| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,975 | 4,481 | 0 | 1,494 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990PF-General Explanation Attachment 1 | AUGUST 23, 2021 WE RECEIEVED A NOTICE (LETTER NUMBER 0422897271)SAYING THAT THE TIMELY FILED PAPER RETURN COULD NOT BE PROCESSED AND THAT AN ELECTRONIC RETURN IS NOW REQUIRED AFTER JULY 1, 2020. WE RESPECTFULLY ASK THAT ANY LATE FILING PENALTIES BE WAIVED SINCE THE TAXPAYER WAS NOT AWARE OF THE NEW EFILE REQUIREMENT. THE PAPER RETURN WAS SUBMITTED TIMELY AND ORGINALLY US POSTAGE CERTIFIED ON MAY 13, 2021. THE DELAY IN EFILING WAS NOT DUE TO WILLFUL NEGLECT AND HAS BEEN PROMPTLY ADDRESSED. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LPL FASTENAL | 121,850 | 2,826,232 | |
| LPL OTHERS | 7,118,136 | 9,128,819 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 72,125 | 54,095 | 0 | 18,030 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COOP EQUITY | 311 | 311 | 311 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES | 237 | 119 | 0 | 118 |
| STATE OF MN FILING FEE | 25 | 0 | 0 | 25 |
| WEBSITE DESIGN AND FEES | 210 | 0 | 0 | 210 |
| INSURANCE | 1,250 | 625 | 0 | 625 |
| MISCELLANEOUS | 390 | 195 | 0 | 195 |
| PENALTYINTEREST | 0 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 234 | 234 | 0 | 0 |
| BROKERAGE FEES | 78,397 | 78,397 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 0 | 0 | 0 | 0 |
| FOREIGN TAXES | 2,302 | 2,302 | 0 | 0 |
| FEDERAL ESTIMATED TAXES | 15,295 | 0 | 0 | 0 |