTAINABLE SACRED SITE PROTECTION AND PRESERVATION PLAN FOR THE AREA KNOWN AS GRINNELL NOTCH. EXTENSIVE RESEARCH AND IDENTIFICATION OF ADDITIONAL SACRED SITES WERE DOCUMENTED. UNFORTUNATELY, WITH MINIMAL WORK REMAINING ON THE PROJECT WE WERE INFORMED THAT THE TRIBE HAD SUSPENDED ALL OPERATIONS OF THE PLANNING AND DEVELOPMENT DEPARTMENT FORCING THE CLOSEOUT OF THE GRANT PREMATURELY.ILTF AND NACDC MET WITH TRIBAL ELECTED OFFICIALS AND STAFF AS WELL AS RESERVATION COMMUNITY MEMBERS TO DEVELOP A COMMUNITY-LED AND DIRECTED PLANNING PROCESS IN EACH OF THREE RESERVATION COMMUNITIES. THE PROCESS ADVANCED IN FORT PECK INTO A COMPONENT OF THE POPLAR CITY REDEVELOPMENT PLAN AND AT FORT BELKNAP INTO A MORE COMPREHENSIVE ECONOMIC DEVELOPMENT PLAN. THE LATTER ALSO HAD A FOCUS ON BUILDING THE LOCAL CAPACITY TO FOSTER SMALL BUSINESS DEVELOPMENT BY TRIBAL MEMBERS. 726261 151665 4621 'IN 2010 ILTF HOSTED THREE REGIONAL MEETINGS ON THE NATIVE LAND LAW PROJECT: RAPID CITY, SD WITH THE GREAT PLAINS TRIBAL CHAIRMAN'S ASSOCIATION; PHOENIX, AZ AT THE ARIZONA STATE UNIVERSITY COLLEGE OF LAW WITH TRIBAL CHAIRMAN FROM THE SOUTHWEST, AND SEATTLE, WA WITH TRIBAL REPRESENTATIVES FROM THE NORTHWEST. ANOTHER MEETING BETWEEN THE INDIAN LAW RESOURCE CENTER BOARD AND ILTF'S BOARD CREATED THE OPPORTUNITY TO DISCUSS AND PLAN FUTURE ACTIVITIES TO MOVE FORWARD ON ADDRESSING SOME OF THE INJUSTICES RAISED IN THE RESEARCH. A TABLOID WAS DEVELOPED AND PUBLISHED CALL "NATIVE LAND LAW" WHICH SPEAKS TO THE CHALLENGES OF NATIVE AMERICAN PEOPLE IN FINDING JUSTICE IN THE U.S. LEGAL SYSTEM AND IS CURRENTLY IS DISTRIBUTION.OTHER SIGNIFICANT ACCOMPLISHMENTS IN 2010 INCLUDE COMPLETION OF OUR PUBLICATION MESSAGE RUNNER, VOL. 5: CUTTING THE RED TAPE. THIS PUBLICATION FOCUSES ON THE FEDERAL FORMS AND PROCESSES SURROUNDING INDIAN LAND OWNERSHIP AND MANAGEMENT AND HAS BECOME ONE OF OUR MOST POPULAR ISSUES TO DATE. AS INDIAN TRIBES AND INDIAN LAND OWNERS EVALUATE THEIR OPTIONS IN LIGHT OF MANY OF THE IMPORTANT COURT AND LEGISLATIVE DECISIONS RECENTLY MADE, RED TAPE ASSISTS BY PROVIDING A NO-NONSENSE LOOK AT THE COMPLEX NATURE OF FEDERAL FORMS AND PROCESSES RELATED TO THEIR LANDS.IN 2010 ILTF BEGAN ORGANIZING THE 1ST TRIBAL LAND STAFF NATIONAL CONFERENCE, HELD ON APRIL 18 - 20, 2011 IN LAS VEGAS, NEVADA. IN 2010 WE CONTACTED OVER 770 TRIBAL LAND OFFICE STAFF AND REQUESTED THEIR INPUT ON FORMAT OF THE CONFERENCE AND TOPICS TO COVER. WITH THIS INPUT WE ORGANIZED A CONFERENCE WITH FIFTEEN 1.5 HOUR SESSIONS AND TWO PLENARY SESSIONS OVER THE COURSE OF TWO DAYS. OVER 25 HOURS OF TRAINING, DISCUSSION AND DEBATE DESIGNED SPECIFICALLY FOR TRIBAL LAND STAFF TO MEET THEIR INFORMATIONAL, EDUCATIONAL AND NETWORKING NEEDS. 