Item 8.01     Other Events

On February 28, 2007, the United States Bankruptcy Court, District of
Minnesota, issued an Order approving the sale pursuant to Section 363 of the
United States Bankruptcy Code of substantially all assets of Dakota Arms, Inc.
("Dakota"), to Technology Funding Group, LLC, and Dakota Equity, LLC, entities
controlled by Charles R. Kokesh, for $1,120,000 plus a guarantee to make two
additional payments of $100,000 each 180 days and 545 days from Closing.  The
only other bidder in the sale submitted a lesser bid only for a portion of the
assets.  Negotiations continue with that entity, and the bankruptcy estate may
receive further proceeds.

Technology Funding Venture Partners IV Liquidating Trust ("T-4") and an
affiliated trust had provided the Debtor in Possession ("DIP") loan to Dakota
Arms, Inc., after Dakota filed a voluntary petition for reorganization under
Chapter 11 of the United States Bankruptcy Code on July 6, 2007.  T-4 provided
$92,500 in DIP financing to Dakota.  Upon the sale of Dakota's assets, T-4
received $49,000 back as repayment of the DIP loan.  The balance of the DIP
loan remains a liability of the bankruptcy estate.

Item 9.01.     Financial Statements And Exhibits

(c) Exhibits.

The following is filed as an exhibit to this Current Report on Form 8-K:

99.1     Order by the United States Bankruptcy Court, District of Minnesota,
         Authorizing the Sale.
[{"type": "8-K", "sequence": "1", "filename": "t48kdak.txt", "secsgml_size_bytes": 1428}]
{"company-data": {"conformed-name": "TECHNOLOGY FUNDING VENTURE PARTNERS IV", "cik": "0000826595", "assigned-sic": "6189", "irs-number": "943054600", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-15258", "film-number": "07687200"}, "business-address": {"street1": "C\\O TECHNOLOGY FUNDING INC", "street2": "1107 INVESTMENT BLVD, SUITE 180", "city": "ELDORADO HILLS", "state": "CA", "zip": "95762", "phone": "916-941-1400"}, "mail-address": {"street1": "TECHNOLOGY FUNDING INC", "street2": "1107 INVESTMENT BLVD, SUITE 180", "city": "ELDORADO HILLS", "state": "CA", "zip": "95762"}, "former-company": [{"former-conformed-name": "TECHNOLOGY FUNDING PARTNERS IV", "date-changed": "19881030"}, {"former-conformed-name": "TECHNOLOGY FUNDING PARTNERS IV L P", "date-changed": "19880927"}]}
Item 8.01     Other Events

On February 28, 2007, the United States Bankruptcy Court, District of
Minnesota, issued an Order approving the sale pursuant to Section 363 of the
United States Bankruptcy Code of substantially all assets of Dakota Arms, Inc.
("Dakota"), to Technology Funding Group, LLC, and Dakota Equity, LLC, entities
controlled by Charles R. Kokesh, for $1,120,000 plus a guarantee to make two
additional payments of $100,000 each 180 days and 545 days from Closing.  The
only other bidder in the sale submitted a lesser bid only for a portion of the
assets.  Negotiations continue with that entity, and the bankruptcy estate may
receive further proceeds.

Technology Funding Venture Partners IV Liquidating Trust ("T-4") and an
affiliated trust had provided the Debtor in Possession ("DIP") loan to Dakota
Arms, Inc., after Dakota filed a voluntary petition for reorganization under
Chapter 11 of the United States Bankruptcy Code on July 6, 2007.  T-4 provided
$92,500 in DIP financing to Dakota.  Upon the sale of Dakota's assets, T-4
received $49,000 back as repayment of the DIP loan.  The balance of the DIP
loan remains a liability of the bankruptcy estate.

Item 9.01.     Financial Statements And Exhibits

(c) Exhibits.

The following is filed as an exhibit to this Current Report on Form 8-K:

99.1     Order by the United States Bankruptcy Court, District of Minnesota,
         Authorizing the Sale.