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          <RecipientUSAddress>
            <AddressLine1Txt>120 1ST ST NE</AddressLine1Txt>
            <CityNm>MASON CITY</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP FORSTUDENTS ENTERINGMINISTRY</GrantOrContributionPurposeTxt>
          <Amt>29000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRINITY LUTHERAN CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>416 LAKE ST W</AddressLine1Txt>
            <CityNm>WATERVILLE</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>56096</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP FOR STUDENTS ENTERING MINISTRY</GrantOrContributionPurposeTxt>
          <Amt>43500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>145000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1849</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>32598</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>50135</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>4400</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>88982</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>88982</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSchedule-01">
      <DepreciationPropertyGrp>
        <PropertyDesc>TILE - 45.02 ACRES</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>27552</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4592</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1837</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1837</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TILE - 65.54 ACRES</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>38724</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6455</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>2582</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2582</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TILE - 69.79 ACRES</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>41874</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6980</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>2792</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2792</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TILE - 60.23 ACRES</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>36138</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6023</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>2409</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2409</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TILE - 65.3 ACRES</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>39180</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6530</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>2612</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2612</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>STORAGE BUILDING - 3123 S FED AVE</PropertyDesc>
        <AcquiredDt>2020-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>125000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9765</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>3146</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3146</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="GainLossSaleOtherAssetsSch-01">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PUBLICLY TRADED SECURITIES</AssetDesc>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <PurchaserNameGrp>
          <PersonNm>VARIOUS</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>48992</GrossSalesPriceAmt>
        <BasisAmt>44592</BasisAmt>
        <TotalNetAmt>4400</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedul-01">
      <InvestmentsCorporateStockGrp>
        <StockNm>FEDERATED HERMES TOTAL RETURN BOND FUND</StockNm>
        <EOYBookValueAmt>160100</EOYBookValueAmt>
        <EOYFMVAmt>132885</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LORD ABBETT SHORT DURATION INCOME FUND</StockNm>
        <EOYBookValueAmt>41898</EOYBookValueAmt>
        <EOYFMVAmt>38683</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO INCOME FUND</StockNm>
        <EOYBookValueAmt>168750</EOYBookValueAmt>
        <EOYFMVAmt>151292</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRUDENTIAL TOTAL RETURN BOND FUND</StockNm>
        <EOYBookValueAmt>159900</EOYBookValueAmt>
        <EOYFMVAmt>130457</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T ROWE PRICE BLUE CHIP GROWTH FUND</StockNm>
        <EOYBookValueAmt>104325</EOYBookValueAmt>
        <EOYFMVAmt>96614</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD EQUITY INCOME FUND</StockNm>
        <EOYBookValueAmt>101975</EOYBookValueAmt>
        <EOYFMVAmt>113828</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD MID CAP INDEX FUND</StockNm>
        <EOYBookValueAmt>43875</EOYBookValueAmt>
        <EOYFMVAmt>53201</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COHEN &amp; STEERS PFD SEC &amp; INCOME FUND</StockNm>
        <EOYBookValueAmt>36350</EOYBookValueAmt>
        <EOYFMVAmt>30386</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD EMERGING MKTS STOCK IDX FUND</StockNm>
        <EOYBookValueAmt>22100</EOYBookValueAmt>
        <EOYFMVAmt>18148</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD TOTAL INTL STOCK INDEX FUND</StockNm>
        <EOYBookValueAmt>62825</EOYBookValueAmt>
        <EOYFMVAmt>60679</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK RE SEC FUND</StockNm>
        <EOYBookValueAmt>27335</EOYBookValueAmt>
        <EOYFMVAmt>32347</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="InvestmentsLandSchedule2-01">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>31.81A LAND - CGCO 3-96-19</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>119000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>119000</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>45.92A LAND - CGCO 16-97-19</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>287448</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>287448</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TILE 45.92A</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>27552</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6429</AccumulatedDepreciationAmt>
        <BookValueAmt>21123</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>64.54A LAND - CGCO 32-97-19</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>446276</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>446276</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TILE 64.54A</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>38724</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>9037</AccumulatedDepreciationAmt>
        <BookValueAmt>29687</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>69.79A LAND - CGCO 22-96-20</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>474126</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>474126</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TILE 69.79A</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>41874</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>9772</AccumulatedDepreciationAmt>
        <BookValueAmt>32102</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>60.23A LAND - CGCO 1-96-19</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>313862</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>313862</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TILE 60.23A</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>36138</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8432</AccumulatedDepreciationAmt>
        <BookValueAmt>27706</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>65.3A LAND - CGCO 7-95-19</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>420820</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>420820</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TILE 65.3A</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>39180</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>9142</AccumulatedDepreciationAmt>
        <BookValueAmt>30038</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>COMMERCIAL BUILDING - 3123 S FEDERAL AVE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>125000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12911</AccumulatedDepreciationAmt>
        <BookValueAmt>112089</BookValueAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule-01">
      <LegalFeesGrp>
        <CategoryTxt>LAIRD LAW FIRM PLC LEGAL ADVICE</CategoryTxt>
        <LegalFeesAmt>930</LegalFeesAmt>
        <NetInvestmentIncomeAmt>230</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>700</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2022</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2022</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL REPAIRS</Desc>
        <RevenueAndExpensesPerBooksAmt>1640</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1640</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAXES</CategoryTxt>
        <Amt>58</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>14423</Amt>
        <NetInvestmentIncomeAmt>14423</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>