726261 151665 4621 1376603 1 1 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 6 0 9 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 MN X MR CRIS STAINBROOK 6517668999 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 DAVID BAKER 1.50 X 0 0 0 DAWN BATTISTE 1.50 X 0 0 0 VIRGIL DUPUIS 1.50 X X 0 0 0 STACI EMM 1.50 X 0 0 0 ERICK GILES 1.50 X X 0 0 0 JOSEPH HILLER 1.50 X 0 0 0 MARGIE HUTCHINSON 1.50 X 0 0 0 MICHAEL JOHNSON 1.50 X 0 0 0 ROSS RACIN 1.50 X 0 0 0 JOHN SIROIS 1.50 X X 0 0 0 WILLIAM TOVEY 1.50 X 0 0 0 CRIS STAINBROOK 40.00 X 125000 0 38487 D'ARCY BORDEAUX 40.00 X 55365 0 10527 JASON BOOTH 40.00 X 68750 0 15484 TERRY JANIS 40.00 X 80000 0 27540 PATRICIA CHASE 40.00 X 49564 0 15557 249115 0 64498 1 0 1 0 0 71724 71724 LOAN PROGRAM INCOME 525990 241827 241827 MISCELLANEOUS REVENUE 525990 4621 4621 246448 303605 303605 2511295 2441951 69344 69344 69344 CLASS-ACTION SETTLEMEN 900099 500000 500000 500000 1191121 246448 0 872949 329255 329255 313613 139682 92517 81414 273519 119754 80131 73634 94606 44901 28658 21047 41455 17792 12617 11046 669 669 28175 28175 75898 75898 358022 305252 50103 2667 10600 6755 3405 440 54790 39596 11071 4123 11700 5182 4688 1830 104334 40305 50423 13606 31531 20380 6283 4868 62498 62498 64300 32793 19933 11574 7225 3686 2426 1113 SUBSIDIARY EXPENSES 245457 245457 MISCELLANEOUS EXPENSES 28208 15224 12065 919 POSTAGE 15558 9087 3299 3172 DUES AND SUBSCRIPTIONS 13760 1502 4637 7621 TRAINING AND EDUCATION 738 298 440 2165911 1376603 549794 239514 74926 635719 1178479 585000 425000 133764 77140 3810144 3979085 1017 5000 1241241 435593 864315 805648 10867071 10442095 2960950 3054550 19857980 20041923 69833 78019 316739 239034 3700000 3700000 4086572 4017053 X 685864 994701 15085544 15030169 15771408 16024870 19857980 20041923 X -974790 1228252 X X 0 1 1 X 0 X 1132360 2214801 269622 1016477 71724 4704984 1132360 2214801 269622 1016477 71724 4704984 2231000 2473984 516456 620531 606041 98382 303605 2145015 6849999 926362 0.36120 0.37100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 17 21724 329255 77095 20083012 1 1 43125 43125 373822 127374 246448 544864 72988 471876 167293 157132 10161 112137 78099 34038 805648 LIMITED PARTNERSHIP (VARDE FUND IX, LP 2169550 F REAL ESTATE (MAMMOTH EQUITIES) 334401 C LIMITED PARTNERSHIP (HALEY ASSOCIATES) 550599 C 3054550 1191121 2165911 -974790 1228252 1228252 253462 2343475 1228252 1228252 1115223 75898 75898 1191121 2090013 0 2090013 75898 75898 2165911 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE (IRS) HAS NOTIFIED INDIAN LAND TENURE FOUNDATION THAT IT QUALIFIES FOR TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. INDIAN LAND CAPITAL COMPANY, LLC IS TREATED AS A PARTNERSHIP FOR FEDERAL AND STATE INCOME TAX PURPOSES. AS SUCH, THE PARTNERSHIP'S INCOME, LOSSES AND CREDITS ARE INCLUDED IN THE INCOME TAX RETURNS OF ITS PARTNERS. IN ACCORDANCE WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING 2010 AND 2009. OPEN TAX YEARS SUBJECT TO EXAMINATION BY THE U.S. AND STATE TAXING AUTHORITIES ARE FOR THE YEARS 2008 TO 2010, WHICH STATUTES EXPIRE IN 2011 TO 2013, RESPECTIVELY. 