2024-11-07T16:19:38-06:00 2023-12-31 731185089 ARLEDGE & ASSOCIATES PC 7100 N CLASSEN BLVD STE 200 OKLAHOMA CITY OK 73116 990 2023-01-01 412014273 INDIAN LAND TENURE FOUNDATION INDI 6517668999 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 LINNEA JACKSON BOARD CHAIR 6517668999 2024-11-01 1 1 JENNIFER LINDSTROM P02083973 4053480615 2024-11-01 2023 2024-10-15 13:58:12Z LINNEA JACKSON 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 17497661 0 X WWW.ILTF.ORG X 2001 MN 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 REASCHING THAT GOAL. 11 11 14 11 7325 0 12046112 10165549 2474363 4013204 167277 470865 1633897 2726836 16321649 17376454 2463256 1497112 0 0 1490447 1830640 0 0 234103 4811811 7792103 8765514 11119855 7556135 6256599 69656737 75713795 31005525 28160109 38651212 47553686 X THE MISSION OF THE INDIAN LAND TENURE FOUNDATION (ILTF) IS TO SEE THOSE LANDS WITHIN THE ORIGINAL BOUNDARIES OF EVERY RESERVATION AND OTHER AREAS OF HIGH SIGNIFICANCE WHERE TRIBES RETAIN ABORIGINAL INTERS ARE IN INDIAN OWNERSHIP AND MANAGEMENT. 0 0 5427873 397112 4899210 GENERAL PROGRAM:THE INDIAN LAND TENURE FOUNDATION (ILTF) CONTINUES TO REACH OUT TO NATIVE AMERICAN COMMUNITIES AND THE GENERAL PUBLIC TO BROADEN THEIR UNDERSTANDING OF THE COMPLEX ISSUES OF LAND OWNERSHIP IN INDIAN COUNTRY. AMONG THESE ACTIVITIES ARE GRANT-MAKING, PRESENTING AT CONFERENCES AND OTHER GATHERINGS, DISTRIBUTION OF OUR RELEVANT PUBLICATIONS, OUTREACH THROUGH SOCIAL MEDIA AND PROGRAM UPDATE REPORTS AS WELL AS THROUGH THE FOUNDATION'S WEBSITE. THE FOUNDATION TAKES AN ACTIVE ROLE WORKING WITH NATIVE NATIONS ADDRESSING ISSUES BY HOSTING REGIONAL MEETINGS, MEETING WITH FEDERAL OFFICIALS, AND OTHER OUTREACH TO TRIBAL LEADERS. THE 2021 ONLINE OUTREACH CONTINUED DURING 2022 THROUGH ONGOING WEBINARS AND POSTED CONTENT TO REACH TRIBAL COMMUNITY MEMBERS FOR A CONSTITUENCY THAT APPRECIATES THE CONVENIENCE OF THIS FORMAT.SPECIFIC OUTREACH EFFORTS INCLUDE OFFERING CONTINUING LEGAL EDUCATION (CLE) COURSES AND THE TRIBAL LAND PROFESSIONALS CERTIFICATION PROGRAM, ESTATE PLANNING AND WILL WRITING, DIRECTLY ADDRESSING FRACTIONAL OWNERSHIP ISSUES ON ALLOTTED LANDS, CARBON CREDIT MARKETS; AND DEVELOPING AND PRESENTING LESSONS OF OUR LAND CURRICULUM INFORMATION TO TEACHERS, SCHOOL ADMINISTRATORS, STUDENTS, AND TRIBAL ELDERS, LEADERS, AND OTHER CITIZENS. 