1 INDIAN LAW RESOURCE CENTER 602 NORTH EWING STREET HELENA MT 59601 521121079 501(C)(3) 15000 NATIVE LAND LAW PROJECT NATIVE AMERICAN COMMUNITY DEVELOPMENT INSTITUTE 1414 EAST FRANKLIN AVENUE MINNEAPOLIS MN 55404 412117257 501(C)(3) 22000 DAKOTA LAND PROJECT PUEBLO OF JEMEZ PO BOX 100 JEMEZ PUEBLO NM 87024 850213473 GOVERNMENT 150000 ARCHIVAL RESEARCH ROUND VALLEY UNIFIED SCHOOL DISTRICT PO BOX 276 COVELO CA 95428 946002711 PUBLIC SCHOOL 130090 CURRICULUM IMPLEMENTATION 4 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 1-A GRANTS MANAGEMENT DATABASE USED TO MAINTAIN RECORDS AND GRANT AMOUNTS. 1-B GRANTEE MUST BE A 501(C)(3) ENTITY, GOVERNMENT OR HAVE A FISCAL AGENT TO BE ELIGIBLE TO RECEIVE A GRANT 1-C GRANTEE'S PROJECT MUST FALL WITHIN ONE OF THE FOUR DEFINED AREAS OF GRANTMAKING CRITERIA: EDUCATION, CULTURE, ECONOMIC, AND/OR LEGAL REFORM. X X 0 0 0 0 0 0 0 0 0 CRIS STAINBROOK 117800 0 0 0 7200 0 8750 0 29737 0 163487 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER RECEIVES A COPY OF THE 990 BEFORE IT IS FILED. AN OVERVIEW IS CONDUCTED BY THE PRESIDENT, WITH SPECIAL ATTENTION DRAWN TO NOTEWORTHY SECTIONS SUCH AS PUBLIC SUPPORT TESTING, PROGRAM EXPENSES, ETC. FORM 990, PART VI, SECTION B, LINE 12C OUR POLICY PROVIDES EXAMPLES OF RELATIONSHIPS THAT COULD CONSTITUTE A CONFLICT OF INTEREST. THE POLICY IS GIVEN TO BOARD MEMBERS AT THEIR ANNUAL MEETING, AT WHICH TIME THEY ARE ASKED TO DISCLOSE ANY INDIVIDUALS AND/OR ORGANIZATIONS WITH WHICH A CONFLICT OF INTEREST MIGHT EXIST. EACH MEMBER ACKNOWLEDGES RECEIPT OF AND UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY VIA SIGNATURE ON AN ANNUAL BASIS. ANY MEMBER HAVING A CONFLICT OF INTEREST CANNOT PARTICIPATE IN EITHER DELIBERATIONS OR DECISIONS ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USED COMPENSATION SURVEYS CONDUCTED BY THE MINNESOTA COUNCIL ON FOUNDATIONS AND LIKE ORGANIZATIONS TO ASSIST IN DETERMINING THE COMPENSATION OF KEY EMPLOYEES. SUCH COMPARABILITY STUDIES WERE CONDUCTED IN 2002 AND 2003. OUR BOARD MEMBERS RECEIVE NO COMPENSATION AND SERVE ON A VOLUNTEER BASIS. FORM 990, PART VI, SECTION C, LINE 19 ANY REQUESTS FOR SUCH DOCUMENTS ARE MADE DIRECTLY TO THE ORGANIZATION, WHICH CAN FULFILL THE REQUESTS ELECTRONICALLY OR IN OTHER FORMATS AS NECESSARY. GENERALLY, WE DISCLOSE OUR FINANCIALS AS PART OF OUR ANNUAL REPORT WHICH IS DISTRIBUTED TO DONORS AND OTHERS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,228,252. OVERSIGHT OF AUDIT FORM 990, PART XI, LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR. INDIAN LAND CAPITAL COMPANY LLC 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 202744778 FINANCIAL LENDING MN INDIAN LAND TENURE FOUNDATION RELATED 18626 3714876 0 1 0.75100 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 INDIAN LAND CAPITAL COMPANY A 35000 FMV