624817 818784 NATIONAL INDIAN CARBON COALITION:THE NATIONAL INDIAN CARBON COALITION (NICC) WORKS TO BUILD CAPACITY FOR INDIGENOUS-LED CARBON SEQUESTRATION PROJECTS THAT INCLUDE TRIBAL NATIONS, ALASKA NATIVE VILLAGES & CORPORATIONS, NATIVE HAWAIIAN ORGANIZATIONS, AND FIRST NATIONS IN CANADA. NICC HAS RECEIVED PHILANTHROPIC DOLLARS TO ESTABLISH THE REVOLVING PROJECT FUND, WHICH ADVANCES OUR EFFORTS SIGNIFICANTLY TOWARDS BUILDING NICC'S LONGER-TERM SUPPORT FOR INDIGENOUS PROJECTS. NICC CONDUCTS ALL OF THE SUPPORTING WORK ON INDIGENOUS LANDS AS THE PROJECT PROPONENT AND CONTINUES TO PARTNER WITH THE INDIGENOUS ORGANIZATION FOR A FORTY (40) YEAR DURATION. THIS REMOVES THE SIGNIFICANT BURDEN OF PROJECT MANAGEMENT FROM THE INDIGENOUS ORGANIZATION, THUS ASSURING LONG-TERM BENEFITS TO INDIGENOUS COMMUNITIES.THERE IS SIGNIFICANT DEMAND FOR CARBON PROJECTS ON INDIGENOUS LANDS AND THIS FUNDING WILL ALLOW NICC TO BUILD OUR INTERNAL CAPACITY TO RESPOND IN THE MOST EFFECTIVE WAYS POSSIBLE. NICC IS A TRUSTED RESOURCE, AND A CRITICAL BRIDGE THAT ENABLES THE DEVELOPMENT OF SUCCESSFUL PROJECTS ON INDIGENOUS LANDS THAT MAY NOT OTHERWISE HAPPEN DUE TO THE SIGNIFICANT CAPITAL, TIME AND CAPACITY INVESTMENT NEEDED TO SECURE AND DEVELOP PROJECTS. THE ENVIRONMENTAL IMPACT OF THESE PROJECTS WILL BE TRACKED USING AN EFFICIENT, TRANSPARENT SYSTEM, ALONG WITH A ROBUST FOREST CERTIFICATION. 1104838 1100000 NATIVE NATION REBUILDING:ILTF ESTABLISHED A DESIGNATED FUND FOR THE NATIVE GOVERNANCE CENTER (NGC), A 501(C)(3), THAT FOCUSES ON TRAINING AND INFORMING TRIBAL GOVERNMENTS ON BUILDING THE FOUNDATION OF NATION BUILDING THROUGH POLICY AND GOVERNMENTAL FUNCTIONS. NATIVE NATION REBUILDING FUND MAKES DISTRIBUTIONS THAT SUPPORT NGC AND ITS WORK ON THE MANAGEMENT OF RESERVATION PLANNING AND LANDS. THE NGC AND ILTF ARE PLANNING SEVERAL JOINT EFFORTS TO EXPAND THE REACH OF BOTH ORGANIZATIONS IN 2023. 296683 361680 CONSERVATION INNOVATION:NICC HAS BEEN AWARDED TWO (2) USDA-NRCS CONSERVATION INNOVATION GRANTS ONE EACH IN 2021 AND THE OTHER IN 2022. UNDER THE 2021 FUNDING, NICC AND ITS PARTNERS, IS DEVELOPING A NEW APPROACH TO TRIBAL WORKING LANDS CONSERVATION. THE GOAL OF THIS PROJECT IS TO DEVELOP AND PILOT AN OPERATIONAL WEB-BASED TOOL TO ASSESS AND QUANTIFY THE CO-BENEFITS OF ENHANCED LAND-BASED CARBON SEQUESTRATION PRODUCED THROUGH ECOSYSTEM CONSERVATION AND RESTORATION ACTIVITIES ON TRIBAL LANDS. WE WILL PRODUCE OPEN SOURCE ONLINE-MAPPING TOOLS FOR USE BY PARTNER TRIBES TO ASSESS NATURAL RESOURCE ASSETS, INCLUDING CARBON, AND WILL INTRODUCE A NEW FRAMEWORK AND METRICS FOR QUANTIFICATION AND VALUATION OF THE CO-BENEFITS OF PROTECTING THESE ASSETS. WE WILL WORK WITH PARTNER NATIVE AMERICAN TRIBES TO DEVELOP LONG-TERM CONSERVATION, SUSTAINABILITY, AND CLIMATE RESILIENCE STRATEGIES THAT MEET THEIR UNIQUE ECOLOGICAL AND CULTURAL VALUES. THE TOOL WILL ALLOW FOR THE QUANTIFICATION AND VALUATION OF THESE RESOURCES FOR THE CO-BENEFITS OF SUSTAINED AIR QUALITY, WATER QUALITY, WATER SUPPLY, WILDLIFE HABITAT, CULTURAL VALUES, AND MORE. THESE VALUES CAN THEN BE MORE EXPLICITLY RECOGNIZED TO INCREASE THE MONETARY VALUE OF CARBON OFFSETS IN THE VOLUNTARY MARKETPLACE DERIVED FROM GREENHOUSE GAS MITIGATION ACTIVITIES ON TRIBAL LANDS. CURRENT STANDARDS IN THE VOLUNTARY CARBON OFFSET MARKETPLACE RECOGNIZE THE IMPORTANCE OF CO-BENEFITS BUT HAVE YET TO FULLY AND FORMALLY INCORPORATE THESE VALUES INTO VERIFIED OFFSET PROJECTS. GREENHOUSE GAS MITIGATION THROUGH THE PROTECTION OF HEALTHY ECOSYSTEMS AND WORKING LANDS OFFERS MORE THAN THE MONETIZATION OF CARBON, AND WE WILL BE THE FIRST TO OFFER CO-BENEFITS VALUATION METRICS TO THE VOLUNTARY CARBON MARKETPLACE. THE 2021 FUNDING, NICC AND ITS PARTNERS, HAVE SEEN A PROLIFERATION OF AGRICULTURAL CARBON MARKETS. IF SUCCESSFUL, THESE PROGRAMS HAVE THE POTENTIAL TO MAKE POSITIVE CLIMATE IMPACTS, IMPROVE OR RESTORE LOCAL ECOLOGICAL RESOURCES, AND INCREASE INCOMES THROUGH THE CREATION OF A NEW CARBON CROP. THIS PROJECT SEEKS TO ENSURE THAT NATIVE AMERICAN FARMERS AND RANCHERS HAVE ACCESS TO NRCS PROGRAMS AND SERVICES FOR CONSERVATION THAT CAN LEAD TO BENEFIT FROM THE HIGHEST-QUALITY CARBON CREDITS AND THAT AGRICULTURAL PRODUCTION SYSTEMS COMMON ON TRIBAL LANDS HAVE STRONG LOCAL DEMONSTRATIONS TO CATALYZE ADOPTION. AGRICULTURAL CARBON MARKETS HAVE THE POTENTIAL TO PROVIDE RURAL COMMUNITIES WITH BOTH ECOLOGICAL AND ECONOMIC BENEFITS. RECENT YEARS HAVE SEEN A PROLIFERATION OF PROGRAMS IN THIS SPACE. WITHOUT DIRECT INVOLVEMENT, HOWEVER, THERE IS RISK THAT NATIVE AMERICAN FARMERS AND RANCHERS MAY NOT BENEFIT FROM THESE PROGRAMS EITHER BECAUSE OF A LACK OF INFORMATION TAILORED TO THEM, OR BECAUSE PROGRAMS MAY NOT INCLUDE SOME OF THE PRACTICES OR REGIONS MOST COMMON THREE AMONG THEM. THIS FUNDING ENABLES NATIVE AMERICAN FARMERS AND RANCHERS' ACCESS TO HIGH-QUALITY, THIRD-PARTY VERIFIED CARBON CREDITS AND PROMOTE ECOLOGICALLY RESTORATIVE AGRICULTURAL PRACTICES.THE RECENTLY APPROVED SOIL ENRICHMENT PROTOCOL (SEP) BY THE CLIMATE ACTION RESERVE PROVIDES A NEW STANDARD FOR AGRICULTURAL CARBON MARKETS THAT ENABLES SCALE AND RIGOR. DEMONSTRATION SITES SHOWING THE BENEFITS OF NRCS CONSERVATION PRACTICES AND SHOWING THE ECONOMIC BENEFIT OF PARTICIPATION IN AGRICULTURAL CARBON MARKETS CAN INCREASE AWARENESS OF CLIMATE SMART AGRICULTURE AND REDUCE BARRIERS TO PARTICIPATION OF NATIVE AMERICAN PRODUCERS AND GROWERS IN NRCS CONSERVATION PRACTICES. NICC HAS IDENTIFIED TRIBAL-OWNED OR INDIVIDUALLY OWNED FARMLAND FOR THESE DEMONSTRATIONS, ENSURING THE BENEFITS OF THIS AGREEMENT ENRICH TRIBAL PRODUCERS AND ENABLE ACCESS TO CARBON MARKETS BEYOND THE DIRECT RECIPIENTS OF THIS GRANT'S BENEFITS. ONE SET OF DEMONSTRATIONS SITES WILL HIGHLIGHT THE EFFECTS ON THE LAND DUE TO GRAZING PRACTICE CHANGES. THIS PROJECT WILL ALSO ESTABLISH CROPLAND DEMONSTRATION SITES WITH NATIVE AMERICAN FARMERS THAT SERVE AS DEMONSTRATIONS OF THE POTENTIAL FOR REGENERATIVE AGRICULTURAL PRACTICES, SUCH AS COVER CROPS AND NO-TILL, WHILE ALSO PROVIDING AN EDUCATIONAL RESOURCE FOR NATIVE AMERICAN GROWERS AND AGRONOMISTS TO INCREASE ACCESS TO AND BENEFIT FROM THE LARGEST, ESTABLISHED PROGRAM IMPLEMENTING THE SEP AT SCALE, CARBON BY INDIGO AS WELL AS INCREASE AWARENESS AND PARTICIPATION IN NRCS PROGRAMS SUCH AS EQIP. THE OUTCOME OF THIS GRANT HELPS INFORM THE EFFECTS OF REGENERATIVE FARMING PRACTICES TO LOCAL PRODUCERS AND FARMERS AS WELL AS AID IN LOWERING OR REMOVE BARRIERS TO ACCESS CARBON MARKETS FOR NATIVE AMERICAN FARMERS AND RANCHERS. BEYOND THE CARBON MARKET BENEFITS, FARMERS AND RANCHERS IMPLEMENTING THESE CONSERVATION GRAZING PRACTICES WOULD IMPROVE WILDLIFE HABITAT AND DECREASE EROSION AND OTHER ENVIRONMENTAL RISKS FROM CONVENTIONAL FARMING AND GRAZING PRACTICES. 296683 361680 7454211 1 1 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 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 1 0 0 0 0 1 45 0 1 14 1 1 1 0 0 0 0 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 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MO MS NC ND NH NJ NM NV NY OH OK OR RI SC TN UT VA WA WI WV DC PA X X CRIS STAINBROOK 6517668999 151 E COUNTY ROAD B2 E LITTLE CANADA MN 55117 LINNEA JACKSON BOARD CHAIR 1.00 X X 0 0 0 RUSSELL ZEPHIER VICE CHAIR 1.00 X X 0 0 0 LEA ZEISE SECRETARY/TREASURER 1.00 X X 0 0 0 RANDALL EMM BOARD MEMBER 1.00 X 0 0 0 ELECTA HARE-REDCORN BOARD MEMBER 1.00 X 0 0 0 PHILOMENA KEBEC BOARD MEMBER 1.00 X 0 0 0 TOBI MARACLE BOARD MEMBER 1.00 X 0 0 0 AMANDA MONTOYA BOARD MEMBER 1.00 X 0 0 0 JOHN SIROIS BOARD MEMBER 1.00 X 0 0 0 SAMANTHA SKENANDORE BOARD MEMBER 1.00 X 0 0 0 GABE SNEEZY BOARD MEMBER 1.00 X 0 0 0 DAVID GARELICK CORPORATE RELATIONS OFFICE 40.00 X 118159 0 51484 D'ARCY BORDEAUX ACCOUNTANT/HR DIRECTOR 40.00 X 126642 0 27061 CRIS STAINBROOK PRESIDENT 40.00 X 153908 0 58298 BRYAN VAN STIPPEN PROGRAM DIRECTOR 40.00 X 128202 0 44050 RJAY BRUNKOW CEO OF ILCC 40.00 X 252980 0 44223 779891 0 225116 5 0 1 0 GREEN TIMBER CONSULTING FORESTERS INC 11511 US HIGHWAY 41 PELKIE MI 49958 CONSULTING 339716 INDIGO AG INC PO BOX 660367 DALLAS TX 752660367 CONSULTING 270000 CARBON INFORMATICS LLC 2529 YOLANDA CT PLEASANTON CA 94566 CONSULTING 220000 3 2513990 7651559 22833 10165549 LAND RECOVERY LOAN INTEREST 523000 2844632 2844632 PROGRAM FEES 611430 867563 867563 ANNUAL CONFERENCE 611430 232550 232550 ORIGINATION FEES 611430 61441 61441 GARANTOR FEE 611430 7018 7018 4013204 430483 3312 427171 278 278 10061 0 10061 10061 10061 140971 100589 40382 40382 2775 37607 2087088 20618 2066470 2066470 MISCELLANEOUS 900099 649067 649067 PARTNERSHIP INCOME 900099 960 960 650027 17376454 6079674 7325 1123906 X 1497112 1497112 779891 573820 133733 72338 557115 409909 95532 51674 395798 277281 63633 54884 97836 70789 17016 10031 76072 76072 51120 51120 85367 85367 1187458 1163920 22595 943 155105 140350 12855 1900 64846 54543 8944 1359 45657 36850 6690 2117 1303627 1303627 20107 16326 2652 1129 265923 251606 12468 1849 287723 278353 6540 2830 945175 943793 1382 49816 28492 14665 6659 18135 10342 5050 2743 PROVISION FOR LOAN LOSS 2935581 196069 2739512 BOARD EXPENSES 107159 107159 DUES & SUBSCRIPTIONS 50995 24801 9753 16441 SERVICE CHARGES AND FEE 50340 40632 7377 2331 91897 59524 27498 4875 11119855 7454211 3431541 234103 9830430 9477348 6898285 6151694 923911 833787 30663666 30426545 202495 915092 27091 38568 1333141 1004487 364852 328654 17352155 23793740 3393852 3748367 69656737 75713795 1416962 318889 226188 188685 180438 3823701 6003754 6026251 6832283 3942500 16345900 13860083 31005525 28160109 X 28973097 38784975 9678115 8768711 38651212 47553686 69656737 75713795 6256599 2535326 110549 0 X X 0 1 X 1 0 X 1025558 4432998 8491289 12046112 10165549 36161506 1025558 4432998 8491289 12046112 10165549 36161506 10528836 25632670 176594 156628 303211 234030 437232 1307695 50727 34647 1414 7325 94113 111194 75452 649067 835713 38399027 15489523 0.66750 0.49010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27 439860 1100000 15909882 1 1 0 1 X 43125 43125 1001629 733215 268414 212128 196120 16008 76259 75152 1107 328654 X 19957584 2535326 110549 2645875 17311709 85363 -20618 64745 17376454 11055110 20618 20618 11034492 85363 85363 11119855 PART IV, LINE 2B: THE ORGANIZATION IS IN CUSTODY OF FUNDS CONTRIBUTED BY THE PUBLIC TO THREE INDIAN TRIBES SPECIFICALLY FOR THE PURCHASE OF PE SLA, A SACRED NATIVE AMERICAN SITE. THE ORGANISATION ALSO HAD CUSTODIAL ARRANGEMENTS OF FUNDS FOR THE SPIRIT OF SOVERIGNTY FOUNDATION. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, UNRELATED BUSINESS INCOME IN EXCESS OF RELATED EXPENSES RELATED TO INVESTMENTS IN CERTAIN PARTNERSHIPS MAY BE SUBJECT TO TAXATION. THE SUBSIDIARY WAS TREATED AS A PARTNERSHIP FOR FEDERAL AND STATE INCOME TAX PURPOSES UNTIL MAY 2020, WHEN ILTF PURCHASED THE NONCONTROLLING INTERNEST FOR ILCC AND NOW OWNS 100% OF ILCC. AS SUCH, THE PARTNERSHIP'S INCOME, LOSSES, AND CREDITS WERE INCLUDED IN THE INCOME TAX RETURNS OF ITS PARTNERS UNTIL THAT TIME. THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON STATEMENT OF REVENUE -20,618. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON STATEMENT OF REVENUE 20,618. 1 BUFFALO NATIONS GRASSLANDS ALLIANCE PO BOX 71 LOWER BRULE SD 57548 863303913 501 (C)(3) 150000 0 LAND RESTORATION CHILCHINBETO CHAPTER OF THE NAVAJO NATION PO BOX 1681 KAYENTA AZ 86033 860718204 TRIBE 12393 0 EDUCATION MORONGO BAND OF MISSION INDIANS 12700 PUMARRA ROAD BANNING CA 92220 952754308 TRIBE 15000 0 EDUCATION PALA BAND OF MISSION INDIANS 35008 PALA TEMECULA RD PMB 50 PALA CA 92059 952863815 TRIBE 11855 0 EDUCATION NATIVE GOVERNANCE CENTER 1730 NEW BRIGHTON BLVD STE 104-236 MINNEAPOLIS MN 55413 474901644 501 (C)(3) 1100000 0 OPERATIONS 2 4 PART I, LINE 2: ILTF RELIES ON PERIODIC REPORTS FROM GRANTEES AS REQUIRED IN EVERY GRANT AGREEMENT. X X 0 0 0 0 0 0 0 0 0 RJAY BRUNKOW CEO OF ILCC 136240 0 116740 0 0 0 19448 0 24775 0 297203 0 0 0 CRIS STAINBROOK PRESIDENT 151436 0 0 0 2472 0 17935 0 40363 0 212206 0 0 0 BRYAN VAN STIPPEN PROGRAM DIRECTOR 113489 0 14437 0 276 0 14786 0 29264 0 172252 0 0 0 DAVID GARELICK CORPORATE RELATIONS OFFICE 102005 0 13682 0 2472 0 13626 0 37858 0 169643 0 0 0 D'ARCY BORDEAUX ACCOUNTANT/HR DIRECTOR 108601 0 17765 0 276 0 14462 0 12599 0 153703 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER RECEIVES A COPY OF THE 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. AN OVERVIEW IS CONDUCTED BY THE PRESIDENT, WITH SPECIAL ATTENTION DRAWN TO NOTEWORTHY SECTIONS SUCH AS PUBLIC SUPPORT TESTING, PROGRAM EXPENSES, AND OTHER AREAS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S 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. CONFLICTS ARE REPORTED TO THE BOARD CHAIR. ANY MEMBER HAVING A CONFLICT OF INTEREST CANNOT PARTICIPATE IN WITHER DELIBERATIONS OR DECISION ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES COMPENSATION SURVEYS CONDUCTED BY THE MINNESOTA COUNCIL OF FOUNDATIONS AND LIKE ORGANIZATIONS TO ASSIST IN DETERMINING THE COMPENSATION OF KEY EMPLOYEES. SUCH COMPARABILITY STUDIED WERE CONDUCTED IN PRIOR YEARS. THE ORGANIZATION'S 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, FINANCIAL STATEMENTS ARE DISCLOSED AS PART OF THE ANNUAL REPORT WHICH IS DISTRIBUTED TO DONORS AND OTHERS. FORM 990, PART IX, LINE 11G OUTSIDE PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,163,920. MANAGEMENT AND GENERAL EXPENSES 22,595. FUNDRAISING EXPENSES 943. TOTAL EXPENSES 1,187,458. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. INDIAN LAND CAPITAL COMPANY LLC 151 EAST COUNTY ROAD B2 LITTLE CANADA MN 55117 202744778 FINANCIAL LENDING MN 3835034 29133585 INDIAN LAND TENURE FOUNDATION 1 1 1